XML 61 R45.htm IDEA: XBRL DOCUMENT
v3.25.1

Taxes on Income (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Income Tax Disclosure [Abstract] |
Schedule of Income Tax Expense (Benefit) |
|  | Year ended December 31, |
|  | 2024 |  |  | 2023 |  |  | 2022 |
|  | $ thousands |  |  | $ thousands |  |  | $ thousands |
Current |  |  | 2,777 |  |  |  | 3,746 |  |  |  | 1,140 |
Deferred |  |  | 413 |  |  |  | 2,776 |  |  |  | 1,306 |
|  |  | 3,190 |  |  |  | 6,522 |  |  |  | 2,446 |
Domestic (Israel) |  |  | 1,270 |  |  |  | 1,048 |  |  |  | 664 |
Foreign |  |  | 1,920 |  |  |  | 5,474 |  |  |  | 1,782 |
|  |  | 3,190 |  |  |  | 6,522 |  |  |  | 2,446 |
Schedule of Deferred Income Taxes |
|  | December 31, |  |  | December 31, |
|  | 2024 |  |  | 2023 |
|  | $ thousands |  |  | $ thousands |
Net operating loss carry forward |  |  | 74,253 |  |  |  | 76,348 |
Temporary differences: |  |  |  |  |  |  |  |
Allowance for credit loss |  |  | 14,712 |  |  |  | 15,990 |
Research and development |  |  | 7,335 |  |  |  | 7,796 |
Lease liabilities |  |  | 3,614 |  |  |  | 3,753 |
Unrealized foreign exchange gains/losses |  |  | 6,869 |  |  |  | 2,414 |
Vacation |  |  | 1,103 |  |  |  | 960 |
Severance |  |  | 1,170 |  |  |  | 1,001 |
Other |  |  | 1,558 |  |  |  | 1,134 |
Deferred tax assets before valuation allowance |  |  | 110,614 |  |  |  | 109,396 |
Valuation allowance |  |  | (104,707 | ) |  |  | (103,409 | )
Deferred tax assets |  |  | 5,907 |  |  |  | 5,987 |
Deferred tax liabilities: |  |  |  |  |  |
Right-of-use lease assets |  |  | (3,799 | ) |  |  | (4,033 | )
Intangible assets |  |  | (913 | ) |  |  | (1,258 | )
Other including property and equipment, net |  |  | (1,195 | ) |  |  | (696 | )
Deferred tax asset, net |  |  | - |  |  |  | - |
Schedule of Income (Loss) Before Taxes |
|  | Year ended December 31, |
|  | 2024 |  |  | 2023 |  |  | 2022 |
|  | $ thousands |  |  | $ thousands |  |  | $ thousands |
Domestic |  |  | 23,752 |  |  |  | 10,880 |  |  |  | (20,850 | )
Foreign |  |  | 3,501 |  |  |  | 1,862 |  |  |  | 3,607 |
|  |  | 27,253 |  |  |  | 12,742 |  |  |  | (17,243 | )
Schedule of Income Tax Reconciliation |
|  | Year ended December 31, |
|  | 2024 |  |  | 2023 |  |  | 2022 |
|  | $ thousands |  |  | $ thousands |  |  | $ thousands |
Income (loss) before taxes as reported in the consolidated statements of operations |  |  | 27,253 |  |  |  | 12,742 |  |  |  | (17,243 | )
Statutory tax rate |  |  | 23 | % |  |  | 23 | % |  |  | 23 | %
Theoretical tax expenses (income) on the |  |  |  |  |  |  |  |  |  |  |  |
above amount at the Israeli statutory |  |  |  |  |  |  |  |  |  |  |  |
tax rate |  |  | 6,268 |  |  |  | 2,931 |  |  |  | (3,966 | )
Non-deductible expenses and other |  |  |  |  |  |  |  |  |  |  |  |
permanent differences |  |  | 1,328 |  |  |  | 2,411 |  |  |  | 265 |
Non-deductible expenses related to employee |  |  |  |  |  |  |  |  |  |  |  |
stock options |  |  | 989 |  |  |  | 946 |  |  |  | 819 |
Deferred tax assets on losses and other |  |  |  |  |  |  |  |  |  |  |  |
temporary differences for which valuation |  |  |  |  |  |  |  |  |  |  |  |
allowance was provided, net |  |  | (4,459 | ) |  |  | (479 | ) |  |  | 5,378 |
Other |  |  | (936 | ) |  |  | 713 |  |  |  | (50 | )
Actual tax expense |  |  | 3,190 |  |  |  | 6,522 |  |  |  | 2,446 |
Schedule of Changes In Unrecognized Tax Benefits |
|  | December 31, |  |  | December 31, |  |  | December 31, |
|  | 2024 |  |  | 2023 |  |  | 2022 |
|  | $ thousands |  |  | $ thousands |  |  | $ thousands |
Beginning balance |  |  | 3,187 |  |  |  | 2,291 |  |  |  | 2,367 |
Increases related to tax positions taken during prior years |  |  | 177 |  |  |  | 626 |  |  |  | 283 |
Increases related to tax positions taken during the current year |  |  | 607 |  |  |  | 641 |  |  |  | 330 |
Decreases related to statute of limitations |  |  | (327 | ) |  |  | (371 | ) |  |  | (689 | )
Ending balance |  |  | 3,644 |  |  |  | 3,187 |  |  |  | 2,291 |

X
- References No definition available. + Details
Name: | us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-9 + Details
Name: | us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-2 + Details
Name: | us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 231 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482663/740-10-55-231 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-12A Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-12 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of income before income tax between domestic and foreign jurisdictions. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(h)(1)(Note 1)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1 + Details
Name: | us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the change in unrecognized tax benefits. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 217 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482663/740-10-55-217 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15A -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-15A + Details
Name: | us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration