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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2025

Income Tax Disclosure [Abstract]

Summary of Components of the Net Loss Before the Provision for Income Taxes

The components of the net loss before income taxes were as follows:

		Year Ended December 31,
		2025				2024				2023
		(in thousands)
Israel		$	(96,672	)		$	(89,367	)		$	(73,560	)
Foreign			30,635				23,547				19,044
Total		$	(66,037	)		$	(65,820	)		$	(54,516	)

Summary of Provision for Income Taxes

Income tax expense was as follows:

		Year Ended December 31,
		2025				2024				2023
		(in thousands)
Current:
Israel		$	—			$	—			$	—
Foreign			4,639				4,810				5,753
Total current income tax expense			4,639				4,810				5,753
Deferred:
Israel			—				(4,376	)			—
Foreign			1,143				2,982				987
Total deferred income tax expense (benefit)			1,143				(1,394	)			987
Income tax expense		$	5,782			$	3,416			$	6,740

Summary of Reconciliation of the Company's Statutory Income Tax Rate to Effective Income Tax Rate

A reconciliation of the Company’s statutory income tax rate to effective income tax rate is as follows:

		Year Ended December 31,
		2025								2024								2023
		(in thousands, except percentages)
Tax at Israel statutory rate		$	(15,189	)			23.0	%		$	(15,138	)			23.0	%		$	(12,539	)			23.0	%
Foreign tax effects:
U.S.:
Statutory tax rate difference between U.S. and Israel			(461	)			0.7				(362	)			0.5				(287	)			0.5
State taxes, net of federal income tax effect			338				(0.5	)			426				(0.6	)			(226	)			0.4
Share-based compensation			(2,082	)			3.1				1,010				(1.5	)			1,689				(3.1	)
Other			527				(0.8	)			320				(0.5	)			396				(0.7	)
Other foreign jurisdictions			132				(0.2	)			704				(1.1	)			343				(0.6	)
Change in valuation allowances			12,038				(18.2	)			4,400				(6.7	)			8,116				(14.9	)
Nontaxable or nondeductible items:
Business combination			858				(1.3	)			415				(0.6	)			639				(1.2	)
Share-based compensation			1,726				(2.6	)			873				(1.3	)			(601	)			1.1
Change in unrecognized tax benefits			1,748				(2.6	)			956				(1.5	)			691				(1.3	)
Other:
Effect of PTE			10,634				(16.1	)			9,830				(14.9	)			8,092				(14.8	)
Angel’s Law special deduction			(4,522	)			6.8				—				—				—				—
Other			35				(0.1	)			(18	)			0.0				427				(0.8	)
Effective tax rate		$	5,782				(8.8	)%		$	3,416				(5.2	)%		$	6,740				(12.4	)%

Summary of Components of the Company's Deferred Tax Assets and Liabilities

The following table presents the significant components of the Company’s deferred tax assets and liabilities:

		December 31,
		2025				2024
		(in thousands)
Deferred tax assets:
Net operating loss carryforwards		$	32,303			$	24,082
Research and development expenses			7,403				7,698
Accruals and reserves			1,888				1,889
Share-based compensation			19,371				18,745
Deferred revenue			4,128				1,542
Operating lease liabilities			1,967				997
Gross deferred tax assets			67,060				54,953
Valuation allowance			(49,521	)			(37,347	)
Total deferred tax assets			17,539				17,606
Deferred tax liabilities:
Intangible assets			(4,788	)			(7,289	)
Deferred contract acquisition costs			(10,082	)			(7,530	)
Operating lease ROU assets			(1,904	)			(984	)
Share-based compensation			(1,300	)			(1,168	)
Property and equipment			(53	)			(40	)
Gross deferred tax liabilities			(18,127	)			(17,011	)
Net deferred tax assets (liabilities)		$	(588	)		$	595

Summary of Cash Paid for Income Taxes, Net of Refunds

ncome taxes, net of refunds was as follows:

		Year Ended December 31,
		2025				2024				2023
		(in thousands)
Israel		$	65			$	51			$	33
Foreign:
France			1,398				431				325
India			1,270				884				829
U.S.			5,038				2,851				3,791
All other foreign			173				23				20
Total		$	7,944			$	4,240			$	4,998

Summary of Reconciliation of the Beginning and Ending Balance of Total Unrecognized Tax Positions

A reconciliation of the beginning and ending balance of total unrecognized tax benefits is as follows:

		Unrecognized Tax Benefits
		(in thousands)
Balance - December 31, 2022		$	4,823
Increase related to prior years’ tax positions			149
Decrease related to prior years’ tax positions			(24	)
Increase related to current year’s tax positions			464
Decrease due to lapse of statutes of limitations			(13	)
Balance - December 31, 2023			5,399
Increase related to current year’s tax positions			677
Balance - December 31, 2024			6,076
Increase related to prior years’ tax positions			22
Decrease related to prior years’ tax positions			(66	)
Increase related to current year’s tax positions			1,528
Balance - December 31, 2025		$	7,560

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