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Revenue (Tables) | 3 Months Ended
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Mar. 31, 2026
Revenue [Abstract] |
Schedule of Disaggregated Revenues | The following table presents our disaggregated revenues by type, timing and geographical region.
|  | Three Months Ended March 31, |
(dollars in thousands) |  | 2026 |  |  | 2025 |
Type of Revenue |  |  |  |  |  |
Product revenue |  | $ | 38,368 |  |  | $ | 3,224 |
Service revenue |  |  | 9,323 |  |  |  | 809 |
Development revenue |  |  | 2,431 |  |  |  | 215 |
Total revenues |  | $ | 50,122 |  |  | $ | 4,248 |
Timing of Revenue |  |  |  |  |  |  |  |
Revenue recognized point in time |  | $ | 40,562 |  |  | $ | 3,984 |
Revenue recognized over time |  |  | 9,560 |  |  |  | 264 |
Total revenue |  | $ | 50,122 |  |  | $ | 4,248 |
Geographical region |  |  |  |  |  |  |  |
Israel |  | $ | 21,598 |  |  | $ | 2,488 |
Europe |  |  | 12,071 |  |  |  | - |
Asia - Other |  |  | 12,000 |  |  |  | - |
North America |  |  | 3,313 |  |  |  | 216 |
United Arab Emirates |  |  | 305 |  |  |  | 1,533 |
Other Countries |  |  | 835 |  |  |  | 11 |
Total revenues |  | $ | 50,122 |  |  | $ | 4,248 |
Schedule of Contract Assets and Liabilities | The table below details the activity in our contract assets during the three months ended March 31, 2026 and the year ended December 31, 2025.
(dollars in thousands) |  | Three Months Ended March 31, 2026 |  |  | Year Ended December 31, 2025 |
Balance, beginning of period |  | $ | 3,171 |  |  | $ | 206 |
Contract assets recognized |  |  | 15,488 |  |  |  | 8,476 |
Reclassification to accounts receivable, net |  |  | (2,676 | ) |  |  | (5,511 | )
Balance, end of period |  | $ | 15,983 |  |  | $ | 3,171 |
The table below details the activity in our contract liabilities during the three months ended March 31, 2026, and the year ended December 31, 2025.
(dollars in thousands) |  | Three Months Ended March 31, 2026 |  |  | Year Ended December 31, 2025 |
Balance, beginning of period |  | $ | 8,501 |  |  | $ | 329 |
Contract liabilities acquired in business combinations |  |  | 14,253 |  |  |  | 7,374 |
Effect of deconsolidation of subsidiary |  |  | (337 | ) |  |  | - |
Additions |  |  | 4,892 |  |  |  | 9,542 |
Recognized as revenue |  |  | (7,477 | ) |  |  | (8,744 | )
Balance, end of period |  | $ | 19,832 |  |  | $ | 8,501 |

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 + Details
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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
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