XML 26 R8.htm IDEA: XBRL DOCUMENT v3.25.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:      
Net loss $ (5,869) $ (62,804) $ (32,030)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation, amortization and impairment 6,224 8,132 7,352
Share-based compensation 6,040 8,845 9,165
Amortization of issuance costs of Convertible debt 200 198 171
Changes in operating assets and liabilities:      
Increase (decrease) in accrued severance pay, net (203) 116 92
Decrease in other assets, other receivables and prepaid expenses 702 621 720
Decrease (increase) in accrued interest and amortization of premium on available-for sale marketable securities (1,392) (712) 71
Decrease in operating lease right-of-use asset 2,174 2,686 3,126
Decrease in operating leases liability (1,644) (3,322) (3,131)
Decrease (increase) in trade receivables (1,654) 34,273 (11,629)
Decrease (increase) in inventories 3,263 1,388 (2,170)
Increase (decrease) in trade payables (24) (10,692) 7,721
Decrease in employees and payroll accruals (4,358) (1,571) (385)
Increase (decrease) in deferred revenues 1,861 (5,781) (9,970)
Decrease in other payables and accrued expenses (494) (1,113) (1,668)
Net cash provided by (used in) operating activities 4,826 (29,736) (32,565)
Cash flows from investing activities:      
Decrease (increase) in restricted deposits 703 (836) 430
Investment in short-term bank deposits (24,550) (15,900) (130,050)
Withdrawal in short-term bank deposits 19,300 74,665 122,220
Purchase of property and equipment (2,117) (2,489) (5,642)
Investment in available-for sale marketable securities (61,003) (46,742) 0
Proceeds from maturity of available-for-sale marketable securities 64,790 22,935 6,859
Proceeds from sale of available-for-sale marketable securities 0 0 171
Acquisition 0 0 (500)
Net cash provided by (used in) investing activities (2,877) 31,633 (6,512)
Cash flows from financing activities:      
Proceeds from exercise of share options 1 0 251
Issuance of convertible debt 0 0 39,404
Net cash provided by financing activities 1 0 39,655
Increase in cash and cash equivalents 1,950 1,897 578
Cash and cash equivalents at the beginning of the year 14,192 12,295 11,717
Cash and cash equivalents at the end of the year 16,142 14,192 12,295
Cash paid during the year for:      
Taxes 601 385 413
Interest received 2,938 3,287 923
Non-cash activity:      
Right-of-use assets obtained in the exchange for operating lease liabilities $ 5,858 $ 356 $ 196