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Interim Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities:    
Net loss $ (15,647) $ (25,123)
Adjustments required to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation 2,195 2,325
Amortization of intangible assets 1,718 3,502
Impairment of intangible assets 0 3,556
Equity-based compensation 12,306 10,383
Realized loss (gain) on sale of available-for-sale marketable securities (68) 25
Amortization of premiums on available-for-sale marketable securities 41 335
Unrealized foreign exchange loss (gain) (148) 695
Remeasurement of marketable equity securities 76 2,271
Changes in operating assets and liabilities:    
Trade receivables (778) 686
Prepaid expenses and other assets (1,969) (1,330)
Operating lease right-of-use assets 720 711
Accrued interest on bank deposits (130) 273
Deferred tax, net (1,486) 11,801
Trade payables (836) 264
Deferred revenues 950 (5,121)
Accrued expenses and other payables 47 908
Accrued payroll and related benefits (6,237) (2,757)
Operating lease liability (718) (729)
Income taxes payable (1,372) 567
Accrued severance pay, net 192 286
Net cash provided by (used in) operating activities (11,144) 3,528
Cash flows from investing activities:    
Purchase of property and equipment (2,123) (2,924)
Business combination (3,600) 0
Investment in bank deposits (2,000) (14,000)
Proceeds from bank deposits 6,000 30,885
Investment in available-for-sale marketable securities (10,524) (27,260)
Proceeds from maturity of available-for-sale marketable securities 8,800 6,796
Proceeds from sale of available-for-sale marketable securities 10,659 3,175
Net cash provided by (used in) investing activities 7,212 (3,328)
Cash flows from financing activities:    
Purchase of treasury stock (3,003) (6,785)
Proceeds from exercise of stock-based awards 3,393 3,479
Net cash provided by (used in) financing activities 390 (3,306)
Effect of exchange rate changes on cash and cash equivalents (53) (537)
Decrease in cash and cash equivalents (3,595) (3,643)
Cash and cash equivalents at the beginning of the period 21,285 33,153
Cash and cash equivalents at the end of the period 17,690 29,510
Supplemental information of cash-flow activities:    
Income and withholding taxes 6,073 8,294
Non-cash transactions:    
Property and equipment purchases incurred but unpaid at period end 71 6
Right-of-use assets obtained in the exchange for operating lease liabilities 1,562 1,591
Cash and cash equivalents in the Condensed Consolidated Balance Sheets 17,082 29,072
Cash and cash equivalents included in assets of discontinued operation 608 438
Cash and cash equivalents at the end of the period $ 17,690 $ 29,510