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

BASIC AND DILUTED NET LOSS PER SHARE

v3.25.4
BASIC AND DILUTED NET LOSS PER SHARE
12 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
BASIC AND DILUTED NET LOSS PER SHARE
NOTE 14: -
BASIC AND DILUTED NET LOSS PER SHARE
 
The following table sets forth the computation of the net loss per share for the period presented:
 
   
Year ended December 31,
 
   
2025
   
2024
   
2023
 
                   
Numerator:
                 
Net loss
 
$
(67,795
)
 
$
(94,757
)
 
$
(123,454
)
                         
Denominator:
                       
     
199,895,238
     
167,216,070
     
147,480,521
 
 
The following potential ordinary shares have been excluded from the calculation of diluted net loss per share for the period presented due to their anti-dilutive effect:
 
  a.
39,252,723 warrants, 34,970,132 outstanding options to purchase ordinary shares and unvested RSUs and PSUs as of December 31, 2025.
 
  b.
16,231,141 warrants, 2,402,178 sponsors earnout shares, 27,716,610 outstanding options to purchase ordinary shares and unvested RSUs as of December 31, 2024.
 
  c.
16,231,141 warrants, 2,402,178 sponsors earnout shares, 25,029,324 outstanding options to purchase ordinary shares and unvested RSUs as of December 31, 2023.