XML 18 R4.htm IDEA: XBRL DOCUMENT v3.25.4
Consolidated Statements of Loss - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Revenues $ 109,598 $ 106,939 $ 97,419
Cost of revenues 14,158 12,768 11,648
Gross profit 95,440 94,171 85,771
Research and development, net 74,833 71,616 72,689
Sales and marketing 13,262 12,624 11,042
General and administrative 18,093 16,877 14,913
Amortization of intangible assets 598 599 594
Total operating expenses 106,786 101,716 99,238
Operating loss (11,346) (7,545) (13,467)
Financial income, net 6,913 4,884 5,264
Remeasurement of marketable equity securities (257) (94) (2)
Loss before taxes on income (4,690) (2,755) (8,205)
Taxes on income 5,948 6,031 10,232
Net loss from continuing operations (10,638) (8,786) (18,437)
Net Income from discontinued operations 0 0 6,559
Net loss $ (10,638) $ (8,786) $ (11,878)
Basic net income (loss) per share:      
From continuing operations (in dollars per share) $ (0.44) $ (0.37) $ (0.79)
From discontinued operations (in dollars per share) 0 0 0.28
From continuing operations (in dollars per share) (0.44) (0.37) (0.51)
Diluted net income (loss) per share:      
From continuing operations (in dollars per share) (0.44) (0.37) (0.79)
From discontinued operations (in dollars per share) 0 0 0.28
Diluted net loss per share (in dollars per share) $ (0.44) $ (0.37) $ (0.51)
Weighted average shares used to compute net income (loss) per share (in thousands):      
Basic and diluted (in shares) 24,295 23,613 23,484
Diluted (in shares) 24,295 23,613 23,484
License [Member]      
Revenues $ 63,595 $ 59,999 $ 57,555
Royalty [Member]      
Revenues $ 46,003 $ 46,940 $ 39,864