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

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY

v3.25.4
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Ordinary Shares [Member]
Additional Paid-in Capital [Member]
Accumulated Deficit [Member]
Total
Beginning balance at Dec. 31, 2022 $ 0 $ 703,851 $ (511,834) $ 192,017
Beginning balance (Shares) at Dec. 31, 2022 136,185,264      
Issuance of ordinary shares, net of issuance costs $ 0 61,400 0 61,400
Issuance of ordinary shares, net of issuance costs (Shares) 26,352,878      
Reclassification of warrants liability to equity $ 0 8 0 8
Exercise of shares options $ 0 456 0 456
Exercise of shares options (Shares) 631,970      
Vesting of RSUs $ 0 0 0 0
Vesting of RSUs (shares) 2,216,986      
Share-based compensation $ 0 22,862 0 22,862
Net Loss 0 0 (123,454) (123,454)
Ending balance at Dec. 31, 2023 $ 0 788,577 (635,288) 153,289
Ending balance (Shares) at Dec. 31, 2023 165,387,098      
Exercise of shares options $ 0 265 0 265
Exercise of shares options (Shares) 595,395      
Vesting of RSUs $ 0 0 0 0
Vesting of RSUs (shares) 3,414,537      
Share-based compensation $ 0 20,132 0 20,132
Net Loss 0 0 (94,757) (94,757)
Ending balance at Dec. 31, 2024 $ 0 808,974 (730,045) 78,929
Ending balance (Shares) at Dec. 31, 2024 169,397,030      
Issuance of ordinary shares and warrants, net of issuance costs $ 0 37,289 0 37,289
Issuance of ordinary shares and warrants, net of issuance costs (shares) 28,776,978      
Issuance of ordinary shares, net of issuance costs $ 0 13,272 0 13,272
Issuance of ordinary shares, net of issuance costs (Shares) 9,252,639      
Reclassification of warrants liability to equity $ 0 4 0 4
Exercise of shares options $ 0 796 0 $ 796
Exercise of shares options (Shares) 1,094,849     1,094,849
Vesting of RSUs $ 0 0 0 $ 0
Vesting of RSUs (shares) 5,569,484      
Share-based compensation $ 0 15,223 0 15,223
Net Loss 0 0 (67,795) (67,795)
Ending balance at Dec. 31, 2025 $ 0 $ 875,558 $ (797,840) $ 77,718
Ending balance (Shares) at Dec. 31, 2025 214,090,980