| SEGMENT INFORMATION |
| NOTE 9:- |
SEGMENT INFORMATION
|
| |
|
| |
|
Nine Months Ended
September 30,
|
|
| |
|
2025
|
|
|
2024
|
|
|
Revenues from external customers
|
|
$
|
42,415
|
|
|
$
|
18,241
|
|
|
Less:
|
|
|
|
|
|
|
|
|
|
Cost of revenues
|
|
|
31,575
|
|
|
|
19,941
|
|
|
Research and development expenses
|
|
|
40,354
|
|
|
|
60,328
|
|
|
Sales and marketing expenses
|
|
|
4,183
|
|
|
|
5,752
|
|
|
General and administrative expenses
|
|
|
13,109
|
|
|
|
14,889
|
|
|
Financial income, net
|
|
|
(385
|
)
|
|
|
(6,637
|
)
|
|
Taxes on income
|
|
|
119
|
|
|
|
129
|
|
| |
|
|
|
|
|
|
|
|
|
Segment loss
|
|
$
|
46,540
|
|
|
$
|
76,161
|
|
| |
|
|
|
|
|
|
|
|
|
Other segment disclosures:
|
|
|
|
|
|
|
|
|
|
Depreciation and amortization expenses
|
|
$
|
4,076
|
|
|
$
|
6,194
|
|
|
Share-based compensation expenses
|
|
$
|
11,850
|
|
|
$
|
15,866
|
|
|
Interest income
|
|
$
|
2,625
|
|
|
$
|
4,326
|
|
|
Expenditures for segment assets
|
|
$
|
3,210
|
|
|
$
|
3,221
|
|
| |
|
September 30,
|
|
|
December 31,
|
|
| |
|
2025
|
|
|
2024
|
|
|
Assets:
|
|
|
|
|
|
|
|
Segment assets
|
|
$
|
151,063
|
|
|
$
|
132,049
|
|
| |
b. |
Geographic information:
|
Following is a summary of revenues by geographic areas. Revenues attributed to geographic areas, based on the location where the customers accept delivery of the products and services:
| |
|
Nine Months Ended
September 30,
|
|
| |
|
2025
|
|
|
2024
|
|
| |
|
|
|
|
|
|
|
Europe, Middle East and Africa (*)
|
|
$
|
37,203
|
|
|
$
|
16,229
|
|
|
Americas (**)
|
|
|
3,730
|
|
|
|
916
|
|
|
Israel
|
|
|
1,399
|
|
|
|
969
|
|
|
Asia Pacific
|
|
|
83
|
|
|
|
127
|
|
| |
|
|
|
|
|
|
|
|
| |
|
$
|
42,415
|
|
|
$
|
18,241
|
|
| |
(*) |
Includes revenues from Germany only.
|
| |
|
|
| |
(**) |
Includes revenues from United States in the amount of $3,712 and $916 for the nine months ended September 30, 2025 and 2024, respectively.
|
| |
c. |
Concentration of credit risk from major customers:
As of September 30, 2025, Customer A and Customer B accounted for approximately 82% and 16% of the Company’s trade receivables.
As of December 31, 2024, Customer A and Customer C accounted for approximately 73% and 23% of the Company’s trade receivables, respectively.
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|