v3.26.1
Interim Condensed Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net loss: $ (7,369) $ (7,031)
Adjustments required to reconcile net loss to net cash used in operating activities:    
Depreciation 1,318 1,548
Amortization of intangible assets 344 417
Equity-based compensation 10,543 9,225
Realized gain on sale of available-for-sale marketable securities 0 (16)
Accretion of discount on available-for-sale marketable securities (177) (460)
Unrealized foreign exchange (gain) loss 1,906 (1,669)
Remeasurement of marketable equity securities (88) 262
Trade receivables, net 2,404 948
Prepaid expenses and other assets (6,790) (2,858)
Operating lease right-of-use assets 418 1,166
Accrued interest on bank deposits (108) (54)
Deferred taxes, net 50 (283)
Trade payables (914) 466
Deferred revenues (804) (387)
Accrued expenses and other payables (838) (1,393)
Accrued payroll and related benefits 552 (4,606)
Operating lease liability 450 (1,560)
Accrued severance pay, net 43 64
Net cash used in operating activities 940 (6,221)
Remeasurement of marketable equity securities (88) 262
Trade receivables, net 2,404 948
Prepaid expenses and other assets (6,790) (2,858)
Operating lease right-of-use assets 418 1,166
Accrued interest on bank deposits (108) (54)
Deferred taxes, net 50 (283)
Trade payables (914) 466
Deferred revenues (804) (387)
Accrued expenses and other payables (838) (1,393)
Accrued payroll and related benefits 552 (4,606)
Operating lease liability 450 (1,560)
Accrued severance pay, net 43 64
Net cash used in operating activities 940 (6,221)
Cash flows from investing activities:    
Purchase of property and equipment 2,949 1,002
Proceeds from the sale of Intrinsix 0 3,470
Investment in bank deposits 3,868 705
Proceeds from bank deposits 863 0
Investment in available-for-sale marketable securities 48,115 30,751
Proceeds from maturity of available-for-sale marketable securities 55,372 45,860
Proceeds from sale of available-for-sale marketable securities 0 3,914
Net cash provided by investing activities 1,303 20,786
Cash flows from financing activities:    
Purchase of treasury stock 0 (6,162)
Proceeds from exercise of stock-based awards 1,551 1,630
Net cash provided by (used in) financing activities 1,551 (4,532)
Effect of exchange rate changes on cash and cash equivalents    
Effect of exchange rate changes on cash and cash equivalents (79) 551
Increase (decrease) in cash and cash equivalents 3,715 10,584
Cash and cash equivalents at the beginning of the year 40,586 18,498
Cash and cash equivalents at the end of the period 44,301 29,082
Supplemental information of cash flow activities:    
Income and withholding taxes 4,160 3,241
Non-cash transactions:    
Property and equipment purchases incurred but unpaid at period end 99 153
Right-of-use assets obtained in the exchange for operating lease liabilities $ 369 $ 126