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Interim Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 18,814 $ 18,498
Short-term bank deposits 2,053 2,029
Marketable securities 137,481 143,117
Trade receivables (net of allowance for credit losses of $2,626 at both March 31, 2025 and December 31, 2024) 40,819 37,209
Prepaid expenses and other current assets 17,818 15,488
Total current assets 216,985 216,341
Long-term assets:    
Severance pay fund 7,132 7,161
Deferred Income Tax Assets, Net 1,171 1,456
Property and equipment, net 6,578 6,877
Operating lease right-of-use assets 5,281 5,811
Goodwill 58,308 58,308
Intangible assets, net 1,669 1,877
Investments in marketable equity securities 258 312
Other long-term assets 12,609 10,805
Total long-term assets 93,006 92,607
Total assets 309,991 308,948
Current liabilities:    
Trade payables 2,527 1,125
Deferred revenues 2,954 3,599
Accrued expenses and other payables 5,514 6,243
Accrued payroll and related benefits 16,131 16,964
Operating lease liabilities 2,003 2,598
Total current liabilities 29,129 30,529
Long-term liabilities:    
Accrued severance pay 7,395 7,365
Operating lease liabilities 2,829 2,963
Other accrued liabilities 1,506 1,535
Total long-term liabilities 11,730 11,863
Stockholders’ equity:    
Preferred stock: $0.001 par value: 5,000,000 shares authorized; none issued and outstanding 0 0
Common Stock: $0.001 par value: 45,000,000 shares authorized; 23,915,220 and 23,756,255 shares issued at March 31, 2025 and December 31, 2024, respectively. 23,915,220 and 23,626,865 shares outstanding at March 31, 2025 and December 31, 2024, respectively 24 24
Additional paid in-capital 262,857 259,891
Treasury stock at cost (0 and 129,390 shares of common stock at March 31, 2025, and December 31, 2024, respectively) 0 (3,222)
Accumulated other comprehensive loss (1,108) (1,330)
Retained earnings 7,359 11,193
Total stockholders’ equity 269,132 266,556
Total liabilities and stockholders’ equity $ 309,991 $ 308,948