XML 17 R3.htm IDEA: XBRL DOCUMENT v3.23.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
CURRENT ASSETS:    
Cash and cash equivalents $ 244,686 $ 451,355
Short-term deposits 526,328 411,687
Restricted deposits 13,669 7,012
Marketable securities 292,449 456,515
Trade receivables 42,086 30,367
Prepaid expenses and other current assets 28,519 32,877
Total current assets 1,147,737 1,389,813
LONG-TERM ASSETS:    
Prepaid expenses and other long-term assets 23,027 41,554
Property and equipment, net 108,738 50,437
Marketable securities 194,964 387,341
Intangible assets, net 33,964 40,247
Goodwill 49,329 49,300
Operating lease right-of-use assets 200,608 101,095
Total long-term assets 610,630 669,974
TOTAL ASSETS 1,758,367 2,059,787
CURRENT LIABILITIES:    
Trade payables 96,071 114,584
Employees and payroll accruals 86,113 83,251
Deferred revenues 529,205 484,446
Current portion of convertible notes, net 361,621 0
Accrued expenses and other current liabilities 88,194 62,816
Operating lease liabilities 29,268 29,201
Total current liabilities 1,190,472 774,298
LONG-TERM LIABILITIES:    
Convertible Notes Payable, Noncurrent 566,566 922,974
Long-term deferred revenues 70,594 59,966
Long-term deferred tax liabilities 14,902 72,803
Other long-term liabilities 6,093 2,267
Long-term operating lease liabilities 172,982 81,764
Total long-term liabilities 831,137 1,139,774
Total liabilities 2,021,609 1,914,072
Commitments and contingencies
SHAREHOLDERS' EQUITY (DEFICIENCY):    
Ordinary shares of NIS 0.01 par value - Authorized: 500,000,000 shares at December 31, 2022 and 2021; Issued 59,973,409 and 58,149,325 shares at December 31, 2022 and 2021, respectively; Outstanding: 56,305,462 and 57,254,189 shares at December 31, 2022 and 2021, respectively 108 111
Additional paid-in capital 1,274,968 994,795
Treasury Shares at cost, 3,667,947 ordinary shares as of December 31, 2022 and 895,136 as of December 31, 2021 (431,862) (199,997)
Accumulated other comprehensive income (loss) (33,455) (1,056)
Accumulated deficit (1,073,001) (648,138)
Total shareholders' equity (deficiency) (263,242) 145,715
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY (DEFICIENCY) $ 1,758,367 $ 2,059,787
Common stock, par or stated value per share (in USD per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 500,000,000 500,000,000