v3.24.3
STOCK CAPITAL (Tables)
9 Months Ended
Sep. 30, 2024
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of activity in the share options granted to employees and members of board of directors
   
Number of options
   
Weighted average exercise price
   
Weighted average remaining contractual term in years
   
Aggregate intrinsic Value
 
Outstanding as of December 31, 2023
   
317,416
   
$
53.38
     
4.05
   
$
17,366
 
Exercised
   
(14,757
)
   
4.60
     
-
     
537
 

Forfeited or expired

   

(666

)    

3.96

     

-

     

-

 
Outstanding as of September 30, 2024
   
301,993
   
$
55.87
     
3.48
   
$
899
 
Vested and expected to vest as of September 30, 2024
   
301,930
   
$
55.82
     
3.45
   
$
25,782
 
Exercisable as of September 30, 2024
   
299,552
   
$
53.79
     
3.42
   
$
25,782
 
Schedule of RSU activity
   
Number of RSUs
   
Weighted average grant date fair value
 
Unvested as of December 31, 2023
   
1,860,286
   
$
182.52
 
Granted
   
1,731,577
     
45.89
 
Vested
   
(539,819
)
   
187.51
 
Forfeited
   
(306,658
)
   
158.23
 
Unvested as of September 30, 2024
   
2,745,386
   
$
98.11
 
Schedule of recognized stock-based compensation expenses
   
Three Months Ended
September 30,
   
Nine Months Ended
September 30,
 
   
2024
   
2023
   
2024
   
2023
 
Stock-based compensation expenses:
                       
Cost of revenues
 
$
6,038
   
$
5,882
   
$
18,224
   
$
17,732
 
Research and development
   
17,115
     
16,481
     
51,893
     
50,962
 
Sales and marketing
   
6,816
     
7,739
     
22,876
     
23,640
 
General and administrative
   
6,672
     
6,713
     
19,825
     
22,681
 
Total stock-based compensation expenses
 
$
36,641
   
$
36,815
   
$
112,818
   
$
115,015
 
                                 
Stock-based compensation capitalized:
                               
Inventory
 
$
722
   
$
655
   
$
2,387
   
$
1,666
 
Other long-term assets
   
508
     
422
     
1,451
     
1,259
 
Total stock-based compensation capitalized
 
$
1,230
   
$
1,077
   
$
3,838
   
$
2,925
 
Employee Stock Option [Member] | Employees and members of board of directors  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of RSU activity
   
Number of PSUs
   
Weighted average grant date fair value
 
Unvested as of December 31, 2023
   
74,415
   
$
302.58
 
Granted
   
96,249
     
86.06
 
Vested
   
(12,277
)
   
298.92
 
Forfeited
   
(14,196
)
   
247.53
 
Unvested as of September 30, 2024
   
144,191
   
$
163.78