Report of foreign issuer [Rules 13a-16 and 15d-16]

INTERIM CONSOLIDATED BALANCE SHEETS (UNAUDITED)

v3.25.3
INTERIM CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
CURRENT ASSETS:    
Cash and cash equivalents $ 7,886 $ 25,365
Short-term restricted cash 16 16
Bank deposits 57,120 30,628
Marketable securities 9,372 11,955
Trade receivables, net 19,811 6,043
Inventory 2,968 1,905
Prepaid expenses and other current assets 5,018 6,707
Total current assets 102,191 82,619
LONG-TERM ASSETS:    
Restricted deposits 3,106 2,725
Property and equipment, net 19,892 23,432
Operating lease right-of-use assets, net 25,785 23,194
Other long-term assets 89 79
Total long-term assets 48,872 49,430
Total assets 151,063 132,049
CURRENT LIABILITIES:    
Trade payables 9,232 8,813
Deferred revenues 2,136 274
Employees and payroll accruals 9,661 8,722
Accrued expenses and other current liabilities 5,326 5,631
Operating lease liabilities 5,745 4,330
Total current liabilities 32,100 27,770
LONG-TERM LIABILITIES:    
Operating lease liabilities 29,253 25,264
Warrants liability 43 86
Total long-term liabilities 29,296 25,350
SHAREHOLDERS' EQUITY:    
Ordinary shares of no-par value: Authorized: 500,000,000 shares as of September 30, 2025 and December 31, 2024; Issued and outstanding: 208,542,156 and 169,397,030 shares as of September 30, 2025 and December 31, 2024, respectively 0 0
Additional paid-in capital 866,252 808,974
Accumulated deficit (776,585) (730,045)
Total shareholders' equity 89,667 78,929
Total liabilities and shareholders' equity $ 151,063 $ 132,049