v3.26.1
Interim Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 44,301 $ 40,586
Short-term bank deposits 5,148 2,095
Marketable securities 171,271 179,302
Trade receivables (net of allowance for credit losses of $288 at both June 30, 2026 and December 31, 2025) 46,715 49,355
Prepaid expenses and other current assets 15,747 13,498
Total current assets 283,182 284,836
Long-term assets:    
Severance pay fund 7,615 7,530
Deferred tax assets, net 228 257
Property and equipment, net 8,784 7,054
Operating lease right-of-use assets 17,068 17,486
Goodwill 58,308 58,308
Intangible assets, net 700 1,044
Investments in marketable equity securities 143 55
Other long-term assets 15,861 11,686
Total long-term assets 108,707 103,420
Total assets 391,889 388,256
Current liabilities:    
Trade payables 1,540 2,418
Deferred revenues 2,692 3,496
Accrued expenses and other payables 4,390 5,181
Accrued payroll and related benefits 16,694 15,845
Operating lease liabilities 2,662 1,743
Total current liabilities 27,978 28,683
Long-term liabilities:    
Accrued severance pay 7,832 7,690
Operating lease liabilities 14,762 14,388
Other accrued liabilities 1,072 1,037
Total long-term liabilities 23,666 23,115
Stockholders’ equity:    
Preferred Stock, $0.001 par value; 5,000,000 shares authorized; none issued and outstanding 0 0
Common Stock, $0.001 par value; 45,000,000 shares authorized; 28,137,917 and 27,583,325 shares issued at June 30, 2026 and December 31, 2025, respectively; 28,137,917 and 27,510,739 shares outstanding at June 30, 2026 and December 31, 2025, respectively 28 28
Additional paid in-capital 348,469 337,966
Treasury stock at cost (0 and 72,586 shares of common stock at June 30, 2026 and December 31, 2025, respectively) 0 (1,591)
Accumulated other comprehensive income (loss) (859) 79
Accumulated deficit (7,393) (24)
Total stockholders’ equity 340,245 336,458
Total liabilities and stockholders’ equity $ 391,889 $ 388,256