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LEASES
 12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
LEASES

NOTE 9: LEASES

 

A. Operating leases

 

The Company has entered into various non-cancellable operating leases for its offices expiring between fiscal 2026 and 2035. Certain lease agreements contain an option for the Company to extend the lease term or an option to terminate a lease early. The Company considers these options, which may be elected at the Company’s sole discretion, in determining the lease term on a lease-by-lease basis. Additionally, the Company entered into certain cancellable monthly lease agreements for short-term periods of up to one year.

 

B. The following is a schedule, by years, of maturities of lease liabilities as of December 31, 2025:

 

Years Ending December 31,       Amount  
2026     $ 28,516  
2027       33,936  
2028       34,051  
2029       32,017  
2030       31,697  
Thereafter       29,273  
Total undiscounted cash flows     $ 189,490  
Less: Imputed interest     $ (20,723)
Present value of lease liabilities     $ 168,767  

 

Refer to Note 10 for additional leases excluded from the table above.

 

Supplemental balance sheet information related to leases is as follows:

 

      Year ended December 31  
      2025       2024  
Weighted-average remaining lease term     5.8 years       5.2 years  
Weighted-average discount rate     4.0%       4.2%