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

SEGMENT INFORMATION (Tables)

v3.26.1
SEGMENT INFORMATION (Tables)
3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Summary of segment information
   

Three Months Ended

March 31,

 

    2026     2025  
Revenues from external customers   $ 7,133     $ 17,390  
Less:                
Cost of revenues     8,716       10,408  
Research and development expenses     16,757       14,830  
Sales and marketing expenses     2,275       1,721  
General and administrative expenses     5,857       4,455  
Financial income, net     (308 )     (1,416 )
Taxes on income     35       34  
                 
Segment loss   $ 26,199     $ 12,642  
                 
Other segment disclosures:                
   Depreciation and amortization expenses   $ 1,327     $ 1,377  
Share-based compensation expenses   $ 3,712     $ 4,754  
Interest income   $ 642     $ 807  
Expenditures for segment assets   $ 1,356     $ 1,915  
    March 31,     December 31,  
    2026     2025
Assets:                
Segment assets   $ 122,170     $ 138,452  
Summary of revenues by geographic areas
   

Three Months Ended  

March 31, 

 
    2026     2025  
Europe, Middle East and Africa (*)   $ 3,849     $ 16,641  
North America (**)     2,324       467  
Israel     936       234  
Asia Pacific     24       48  
                 
    $ 7,133     $ 17,390  

 

(*) Includes revenues from Germany in the amount of $3,812 and $16,641 for the three months ended March 31, 2026 and 2025, respectively.

 

(**) Includes revenues from United States in the amount of $2,324 and $449 for the three months ended March 31, 2026 and 2025, respectively.