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Interim Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 17,270 $ 18,498
Short-term bank deposits 2,807 2,029
Marketable securities 131,981 143,117
Trade receivables (net of allowance for credit losses of $2,626 at both June 30, 2025 and December 31, 2024) 49,699 37,209
Prepaid expenses and other current assets 12,649 15,488
Total current assets 214,406 216,341
Long-term assets:    
Severance pay fund 8,021 7,161
Deferred tax assets, net 1,402 1,456
Property and equipment, net 6,008 6,877
Operating lease right-of-use assets 3,962 5,811
Goodwill 58,308 58,308
Intangible assets, net 1,252 1,877
Investments in marketable equity securities 51 312
Other long-term assets 12,604 10,805
Total long-term assets 91,608 92,607
Total assets 306,014 308,948
Current liabilities:    
Trade payables 1,782 1,125
Deferred revenues 3,052 3,599
Accrued expenses and other payables 5,239 6,243
Accrued payroll and related benefits 13,400 16,964
Operating lease liabilities 1,235 2,598
Total current liabilities 24,708 30,529
Long-term liabilities:    
Accrued severance pay 8,318 7,365
Operating lease liabilities 2,543 2,963
Other accrued liabilities 1,726 1,535
Total long-term liabilities 12,587 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; 24,133,325 and 23,756,255 shares issued at September 30, 2025 and December 31, 2024, respectively. 24,016,853 and 23,626,865 shares outstanding at September 30, 2025 and December 31, 2024, respectively 24 24
Additional paid in-capital 269,944 259,891
Treasury stock at cost (116,472 and 129,390 shares of common stock at September 30, 2025, and December 31, 2024, respectively) (2,553) (3,222)
Accumulated other comprehensive gain (loss) 201 (1,330)
Retained earnings 1,103 11,193
Total stockholders’ equity 268,719 266,556
Total liabilities and stockholders’ equity $ 306,014 $ 308,948