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SIGNIFICANT ACCOUNTING POLICIES (Tables) | 12 Months Ended
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Dec. 31, 2023
SIGNIFICANT ACCOUNTING POLICIES |
Schedule of cash, cash equivalents, and restricted cash | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | December 31, |  | December 31, |  | December 31,
​ | ​ | 2023 | ​ | 2022 |  | 2021
Cash and cash equivalents | ​ | $ | 30,546 | ​ | $ | 24,535 | ​ | $ | 79,423
Restricted cash | ​ |  | — | ​ |  | — | ​ |  | 5,100
Total cash, cash equivalents, and restricted cash shown in the statement of cash flows | ​ | $ | 30,546 | ​ | $ | 24,535 | ​ | $ | 84,523
Schedule of estimated useful lives of the assets | ​
| ​ |
Computers and peripheral equipment |  | 33%
Office furniture and equipment | ​ | 6% to 20% (mainly 15%)
Leasehold improvements | ​ | Over the shorter of the term of the lease, or the useful life of the assets
​
Schedule of remaining performance obligations which are expected to be satisfied and recognized in future periods | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year Ending December 31,
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 2026 and
​ |  | 2024 |  | 2025 |  | thereafter
Products | ​ | $ | 227 | ​ | $ | 2 | ​ | $ | —
Services |  | ​ | 38,593 |  | ​ | 9,927 |  | ​ | 6,981
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | $ | 38,820 | ​ | $ | 9,929 |  | $ | 6,981
Schedule of significant changes in the deferred revenue | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year Ended December 31,
​ |  | 2023 |  | 2022
Balance, at the beginning of the year | ​ | $ | 52,586 | ​ | $ | 54,616
​ | ​ | ​ | ​ | ​ | ​ | ​
Revenue recognized | ​ |  | (17,469) | ​ |  | (38,625)
Increase in deferred revenues and customer advances | ​ |  | 20,613 | ​ |  | 36,595
​ | ​ | ​ | ​ | ​ | ​ | ​
Balance, at the end of the year | ​ |  | 55,730 | ​ |  | 52,586
Less current portion at the end of the year | ​ |  | (38,820) | ​ |  | (36,634)
​ | ​ | ​ | ​ | ​ | ​ | ​
Long-term portion at the end of the year | ​ | $ | 16,910 | ​ | $ | 15,952
Schedule of components of AOCI | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Gains (losses) | ​ | ​ | ​ | ​ | ​
​ | ​ | on AFS | ​ | Gains (losses) | ​ | ​ | ​
​ | ​ | marketable | ​ | on cash flow | ​ | ​ | ​
​ |  | securities |  | hedges |  | Total
Balance as of January 1, 2023 | ​ | $ | (6,376) | ​ | $ | (4,577) | ​ | $ | (10,953)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Other comprehensive loss before reclassifications, net of tax | ​ |  | 2,859 | ​ |  | (2,165) | ​ |  | 481
Amounts reclassified from AOCI | ​ |  | (213) | ​ |  | 6,567 | ​ |  | 6,567
Other comprehensive income, net of tax | ​ |  | 2,646 | ​ |  | 4,402 | ​ |  | 7,048
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Balance as of December 31, 2023 | ​ | $ | (3,730) | ​ | $ | (175) | ​ | $ | (3,905)
​ NOTE 2:-SIGNIFICANT ACCOUNTING POLICIES (Cont.)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Year Ended December 31,
​ | ​ | 2023 |  | 2022 |  | 2021
Amounts reclassified from AOCI |  | ​ |  |  | ​ |  |  | ​ |
Cost of revenues | ​ | $ | 1,400 | ​ | $ | 814 | ​ | $ | (513)
Research and development expenses, net | ​ |  | 2,983 | ​ |  | 1,735 | ​ |  | (990)
Selling and marketing expenses | ​ |  | 1,217 | ​ |  | 708 | ​ |  | (406)
General and administrative expenses | ​ |  | 967 | ​ |  | 426 | ​ |  | (229)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total operating expenses (income), before income taxes | ​ | $ | 6,567 | ​ | $ | 3,683 | ​ | $ | (2,138)
Schedule of weighted-average assumptions | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Year Ended December 31,
​ |  | 2023 |  | 2022 |  | 2021
Dividend yield | ​ | 1.13% | ​ | 1.13% | ​ | 0.88%
Expected volatility | ​ | 46.24% | ​ | 47.64% | ​ | 49.45%
Risk-free interest | ​ | 4.57% | ​ | 2.83% | ​ | 0.5%
Expected life | ​ | 3.60 years |  | 4.10 years |  | 3.61 years
Schedule of share-based compensation expenses | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Year Ended December 31,
​ |  | ​ | 2023 | ​ |  | 2022 |  | 2021
Cost of revenues | ​ | $ | 388 | ​ | $ | 425 | ​ | $ | 411
Research and development expenses, net | ​ |  | 2,685 | ​ |  | 3,481 | ​ |  | 2,772
Selling and marketing expenses | ​ |  | 4,297 | ​ |  | 6,032 | ​ |  | 6,170
General and administrative expenses | ​ |  | 4,010 | ​ |  | 5,184 | ​ |  | 4,811
Total share-based compensation expenses | ​ | $ | 11,380 | ​ | $ | 15,122 | ​ | $ | 14,164

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