XML 11 R2.htm IDEA: XBRL DOCUMENT v3.24.2.u1
INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 26,303 $ 28,237
Trade receivables (net of allowance for credit losses of $20,427 and $24,602 at June 30, 2024 and December 31, 2023, respectively) 112,895 104,321
Inventories 59,490 68,811
Other accounts receivable and prepaid expenses 17,601 16,571
Total current assets 216,289 217,940
NON-CURRENT ASSETS:    
Severance pay and pension fund 4,807 4,985
Property and equipment, net 33,853 30,659
Operating lease right-of-use assets 17,817 18,837
Intangible assets, net 16,510 16,401
Goodwill 7,749 7,749
Other non-current assets 2,010 1,954
Total non-current assets 82,746 80,585
Total assets 299,035 298,525
CURRENT LIABILITIES:    
Trade payables 67,405 67,032
Deferred revenues 2,561 5,507
Short-term loans 28,450 32,600
Operating lease liabilities 3,151 3,889
Other accounts payable and accrued expenses 25,756 23,925
Total current liabilities 127,323 132,953
LONG-TERM LIABILITIES:    
Accrued severance pay and pensions 8,657 9,399
Deferred revenues 670 670
Operating lease liabilities 13,142 13,716
Other long-term payables 5,742 7,768
Total long-term liabilities 28,211 31,553
COMMITMENTS AND CONTINGENT LIABILITIES
SHAREHOLDERS' EQUITY:    
Authorized: 240,000,000 and 120,000,000 shares at June 30, 2024 and December 31, 2023; Issued: 89,352,002 and 88,899,844 shares at June 30, 2024 and December 31, 2023, respectively; Outstanding: 85,870,479 and 85,418,321 shares at June 30, 2024 and December 31, 2023, respectively 224 224
Additional paid-in capital 440,173 437,161
Treasury shares at cost - 3,481,523 ordinary shares as of June 30, 2024, and December 31, 2023. (20,091) (20,091)
Accumulated other comprehensive loss (9,853) (8,087)
Accumulated deficit (266,952) (275,188)
Total shareholders' equity 143,501 134,019
Total liabilities and shareholders' equity $ 299,035 $ 298,525