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Note 10 - Derivatives and Hedging Activities | 12 Months Ended
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Dec. 31, 2025
Notes to Financial Statements |
Derivative Instruments and Hedging Activities Disclosure [Text Block] | NOTE 10: DERIVATIVES AND HEDGING ACTIVITIES The fair value of the Company’s outstanding derivative instruments is as follows:
|  | As of December 31, |
|  | 2024 |  |  | 2025 |
Derivative assets: |  |  |  |  |  |  |  |
Derivatives designated as cash flow hedging instruments: |  |  |  |  |  |  |  |
Foreign exchange forward contracts |  | $ | — |  |  | $ | 21 |
Total |  | $ | — |  |  | $ | 21 |
The Company recorded the fair value of derivative assets in “prepaid expenses and other current assets” on the Company’s consolidated balance sheets. The changes in unrealized gains (losses) recognized in “accumulated other comprehensive income (loss)” on derivatives, before tax effect, is as follows:
|  | Year ended December 31, |
|  | 2023 |  |  | 2024 |  |  | 2025 |
Derivatives designated as cash flow hedging instruments: |  |  |  |  |  |  |  |  |  |  |  |
Foreign exchange option contracts |  | $ | (265 | ) |  | $ | 41 |  |  | $ | 283 |
Foreign exchange forward contracts |  |  | 281 |  |  |  | (115 | ) |  |  | 966 |
|  | $ | 16 |  |  | $ | (74 | ) |  | $ | 1,249 |
The net (gains) losses reclassified from “accumulated other comprehensive income (loss)” into income, are as follows:
|  | Year ended December 31, |
|  | 2023 |  |  | 2024 |  |  | 2025 |
Derivatives designated as cash flow hedging instruments: |  |  |  |  |  |  |  |  |  |  |  |
Foreign exchange option contracts |  | $ | 288 |  |  | $ | (41 | ) |  | $ | (283 | )
Foreign exchange forward contracts |  |  | 790 |  |  |  | (873 | ) |  |  | (945 | )
|  | $ | 1,078 |  |  | $ | (914 | ) |  | $ | (1,228 | )
The Company recorded in cost of revenues and operating expenses, a net loss of $1,078, a net gain of $914 and a net gain of 1,228 during the years ended December 31, 2023, 2024 and 2025, respectively, related to its Hedging Contracts.

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