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Derivatives and Hedging (Tables) | 3 Months Ended
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Mar. 31, 2025
Derivatives and Hedging [Abstarct] |
Schedule of Outstanding Forward Contracts Not Designated as Hedging Instruments with Notional and Fair Value | As of March 31, 2025 and December 31, 2024, we had outstanding forward contracts not designated as hedging instruments with notional and fair value amounts equivalent to the following:
Currency Hedged |  | March 31, 2025 |  |  | December 31, 2024 |
|  | U.S. dollars in thousands |
Israeli Shekel / U.S. Dollar |  |  | 10,564 |  |  |  | 20,038 |
Fair value of derivatives assets |  |  | 1 |  |  |  | 1 |
Fair value of derivatives liabilities |  |  | 137 |  |  |  | 605 |
The following table shows the effect of our non-designated hedges on the Consolidated Statements of Operations for the Three months ended March 31, 2025:
|  | Location of Gain |  |  | Three months ended March 31, 2025 |
|  |  |  |  | U.S. dollars in thousands |
Net realized and unrealized gain, excluding the underlying foreign currency exposure being hedged |  | Financial income, net |  |  | 204 |
Schedule of Notional and Fair Value Amount and Fair Value of Outstanding Derivatives | The notional and fair value amount and fair value of outstanding derivatives at the end of each period were:
|  | March 31, 2025 |  |  | December 31, 2024 |
|  | U.S. dollars in thousands |
Notional amount of foreign currency contracts |  |  | 18,828 |  |  |  | 20,061 |
Fair value of derivatives assets |  |  | 118 |  |  |  | 601 |
Fair value of derivatives liabilities |  |  | 59 |  |  |  | - |
Schedule of Change in Accumulated Other Comprehensive Income Relating to Gains or Losses on Derivatives | The change in accumulated other comprehensive income relating to gains or losses on derivatives used for hedging was as follows:
|  | Three months ended March 31, 2025 |  |  | Three months ended March 31, 2024 |
|  | U.S. dollars in thousands |
Other comprehensive loss before reclassifications |  |  | (355 | ) |  |  | - |
Amounts reclassified out of accumulated other comprehensive loss (*) |  |  | (187 | ) |  |  | - |
Other comprehensive loss, net |  |  | (542 | ) |  |  | - |
(*) | Amounts of gains reclassified from other comprehensive loss into profit or loss are recorded in cost of revenue and operating expenses. In the three months ended March 31, 2025, $5 thousand, $119 thousand, $37 thousand and $26 thousand were recorded in cost of revenue, research and development, sales and marketing and general and administrative expenses, respectively.

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- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482790/220-10-45-14A Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481674/830-30-50-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 20 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481694/830-30-45-20 + Details
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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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