Registration statement for securities of certain foreign private issuers

Summary of Significant Accounting Policies (Tables)

v3.21.2
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2020
Accounting Policies [Line Items]  
Summary of Estimated Useful Lives of Related Assets Depreciation is calculated on a straight-line basis over the estimated useful lives of the related assets, at the following annual rates:
    
%
Computers and software    33
Office furniture and equipment   
7-15
(mainly 15)
Electronic equipment    15
Leasehold improvements    Over the shorter of the related lease period or the useful life of the assets
Summary of Contract Liabilities
Contract liabilities consisted of the following as of December 31, 2020 and December 31, 2019:
 
    
December 31,
 
    
2020
    
2019
 
    
(in thousands)
 
Contract Liabilities, Current
     
Deferred Revenue, Current
   $ 996      $ 291  
Customer Advance Payment
     665      172  
  
 
 
    
 
 
 
Total
   $ 1,661      $ 463  
  
 
 
    
 
 
 
Contract Liabilities, Long-Term
     
Deferred Revenue, Long-Term
     3,473        3,473  
  
 
 
    
 
 
 
Total Contract Liabilities
  
$
5,134
 
  
$
3,936
 
  
 
 
    
 
 
Summary of Changes in Warranty Provision
Changes in the warranty provision, presented in other accrued expenses, was as follow:
 
    
Year ended

December 31,
 
    
2020
    
2019
 
Balance at beginning of the year
   $ 61      $ *
Warranty Provision
     198        118  
Warranty Claims Settled
     (232      (57
    
 
 
    
 
 
 
Balance at end of the year
   $ 27      $ 61  
    
 
 
    
 
 
 
 
  *)
Represents amount lower than $1.
Schedule of Basic And Diluted Net Income (Loss) Per Common Share
The following table sets forth the computation of the net loss per share for the period presented:
 
    
Year ended December 31,
 
    
2020
    
2019
    
2018
 
Numerator:
        
Net loss
   $ (81,511    $ (67,301    $ (56,400
Preferred share accrued cumulative dividend rights
     (17,473      (13,664      (5,795
  
 
 
    
 
 
    
 
 
 
Total loss attributable to ordinary shares
   $ (98,984    $ (80,965    $ (62,195
  
 
 
    
 
 
    
 
 
 
Denominator:
        
     16,514,910        15,524,845        15,039,814  
  
 
 
    
 
 
    
 
 
 
Collective Growth Corp [Member]  
Accounting Policies [Line Items]  
Schedule of Basic And Diluted Net Income (Loss) Per Common Share
 
    
Year ended
December 31,
2020
   
For the Period
from
December 23,
2019
(Inception)
through
December 31,
2019
 
Common stock subject to possible redemption
    
Numerator: Earnings allocable to Common stock subject to possible redemption
    
Interest earned on marketable securities held in Trust Account
   $ 61,688     $ —    
Unrealized gain on marketable securities held in Trust Account
     3,546    
Less: Income taxes and franchise fees
     (65,234     —    
  
 
 
   
 
 
 
Net loss allocable to shares subject to possible redemption
   $ —       $ —    
  
 
 
   
 
 
 
Denominator: Weighted Average Common stock subject to possible redemption
    
Basic and diluted weighted average shares outstanding
     13,211,642       —    
  
 
 
   
 
 
 
Basic and diluted net loss per share
   $ 0.00     $ —    
  
 
 
   
 
 
 
Non-Redeemable
Common Stock
    
Numerator: Net Loss minus Net Earnings
    
Net loss
   $ (29,854,803   $ (348
Net loss allocable to Common stock subject to possible redemption
     —         —    
  
 
 
   
 
 
 
Non-Redeemable
Net Loss
   $ (29,854,803   $ (348
  
 
 
   
 
 
 
Denominator: Weighted Average
Non-Redeemable
Common Stock
    
Basic and diluted weighted average shares outstanding
     5,094,825       3,750,000  
  
 
 
   
 
 
 
Basic and diluted net loss per share
   $ (5.86   $ (0.00