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Selected Statements of Operations Data
 12 Months Ended
Dec. 31, 2024
Quarterly Financial Data [Abstract]  
Selected Statements of Operations Data

Note 19 - Selected Statements of Operations Data

 
A.          Restructuring and related charges
 
During 2023, the Company approved a cost reduction and re-organization plan that included, among other things, downsizing the Company's number of employees in a certain territory (the "2023 Restructuring Plan"). During 2024, the Company approved a cost reduction and re-organization plan that included, among other things, downsizing the Company’s number of employees (the “2024 Restructuring Plan”).
 
The Company recorded contractual and termination severance pay and other related costs for the impacted employees.
 
The liabilities related to the restructuring plans as of December 31, 2024, and 2023 amounted to $0 thousand, and $80 thousand, respectively.
 
The Company does not expect to incur additional costs related to the 2024 and 2023 Restructuring plans.
 
B.          Financial and other expenses, net

 

   
Year ended December 31,
  
   
2024
    
2023
    
2022
  
   
$ thousands
    
$ thousands
    
$ thousands
  
                   
Financial income:
                  
Interest on deposits
    
143
      
93
      
107
  
Foreign currency translation differences and
                        
 derivatives
    
566
      
3,296
      
3,054
  
                         
     
709
      
3,389
      
3,161
  
Financial expenses:
                        
Bank charges and interest on loans
    
(5,974
)
    
(7,538
)
    
(5,016
)
Foreign currency translation differences and
                        
 derivatives
    
(4,082
)
    
(4,049
)
    
(4,451
)
Non-cash revaluation expenses associated with business combination
    
(1,703
)
    
(110
)
        
Others
    
(424
)
    
(160
)
    
-
  
                         
     
(12,183
)
    
(11,857
)
    
(9,467
)
                         
     
(11,474
)
    
(8,468
)
    
(6,306
)
 
C.          Net Income (loss) per share
 
The following table sets forth the computation of basic and diluted net earnings per share:

 

   
Year ended December 31,
  
   
2024
    
2023
    
2022
  
   
$ thousands
    
$ thousands
    
$ thousands
  
                   
Numerator:
                  
Numerator for basic and diluted net income (loss) per share – income (loss) available to shareholders of Ordinary shares
    
24,063
      
6,220
      
(19,689
)
                         
Denominator:
                        
Denominator for basic net income (loss) per share – adjusted weighted average number of Ordinary shares
    
86,191,178
      
84,617,774
      
84,132,982
  
Add – employee stock options and RSU
    
2,268,824
      
864,852
      
-
  
                         
Denominator for diluted net income (loss) per share – adjusted weighted average number of Ordinary shares
    
88,460,001
      
85,482,626
      
84,132,982