Annual and transition report of foreign private issuers [Sections 13 or 15(d)]

CONSOLIDATED STATEMENTS OF OPERATIONS

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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Income Statement [Abstract]      
Revenues $ 55,089 $ 24,268 $ 20,876
Cost of revenues (42,184) (25,429) (32,490)
Gross profit (loss) 12,905 (1,161) (11,614)
Operating expenses:      
Research and development 56,478 73,817 92,676
Sales and marketing 5,751 7,474 8,777
General and administrative 18,409 19,466 19,535
Total operating expenses 80,638 100,757 120,988
Operating loss (67,733) (101,918) (132,602)
Financial income, net 109 7,328 9,790
Loss before taxes on income (67,624) (94,590) (122,812)
Taxes on income (171) (167) (642)
Net loss $ (67,795) $ (94,757) $ (123,454)
Basic net loss per ordinary share $ (0.34) $ (0.57) $ (0.84)
Diluted net loss per ordinary share $ (0.34) $ (0.57) $ (0.84)
Weighted average number of ordinary shares used in computing basic net loss per ordinary share 199,895,238 167,216,070 147,480,521
Weighted average number of ordinary shares used in computing diluted net loss per ordinary share 199,895,238 167,216,070 147,480,521