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LEASES
 12 Months Ended
Dec. 31, 2025
Disclosure Of Lease [Abstract]  
LEASES
NOTE 6:
LEASES
 
  a.
Leases in which the Group is the lessee:
 
The Group applies IFRS 16, Leases. The Group has lease agreements with respect to the following items:
 
  -
Offices;
  -
Data centers.
 
  1)
Information regarding material lease agreements:
 
  a)   
The Group leases offices mainly in the United States of America (US), Israel, Canada and UK with contractual original lease periods ending between the years 2026 and 2031 from several lessors.
 
A lease liability in the amount of USD 20,149 thousand and USD 20,878 thousand as of December 31, 2025, and December 31, 2024, respectively, and right-of-use asset in the amount of USD 14,951 thousand and USD 13,612 thousand as of December 31, 2025, and December 31, 2024, respectively have been recognized in the statement of financial position in respect of leases of offices.
 
  b)    
The Group leases data center and related network infrastructure with contractual original lease periods ending between the years 2026 and 2028. The Group did not assume renewals in determination of the lease term unless the renewals are deemed to be reasonably assured at lease commencement.
 
A lease liability in the amount of USD 11,782 thousand and USD 16,319 thousand as of December 31, 2025, and December 31, 2024, respectively, and right-of-use asset in the amount of USD 10,822 thousand and USD 15,215 thousand as of December 31, 2025, and December 31, 2024, respectively have been recognized in the statement of financial position in respect of data centers.
 
  2)
Lease liability:
 
Maturity analysis of the Group's lease payments:
 
   
December 31
  
   
2025
    
2024
  
   
USD thousands
  
             
Less than one year (0-1)
    
14,475
      
15,830
  
One to five years (1-5)
    
19,761
      
25,152
  
More than five years (5+)
    
151
      
-
  
                 
Total
    
34,387
      
40,982
  

 

  3)
Right-of-use assets - Composition:

 

   
Offices
    
Data center
    
Total
  
   
USD thousands
  
                   
Balance as of January 1, 2024
    
11,027
      
14,888
      
25,915
  
                         
Depreciation and amortization on right-of-use assets
    
(5,417
)
    
(7,026
)
    
(12,443
)
Additions
    
7,257
      
6,910
      
14,167
  
Lease modifications
    
1,000
      
789
      
1,789
  
Terminations
    
(259
)
    
(346
)
    
(605
)
Exchange rate differences
    
4
      
-
      
4
  
                         
Balance as of December 31, 2024
    
13,612
      
15,215
      
28,827
  
                         
Depreciation and amortization on right-of-use assets
    
(6,063
)
    
(7,548
)
    
(13,611
)
Additions
    
7,979
      
4,339
      
12,318
  
Lease modifications
    
(21
)
    
(806
)
    
(827
)
Terminations
    
(675
)
    
(378
)
    
(1,053
)
Exchange rate differences
    
119
      
-
      
119
  
                         
Balance as of December 31, 2025
    
14,951
      
10,822
      
25,773
  
 
  4)
Amounts recognized in statement of operation:
 
   
Year ended
December 31
  
   
2025
    
2024
    
2023
  
   
USD thousands
  
                   
Interest expenses on lease liability
    
(1,703
)
    
(1,860
)
    
(1,885
)
Depreciation and amortization of right-of-use assets
    
(13,611
)
    
(12,443
)
    
(15,001
)
Income (loss) recognized in profit or loss
    
151
      
(10
)
    
(119
)
                         
Total
    
(15,163
)
    
(14,313
)
    
(17,005
)
 
  5)
Amounts recognized in the statement of cash flows:
 
   
Year ended
December 31
  
   
2025
    
2024
    
2023
  
   
USD thousands
  
                   
Cash outflow for leases
    
(17,968
)
    
(17,002
)
    
(19,147
)
 
  b.
Leases in which the Group is a lessor:
 
  1)
Information regarding material lease agreements:
 
The Group subleases offices at the US for periods expiring in 2027.
 
In May 2024, one of the Company’s subtenants in the U.S. decided not to extend its sublease agreement. As a result, the Company remeasured its net investment in financing lease receivable and recorded a loss of USD 1,488 thousand in other expenses.
 
  2)
Net investment in the lease:
 
Presented hereunder is the movement in the net investment in the lease:
 
   
Offices
  
   
Year ended
December 31
  
   
2025
    
2024
  
   
USD thousands
  
             
Balance as of January 1,
    
2,673
      
5,985
  
                 
Sublease receipts
    
(1,246
)
    
(1,824
)
Remeasurement of net investment in a finance lease
    
(195
)
    
(1,488
 )
                 
Balance as of December 31,
    
1,232
      
2,673
  
 
  3)
Maturity analysis of net investment in finance leases:
 
   
Year ended
December 31
  
   
2025
    
2024
  
   
USD thousands
  
             
Less than one year (0-1)
    
884
      
1,438
  
One to five years (1-5)
    
348
      
1,235
  
                 
Total net investment in the lease as of December 31,
    
1,232
      
2,673
  

 

  b.
Leases in which the Group is a lessor (Cont.):
 
  4)
Amounts recognized in statement of operation:
 
   
Offices
  
   
Year ended
December 31
  
   
2025
    
2024
    
2023
  
   
USD thousands
  
                   
Loss from measurement of net investment in a finance lease
    
(195
)
    
(1,488
)
    
-
  
Financing income on the net investment in the lease
    
103
      
208
      
221
  
                         
Total
    
(92
)
    
(1,280
)
    
221