XML 93 R24.htm IDEA: XBRL DOCUMENT v3.25.4
SEGMENT REPORTING
 12 Months Ended
Dec. 31, 2025
Segment Reporting [Abstract]  
SEGMENT REPORTING

NOTE 16: SEGMENT REPORTING

 

ASC 280, “Segment Reporting,” establishes standards for reporting information about operating segments. Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker (“CODM”) in deciding

 

how to allocate resources and in assessing performance.

 

The Company manages its business on the basis of one reportable segment and unit and derives revenues from service revenues (see Note 1 for a brief description of the Company’s business and Note 2n for details on the Company’s revenue recognition).

 

The CODM assesses the performance of the Company and decides how to allocate resources based upon consolidated net income (loss) that is also reported within the Consolidated Statements of Operations. The measure of segment assets that is reviewed by the CODM is reported within the Consolidated Balance Sheet as consolidated Total assets. The CODM uses consolidated net income (loss) to monitor period-over-period results and decides where to allocate and invest additional resources within the business to continue growth. The following is a summary of the significant expense categories and consolidated net loss details provided to the CODM:

 

      Year ended December 31,  
      2025       2024       2023  
Total revenues   $ 1,231,997     $ 971,995     $ 729,695  
                         
Share-based compensation     (177,011)     (129,209)     (100,186)
Charitable contribution to Foundation     -       (24,208)     —  
Income tax benefit related to valuation allowance reversal     61,150                  
Tax benefit related to share-based compensation     1,017       2,486       3,392  
Other segment items (*)     (998,411)     (788,692)     (634,778)
Net income (loss)   $ 118,742     $ 32,372     $ (1,877)

 

(*) Other segment expense items included within net income (loss) include payroll, financial income, net, advertising and marketing activities, overhead

 

and depreciation, travel and entertainment, income taxes, information technology and communication, sales commissions and other miscellaneous expenses. See the consolidated financial statements for other financial information regarding the Company’s operating segment.

 

Revenues are attributed to geographic areas based on location of the end customers as follows:

 

      Year ended December 31,  
      2025       2024       2023  
United States   $ 619,191     $ 484,523     $ 364,070  
EMEA     264,459       209,851       157,134  
United Kingdom     134,576       101,538       73,236  
Rest of the world     213,771       176,083       135,255  
    $ 1,231,997     $ 971,995     $ 729,695  

 

Long-lived assets and Operating lease right-of-use assets by geographical areas were as follows:

 

      As of December 31,  
      2025       2024  
Israel   $ 89,123     $ 72,613  
United States     59,618       17,896  
United Kingdom     49,548       43,031  
Rest of the world     4,748       2,739  
    $ 203,037     $ 136,279