7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2017-12-31 
      
    		                             
      assets
    		                             
      current assets:
    		                             
      cash and cash equivalents
    		90,039,000 92,904,000 104,033,000 171,987,000 124,916,000 219,972,000 131,439,000 95,002,000 119,305,000 20,127,000 36,540,000 55,408,000 28,686,000 80,690,000 105,379,000 44,360,000 55,337,000 63,322,000 40,492,000 52,864,000 24,565,000 36,350,000 26,468,000 49,688,000 66,147,000 90,424,000 246,692,000 101,318,000 36,999,000 
      marketable securities
    		36,994,000 64,050,000 91,857,000 64,698,000 124,659,000 21,106,000 32,606,000 41,966,000 28,114,000 27,174,000 28,514,000 44,556,000 67,225,000 31,048,000 31,065,000 44,779,000 50,872,000 57,710,000 35,417,000 49,154,000 95,058,000 88,773,000 92,623,000 97,389,000 92,046,000 98,739,000    
      restricted cash
    		1,347,000 1,082,000 1,076,000 1,076,000 1,073,000 825,000 823,000 821,000 817,000 816,000 814,000 813,000 812,000 811,000 550,000 1,226,000 1,226,000 1,225,000 1,225,000 1,226,000 1,224,000 1,224,000 1,223,000 523,000      
      accounts receivable
    		19,703,000 19,649,000 19,638,000 20,302,000 22,802,000 17,415,000 14,158,000 15,443,000 12,847,000 15,505,000 12,493,000 12,704,000 9,429,000 11,595,000 9,499,000 11,717,000 7,784,000 9,512,000 6,301,000 7,047,000 2,810,000 402,000        
      inventories
    		8,341,000 7,128,000 7,590,000 9,227,000 7,594,000 7,442,000 7,243,000 5,673,000 5,002,000 4,988,000 5,466,000 4,325,000 4,862,000 5,047,000 4,756,000 4,832,000 3,808,000 3,421,000            
      prepaid expenses and other current assets
    		12,122,000 12,055,000 12,983,000 8,845,000 14,053,000 12,208,000 10,491,000 10,281,000 16,038,000 12,723,000 12,146,000 11,101,000 10,580,000 10,433,000     6,316,000 3,364,000 4,335,000 2,069,000 1,552,000 1,034,000 1,160,000 1,724,000 1,196,000 672,000 958,000 
      total current assets
    		168,546,000 196,868,000 237,177,000 276,135,000 295,097,000 278,968,000 196,760,000 169,186,000 182,123,000 81,333,000 95,973,000 128,907,000 121,594,000 139,624,000 160,524,000 114,390,000 125,140,000 140,498,000 93,082,000 115,619,000 129,338,000 129,943,000 121,866,000 148,634,000 159,876,000 191,194,000 248,295,000 102,243,000 74,472,000 
      non-current assets:
    		                             
      property and equipment
    		695,000 688,000 627,000 655,000 608,000 580,000 566,000 689,000 823,000 910,000 1,103,000 1,297,000 1,519,000 1,605,000 1,777,000 1,967,000 1,978,000 2,001,000 2,142,000 2,046,000 1,725,000 1,401,000 991,000 977,000 893,000 909,000 929,000 948,000 805,000 
      restricted deposit
    		177,000 177,000 176,000 176,000 175,000 175,000 226,000 225,000 225,000 224,000 224,000 223,000 223,000 223,000 223,000 223,000 223,000 223,000 223,000 223,000 223,000 223,000 223,000 223,000 523,000 307,000 407,000 253,000 198,000 
      right of use assets
    		8,489,000 5,551,000 4,753,000  1,052,000 1,250,000 1,443,000  1,905,000 2,107,000 2,329,000 2,452,000 2,666,000 2,116,000                
      other non-current assets
    		6,759,000 801,000 371,000 589,000 370,000 673,000 1,098,000 2,038,000 2,050,000 2,817,000 3,160,000 2,740,000 2,471,000 1,900,000 1,572,000 1,311,000 1,773,000 1,103,000 66,000 66,000 55,000  279,000 264,000 2,423,000 2,557,000 2,777,000 317,000 244,000 
      total assets
    		185,046,000 208,717,000 247,618,000 285,711,000 301,943,000 281,849,000 200,574,000 178,311,000 193,633,000 95,361,000 112,954,000 135,619,000 128,473,000 146,141,000 165,715,000 119,746,000 134,603,000 153,768,000 97,414,000 122,005,000 139,893,000 161,077,000 166,929,000 202,388,000 226,753,000 238,566,000 252,052,000 103,559,000 75,550,000 
      liabilities and shareholders' deficit
    		                             
      current liabilities:
    		                             
      accounts payable and accrued expenses
    		26,173,000 30,962,000 30,322,000 27,431,000 19,685,000 23,754,000 18,158,000 16,538,000 14,083,000 16,403,000 17,130,000 12,383,000 9,356,000 8,647,000  12,102,000   10,558,000 10,023,000 8,492,000 9,203,000 8,500,000 11,186,000 7,880,000 7,071,000 5,942,000 8,540,000 4,435,000 
      employee related accrued expenses
    		11,114,000 11,646,000 6,967,000 10,570,000 9,029,000 6,849,000 4,985,000 10,814,000 8,152,000 6,721,000 4,919,000 8,257,000 6,625,000 6,428,000  6,948,000   4,712,000 9,554,000 7,791,000 5,744,000 4,075,000 6,711,000 5,082,000 3,706,000 3,334,000 4,925,000 1,950,000 
      other current liabilities
    		4,957,000 4,940,000 4,711,000 7,948,000 4,073,000 3,620,000 3,197,000 3,860,000 3,553,000 3,641,000 3,185,000 3,276,000 3,018,000 2,965,000 4,009,000 3,330,000 2,268,000 1,941,000 1,735,000 1,859,000 1,335,000 1,476,000 1,632,000 1,585,000 1,126,000 1,067,000 1,001,000   
      total current liabilities:
    		42,244,000 47,548,000 42,000,000 45,949,000 32,787,000 34,223,000 26,340,000 31,212,000 25,788,000 26,765,000 25,234,000 23,916,000 18,999,000 18,040,000 19,091,000 22,380,000 19,806,000 19,056,000 17,005,000 21,436,000 17,618,000         
      non-current liabilities:
    		                             
      prepaid forward obligation
    		126,067,000 124,833,000 123,336,000 121,387,000 118,526,000 115,880,000 112,947,000 109,722,000 107,276,000 104,507,000 101,912,000 98,923,000 96,192,000 93,461,000 89,782,000 85,713,000 79,927,000 74,802,000            
      long-term debt
    		122,111,000 122,508,000 122,108,000 121,734,000 121,709,000 97,813,000 97,590,000 98,551,000 98,518,000 98,296,000 97,941,000 97,537,000 71,870,000 71,196,000 70,797,000               
      long-term lease liabilities
    		6,241,000 3,413,000 2,841,000 1,653,000 212,000 425,000 637,000 844,000 1,026,000 1,209,000 1,403,000 1,586,000 1,856,000 1,515,000  398,000              
      uncertain tax positions liability
    		3,791,000 3,791,000 3,791,000 3,791,000 3,194,000 3,194,000 3,194,000 3,194,000 3,018,000 3,018,000 3,018,000 3,018,000 2,842,000 2,842,000 2,842,000 2,842,000 2,717,000 2,717,000 2,717,000 2,717,000          
      total liabilities
    		300,454,000 302,093,000 294,076,000 294,514,000 276,428,000 251,535,000 240,708,000 243,523,000 235,626,000 233,795,000 229,508,000 224,980,000 191,759,000 187,054,000 182,789,000 111,333,000 103,066,000 97,497,000 20,923,000 25,650,000 19,366,000 18,417,000 16,475,000 22,086,000 15,837,000 13,787,000 12,461,000 13,465,000 7,035,000 
      commitments and contingencies
    		                             
      shareholders' deficit:
    		                             
      ordinary shares, nis 0.01 par value, 100,000,000 shares authorized at september 30, 2025 and december 31, 2024; 46,781,211 and 42,231,746 shares issued and outstanding as of september 30, 2025 and december 31, 2024, respectively
    		128,000                             
      additional paid-in capital
    		817,793,000 806,497,000 803,467,000 797,248,000 793,874,000 775,270,000 671,438,000 614,035,000 611,389,000 493,109,000 490,744,000 487,787,000 485,041,000 481,485,000 478,646,000 475,698,000 470,341,000 464,823,000 458,723,000 452,525,000 445,950,000 438,999,000 415,895,000 407,986,000 399,600,000 391,233,000 383,850,000 212,921,000 115,692,000 
      accumulated deficit
    		-933,352,000 -900,005,000 -850,065,000 -806,222,000 -768,710,000 -745,037,000 -711,634,000 -679,348,000 -653,332,000 -631,453,000 -607,317,000 -577,104,000 -548,235,000 -522,404,000 -495,713,000 -467,321,000 -438,869,000 -408,658,000 -382,436,000 -356,501,000 -325,975,000 -297,159,000 -265,810,000 -228,017,000 -189,044,000 -166,792,000 -144,315,000 -122,871,000 -47,214,000 
      accumulated other comprehensive income
    		23,000 6,000 14,000 56,000 236,000 -31,000  12,000       -69,000 -25,000 4,000 45,000 143,000 271,000 492,000 760,000 311,000 276,000 303,000 281,000    
      total shareholders' deficit
    		-115,408,000 -93,376,000 -46,458,000 -8,803,000   -40,134,000 -65,212,000 -41,993,000 -138,434,000 -116,554,000                   
      total liabilities and shareholders' deficit
    		185,046,000 208,717,000 247,618,000 285,711,000   200,574,000 178,311,000 193,633,000 95,361,000 112,954,000                   
      ordinary shares, nis 0.01 par value, 100,000,000 shares authorized at june 30, 2025 and december 31, 2024; 46,199,134 and 42,231,746 shares issued and outstanding as of june 30, 2025 and december 31, 2024, respectively
    		 126,000                            
      ordinary shares, nis 0.01 par value, 100,000,000 shares authorized at march 31, 2025 and december 31, 2024; 46,101,785 and 42,231,746 shares issued and outstanding as of march 31, 2025 and december 31, 2024, respectively
    		  126,000                           
      right-of-use assets
    		   3,134,000    1,671,000                      
      ordinary shares, nis 0.01 par value; 100,000,000 shares authorized at december 31, 2024 and 2023; 42,231,746 and 32,490,119 shares issued and outstanding as of december 31, 2024 and 2023, respectively
    		   115,000                          
      liabilities and shareholders' equity
    		                             
      shareholders' equity
    		                             
      ordinary shares, nis 0.01 par value, 100,000,000 shares authorized at september 30, 2024 and december 31, 2023; 42,190,815 and 32,490,119 shares issued and outstanding as of september 30, 2024 and december 31, 2023, respectively
    		    115,000                         
      total shareholders' equity
    		    25,515,000 30,314,000       -63,286,000 -40,913,000 -17,074,000 8,413,000 31,537,000 56,271,000 76,491,000 96,355,000          
      total liabilities and shareholders' equity
    		    301,943,000 281,849,000       128,473,000 146,141,000 165,715,000 119,746,000 134,603,000 153,768,000 97,414,000 122,005,000          
      ordinary shares, nis 0.01 par value, 100,000,000 shares authorized at june 30, 2024 and december 31, 2023; 41,169,954 and 32,490,119 shares issued and outstanding as of june 30, 2024 and december 31, 2023, respectively
    		     112,000                        
      ordinary shares, nis 0.01 par value, 100,000,000 shares authorized at march 31, 2024 and december 31, 2023; 36,127,687 and 32,490,119 shares issued and outstanding as of march 31, 2024 and december 31, 2023, respectively
    		      99,000                       
      accumulated other comprehensive loss
    		      -37,000  -134,000 -154,000 -45,000 -107,000 -155,000 -56,000                
      ordinary shares, nis 0.01 par value; 100,000,000 shares authorized at december 31, 2023 and 2022; 32,490,119 and 23,129,953 shares issued and outstanding as of december 31, 2023 and 2022, respectively
    		       89,000                      
      ordinary shares, nis 0.01 par value, 100,000,000 shares authorized at september 30, 2023 and december 31, 2022; 30,854,778 and 23,129,953 shares issued and outstanding as of september 30, 2023 and december 31, 2022, respectively
    		        84,000                     
      ordinary shares, nis 0.01 par value, 100,000,000 shares authorized at june 30, 2023 and december 31, 2022; 23,498,617 and 23,129,953 shares issued and outstanding as of june 30, 2023 and december 31, 2022, respectively
    		         64,000                    
      ordinary shares, nis 0.01 par value, 100,000,000 shares authorized at march 31, 2023 and december 31, 2022; 23,440,521 and 23,129,953 shares issued and outstanding as of march 31, 2023 and december 31, 2022, respectively
    		          64,000                   
      ordinary shares, nis 0.01 par value; 100,000,000 shares authorized at december 31, 2022 and 2021; 23,129,953 and 22,462,995 shares issued and outstanding as of december 31, 2022 and 2021, respectively
    		           63,000                  
      total shareholders' (deficit) equity
    		           -89,361,000                  
      total liabilities and shareholders' (deficit) equity
    		           135,619,000                  
      ordinary shares, nis 0.01 par value, 100,000,000 shares authorized at september 30, 2022 and december 31, 2021; 23,011,324 and 22,462,995 shares issued and outstanding as of september 30, 2022 and december 31, 2021, respectively
    		            63,000                 
      ordinary shares, nis 0.01 par value, 100,000,000 shares authorized at june 30, 2022 and december 31, 2021; 22,727,891 and 22,462,995 shares issued and outstanding as of june 30, 2022 and december 31, 2021, respectively
    		             62,000                
      prepaid expense and other current assets
    		              9,275,000 7,476,000 6,113,000 5,308,000            
      right of use asset
    		              945,000 1,180,000 1,418,000 1,653,000 1,901,000 2,158,000 2,652,000 3,011,000 3,433,000 3,735,000      
      accounts payable and accrued expense
    		              9,936,000  11,062,000 10,342,000            
      employee related accrued expense
    		              5,146,000  6,476,000 6,773,000            
      long-term lease liability
    		              277,000  616,000 922,000 1,201,000 1,497,000 1,748,000 1,994,000 2,268,000 2,604,000 1,749,000 1,943,000 2,184,000   
      shareholders' equity:
    		                             
      ordinary shares, nis 0.01 par value; 100,000,000 shares authorized at march 31, 2022 and december 31, 2021; 22,682,221 and 22,462,995 shares issued and outstanding as of march 31, 2022 and december 31, 2021, respectively
    		              62,000               
      ordinary shares, nis 0.01 par value; 100,000,000 shares authorized at december 31, 2021 and 2020; 22,462,995 and 22,167,791 shares issued and outstanding as of december 31, 2021 and 2020, respectively
    		               61,000              
      ordinary shares, nis 0.01 par value; 100,000,000 shares authorized at september 30, 2021 and december 31, 2020; 22,404,845 and 22,167,791 shares issued and outstanding as of september 30, 2021 and december 31, 2020, respectively
    		                61,000             
      ordinary shares, nis 0.01 par value; 100,000,000 shares authorized at june 30, 2021 and december 31, 2020; 22,354,533 and 22,167,791 shares issued and outstanding as of june 30, 2021 and december 31, 2020, respectively
    		                 61,000            
      inventory
    		                  3,331,000 1,964,000 1,346,000 1,125,000       316,000 
      ordinary shares, nis 0.01 par value; 100,000,000 shares authorized at march 31, 2021 and december 31, 2020; 22,280,394 and 22,167,791 shares issued and outstanding as of march 31, 2021 and december 31, 2020, respectively
    		                  61,000           
      ordinary shares, nis 0.01 par value; 100,000,000 shares authorized at december 31, 2020 and 2019; 22,167,791 and 21,026,184 shares issued and outstanding as of december 31, 2020 and 2019, respectively
    		                   60,000          
      liabilities and shareholder's equity
    		                             
      ordinary shares, nis 0.01 par value; 100,000,000 shares authorized at september 30, 2020 and december 31, 2019; 22,071,432 and 21,026,184 shares issued and outstanding as of september 30, 2020 and december 31, 2019, respectively
    		                    60,000         
      total shareholders’ equity
    		                    120,527,000 142,660,000 150,454,000 180,302,000 210,916,000 224,779,000 239,591,000 90,094,000 68,515,000 
      total liabilities and shareholders’ equity
    		                    139,893,000 161,077,000 166,929,000 202,388,000 226,753,000 238,566,000 252,052,000 103,559,000 75,550,000 
      non-current assets
    		                             
      total current liabilities
    		                     16,423,000 14,207,000 19,482,000 14,088,000 11,844,000 10,277,000 13,465,000 7,035,000 
      shareholders’ equity:
    		                             
      ordinary shares, nis 0.01 par value; 100,000,000 shares authorized at june 30, 2020 and december 31, 2019; 22,001,296 and 21,026,184 shares issued and outstanding as of june 30, 2020 and december 31, 2019, respectively
    		                     60,000        
      ordinary shares, nis 0.01 par value; 100,000,000 shares authorized at march 31, 2020 and december 31, 2019; 21,212,940 and 21,026,184 shares issued and outstanding as of march 31, 2020 and december 31, 2019, respectively
    		                      58,000       
      non-current liability:
    		                             
      ordinary shares, nis 0.01 par value; 100,000,000 shares authorized at december 31, 2019 and 2018; 21,026,184 and 16,214,883 shares issued and outstanding as of december 31, 2019 and 2018, respectively
    		                       57,000      
      total non-current liabilities
    		                        1,749,000 1,943,000 2,184,000   
      ordinary shares, nis 0.01 par value; 100,000,000 shares authorized at september 30, 2019 and december 31, 2018; 20,944,250 and 16,214,883 shares issued and outstanding as of september 30, 2019 and december 31, 2018, respectively
    		                        57,000     
      ordinary shares, nis 0.01 par value; 100,000,000 shares authorized at june 30, 2019 and december 31, 2018; 20,849,515 and 16,214,883 shares issued and outstanding as of june 30, 2019 and december 31, 2018, respectively
    		                         57,000    
      ordinary shares, nis 0.01 par value; 100,000,000 shares authorized at march 31, 2019 and december 31, 2018; 20,758,348 and 16,214,883 shares issued and outstanding as of march 31, 2019 and december 31, 2018, respectively
    		                          56,000   
      short-term investments
    		                            36,001,000 
      deferred revenues
    		                            650,000 
      ordinary shares, nis 0.01 par value; 100,000,000 shares authorized at december 31, 2018 and 2017; 16,214,883 and 13,751,390 shares issued and outstanding as of december 31, 2018 and 2017, respectively
    		                           44,000  
      proceeds from exercise of warrants for preferred shares
    		                             
      non-current liabilities
    		                             
      warrants for preferred shares
    		                             
      ordinary shares, nis 0.01 par value; 100,000,000 and 17,600,000 shares authorized at december 31, 2017 and 2016, respectively; 13,751,390 and 2,305,743 shares issued and outstanding as of december 31, 2017 and 2016, respectively
    		                            37,000 
      series a and a-1 preferred shares, nis 0.01 par value: 0 and 14,400,000 shares authorized at december 31, 2017 and 2016, respectively; 0 and 5,193,427 shares issued and outstanding at december 31, 2017 and 2016, respectively
    		                             
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.