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SHAREHOLDERS' EQUITY (Tables)
12 Months Ended
Dec. 31, 2021
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Schedule of Assumptions Used to Estimate Fair Value

The fair value of the Company's stock options granted for the years ended December 31, 2021, 2020 and 2019 was estimated using the following weighted average assumptions:

   

Year ended December 31,

 
   

2021

   

2020

   

2019

 

 

                       

Risk free interest

   

0.26%-1.14%

     

-

     

1.35%-2.51%

 

Dividend yields

   

0%

     

-

     

0%

 

Volatility

   

41.09%-50.62%

     

-

     

33.35%-34.32%

 

Expected term (in years)

   

4.00-4.04

     

-

     

4.22-4.26

 
Schedule of Stock-Based Compensation Expenses

During the year ended December 31, 2021, 2020 and 2019 the stock-based compensation for options were recognized in the consolidated statement of income (loss) in the following line items:

   

Year ended December 31,

 
   

2021

   

2020

   

2019

 

 

                       

Cost of revenues of products

 

$

137

   

$

82

   

$

138

 

Cost of revenues of services

   

140

     

84

     

120

 

Research and development, net

   

304

     

279

     

280

 

Selling and marketing

   

422

     

287

     

448

 

General and administrative

   

301

     

550

     

1,149

 
   

$

1,304

   

$

1,282

   

$

2,135

 
Employee [Member]  
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]  
Schedule of Stock Option Activity

A summary of employee option balances under the 2008 Plan as of December 31, 2021 and changes during the year then ended are as follows:

   

Number of options

   

Weighted-average

exercise

price *)

   

Weighted- average

remaining

contractual term

(in years)

   

Aggregate intrinsic

value

(in thousands)

*)

 

 

                               

Outstanding at January 1, 2021

   

2,776,778

   

$

6.1

     

3.0

   

$

4,142

 

 

                               

Granted

   

2,422,500

   

$

8.1

                 

Exercised

   

(1,391,384

)

 

$

4.6

                 

Forfeited and cancelled

   

(708,750

)

 

$

8.0

                 

 

                               

Outstanding as of December 31, 2021

   

3,099,144

   

$

7.8

     

4.5

   

$

1,737

 

 

                               

Exercisable as of December 31, 2021

   

434,769

   

$

6.4

     

2.3

   

$

504

 

*) In January 2021 the Company distributed a cash dividend in the amount of $35,003 or $0.63 per share. All exercise prices were updated on a retrospective basis (See Note 11.c)

Schedule of Stock Option Activity by Exercise Price

The outstanding and exercisable options granted under the 2008 Plan as of December 31, 2021, have been separated into ranges of exercise price as follows:

Ranges of

exercise

price

   

Options

outstanding

as of

December 31,

2021

   

Weighted

average

remaining

contractual

life (in years)

   

Weighted

average

exercise

price

   

Options

exercisable

as of

December 31,

2021

   

Weighted

average exercise

price of

exercisable

options

 

 

                               

$3.51-5.07

     

137,893

     

0.7

   

$

3.8

     

137,893

     

3.8

 

$6.22-8.52

     

2,161,251

     

4.5

   

$

6.7

     

296,876

     

7.6

 

$9.92-11.92

     

800,000

     

5.3

   

$

11.5

     

-

     

-

 

 

                                         
       

3,099,144

     

4.5

   

$

7.8

     

434,769

     

6.4