XML 44 R27.htm IDEA: XBRL DOCUMENT v3.23.1
SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2022
SIGNIFICANT ACCOUNTING POLICIES  
Schedule of cash, cash equivalents, and restricted cash

    

December 31,

    

December 31,

2022

2021

Cash and cash equivalents

$

24,535

$

79,423

Restricted cash

 

 

5,100

Total cash, cash equivalents, and restricted cash shown in the statement of cash flows

$

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,

2025 and

    

2023

    

2024

    

thereafter

Products

$

72

$

12

$

1

Services

 

36,562

 

8,711

 

7,228

$

36,634

$

8,723

 

$

7,229

Schedule of significant changes in the deferred revenue

Year Ended December 31,

    

2022

    

2021

Balance, at the beginning of the year

$

54,616

$

49,136

Revenue recognized

 

(38,625)

 

(31,456)

Increase in deferred revenues and customer advances

 

36,595

 

36,936

Balance, at the end of the year

 

52,586

 

54,616

Less current portion at the end of the year

 

(36,634)

 

(41,591)

Long term portion at the end of the year

$

15,952

$

13,025

Schedule of components of AOCI

Gains (losses)

on available-

for-sale

Gains (losses)

marketable

on cash flow

    

securities

    

hedges

    

Total

Balance as of January 1, 2022

$

(942)

$

719

$

(223)

Other comprehensive loss before reclassifications, net of tax

 

(5,434)

 

(8,979)

 

(14,413)

Amounts reclassified from AOCI

 

 

3,683

 

3,683

Other comprehensive income (loss), net of tax

 

(5,434)

 

(5,296)

 

(10,730)

Balance as of December 31, 2022

$

(6,376)

$

(4,577)

$

(10,953)

    

Year Ended December 31,

2022

    

2021

    

2020

Amounts reclassified from AOCI

 

  

 

  

 

  

Cost of revenues

$

814

$

(513)

$

(497)

Research and development, net

 

1,735

 

(990)

 

(937)

Selling and marketing

 

708

 

(406)

 

(375)

General and administrative

 

426

 

(229)

 

(317)

Total operating expenses (income), before income taxes

$

3,683

$

(2,138)

$

(2,126)

Schedule of weighted-average assumptions

    

Year Ended December 31, 

    

2022

    

2021

    

2020

Dividend yield

1.13%

0.88%

1.01%-1.17%

Expected volatility

47.64%

49.45%

37.89%-43.09%

Risk-free interest

2.83%

0.5%

0.29%-1.43%

Expected life

4.10 years

 

3.61 years

 

3.57-4.23 years

Schedule of share-based compensation expenses

    

Year Ended December 31, 

    

2022

    

2021

    

2020

Cost of revenues

$

425

$

411

$

181

Research and development expenses, net

 

3,481

 

2,772

 

1,535

Selling and marketing expenses

 

6,032

 

6,170

 

3,635

General and administrative expenses

 

5,184

 

4,811

 

3,420

Total share-based compensation expenses

$

15,122

$

14,164

$

8,771