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SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2021
Accounting Policies [Abstract]  
Schedule of Annual Depreciation Rates

Property and equipment are stated at cost, net of accumulated depreciation. Depreciation is calculated by the straight-line method over the estimated useful lives of the assets, at the following annual rates:

%

 

Computers, manufacturing and peripheral equipment

6 – 33

Office, furniture and equipment

Mainly 15

Leasehold improvements

Over the shorter of the term of the lease or useful life of the asset

Schedule of Stock Option Granted Assumptions

The Company estimates the fair value of stock options granted under ASC 718 using the binomial model with the following assumptions for 2019, 2020 and 2021:

December 31,

2019

2020

2021

 

Dividend yield

0%

0%

0%

Volatility

53% - 65%

60% - 85%

66% - 87%

Risk free interest

1.2% - 2.7%

0.1% - 1.0%

0.1% - 1.3%

Early exercise multiple

1.3 - 2.3

1.5 - 1.6

1.55

Schedule of Accumulated Other Comprehensive Income, Net

The components of accumulated other comprehensive income - (“AOCI”) were as follows:

Unrealized Gains

(Losses) on Cash Flow

Hedges

Foreign Currency

Translation

Adjustments

Total

 

Balance as of January 1, 2021

$

1,845

$

(9,913

)

$

(8,068

)

 

Other comprehensive income before reclassifications

346

(325

)

21

Amounts reclassified from AOCI

(1,460

)

-

(1,460

)

 

Other comprehensive loss

(1,114

)

(325

)

(1,439

)

 

Balance as of December 31, 2021

$

731

$

(10,238

)

$

(9,507

)