Kornit Digital Ltd(NASDAQ:KRNT)

Kornit Digital Ltd. develops, designs, and markets digital printing solutions for the fashion, apparel, and home decor segments of printed textile industry worldwide. The company's solutions include digital printing systems, ink and other consumables, associated software, and value-added services. I...
Website: http://www.kornit.com
Founded: 2002
Full Time Employees: 547
Sector: Industrials
Industry: Specialty Industrial Machinery
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Quarterly
Annual
| Unit: USD | 2025-11-05 | 2025-08-06 | 2025-05-14 | 2025-02-12 | 2024-12-31 | 2024-11-06 | 2024-08-07 | 2024-05-08 | 2024-02-14 | 2023-12-31 | 2023-11-08 | 2023-08-09 | 2023-05-10 | 2023-02-15 | 2022-12-31 | 2022-11-09 | 2022-08-10 | 2022-06-30 | 2022-05-11 | 2022-02-15 | 2021-12-31 | 2021-11-10 | 2021-09-30 | 2021-08-10 | 2021-05-11 | 2021-02-16 | 2020-12-31 | 2020-11-10 | 2020-08-11 | 2020-06-30 | 2020-05-19 | 2020-02-11 | 2019-12-31 | 2019-11-18 | 2019-08-06 | 2019-05-13 | 2019-02-12 | 2018-12-31 | 2018-11-13 | 2018-09-21 | 2018-08-06 | 2018-05-08 | 2018-02-14 | 2017-12-31 | 2017-11-07 | 2017-09-05 | 2017-08-07 | 2017-05-09 | 2017-02-15 | 2017-01-03 | 2016-12-31 | 2016-11-09 | 2016-08-03 | 2016-05-04 | 2016-02-10 | 2015-12-31 | 2015-11-05 | 2015-08-04 | 2015-05-06 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenues | 21,034,500 | 28,447,000 | 55,691,000 | 28,589,000 | 27,102,000 | 31,987,000 | 76,707,000 | 31,987,000 | 30,920,000 | 23,952,000 | 21,835,000 | 25,498,000 | 25,328,000 | 22,201,000 | 21,266,000 | 17,610,000 | |||||||||||||||||||||||||||||||||||||||||||
products | 38,134,000 | 38,413,000 | 33,865,000 | 47,711,000 | 25,093,750 | 36,996,000 | 34,366,000 | 29,013,000 | 43,573,000 | 29,368,000 | 45,486,000 | 40,083,000 | 31,903,000 | 49,795,000 | 43,176,750 | 52,627,000 | 47,566,000 | 120,080,000 | 72,514,000 | 75,955,000 | 75,955,000 | 76,560,000 | 206,682,000 | 72,176,000 | 57,946,000 | 61,382,000 | 61,382,000 | 49,290,000 | 31,859,000 | 54,246,000 | 22,387,000 | 42,247,000 | 46,032,000 | 40,696,000 | 37,859,000 | 32,007,000 | 33,522,000 | 33,522,000 | 33,357,000 | 58,850,000 | 32,092,000 | 26,758,000 | 26,219,000 | ||||||||||||||||
services | 15,000,000 | 11,341,000 | 12,592,000 | 12,985,000 | 10,688,500 | 13,736,000 | 14,255,000 | 14,763,000 | 13,012,000 | 11,432,250 | 13,738,000 | 16,116,000 | 15,875,000 | 13,503,000 | 8,878,250 | 14,164,000 | 10,570,000 | 21,349,000 | 10,779,000 | 11,593,000 | 11,593,000 | 10,109,000 | 27,776,000 | 9,490,000 | 8,177,000 | 10,909,000 | 10,909,000 | 8,102,000 | 5,577,000 | 9,402,000 | 3,825,000 | 6,403,000 | 7,203,000 | 3,884,000 | 6,031,000 | 6,154,000 | 4,264,000 | 4,264,000 | 4,234,000 | 8,146,000 | 3,784,000 | 4,362,000 | 3,731,000 | ||||||||||||||||
total revenues | 53,134,000 | 49,754,000 | 46,457,000 | 60,696,000 | 35,782,250 | 50,732,000 | 48,621,000 | 43,776,000 | 56,585,000 | 40,800,250 | 59,224,000 | 56,199,000 | 47,778,000 | 63,298,000 | 52,055,000 | 66,791,000 | 58,136,000 | 141,429,000 | 83,293,000 | 87,548,000 | 87,548,000 | 86,669,000 | 234,458,000 | 81,666,000 | 66,123,000 | 72,291,000 | 72,291,000 | 57,392,000 | 37,436,000 | 63,648,000 | 26,212,000 | 48,650,000 | 53,235,000 | 44,580,000 | 43,890,000 | 38,161,000 | 37,786,000 | 37,786,000 | 37,591,000 | 66,996,000 | 35,876,000 | 31,120,000 | 29,950,000 | ||||||||||||||||
yoy | 48.49% | -1.93% | -4.45% | 38.65% | -36.76% | 24.34% | -17.90% | -22.11% | 18.43% | -35.54% | 13.77% | -15.86% | -17.82% | -55.24% | -37.50% | -23.71% | -33.60% | 63.18% | -64.47% | 7.20% | 32.40% | 19.89% | 224.33% | 42.30% | 76.63% | 13.58% | 175.79% | 17.97% | -29.68% | 42.77% | -40.28% | 27.49% | 40.89% | 17.98% | 16.76% | -43.04% | 5.32% | 21.42% | 25.51% | ||||||||||||||||||||
qoq | 6.79% | 7.10% | -23.46% | 69.63% | -29.47% | 4.34% | 11.07% | -22.64% | 38.69% | -31.11% | 5.38% | 17.63% | -24.52% | 21.60% | -22.06% | 14.89% | -58.89% | 69.80% | -4.86% | 0.00% | 1.01% | -63.03% | 187.09% | 23.51% | -8.53% | 0.00% | 25.96% | 53.31% | -41.18% | 142.82% | -46.12% | -8.61% | 19.41% | 1.57% | 15.01% | 0.99% | 0.00% | 0.52% | -43.89% | 86.74% | 15.28% | 3.91% | |||||||||||||||||
cost of revenues | 11,120,500 | 13,851,000 | 30,631,000 | 15,424,000 | 15,207,000 | 18,360,000 | 40,924,000 | 18,360,000 | 17,299,000 | 12,260,000 | 11,365,000 | 13,443,000 | 13,273,000 | 11,624,000 | 11,251,000 | 9,672,000 | |||||||||||||||||||||||||||||||||||||||||||
total cost of revenues | 30,045,000 | 29,010,000 | 26,657,000 | 29,567,000 | 20,624,000 | 26,522,000 | 26,337,000 | 29,637,000 | 42,013,000 | 27,704,000 | 38,604,000 | 37,506,000 | 34,706,000 | 41,949,000 | 33,267,250 | 45,358,000 | 37,604,000 | 87,495,000 | 49,891,000 | 45,161,000 | 45,161,000 | 46,137,000 | 124,934,000 | 43,084,000 | 35,713,000 | 35,347,000 | 35,347,000 | 30,361,000 | 21,638,000 | 39,822,000 | 18,184,000 | 24,616,000 | 24,616,000 | 25,074,000 | 25,237,000 | 22,863,000 | 19,659,000 | 19,659,000 | 18,666,000 | 34,179,000 | 18,448,000 | 15,731,000 | 15,495,000 | ||||||||||||||||
gross profit | 23,089,000 | 20,744,000 | 19,800,000 | 31,129,000 | 15,158,250 | 24,210,000 | 22,284,000 | 14,139,000 | 14,572,000 | 13,096,250 | 20,620,000 | 18,693,000 | 13,072,000 | 21,349,000 | 18,787,750 | 21,433,000 | 20,532,000 | 53,934,000 | 33,402,000 | 42,387,000 | 42,387,000 | 40,532,000 | 109,524,000 | 38,582,000 | 30,410,000 | 36,944,000 | 36,944,000 | 27,031,000 | 15,798,000 | 23,826,000 | 8,028,000 | 24,034,000 | 28,619,000 | 19,506,000 | 18,653,000 | 15,298,000 | 18,127,000 | 18,127,000 | 18,925,000 | 32,817,000 | 17,428,000 | 15,389,000 | 14,455,000 | 14,455,000 | 14,596,000 | 25,060,000 | 13,165,000 | 11,895,000 | 13,627,000 | 35,783,000 | 13,627,000 | 13,621,000 | 11,692,000 | 10,470,000 | 12,055,000 | 12,055,000 | 10,577,000 | 10,015,000 | 7,938,000 |
yoy | 52.32% | -14.32% | -11.15% | 120.16% | 4.02% | 84.86% | 8.07% | -24.36% | 11.47% | -38.66% | 9.75% | -12.78% | -36.33% | -60.42% | -43.75% | -49.43% | -51.56% | 33.07% | -69.50% | 9.86% | 39.39% | 9.71% | 196.46% | 42.73% | 92.49% | 55.06% | 360.19% | 12.47% | -44.80% | 22.15% | -56.96% | 57.11% | 57.88% | 7.61% | -1.44% | -53.38% | 4.01% | 17.79% | 30.92% | 127.03% | 19.40% | -38.59% | 9.80% | 21.52% | 7.11% | -29.97% | -3.39% | -12.67% | 16.55% | 241.77% | 13.04% | 12.99% | 10.54% | 4.54% | 51.86% | ||||
qoq | 11.30% | 4.77% | -36.39% | 105.36% | -37.39% | 8.64% | 57.61% | -2.97% | 11.27% | -36.49% | 10.31% | 43.00% | -38.77% | 13.63% | -12.34% | 4.39% | -61.93% | 61.47% | -21.20% | 0.00% | 4.58% | -62.99% | 183.87% | 26.87% | -17.69% | 0.00% | 36.67% | 71.10% | -33.69% | 196.79% | -66.60% | -16.02% | 46.72% | 4.57% | 21.93% | -15.61% | 0.00% | -4.22% | -42.33% | 88.30% | 13.25% | 6.46% | 0.00% | -0.97% | -41.76% | 90.35% | 10.68% | -12.71% | -61.92% | 162.59% | 0.04% | 16.50% | 11.67% | -13.15% | 0.00% | 13.97% | 5.61% | 26.17% | |
gross margin % | 43.45% | 41.69% | 42.62% | 51.29% | 42.36% | 47.72% | 45.83% | 32.30% | 25.75% | 32.10% | 34.82% | 33.26% | 27.36% | 33.73% | 36.09% | 32.09% | 35.32% | 38.14% | 40.10% | 48.42% | 48.42% | 46.77% | 46.71% | 47.24% | 45.99% | 51.10% | 51.10% | 47.10% | 42.20% | 37.43% | 30.63% | 49.40% | 53.76% | 43.76% | 42.50% | 40.09% | 47.97% | 47.97% | 50.34% | 48.98% | 48.58% | 49.45% | 48.26% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% |
operating expenses: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
research and development | 9,013,000 | 9,143,000 | 9,278,000 | 9,781,000 | -31,791,690 | 9,973,000 | 10,472,000 | 11,352,000 | 12,033,000 | -38,021,241 | 12,038,000 | 12,907,000 | 13,082,000 | 13,251,000 | -42,769,688 | 14,684,000 | 14,081,000 | 28,091,000 | 14,010,000 | 12,993,000 | 12,993,000 | 11,493,000 | 30,736,000 | 9,799,000 | 9,444,000 | 9,251,000 | 9,251,000 | 8,689,000 | 7,041,000 | 13,524,000 | 6,483,000 | 6,021,000 | 6,021,000 | 5,610,000 | 5,309,000 | 5,467,000 | 6,231,000 | 6,231,000 | 5,092,000 | 10,589,000 | 5,317,000 | 5,272,000 | 5,647,000 | 9,342,000 | 4,562,000 | 4,780,000 | 5,090,000 | 12,293,000 | 5,090,000 | 4,397,000 | 4,141,000 | 3,755,000 | 3,377,000 | 3,377,000 | 3,067,000 | 2,655,000 | 2,851,000 | ||
sales and marketing | 14,221,000 | 14,993,000 | 14,949,000 | 15,200,000 | -43,206,772 | 14,441,000 | 14,976,000 | 13,796,000 | 17,909,000 | -48,920,311 | 15,586,000 | 18,158,000 | 15,183,000 | 16,150,000 | -54,909,639 | 17,502,000 | 21,100,000 | 16,531,000 | 18,036,000 | 18,036,000 | 15,837,000 | 40,716,000 | 13,830,000 | 11,049,000 | |||||||||||||||||||||||||||||||||||
general and administrative | 7,907,000 | 7,474,000 | 7,644,000 | 7,358,000 | -21,721,503 | 6,919,000 | 7,532,000 | 7,277,000 | 12,449,000 | -25,136,973 | 7,654,000 | 8,541,000 | 8,948,000 | 8,657,000 | -30,625,885 | 10,616,000 | 10,250,000 | 20,016,000 | 9,766,000 | 11,665,000 | 11,665,000 | 9,283,000 | 24,972,000 | 8,881,000 | 6,808,000 | 7,704,000 | 7,704,000 | 7,093,000 | 5,794,000 | 11,864,000 | 6,070,000 | 5,454,000 | 5,454,000 | 4,688,000 | 4,313,000 | 4,043,000 | 4,179,000 | 4,179,000 | 4,203,000 | 8,054,000 | 4,026,000 | 4,028,000 | 4,033,000 | 4,033,000 | 3,407,000 | 6,138,000 | 3,301,000 | 2,837,000 | 2,980,000 | 9,279,000 | 2,980,000 | 3,751,000 | 3,106,000 | 2,422,000 | 2,287,000 | 2,287,000 | 2,028,000 | 3,030,000 | 2,155,000 |
total operating expenses | 31,141,000 | 31,610,000 | 31,871,000 | 32,339,000 | 24,184,500 | 31,333,000 | 32,980,000 | 32,425,000 | 42,391,000 | 28,024,250 | 35,278,000 | 39,606,000 | 37,213,000 | 38,058,000 | 32,081,000 | 42,802,000 | 45,431,000 | 85,738,000 | 40,307,000 | 42,694,000 | 96,424,000 | 32,510,000 | 27,301,000 | 27,985,000 | 27,985,000 | 24,369,000 | 21,126,000 | 42,176,000 | 31,110,000 | 15,813,000 | 15,297,000 | 14,997,000 | 26,402,000 | 13,175,000 | 12,823,000 | 35,157,000 | 12,823,000 | 12,961,000 | 11,567,000 | 10,629,000 | 9,856,000 | 9,856,000 | 8,359,000 | 8,941,000 | 7,661,000 | ||||||||||||||
operating income | -8,052,000 | -10,866,000 | -12,071,000 | -1,210,000 | -9,026,250 | -7,123,000 | -10,696,000 | -18,286,000 | -27,819,000 | -14,928,000 | -14,658,000 | -20,913,000 | -24,141,000 | -16,709,000 | -13,293,250 | -21,369,000 | -24,899,000 | -31,804,000 | -6,905,000 | -307,000 | -307,000 | 3,919,000 | 13,100,000 | 6,072,000 | 3,109,000 | 8,959,000 | 8,959,000 | 2,662,000 | -5,328,000 | -18,350,000 | -13,022,000 | 3,308,000 | 7,893,000 | 1,359,000 | -174,000 | -1,480,000 | 840,000 | 840,000 | 3,057,000 | 1,707,000 | 1,615,000 | 92,000 | -542,000 | -542,000 | -199,000 | -1,342,000 | -62,000 | -1,280,000 | 804,000 | 626,000 | 804,000 | 660,000 | 125,000 | -159,000 | 2,199,000 | 2,199,000 | 2,218,000 | 1,074,000 | 277,000 |
yoy | -10.79% | 52.55% | 12.86% | -93.38% | -67.55% | -52.28% | -27.03% | -12.56% | 15.24% | -10.66% | 10.27% | -2.13% | -3.04% | -47.46% | 92.52% | 6860.59% | 8010.42% | -911.53% | -152.71% | -105.06% | -109.87% | -56.26% | 46.22% | 128.10% | -158.35% | -148.82% | -168.80% | -19.53% | -167.50% | -1450.26% | 7383.91% | -323.51% | 839.64% | 61.79% | -105.69% | -186.70% | -47.99% | 813.04% | -664.02% | -414.94% | -911.56% | -106.86% | 774.19% | -57.66% | -124.75% | -314.38% | -107.71% | -293.94% | 543.20% | -493.71% | -63.44% | -69.99% | -94.36% | -114.80% | 693.86% | ||||
qoq | -25.90% | -9.98% | 897.60% | -86.59% | 26.72% | -33.41% | -41.51% | -34.27% | 86.35% | 1.84% | -29.91% | -13.37% | 44.48% | 25.70% | -37.79% | -14.18% | -21.71% | 360.59% | 2149.19% | 0.00% | -107.83% | -70.08% | 115.74% | 95.30% | -65.30% | 0.00% | 236.55% | -149.96% | -70.96% | 40.92% | -493.65% | -58.09% | 480.79% | -881.03% | -88.24% | -276.19% | 0.00% | -72.52% | 79.09% | 5.70% | 1655.43% | -116.97% | 0.00% | 172.36% | -85.17% | 2064.52% | -95.16% | -259.20% | 28.43% | -22.14% | 21.82% | 428.00% | -178.62% | -107.23% | 0.00% | -0.86% | 106.52% | 287.73% | |
operating margin % | -15.15% | -21.84% | -25.98% | -1.99% | -25.23% | -14.04% | -22.00% | -41.77% | -49.16% | -36.59% | -24.75% | -37.21% | -50.53% | -26.40% | -25.54% | -31.99% | -42.83% | -22.49% | -8.29% | -0.35% | -0.35% | 4.52% | 5.59% | 7.44% | 4.70% | 12.39% | 12.39% | 4.64% | -14.23% | -28.83% | -49.68% | 6.80% | 14.83% | 3.05% | -0.40% | -3.88% | 2.22% | 2.22% | 8.13% | 2.55% | 4.50% | 0.30% | -1.81% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | -Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% |
financial income | 5,540,000 | 3,465,000 | 7,383,000 | 3,849,000 | 4,625,250 | 6,720,000 | 6,435,000 | 5,346,000 | 5,424,000 | 4,681,500 | 6,304,000 | 7,018,000 | 5,404,000 | 2,082,500 | 2,207,000 | 4,324,000 | 1,799,000 | 658,750 | 219,000 | 351,000 | 2,065,000 | 1,106,750 | 1,630,000 | 592,000 | 2,205,000 | 2,186,000 | 2,186,000 | 582,000 | 549,000 | 341,000 | 273,000 | 264,000 | 295,000 | -257,000 | |||||||||||||||||||||||||
loss before taxes on income | -2,512,000 | -7,401,000 | -4,688,000 | -4,401,000 | -403,000 | -4,261,000 | -12,940,000 | -22,395,000 | -10,246,500 | -8,354,000 | -13,895,000 | -18,737,000 | -1,576,000 | ||||||||||||||||||||||||||||||||||||||||||||||
taxes on income | 80,000 | 117,000 | 371,000 | 423,000 | 353,000 | 505,000 | 648,000 | 259,000 | 539,000 | 107,750 | -193,000 | 430,000 | 194,000 | 23,703,000 | -284,500 | -130,000 | -1,099,000 | -1,008,000 | 91,000 | -1,297,000 | -1,297,000 | 266,000 | 1,162,000 | 821,000 | 75,000 | 2,129,000 | 2,129,000 | 350,000 | -164,000 | -927,000 | -763,000 | 738,000 | 738,000 | -14,000 | -85,000 | 105,000 | -5,796,000 | -5,796,000 | 208,000 | 196,000 | 136,000 | 60,000 | -19,000 | -19,000 | 130,000 | 273,000 | 112,000 | 161,000 | -63,000 | 711,000 | -63,000 | 296,000 | 234,000 | 181,000 | -30,000 | -30,000 | 354,000 | 164,000 | 221,000 |
net income | -2,592,000 | -7,518,000 | -5,059,000 | 2,216,000 | 18,999,200 | -908,000 | -4,909,000 | -13,199,000 | -22,934,000 | 41,352,649 | -8,161,000 | -14,325,000 | -18,931,000 | -35,360,000 | 43,625,935 | -19,032,000 | -19,476,000 | -24,673,000 | -5,197,000 | 954,000 | 954,000 | 3,872,000 | 14,573,000 | 5,602,000 | 5,099,000 | 5,901,000 | 5,901,000 | 3,942,000 | -4,572,000 | -14,626,000 | -10,054,000 | 4,756,000 | 9,341,000 | 1,955,000 | 460,000 | -1,589,000 | 6,977,000 | 6,977,000 | 3,113,000 | 2,339,000 | 1,774,000 | 565,000 | -369,000 | -369,000 | -124,000 | -1,522,000 | 215,000 | -1,737,000 | 820,000 | 8,000 | 820,000 | 361,000 | -127,000 | -226,000 | 2,065,000 | 2,065,000 | 2,143,000 | 718,000 | -201,000 |
yoy | -113.64% | 727.97% | 3.06% | -116.79% | -182.84% | -102.20% | -39.85% | -7.86% | 21.15% | -216.95% | -118.71% | -24.73% | -2.80% | 43.31% | -939.44% | -2094.97% | -2141.51% | -737.22% | -135.66% | -82.97% | -81.29% | -34.38% | 146.96% | 42.11% | -211.53% | -140.35% | -158.69% | -17.12% | -148.95% | -848.13% | -2285.65% | -399.31% | 33.88% | -71.98% | -85.22% | -167.94% | 293.29% | 1134.87% | -943.63% | -733.88% | -1530.65% | -137.12% | -271.63% | -78.76% | -115.12% | -19125.00% | -73.78% | -581.16% | -745.67% | -103.54% | -60.29% | -82.52% | -105.93% | -131.48% | -1127.36% | ||||
qoq | -65.52% | 48.61% | -328.29% | -88.34% | -2192.42% | -81.50% | -62.81% | -42.45% | -155.46% | -606.71% | -43.03% | -24.33% | -46.46% | -181.05% | -329.22% | -2.28% | -21.06% | 374.75% | -644.76% | 0.00% | -75.36% | -73.43% | 160.14% | 9.86% | -13.59% | 0.00% | 49.70% | -186.22% | -68.74% | 45.47% | -311.40% | -49.08% | 377.80% | 325.00% | -128.95% | -122.77% | 0.00% | 124.12% | 33.09% | 31.85% | 213.98% | -253.12% | 0.00% | 197.58% | -91.85% | -807.91% | -112.38% | -311.83% | 10150.00% | -99.02% | 127.15% | -384.25% | -43.81% | -110.94% | 0.00% | -3.64% | 198.47% | -457.21% | |
net income margin % | -4.88% | -15.11% | -10.89% | 3.65% | 53.10% | -1.79% | -10.10% | -30.15% | -40.53% | 101.35% | -13.78% | -25.49% | -39.62% | -55.86% | 83.81% | -28.49% | -33.50% | -17.45% | -6.24% | 1.09% | 1.09% | 4.47% | 6.22% | 6.86% | 7.71% | 8.16% | 8.16% | 6.87% | -12.21% | -22.98% | -38.36% | 9.78% | 17.55% | 4.39% | 1.05% | -4.16% | 18.46% | 18.46% | 8.28% | 3.49% | 4.94% | 1.82% | -1.23% | -Infinity% | -Infinity% | -Infinity% | Infinity% | -Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | -Infinity% | -Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | -Infinity% |
basic loss per share | -0.06 | -0.17 | -0.11 | -0.1 | -0.02 | -0.1 | -0.28 | -0.48 | -0.21 | -0.17 | -0.29 | -0.38 | |||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of shares used in computing basic net loss per share | 44,908,580 | 45,164,493 | 47,604,224 | 47,535,212 | 47,611,456 | 48,231,916 | 48,968,244 | 49,554,383 | 49,887,982 | ||||||||||||||||||||||||||||||||||||||||||||||||||
diluted loss per share | -0.06 | -0.17 | -0.11 | -0.1 | -0.02 | -0.1 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of shares used in computing diluted net loss per share | 44,908,580 | 45,164,493 | 47,604,224 | 47,535,212 | 47,611,456 | 48,231,916 | 48,968,244 | 49,554,383 | 49,887,982 | ||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
used in computing basic net loss per share | 45,801,003 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
used in computing diluted net loss per share | 45,801,003 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before taxes on income | 2,639,000 | -11,657,000 | -20,575,000 | -25,681,000 | -5,106,000 | -343,000 | -343,000 | 4,138,000 | 15,735,000 | 6,423,000 | 5,174,000 | 8,030,000 | 8,030,000 | 4,292,000 | -4,736,000 | -15,553,000 | -10,817,000 | 5,494,000 | 10,079,000 | 1,941,000 | 375,000 | -1,484,000 | 1,181,000 | 1,181,000 | 3,321,000 | 1,910,000 | 625,000 | -388,000 | -388,000 | 6,000 | -1,249,000 | 327,000 | 757,000 | 719,000 | 757,000 | 657,000 | 107,000 | 2,035,000 | 2,035,000 | 2,497,000 | 882,000 | 20,000 | |||||||||||||||||
basic income per share | 0.05 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of shares used in computing basic net income per share | 47,180,390 | 49,913,898 | 47,778,868 | 46,361,164 | 40,762,688 | 40,655,404 | 34,956,121 | 34,513,629 | 34,321,995 | 34,269,217 | 34,883,772 | 30,183,089 | 29,779,017 | 29,766,965 | |||||||||||||||||||||||||||||||||||||||||||||
diluted income per share | 0.05 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of shares used in computing diluted net income per share | 48,222,449 | 49,913,898 | 49,756,990 | 49,658,028 | 48,926,240 | 48,116,716 | 40,762,688 | 42,210,359 | 35,986,581 | 35,673,298 | 35,047,817 | 34,729,450 | 34,883,772 | 31,850,639 | 31,795,707 | 30,474,543 | 31,723,327 | 31,743,307 | 31,778,725 | ||||||||||||||||||||||||||||||||||||||||
diluted net loss per share | -0.28 | -0.48 | -0.21 | -0.17 | -0.29 | -0.38 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
financial income (expenses) | 5,052,000 | -36,000 | -929,000 | -4,000 | 533,000 | 154,000 | 74,500 | 205,000 | 389,000 | -296,000 | -47,000 | 23,250 | -3,000 | -18,000 | 114,000 | -164,000 | -42,500 | 279,000 | |||||||||||||||||||||||||||||||||||||||||
basic net income per share | -0.71 | -0.22 | -0.38 | -0.39 | -0.1 | 0.02 | 0.08 | 0.08 | -0.25 | 0.12 | 0.005 | 0.05 | 0.01 | -0.05 | 0.2 | 0.04 | 0.09 | 0.05 | 0.02 | -0.01 | -0.013 | 0.01 | 0.03 | 0.01 | 0.07 | 0.03 | 0.07 | 0.02 | |||||||||||||||||||||||||||||||
diluted net income per share | -0.71 | -0.22 | -0.38 | -0.39 | -0.1 | 0.02 | 0.075 | 0.08 | -0.25 | 0.11 | 0.005 | 0.05 | 0.01 | -0.05 | 0.19 | 0.04 | 0.09 | 0.05 | 0.02 | -0.01 | -0.013 | 0.01 | 0.03 | 0.01 | 0.07 | 0.028 | 0.07 | 0.02 | |||||||||||||||||||||||||||||||
income | -11,210,750 | -19,162,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted average number of shares used in computing basic net income per share | 49,834,417 | 40,471,832 | 35,127,377 | 34,064,165 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted average number of shares used in computing diluted net income per share | 49,834,417 | 42,159,655 | 35,127,377 | 34,064,165 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of shares used in computing basic net income per share | 49,756,990 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating expenses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
seles and marketing | 37,631,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
finance income | 6,123,000 | 2,635,000 | 2,797,000 | 828,000 | 93,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic earnings per share | -0.5 | 0.12 | 0.11 | 0.13 | 0.15 | 0.09 | -0.11 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted earnings per share | -0.5 | 0.12 | 0.11 | 0.12 | 0.15 | 0.09 | -0.11 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
used in computing basic net | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income per share | 49,658,028 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total operating | 24,106,000 | 36,613,000 | 21,050,000 | 20,726,000 | 13,438,000 | 18,147,000 | 18,827,000 | 16,778,000 | 17,287,000 | 11,744,500 | 15,868,000 | 10,299,250 | 14,795,000 | 13,227,000 | |||||||||||||||||||||||||||||||||||||||||||||
basic net earnings per share | 0.32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted net earnings per share | 0.3 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of shares used in computing basic earnings per share | 46,196,720 | 46,041,253 | 45,941,153 | 41,536,835 | 40,872,497 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of shares used in computing diluted earnings per share | 47,849,783 | 47,568,215 | 47,226,835 | 42,692,989 | 40,872,497 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
selling and marketing | 11,030,000 | 6,343,750 | 8,587,000 | 8,291,000 | 16,788,000 | 8,497,000 | 9,251,000 | 9,251,000 | 7,849,000 | 9,205,000 | 7,268,000 | 6,877,000 | 6,877,000 | 6,518,000 | 12,201,000 | 6,352,000 | 5,849,000 | 5,153,000 | 5,153,000 | 5,297,000 | 10,829,000 | 5,271,000 | 5,558,000 | 4,753,000 | 13,585,000 | 4,753,000 | 4,813,000 | 4,320,000 | 4,452,000 | 4,192,000 | 4,192,000 | 3,264,000 | 3,256,000 | 2,655,000 | |||||||||||||||||||||||||
basic and diluted net earnings per share | -0.36 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
restructuring expenses | -118,000 | 80,250 | 55,000 | 266,000 | 118,000 | 148,000 | 164,000 | 84,750 | 246,000 | 93,000 | 93,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of shares used in computing basic net income (loss) per share | 35,962,455 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of shares used in computing diluted net income (loss) per share | 37,287,748 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income (loss) before taxes on income | 2,535,000 | -45,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted net income per share | 0.07 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating expenses: research and development | 3,796,750 | 5,845,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted net loss per share | -0.05 | -0.05 | -0.01 | -0.02 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
used in computing basic | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income per share | 33,658,867 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
used in computing diluted | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of shares used in computing basic and diluted net loss per share | 32,658,344 | 30,474,543 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of shares used in computing basic and diluted net income per share | 30,820,905 | 30,584,576 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
finance income (expenses) | 93,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted average number of shares used in computing basic and diluted net loss per share | 30,361,653 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
financial expenses | -192,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and diluted net loss per share | 8,973,224 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2025-08-06 | 2025-05-14 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2022-11-09 | 2022-06-30 | 2021-12-31 | 2021-09-30 | 2020-12-31 | 2020-06-30 | 2019-12-31 | 2018-12-31 | 2018-05-08 | 2017-12-31 | 2017-11-07 | 2017-08-07 | 2017-05-09 | 2017-02-15 | 2017-01-03 | 2016-12-31 | 2016-11-09 | 2016-08-03 | 2016-05-04 | 2016-02-10 | 2015-12-31 | 2015-11-05 | 2015-08-04 | 2015-05-06 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | |||||||||||||||||||||||||||||
current assets: | |||||||||||||||||||||||||||||
cash and cash equivalents | 25,418,000 | 56,029,000 | 35,003,000 | 39,605,000 | 104,597,000 | 66,693,000 | 196,611,000 | 611,551,000 | 96,668,000 | 125,777,000 | 47,448,000 | 40,743,000 | 74,132,000 | 14,782,000 | 18,629,000 | 14,290,000 | 25,707,000 | 15,770,000 | 22,789,000 | 18,477,000 | 22,789,000 | 18,477,000 | 11,309,000 | 14,428,000 | 18,464,000 | 18,464,000 | 37,377,000 | 80,426,000 | 4,591,000 |
short-term bank deposit | 306,437,000 | 226,934,000 | 360,122,000 | 7,500,000 | |||||||||||||||||||||||||
marketable securities | 99,757,000 | 169,107,000 | 222,937,000 | 57,292,000 | 20,380,000 | 20,608,000 | 21,726,000 | 28,116,000 | 25,920,000 | 13,718,000 | 36,453,000 | 32,567,000 | 3,981,000 | 9,890,000 | 5,537,000 | ||||||||||||||
trade receivables | 64,457,000 | 61,411,000 | 63,687,000 | 60,473,000 | 49,797,000 | 49,866,000 | 51,566,000 | 39,803,000 | 40,510,000 | 21,953,000 | 25,651,000 | 23,245,000 | 32,926,000 | 29,193,000 | 24,496,000 | 31,638,000 | 29,477,000 | 31,638,000 | 29,435,000 | 26,253,000 | 21,380,000 | 22,598,000 | 22,598,000 | 17,319,000 | 11,071,000 | 9,850,000 | |||
inventory | 50,023,000 | 57,617,000 | 92,223,000 | 29,471,000 | 35,865,000 | 32,880,000 | 29,787,000 | 24,122,000 | 22,955,000 | 20,069,000 | 18,558,000 | 15,803,000 | 14,729,000 | 13,407,000 | 12,873,000 | ||||||||||||||
other accounts receivable and prepaid expenses | 28,586,000 | 27,079,000 | 18,197,000 | 13,465,000 | 13,694,000 | 11,148,000 | 9,178,000 | 7,910,000 | 6,985,000 | 5,660,000 | 2,239,000 | 2,661,000 | 3,903,000 | 3,735,000 | 3,314,000 | ||||||||||||||
total current assets | 574,678,000 | 598,177,000 | 615,389,000 | 522,387,000 | 578,839,000 | 621,530,000 | 641,918,000 | 775,343,000 | 480,049,000 | 477,530,000 | 253,544,000 | 253,282,000 | 140,756,000 | 89,533,000 | 89,427,000 | 90,902,000 | 93,428,000 | 89,552,000 | 98,784,000 | 86,881,000 | 98,784,000 | 86,839,000 | 88,505,000 | 86,023,000 | 87,039,000 | 86,706,000 | 87,441,000 | 108,162,000 | 29,745,000 |
long-term assets: | |||||||||||||||||||||||||||||
deposits and other long-term assets | 14,089,000 | 10,855,000 | 10,542,000 | 8,209,000 | 3,875,000 | 2,531,000 | 856,000 | 471,000 | 395,000 | 438,000 | 356,000 | ||||||||||||||||||
severance pay fund | 344,000 | 305,000 | 306,000 | 283,000 | 274,000 | 271,000 | 323,000 | 357,000 | 342,000 | 337,000 | 295,000 | 301,000 | 351,000 | 530,000 | 523,000 | 503,000 | 599,000 | 641,000 | 768,000 | 768,000 | 1,147,000 | 1,175,000 | 1,125,000 | 1,125,000 | 1,121,000 | 1,198,000 | 1,198,000 | ||
property,plant and equipment | 67,296,000 | 63,122,000 | |||||||||||||||||||||||||||
operating lease right-of-use assets | 18,443,000 | 18,738,000 | 19,054,000 | 23,782,000 | 27,139,000 | 28,057,000 | 28,658,000 | 25,155,000 | 22,122,000 | 21,053,000 | 22,859,000 | 22,806,000 | |||||||||||||||||
intangible assets | 4,955,000 | 5,339,000 | 5,721,000 | 7,647,000 | 9,890,000 | 10,494,000 | 11,271,000 | 10,063,000 | 10,479,000 | 7,221,000 | 2,132,000 | 2,494,000 | 1,011,000 | 1,809,000 | 2,076,000 | 2,367,000 | 2,658,000 | 3,586,000 | 3,385,000 | 910,000 | 966,000 | 1,023,000 | 1,023,000 | 1,079,000 | 1,136,000 | 1,189,000 | |||
goodwill | 29,164,000 | 29,164,000 | 29,164,000 | 29,164,000 | 29,164,000 | 29,163,000 | 29,164,000 | 25,447,000 | 25,447,000 | 16,466,000 | 5,564,000 | 5,564,000 | 5,092,000 | 5,092,000 | 5,092,000 | 5,092,000 | 5,092,000 | 5,092,000 | 5,092,000 | ||||||||||
total long-term assets | 191,282,000 | 188,601,000 | 382,653,000 | 365,462,000 | 265,532,000 | 198,132,000 | 151,459,000 | 138,182,000 | 152,184,000 | 74,067,000 | 86,436,000 | 88,947,000 | 88,716,000 | 81,549,000 | 86,082,000 | 41,262,000 | 45,305,000 | 41,262,000 | 45,347,000 | 35,726,000 | 35,551,000 | 36,387,000 | 36,646,000 | 28,894,000 | 6,466,000 | 9,011,000 | |||
total assets | 765,960,000 | 786,778,000 | 787,484,000 | 865,580,000 | 957,666,000 | 1,004,183,000 | 1,007,380,000 | 1,040,875,000 | 678,181,000 | 628,989,000 | 391,726,000 | 405,466,000 | 214,823,000 | 175,969,000 | 178,374,000 | 179,618,000 | 174,977,000 | 175,634,000 | 140,046,000 | 132,186,000 | 140,046,000 | 132,186,000 | 124,231,000 | 121,574,000 | 123,426,000 | 123,352,000 | 116,335,000 | 114,628,000 | 38,756,000 |
liabilities and shareholders' equity | |||||||||||||||||||||||||||||
current liabilities: | |||||||||||||||||||||||||||||
trade payables | 10,032,000 | 5,897,000 | 9,019,000 | 6,936,000 | 14,833,000 | 24,038,000 | 30,788,000 | 46,448,000 | 30,630,000 | 32,016,000 | 13,021,000 | 23,449,000 | 16,614,000 | 7,272,000 | 14,243,000 | 14,440,000 | 16,903,000 | 16,433,000 | 14,354,000 | 14,354,000 | 11,500,000 | 11,308,000 | 13,230,000 | 13,230,000 | 9,028,000 | 9,812,000 | 7,699,000 | ||
employees and payroll accruals | 13,386,000 | 14,216,000 | 14,255,000 | 16,567,000 | 15,364,000 | 22,482,000 | 22,238,000 | 15,022,000 | 9,435,000 | 9,165,000 | 7,932,000 | 6,695,000 | 5,772,000 | 5,119,000 | 6,177,000 | 5,918,000 | 4,590,000 | 4,590,000 | 4,130,000 | 3,654,000 | 4,383,000 | 4,383,000 | 4,442,000 | 3,643,000 | 3,568,000 | ||||
deferred revenues and advances from customers | 1,566,000 | 1,793,000 | 5,594,000 | 3,013,000 | 5,401,000 | 11,719,000 | 27,019,000 | 2,579,000 | 2,688,000 | 3,633,000 | 2,020,000 | 1,943,000 | 1,020,000 | 599,000 | 1,679,000 | 1,312,000 | 1,312,000 | 1,216,000 | 1,003,000 | 1,008,000 | 1,008,000 | 552,000 | 1,559,000 | 1,466,000 | |||||
operating lease liabilities | 3,670,000 | 3,249,000 | 3,311,000 | 5,073,000 | 4,989,000 | 4,958,000 | 5,071,000 | 5,058,000 | 4,461,000 | 3,957,000 | 4,061,000 | 3,902,000 | |||||||||||||||||
other payables and accrued expenses | 16,434,000 | 24,975,000 | 33,669,000 | 21,046,000 | 17,287,000 | 22,116,000 | 11,613,000 | 6,796,000 | 6,373,000 | 4,993,000 | 5,436,000 | 6,259,000 | 5,622,000 | 6,917,000 | 6,103,000 | 5,972,000 | 5,972,000 | 3,413,000 | 2,327,000 | 2,630,000 | 2,630,000 | 3,116,000 | 2,907,000 | 4,441,000 | |||||
total current liabilities | 45,088,000 | 50,130,000 | 44,331,000 | 50,102,000 | 65,370,000 | 84,826,000 | 75,282,000 | 96,676,000 | 91,164,000 | 89,627,000 | 35,892,000 | 45,577,000 | 33,172,000 | 21,423,000 | 28,217,000 | 26,201,000 | 30,596,000 | 30,133,000 | 26,228,000 | 26,228,000 | 20,259,000 | 18,292,000 | 21,251,000 | 21,251,000 | 17,138,000 | 17,921,000 | 17,174,000 | ||
long-term liabilities: | |||||||||||||||||||||||||||||
accrued severance pay | 472,000 | 1,021,000 | 1,051,000 | 1,080,000 | 1,223,000 | 1,177,000 | 1,217,000 | 1,543,000 | 1,327,000 | 1,214,000 | 1,092,000 | 1,035,000 | 1,059,000 | 1,159,000 | 1,246,000 | 1,128,000 | 1,174,000 | 1,269,000 | 1,564,000 | 1,564,000 | 1,815,000 | 1,912,000 | 1,839,000 | 1,839,000 | 1,829,000 | 1,956,000 | 1,863,000 | ||
other long-term liabilities | 126,000 | 154,000 | 886,000 | 1,932,000 | 1,203,000 | 1,699,000 | 443,000 | 1,177,000 | 1,320,000 | 1,456,000 | 623,000 | 887,000 | 757,000 | ||||||||||||||||
total long-term liabilities | 16,123,000 | 15,826,000 | 23,818,000 | 25,682,000 | 24,646,000 | 21,882,000 | 20,345,000 | 21,345,000 | 21,586,000 | 2,515,000 | 1,782,000 | 2,456,000 | 2,197,000 | 2,098,000 | 2,725,000 | 2,594,000 | 2,594,000 | 1,815,000 | 1,912,000 | 1,913,000 | 1,839,000 | 1,982,000 | 2,075,000 | 1,982,000 | |||||
shareholders' equity | 704,749,000 | 720,822,000 | 895,539,000 | 152,764,000 | 148,945,000 | 146,579,000 | 142,940,000 | 107,188,000 | 103,364,000 | 102,157,000 | 101,370,000 | 100,262,000 | 97,215,000 | 94,632,000 | 19,600,000 | ||||||||||||||
total liabilities and shareholders' equity | 765,960,000 | 786,778,000 | 1,004,183,000 | 678,181,000 | 175,969,000 | 179,618,000 | 174,977,000 | 175,634,000 | 140,046,000 | 132,186,000 | 132,186,000 | 124,231,000 | 121,574,000 | 123,426,000 | 123,352,000 | 116,335,000 | 114,628,000 | 38,756,000 | |||||||||||
current assets | |||||||||||||||||||||||||||||
short-term bank deposits | 205,934,000 | 235,600,000 | 275,033,000 | 260,063,000 | 9,168,000 | 241,103,000 | 224,804,000 | 79,804,000 | 95,000,000 | 5,000,000 | 4,500,000 | 22,000,000 | |||||||||||||||||
trade receivables, net of allowance | 65,459,000 | 93,632,000 | 67,360,000 | ||||||||||||||||||||||||||
inventories | 60,342,000 | 67,712,000 | 89,415,000 | 89,580,000 | 63,017,000 | 55,344,000 | 52,487,000 | 42,126,000 | 37,477,000 | 30,030,000 | 34,855,000 | 22,955,000 | 24,122,000 | 15,803,000 | |||||||||||||||
prepaid expenses and other current assets | 25,714,000 | 28,546,000 | 22,054,000 | ||||||||||||||||||||||||||
non-current assets | |||||||||||||||||||||||||||||
property, plant and equipment | 59,222,000 | 50,905,000 | 60,463,000 | 52,364,000 | 53,189,000 | 45,046,000 | 38,401,000 | 29,255,000 | 24,182,000 | 17,489,000 | 14,994,000 | ||||||||||||||||||
total non-current assets | 172,095,000 | 343,193,000 | 378,827,000 | ||||||||||||||||||||||||||
liabilities | |||||||||||||||||||||||||||||
current liabilities | |||||||||||||||||||||||||||||
employee and payroll accruals | 13,101,000 | 12,121,000 | |||||||||||||||||||||||||||
deferred revenues and customers’ advances | 2,339,000 | 2,158,000 | 5,701,000 | ||||||||||||||||||||||||||
accrued expenses and other current liabilities | 16,561,000 | 23,814,000 | 25,592,000 | ||||||||||||||||||||||||||
non-current liabilities | |||||||||||||||||||||||||||||
other non-current liabilities | 138,000 | 198,000 | 1,216,000 | ||||||||||||||||||||||||||
total non-current liabilities | 16,254,000 | 19,811,000 | 23,474,000 | ||||||||||||||||||||||||||
total liabilities | 60,585,000 | 69,913,000 | 88,844,000 | ||||||||||||||||||||||||||
commitments and contingent liabilities | |||||||||||||||||||||||||||||
shareholders’ equity | |||||||||||||||||||||||||||||
ordinary shares of nis 0.01 par value - authorized: 200,000,000 shares at december 31, 2024 and 2023; issued: 51,036,338 and 50,371,684 shares at december 31, 2024 and 2023, respectively; outstanding: 46,051,461 and 47,719,633 shares at december 31, 2024 and 2023, respectively. | 134,000 | ||||||||||||||||||||||||||||
additional paid-in capital | 966,058,000 | 958,447,000 | 921,695,000 | ||||||||||||||||||||||||||
treasury shares at cost, 4,984,877 and 2,652,051 ordinary shares at december 31, 2024 and 2023, respectively. | -121,691,000 | ||||||||||||||||||||||||||||
accumulated other comprehensive loss | -868,000 | -283,000 | |||||||||||||||||||||||||||
accumulated deficit | -116,734,000 | ||||||||||||||||||||||||||||
total shareholders’ equity | 726,899,000 | 795,667,000 | 868,822,000 | 906,416,000 | 919,553,000 | 519,017,000 | 334,489,000 | 338,303,000 | 179,136,000 | ||||||||||||||||||||
total liabilities and shareholders’ equity | 787,484,000 | 865,580,000 | 957,666,000 | 1,007,380,000 | 1,040,875,000 | 628,989,000 | 391,726,000 | 405,466,000 | 214,823,000 | ||||||||||||||||||||
ordinary shares of nis 0.01 par value - authorized: 200,000,000 shares at december 31, 2023 and 2022; issued: 50,371,684 and 49,953,615 shares at december 31, 2023 and 2022, respectively; outstanding: 47,719,633 and 49,953,615 shares at december 31, 2023 and 2022, respectively. | 134,000 | ||||||||||||||||||||||||||||
treasury shares at cost, 2,652,051 ordinary shares at december 31, 2023 | -55,770,000 | ||||||||||||||||||||||||||||
accumulated other comprehensive income | -7,210,000 | -17,424,000 | -11,533,000 | 571,000 | 1,600,000 | 2,733,000 | 2,815,000 | 843,000 | -238,000 | 167,000 | |||||||||||||||||||
retained earnings | -99,934,000 | -35,583,000 | 18,809,000 | 43,482,000 | 42,528,000 | 27,955,000 | 18,112,000 | 32,738,000 | 22,571,000 | 11,406,000 | 11,398,000 | ||||||||||||||||||
deferred tax assets | |||||||||||||||||||||||||||||
other non-current assets | 5,927,000 | ||||||||||||||||||||||||||||
ordinary shares of nis 0.01 par value - authorized: 200,000,000 shares at december 31, 2022 and 2021; issued and outstanding: 49,953,615 and 49,619,782 shares at december 31, 2022 and 2021, respectively | 134,000 | ||||||||||||||||||||||||||||
deferred taxes | 16,081,000 | 14,153,000 | 9,339,000 | 7,054,000 | 5,096,000 | 9,025,000 | 7,781,000 | 7,272,000 | 74,000 | 153,000 | 119,000 | 119,000 | |||||||||||||||||
liabilities and shareholders’ equity | |||||||||||||||||||||||||||||
shareholders’ equity: | |||||||||||||||||||||||||||||
ordinary shares of nis 0.01 par value – authorized: 200,000,000 shares as of june 30, 2022 (unaudited) and december 31, 2021; issued and outstanding: 49,795,690 shares and 49,619,782 shares as of june 30, 2022 (unaudited) and december 31, 2021, respectively | 134,000 | ||||||||||||||||||||||||||||
additional paid in capital | 899,006,000 | 875,367,000 | 520,884,000 | 488,208,000 | 313,469,000 | 304,617,000 | 156,714,000 | 91,714,000 | 89,071,000 | ||||||||||||||||||||
long term liabilities: | |||||||||||||||||||||||||||||
ordinary shares of nis 0.01 par value – authorized: 200,000,000 shares at december 31, 2021 and 2020, respectively; issued and outstanding: 49,619,782 shares and 45,988,613 shares at december 31, 2021 and 2020 respectively | 133,000 | ||||||||||||||||||||||||||||
shareholders' equity: | |||||||||||||||||||||||||||||
ordinary shares of nis 0.01 par value – authorized: 200,000,000 shares at september 30, 2021 and december 31, 2020, respectively; issued and outstanding: 46,477,324 shares and 45,988,613 shares at september 30, 2021 and december 31, 2020, respectively | 123,000 | ||||||||||||||||||||||||||||
total shareholders' equity | 565,135,000 | 103,364,000 | 100,262,000 | ||||||||||||||||||||||||||
ordinary shares of nis 0.01 par value – authorized: 200,000,000 shares at december 31, 2020 and 2019, respectively; issued and outstanding: 45,988,613 shares and 40,684,340 shares at december 31, 2020 and 2019 respectively | 121,000 | ||||||||||||||||||||||||||||
ordinary shares of nis 0.01 par value – authorized: 200,000,000 shares as of june 30, 2020 and december 31, 2019; issued and outstanding: 40,941,575 shares and 40,684,340 shares as of june 30, 2020 and december 31, 2019, respectively | 106,000 | ||||||||||||||||||||||||||||
receivables on account of shares | -13,000 | ||||||||||||||||||||||||||||
ordinary shares of nis 0.01 par value – authorized: 200,000,000 shares at december 31, 2019 and 2018, respectively; issued and outstanding: 40,684,340 shares and 35,065,200 shares at december 31, 2019 and 2018, respectively | 105,000 | ||||||||||||||||||||||||||||
deposits and other long term assets | 744,000 | ||||||||||||||||||||||||||||
payment obligation related to acquisition | 323,000 | 312,000 | 300,000 | 1,070,000 | 1,030,000 | 1,030,000 | |||||||||||||||||||||||
ordinary shares of nis 0.01 par value – authorized: 200,000,000 shares at december 31, 2017 and 2018, respectively; issued and outstanding: 34,124,223 shares and 35,065,200 shares at december 31, 2017 and 2018, respectively | 89,000 | ||||||||||||||||||||||||||||
deposits and prepaid expenses | 674,000 | 627,000 | |||||||||||||||||||||||||||
deferred tax asset | 884,000 | 564,000 | 1,080,000 | ||||||||||||||||||||||||||
property and equipment | 11,387,000 | 11,230,000 | 10,565,000 | 11,204,000 | 10,311,000 | 9,247,000 | 8,337,000 | 9,247,000 | 8,337,000 | 6,070,000 | 4,844,000 | 4,778,000 | 4,778,000 | 4,097,000 | 3,788,000 | 3,818,000 | |||||||||||||
f-3 | |||||||||||||||||||||||||||||
available for sale marketable securities | 3,709,000 | 2,657,000 | 15,344,000 | 16,500,000 | 12,069,000 | 16,500,000 | 12,069,000 | 10,052,000 | 8,334,000 | 4,527,000 | 4,527,000 | 3,543,000 | |||||||||||||||||
other accounts receivables and prepaid expenses | 4,112,000 | 2,991,000 | 4,155,000 | 3,735,000 | 3,903,000 | 2,821,000 | 3,322,000 | 3,647,000 | 3,473,000 | 3,258,000 | 2,431,000 | ||||||||||||||||||
other assets | 631,000 | 1,041,000 | 1,062,000 | 1,046,000 | 2,145,000 | 1,046,000 | 2,145,000 | 716,000 | 607,000 | 309,000 | 568,000 | 292,000 | 344,000 | 443,000 | |||||||||||||||
goodwill and intangible assets | 8,041,000 | 8,477,000 | 8,720,000 | ||||||||||||||||||||||||||
liabilities and equity | |||||||||||||||||||||||||||||
other long term liabilities | 624,000 | 386,000 | |||||||||||||||||||||||||||
short term bank deposits | 18,001,000 | 20,001,000 | 22,000,000 | 11,000,000 | |||||||||||||||||||||||||
ordinary shares of nis 0.01 par value – authorized: 200,000,000 shares at december 31, 2015 and september 30, 2016 (unaudited), respectively; issued and outstanding: 30,295,949 shares and 30,704,348 shares at december 31, 2015 and september 30, 2016 (unaudited), respectively | 77,000 | ||||||||||||||||||||||||||||
deferred issuance costs | 2,363,000 | ||||||||||||||||||||||||||||
ordinary shares of nis 0.01 par value – authorized: 26,345,297 shares and 200,000,000 shares at december 31, 2014 and 2015, respectively; issued and outstanding: 8,973,224 shares and 30,295,949 shares at december 31, 2014 and 2015, respectively | 76,000 | ||||||||||||||||||||||||||||
preferred a-1 shares of nis 0.01 par value – authorized: 1,927,220 shares and 0 shares at december 31, 2014 and 2015; issued and outstanding: 1,927,140 shares and 0 shares at december 31, 2014 and 2015, respectively | |||||||||||||||||||||||||||||
available for sale long-term marketable securities | 22,305,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2025-11-05 | 2025-08-06 | 2025-05-14 | 2024-12-31 | 2024-11-06 | 2024-08-07 | 2024-05-08 | 2023-12-31 | 2023-11-08 | 2023-08-09 | 2023-05-10 | 2022-12-31 | 2022-11-09 | 2022-06-30 | 2022-05-11 | 2022-02-15 | 2021-11-10 | 2021-08-10 | 2021-05-11 | 2021-02-16 | 2020-11-10 | 2020-08-11 | 2020-06-30 | 2020-05-19 | 2020-02-11 | 2019-11-18 | 2019-08-06 | 2019-05-13 | 2019-02-12 | 2018-11-13 | 2018-09-21 | 2018-08-06 | 2018-05-08 | 2018-02-14 | 2017-11-07 | 2017-09-05 | 2017-08-07 | 2017-05-09 | 2017-02-15 | 2016-11-09 | 2016-08-03 | 2016-05-04 | 2016-02-10 | 2015-11-05 | 2015-08-04 | 2015-05-06 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||
net loss | 4,926,000 | -2,459,000 | -5,059,000 | -15,892,000 | 4,001,000 | 8,290,000 | -13,199,000 | 6,164,000 | 4,606,000 | -18,931,000 | -10,054,000 | -1,737,000 | -226,000 | -201,000 | ||||||||||||||||||||||||||||||||
adjustments to reconcile net loss to net cash from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 1,000 | 84,000 | 2,846,000 | 9,828,000 | 28,000 | -133,000 | 3,324,000 | 10,814,000 | 232,000 | -219,000 | 3,873,000 | 10,301,000 | -58,000 | 3,322,000 | 2,580,000 | 6,967,000 | 4,945,000 | 3,035,000 | 1,492,000 | 4,711,000 | 3,411,000 | 2,196,000 | 1,095,000 | 1,101,000 | 4,441,000 | 3,359,000 | 2,222,000 | 1,081,000 | 4,965,000 | 3,603,000 | 0 | 2,367,000 | 1,167,000 | 4,814,000 | 3,631,000 | 0 | 2,427,000 | 1,273,000 | 2,964,000 | 2,007,000 | 1,110,000 | 524,000 | 1,782,000 | 1,279,000 | 848,000 | 398,000 |
fair value of warrants deducted from revenues | -3,899,000 | 3,586,000 | 10,517,000 | -7,000 | 988,000 | 2,344,000 | 16,860,000 | 1,124,000 | 4,516,000 | 8,005,000 | 25,423,000 | 17,568,000 | 9,711,000 | 3,139,000 | 5,366,000 | 3,564,000 | 1,406,000 | 841,000 | 565,000 | 5,094,000 | 8,549,000 | 3,406,000 | 989,000 | 4,576,000 | 3,190,000 | 1,533,000 | 42,000 | 2,895,000 | 2,502,000 | 2,352,000 | 938,000 | 2,030,000 | ||||||||||||||
share-based compensation | -132,000 | 436,000 | 5,320,000 | -514,000 | 421,000 | 5,448,000 | -1,401,000 | 1,305,000 | 5,245,000 | -1,232,000 | 15,243,000 | -4,464,000 | -12,673,000 | -9,219,000 | -5,781,000 | -2,540,000 | -8,209,000 | -5,970,000 | -3,779,000 | 6,374,000 | -1,744,000 | -5,462,000 | -3,791,000 | -2,276,000 | -1,078,000 | -4,654,000 | 3,884,000 | 0 | 2,380,000 | 1,205,000 | 4,411,000 | 3,193,000 | 0 | 1,948,000 | 938,000 | 2,994,000 | 2,080,000 | 1,462,000 | 726,000 | 2,383,000 | 1,626,000 | 975,000 | 440,000 | |||
amortization of premium and accretion of discount on marketable securities | 22,000 | 58,000 | -304,000 | -102,000 | -303,000 | 23,000 | -7,000 | 608,000 | -54,000 | -121,000 | 323,000 | 1,385,000 | -49,000 | 484,000 | 528,000 | 1,279,000 | -1,652,000 | -1,298,000 | ||||||||||||||||||||||||||||
realized loss on sale and redemption of marketable securities | -22,000 | 40,000 | ||||||||||||||||||||||||||||||||||||||||||||
loss from disposal of property and equipments | -112,000 | |||||||||||||||||||||||||||||||||||||||||||||
change in operating assets and liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||
trade receivables | 2,775,000 | -7,094,000 | 4,048,000 | 22,844,000 | 4,063,000 | -11,639,000 | 12,905,000 | -10,299,000 | 2,327,000 | -5,640,000 | -5,608,000 | -12,677,000 | -25,403,000 | 22,189,000 | -31,193,000 | 1,782,000 | 1,713,000 | -11,085,000 | -1,488,000 | 30,620,000 | 33,162,000 | 25,651,000 | 23,245,000 | 32,926,000 | 29,193,000 | 24,496,000 | 31,638,000 | 29,435,000 | 26,253,000 | 21,380,000 | 22,598,000 | 17,319,000 | 11,071,000 | 9,850,000 | ||||||||||||
other accounts receivables and prepaid expenses | -1,500,000 | -142,000 | -1,365,000 | -1,417,000 | 456,000 | 514,000 | 996,000 | -2,598,000 | 916,000 | -5,016,000 | 673,000 | -2,464,000 | -5,303,000 | -1,513,000 | 1,550,000 | 2,661,000 | 4,112,000 | 2,991,000 | 4,155,000 | 3,735,000 | 3,903,000 | 2,821,000 | 3,322,000 | 3,647,000 | 3,473,000 | 3,258,000 | 2,431,000 | |||||||||||||||||||
inventory | -4,605,000 | 2,960,000 | 2,320,000 | 7,962,000 | -3,772,000 | -96,000 | -396,000 | 7,986,000 | -3,023,000 | 12,101,000 | -14,816,000 | -9,036,000 | -13,128,000 | -3,765,000 | 25,212,000 | 25,123,000 | 29,471,000 | 34,855,000 | 35,865,000 | 32,880,000 | 29,787,000 | 24,122,000 | 22,955,000 | 20,069,000 | 18,558,000 | 15,803,000 | 14,729,000 | 13,407,000 | 12,873,000 | |||||||||||||||||
operating leases right-of-use assets and liabilities | -1,359,000 | 1,750,000 | -160,000 | 827,000 | -401,000 | -87,000 | -156,000 | -98,000 | -457,000 | 2,159,000 | -2,449,000 | -408,000 | 211,000 | |||||||||||||||||||||||||||||||||
deposits and other long term assets | 3,049,000 | -2,921,000 | -313,000 | 71,000 | 197,000 | -708,000 | 550,000 | 176,000 | -1,027,000 | 256,000 | 6,000 | -110,000 | ||||||||||||||||||||||||||||||||||
trade payables | -9,448,000 | 10,713,000 | -5,310,000 | 1,923,000 | -1,605,000 | 5,597,000 | -3,765,000 | -4,604,000 | -1,662,000 | 1,252,000 | -1,477,000 | -20,988,000 | -1,484,000 | -4,476,000 | -7,444,000 | 14,034,000 | -2,400,000 | -2,417,000 | -6,056,000 | 12,311,000 | 10,014,000 | 7,272,000 | 12,439,000 | 14,243,000 | 14,440,000 | 16,903,000 | 16,433,000 | 14,354,000 | 11,500,000 | 11,308,000 | 13,230,000 | 9,028,000 | 9,812,000 | 7,699,000 | ||||||||||||
employees and payroll accruals | -228,000 | -2,530,000 | 2,092,000 | 1,542,000 | -760,000 | 2,826,000 | -1,152,000 | 195,000 | -3,036,000 | 1,015,000 | 737,000 | -9,056,000 | 1,746,000 | -364,000 | -6,470,000 | 9,698,000 | 8,878,000 | 2,104,000 | 2,235,000 | 6,844,000 | 7,081,000 | 6,695,000 | 6,338,000 | 5,772,000 | 5,119,000 | 6,177,000 | 5,918,000 | 4,590,000 | 4,130,000 | 3,654,000 | 4,383,000 | 4,442,000 | 3,643,000 | 3,568,000 | ||||||||||||
deferred revenues and advances from customers | 393,000 | 319,000 | -546,000 | 419,000 | -56,000 | -308,000 | 1,785,000 | -1,161,000 | -1,038,000 | 5,224,000 | -2,643,000 | -1,471,000 | -21,668,000 | -15,350,000 | -11,401,000 | -3,372,000 | 1,960,000 | 2,096,000 | 2,020,000 | 1,697,000 | 1,943,000 | 1,020,000 | 599,000 | 1,679,000 | 1,312,000 | 1,216,000 | 1,003,000 | 1,008,000 | 552,000 | 1,559,000 | 1,466,000 | |||||||||||||||
other payables and accrued expenses | 5,416,000 | -2,761,000 | 2,230,000 | -4,003,000 | 2,436,000 | -2,313,000 | 2,226,000 | -8,718,000 | 4,340,000 | 9,542,000 | 3,081,000 | 359,000 | 5,862,000 | 5,676,000 | 1,854,000 | 5,283,000 | 4,740,000 | 5,436,000 | 5,046,000 | 6,259,000 | 5,622,000 | 6,917,000 | 6,103,000 | 5,972,000 | 3,413,000 | 2,327,000 | 2,630,000 | 3,116,000 | 2,907,000 | 4,441,000 | ||||||||||||||||
accrued severance pay | 1,462,000 | -559,000 | -29,000 | -56,000 | 34,000 | 2,000 | -32,000 | -76,000 | 85,000 | -260,000 | 99,000 | -249,000 | 115,000 | -103,000 | -189,000 | 309,000 | 49,000 | -30,000 | 1,284,000 | 1,355,000 | 1,159,000 | 1,232,000 | 1,246,000 | 1,128,000 | 1,174,000 | 1,269,000 | 1,564,000 | 1,815,000 | 1,912,000 | 1,839,000 | 1,829,000 | 1,956,000 | 1,863,000 | |||||||||||||
other long - term liabilities | -6,000 | -44,000 | 16,000 | -46,000 | 112,000 | -86,000 | 76,000 | -1,459,000 | 316,000 | 760,000 | ||||||||||||||||||||||||||||||||||||
net cash from operating activities | 618,000 | -2,034,000 | 5,764,000 | 35,171,000 | 9,070,000 | 460,000 | 4,024,000 | -26,954,000 | 7,816,000 | -1,540,000 | -14,004,000 | -94,217,000 | 2,428,000 | -7,558,000 | -47,082,000 | 52,464,000 | 43,130,000 | 10,330,000 | 5,119,000 | 32,410,000 | -1,934,000 | -22,332,000 | -9,209,000 | -13,123,000 | 11,004,000 | -3,944,000 | -3,936,000 | 446,000 | 17,642,000 | 0 | 6,684,000 | 1,806,000 | 5,990,000 | -5,946,000 | -35,000 | -3,143,000 | 956,000 | -4,324,000 | -6,792,000 | -3,052,000 | -2,209,000 | -2,840,000 | 2,017,000 | 1,377,000 | ||
capital expenditures | -28,000 | -3,305,000 | -1,336,000 | -14,366,000 | 705,000 | -142,000 | -1,192,000 | -6,003,000 | 816,000 | 1,360,000 | -3,105,000 | -15,223,000 | -1,624,000 | -1,985,000 | -6,170,000 | -12,840,000 | -7,515,000 | -2,877,000 | -1,090,000 | -11,585,000 | -10,376,000 | -8,127,000 | -4,936,000 | -1,666,000 | -4,496,000 | -3,706,000 | -1,306,000 | -377,000 | -4,367,000 | 0 | -1,044,000 | -82,000 | -5,233,000 | -4,358,000 | 0 | -2,568,000 | -4,654,000 | -4,392,000 | -1,160,000 | -530,000 | -1,439,000 | -907,000 | -733,000 | -309,000 | ||
free cash flows | 590,000 | -5,339,000 | 4,428,000 | 20,805,000 | 9,775,000 | 318,000 | 2,832,000 | -32,957,000 | 8,632,000 | -180,000 | -17,109,000 | -109,440,000 | 804,000 | -9,543,000 | -53,252,000 | 39,624,000 | 35,615,000 | 7,453,000 | 4,029,000 | 20,825,000 | -12,310,000 | -30,459,000 | -14,145,000 | -14,789,000 | 6,508,000 | -7,650,000 | -5,242,000 | 69,000 | 13,275,000 | 0 | 5,640,000 | 1,724,000 | 757,000 | -10,304,000 | -35,000 | -5,711,000 | -3,698,000 | -8,716,000 | -7,952,000 | -3,582,000 | -3,648,000 | -3,747,000 | 1,284,000 | 1,068,000 | ||
cash flows from investing activities: | ||||||||||||||||||||||||||||||||||||||||||||||
purchase of property, plant and equipment and capitalized software development costs | ||||||||||||||||||||||||||||||||||||||||||||||
proceeds from (investment in) short-term bank deposits | 48,137,000 | 40,998,000 | -24,397,000 | 39,430,000 | 220,000,000 | -494,929,000 | 274,932,000 | |||||||||||||||||||||||||||||||||||||||
proceeds from sales and redemption of marketable securities | 3,740,000 | 460,000 | 2,800,000 | 3,494,000 | 740,000 | -2,750,000 | 4,000,000 | |||||||||||||||||||||||||||||||||||||||
proceeds from maturities of marketable securities | -13,524,000 | 12,482,000 | 65,320,000 | -15,831,000 | 13,283,000 | 11,298,000 | -4,710,000 | 4,108,000 | 3,572,000 | |||||||||||||||||||||||||||||||||||||
investment in marketable securities | -20,885,000 | 19,052,000 | -25,815,000 | -61,391,000 | 25,320,000 | -8,585,000 | -18,017,000 | -28,461,000 | 3,395,000 | 1,113,000 | -10,024,000 | -112,032,000 | -2,465,000 | -23,003,000 | -80,894,000 | -110,458,000 | -44,310,000 | -30,510,000 | -15,290,000 | |||||||||||||||||||||||||||
net cash from investing activities | 19,719,000 | -28,546,000 | 17,534,000 | -46,478,000 | 64,825,000 | 42,047,000 | -28,906,000 | 27,768,000 | 220,213,000 | -490,971,000 | 269,202,000 | -282,546,000 | -251,745,000 | 127,016,000 | -486,974,000 | 88,931,000 | -74,718,000 | -44,147,000 | -36,712,000 | -114,630,000 | 77,254,000 | 26,273,000 | -8,088,000 | 34,361,000 | -179,497,000 | -110,230,000 | -97,983,000 | -57,830,000 | 16,682,000 | -23,232,000 | 0 | -8,224,000 | -5,331,000 | -46,744,000 | -38,697,000 | 29,000 | -29,056,000 | -44,283,000 | 2,463,000 | 3,766,000 | -642,000 | -1,246,000 | -58,871,000 | -38,972,000 | -1,773,000 | -1,340,000 |
cash flows from financing activities: | ||||||||||||||||||||||||||||||||||||||||||||||
exercise of employee stock options | -199,000 | -290,000 | 529,000 | 601,000 | 108,000 | 95,000 | 145,000 | 11,000 | 42,000 | 499,000 | 79,000 | 41,000 | 299,000 | 4,818,000 | 4,141,000 | 1,754,000 | 675,000 | 5,660,000 | 4,942,000 | 2,804,000 | 1,236,000 | 1,568,000 | 5,901,000 | 5,400,000 | 2,269,000 | 1,144,000 | 6,425,000 | 1,997,000 | 0 | 1,067,000 | 531,000 | 2,760,000 | 2,343,000 | 0 | 1,347,000 | 475,000 | 958,000 | 564,000 | 273,000 | 239,000 | 420,000 | 60,000 | ||||
payments related to shares withheld for taxes | 134,000 | 585,000 | -977,000 | -112,000 | 410,000 | -594,000 | -167,000 | -135,000 | -7,000 | -172,000 | -510,000 | -2,238,000 | -1,662,000 | -1,146,000 | -688,000 | -596,000 | -82,000 | -64,000 | -11,000 | -53,000 | -177,000 | |||||||||||||||||||||||||
repurchase of ordinary shares | -21,352,000 | -1,824,000 | 6,201,000 | -7,628,000 | -39,822,000 | -1,882,000 | -7,314,000 | -6,752,000 | ||||||||||||||||||||||||||||||||||||||
net cash from financing activities | 23,111,000 | -21,057,000 | -2,272,000 | -84,634,000 | 1,423,000 | 6,618,000 | -8,222,000 | -40,772,000 | -1,435,000 | -7,470,000 | -6,845,000 | -273,000 | 72,000 | -131,000 | -211,000 | 344,379,000 | 2,479,000 | 608,000 | -13,000 | 167,045,000 | 167,580,000 | 2,740,000 | 1,225,000 | 1,515,000 | 135,131,000 | 134,807,000 | 132,345,000 | 841,000 | 5,525,000 | 1,097,000 | 0 | 167,000 | -369,000 | 36,437,000 | 36,020,000 | 6,000 | 35,018,000 | 34,705,000 | 939,000 | 564,000 | 273,000 | 239,000 | 74,600,000 | 74,240,000 | 75,232,000 | -368,000 |
increase in cash and cash equivalents | 43,448,000 | -51,637,000 | 21,026,000 | 75,318,000 | 49,125,000 | -33,104,000 | -499,981,000 | 248,353,000 | 485,774,000 | -29,109,000 | -33,209,000 | -31,606,000 | 85,034,000 | 242,937,000 | 6,705,000 | -16,029,000 | 22,734,000 | -33,389,000 | 30,426,000 | 55,575,000 | 0 | -1,373,000 | -8,623,000 | 0 | 2,819,000 | 4,325,000 | 13,000 | 13,520,000 | 32,428,000 | 75,476,000 | ||||||||||||||||
cash and cash equivalents at the beginning of the period | -30,611,000 | 21,026,000 | 35,003,000 | 17,083,000 | 16,021,000 | -33,104,000 | 39,605,000 | 3,275,000 | -251,628,000 | 248,353,000 | 104,597,000 | 414,940,000 | 119,327,000 | 0 | 611,551,000 | 125,777,000 | 125,777,000 | 125,777,000 | 125,777,000 | 40,743,000 | 40,743,000 | 40,743,000 | 0 | 40,743,000 | 74,132,000 | 74,132,000 | 74,132,000 | 74,132,000 | 18,629,000 | 18,629,000 | 0 | 18,629,000 | 18,629,000 | 22,789,000 | 22,789,000 | 0 | 22,789,000 | 22,789,000 | 18,464,000 | 18,464,000 | 18,464,000 | 18,464,000 | 4,993,000 | 4,993,000 | 4,993,000 | 4,993,000 |
cash and cash equivalents at the end of the period | 12,837,000 | -30,611,000 | 56,029,000 | -78,858,000 | 91,339,000 | 16,021,000 | 6,501,000 | -36,683,000 | -25,034,000 | -251,628,000 | 352,950,000 | 37,904,000 | -129,918,000 | 119,327,000 | 77,284,000 | 611,551,000 | 96,668,000 | 92,568,000 | 94,171,000 | 125,777,000 | 283,680,000 | 47,448,000 | -16,029,000 | 63,477,000 | 40,743,000 | 94,670,000 | 104,550,000 | 17,559,000 | 74,132,000 | 14,099,000 | 0 | 17,223,000 | 14,782,000 | 18,629,000 | 14,290,000 | 0 | 25,707,000 | 15,770,000 | 22,789,000 | 18,477,000 | 11,309,000 | 14,428,000 | 18,464,000 | 37,377,000 | 80,426,000 | 4,591,000 |
non-cash investing and financing activities: | ||||||||||||||||||||||||||||||||||||||||||||||
purchase of property and equipment on credit | -28,000 | -1,268,000 | 2,435,000 | 40,000 | 13,000 | 92,000 | 28,000 | -127,000 | 173,000 | -790,000 | 1,292,000 | 2,461,000 | 1,907,000 | 2,678,000 | 1,477,000 | 1,904,000 | 382,000 | 384,000 | 1,909,000 | 920,000 | 359,000 | 658,000 | 277,000 | 222,000 | 539,000 | 200,000 | 400,000 | 427,000 | 142,000 | 863,000 | 678,000 | 808,000 | 95,000 | 373,000 | 206,000 | 422,000 | 145,000 | 40,000 | 31,000 | |||||||
inventory transferred to be used as property and equipment | -2,202,000 | 946,000 | 365,000 | -337,000 | 697,000 | 2,621,000 | 931,000 | 463,000 | 412,000 | 990,000 | 823,000 | 511,000 | 298,000 | -591,000 | 591,000 | 591,000 | 591,000 | 591,000 | 397,000 | 293,000 | 167,000 | 322,000 | 1,090,000 | 1,090,000 | 799,000 | 592,000 | 284,000 | 259,000 | ||||||||||||||||||
property, plant and equipment transferred to be used as inventory | 12,000 | 154,000 | 653,000 | 178,000 | 4,000 | 4,000 | ||||||||||||||||||||||||||||||||||||||||
lease liabilities arising from obtaining right-of-use assets | -386,000 | 39,000 | 522,000 | -1,000 | 2,084,000 | -1,746,000 | 872,000 | -6,587,000 | 6,037,000 | 149,000 | 5,746,000 | 5,688,000 | 1,517,000 | 1,296,000 | 263,000 | 2,929,000 | 2,769,000 | 2,187,000 | 1,653,000 | 9,640,000 | 1,333,000 | |||||||||||||||||||||||||
purchase of property, plant and equipment | -2,037,000 | -3,771,000 | -14,366,000 | 665,000 | -155,000 | -1,284,000 | -6,003,000 | 788,000 | 1,487,000 | -3,278,000 | -15,223,000 | -834,000 | -1,985,000 | -7,462,000 | -15,301,000 | -5,555,000 | -2,567,000 | |||||||||||||||||||||||||||||
proceeds from investment in short-term bank deposits | -21,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
inventory transferred to be used as property and equipment and equipment on lease | 405,000 | |||||||||||||||||||||||||||||||||||||||||||||
net income | -60,033,000 | 444,000 | -19,476,000 | -5,197,000 | 15,527,000 | 14,573,000 | 10,701,000 | 5,099,000 | -4,783,000 | -10,684,000 | -14,626,000 | 10,167,000 | 826,000 | -1,129,000 | -1,589,000 | 12,429,000 | 5,452,000 | 0 | 2,339,000 | 565,000 | -2,015,000 | -1,646,000 | -1,522,000 | 828,000 | 8,000 | -353,000 | 4,725,000 | 2,660,000 | 517,000 | |||||||||||||||||
restructuring and other charges | ||||||||||||||||||||||||||||||||||||||||||||||
production of equipment for lease to customers | ||||||||||||||||||||||||||||||||||||||||||||||
decrease in cash and cash equivalents | 119,327,000 | -534,267,000 | -56,543,000 | -4,493,000 | -3,894,000 | -7,019,000 | -7,161,000 | -4,059,000 | ||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||
share based compensation | ||||||||||||||||||||||||||||||||||||||||||||||
realized loss on sale of marketable securities | -271,000 | 480,000 | ||||||||||||||||||||||||||||||||||||||||||||
inventories | -526,000 | -672,000 | ||||||||||||||||||||||||||||||||||||||||||||
deposits and other long-term assets | 722,000 | |||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses and other current assets | ||||||||||||||||||||||||||||||||||||||||||||||
deferred taxes | 9,107,000 | 1,534,000 | -2,111,000 | -305,000 | -4,280,000 | -1,866,000 | 245,000 | -320,000 | 74,000 | 153,000 | 119,000 | 119,000 | ||||||||||||||||||||||||||||||||||
decrease in operating leases right-of-use assets | -29,000 | 33,000 | -30,000 | 63,000 | -571,000 | 52,000 | 34,000 | 24,000 | ||||||||||||||||||||||||||||||||||||||
decrease in operating lease liabilities | ||||||||||||||||||||||||||||||||||||||||||||||
deferred revenues and customers’ advances | ||||||||||||||||||||||||||||||||||||||||||||||
accrued expenses and other current liabilities | ||||||||||||||||||||||||||||||||||||||||||||||
other non-current liabilities | ||||||||||||||||||||||||||||||||||||||||||||||
loss from sale and disposal of property, plant and equipment | -101,000 | 485,000 | ||||||||||||||||||||||||||||||||||||||||||||
acquisition of intangible assets and capitalization of software development costs | -130,000 | -121,000 | -121,000 | -121,000 | -40,000 | -81,000 | -1,337,000 | -799,000 | -650,000 | |||||||||||||||||||||||||||||||||||||
proceeds from sale of property, plant and equipment | 55,000 | -39,000 | ||||||||||||||||||||||||||||||||||||||||||||
investment in equity securities | -547,000 | 81,000 | -351,000 | |||||||||||||||||||||||||||||||||||||||||||
cash paid in connection with acquisition, net of cash acquired | -14,991,000 | -14,991,000 | ||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of marketable securities | 445,000 | 1,000,000 | 2,050,000 | 58,532,000 | 58,532,000 | 20,802,000 | 0 | 20,802,000 | 34,497,000 | 31,445,000 | 30,445,000 | 638,000 | 40,635,000 | 39,353,000 | 38,312,000 | 29,000 | 38,283,000 | 2,086,000 | 1,523,000 | 1,523,000 | ||||||||||||||||||||||||||
proceeds from maturity of marketable securities | 23,922,000 | -1,524,000 | 5,500,000 | 11,922,000 | 13,526,000 | 10,304,000 | 21,706,000 | 20,006,000 | 17,445,000 | 5,343,000 | 12,102,000 | 3,000,000 | 1,500,000 | 500,000 | 500,000 | 6,564,000 | 3,354,000 | 0 | 2,150,000 | 500,000 | 7,240,000 | 6,740,000 | 0 | 6,740,000 | 4,740,000 | 4,500,000 | 3,500,000 | 2,500,000 | ||||||||||||||||||
payment of withholding taxes related to exercise of share-based awards | ||||||||||||||||||||||||||||||||||||||||||||||
investing in long term assets | ||||||||||||||||||||||||||||||||||||||||||||||
proceeds from short-term bank deposits | ||||||||||||||||||||||||||||||||||||||||||||||
inventory transferred to be used as property and equipment and long term assets | -280,000 | |||||||||||||||||||||||||||||||||||||||||||||
realized gain on sale and redemption of marketable securities | 87,000 | |||||||||||||||||||||||||||||||||||||||||||||
acquisition of intangible assets | 31,000 | |||||||||||||||||||||||||||||||||||||||||||||
operating lease right-of-use assets and liabilities | -397,000 | |||||||||||||||||||||||||||||||||||||||||||||
proceeds from public offering, net of issuance costs | ||||||||||||||||||||||||||||||||||||||||||||||
other long-term liabilities | -360,000 | 800,000 | 299,000 | 744,000 | 764,000 | 623,000 | 589,000 | 887,000 | 757,000 | |||||||||||||||||||||||||||||||||||||
receipt on account of shares | 63,000 | 44,000 | 32,000 | 13,000 | 811,000 | 20,000 | ||||||||||||||||||||||||||||||||||||||||
investment in bank deposits | 160,090,000 | -410,985,000 | -5,000,000 | -3,000,000 | -3,000,000 | |||||||||||||||||||||||||||||||||||||||||
proceeds from public offering, net of issuance cost | 341,799,000 | |||||||||||||||||||||||||||||||||||||||||||||
other non-current assets | ||||||||||||||||||||||||||||||||||||||||||||||
foreign currency translation loss on intercompany balances with foreign subsidiaries | ||||||||||||||||||||||||||||||||||||||||||||||
payments of withholding taxes related to exercise of share-based awards | ||||||||||||||||||||||||||||||||||||||||||||||
foreign currency translation adjustments on cash and cash equivalents | 209,000 | 37,000 | 24,000 | 43,000 | -19,000 | -27,000 | -95,000 | -8,000 | -30,000 | -72,000 | -37,000 | 0 | -33,000 | 47,000 | 157,000 | 124,000 | 0 | 99,000 | 14,000 | -33,000 | 7,000 | 6,000 | 23,000 | -49,000 | -44,000 | -44,000 | -70,000 | |||||||||||||||||||
revenues | 8,655,000 | 83,293,000 | 322,006,000 | 234,458,000 | ||||||||||||||||||||||||||||||||||||||||||
gaap cost of revenues | 7,754,000 | 49,891,000 | 170,095,000 | 124,934,000 | 78,797,000 | 35,713,000 | 105,530,000 | 70,183,000 | 39,822,000 | 18,184,000 | 97,790,000 | 73,174,000 | 48,100,000 | 22,863,000 | 72,504,000 | |||||||||||||||||||||||||||||||
cost of product recorded for share-based compensation | 19,000 | -449,000 | -1,355,000 | -1,000,000 | -619,000 | -299,000 | -1,056,000 | -772,000 | -491,000 | -214,000 | -632,000 | -419,000 | -237,000 | -108,000 | -494,000 | |||||||||||||||||||||||||||||||
cost of service recorded for share-based compensation | 39,000 | -385,000 | -1,105,000 | -750,000 | -499,000 | -233,000 | -771,000 | -568,000 | -360,000 | -150,000 | -520,000 | -374,000 | -230,000 | -114,000 | -398,000 | |||||||||||||||||||||||||||||||
intangible assets amortization on cost of product | -78,000 | -173,000 | -337,000 | -161,000 | -50,000 | -25,000 | -100,000 | -75,000 | -50,000 | -25,000 | -100,000 | -75,000 | -50,000 | -25,000 | -100,000 | |||||||||||||||||||||||||||||||
intangible assets amortization on cost of service | 0 | -160,000 | -640,000 | -480,000 | -320,000 | -160,000 | ||||||||||||||||||||||||||||||||||||||||
restructuring expenses | -266,000 | -321,000 | ||||||||||||||||||||||||||||||||||||||||||||
non-gaap cost of revenues | 7,338,000 | 48,724,000 | 166,658,000 | 122,543,000 | 77,309,000 | 34,996,000 | 103,083,000 | 68,248,000 | 38,475,000 | 17,551,000 | 93,720,000 | 69,488,000 | 44,765,000 | 21,034,000 | 71,512,000 | |||||||||||||||||||||||||||||||
gaap gross profit | 901,000 | 33,402,000 | 151,911,000 | 109,524,000 | 68,992,000 | 30,410,000 | 87,801,000 | 50,857,000 | 23,826,000 | 8,028,000 | 82,076,000 | 53,457,000 | 33,951,000 | 15,298,000 | 69,869,000 | |||||||||||||||||||||||||||||||
gross profit adjustments | 416,000 | 1,167,000 | 3,437,000 | 2,391,000 | 1,488,000 | 717,000 | 2,447,000 | 1,935,000 | 1,347,000 | 633,000 | 4,070,000 | 3,686,000 | 3,335,000 | 1,829,000 | 992,000 | |||||||||||||||||||||||||||||||
non-gaap gross profit | 1,317,000 | 34,569,000 | 155,348,000 | 111,915,000 | 70,480,000 | 31,127,000 | 90,248,000 | 52,792,000 | 25,173,000 | 8,661,000 | 86,146,000 | 57,143,000 | 37,286,000 | 17,127,000 | 70,861,000 | |||||||||||||||||||||||||||||||
gaap operating expenses | -2,629,000 | 40,307,000 | 139,118,000 | 96,424,000 | 59,811,000 | 27,301,000 | 94,530,000 | 66,545,000 | 42,176,000 | 21,050,000 | 74,478,000 | 53,752,000 | 35,605,000 | 16,778,000 | 64,265,000 | |||||||||||||||||||||||||||||||
acquisition related expenses | -512,000 | -960,000 | -194,000 | -648,000 | -648,000 | -28,000 | -28,000 | -28,000 | -28,000 | |||||||||||||||||||||||||||||||||||||
intangible assets amortization | 173,000 | -86,000 | -433,000 | -336,000 | -238,000 | -119,000 | -712,000 | -622,000 | -251,000 | -135,000 | -757,000 | -532,000 | -308,000 | -129,000 | -964,000 | |||||||||||||||||||||||||||||||
non-gaap operating expenses | -3,969,000 | 35,245,000 | 125,052,000 | 86,675,000 | 53,792,000 | 24,642,000 | 85,030,000 | 59,374,000 | 38,215,000 | 19,160,000 | 67,968,000 | 49,372,000 | 32,964,000 | 15,514,000 | 58,151,000 | |||||||||||||||||||||||||||||||
gaap financial income | -2,117,000 | 2,416,000 | 2,065,000 | 3,498,000 | 4,427,000 | 2,797,000 | 2,205,000 | 3,313,000 | 1,127,000 | 545,000 | -4,000 | |||||||||||||||||||||||||||||||||||
foreign exchange losses associated with asc 842 | 2,201,000 | -649,000 | 336,000 | -302,000 | 1,320,000 | 28,000 | -82,000 | -610,000 | 250,000 | 780,000 | 538,000 | 335,000 | ||||||||||||||||||||||||||||||||||
non-gaap financial income | 84,000 | 2,935,000 | 2,001,000 | 1,263,000 | 4,818,000 | 4,455,000 | 2,715,000 | 1,595,000 | 3,563,000 | 1,907,000 | 1,083,000 | 331,000 | ||||||||||||||||||||||||||||||||||
gaap taxes on income | 969,000 | 91,000 | -135,000 | 1,162,000 | 896,000 | 75,000 | 1,552,000 | -577,000 | -927,000 | -763,000 | 744,000 | 6,000 | 20,000 | 105,000 | -5,392,000 | |||||||||||||||||||||||||||||||
tax effect on to the above non-gaap adjustments | 142,000 | 327,000 | 302,000 | -1,954,000 | 165,000 | 191,000 | 706,000 | 346,000 | -180,000 | -82,000 | 1,021,000 | 933,000 | 871,000 | 489,000 | 472,000 | |||||||||||||||||||||||||||||||
deferred tax benefit based on an israeli statutory tax rate | -639,000 | -110,000 | -3,035,000 | -1,360,000 | -807,000 | -460,000 | -165,000 | |||||||||||||||||||||||||||||||||||||||
non-gaap taxes on income | 472,000 | 308,000 | -2,868,000 | -2,152,000 | 475,000 | 18,000 | 999,000 | 379,000 | -92,000 | 1,000 | 2,153,000 | 1,746,000 | 1,351,000 | 759,000 | 1,021,000 | |||||||||||||||||||||||||||||||
gaap net income | 444,000 | -5,197,000 | 15,527,000 | 14,573,000 | 10,701,000 | 5,099,000 | -4,783,000 | -10,684,000 | -14,626,000 | -10,054,000 | 10,167,000 | 826,000 | -1,129,000 | -1,589,000 | 12,429,000 | |||||||||||||||||||||||||||||||
tax effect of the above non-gaap adjustments | -327,000 | -302,000 | ||||||||||||||||||||||||||||||||||||||||||||
deferred tax benefit at the israeli statutory tax rate | 639,000 | 110,000 | 3,035,000 | |||||||||||||||||||||||||||||||||||||||||||
non-gaap net income | 4,898,000 | 166,000 | 36,099,000 | 29,725,000 | 18,214,000 | 7,730,000 | 9,037,000 | -2,506,000 | -10,235,000 | -8,905,000 | 19,588,000 | 7,932,000 | 4,054,000 | 1,185,000 | 13,122,000 | |||||||||||||||||||||||||||||||
gaap diluted earnings per share | 220 | 110 | -110 | -260 | -360 | |||||||||||||||||||||||||||||||||||||||||
non-gaap diluted earnings per share | 380 | 160 | 210 | -60 | -250 | |||||||||||||||||||||||||||||||||||||||||
weighted average number of shares | ||||||||||||||||||||||||||||||||||||||||||||||
shares used in computing gaap diluted net earnings per share | 47,709,429,000 | 47,568,215,000 | 42,286,275,000 | 41,059,090,000 | 40,817,593,000 | |||||||||||||||||||||||||||||||||||||||||
shares used in computing non-gaap diluted net earnings per share | 47,941,113,000 | 47,692,101,000 | 43,712,110,000 | 41,059,090,000 | 40,817,593,000 | |||||||||||||||||||||||||||||||||||||||||
cost of product revenues | -19,000 | 449,000 | 1,355,000 | 1,000,000 | 619,000 | 299,000 | 1,056,000 | 772,000 | 491,000 | 214,000 | 632,000 | 419,000 | 237,000 | 108,000 | 494,000 | |||||||||||||||||||||||||||||||
cost of service revenues | -39,000 | 385,000 | 1,105,000 | 750,000 | 499,000 | 233,000 | 771,000 | 568,000 | 360,000 | 150,000 | 520,000 | 374,000 | 230,000 | 114,000 | 398,000 | |||||||||||||||||||||||||||||||
research and development | 247,000 | 1,189,000 | 2,685,000 | 1,810,000 | 1,071,000 | 502,000 | 1,712,000 | 1,243,000 | 780,000 | 344,000 | 1,294,000 | 934,000 | 600,000 | 255,000 | 1,022,000 | |||||||||||||||||||||||||||||||
sales and marketing | 877,000 | 1,809,000 | ||||||||||||||||||||||||||||||||||||||||||||
general and administrative | 108,000 | 1,466,000 | 4,983,000 | 3,758,000 | 2,377,000 | 966,000 | 3,604,000 | 2,635,000 | 1,618,000 | 759,000 | 2,479,000 | 1,725,000 | 1,040,000 | 508,000 | 2,392,000 | |||||||||||||||||||||||||||||||
selling and marketing | 5,005,000 | 3,651,000 | 2,333,000 | 1,072,000 | 2,893,000 | 2,150,000 | 1,381,000 | 641,000 | 1,689,000 | 1,132,000 | 636,000 | 315,000 | 1,240,000 | |||||||||||||||||||||||||||||||||
operating lease liabilities | -415,000 | -800,000 | ||||||||||||||||||||||||||||||||||||||||||||
increase (decrease) in cash and cash equivalents | 20,538,000 | -4,317,000 | ||||||||||||||||||||||||||||||||||||||||||||
tax effect ofthe above non-gaap adjustments | ||||||||||||||||||||||||||||||||||||||||||||||
gaap diluted earning (loss) per share | -100 | 320 | 300 | -30 | -50 | 350 | ||||||||||||||||||||||||||||||||||||||||
non-gaap diluted earning (loss) per share | 620 | |||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of shares | ||||||||||||||||||||||||||||||||||||||||||||||
shares used in computing gaap diluted net earning (loss) per share | 49,658,028,000 | 48,600,095,000 | 47,846,077,000 | 35,547,223,000 | 35,127,377,000 | 35,363,704,000 | ||||||||||||||||||||||||||||||||||||||||
shares used in computing non-gaap diluted net earning (loss) per share | 50,955,776,000 | 48,836,435,000 | 48,082,118,000 | |||||||||||||||||||||||||||||||||||||||||||
proceeds from (investment in) bank deposits | -4,500,000 | -22,000,000 | -11,000,000 | |||||||||||||||||||||||||||||||||||||||||||
loss from sale and disposal of property plant and equipment | ||||||||||||||||||||||||||||||||||||||||||||||
investing in equity securities | ||||||||||||||||||||||||||||||||||||||||||||||
gaap financial income (expenses) | 1,799,000 | 2,599,000 | 2,635,000 | |||||||||||||||||||||||||||||||||||||||||||
non-gaap financial income | 1,150,000 | |||||||||||||||||||||||||||||||||||||||||||||
non-gaap diluted earning per share | 740 | -220 | 490 | 200 | 110 | 30 | 370 | |||||||||||||||||||||||||||||||||||||||
realized gain on sale of marketable securities | 3,000 | -32,000 | -503,000 | -503,000 | -102,000 | 0 | -102,000 | -271,000 | -271,000 | -34,000 | -29,000 | |||||||||||||||||||||||||||||||||||
coronavirus one time impact | ||||||||||||||||||||||||||||||||||||||||||||||
foreign currency translation loss on inter company balances with foreign subsidiaries | 0 | 293,000 | -339,000 | -798,000 | -113,000 | 596,000 | 409,000 | 403,000 | ||||||||||||||||||||||||||||||||||||||
investment in (proceeds from) bank deposits | 215,636,000 | -16,299,000 | ||||||||||||||||||||||||||||||||||||||||||||
payment of deferred issuance cost | -739,000 | -981,000 | -368,000 | |||||||||||||||||||||||||||||||||||||||||||
acquisition costs on credit | 73,000 | 204,000 | ||||||||||||||||||||||||||||||||||||||||||||
deposits and long-term assets | -131,000 | -10,000 | ||||||||||||||||||||||||||||||||||||||||||||
foreign currency translation gain on intercompany balances with foreign subsidiaries | ||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale marketable securities | ||||||||||||||||||||||||||||||||||||||||||||||
payment of contingent consideration | -303,000 | -303,000 | -303,000 | -303,000 | -900,000 | -900,000 | 0 | -900,000 | -900,000 | -1,400,000 | -1,400,000 | 0 | -1,400,000 | -1,400,000 | ||||||||||||||||||||||||||||||||
non-gaap financial income (expenses) | 2,333,000 | |||||||||||||||||||||||||||||||||||||||||||||
other receivables and prepaid expenses | -1,853,000 | |||||||||||||||||||||||||||||||||||||||||||||
other long term assets | -76,000 | |||||||||||||||||||||||||||||||||||||||||||||
payables and accrued expenses | 10,479,000 | |||||||||||||||||||||||||||||||||||||||||||||
severance pay | 108,000 | |||||||||||||||||||||||||||||||||||||||||||||
other long term liabilities | 1,256,000 | 624,000 | 386,000 | |||||||||||||||||||||||||||||||||||||||||||
sale of property and equipment | ||||||||||||||||||||||||||||||||||||||||||||||
foreign currency translation income on inter company balances with foreign subsidiaries | -362,000 | -294,000 | 183,000 | 310,000 | 212,000 | 684,000 | 11,000 | 193,000 | 389,000 | 340,000 | ||||||||||||||||||||||||||||||||||||
purchase of property and equipment | -9,422,000 | -13,489,000 | -10,758,000 | -8,511,000 | -4,936,000 | -3,575,000 | -5,416,000 | -4,065,000 | -1,964,000 | -654,000 | -7,294,000 | -4,906,000 | 0 | -1,244,000 | -482,000 | -5,660,000 | -4,500,000 | 0 | -3,431,000 | -895,000 | -5,462,000 | -4,487,000 | -1,533,000 | -736,000 | -1,861,000 | -1,052,000 | -773,000 | -340,000 | ||||||||||||||||||
capitalization of software development costs | 40,000 | 112,000 | 151,000 | 87,000 | ||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of property and equipment | 4,000 | 4,000 | 4,000 | 0 | 4,000 | 3,000 | 3,000 | 6,000 | 6,000 | 8,000 | 8,000 | |||||||||||||||||||||||||||||||||||
issuance expenses on credit | 739,000 | 648,000 | 300,000 | |||||||||||||||||||||||||||||||||||||||||||
loss from sale and disposal of property and equipment | 139,000 | 75,000 | 75,000 | 0 | 75,000 | 23,000 | ||||||||||||||||||||||||||||||||||||||||
covid-19 one time impact | -520,000 | -520,000 | -446,000 | -244,000 | ||||||||||||||||||||||||||||||||||||||||||
foreign exchange gain associated with asc 842 | -415,000 | -802,000 | ||||||||||||||||||||||||||||||||||||||||||||
taxes on income | -586,000 | -248,000 | -1,259,000 | 610,000 | ||||||||||||||||||||||||||||||||||||||||||
deferred taxes on income | 586,000 | 248,000 | 1,259,000 | -610,000 | -1,015,000 | -846,000 | -388,000 | |||||||||||||||||||||||||||||||||||||||
operating leases right-of-use assets | -104,000 | -56,000 | ||||||||||||||||||||||||||||||||||||||||||||
investment in short-term bank deposits | -10,132,000 | -18,855,000 | ||||||||||||||||||||||||||||||||||||||||||||
property and equipment transferred to be used as inventory | 3,000 | 3,000 | 115,000 | 51,000 | 51,000 | 106,000 | 106,000 | 106,000 | ||||||||||||||||||||||||||||||||||||||
amortization of discount on marketable securities | -817,000 | 395,000 | 248,000 | 165,000 | ||||||||||||||||||||||||||||||||||||||||||
excess cost of product on acquired inventory | -2,790,000 | -2,790,000 | -2,790,000 | -1,554,000 | ||||||||||||||||||||||||||||||||||||||||||
decrease in trade receivables | -9,529,000 | 616,000 | -6,769,000 | 7,385,000 | -18,617,000 | 1,069,000 | -7,584,000 | 0 | -10,141,000 | -2,270,000 | 0 | 2,894,000 | 7,226,000 | -7,726,000 | -380,000 | |||||||||||||||||||||||||||||||
increase in other receivables and prepaid expenses | -2,333,000 | -1,204,000 | -2,109,000 | -269,000 | -529,000 | -339,000 | ||||||||||||||||||||||||||||||||||||||||
increase in inventory | -15,827,000 | 4,298,000 | -9,503,000 | -8,652,000 | -5,936,000 | -6,061,000 | -4,739,000 | -5,003,000 | -2,612,000 | |||||||||||||||||||||||||||||||||||||
increase in operating leases right-of-use assets | -56,000 | |||||||||||||||||||||||||||||||||||||||||||||
decrease in deferred taxes | 2,177,000 | -823,000 | -1,384,000 | -646,000 | -6,665,000 | -219,000 | ||||||||||||||||||||||||||||||||||||||||
decrease in other long term assets | 54,000 | 38,000 | -82,000 | 5,000 | 386,000 | 204,000 | 210,000 | -121,000 | -88,000 | -97,000 | -45,000 | 194,000 | 149,000 | -356,000 | -13,000 | -68,000 | ||||||||||||||||||||||||||||||
increase in trade payables | 6,864,000 | 571,000 | -9,891,000 | -8,387,000 | -1,504,000 | 6,032,000 | 3,782,000 | 2,668,000 | 4,394,000 | -233,000 | -2,192,000 | -2,060,000 | 2,819,000 | 1,449,000 | -1,680,000 | 7,036,000 | 3,101,000 | 3,120,000 | 1,890,000 | |||||||||||||||||||||||||||
increase in operating lease liabilities | 1,321,000 | 29,000 | -82,000 | 527,000 | -609,000 | 898,000 | 780,000 | 538,000 | 335,000 | |||||||||||||||||||||||||||||||||||||
increase in employees and payroll accruals | 6,366,000 | 4,318,000 | 335,000 | 688,000 | -353,000 | 1,423,000 | -783,000 | 1,126,000 | 1,621,000 | 521,000 | 0 | 759,000 | 342,000 | 360,000 | -194,000 | -833,000 | 254,000 | 1,550,000 | 199,000 | -260,000 | 1,435,000 | 1,486,000 | 687,000 | 620,000 | ||||||||||||||||||||||
increase in deferred revenues and advances from customers | 24,286,000 | 7,663,000 | -921,000 | -1,774,000 | -1,321,000 | 1,981,000 | 289,000 | 0 | 412,000 | 304,000 | 675,000 | 298,000 | -358,000 | |||||||||||||||||||||||||||||||||
increase in other payables and accrued expenses | 4,822,000 | 2,120,000 | 432,000 | 792,000 | -360,000 | 3,588,000 | 1,654,000 | 952,000 | 347,000 | 548,000 | 791,000 | 0 | 203,000 | 887,000 | 754,000 | 0 | 122,000 | 836,000 | 1,944,000 | 2,061,000 | 852,000 | 223,000 | 729,000 | 338,000 | 664,000 | |||||||||||||||||||||
increase in accrued severance pay | 143,000 | 81,000 | 63,000 | 92,000 | -29,000 | 26,000 | 46,000 | 7,000 | -1,000 | 198,000 | 0 | 109,000 | -80,000 | 242,000 | 0 | 28,000 | 32,000 | -45,000 | -2,000 | -8,000 | -51,000 | |||||||||||||||||||||||||
decrease in other long term liabilities | -877,000 | -143,000 | -130,000 | |||||||||||||||||||||||||||||||||||||||||||
cash paid in connection with acquisition | -15,535,000 | -15,059,000 | -4,715,000 | -4,715,000 | -4,715,000 | -4,715,000 | -9,206,000 | -9,206,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | ||||||||||||||||||||||||||||||||||
increase in bank deposits | -129,804,000 | -89,000,000 | -77,000,000 | -9,000,000 | ||||||||||||||||||||||||||||||||||||||||||
purchase of marketable securities | -35,923,000 | -18,542,000 | -18,542,000 | -9,801,000 | -8,741,000 | -115,529,000 | -44,599,000 | -44,599,000 | -44,599,000 | -22,723,000 | -16,680,000 | 0 | -6,130,000 | -2,349,000 | -83,183,000 | -79,255,000 | 0 | -70,648,000 | -48,128,000 | -11,455,000 | -9,564,000 | -7,131,000 | -3,509,000 | -35,518,000 | -27,428,000 | |||||||||||||||||||||
proceeds from secondary offering | 162,720,000 | 162,720,000 | 129,710,000 | 129,710,000 | 130,379,000 | 36,052,000 | 35,630,000 | |||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||
increase in trade receivables | -7,933,000 | -12,163,000 | -4,141,000 | -730,000 | -9,258,000 | -6,730,000 | -3,560,000 | -13,117,000 | -1,491,000 | |||||||||||||||||||||||||||||||||||||
decrease in other receivables and prepaid expenses | -1,615,000 | -844,000 | 135,000 | -979,000 | 750,000 | 1,282,000 | -3,135,000 | 0 | -522,000 | 417,000 | -396,000 | 0 | 747,000 | -411,000 | 491,000 | -1,595,000 | -1,556,000 | -1,252,000 | ||||||||||||||||||||||||||||
decrease in inventory | -9,529,000 | -5,205,000 | -4,183,000 | -1,525,000 | -1,603,000 | 4,037,000 | 8,919,000 | 9,044,000 | 4,915,000 | |||||||||||||||||||||||||||||||||||||
increase in other long term liabilities | 48,000 | -136,000 | -210,000 | -198,000 | 867,000 | 155,000 | 175,000 | 34,000 | 501,000 | 369,000 | 236,000 | 388,000 | ||||||||||||||||||||||||||||||||||
decrease in bank deposits | 43,192,000 | 15,196,000 | 13,850,000 | -90,000,000 | -500,000 | |||||||||||||||||||||||||||||||||||||||||
tax benefit | 1,015,000 | 846,000 | 388,000 | 807,000 | 460,000 | 165,000 | 5,941,000 | |||||||||||||||||||||||||||||||||||||||
decrease in deferred revenues and advances from customers | -107,000 | -12,000 | -95,000 | |||||||||||||||||||||||||||||||||||||||||||
increase in deferred taxes | -278,000 | -1,106,000 | -1,885,000 | -186,000 | -25,000 | -309,000 | -641,000 | -183,000 | -368,000 | -132,000 | -3,000 | |||||||||||||||||||||||||||||||||||
decrease in other long-term assets | ||||||||||||||||||||||||||||||||||||||||||||||
decrease in other long-term liabilities | ||||||||||||||||||||||||||||||||||||||||||||||
gaap diluted earning per share | -250 | 260 | 20 | |||||||||||||||||||||||||||||||||||||||||||
shares used in computing gaap diluted net earning per share | 40,762,688,000 | 39,500,305,000 | 38,584,788,000 | |||||||||||||||||||||||||||||||||||||||||||
shares used in computing non-gaap diluted net earning per share | 40,762,688,000 | 39,751,470,000 | 38,753,127,000 | 36,976,062,000 | 36,431,015,000 | 35,626,160,000 | ||||||||||||||||||||||||||||||||||||||||
amortization of premium (discount) on marketable securities | 89,000 | -112,000 | -119,000 | -84,000 | -34,000 | |||||||||||||||||||||||||||||||||||||||||
offering costs | -175,000 | |||||||||||||||||||||||||||||||||||||||||||||
decrease in inventories | ||||||||||||||||||||||||||||||||||||||||||||||
decrease in other deposits and long-term assets | ||||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in trade receivables | -23,344,000 | 9,081,000 | ||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in other receivables and prepaid expenses | 405,000 | 1,100,000 | ||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in inventory | -1,107,000 | -10,629,000 | -11,631,000 | |||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in deferred taxes | -632,000 | -125,000 | ||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in other long term assets | 204,000 | -10,000 | ||||||||||||||||||||||||||||||||||||||||||||
increase (decrease) in trade payables | 447,000 | -3,635,000 | -1,538,000 | -1,709,000 | ||||||||||||||||||||||||||||||||||||||||||
increase (decrease) in employees and payroll accruals | 1,184,000 | -739,000 | ||||||||||||||||||||||||||||||||||||||||||||
increase (decrease) in deferred revenues and advances from customers | -1,123,000 | -31,000 | ||||||||||||||||||||||||||||||||||||||||||||
increase (decrease) in other long term liabilities | -123,000 | 203,000 | ||||||||||||||||||||||||||||||||||||||||||||
loss from sale of property and equipment | 1,000 | 228,000 | 228,000 | 0 | 29,000 | 9,000 | ||||||||||||||||||||||||||||||||||||||||
decrease in accrued severance pay | -37,000 | 42,000 | ||||||||||||||||||||||||||||||||||||||||||||
impact of the us tax reform | ||||||||||||||||||||||||||||||||||||||||||||||
amortization of premium on marketable securities | 388,000 | 339,000 | 0 | 241,000 | 117,000 | 546,000 | 404,000 | 277,000 | 218,000 | |||||||||||||||||||||||||||||||||||||
net cash provided by operating activities | 33,368,000 | |||||||||||||||||||||||||||||||||||||||||||||
tax benefit related to exercise of stock options | -71,000 | |||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in inventories | ||||||||||||||||||||||||||||||||||||||||||||||
increase in other deposits and long-term assets | ||||||||||||||||||||||||||||||||||||||||||||||
increase (decrease) in other payables and accrued expenses | -461,000 | -112,000 | ||||||||||||||||||||||||||||||||||||||||||||
increase (decrease) in accrued severance pay | 208,000 | 23,000 | ||||||||||||||||||||||||||||||||||||||||||||
increase in other long-term liabilities | ||||||||||||||||||||||||||||||||||||||||||||||
loss from sale of property, plant and equipment | ||||||||||||||||||||||||||||||||||||||||||||||
payment of issuance cost related to warrants | -90,000 | |||||||||||||||||||||||||||||||||||||||||||||
assets | ||||||||||||||||||||||||||||||||||||||||||||||
current assets: | ||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 14,099,000 | 17,223,000 | 14,782,000 | 18,629,000 | 14,290,000 | 25,707,000 | 15,770,000 | 22,789,000 | 18,477,000 | 11,309,000 | 14,428,000 | 18,464,000 | 37,377,000 | 80,426,000 | 4,591,000 | |||||||||||||||||||||||||||||||
short-term bank deposit | 9,500,000 | 7,500,000 | 7,500,000 | |||||||||||||||||||||||||||||||||||||||||||
marketable securities | 22,048,000 | 10,657,000 | 9,890,000 | |||||||||||||||||||||||||||||||||||||||||||
other accounts receivable and prepaid expenses | 4,750,000 | 3,153,000 | 2,239,000 | |||||||||||||||||||||||||||||||||||||||||||
total current assets | 106,229,000 | 96,818,000 | 89,533,000 | 89,427,000 | 90,902,000 | 93,428,000 | 89,552,000 | 98,784,000 | 86,839,000 | 88,505,000 | 86,023,000 | 87,039,000 | 87,441,000 | 108,162,000 | 29,745,000 | |||||||||||||||||||||||||||||||
long-term assets: | ||||||||||||||||||||||||||||||||||||||||||||||
deposits and prepaid expenses | 712,000 | 674,000 | ||||||||||||||||||||||||||||||||||||||||||||
severance pay fund | 377,000 | 537,000 | 530,000 | 523,000 | 503,000 | 599,000 | 641,000 | 768,000 | 1,147,000 | 1,175,000 | 1,125,000 | 1,121,000 | 1,198,000 | 1,198,000 | ||||||||||||||||||||||||||||||||
deferred tax asset | 622,000 | 805,000 | 884,000 | 564,000 | 1,080,000 | |||||||||||||||||||||||||||||||||||||||||
property and equipment | 14,023,000 | 10,994,000 | 11,387,000 | 11,230,000 | 10,565,000 | 11,204,000 | 10,311,000 | 9,247,000 | 8,337,000 | 6,070,000 | 4,844,000 | 4,778,000 | 4,097,000 | 3,788,000 | 3,818,000 | |||||||||||||||||||||||||||||||
intangible assets | 1,277,000 | 1,543,000 | 1,809,000 | 2,076,000 | 2,367,000 | 2,658,000 | 910,000 | 966,000 | 1,023,000 | 1,079,000 | 1,136,000 | 1,189,000 | ||||||||||||||||||||||||||||||||||
goodwill | 5,092,000 | 5,092,000 | 5,092,000 | 5,092,000 | 5,092,000 | 5,092,000 | ||||||||||||||||||||||||||||||||||||||||
total long-term assets | 87,381,000 | 87,034,000 | 86,436,000 | 88,947,000 | 88,716,000 | 81,549,000 | 86,082,000 | 41,262,000 | 45,347,000 | 35,726,000 | 35,551,000 | 36,387,000 | 28,894,000 | 6,466,000 | 9,011,000 | |||||||||||||||||||||||||||||||
total assets | 193,610,000 | 183,852,000 | 175,969,000 | 178,374,000 | 179,618,000 | 174,977,000 | 175,634,000 | 140,046,000 | 132,186,000 | 124,231,000 | 121,574,000 | 123,426,000 | 116,335,000 | 114,628,000 | 38,756,000 | |||||||||||||||||||||||||||||||
liabilities and shareholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||
current liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||
total current liabilities | 26,398,000 | 23,931,000 | 21,423,000 | 25,520,000 | 28,217,000 | 26,201,000 | 30,596,000 | 30,133,000 | 26,228,000 | 20,259,000 | 18,292,000 | 21,251,000 | 17,138,000 | 17,921,000 | 17,174,000 | |||||||||||||||||||||||||||||||
long-term liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||
payment obligation related to acquisition | 334,000 | 323,000 | 312,000 | 300,000 | 1,070,000 | 1,030,000 | ||||||||||||||||||||||||||||||||||||||||
total long-term liabilities | 2,028,000 | 2,119,000 | 1,782,000 | 2,155,000 | 2,456,000 | 2,197,000 | 2,098,000 | 2,725,000 | 2,594,000 | 1,815,000 | 1,912,000 | 1,913,000 | 1,982,000 | 2,075,000 | 1,982,000 | |||||||||||||||||||||||||||||||
shareholders’ equity | 165,184,000 | 157,802,000 | 150,699,000 | |||||||||||||||||||||||||||||||||||||||||||
total liabilities and shareholders’ equity | 193,610,000 | 183,852,000 | 178,374,000 | |||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from (used by) operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||
warrants to customers | ||||||||||||||||||||||||||||||||||||||||||||||
change in deferred taxes | ||||||||||||||||||||||||||||||||||||||||||||||
decrease in other assets | ||||||||||||||||||||||||||||||||||||||||||||||
decrease in trade payables | -5,146,000 | -209,000 | ||||||||||||||||||||||||||||||||||||||||||||
investments in bank deposits | ||||||||||||||||||||||||||||||||||||||||||||||
cash flows provided by financing activities: | ||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of ordinary shares in a follow-on offering | ||||||||||||||||||||||||||||||||||||||||||||||
proceeds from follow on offering | ||||||||||||||||||||||||||||||||||||||||||||||
liabilities and shareholders' equity | ||||||||||||||||||||||||||||||||||||||||||||||
shareholders' equity | 152,764,000 | 148,945,000 | 146,579,000 | 142,940,000 | 107,188,000 | 103,364,000 | 102,157,000 | 101,370,000 | 100,262,000 | 97,215,000 | 94,632,000 | 19,600,000 | ||||||||||||||||||||||||||||||||||
total liabilities and shareholders' equity | 175,969,000 | 179,618,000 | 174,977,000 | 175,634,000 | 140,046,000 | 132,186,000 | 124,231,000 | 121,574,000 | 123,426,000 | 116,335,000 | 114,628,000 | 38,756,000 | ||||||||||||||||||||||||||||||||||
short term deposit | 4,500,000 | |||||||||||||||||||||||||||||||||||||||||||||
available for sale marketable securities | 5,537,000 | 3,709,000 | 2,657,000 | 15,344,000 | 16,500,000 | 12,069,000 | 10,052,000 | 8,334,000 | 4,527,000 | 3,543,000 | ||||||||||||||||||||||||||||||||||||
other assets | 627,000 | 631,000 | 1,041,000 | 1,062,000 | 1,046,000 | 2,145,000 | 716,000 | 607,000 | 309,000 | 292,000 | 344,000 | 443,000 | ||||||||||||||||||||||||||||||||||
foreign currency translation gain on inter company balances with foreign subsidiaries | -916,000 | -588,000 | 391,000 | -138,000 | -82,000 | -385,000 | ||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of ordinary shares in a follow on offering | 35,077,000 | 35,077,000 | ||||||||||||||||||||||||||||||||||||||||||||
increase in other long-term assets | ||||||||||||||||||||||||||||||||||||||||||||||
increase in other long term assets | -15,000 | -282,000 | -33,000 | -49,000 | -100,000 | |||||||||||||||||||||||||||||||||||||||||
increase in deferred revenues | 217,000 | -692,000 | 203,000 | -820,000 | -1,281,000 | -275,000 | ||||||||||||||||||||||||||||||||||||||||
proceeds from bank deposits | 22,000,000 | 22,000,000 | 3,999,000 | 1,999,000 | ||||||||||||||||||||||||||||||||||||||||||
customer incentive warrants deducted from revenues | ||||||||||||||||||||||||||||||||||||||||||||||
increase in inventories | -4,610,000 | -3,361,000 | -1,737,000 | -1,348,000 | ||||||||||||||||||||||||||||||||||||||||||
decrease in employees and payroll accruals | ||||||||||||||||||||||||||||||||||||||||||||||
kornit digital ltd. | ||||||||||||||||||||||||||||||||||||||||||||||
and its subsidiaries | ||||||||||||||||||||||||||||||||||||||||||||||
consolidated statements of cash flows | ||||||||||||||||||||||||||||||||||||||||||||||
goodwill and intangible assets | 8,041,000 | 8,477,000 | 8,720,000 | |||||||||||||||||||||||||||||||||||||||||||
liabilities and equity | ||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net loss to net cash (used in) provided by operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||
amortization of premium and accretion of discount on available for sale marketable securities | 132,000 | 448,000 | 338,000 | |||||||||||||||||||||||||||||||||||||||||||
accretion of payment obligation | 41,000 | 180,000 | 90,000 | |||||||||||||||||||||||||||||||||||||||||||
changes in deferred taxes | -164,000 | 335,000 | -62,000 | -76,000 | -58,000 | |||||||||||||||||||||||||||||||||||||||||
decrease in deferred revenues | -1,082,000 | -11,000 | ||||||||||||||||||||||||||||||||||||||||||||
net cash (used in) provided by operating activities | 2,545,000 | |||||||||||||||||||||||||||||||||||||||||||||
non-cash investing activities: | ||||||||||||||||||||||||||||||||||||||||||||||
non-cash issuance expenses | 560,000 | 1,052,000 | 481,000 | |||||||||||||||||||||||||||||||||||||||||||
short term bank deposits | 18,001,000 | 20,001,000 | 22,000,000 | 11,000,000 | ||||||||||||||||||||||||||||||||||||||||||
changes in deferred income taxes | -181,000 | |||||||||||||||||||||||||||||||||||||||||||||
proceeds from initial public offering | 74,180,000 | 74,180,000 | 75,232,000 | |||||||||||||||||||||||||||||||||||||||||||
increase in other assets | -201,000 | |||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash provided by (used in) operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||
realized gain on sale of available-for-sale marketable securities | ||||||||||||||||||||||||||||||||||||||||||||||
amortization of premium and accretion of discount on available-for-sale marketable securities | ||||||||||||||||||||||||||||||||||||||||||||||
proceeds from maturity of available-for-sale marketable securities | ||||||||||||||||||||||||||||||||||||||||||||||
exercise of employee share options | ||||||||||||||||||||||||||||||||||||||||||||||
loss from sale of property and equipments | 6,000 | 51,000 | ||||||||||||||||||||||||||||||||||||||||||||
decrease in amortization of premium on marketable securities | 107,000 | |||||||||||||||||||||||||||||||||||||||||||||
increase (decrease) in trade receivables | 1,399,000 | |||||||||||||||||||||||||||||||||||||||||||||
proceeds from redemption or sale of marketable securities | 1,000,000 | 1,500,000 | 1,500,000 | |||||||||||||||||||||||||||||||||||||||||||
deferred issuance costs | 2,363,000 | |||||||||||||||||||||||||||||||||||||||||||||
increase in receivable interest and amortization of premium on marketable securities | -113,000 | |||||||||||||||||||||||||||||||||||||||||||||
interest on short-term bank deposit | -53,000 | -30,000 | ||||||||||||||||||||||||||||||||||||||||||||
inventory transferred to be used as property and equipment. | 692,000 | |||||||||||||||||||||||||||||||||||||||||||||
amortization of premium on available-for-sale marketable securities | ||||||||||||||||||||||||||||||||||||||||||||||
purchase of intangible assets | ||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosure of cash flow information: | ||||||||||||||||||||||||||||||||||||||||||||||
cash paid during the year for income taxes | ||||||||||||||||||||||||||||||||||||||||||||||
available for sale long-term marketable securities | 22,305,000 | |||||||||||||||||||||||||||||||||||||||||||||
increase in accrued interest and amortization of premium on marketable securities | -43,000 | |||||||||||||||||||||||||||||||||||||||||||||
gain from sale of property and equipments | ||||||||||||||||||||||||||||||||||||||||||||||
payment of issuance costs | ||||||||||||||||||||||||||||||||||||||||||||||
(a) non-cash investing activities: | ||||||||||||||||||||||||||||||||||||||||||||||
increase in short term deposits | ||||||||||||||||||||||||||||||||||||||||||||||
increase in other accounts receivables and prepaid expenses | -672,000 | |||||||||||||||||||||||||||||||||||||||||||||
foreign currency remeasurement gain | 579,000 | |||||||||||||||||||||||||||||||||||||||||||||
decreae in cash and cash equivalents | -332,000 |
