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<div> <div> <div style="text-align:left;line-height:1.25">NOTE 1: GENERAL </div> <div style="text-align:justify;line-height:1.25">WalkMe Ltd. (together with its subsidiaries, The "Company") was incorporated under the laws of Israel and commenced its operations on October 26, 2011. The Company provides a cloud-based Digital Adoption Platform that enables organizations to better realize the value of their software investments. The Digital Adoption Platform drives the success of digital transformation initiatives by empowering the Company’s customers with critical business insights to increase software adoption and improve user experiences for their employees and customers. WalkMe Ltd. has subsidiaries in the US, Australia, United Kingdom, Singapore, Canada, Germany, and Japan.</div> <div style="line-height:1.25"> </div> <div style="text-align:justify;line-height:1.25">On June 16, 2021, the Company completed its initial public offering (“IPO”), in which the Company issued and sold 9,250,000 shares of its ordinary shares at an offering price of $31.00 per share. The Company received net proceeds of $263,911 after deducting underwriting discounts and commissions of $18,639, and other issuance costs of $4,200. Immediately prior to the closing of the IPO, all convertible preferred shares then outstanding automatically converted into 59,180,522 ordinary shares.</div> <div style="line-height:1.25"> </div> </div> </div>

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<div> <div style="line-height:1.25">NOTE 2: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</div> <div style="line-height:1.25"> </div> <div style="line-height:1.25">The consolidated financial statements are prepared in accordance with generally accepted accounting principles in the United States ("U.S. GAAP") as set forth in the Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC).</div> <div style="line-height:1.25"> </div> <div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:21.25pt;vertical-align:top;align:right">a.</td> <td style="width:auto;vertical-align:top"> <div>Principles of consolidation:</div> </td> </tr> </table> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">The consolidated financial statements include accounts of the Company’s wholly-owned subsidiaries as well as the Japanese subsidiary in which the Company controls a majority stake. All intercompany accounts and transactions are eliminated.</div> </div> <div style="line-height:1.25"> </div> <div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:21.25pt;vertical-align:top;align:right">b.</td> <td style="width:auto;vertical-align:top"> <div>Use of estimates:</div> </td> </tr> </table> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates, judgments and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Significant items subject to such estimates and assumptions include, but are not limited to income taxes, share-based compensation, deferred contract acquisition costs, capitalized software development costs, as well as in estimates used in applying the revenue recognition policy. The Company's management believes that the estimates, judgment and assumptions used are reasonable based upon information available at the time they are made. These estimates, judgments and assumptions can affect the reported amounts of assets and liabilities at the dates of the consolidated financial statements, and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.</div> </div> <div style="line-height:1.25"> </div> <div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:21.25pt;vertical-align:top;align:right">c.</td> <td style="width:auto;vertical-align:top"> <div>Foreign currency:</div> </td> </tr> </table> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">Most of the Company’s revenues and costs are denominated in U.S. dollar. The Company’s management believes that the dollar is the primary currency of the economic environment in which the Company operate, thus, the functional and reporting currency of the Company is the U.S. dollar, with the exception of its Japanese subsidiary, for which the Japanese Yen is the functional currency. Accordingly, monetary accounts maintained in currencies other than the U.S. dollar are re-measured into U.S. dollars in accordance with Accounting Standard Codification ("ASC") No. 830 "Foreign Currency Matters." All transaction gains and losses of the re-measured monetary balance sheet items are reflected in the consolidated statements of operations as financial income or expenses, as appropriate. </div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">The financial statements of the Japanese subsidiary are translated to U.S. dollars using the balance sheet date exchange rates for assets and liabilities, historical rates of exchange for equity, and average exchange rates in the period for revenues and expenses. The effects of foreign currency translation adjustments are included in shareholders’ equity as a component of accumulated other comprehensive income (loss) in the accompanying consolidated balance sheets.</div> </div> <div/> <div style="line-height:1.25"> </div> <div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:21.25pt;vertical-align:top;align:right">d.</td> <td style="width:auto;vertical-align:top"> <div>Cash and cash equivalents:</div> </td> </tr> </table> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">Cash equivalents are short-term, highly liquid investments that are readily convertible to cash with original maturities of three months or less, at the date acquired. As of December 31, 2022 and 2021, the Company’s cash and cash equivalents consisted of $46,105 and $59,770 of cash held in the Company’s checking accounts and $48,000 and $217,119 bank deposits with original maturities of three months or less, respectively.</div> </div> <div style="line-height:1.25"> </div> <div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:21.25pt;vertical-align:top;align:right">e.</td> <td style="width:auto;vertical-align:top"> <div>Short-term bank deposits:</div> </td> </tr> </table> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">Short-term bank deposits are deposits with maturities of more than three months and less than one year. As of December 31, 2022 and 2021, the Company’s bank deposits are denominated in U.S. dollars and bears yearly interest at weighted average rates of 4.84% and 0.74%. Short-term bank deposits are presented at their cost, including accrued interest.</div> </div> <div style="line-height:1.25"> </div> <div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:21.25pt;vertical-align:top;align:right">f.</td> <td style="width:auto;vertical-align:top"> <div>Restricted deposits:</div> </td> </tr> </table> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25;margin-top:0pt;margin-bottom:0pt">These deposits are used as security for rental of premises and classified according to the lease agreements’ term. </div> </div> <div style="line-height:1.25;text-indent:0px"> <div> g. Investments in marketable securities: The Company accounts for investments in marketable securities in accordance with ASC No. 320, “Investments - Debt Securities”. Management determines the appropriate classification of its investments at the time of purchase and reevaluates such determinations at each balance sheet date. The Company classifies all of its marketable securities as available-for-sale (“AFS”) as the Company may sell these securities at any time for use in its current operations or for other purposes, even prior to maturity. Available-for-sale securities are carried at fair value, with the unrealized gains and losses, reported in accumulated other comprehensive income (loss) in shareholders' equity. Realized gains and losses on sale of investments are included in financial income, net and are derived using the specific identification method for determining the cost of securities sold. The amortized cost of debt securities is adjusted for amortization of premiums and accretion of discounts to maturity. Such amortization together with interest on securities is included in financial income, net. For unrealized losses in marketable securities that the Company does not intend to sell before maturity, the Company further evaluates whether declines in fair value below amortized cost are due to credit or non-credit related factors. As of December 31, 2022 there was no other-than-temporary-impairment charge for any unrealized losses. </div> </div> <div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:21.25pt;vertical-align:top;align:right">h.</td> <td style="width:auto;vertical-align:top"> <div>Fair value of financial instruments:</div> </td> </tr> </table> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">The Company applies ASC No. 820, "Fair Value Measurements and Disclosures" ("ASC No. 820"), with respect to fair value measurements of all financial assets and liabilities. </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">The accounting guidance for fair value provides a framework for measuring fair value, clarifies the definition of fair value, and expands disclosures regarding fair value measurements. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability (an exit price) in an orderly transaction between market participants at the reporting date. A three-tier fair value hierarchy is established as a basis for considering such assumptions and for inputs used in the valuation methodologies in measuring fair value:</div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">Level 1 Inputs: Unadjusted quoted prices in active markets for identical assets or liabilities accessible to the reporting entity at the measurement date.</div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">Level 2 Inputs: Other than quoted prices included in Level 1 inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the asset or liability.</div> <div style="line-height:1.25"> <div/> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">Level 3 Inputs: Unobservable inputs for the asset or liability used to measure fair value to the extent that observable inputs are not available, thereby allowing for situations in which there is little, if any, market activity for the asset or liability at measurement date.</div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">A financial instrument’s categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement.</div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">Cash equivalents, short term deposits, short term restricted deposit, trade receivable, trade payable, employee and payroll accruals and accrued expenses are stated at their carrying value, which approximates fair value due to the short time to the expected receipt or payment date.</div> <div style="line-height:1.25"> </div> </div> <div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:21.25pt;vertical-align:top;align:right">i.</td> <td style="width:auto;vertical-align:top"> <div>Concentration of credit Risk:</div> </td> </tr> </table> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">Financial instruments that potentially subject the Company to credit risk primarily consist of cash and cash equivalents, short term deposits, restricted deposits, marketable securities and trade receivables. For cash and cash equivalents, the Company is exposed to credit risk in the event of default by the financial institutions to the extent of the amounts recorded on the accompanying consolidated balance sheets exceed federally insured limits. The Company places its cash and cash equivalents and short-term deposits with financial institutions with high-quality credit ratings and has not experienced any losses in such accounts. </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">Marketable securities are invested in securities denominated in dollar.</div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">The Company's marketable securities consist of investments in U.S. Treasuries and U.S. Government Agencies.</div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">For trade receivable, the Company is exposed to credit risk in the event of non-payment by customers to the extent of the amounts recorded on the accompanying consolidated balance sheets.</div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">As of December 31, 2022 and 2021 and for the years ended on these dates, there were no customers represented balance greater than 10% and no customers represented greater amount than 10% of total revenue.</div> </div> <div style="line-height:1.25"> </div> <div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:21.25pt;vertical-align:top;align:right">j.</td> <td style="width:auto;vertical-align:top"> <div>Derivative Financial Instruments</div> </td> </tr> </table> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">The Company enters into foreign currency forward and option contracts with financial institutions to protect against foreign exchange risks for the exposure to changes in the exchange rate of the New Israeli Shekel (“NIS”) against the U.S. dollar that are associated with forecasted future cash flows and certain current existing assets and liabilities for up to twelve months. The Company’s primary objective in entering into these contracts is to reduce the volatility of earnings and cash flows associated with changes in foreign currency exchange rates. The Company’s derivative instruments expose the Company to credit risk to the extent that the counterparties may be unable to meet the terms of the contract. The Company seeks to mitigate such risk by limiting its counterparties to major financial institutions. In addition, the potential risk of loss resulting from this type of credit risk is monitored on an ongoing basis. The Company does not use derivative instruments for trading or speculative purposes.</div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">The Company accounts for its derivative instruments based on ASC No. 815, “Derivatives and Hedging” (“ASC No. 815”). ASC No. 815 requires the Company to recognize all derivatives on the balance sheets at fair value. The accounting for changes in the fair value of a derivative depends on the intended use of the derivative and the resulting designation. Derivative instruments that hedge the exposure to variability in expected future cash flows that are designated as cash flow hedges, are recorded as either prepaid expenses and other assets or accrued expenses and other liabilities in the consolidated balance sheets. The Company records changes in the fair value of these derivatives in accumulated other comprehensive income (loss) in the consolidated balance sheets, until the forecasted transaction occurs. </div> <div/> <div style="text-align:justify;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">Upon occurrence, the Company reclassifies the related gain or loss on the derivative to the same financial statement line item in the consolidated statements of operations to which the derivative relates.</div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">As of December 31, 2022 and 2021, the gross notional amount of the Company’s outstanding foreign currency contracts designated as hedging instruments was $50,298 and $32,797 respectively. </div> </div> <div style="line-height:1.25"> </div> <div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:21.25pt;vertical-align:top;align:right">k.</td> <td style="width:auto;vertical-align:top"> <div>Trade receivables:</div> </td> </tr> </table> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">Trade receivables includes billed and unbilled receivables. Trade receivables are recorded at invoiced amounts and do not bear interest. The Company generally does not require collateral and provides for expected losses. The expectation of collectability is based on a review of credit profiles of customers, contractual terms and conditions, current economic trends, and historical payment experience. The Company regularly reviews the adequacy of its allowances by considering the age of each outstanding invoice and the collection history of each customer and future collection expectations to determine the appropriate amount of allowances. Trade receivables deemed uncollectible are charged against the allowance for doubtful accounts when identified.</div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">Unbilled trade receivables represent an unconditional right to consideration for the Company’s performance under the customer contract occurs before invoicing to the customer. As of December 31, 2022 and 2021, unbilled trade receivables of $4,084 and $5,477, respectively, was included in trade receivables on the Company’s consolidated balance sheets.</div> </div> <div style="line-height:1.25"> </div> <div> <div> <div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:21.25pt;vertical-align:top;align:right">l.</td> <td style="width:auto;vertical-align:top"> <div>Property and equipment:</div> </td> </tr> </table> <div style="margin-left:21.3pt;line-height:1.25"> </div> <div style="margin-left:21.3pt;line-height:1.25">Property and equipment are stated at cost, net of accumulated depreciation. Depreciation is calculated using the straight-line method over the estimated useful lives of the assets, at the following annual rates:</div> <div style="line-height:1.25"> </div> <div style="margin-left:27pt"> <div> <table border="0" cellpadding="0" cellspacing="0" style="width:90%"> <tr> <td style="vertical-align:bottom;width:52%"> </td> <td style="vertical-align:top;width:3%"> </td> <td style="vertical-align:bottom;border-bottom:2px solid rgb(0, 0, 0);width:45%"> <div style="text-align:center;line-height:1.25;font-family:'Times New Roman',Times,serif">%</div> </td> </tr> <tr> <td style="vertical-align:bottom;width:52%"> </td> <td style="vertical-align:top;width:3%"> </td> <td style="vertical-align:bottom;width:45%"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:rgb(204, 238, 255);width:52%"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:8.5pt">Software, computers and peripheral equipment</div> </td> <td style="vertical-align:top;background-color:rgb(204, 238, 255);width:3%"> </td> <td style="vertical-align:bottom;background-color:rgb(204, 238, 255);text-align:center;width:45%">33</td> </tr> <tr> <td style="vertical-align:bottom;width:52%"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:8.5pt">Office furniture and equipment</div> </td> <td style="vertical-align:top;width:3%"> </td> <td style="vertical-align:bottom;width:45%"> <div style="text-align:center;line-height:1.25">10-33</div> </td> </tr> <tr> <td style="vertical-align:top;background-color:rgb(204, 238, 255);width:52%"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:8.5pt">Capitalized development costs</div> </td> <td style="vertical-align:top;background-color:rgb(204, 238, 255);width:3%"> </td> <td style="vertical-align:top;background-color:rgb(204, 238, 255);text-align:center;width:45%">33</td> </tr> <tr> <td style="vertical-align:top;width:52%"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:8.5pt">Leasehold improvement</div> </td> <td style="vertical-align:top;width:3%"> </td> <td style="vertical-align:top;width:45%"> <div style="text-align:center;line-height:1.25">By the shorter of remaining lease term or estimated useful life of the asset</div> </td> </tr> </table> </div> </div> </div> <div style="line-height:1.25"> </div> <div> <div style="text-align:justify;line-height:1.25;padding-left:0px;text-indent:0in">m. Long-lived assets:</div> <div style="text-align:justify;line-height:1.25;padding-left:0px;text-indent:0in"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">The long-lived assets of the Company are reviewed for impairment in accordance with ASC No. 360, "Property, Plant and Equipment" ("ASC No. 360"), whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. The recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to the future undiscounted cash flows expected to be generated by the assets. If such assets are considered to be impaired, the impairment to be recognized is measured by the amount by which the carrying amount of the assets exceeds the fair value of the assets. </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25;margin-top:0pt;margin-bottom:0pt">During the year ended December 31, 2022, the Company recorded an impairment of $2,246 related to certain right-of use and intangible assets. No impairment losses were identified for the year ended December 31, 2021 and 2020.</div> </div> </div> </div> <div style="line-height:1.25"> <div> n. Leases: On January 1, 2022, the Company adopted ASU No. 2016-02, Leases (ASC 842). The Company determines if an arrangement is a lease and the classification of that lease at inception based on: (1) whether the contract involves the use of a distinct identified asset, (2) whether the Company obtains the right to substantially all the economic benefits from the use of the asset throughout the period, and (3) whether the Company has a right to direct the use of the asset. <div/> The Company elected to not recognize a lease liability and a right-of-use (“ROU”) asset for leases with a term of twelve months or less. The Company also elected the practical expedient to not separate lease and non-lease components for its leases. ROU assets represent the right to use an underlying asset for the lease term and lease liabilities represent the obligation to make minimum lease payments arising from the lease. ROU assets are initially measured at amounts, which represents the present value of the lease payments over the lease, plus any initial direct costs incurred. The lease liability is initially measured at lease commencement date based on the present value of lease payments over the lease term. The implicit rate within the operating leases is generally not determinable, therefore the Company uses the Incremental Borrowing Rate (“IBR”) based on the information available at commencement date in determining the present value of lease payments. The Company’s IBR is estimated to approximate the interest rate for collateralized borrowing with similar terms and payments and in economic environments where the leased asset is located. Certain leases include options to extend or terminate the lease. An option to extend the lease is considered in connection with determining the ROU asset and lease liability when it is reasonably certain that the Company will exercise that option. An option to terminate is considered unless it is reasonably certain that the Company will not exercise the option. Payments under the Company’s lease arrangements are primarily fixed, however, certain lease agreements contain variable payments, which are expensed as incurred and not included in the operating lease right-of-use assets and liabilities. Variable lease payments are primarily comprised of payments affected by CPI and utility charges. Lease expenses are recognized on a straight-line basis over the lease term. </div> </div> <div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:21.25pt;vertical-align:top;align:right">o.</td> <td style="width:auto;vertical-align:top"> <div>Business combinations:</div> </td> </tr> </table> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">The Company accounts for business combinations in accordance with ASC 805, "Business Combinations" (“ASC 805”). ASC 805 requires recognition of assets acquired, liabilities assumed, and any non-controlling interest at the acquisition date, measured at their fair values as of that date. Any excess of the fair value of net assets acquired over purchase price is allocated to goodwill and any subsequent changes in estimated contingencies are to be recorded in earnings. Acquisition related costs are expensed to the statement of operations in the period incurred. The Company accounts for a transaction as an asset acquisition when substantially all of the fair value of the gross assets acquired is concentrated in a single identifiable asset or group of similar identifiable assets, or otherwise does not meet the definition of a business. Asset acquisition-related direct costs are capitalized as part of the asset or assets acquired.</div> </div> <div style="line-height:1.25"> </div> <div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:21.25pt;vertical-align:top;align:right">p.</td> <td style="width:auto;vertical-align:top"> <div>Goodwill and intangible assets:</div> </td> </tr> </table> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">Goodwill represents the excess of the purchase price in a business combination over the fair value of net assets acquired. Goodwill is not amortized, but rather the carrying amounts of these assets are assessed for impairment at least annually in the fourth quarter, or more frequently if events or changes in circumstances indicate that the carrying value of these assets may not be recoverable. Goodwill impairment, if any, is determined by comparing the reporting unit fair value to its carrying value. An impairment loss is recognized in an amount equal to the excess of the reporting unit’s carrying value over its fair value, up to the amount of goodwill allocated to the reporting unit. There was no goodwill impairment for the years ended December 31, 2022, 2021 and 2020.</div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">Intangible assets are amortized on a straight-line basis over the estimated useful life of the respective asset. Each period the Company evaluates the estimated remaining useful lives of its intangible assets and whether events or changes in circumstances warrant a revision to the remaining period of amortization.</div> </div> <div/> <div style="line-height:1.25"> </div> <div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:21.25pt;vertical-align:top;align:right">q.</td> <td style="width:auto;vertical-align:top"> <div>Severance pay:</div> </td> </tr> </table> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">The Israeli Severance Pay Law, 1963 ("Severance Pay Law"), specifies that employees are entitled to severance payment, following the termination of their employment. Under the Severance Pay Law, the severance payment is calculated as one month salary for each year of employment, or a portion thereof.</div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">All of the Company's liability for severance pay is covered by the provisions of Section 14 of the Israeli Severance Pay Law ("Section 14"). Under Section 14 employees are entitled to monthly deposits, at a rate of 8.33% of their monthly salary, continued on their behalf to their insurance funds. Payments in accordance with Section 14 release the Company from any future severance payments in respect of those employees. As a result, the Company does not recognize any liability for severance pay due to these employees and the deposits under Section 14 are not recorded as an asset in the Company's consolidated balance sheets.</div> <div style="line-height:1.25"> </div> <div style="margin-left:21.3pt;line-height:1.25;margin-top:0pt;margin-bottom:0pt">Severance expense for the years ended December 31, 2022, 2021 and 2020 amounted to $3,967, $3,490 and $2,495 respectively.</div> </div> <div style="line-height:1.25"> <div> r. U.S. defined contribution plan: The U.S. subsidiary has a 401(k) defined contribution plan covering certain employees in the U.S. Effective January 1, 2022. The Company matches 100% of employee contributions to the plan up to a limit of 5% of their eligible compensation. For the year ended December 31, 2022 the U.S. subsidiary recorded expenses for matching contributions of $2,211. </div> </div> <div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:21.25pt;vertical-align:top;align:right">s.</td> <td style="width:auto;vertical-align:top"> <div>Contingencies:</div> </td> </tr> </table> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="margin-left:21.3pt;line-height:1.25;text-align:justify">The Company accounts for its contingent liabilities in accordance with ASC 450, Contingencies ("ASC 450"). A provision is recorded when it is both probable that a liability has been incurred and the amount of the loss can be reasonably estimated. With respect to legal matters, provisions are reviewed and adjusted to reflect the impact of negotiations, estimated settlements, legal rulings, advice of legal counsel and other information and events pertaining to a particular matter.</div> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:21.25pt;vertical-align:top;align:right">t.</td> <td style="width:auto;vertical-align:top"> <div>Revenue recognition:</div> </td> </tr> </table> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">The Company recognizes revenue in accordance with ASC Topic 606, Revenue from contracts with customers (“ASC 606”) and determines revenue recognition through the following steps:</div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="line-height:1.25"> <table style="margin-left:5px;border-collapse:collapse;border:0px;width:100%"> <tr> <td style="padding:0cm;width:40px" valign="top"> </td> <td style="padding:0cm;width:45px" valign="top"> 1. </td> <td style="padding:0cm" valign="top"> Identification of the contract, or contracts, with a customer; </td> </tr> <tr> <td style="padding:0cm;width:40px" valign="top"> </td> <td style="padding:0cm;width:45px" valign="top"> 2. </td> <td style="padding:0cm" valign="top"> Identification of the performance obligations in the contract; </td> </tr> <tr> <td style="padding:0cm;width:40px" valign="top"> </td> <td style="padding:0cm;width:45px" valign="top"> 3. </td> <td style="padding:0cm" valign="top"> Determination of the transaction price; </td> </tr> <tr> <td style="padding:0cm;width:40px" valign="top"> </td> <td style="padding:0cm;width:45px" valign="top"> 4. </td> <td style="padding:0cm" valign="top"> Allocation of the transaction price to the performance obligations in the contract; and </td> </tr> <tr> <td style="padding:0cm;width:40px" valign="top"> </td> <td style="padding:0cm;width:45px" valign="top"> 5. </td> <td style="padding:0cm" valign="top"> Recognition of revenue when, or as, the performance obligations are satisfied. </td> </tr> </table> </div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">The Company revenues are comprised from Software-as-a-Service (“SaaS”) subscriptions and professional services. The Company solution, which allow the customer to access its hosted platform over the contract period without taking possession of the platform, provided on a subscription basis, and recognized ratably over the contract period. Professional services revenues are recognized as services are performed.</div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">The Company recognizes revenue when its customer obtains control of promised services in an amount that reflects the consideration that the company expects to receive in exchange for those services.</div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">Subscription services and professional services arrangements are generally non-cancelable and do not allow refunds to customers.</div> <div/> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">The transaction price is determined based on the consideration to which the Company will be entitled in exchange for transferring goods or services to the customer, excluding taxes assessed by a governmental authority, that are collected by the Company from a customer.</div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">For arrangements with multiple performance obligations, which represent promises within an arrangement that are capable of being distinct, the Company allocates revenue to all distinct performance obligations based on their relative stand-alone selling price (“SSP”). The Company uses judgment in determining the SSP. If the SSP is not observable through standalone transactions, the Company estimates the SSP considering available information such as market segment, number of users, geographic factors, and internally approved pricing guidelines related to the performance obligation.</div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">The Company typically establish SSP for its products and services, which is reassessed on a periodic basis or when facts and circumstances change.</div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">The Company applied the practical expedient in Topic 606 and did not evaluate contracts of one year or less for the existence of a significant financing component.</div> </div> <div style="line-height:1.25"> </div> <div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:21.25pt;vertical-align:top;align:right">u.</td> <td style="width:auto;vertical-align:top"> <div>Cost to obtain a contract:</div> </td> </tr> </table> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">As part of ASC 340-40, Other assets and deferred costs, the Company capitalizes sales commissions and associated payroll taxes paid to sales personnel that are incremental to the acquisition of customer contracts. The guidance resulted in the capitalization of additional contract acquisition costs, which are subsequently amortized over the period of benefit which is four years by taking into consideration the length of terms in its customer contracts including expected renewals and churn, life of the technology and other factors. Sales commissions for the renewal of a contract are not considered commensurate with the sales commissions paid for the acquisition of the initial contract given a substantive difference in commission rates in proportion to their respective contract values.</div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">We have applied the practical expedient to expense costs as incurred for costs to obtain a contract with a customer when the amortization period would have been one year or less.</div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">The Company periodically reviews these deferred contract acquisition costs to determine whether events or changes in circumstances have occurred that could impact the period of benefit. There were no impairment losses recorded during the years ended December 31, 2022, 2021 and 2020. </div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">The following table represents a rollforward of deferred contract acquisition costs:</div> <div style="line-height:1.25"> </div> <div style="margin-left:27pt"> <div> <table border="0" cellpadding="0" cellspacing="0" style="width:90%;color:#000000;font-family:'Times New Roman', Times, serif;font-size:10pt;text-align:left"> <tr> <td style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="10" style="vertical-align:top;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold;text-indent:2pt">Year ended</div> <div style="text-align:center;line-height:1.25;font-weight:bold;text-indent:2pt">December 31,</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:top;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">2022</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:top;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">2021</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:top;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">2020</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">Beginning balance</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">56,374</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">29,729</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">20,769</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%" valign="bottom"> <div style="line-height:1.25">Additions to deferred contract acquisition costs</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">33,711</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">41,396</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">17,160</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">Amortization of deferred contract acquisition costs</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">(23,688</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:1px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> <div style="line-height:1.25">)</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">(14,751</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:1px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> <div style="line-height:1.25">)</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">(8,200</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:1px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> <div style="line-height:1.25">)</div> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%" valign="bottom"> <div style="line-height:1.25">Ending balance</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">66,397</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">56,374</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">29,729</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">Deferred contract acquisition costs (to be recognized in next 12 months)</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">26,287</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">20,405</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">10,712</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;padding-bottom:4px" valign="bottom"> <div style="line-height:1.25">Deferred contract acquisition costs, non-current</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0)" valign="bottom">40,110</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0)" valign="bottom">35,969</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0)" valign="bottom">19,017</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;white-space:nowrap" valign="bottom"> </td> </tr> </table> </div> </div> </div> <div style="line-height:1.25"> </div> <div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:21.25pt;vertical-align:top;align:right">v.</td> <td style="width:auto;vertical-align:top"> <div>Deferred revenues and remaining performance obligations:</div> </td> </tr> </table> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">Deferred revenue primarily consists of billings or payments received in advance of revenue recognition and is recognized as the revenue recognition criteria are met. The Company recognized revenue of $82,080 and $53,570 for the years ended December 31, 2022 and 2021, respectively, that were included in the corresponding contract liability balance at the beginning of the period.</div> <div style="text-align:justify;line-height:1.25"> <div/> </div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">Deferred revenue that is anticipated to be recognized during the succeeding 12-months period is recorded as current deferred revenue and the remaining portion is recorded as non-current deferred revenue. For disaggregation of revenue please refer to Note 12.</div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">As of December 31, 2022, the total remaining non-cancellable performance obligations under the Company’s contracts with customers was $374,023. Of this amount, the Company expects to recognize revenue of $215,514, or 58%, over the next 12 months, with the remainder to be recognized thereafter. </div> </div> <div style="line-height:1.25"> </div> <div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:21.25pt;vertical-align:top;align:right">w.</td> <td style="width:auto;vertical-align:top"> <div>Software development costs:</div> </td> </tr> </table> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">The Company capitalizes qualifying internal use software development costs related to its cloud platform. The costs consist of personnel costs (including related benefits and share-based compensation) that are incurred during the application development stage. Capitalization of costs begins when two criteria are met: (1) the preliminary project stage is completed, and (2) it is probable that the software will be completed and used for its intended function. Capitalization ceases when the software is substantially complete and ready for its intended use, including the completion of all significant testing. Costs related to preliminary project activities and post implementation operating activities are expensed as incurred. Capitalized costs are included in property and equipment, net. These costs are amortized over the estimated useful life of the software, which is three years, on a straight-line basis, which represents the manner in which the expected benefit will be derived. The amortization of costs related to the platform applications is included in cost of revenue in the consolidated statements of operations.</div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">Management evaluates the useful lives of these assets on an annual basis and tests for impairment whenever events or changes in circumstances occur that could impact the recoverability of these assets.</div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">For the years ended December 31, 2022, 2021 and 2020 the Company capitalized a total amount of $4,955, $3,912 and $1,530 respectively.</div> </div> <div style="line-height:1.25"> </div> <div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:21.25pt;vertical-align:top;align:right">x.</td> <td style="width:auto;vertical-align:top"> <div>Research and development:</div> </td> </tr> </table> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">Research and development costs include personnel-related costs associated with the Company’s engineering, data science, product and design teams as well as consulting and professional fees, for third-party development resources, third-party licenses for software development tools and allocated overhead costs. Research and development are generally expensed as incurred except for certain internal-use software development costs, which may be capitalized as noted above.</div> </div> <div style="line-height:1.25"> </div> <div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:21.25pt;vertical-align:top;align:right">y.</td> <td style="width:auto;vertical-align:top"> <div>Advertising expenses:</div> </td> </tr> </table> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">Advertising cost are expensed as incurred. Advertising expense amounted to $15,168, $18,658 and $13,148 for the years ended December 31, 2022, 2021 and 2020, respectively.</div> </div> <div style="line-height:1.25"> </div> <div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:21.25pt;vertical-align:top;align:right">z.</td> <td style="width:auto;vertical-align:top"> <div>Basic and diluted net loss per share:</div> </td> </tr> </table> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">Basic and diluted net loss per share is computed based on the weighted-average number of shares of ordinary shares outstanding during each year. Diluted loss per share is computed based on the weighted average number of ordinary shares outstanding during the period, plus dilutive potential shares considered outstanding during the period, in accordance with ASC 260-10. Basic and diluted net loss per share of ordinary shares was the same for each period presented as the inclusion of all potential ordinary shares outstanding was anti-dilutive.</div> </div> <div style="line-height:1.25"> </div> <div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:21.25pt;vertical-align:top;align:right">aa.</td> <td style="width:auto;vertical-align:top"> <div>Share-based compensation:</div> </td> </tr> </table> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">The Company accounts for share-based compensation in accordance with ASC 718, "Compensation – Stock Compensation" ("ASC 718"), including share options and restricted share units (RSUs) granted to employees, directors, and non-employees, and share purchase rights granted under the Employee Share Purchase Plan (“ESPP”) to employees, based on the estimated fair value of the awards on the date of grant.</div> <div/> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">The fair value of each share option granted is estimated using the Black-Scholes option-pricing model and for ESPP awards, the Company uses a Monte Carlo option-pricing model. The determination of the grant-date fair value using an option-pricing model is affected by the fair value of the Company’s ordinary share as well as a number of inputs, of which the most significant are the exercise price, volatility and the expected option term. The fair value of each RSU is based on the fair value of the Company’s ordinary shares on the date of grant.</div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">Share-based compensation is generally recognized on a straight-line basis over the requisite service period and based on the accelerated method for performance-based awards. Some of the awards granted are subject to certain performance criteria: accordingly compensation expense is recognized for such awards when it becomes probable that the related performance condition will be satisfied. Forfeitures are accounted for in the period in which they occur.</div> </div> <div style="line-height:1.25"> </div> <div> <div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:21.25pt;vertical-align:top;align:right">bb.</td> <td style="width:auto;vertical-align:top"> <div>Income taxes:</div> </td> </tr> </table> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">The Company accounts for income taxes in accordance with ASC 740, "Income Taxes" ("ASC 740"). This standard prescribes the use of the liability method, whereby deferred tax asset and liability accounts balances are determined based on differences between financial reporting and tax bases of assets and liabilities and are measured using the enacted tax rates and laws that will be in effect when the differences are expected to reverse. The Company provides a valuation allowance, if necessary, to reduce deferred tax assets to their estimated realizable value, and if it is more likely than not that some portion of the entire deferred tax asset will not be realized.</div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">The Company accounts for uncertain tax positions in accordance with the provisions of ASC 740-10, "Income Taxes". Accounting guidance addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the consolidated financial statements, under which a Company may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position.</div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">The tax benefits recognized in the consolidated financial statements from such a position should be measured based on the largest benefit that has a greater than fifty percent likelihood of being realized upon ultimate settlement.</div> </div> <div style="line-height:1.25"> </div> <div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:21.25pt;vertical-align:top;align:right">cc.</td> <td style="width:auto;vertical-align:top"> <div>Recently adopted accounting pronouncements:</div> </td> </tr> </table> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">As an “emerging growth company”, the Jumpstart Our Business Startups Act (“JOBS Act”) allows the Company to delay adoption of new or revised accounting pronouncements applicable to public companies until such pronouncements are made applicable to private companies. The Company has elected to use this extended transition period under the JOBS Act. The adoption dates discussed below reflect this election.</div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">In February 2016, the FASB issued ASU No. 2016-02, Leases (ASC 842). The standard requires the recognition of ROU assets and lease liabilities for all leases. The standard requires a modified retrospective transition approach to recognize and measure leases at the initial application. In June 2020, the FASB issued ASU No. 2020-05, Revenue from Contracts with Customers (Topic 606) and Leases (Topic 842): Effective Dates for Certain Entities, which defers the effective date of ASU 2016-02 for non-public entities to fiscal years beginning after December 15, 2021, and interim periods within fiscal years beginning after December 15, 2022. </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">The Company adopted the standard as of January 1, 2022, using a modified retrospective transition approach. The Company adopted the ”package of practical expedients”, which permits it not to reassess under the new standard its prior conclusions about lease identification, lease classification and initial direct costs. </div> <div/> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">As a result, the consolidated balance sheets as of December 31, 2021 were not restated, continue to be reported under ASC 840, which did not require recognition of operating lease assets and liabilities on the balance sheets, and are not comparative. The adoption of the standard resulted in the recognition of ROU assets and lease liabilities of $13,117 and $14,240, respectively, on January 1, 2022, which included reclassifying deferred rent and rent prepayments as components of the ROU assets. The standard did not have a material impact on the Company's consolidated statements of operations or cash flows.</div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">In December 2019, the FASB issued ASU No. 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes, which simplifies the accounting for income taxes by removing a variety of exceptions within the framework of ASC 740. These exceptions include the exception to the incremental approach for intraperiod tax allocation in the event of a loss from continuing operations and income or a gain from other items (such as other comprehensive income), and the exception to using general methodology for the interim period tax accounting for year-to-date losses that exceed anticipated losses. The standard did not have a material impact on the Company's consolidated statements of operations, financial positions or cash flows.</div> </div> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div> <div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:21.25pt;vertical-align:top;align:right">dd.</td> <td style="width:auto;vertical-align:top"> <div>Accounting pronouncements not yet adopted:</div> </td> </tr> </table> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, which replaces the existing incurred loss impairment model with an expected credit loss model and requires a financial asset measured at amortized cost to be presented at the net amount expected to be collected. The guidance will be effective for the Company beginning January 1, 2023, and interim periods therein. The Company has evaluated the effect of ASU 2016-13 and expects no material impact on the Company’s consolidated financial statements and disclosures.</div> </div> </div> </div>

46105000

59770000

48000000

217119000

<div> g. Investments in marketable securities: The Company accounts for investments in marketable securities in accordance with ASC No. 320, “Investments - Debt Securities”. Management determines the appropriate classification of its investments at the time of purchase and reevaluates such determinations at each balance sheet date. The Company classifies all of its marketable securities as available-for-sale (“AFS”) as the Company may sell these securities at any time for use in its current operations or for other purposes, even prior to maturity. Available-for-sale securities are carried at fair value, with the unrealized gains and losses, reported in accumulated other comprehensive income (loss) in shareholders' equity. Realized gains and losses on sale of investments are included in financial income, net and are derived using the specific identification method for determining the cost of securities sold. The amortized cost of debt securities is adjusted for amortization of premiums and accretion of discounts to maturity. Such amortization together with interest on securities is included in financial income, net. For unrealized losses in marketable securities that the Company does not intend to sell before maturity, the Company further evaluates whether declines in fair value below amortized cost are due to credit or non-credit related factors. As of December 31, 2022 there was no other-than-temporary-impairment charge for any unrealized losses. </div>

10%

10% 10%

50298000

32797000

4084000

5477000

<div> <table border="0" cellpadding="0" cellspacing="0" style="width:90%"> <tr> <td style="vertical-align:bottom;width:52%"> </td> <td style="vertical-align:top;width:3%"> </td> <td style="vertical-align:bottom;border-bottom:2px solid rgb(0, 0, 0);width:45%"> <div style="text-align:center;line-height:1.25;font-family:'Times New Roman',Times,serif">%</div> </td> </tr> <tr> <td style="vertical-align:bottom;width:52%"> </td> <td style="vertical-align:top;width:3%"> </td> <td style="vertical-align:bottom;width:45%"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:rgb(204, 238, 255);width:52%"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:8.5pt">Software, computers and peripheral equipment</div> </td> <td style="vertical-align:top;background-color:rgb(204, 238, 255);width:3%"> </td> <td style="vertical-align:bottom;background-color:rgb(204, 238, 255);text-align:center;width:45%">33</td> </tr> <tr> <td style="vertical-align:bottom;width:52%"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:8.5pt">Office furniture and equipment</div> </td> <td style="vertical-align:top;width:3%"> </td> <td style="vertical-align:bottom;width:45%"> <div style="text-align:center;line-height:1.25">10-33</div> </td> </tr> <tr> <td style="vertical-align:top;background-color:rgb(204, 238, 255);width:52%"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:8.5pt">Capitalized development costs</div> </td> <td style="vertical-align:top;background-color:rgb(204, 238, 255);width:3%"> </td> <td style="vertical-align:top;background-color:rgb(204, 238, 255);text-align:center;width:45%">33</td> </tr> <tr> <td style="vertical-align:top;width:52%"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:8.5pt">Leasehold improvement</div> </td> <td style="vertical-align:top;width:3%"> </td> <td style="vertical-align:top;width:45%"> <div style="text-align:center;line-height:1.25">By the shorter of remaining lease term or estimated useful life of the asset</div> </td> </tr> </table> </div> 33 10 33 33

By the shorter of remaining lease term or estimated useful life of the asset

<div> <div style="text-align:justify;line-height:1.25;padding-left:0px;text-indent:0in">m. Long-lived assets:</div> <div style="text-align:justify;line-height:1.25;padding-left:0px;text-indent:0in"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">The long-lived assets of the Company are reviewed for impairment in accordance with ASC No. 360, "Property, Plant and Equipment" ("ASC No. 360"), whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. The recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to the future undiscounted cash flows expected to be generated by the assets. If such assets are considered to be impaired, the impairment to be recognized is measured by the amount by which the carrying amount of the assets exceeds the fair value of the assets. </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25;margin-top:0pt;margin-bottom:0pt">During the year ended December 31, 2022, the Company recorded an impairment of $2,246 related to certain right-of use and intangible assets. No impairment losses were identified for the year ended December 31, 2021 and 2020.</div> </div>

2246000

<div> n. Leases: On January 1, 2022, the Company adopted ASU No. 2016-02, Leases (ASC 842). The Company determines if an arrangement is a lease and the classification of that lease at inception based on: (1) whether the contract involves the use of a distinct identified asset, (2) whether the Company obtains the right to substantially all the economic benefits from the use of the asset throughout the period, and (3) whether the Company has a right to direct the use of the asset. <div/> The Company elected to not recognize a lease liability and a right-of-use (“ROU”) asset for leases with a term of twelve months or less. The Company also elected the practical expedient to not separate lease and non-lease components for its leases. ROU assets represent the right to use an underlying asset for the lease term and lease liabilities represent the obligation to make minimum lease payments arising from the lease. ROU assets are initially measured at amounts, which represents the present value of the lease payments over the lease, plus any initial direct costs incurred. The lease liability is initially measured at lease commencement date based on the present value of lease payments over the lease term. The implicit rate within the operating leases is generally not determinable, therefore the Company uses the Incremental Borrowing Rate (“IBR”) based on the information available at commencement date in determining the present value of lease payments. The Company’s IBR is estimated to approximate the interest rate for collateralized borrowing with similar terms and payments and in economic environments where the leased asset is located. Certain leases include options to extend or terminate the lease. An option to extend the lease is considered in connection with determining the ROU asset and lease liability when it is reasonably certain that the Company will exercise that option. An option to terminate is considered unless it is reasonably certain that the Company will not exercise the option. Payments under the Company’s lease arrangements are primarily fixed, however, certain lease agreements contain variable payments, which are expensed as incurred and not included in the operating lease right-of-use assets and liabilities. Variable lease payments are primarily comprised of payments affected by CPI and utility charges. Lease expenses are recognized on a straight-line basis over the lease term. </div>

3967000

3490000

2495000

<div> r. U.S. defined contribution plan: The U.S. subsidiary has a 401(k) defined contribution plan covering certain employees in the U.S. Effective January 1, 2022. The Company matches 100% of employee contributions to the plan up to a limit of 5% of their eligible compensation. For the year ended December 31, 2022 the U.S. subsidiary recorded expenses for matching contributions of $2,211. </div>

0.05

2211000

<div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:21.25pt;vertical-align:top;align:right">u.</td> <td style="width:auto;vertical-align:top"> <div>Cost to obtain a contract:</div> </td> </tr> </table> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">As part of ASC 340-40, Other assets and deferred costs, the Company capitalizes sales commissions and associated payroll taxes paid to sales personnel that are incremental to the acquisition of customer contracts. The guidance resulted in the capitalization of additional contract acquisition costs, which are subsequently amortized over the period of benefit which is four years by taking into consideration the length of terms in its customer contracts including expected renewals and churn, life of the technology and other factors. Sales commissions for the renewal of a contract are not considered commensurate with the sales commissions paid for the acquisition of the initial contract given a substantive difference in commission rates in proportion to their respective contract values.</div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">We have applied the practical expedient to expense costs as incurred for costs to obtain a contract with a customer when the amortization period would have been one year or less.</div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">The Company periodically reviews these deferred contract acquisition costs to determine whether events or changes in circumstances have occurred that could impact the period of benefit. There were no impairment losses recorded during the years ended December 31, 2022, 2021 and 2020. </div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">The following table represents a rollforward of deferred contract acquisition costs:</div> <div style="line-height:1.25"> </div> <div style="margin-left:27pt"> <div> <table border="0" cellpadding="0" cellspacing="0" style="width:90%;color:#000000;font-family:'Times New Roman', Times, serif;font-size:10pt;text-align:left"> <tr> <td style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="10" style="vertical-align:top;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold;text-indent:2pt">Year ended</div> <div style="text-align:center;line-height:1.25;font-weight:bold;text-indent:2pt">December 31,</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:top;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">2022</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:top;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">2021</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:top;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">2020</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">Beginning balance</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">56,374</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">29,729</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">20,769</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%" valign="bottom"> <div style="line-height:1.25">Additions to deferred contract acquisition costs</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">33,711</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">41,396</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">17,160</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">Amortization of deferred contract acquisition costs</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">(23,688</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:1px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> <div style="line-height:1.25">)</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">(14,751</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:1px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> <div style="line-height:1.25">)</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">(8,200</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:1px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> <div style="line-height:1.25">)</div> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%" valign="bottom"> <div style="line-height:1.25">Ending balance</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">66,397</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">56,374</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">29,729</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">Deferred contract acquisition costs (to be recognized in next 12 months)</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">26,287</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">20,405</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">10,712</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;padding-bottom:4px" valign="bottom"> <div style="line-height:1.25">Deferred contract acquisition costs, non-current</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0)" valign="bottom">40,110</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0)" valign="bottom">35,969</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0)" valign="bottom">19,017</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;white-space:nowrap" valign="bottom"> </td> </tr> </table> </div> </div> </div>

56374000

29729000

20769000

33711000

41396000

17160000

23688000

14751000

8200000

66397000

56374000

29729000

26287000 20405000 10712000 40110000 35969000 19017000

82080000

53570000

374023000 215514000

0.58

4955000 3912000 1530000

15168000

18658000

13148000

13117000

14240000

<div> <div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:21.25pt;vertical-align:top;align:right">dd.</td> <td style="width:auto;vertical-align:top"> <div>Accounting pronouncements not yet adopted:</div> </td> </tr> </table> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, which replaces the existing incurred loss impairment model with an expected credit loss model and requires a financial asset measured at amortized cost to be presented at the net amount expected to be collected. The guidance will be effective for the Company beginning January 1, 2023, and interim periods therein. The Company has evaluated the effect of ASU 2016-13 and expects no material impact on the Company’s consolidated financial statements and disclosures.</div> </div> </div>

<div> <div style="line-height:1.25">NOTE 3: REDEEMABLE NON-CONTROLLING INTEREST</div> <div style="line-height:1.25"> <div style="line-height:1.25"> </div> <div style="text-align:justify;line-height:1.25">In January 2019, the Company entered into an agreement with Japan Cloud Computing, L.P. and M30 LLC (collectively, the “Investors”), which was amended on July 26, 2022, to engage in the investment, organization, management, and operation of the Japanese subsidiary that is focused on the distribution of the Company’s products in Japan. As of December 31, 2022, the Company contributed an aggregate amount of approximately $4,750 in cash in exchange for 51% of the outstanding common stock of the Japanese subsidiary. As of December 31, 2022 and 2021, the Company controls a majority stake in the Japanese subsidiary and as a result, the Company consolidated the Japanese subsidiary and all intercompany accounts have been eliminated. </div> </div> <div style="line-height:1.25"> <div style="line-height:1.25"> </div> <div style="text-align:justify;line-height:1.25">The agreement with the minority investors of the Japanese subsidiary contains redemption features whereby the interest held by the minority investors are redeemable either (i) at the option of the minority investors or (ii) at the option of the Company, both beginning on the eighth anniversary of the initial capital contribution. Should the call or put option be exercised, the redemption value would be determined based on a prescribed formula derived from certain financial performance indicators of the Japanese subsidiary and the Company and may be settled, at the Company’s discretion, with Company shares or cash.</div> <div style="line-height:1.25"> </div> <div style="text-align:justify;line-height:1.25">The balance of the redeemable non-controlling interest is reported at the greater of the initial carrying amount adjusted for the redeemable non-controlling interest’s share of earnings or losses and other comprehensive income or loss, or its estimated redemption value. The resulting changes in the estimated redemption amount (increases or decreases) are recorded with corresponding adjustments against retained earnings or, in the absence of retained earnings, additional paid-in-capital. Since the share redemption feature does not include a share cap these interests are presented on the consolidated balance sheets outside of permanent equity under the caption “Redeemable non-controlling interest”.</div> </div> <div/> <div style="line-height:1.25"> <div style="line-height:1.25"> </div> <div style="text-align:justify;line-height:1.25">The following table summarizes the activity in the redeemable non-controlling interests for the period indicated below: </div> </div> <div> <div style="margin-left:27pt"> <div> <table border="0" cellpadding="0" cellspacing="0" style="width:90%;color:#000000;font-family:'Times New Roman', Times, serif;font-size:10pt;text-align:left"> <tr> <td style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> <div style="margin-left:8.5pt;line-height:1.25"> </div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="10" style="vertical-align:bottom;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">Year ended December 31,</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">2022</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">2021</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:top;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">2020</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="2" style="vertical-align:top" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:8.5pt">Balance, beginning of period</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">23,901</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">8,647</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">2,041</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%" valign="bottom"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:8.5pt">Investment by redeemable non-controlling interest</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">-</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">-</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">2,330</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:8.5pt">Net loss attributable to redeemable non-controlling interest</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">(743</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> <div style="line-height:1.25">)</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">(1,169</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap;padding-bottom:0.75px;padding-top:2px" valign="bottom"> <div style="line-height:1.25">)</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">(1,311</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap;padding-bottom:0.75px;padding-top:2px" valign="bottom"> <div style="line-height:1.25">)</div> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%" valign="bottom"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:8.5pt">Adjustment to redeemable non-controlling interest</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">(14,979</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom">)</td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">16,689</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">5,487</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:8.5pt">Foreign currency translation</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">(99</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:1px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> <div style="line-height:1.25">)</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">(266</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:1px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom">)</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">100</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;padding-bottom:4px" valign="bottom"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:8.5pt">Balance, end of period</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0)" valign="bottom">8,080</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0)" valign="bottom">23,901</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0)" valign="bottom">8,647</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;white-space:nowrap" valign="bottom"> </td> </tr> </table> </div> </div> </div> </div>

4750000

0.51

<div> <div style="margin-left:27pt"> <div> <table border="0" cellpadding="0" cellspacing="0" style="width:90%;color:#000000;font-family:'Times New Roman', Times, serif;font-size:10pt;text-align:left"> <tr> <td style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> <div style="margin-left:8.5pt;line-height:1.25"> </div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="10" style="vertical-align:bottom;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">Year ended December 31,</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">2022</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">2021</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:top;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">2020</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="2" style="vertical-align:top" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:8.5pt">Balance, beginning of period</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">23,901</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">8,647</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">2,041</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%" valign="bottom"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:8.5pt">Investment by redeemable non-controlling interest</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">-</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">-</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">2,330</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:8.5pt">Net loss attributable to redeemable non-controlling interest</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">(743</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> <div style="line-height:1.25">)</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">(1,169</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap;padding-bottom:0.75px;padding-top:2px" valign="bottom"> <div style="line-height:1.25">)</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">(1,311</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap;padding-bottom:0.75px;padding-top:2px" valign="bottom"> <div style="line-height:1.25">)</div> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%" valign="bottom"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:8.5pt">Adjustment to redeemable non-controlling interest</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">(14,979</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom">)</td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">16,689</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">5,487</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:8.5pt">Foreign currency translation</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">(99</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:1px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> <div style="line-height:1.25">)</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">(266</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:1px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom">)</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">100</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;padding-bottom:4px" valign="bottom"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:8.5pt">Balance, end of period</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0)" valign="bottom">8,080</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0)" valign="bottom">23,901</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0)" valign="bottom">8,647</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;white-space:nowrap" valign="bottom"> </td> </tr> </table> </div> </div> </div>

23901000

8647000

2041000

0 0 2330000

-743000

-1169000

-1311000

-14979000 16689000 5487000 -99000 -266000 100000

8080000

23901000

8647000

<div> NOTE 4: MARKETABLE SECURITIES The following table summarize the amortized cost, unrealized gains and losses, and fair value of available-for-sale marketable securities as of December 31, 2022. As of December 31, 2021 the Company did not hold any marketable securities. <div style="margin-left:27pt"> <table border="0" cellpadding="0" cellspacing="0" style="color:#000000;font-family:'Times New Roman',Times,serif;font-size:10pt;text-align:left;width:90%"> <tr style="background-color:rgb(255, 255, 255)"> <td style="padding:0px;background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:left" valign="top"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td colspan="14" style="border-width:2px;border-bottom-style:solid;border-bottom-color:black;padding:0px;background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center" valign="top"> As of December 31, 2022 </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="padding:0px;background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:left" valign="bottom"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td colspan="2" style="border-width:2px;border-bottom-style:solid;border-bottom-color:black;padding:0px;background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center" valign="top"> Amortized cost </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px;border-bottom:2px solid black"> </td> <td colspan="2" style="border-width:0px 2px 2px;border-bottom-style:solid;border-bottom-color:black;padding:0px;border-top-style:initial;border-top-color:initial;background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center" valign="bottom"> Gross unrealized losses </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px;border-bottom:2px solid black"> </td> <td colspan="2" style="border-width:0px 2px 2px;border-bottom-style:solid;border-bottom-color:black;padding:0px;border-top-style:initial;border-top-color:initial;background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center" valign="bottom"> Gross unrealized gains </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px;border-bottom:2px solid black"> </td> <td colspan="2" style="border-width:0px 2px 2px;border-bottom-style:solid;border-bottom-color:black;padding:0px;border-top-style:initial;border-top-color:initial;background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center" valign="bottom"> Fair Value </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="padding:0px;background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:left" valign="bottom"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td colspan="2" style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td colspan="2" style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td colspan="2" style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td colspan="2" style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> </tr> <tr style="background-color:rgb(204, 238, 255);height:15px"> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:52%" valign="bottom"> U.S. Treasuries </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%"> $ </td> <td colspan="1" style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%" valign="top"> 68,084 </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%"> $ </td> <td colspan="1" style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%" valign="bottom"> (64 </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%"> ) </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%"> $ </td> <td colspan="1" style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%" valign="bottom"> 86 </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%"> $ </td> <td colspan="1" style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%" valign="bottom"> 68,106 </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> </tr> <tr style="background-color:rgb(255, 255, 255);height:15px"> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:52%" valign="bottom"> U.S. Government Agencies </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;border-bottom:4px double black"> </td> <td colspan="1" style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;border-bottom:4px double black" valign="top"> 17,426 </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;border-bottom:4px double black"> </td> <td colspan="1" style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;border-bottom:4px double black" valign="bottom"> (30 </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px 0px 3pt;width:1%"> ) </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;border-bottom:4px double black"> </td> <td colspan="1" style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;border-bottom:4px double black" valign="bottom"> 19 </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;border-bottom:4px double black"> </td> <td colspan="1" style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;border-bottom:4px double black" valign="bottom"> 17,415 </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> </tr> <tr style="background-color:rgb(204, 238, 255);height:15px"> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:52%" valign="bottom"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> </tr> <tr style="background-color:rgb(255, 255, 255);height:15px"> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:52%" valign="bottom"> Total </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%;border-bottom:4px double black"> $ </td> <td colspan="1" style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;border-bottom:4px double black" valign="top"> 85,510 </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%;border-bottom:4px double black"> $ </td> <td colspan="1" style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;border-bottom:4px double black" valign="bottom"> (94 </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px 0px 3pt;width:1%"> ) </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%;border-bottom:4px double black"> $ </td> <td colspan="1" style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;border-bottom:4px double black" valign="bottom"> 105 </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%;border-bottom:4px double black"> $ </td> <td colspan="1" style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;border-bottom:4px double black" valign="bottom"> 85,521 </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> </tr> </table> </div> The following table summarizes the amortized cost and fair value of available-for-sale marketable securities as of December 31, 2022 by contractual years-to maturity: <div style="margin-left:27pt"> <table border="0" cellpadding="0" cellspacing="0" style="color:#000000;font-family:'Times New Roman',Times,serif;font-size:10pt;text-align:left;width:90%"> <tr style="background-color:rgb(255, 255, 255)"> <td style="padding:0px;background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:left" valign="top"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td colspan="6" style="border-width:2px;border-bottom-style:solid;border-bottom-color:black;padding:0px;background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center" valign="top"> As of December 31, 2022 </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="padding:0px;background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:left" valign="top"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td colspan="2" style="border-width:2px;border-bottom-style:solid;border-bottom-color:black;padding:0px;background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center" valign="top"> Amortized cost </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px;border-bottom:2px solid black"> </td> <td colspan="2" style="border-width:0px 2px 2px;border-bottom-style:solid;border-bottom-color:black;padding:0px;border-top-style:initial;border-top-color:initial;background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center" valign="bottom"> Fair Value </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="padding:0px;background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:left" valign="top"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td colspan="2" style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td colspan="2" style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> </tr> <tr style="background-color:rgb(204, 238, 255);height:15px"> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:76%" valign="bottom"> Due within one year </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%"> $ </td> <td colspan="1" style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%" valign="top"> 42,214 </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%"> $ </td> <td colspan="1" style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%" valign="bottom"> 42,187 </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> </tr> <tr style="background-color:rgb(255, 255, 255);height:15px"> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:76%" valign="bottom"> Due between one and three years </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;border-bottom:4px double black"> </td> <td colspan="1" style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;border-bottom:4px double black" valign="top"> 43,296 </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;border-bottom:4px double black"> </td> <td colspan="1" style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;border-bottom:4px double black" valign="bottom"> 43,334 </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> </tr> <tr style="background-color:rgb(204, 238, 255);height:15px"> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:76%" valign="bottom"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> </tr> <tr style="background-color:rgb(255, 255, 255);height:15px"> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:76%" valign="bottom"> Total </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%;border-bottom:4px double black"> $ </td> <td colspan="1" style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;border-bottom:4px double black" valign="top"> 85,510 </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%;border-bottom:4px double black"> $ </td> <td colspan="1" style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;border-bottom:4px double black" valign="bottom"> 85,521 </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> </tr> </table> </div> </div>

<div style="margin-left:27pt"> <table border="0" cellpadding="0" cellspacing="0" style="color:#000000;font-family:'Times New Roman',Times,serif;font-size:10pt;text-align:left;width:90%"> <tr style="background-color:rgb(255, 255, 255)"> <td style="padding:0px;background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:left" valign="top"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td colspan="14" style="border-width:2px;border-bottom-style:solid;border-bottom-color:black;padding:0px;background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center" valign="top"> As of December 31, 2022 </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="padding:0px;background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:left" valign="bottom"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td colspan="2" style="border-width:2px;border-bottom-style:solid;border-bottom-color:black;padding:0px;background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center" valign="top"> Amortized cost </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px;border-bottom:2px solid black"> </td> <td colspan="2" style="border-width:0px 2px 2px;border-bottom-style:solid;border-bottom-color:black;padding:0px;border-top-style:initial;border-top-color:initial;background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center" valign="bottom"> Gross unrealized losses </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px;border-bottom:2px solid black"> </td> <td colspan="2" style="border-width:0px 2px 2px;border-bottom-style:solid;border-bottom-color:black;padding:0px;border-top-style:initial;border-top-color:initial;background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center" valign="bottom"> Gross unrealized gains </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px;border-bottom:2px solid black"> </td> <td colspan="2" style="border-width:0px 2px 2px;border-bottom-style:solid;border-bottom-color:black;padding:0px;border-top-style:initial;border-top-color:initial;background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center" valign="bottom"> Fair Value </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="padding:0px;background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:left" valign="bottom"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td colspan="2" style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td colspan="2" style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td colspan="2" style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td colspan="2" style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> </tr> <tr style="background-color:rgb(204, 238, 255);height:15px"> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:52%" valign="bottom"> U.S. Treasuries </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%"> $ </td> <td colspan="1" style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%" valign="top"> 68,084 </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%"> $ </td> <td colspan="1" style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%" valign="bottom"> (64 </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%"> ) </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%"> $ </td> <td colspan="1" style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%" valign="bottom"> 86 </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%"> $ </td> <td colspan="1" style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%" valign="bottom"> 68,106 </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> </tr> <tr style="background-color:rgb(255, 255, 255);height:15px"> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:52%" valign="bottom"> U.S. Government Agencies </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;border-bottom:4px double black"> </td> <td colspan="1" style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;border-bottom:4px double black" valign="top"> 17,426 </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;border-bottom:4px double black"> </td> <td colspan="1" style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;border-bottom:4px double black" valign="bottom"> (30 </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px 0px 3pt;width:1%"> ) </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;border-bottom:4px double black"> </td> <td colspan="1" style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;border-bottom:4px double black" valign="bottom"> 19 </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;border-bottom:4px double black"> </td> <td colspan="1" style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;border-bottom:4px double black" valign="bottom"> 17,415 </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> </tr> <tr style="background-color:rgb(204, 238, 255);height:15px"> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:52%" valign="bottom"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> </tr> <tr style="background-color:rgb(255, 255, 255);height:15px"> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:52%" valign="bottom"> Total </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%;border-bottom:4px double black"> $ </td> <td colspan="1" style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;border-bottom:4px double black" valign="top"> 85,510 </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%;border-bottom:4px double black"> $ </td> <td colspan="1" style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;border-bottom:4px double black" valign="bottom"> (94 </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px 0px 3pt;width:1%"> ) </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%;border-bottom:4px double black"> $ </td> <td colspan="1" style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;border-bottom:4px double black" valign="bottom"> 105 </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%;border-bottom:4px double black"> $ </td> <td colspan="1" style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;border-bottom:4px double black" valign="bottom"> 85,521 </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> </tr> </table> </div>

68084000

64000

86000

68106000

17426000

30000

19000

17415000

85510000

94000

105000

85521000

<div style="margin-left:27pt"> <table border="0" cellpadding="0" cellspacing="0" style="color:#000000;font-family:'Times New Roman',Times,serif;font-size:10pt;text-align:left;width:90%"> <tr style="background-color:rgb(255, 255, 255)"> <td style="padding:0px;background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:left" valign="top"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td colspan="6" style="border-width:2px;border-bottom-style:solid;border-bottom-color:black;padding:0px;background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center" valign="top"> As of December 31, 2022 </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="padding:0px;background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:left" valign="top"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td colspan="2" style="border-width:2px;border-bottom-style:solid;border-bottom-color:black;padding:0px;background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center" valign="top"> Amortized cost </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px;border-bottom:2px solid black"> </td> <td colspan="2" style="border-width:0px 2px 2px;border-bottom-style:solid;border-bottom-color:black;padding:0px;border-top-style:initial;border-top-color:initial;background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center" valign="bottom"> Fair Value </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="padding:0px;background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:left" valign="top"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td colspan="2" style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td colspan="2" style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> </tr> <tr style="background-color:rgb(204, 238, 255);height:15px"> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:76%" valign="bottom"> Due within one year </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%"> $ </td> <td colspan="1" style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%" valign="top"> 42,214 </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%"> $ </td> <td colspan="1" style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%" valign="bottom"> 42,187 </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> </tr> <tr style="background-color:rgb(255, 255, 255);height:15px"> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:76%" valign="bottom"> Due between one and three years </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;border-bottom:4px double black"> </td> <td colspan="1" style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;border-bottom:4px double black" valign="top"> 43,296 </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;border-bottom:4px double black"> </td> <td colspan="1" style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;border-bottom:4px double black" valign="bottom"> 43,334 </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> </tr> <tr style="background-color:rgb(204, 238, 255);height:15px"> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:76%" valign="bottom"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> </tr> <tr style="background-color:rgb(255, 255, 255);height:15px"> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:76%" valign="bottom"> Total </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%;border-bottom:4px double black"> $ </td> <td colspan="1" style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;border-bottom:4px double black" valign="top"> 85,510 </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%;border-bottom:4px double black"> $ </td> <td colspan="1" style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;border-bottom:4px double black" valign="bottom"> 85,521 </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> </tr> </table> </div>

42214000

42187000

43296000

43334000

85510000

85521000

<div> <div> <div> <div style="text-align:left;line-height:1.25;font-weight:bold">NOTE 5: PROPERTY AND EQUIPMENT, NET</div> <div style="line-height:1.25"> </div> <div> <div style="margin-left:27pt"> <table border="0" cellpadding="0" cellspacing="0" style="width:90%;color:#000000;font-family:'Times New Roman', Times, serif;font-size:10pt;text-align:left"> <tr> <td style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="6" style="vertical-align:top;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold;text-indent:2pt">December 31,</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">2022</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">2021</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="margin-left:8.5pt;line-height:1.25">Cost:</div> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="2" style="vertical-align:top;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="2" style="vertical-align:top;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="2" style="vertical-align:top" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="2" style="vertical-align:top" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:76%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="margin-left:17pt;line-height:1.25">Software, computers and peripheral equipment</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">8,378</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">6,388</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:76%" valign="bottom"> <div style="margin-left:17pt;line-height:1.25">Office furniture and equipment</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom"> <div style="line-height:1.25">887</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom"> <div style="line-height:1.25">883</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:76%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="margin-left:17pt;line-height:1.25">Capitalized development costs</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">18,750</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">13,795</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:76%;padding-bottom:2px" valign="bottom"> <div style="margin-left:17pt;line-height:1.25">Leasehold improvements</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom"> <div style="line-height:1.25">3,999</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom"> <div style="line-height:1.25">3,971</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:76%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">32,014</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">25,037</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:76%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:76%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="margin-left:8.5pt;line-height:1.25">Accumulated depreciation</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">18,746</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);border-bottom:2px solid rgb(0, 0, 0)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255);border-bottom:2px solid rgb(0, 0, 0)" valign="bottom"> <div style="line-height:1.25">14,152</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:76%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:76%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="margin-left:8.5pt;line-height:1.25">Depreciated cost</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">13,268</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">10,885</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> </table> </div> </div> <div style="line-height:1.25"> </div> <div style="text-align:left;line-height:1.25">Depreciation expenses were $5,165, $4,478 and $4,666 for the years ended December 31, 2022, 2021 and 2020 respectively.</div> <div style="line-height:1.25"> </div> <div style="text-align:justify;line-height:1.25">During 2022 and 2021, the Company recorded a reduction of $576 and $753 respectively, to the cost and accumulated depreciation of fully depreciated equipment and leasehold improvements no longer in use, following an assessment made by the Company.</div> </div> </div> <div style="text-align:justify;line-height:1.25;margin-left:0px"> </div> </div>

8378000

6388000

887000

883000

18750000

13795000

3999000

3971000

32014000

25037000

18746000

14152000

13268000

10885000

5165000

4478000

4666000

576000 753000

<div> <div style="line-height:1.25">NOTE 6: INTANGIBLE ASSETS, NET</div> <div style="line-height:1.25"> </div> <div style="line-height:1.25">Acquisition of developed technologies:</div> <div style="line-height:1.25"> </div> <div style="text-align:justify;line-height:1.25">On April 15, 2021, the Company acquired the technology of Snow-White Labs Ltd. (“Zest”) for a total consideration of $808 consisted from the issuance of 33,150 Company’s ordinary shares with fair value of $776 and the remaining amount was allocated to direct acquisition costs. </div> <div style="line-height:1.25"> </div> <div style="text-align:justify;line-height:1.25">On October 4, 2021, the Company acquired the technology of Simpo Ltd. (“Simpo”) for a total consideration of $1,306 in cash.</div> <div style="line-height:1.25"> </div> <div style="text-align:justify;line-height:1.25">Both acquisitions were accounted as an asset acquisition in accordance with ASC 805 as substantially all of the fair value of the gross assets acquired is concentrated in a single identifiable asset. The purchase price was allocated to the developed technology acquired with an estimated useful life of three years.</div> <div style="line-height:1.25"> </div> <div style="margin-left:27pt"> <div> <table border="0" cellpadding="0" cellspacing="0" style="color:#000000;font-family:'Times New Roman',Times,serif;font-size:10pt;text-align:left;width:90%"> <tr> <td style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="6" style="vertical-align:top;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold;text-indent:2pt">December 31,</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">2022</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">2021</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="2" style="vertical-align:top" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="2" style="vertical-align:top" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:76%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:8.5pt">Acquired technology</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">3,004</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">3,004</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:76%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:76%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:8.5pt">Accumulated amortization and Impairment </div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">2,655</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">1,189</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:76%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:76%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:8.5pt">Depreciated cost</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">349</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">1,815</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> </table> </div> </div> <div style="line-height:1.25"> </div> <div style="text-align:justify;line-height:1.25">As of December 31, 2022, the weighted-average remaining useful life of the technology was 1.3 years. The Company recorded $487, $299 and $44 of amortization expense during the years ended December 31, 2022, 2021 and 2020, respectively.</div> <div style="text-align:justify;line-height:1.25"> </div> <div style="text-align:justify;line-height:1.25">During the year ended December 31, 2022 the Company recorded an impairment in the amount of $979 related to abandoned technology.</div> <div/> <div style="line-height:1.25"> </div> <div style="line-height:1.25">As of December 31, 2022, future amortization expense related to acquired technology was as follows:</div> <div style="line-height:1.25"> </div> <div style="margin-left:27pt"> <div> <table border="0" cellpadding="0" cellspacing="0" style="width:90%"> <tr> <td style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;font-weight:bold;margin-left:3pt">Year ended December 31,</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:top;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold;text-indent:2pt">Future Amortization</div> <div style="text-align:center;line-height:1.25;font-weight:bold;text-indent:2pt">expenses</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr style="background-color:rgb(204, 238, 255)"> <td style="vertical-align:bottom;background-color:rgb(204, 238, 255);width:88%" valign="bottom"> <div style="line-height:1.25;margin-left:8.5pt">2023</div> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(204, 238, 255);width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(204, 238, 255);width:1%" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;background-color:rgb(204, 238, 255);width:9%" valign="bottom">269</td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap;background-color:rgb(204, 238, 255);width:1%" valign="bottom"> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="vertical-align:bottom;background-color:rgb(255, 255, 255);width:88%" valign="bottom"> <div style="line-height:1.25;margin-left:8.5pt">2024</div> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(255, 255, 255);width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(255, 255, 255);border-bottom:2px solid black;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;background-color:rgb(255, 255, 255);border-bottom:2px solid black;width:9%" valign="bottom">80</td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap;background-color:rgb(255, 255, 255);width:1%" valign="bottom"> </td> </tr> <tr style="background-color:rgb(204, 238, 255)"> <td style="vertical-align:bottom;padding-bottom:4px;background-color:rgb(204, 238, 255);width:88%" valign="bottom"> <div style="line-height:1.25"> </div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:4px;background-color:rgb(204, 238, 255);width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255);width:1%" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255);width:9%" valign="bottom">349</td> <td colspan="1" style="vertical-align:bottom;padding-bottom:4px;white-space:nowrap;background-color:rgb(204, 238, 255);width:1%" valign="bottom"> </td> </tr> </table> </div> </div> </div>

808000

33150 776000

1306000

<div> <table border="0" cellpadding="0" cellspacing="0" style="color:#000000;font-family:'Times New Roman',Times,serif;font-size:10pt;text-align:left;width:90%"> <tr> <td style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="6" style="vertical-align:top;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold;text-indent:2pt">December 31,</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">2022</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">2021</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="2" style="vertical-align:top" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="2" style="vertical-align:top" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:76%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:8.5pt">Acquired technology</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">3,004</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">3,004</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:76%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:76%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:8.5pt">Accumulated amortization and Impairment </div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">2,655</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">1,189</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:76%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:76%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:8.5pt">Depreciated cost</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">349</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">1,815</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> </table> </div>

3004000 3004000 2655000 1189000

349000

1815000

P1Y3M18D

487000

299000

44000

979000

<div> <table border="0" cellpadding="0" cellspacing="0" style="width:90%"> <tr> <td style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;font-weight:bold;margin-left:3pt">Year ended December 31,</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:top;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold;text-indent:2pt">Future Amortization</div> <div style="text-align:center;line-height:1.25;font-weight:bold;text-indent:2pt">expenses</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr style="background-color:rgb(204, 238, 255)"> <td style="vertical-align:bottom;background-color:rgb(204, 238, 255);width:88%" valign="bottom"> <div style="line-height:1.25;margin-left:8.5pt">2023</div> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(204, 238, 255);width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(204, 238, 255);width:1%" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;background-color:rgb(204, 238, 255);width:9%" valign="bottom">269</td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap;background-color:rgb(204, 238, 255);width:1%" valign="bottom"> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="vertical-align:bottom;background-color:rgb(255, 255, 255);width:88%" valign="bottom"> <div style="line-height:1.25;margin-left:8.5pt">2024</div> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(255, 255, 255);width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(255, 255, 255);border-bottom:2px solid black;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;background-color:rgb(255, 255, 255);border-bottom:2px solid black;width:9%" valign="bottom">80</td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap;background-color:rgb(255, 255, 255);width:1%" valign="bottom"> </td> </tr> <tr style="background-color:rgb(204, 238, 255)"> <td style="vertical-align:bottom;padding-bottom:4px;background-color:rgb(204, 238, 255);width:88%" valign="bottom"> <div style="line-height:1.25"> </div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:4px;background-color:rgb(204, 238, 255);width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255);width:1%" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255);width:9%" valign="bottom">349</td> <td colspan="1" style="vertical-align:bottom;padding-bottom:4px;white-space:nowrap;background-color:rgb(204, 238, 255);width:1%" valign="bottom"> </td> </tr> </table> </div>

269000

80000

349000

<div> <div style="line-height:1.25">NOTE 7: COMMITMENTS AND CONTINGENT LIABILITIES</div> <div style="line-height:1.25"> </div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:21.25pt;vertical-align:top;align:right">a.</td> <td style="width:auto;vertical-align:top"> <div>Legal contingencies:</div> </td> </tr> </table> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">From time to time, the Company becomes involved in legal proceedings or is subject to claims arising in its ordinary course of business. Such matters are generally subject to many uncertainties and outcomes are not predictable with assurance. The Company accrues for contingencies when the loss is probable and it can reasonably estimate the amount of any such loss. </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">On October 21, 2022, a former employee filed a putative class action in the Superior Court for the City and County of San Francisco, based on claims that she was misclassified as an exempt employee and that the Company failed to properly reimburse for business expenses, failed to pay the proper rate of pay for paid sick leave, and other claims related to the payment of commissions and derivative of the misclassification claim. On December 16, 2022, the plaintiff filed a First Amended Complaint, adding a cause of action for civil penalties under California’s Private Attorneys General Act (California Labor Code Section 2698, et. Seq.) seeking to recover civil penalties on behalf of herself, other Company employees, and the State of California, for alleged violations of California’s Labor Code violations. The suit seeks monetary and non-monetary damages, including punitive damages, as well as disgorgement of profits, penalties, interest, and attorneys’ fees on behalf of plaintiff and others similarly situated. The Company filed its Answer on January 19, 2023. Although this proceeding is at preliminary stages, the Company believes this lawsuit is without merit and intends to vigorously contest these claims. While the outcome of any complex legal proceeding is inherently unpredictable and subject to significant uncertainties, based upon information presently known to management, the Company believes that the potential liability, if any, will not have a material adverse effect on the Company’s financial condition, cash flows, or results of operations.</div> <div style="line-height:1.25"> </div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:21.25pt;vertical-align:top;align:right">b.</td> <td style="width:auto;vertical-align:top"> <div>Non-cancellable material commitments:</div> </td> </tr> </table> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">The Company enters into non-cancellable purchase commitments with various parties for mainly hosting services, as well as software products and services in the normal course of business.</div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">As of December 31, 2022, the Company’s outstanding non-cancellable material purchase commitments are $21,624.</div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:21.25pt;vertical-align:top;align:right">c.</td> <td style="width:auto;vertical-align:top"> <div>Pledges and bank guarantees:</div> </td> </tr> </table> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">As of December 31, 2022, The Company and its subsidiaries holds pledged bank deposits of $493 and obtained bank guarantees of $1,564, in connection with office lease agreements.</div> <div style="line-height:1.25"> </div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:21.25pt;vertical-align:top;align:right">d.</td> <td style="width:auto;vertical-align:top"> <div>Revolving Credit Facility:</div> </td> </tr> </table> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">In August 2021, the Company entered into a loan and security agreement with Silicon Valley Bank (SVB) which provides for the Revolving Credit Facility. The Company may borrow, repay and re-borrow funds under the Revolving Credit Facility up to the amount of $50,000 for a period of three years. Interest on borrowings under the revolving credit facility accrues as the greater of the Prime Rate or 3.25%. Pursuant to the terms of the Revolving Credit Facility, the Company are also required to pay an yearly fixed fee of $20 for the availability of this facility. Upon utilization of this credit facility certain covenants may apply according to the Revolving Credit Facility agreement. The Revolving Credit Facility is secured by a fixed and floating first priority blanket lien on all assets of the company as well as a negative pledge on the Company’s intellectual property. As of December 31, 2022 this facility remained unutilized. Refer to Note 14 “Subsequent Event”.</div> </div>

21624000

493000

1564000

50000000

P3Y

Prime Rate or 3.25%

20000

<div> NOTE 8: LEASES The Company adopted the new accounting standard ASC 842 “Leases” and all related amendments effective as of January 1, 2022. The Company entered into non-cancelable operating lease agreements with various expiration dates through fiscal 2026. Certain lease agreements include options to renew or terminate the lease. The Company does not assume renewals in its determination of the lease term unless the renewals are considered as reasonably assured at lease commencement. The operating lease cost for the year ended December 31, 2022 was $7,049. The amount includes an impairment of $1,267 related to certain right-of-use assets. Supplemental cash flow information related to operating leases was as follows: <div style="margin-left:27pt"> <table border="0" cellpadding="0" cellspacing="0" style="color:#000000;font-family:'Times New Roman',Times,serif;font-size:10pt;text-align:left;width:90%"> <tr style="background-color:rgb(255, 255, 255)"> <td style="padding:0px;height:1px;background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:left" valign="bottom"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td colspan="2" style="border-width:2px;border-bottom-style:solid;border-bottom-color:black;padding:0px;height:1px;background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center" valign="top"> Year ended December 31, 2022 </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> </tr> <tr style="background-color:rgb(204, 238, 255);height:15px"> <td style="height:15px;background-color:rgb(204, 238, 255);font-size:10pt;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:88%" valign="bottom"> Cash paid for amounts included in the measurement of lease operating liabilities </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%"> $ </td> <td colspan="1" style="height:15px;background-color:rgb(204, 238, 255);font-size:10pt;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%" valign="bottom"> 5,399 </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> </tr> </table> </div> Supplemental balance sheet information related to operating leases is as follows: <div style="margin-left:27pt"> <table border="0" cellpadding="0" cellspacing="0" style="color:#000000;font-family:'Times New Roman',Times,serif;font-size:10pt;text-align:left;width:90%"> <tr style="background-color:rgb(255, 255, 255)"> <td style="padding:0px;height:1px;background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:left" valign="bottom"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td colspan="2" style="border-width:2px;border-bottom-style:solid;border-bottom-color:black;padding:0px;height:1px;background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center" valign="top"> As of December 31, 2022 </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> </tr> <tr style="background-color:rgb(204, 238, 255);height:15px"> <td style="height:15px;background-color:rgb(204, 238, 255);font-size:10pt;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:88%" valign="bottom"> Operating lease ROU assets </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%"> $ </td> <td colspan="1" style="height:15px;background-color:rgb(204, 238, 255);font-size:10pt;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%" valign="bottom"> 7,003 </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> </tr> <tr style="background-color:rgb(255, 255, 255);height:15px"> <td style="height:15px;background-color:rgb(255, 255, 255);font-size:10pt;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:88%" valign="bottom"> Operating lease liabilities </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%"> $ </td> <td colspan="1" style="height:15px;background-color:rgb(255, 255, 255);font-size:10pt;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%" valign="bottom"> 5,009 </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> </tr> <tr style="background-color:rgb(204, 238, 255);height:15px"> <td style="height:15px;background-color:rgb(204, 238, 255);font-size:10pt;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:88%" valign="bottom"> Operating lease liabilities, long-term </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%"> $ </td> <td colspan="1" style="height:15px;background-color:rgb(204, 238, 255);font-size:10pt;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%" valign="bottom"> 3,833 </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> </tr> <tr style="background-color:rgb(255, 255, 255);height:15px"> <td style="height:15px;background-color:rgb(255, 255, 255);font-size:10pt;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:88%" valign="bottom"> Weighted average remaining lease term (in years) </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td colspan="1" style="height:15px;background-color:rgb(255, 255, 255);font-size:10pt;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%" valign="bottom"> 1.8 </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> </tr> <tr style="background-color:rgb(204, 238, 255);height:15px"> <td style="height:15px;background-color:rgb(204, 238, 255);font-size:10pt;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:88%" valign="bottom"> Weighted average discount rate </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td colspan="1" style="height:15px;background-color:rgb(204, 238, 255);font-size:10pt;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%" valign="bottom"> 1 </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> % </td> </tr> </table> </div> Maturities of operating lease liabilities as of December 31, 2022 are as follows: <div style="margin-left:27pt"> <table border="0" cellpadding="0" cellspacing="0" style="color:#000000;font-family:'Times New Roman',Times,serif;font-size:10pt;text-align:left;width:90%"> <tr style="background-color:rgb(204, 238, 255);height:15px"> <td style="height:15px;background-color:rgb(204, 238, 255);font-size:10pt;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px" valign="bottom"> As of December 31, </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px"> </td> <td colspan="2" style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px"> </td> </tr> <tr style="background-color:rgb(255, 255, 255);height:15px"> <td style="height:15px;background-color:rgb(255, 255, 255);font-size:10pt;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:88%" valign="bottom"> 2023 </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%"> $ </td> <td colspan="1" style="height:15px;background-color:rgb(255, 255, 255);font-size:10pt;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%" valign="bottom"> 5,069 </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> </tr> <tr style="background-color:rgb(204, 238, 255);height:15px"> <td style="height:15px;background-color:rgb(204, 238, 255);font-size:10pt;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:88%" valign="bottom"> 2024 </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td colspan="1" style="height:15px;background-color:rgb(204, 238, 255);font-size:10pt;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%" valign="bottom"> 3,391 </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> </tr> <tr style="background-color:rgb(255, 255, 255);height:15px"> <td style="height:15px;background-color:rgb(255, 255, 255);font-size:10pt;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:88%" valign="bottom"> 2025 </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td colspan="1" style="height:15px;background-color:rgb(255, 255, 255);font-size:10pt;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%" valign="bottom"> 433 </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> </tr> <tr style="background-color:rgb(204, 238, 255);height:15px"> <td style="height:15px;background-color:rgb(204, 238, 255);font-size:10pt;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:88%" valign="bottom"> 2026 </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;border-bottom:2px solid black;width:1%"> </td> <td colspan="1" style="border-width:2px;border-bottom-style:solid;border-bottom-color:black;height:15px;background-color:rgb(204, 238, 255);font-size:10pt;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%" valign="bottom"> 28 </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> </tr> <tr style="background-color:rgb(255, 255, 255);height:15px"> <td style="height:15px;background-color:rgb(255, 255, 255);font-size:10pt;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:88%" valign="bottom"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> </tr> <tr style="background-color:rgb(204, 238, 255);height:15px"> <td style="height:15px;background-color:rgb(204, 238, 255);font-size:10pt;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:88%" valign="bottom"> Total undiscounted lease payments </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td colspan="1" style="height:15px;background-color:rgb(204, 238, 255);font-size:10pt;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%" valign="bottom"> 8,921 </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> </tr> <tr style="background-color:rgb(255, 255, 255);height:15px"> <td style="height:15px;background-color:rgb(255, 255, 255);font-size:10pt;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:88%" valign="bottom"> Less: imputed interest </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;border-bottom:4px double black"> </td> <td colspan="1" style="height:15px;background-color:rgb(255, 255, 255);font-size:10pt;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;border-bottom:4px double black" valign="bottom"> (79 </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px 0px 2.5pt;width:1%"> ) </td> </tr> <tr style="background-color:rgb(204, 238, 255);height:15px"> <td style="height:15px;background-color:rgb(204, 238, 255);font-size:10pt;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:88%" valign="bottom"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> </tr> <tr style="background-color:rgb(255, 255, 255);height:15px"> <td style="height:15px;background-color:rgb(255, 255, 255);font-size:10pt;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:88%" valign="bottom"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%;border-bottom:4px double black"> $ </td> <td colspan="1" style="height:15px;background-color:rgb(255, 255, 255);font-size:10pt;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;border-bottom:4px double black" valign="bottom"> 8,842 </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> </tr> </table> </div> In February 2023, an amendment to the Tel-Aviv office agreement was signed, which extends the lease period for additional thirty-six (36) months and an option to extend the term of the lease for an additional periods of up to forty-eight (48) months. </div>

7049000

1267000

5399000 <table border="0" cellpadding="0" cellspacing="0" style="color:#000000;font-family:'Times New Roman',Times,serif;font-size:10pt;text-align:left;width:90%"> <tr style="background-color:rgb(255, 255, 255)"> <td style="padding:0px;height:1px;background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:left" valign="bottom"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td colspan="2" style="border-width:2px;border-bottom-style:solid;border-bottom-color:black;padding:0px;height:1px;background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center" valign="top"> As of December 31, 2022 </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> </tr> <tr style="background-color:rgb(204, 238, 255);height:15px"> <td style="height:15px;background-color:rgb(204, 238, 255);font-size:10pt;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:88%" valign="bottom"> Operating lease ROU assets </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%"> $ </td> <td colspan="1" style="height:15px;background-color:rgb(204, 238, 255);font-size:10pt;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%" valign="bottom"> 7,003 </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> </tr> <tr style="background-color:rgb(255, 255, 255);height:15px"> <td style="height:15px;background-color:rgb(255, 255, 255);font-size:10pt;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:88%" valign="bottom"> Operating lease liabilities </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%"> $ </td> <td colspan="1" style="height:15px;background-color:rgb(255, 255, 255);font-size:10pt;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%" valign="bottom"> 5,009 </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> </tr> <tr style="background-color:rgb(204, 238, 255);height:15px"> <td style="height:15px;background-color:rgb(204, 238, 255);font-size:10pt;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:88%" valign="bottom"> Operating lease liabilities, long-term </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%"> $ </td> <td colspan="1" style="height:15px;background-color:rgb(204, 238, 255);font-size:10pt;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%" valign="bottom"> 3,833 </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> </tr> <tr style="background-color:rgb(255, 255, 255);height:15px"> <td style="height:15px;background-color:rgb(255, 255, 255);font-size:10pt;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:88%" valign="bottom"> Weighted average remaining lease term (in years) </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td colspan="1" style="height:15px;background-color:rgb(255, 255, 255);font-size:10pt;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%" valign="bottom"> 1.8 </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> </tr> <tr style="background-color:rgb(204, 238, 255);height:15px"> <td style="height:15px;background-color:rgb(204, 238, 255);font-size:10pt;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:88%" valign="bottom"> Weighted average discount rate </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> <td colspan="1" style="height:15px;background-color:rgb(204, 238, 255);font-size:10pt;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%" valign="bottom"> 1 </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> % </td> </tr> </table>

7003000

5009000

3833000

P1Y9M18D

0.01

<table border="0" cellpadding="0" cellspacing="0" style="color:#000000;font-family:'Times New Roman',Times,serif;font-size:10pt;text-align:left;width:90%"> <tr style="background-color:rgb(204, 238, 255);height:15px"> <td style="height:15px;background-color:rgb(204, 238, 255);font-size:10pt;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px" valign="bottom"> As of December 31, </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px"> </td> <td colspan="2" style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px"> </td> </tr> <tr style="background-color:rgb(255, 255, 255);height:15px"> <td style="height:15px;background-color:rgb(255, 255, 255);font-size:10pt;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:88%" valign="bottom"> 2023 </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%"> $ </td> <td colspan="1" style="height:15px;background-color:rgb(255, 255, 255);font-size:10pt;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%" valign="bottom"> 5,069 </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> </tr> <tr style="background-color:rgb(204, 238, 255);height:15px"> <td style="height:15px;background-color:rgb(204, 238, 255);font-size:10pt;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:88%" valign="bottom"> 2024 </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td colspan="1" style="height:15px;background-color:rgb(204, 238, 255);font-size:10pt;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%" valign="bottom"> 3,391 </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> </tr> <tr style="background-color:rgb(255, 255, 255);height:15px"> <td style="height:15px;background-color:rgb(255, 255, 255);font-size:10pt;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:88%" valign="bottom"> 2025 </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td colspan="1" style="height:15px;background-color:rgb(255, 255, 255);font-size:10pt;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%" valign="bottom"> 433 </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> </tr> <tr style="background-color:rgb(204, 238, 255);height:15px"> <td style="height:15px;background-color:rgb(204, 238, 255);font-size:10pt;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:88%" valign="bottom"> 2026 </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;border-bottom:2px solid black;width:1%"> </td> <td colspan="1" style="border-width:2px;border-bottom-style:solid;border-bottom-color:black;height:15px;background-color:rgb(204, 238, 255);font-size:10pt;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%" valign="bottom"> 28 </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> </tr> <tr style="background-color:rgb(255, 255, 255);height:15px"> <td style="height:15px;background-color:rgb(255, 255, 255);font-size:10pt;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:88%" valign="bottom"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> </tr> <tr style="background-color:rgb(204, 238, 255);height:15px"> <td style="height:15px;background-color:rgb(204, 238, 255);font-size:10pt;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:88%" valign="bottom"> Total undiscounted lease payments </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td colspan="1" style="height:15px;background-color:rgb(204, 238, 255);font-size:10pt;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%" valign="bottom"> 8,921 </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> </tr> <tr style="background-color:rgb(255, 255, 255);height:15px"> <td style="height:15px;background-color:rgb(255, 255, 255);font-size:10pt;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:88%" valign="bottom"> Less: imputed interest </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;border-bottom:4px double black"> </td> <td colspan="1" style="height:15px;background-color:rgb(255, 255, 255);font-size:10pt;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;border-bottom:4px double black" valign="bottom"> (79 </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px 0px 2.5pt;width:1%"> ) </td> </tr> <tr style="background-color:rgb(204, 238, 255);height:15px"> <td style="height:15px;background-color:rgb(204, 238, 255);font-size:10pt;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:88%" valign="bottom"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%"> </td> <td style="background-color:rgb(204, 238, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> </tr> <tr style="background-color:rgb(255, 255, 255);height:15px"> <td style="height:15px;background-color:rgb(255, 255, 255);font-size:10pt;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:88%" valign="bottom"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%"> </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%;border-bottom:4px double black"> $ </td> <td colspan="1" style="height:15px;background-color:rgb(255, 255, 255);font-size:10pt;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;border-bottom:4px double black" valign="bottom"> 8,842 </td> <td style="background-color:rgb(255, 255, 255);font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%"> </td> </tr> </table>

5069000

3391000

433000

28000

8921000

79000 8842000

<div> NOTE 9: FAIR VALUE MEASUREMENTS The following tables present the fair value of money market funds and marketable securities for the year ended December 31, 2022: <div style="margin-left:27pt"> <table border="0" cellpadding="0" cellspacing="0" style="color:#000000;font-family:'Times New Roman',Times,serif;font-size:10pt;text-align:left;width:90%"> <tr style="background-color:rgb(255, 255, 255)"> <td style="padding:0px;background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:left" valign="top"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px;border-bottom:2px solid black"> </td> <td colspan="6" style="border-width:2px;border-bottom-style:solid;border-bottom-color:black;padding:0px;background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center" valign="top"> December 31, 2022 </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px;border-bottom:2px solid black"> </td> <td colspan="6" style="border-width:2px;border-bottom-style:solid;border-bottom-color:black;padding:0px;background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center" valign="top"> December 31, 2021 </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="padding:0px;background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:left" valign="top"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px;border-bottom:2pt solid black"> </td> <td colspan="2" style="padding:0px;background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;border-bottom:2pt solid black" valign="top"> Level 1 </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px;border-bottom:2pt solid black"> </td> <td colspan="2" style="border-width:0px 2px 2pt;border-bottom-style:solid;border-bottom-color:black;padding:0px;border-top-style:initial;border-top-color:initial;background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center" valign="top"> Level 2 </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px;border-bottom:2pt solid black"> </td> <td colspan="2" style="border-width:2px 2px 2pt;border-bottom-style:solid;border-bottom-color:black;padding:0px;background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center" valign="top"> Level 1 </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px;border-bottom:2pt solid black"> </td> <td colspan="2" style="border-width:2px 2px 2pt;border-bottom-style:solid;border-bottom-color:black;padding:0px;background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center" valign="top"> Level 2 </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> </tr> <tr style="height:15px;background-color:rgb(204, 238, 255)"> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;background-color:rgb(204, 238, 255)" valign="top"> Financial Assets: </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;background-color:rgb(204, 238, 255)"> </td> <td colspan="2" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;background-color:rgb(204, 238, 255)"> </td> <td colspan="2" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;background-color:rgb(204, 238, 255)"> </td> <td colspan="2" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;background-color:rgb(204, 238, 255)"> </td> <td colspan="2" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;background-color:rgb(204, 238, 255)"> </td> </tr> <tr style="height:15px;background-color:rgb(255, 255, 255)"> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:52%;background-color:rgb(255, 255, 255)" valign="top"> Money market funds </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> $ </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(255, 255, 255)" valign="top"> 290 </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> $ </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(255, 255, 255)" valign="top"> - </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> $ </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(255, 255, 255)" valign="top"> - </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> $ </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(255, 255, 255)" valign="top"> - </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> </tr> <tr style="height:15px;background-color:rgb(204, 238, 255)"> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:52%;background-color:rgb(204, 238, 255)" valign="top"> Foreign currency derivative contracts </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(204, 238, 255)" valign="top"> - </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(204, 238, 255)" valign="top"> - </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(204, 238, 255)" valign="top"> - </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(204, 238, 255)" valign="top"> 602 </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> </tr> <tr style="height:15px;background-color:rgb(255, 255, 255)"> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:52%;background-color:rgb(255, 255, 255)" valign="top"> Marketable securities: </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> </tr> <tr style="height:15px;background-color:rgb(204, 238, 255)"> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:52%;background-color:rgb(204, 238, 255)" valign="bottom"> U.S. Treasuries </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(204, 238, 255)" valign="bottom"> - </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(204, 238, 255)" valign="bottom"> 68,106 </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(204, 238, 255)" valign="bottom"> - </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(204, 238, 255)" valign="bottom"> - </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> </tr> <tr style="height:15px;background-color:rgb(255, 255, 255)"> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:52%;background-color:rgb(255, 255, 255)" valign="bottom"> U.S. Government Agencies </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;border-bottom:2px solid black;width:1%;background-color:rgb(255, 255, 255)"> </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;border-bottom:2px solid black;width:9%;background-color:rgb(255, 255, 255)" valign="bottom"> - </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;border-bottom:2px solid black;width:1%;background-color:rgb(255, 255, 255)"> </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;border-bottom:2px solid black;width:9%;background-color:rgb(255, 255, 255)" valign="bottom"> 17,415 </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;border-bottom:2px solid black;width:1%;background-color:rgb(255, 255, 255)"> </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;border-bottom:2px solid black;width:9%;background-color:rgb(255, 255, 255)" valign="bottom"> - </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;border-bottom:2px solid black;width:1%;background-color:rgb(255, 255, 255)"> </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;border-bottom:2px solid black;width:9%;background-color:rgb(255, 255, 255)" valign="bottom"> - </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> </tr> <tr style="height:15px;background-color:rgb(204, 238, 255)"> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:52%;background-color:rgb(204, 238, 255)" valign="bottom"> Total assets measured at fair value </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255);border-bottom:4px double black"> $ </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(204, 238, 255);border-bottom:4px double black" valign="top"> 290 </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255);border-bottom:4px double black"> $ </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(204, 238, 255);border-bottom:4px double black" valign="top"> 85,521 </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255);border-bottom:4px double black"> $ </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(204, 238, 255);border-bottom:4px double black" valign="top"> - </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255);border-bottom:4px double black"> $ </td> <td colspan="1" style="font-size:10pt;height:15px;border-bottom:4px double black;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(204, 238, 255)" valign="top"> 602 </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:52%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(255, 255, 255)" valign="top"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(255, 255, 255)" valign="top"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(255, 255, 255)" valign="top"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(255, 255, 255)" valign="top"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> </tr> <tr style="background-color:rgb(204, 238, 255)"> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:52%;background-color:rgb(204, 238, 255)" valign="bottom"> Financial Liabilities </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(204, 238, 255)" valign="top"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(204, 238, 255)" valign="top"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(204, 238, 255)" valign="top"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(204, 238, 255)" valign="top"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:52%;background-color:rgb(255, 255, 255)" valign="bottom"> Foreign currency derivative contracts </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%;border-bottom:2px solid black;background-color:rgb(255, 255, 255)"> </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;border-bottom:2px solid black;background-color:rgb(255, 255, 255)" valign="top">-</td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%;border-bottom:2px solid black;background-color:rgb(255, 255, 255)"> </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;border-bottom:2px solid black;background-color:rgb(255, 255, 255)" valign="top">(1,577</td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px 0px 1pt;width:1%;background-color:rgb(255, 255, 255)">)</td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%;border-bottom:2px solid black;background-color:rgb(255, 255, 255)"> </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;border-bottom:2px solid black;background-color:rgb(255, 255, 255)" valign="top">-</td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%;border-bottom:2px solid black;background-color:rgb(255, 255, 255)"> </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;border-bottom:2px solid black;background-color:rgb(255, 255, 255)" valign="top">-</td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> </tr> <tr style="background-color:rgb(204, 238, 255)"> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:52%;background-color:rgb(204, 238, 255)" valign="bottom"> Total liabilities measured at fair value </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255);border-bottom:4px double black"> $ </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(204, 238, 255);border-bottom:4px double black" valign="top">-</td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255);border-bottom:4px double black"> $ </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(204, 238, 255);border-bottom:4px double black" valign="top">(1,577</td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px 0px 3pt;width:1%;background-color:rgb(204, 238, 255)">)</td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255);border-bottom:4px double black"> $ </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(204, 238, 255);border-bottom:4px double black" valign="top">-</td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255);border-bottom:4px double black"> $ </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(204, 238, 255);border-bottom:4px double black" valign="top">-</td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> </tr> </table> </div> </div>

<div style="margin-left:27pt"> <table border="0" cellpadding="0" cellspacing="0" style="color:#000000;font-family:'Times New Roman',Times,serif;font-size:10pt;text-align:left;width:90%"> <tr style="background-color:rgb(255, 255, 255)"> <td style="padding:0px;background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:left" valign="top"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px;border-bottom:2px solid black"> </td> <td colspan="6" style="border-width:2px;border-bottom-style:solid;border-bottom-color:black;padding:0px;background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center" valign="top"> December 31, 2022 </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px;border-bottom:2px solid black"> </td> <td colspan="6" style="border-width:2px;border-bottom-style:solid;border-bottom-color:black;padding:0px;background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center" valign="top"> December 31, 2021 </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="padding:0px;background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:left" valign="top"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px;border-bottom:2pt solid black"> </td> <td colspan="2" style="padding:0px;background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;border-bottom:2pt solid black" valign="top"> Level 1 </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px;border-bottom:2pt solid black"> </td> <td colspan="2" style="border-width:0px 2px 2pt;border-bottom-style:solid;border-bottom-color:black;padding:0px;border-top-style:initial;border-top-color:initial;background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center" valign="top"> Level 2 </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px;border-bottom:2pt solid black"> </td> <td colspan="2" style="border-width:2px 2px 2pt;border-bottom-style:solid;border-bottom-color:black;padding:0px;background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center" valign="top"> Level 1 </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px;border-bottom:2pt solid black"> </td> <td colspan="2" style="border-width:2px 2px 2pt;border-bottom-style:solid;border-bottom-color:black;padding:0px;background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center" valign="top"> Level 2 </td> <td style="background-color:rgb(255, 255, 255);font-family:Times New Roman, Times, serif;text-align:center;padding:0px"> </td> </tr> <tr style="height:15px;background-color:rgb(204, 238, 255)"> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;background-color:rgb(204, 238, 255)" valign="top"> Financial Assets: </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;background-color:rgb(204, 238, 255)"> </td> <td colspan="2" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;background-color:rgb(204, 238, 255)"> </td> <td colspan="2" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;background-color:rgb(204, 238, 255)"> </td> <td colspan="2" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;background-color:rgb(204, 238, 255)"> </td> <td colspan="2" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;background-color:rgb(204, 238, 255)"> </td> </tr> <tr style="height:15px;background-color:rgb(255, 255, 255)"> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:52%;background-color:rgb(255, 255, 255)" valign="top"> Money market funds </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> $ </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(255, 255, 255)" valign="top"> 290 </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> $ </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(255, 255, 255)" valign="top"> - </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> $ </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(255, 255, 255)" valign="top"> - </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> $ </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(255, 255, 255)" valign="top"> - </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> </tr> <tr style="height:15px;background-color:rgb(204, 238, 255)"> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:52%;background-color:rgb(204, 238, 255)" valign="top"> Foreign currency derivative contracts </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(204, 238, 255)" valign="top"> - </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(204, 238, 255)" valign="top"> - </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(204, 238, 255)" valign="top"> - </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(204, 238, 255)" valign="top"> 602 </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> </tr> <tr style="height:15px;background-color:rgb(255, 255, 255)"> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:52%;background-color:rgb(255, 255, 255)" valign="top"> Marketable securities: </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> </tr> <tr style="height:15px;background-color:rgb(204, 238, 255)"> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:52%;background-color:rgb(204, 238, 255)" valign="bottom"> U.S. Treasuries </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(204, 238, 255)" valign="bottom"> - </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(204, 238, 255)" valign="bottom"> 68,106 </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(204, 238, 255)" valign="bottom"> - </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(204, 238, 255)" valign="bottom"> - </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> </tr> <tr style="height:15px;background-color:rgb(255, 255, 255)"> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:52%;background-color:rgb(255, 255, 255)" valign="bottom"> U.S. Government Agencies </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;border-bottom:2px solid black;width:1%;background-color:rgb(255, 255, 255)"> </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;border-bottom:2px solid black;width:9%;background-color:rgb(255, 255, 255)" valign="bottom"> - </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;border-bottom:2px solid black;width:1%;background-color:rgb(255, 255, 255)"> </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;border-bottom:2px solid black;width:9%;background-color:rgb(255, 255, 255)" valign="bottom"> 17,415 </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;border-bottom:2px solid black;width:1%;background-color:rgb(255, 255, 255)"> </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;border-bottom:2px solid black;width:9%;background-color:rgb(255, 255, 255)" valign="bottom"> - </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;border-bottom:2px solid black;width:1%;background-color:rgb(255, 255, 255)"> </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;border-bottom:2px solid black;width:9%;background-color:rgb(255, 255, 255)" valign="bottom"> - </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> </tr> <tr style="height:15px;background-color:rgb(204, 238, 255)"> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:52%;background-color:rgb(204, 238, 255)" valign="bottom"> Total assets measured at fair value </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255);border-bottom:4px double black"> $ </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(204, 238, 255);border-bottom:4px double black" valign="top"> 290 </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255);border-bottom:4px double black"> $ </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(204, 238, 255);border-bottom:4px double black" valign="top"> 85,521 </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255);border-bottom:4px double black"> $ </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(204, 238, 255);border-bottom:4px double black" valign="top"> - </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255);border-bottom:4px double black"> $ </td> <td colspan="1" style="font-size:10pt;height:15px;border-bottom:4px double black;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(204, 238, 255)" valign="top"> 602 </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:52%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(255, 255, 255)" valign="top"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(255, 255, 255)" valign="top"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(255, 255, 255)" valign="top"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(255, 255, 255)" valign="top"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> </tr> <tr style="background-color:rgb(204, 238, 255)"> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:52%;background-color:rgb(204, 238, 255)" valign="bottom"> Financial Liabilities </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(204, 238, 255)" valign="top"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(204, 238, 255)" valign="top"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(204, 238, 255)" valign="top"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(204, 238, 255)" valign="top"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:52%;background-color:rgb(255, 255, 255)" valign="bottom"> Foreign currency derivative contracts </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%;border-bottom:2px solid black;background-color:rgb(255, 255, 255)"> </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;border-bottom:2px solid black;background-color:rgb(255, 255, 255)" valign="top">-</td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%;border-bottom:2px solid black;background-color:rgb(255, 255, 255)"> </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;border-bottom:2px solid black;background-color:rgb(255, 255, 255)" valign="top">(1,577</td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px 0px 1pt;width:1%;background-color:rgb(255, 255, 255)">)</td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%;border-bottom:2px solid black;background-color:rgb(255, 255, 255)"> </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;border-bottom:2px solid black;background-color:rgb(255, 255, 255)" valign="top">-</td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%;border-bottom:2px solid black;background-color:rgb(255, 255, 255)"> </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;border-bottom:2px solid black;background-color:rgb(255, 255, 255)" valign="top">-</td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(255, 255, 255)"> </td> </tr> <tr style="background-color:rgb(204, 238, 255)"> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:52%;background-color:rgb(204, 238, 255)" valign="bottom"> Total liabilities measured at fair value </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255);border-bottom:4px double black"> $ </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(204, 238, 255);border-bottom:4px double black" valign="top">-</td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255);border-bottom:4px double black"> $ </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(204, 238, 255);border-bottom:4px double black" valign="top">(1,577</td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;vertical-align:bottom;padding:0px 0px 3pt;width:1%;background-color:rgb(204, 238, 255)">)</td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255);border-bottom:4px double black"> $ </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(204, 238, 255);border-bottom:4px double black" valign="top">-</td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:left;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255);border-bottom:4px double black"> $ </td> <td colspan="1" style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:9%;background-color:rgb(204, 238, 255);border-bottom:4px double black" valign="top">-</td> <td style="font-size:10pt;height:15px;font-family:Times New Roman, Times, serif;text-align:right;vertical-align:bottom;padding:0px;width:1%;background-color:rgb(204, 238, 255)"> </td> </tr> </table> </div>

290000

602000

68106000

17415000

290000

85521000

602000

-1577000

<div> <div style="line-height:1.25">NOTE 10: CONVERTIBLE PREFERRED SHARES, SHAREHOLDERS’ EQUITY AND EQUITY INCENTIVE PLAN</div> <div style="line-height:1.25"> </div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:21.25pt;vertical-align:top;align:right">a.</td> <td style="width:auto;vertical-align:top"> <div>Composition of share capital</div> </td> </tr> </table> <div> </div> <div style="margin-left:27pt"> <div> <table border="0" cellpadding="0" cellspacing="0" style="width:90%;color:#000000;font-family:'Times New Roman', Times, serif;font-size:10pt;text-align:left"> <tr> <td style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="6" style="vertical-align:top;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">December 31, 2022</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="6" style="vertical-align:top;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">December 31, 2021</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:1.5pt solid black" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">Authorized</div> </td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:1.5pt solid black" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">Issued and</div> <div style="text-align:center;line-height:1.25;font-weight:bold">outstanding</div> </td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:1.5pt solid black" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">Authorized</div> </td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:1.5pt solid black" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">Issued and</div> <div style="text-align:center;line-height:1.25;font-weight:bold">outstanding</div> </td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="14" style="vertical-align:top;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold;text-indent:2pt">Number of shares no par value</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:52%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:8.5pt">Ordinary shares</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">900,000,000</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">86,780,082</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">900,000,000</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">83,754,006</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> </table> </div> </div> <div style="line-height:1.25"> </div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:21.25pt;vertical-align:top;align:right">b.</td> <td style="width:auto;vertical-align:top"> <div>Ordinary shares:</div> </td> </tr> </table> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">Ordinary shares shall confer on their shareholders all rights in the Company, including the right to vote on any matter at any general meeting, with each ordinary share having voting power of one vote for one ordinary share, the right to receive notice of any General Meeting, the right to receive dividends and to participate in any distribution of surplus assets and funds in the Company.</div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">On March 4, 2021, the Company's shareholders approved the change of share capital from NIS 0.01 par value to no par-value. All references to ordinary and convertible preferred shares amounts and per share amounts have been retroactively restated to reflect the change in par value as if it had taken place as of the beginning of the earliest period presented.</div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">In connection with the IPO, the Company’s amended and restated articles of association became effective, which authorized the issuance of 900,000,000 ordinary shares, no par value each.</div> <div style="line-height:1.25"> </div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:21.25pt;vertical-align:top;align:right">c.</td> <td style="width:auto;vertical-align:top"> <div>Convertible preferred shares:</div> </td> </tr> </table> <div style="margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25;font-family:'Times New Roman',Times,serif">In November 2019, the Company entered into a share purchase agreement with certain investors for a total consideration of $45,000. In addition to the initial consideration, the share purchase agreement granted the Company the right to execute additional funding requests up to a total amount of $45,000 for a period of 24 months. As of December 31, 2020 the Company executed additional funding in the aggregate amount of $35,000 out of the available $45,000.</div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">On March 25, 2021 the Company executed an additional funding request in the total amount of $10,000, for which 455,942 preferred F shares of no par value each were issued.</div> <div/> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">Upon completion of the IPO, all convertible preferred shares outstanding, totaling 59,180,522 shares, were automatically converted into an equivalent number of ordinary shares on a one-to-one basis and their carrying value of $310,490 was reclassified into shareholders’ equity.</div> <div style="line-height:1.25"> </div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:21.25pt;vertical-align:top;align:right">d.</td> <td style="width:auto;vertical-align:top"> <div>Share option plan:</div> </td> </tr> </table> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">The Company’s equity incentive plans provide for granting share options, RSUs and restricted share awards to employees, consultants, officers and directors. Each option granted under the Plan expires no later than 10 years from the date of grant. Options and RSUs vest usually over four years of commencement of employment or services. Any option or RSU which are forfeited or not exercised before expiration, become available for future grants. As of December 31, 2022 and 2021, an aggregate of 7,240,782 and 7,857,017 ordinary shares of the Company, respectively are still available for future grants.</div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25;font-style:italic;font-weight:bold">Share options</div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">A summary of the Company's share option activity (except options to non-employee consultants) under the Plan is as follows:</div> <div style="line-height:1.25"> </div> <div style="margin-left:27pt"> <div> <table border="0" cellpadding="0" cellspacing="0" style="width:90%;color:#000000;font-family:'Times New Roman', Times, serif;font-size:10pt;text-align:left"> <tr> <td style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">Number</div> <div style="text-align:center;line-height:1.25;font-weight:bold">of</div> <div style="text-align:center;line-height:1.25;font-weight:bold">options</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">Weighted</div> <div style="text-align:center;line-height:1.25;font-weight:bold">average</div> <div style="text-align:center;line-height:1.25;font-weight:bold">exercise</div> <div style="text-align:center;line-height:1.25;font-weight:bold">price</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">Weighted</div> <div style="text-align:center;line-height:1.25;font-weight:bold">average</div> <div style="text-align:center;line-height:1.25;font-weight:bold">remaining</div> <div style="text-align:center;line-height:1.25;font-weight:bold">contractual</div> <div style="text-align:center;line-height:1.25;font-weight:bold">term</div> <div style="text-align:center;line-height:1.25;font-weight:bold">(in years)</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">Aggregate</div> <div style="text-align:center;line-height:1.25;font-weight:bold">Intrinsic</div> <div style="text-align:center;line-height:1.25;font-weight:bold">value</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="2" style="vertical-align:top" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:52%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:11.35pt">Balance as of December 31, 2021</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">14,160,792</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">8.38</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">7.67</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">159,366</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:52%" valign="bottom"> <div style="text-indent:8.5pt;margin-left:11.35pt;line-height:1.25">Granted</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">1,201,247</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">13.35</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:52%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="text-indent:8.5pt;margin-left:11.35pt;line-height:1.25">Forfeited</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">(1,425,431</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> <div style="line-height:1.25">)</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">12.87</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:52%;padding-bottom:2px" valign="bottom"> <div style="text-indent:8.5pt;margin-left:11.35pt;line-height:1.25">Exercised</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom">(1,524,411</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap" valign="bottom"> <div style="line-height:1.25">)</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom">3.31</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;padding-bottom:2px" valign="bottom">12,217</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:52%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:11.35pt">Balance as of December 31, 2022</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">12,412,197 </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">8.96</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom">6.93</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25"> </div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom">49,209</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:52%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:52%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:11.35pt">Exercisable options at end of year</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">7,446,960</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">6.30</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom">5.95</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom">43,957</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> </table> </div> </div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">As of December 31, 2022, there was approximately $50,475 of total unrecognized compensation cost related to non-vested share-based compensation arrangements granted under the Company's share option plan. That cost is expected to be recognized over a weighted-average period of 3.08 years.</div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">The weighted-average grant date fair value of options granted during the years ended December 31, 2022, 2021 and 2020 was $7.32, $13.31 and $5.62, respectively. As of December 31, 2022 and 2021, there were no outstanding options granted to non-employees. </div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">Under the provisions of ASC 718, the fair value of each option was estimated on the date of grant using the Black & Scholes option valuation model, using the assumptions noted in the following table:</div> <div style="line-height:1.25"> </div> <div style="margin-left:27pt"> <div> <table border="0" cellpadding="0" cellspacing="0" style="width:90%"> <tr> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top"> </td> <td colspan="5" style="vertical-align:top;border-bottom:2px solid rgb(0, 0, 0)"> <div style="text-align:center;line-height:1.25;font-weight:bold">Year ended</div> <div style="text-align:center;line-height:1.25;font-weight:bold">December 31,</div> </td> </tr> <tr> <td style="vertical-align:bottom;width:61%"> </td> <td style="vertical-align:top;width:2%"> </td> <td style="vertical-align:top;border-bottom:2px solid rgb(0, 0, 0);width:10%"> <div style="text-align:center;line-height:1.25;font-weight:bold">2022</div> </td> <td style="vertical-align:top;width:2%"> </td> <td style="vertical-align:top;border-bottom:2px solid rgb(0, 0, 0);width:10%"> <div style="text-align:center;line-height:1.25;font-weight:bold">2021</div> </td> <td style="vertical-align:top;width:2%"> </td> <td style="vertical-align:top;border-bottom:2px solid rgb(0, 0, 0);width:10%"> <div style="text-align:center;line-height:1.25;font-weight:bold">2020</div> </td> </tr> <tr> <td style="vertical-align:bottom;width:61%"> </td> <td style="vertical-align:top;width:2%"> </td> <td style="vertical-align:top;width:10%"> </td> <td style="vertical-align:top;width:2%"> </td> <td style="vertical-align:top;width:10%"> </td> <td style="vertical-align:top;width:2%"> </td> <td style="vertical-align:top;width:10%"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:rgb(204, 238, 255);width:61%"> <div style="margin-right:2.85pt;margin-left:2.85pt;line-height:1.25">Expected volatility</div> </td> <td style="vertical-align:top;background-color:rgb(204, 238, 255);width:2%"> </td> <td style="vertical-align:top;background-color:rgb(204, 238, 255);text-align:center;width:10%">60%</td> <td style="vertical-align:top;background-color:rgb(204, 238, 255);text-align:center;width:2%"> </td> <td style="vertical-align:top;background-color:rgb(204, 238, 255);text-align:center;width:10%">60%</td> <td style="vertical-align:top;background-color:rgb(204, 238, 255);text-align:center;width:2%"> </td> <td style="vertical-align:top;background-color:rgb(204, 238, 255);width:10%"> <div style="line-height:1.25;text-align:center">60%</div> </td> </tr> <tr> <td style="vertical-align:bottom;width:61%"> <div style="margin-right:2.85pt;margin-left:2.85pt;line-height:1.25">Expected dividend yield</div> </td> <td style="vertical-align:top;width:2%"> </td> <td style="vertical-align:top;text-align:center;width:10%">-</td> <td style="vertical-align:top;text-align:center;width:2%"> </td> <td style="vertical-align:top;text-align:center;width:10%">-</td> <td style="vertical-align:top;text-align:center;width:2%"> </td> <td style="vertical-align:top;text-align:center;width:10%">-</td> </tr> <tr> <td style="vertical-align:bottom;background-color:rgb(204, 238, 255);width:61%"> <div style="margin-right:2.85pt;margin-left:2.85pt;line-height:1.25">Expected term (in years)</div> </td> <td style="vertical-align:top;background-color:rgb(204, 238, 255);width:2%"> </td> <td style="vertical-align:top;background-color:rgb(204, 238, 255);width:10%"> <div style="line-height:1.25;text-align:center">5.5-6.98</div> </td> <td style="vertical-align:top;background-color:rgb(204, 238, 255);text-align:center;width:2%"> </td> <td style="vertical-align:top;background-color:rgb(204, 238, 255);text-align:center;width:10%">5-6.55</td> <td style="vertical-align:top;background-color:rgb(204, 238, 255);text-align:center;width:2%"> </td> <td style="vertical-align:top;background-color:rgb(204, 238, 255);width:10%"> <div style="line-height:1.25;text-align:center">6.08</div> </td> </tr> <tr> <td style="vertical-align:bottom;width:61%"> <div style="margin-right:2.85pt;margin-left:2.85pt;line-height:1.25">Risk free interest</div> </td> <td style="vertical-align:top;width:2%"> </td> <td style="vertical-align:top;width:10%"> <div style="line-height:1.25;text-align:center">1.98%-3.88%</div> </td> <td style="vertical-align:top;text-align:center;width:2%"> </td> <td style="vertical-align:top;width:10%"> <div style="line-height:1.25;text-align:center">0.49%-1.06%</div> </td> <td style="vertical-align:top;text-align:center;width:2%"> </td> <td style="vertical-align:top;width:10%"> <div style="line-height:1.25;text-align:center">0.28%-1.45%</div> </td> </tr> </table> </div> </div> <div style="line-height:1.25"> <div/> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">Risk-free interest rates are based on the yield from U.S. Treasury zero-coupon bonds with a term equivalent to the expected term of the options. The expected volatility of the price of such shares is based on an analysis of reported data for a peer group of comparable publicly traded companies which were selected based upon industry similarities. The expected term of options granted represents the period of time that options granted are expected to be outstanding, and is determined based on the simplified method in accordance with ASC No. 718-10-S99-1 (SAB No. 110), as adequate historical experience is not available to provide a reasonable estimate. The dividend yield is based on the Company's historical and future expectation of dividends payouts. Historically, the Company has not paid cash dividends and has no foreseeable plans to pay cash dividends in the future.</div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25;font-style:italic;font-weight:bold">Restricted Share Units</div> <div style="line-height:1.25"> </div> <div style="margin-left:27pt"> <div> <table border="0" cellpadding="0" cellspacing="0" style="width:90%;color:#000000;font-family:'Times New Roman', Times, serif;font-size:10pt;text-align:left"> <tr> <td style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">Number </div> <div style="text-align:center;line-height:1.25;font-weight:bold">of</div> <div style="text-align:center;line-height:1.25;font-weight:bold">RSUs</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">Weighted-</div> <div style="text-align:center;line-height:1.25;font-weight:bold">Average</div> <div style="text-align:center;line-height:1.25;font-weight:bold">Grant Date</div> <div style="text-align:center;line-height:1.25;font-weight:bold">Fair Value</div> <div style="text-align:center;line-height:1.25;font-weight:bold">Per Share</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="2" style="vertical-align:top" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:76%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:11.35pt">Balance as of December 31, 2021</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">2,366,373</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> $ </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">26.22</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:76%" valign="bottom"> <div style="text-indent:8.5pt;margin-left:11.35pt;line-height:1.25">Granted</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">6,466,740</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">14.24</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:76%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="text-indent:8.5pt;margin-left:11.35pt;line-height:1.25">Forfeited</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">(1,439,112</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> <div style="line-height:1.25">)</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">19.88</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:76%;padding-bottom:2px" valign="bottom"> <div style="text-indent:8.5pt;margin-left:11.35pt;line-height:1.25">Exercised</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom">(834,175</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:1px;white-space:nowrap" valign="bottom"> <div style="line-height:1.25">)</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;padding-bottom:2px" valign="bottom">22.84</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:76%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:11.35pt">Balance as of December 31, 2022</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">6,559,826</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom">16.23</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> </table> </div> </div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">As of December 31, 2022, there was approximately $93,374 of unrecognized share-based compensation expense related to unvested RSUs, which is being recognized over a weighted-average period of 3.06 years based on vesting under the award service conditions.</div> <div style="line-height:1.25"> </div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:21.25pt;vertical-align:top;align:right">e.</td> <td style="width:auto;vertical-align:top"> <div>Employee Share Purchase Plan</div> </td> </tr> </table> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">In June 2021, the Company adopted the 2021 ESPP. Generally, all of the Company’s employees are eligible to participate if they are employed by the Company. The Company’s ESPP permits participants to purchase the Company’s ordinary shares through contributions in the form of payroll deductions or otherwise to the extent permitted by the Company, of up to 15% of their eligible compensation (as defined in the ESPP). Amounts contributed and accumulated by the participant will be used to purchase the Company’s ordinary shares at the end of each offering period. The purchase price of the shares will be 85% of the lower of the fair market value of the Company’s ordinary shares on the first trading day of the offering period or on the exercise date. As of December 31, 2022 and 2021, a total of 2,161,770 and 1,824,988 ordinary shares of the Company, respectively are reserved for issuance under the ESPP.</div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">The Company estimated the fair value of ESPP purchase rights using a Monte-Carlo option pricing model with the following assumptions:</div> <div style="line-height:1.25"> </div> <div style="margin-left:27pt"> <div> <table border="0" cellpadding="0" cellspacing="0" style="color:#000000;font-family:'Times New Roman',Times,serif;font-size:10pt;text-align:left;width:90%"> <tr> <td style="vertical-align:bottom"> </td> <td colspan="1" style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom"> <div style="text-align:center;line-height:1.25;font-family:'Times New Roman',Times,serif;font-weight:bold">Year ended December 31,</div> </td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> Year ended December 31, </td> <td> </td> </tr> <tr> <td style="vertical-align:bottom;padding-bottom:2px"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:2px solid rgb(0, 0, 0)"> <div style="text-align:center;line-height:1.25;font-weight:bold">2022</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="border-bottom:1.5pt solid black;text-align:center;vertical-align:bottom">2021</td> <td> </td> </tr> <tr> <td style="vertical-align:bottom" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="2" style="vertical-align:top" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap" valign="bottom"> </td> <td> </td> <td> </td> <td> </td> <td> </td> </tr> <tr style="background-color:rgb(204, 238, 255)"> <td style="vertical-align:bottom;width:76%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="margin-right:2.85pt;margin-left:2.85pt;line-height:1.25">Expected volatility</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:9%;background-color:rgb(204, 238, 255);text-align:center" valign="bottom">77%-91.9%</td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25"> </div> </td> <td style="width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="width:9%;background-color:rgb(204, 238, 255);text-align:center">41%</td> <td style="width:1%;background-color:rgb(204, 238, 255)"> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="vertical-align:bottom;width:76%;background-color:rgb(255, 255, 255)" valign="bottom"> <div style="margin-right:2.85pt;margin-left:2.85pt;line-height:1.25">Expected dividend yield</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:9%;background-color:rgb(255, 255, 255);text-align:center" valign="bottom">-</td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td style="width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="width:9%;background-color:rgb(255, 255, 255);text-align:center">-</td> <td style="width:1%;background-color:rgb(255, 255, 255)"> </td> </tr> <tr style="background-color:rgb(204, 238, 255)"> <td style="vertical-align:bottom;width:76%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="margin-right:2.85pt;margin-left:2.85pt;line-height:1.25">Expected term (in years)</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:9%;background-color:rgb(204, 238, 255);text-align:center" valign="bottom">0.5</td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td style="width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="width:9%;background-color:rgb(204, 238, 255);text-align:center">0.57</td> <td style="width:1%;background-color:rgb(204, 238, 255)"> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="vertical-align:bottom;width:76%;background-color:rgb(255, 255, 255)" valign="bottom"> <div style="margin-right:2.85pt;margin-left:2.85pt;line-height:1.25">Risk free interest</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:9%;background-color:rgb(255, 255, 255);text-align:center" valign="bottom">0.46%-2.85%</td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> <div style="line-height:1.25"> </div> </td> <td style="width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="width:9%;background-color:rgb(255, 255, 255);text-align:center">0.06%</td> <td style="width:1%;background-color:rgb(255, 255, 255)"> </td> </tr> </table> </div> </div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">As of December 31, 2022, there was $527 of unrecognized share-based compensation expense related to the ESPP that is expected to be recognized over an average vesting period of 0.2 years.</div> <div style="line-height:1.25"> <div/> </div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:21.25pt;vertical-align:top;align:right">f.</td> <td style="width:auto;vertical-align:top"> <div>Share-based compensation expense by award type was as follows:</div> </td> </tr> </table> <div style="line-height:1.25"> </div> <div style="margin-left:27pt"> <table border="0" cellpadding="0" cellspacing="0" style="width:90%;color:#000000;font-family:'Times New Roman', Times, serif;font-size:10pt;text-align:left"> <tr> <td style="vertical-align:top;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="10" style="vertical-align:top;border-bottom:#000000 solid 2px" valign="bottom"> <div style="line-height:1.25"> <div style="text-align:center;line-height:1.25;font-weight:bold">Year ended December 31</div> </div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:top;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:top;border-bottom:#000000 solid 2px" valign="bottom"> <div style="line-height:1.25"> <div style="text-align:center;line-height:1.25;font-weight:bold">2022</div> </div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:top;border-bottom:#000000 solid 2px" valign="bottom"> <div style="line-height:1.25"> <div style="text-align:center;line-height:1.25;font-weight:bold">2021</div> </div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:top;border-bottom:#000000 solid 2px" valign="bottom"> <div style="line-height:1.25"> <div style="text-align:center;line-height:1.25;font-weight:bold">2020</div> </div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">Share options</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">20,167</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">21,359</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">14,017</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%" valign="bottom"> <div style="line-height:1.25">RSUs</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">27,001</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">4,842</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">-</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">ESPP</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">2,936</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">1,131</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">-</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;padding-bottom:4px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0)" valign="bottom"> <div style="line-height:1.25"> <div style="line-height:1.25">$</div> </div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0)" valign="bottom">50,104</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0)" valign="bottom"> <div style="line-height:1.25"> <div style="line-height:1.25">$</div> </div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0)" valign="bottom">27,332</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0)" valign="bottom"> <div style="line-height:1.25"> <div style="line-height:1.25">$</div> </div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0)" valign="bottom">14,017</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;white-space:nowrap" valign="bottom"> </td> </tr> </table> </div> <div style="line-height:1.25"> </div> <div style="margin-left:21.3pt;line-height:1.25">The share-based compensation expense by line item in the accompanying consolidated statements of operations is summarized as follows:</div> <div style="line-height:1.25"> </div> <div style="margin-left:27pt"> <table border="0" cellpadding="0" cellspacing="0" style="width:90%;color:#000000;font-family:'Times New Roman', Times, serif;font-size:10pt;text-align:left"> <tr> <td style="vertical-align:top;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="10" style="vertical-align:top;border-bottom:#000000 solid 2px" valign="bottom"> <div style="line-height:1.25"> <div style="text-align:center;line-height:1.25;font-weight:bold">Year ended December 31</div> </div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:top;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:top;border-bottom:#000000 solid 2px" valign="bottom"> <div style="line-height:1.25"> <div style="text-align:center;line-height:1.25;font-weight:bold">2022</div> </div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:top;border-bottom:#000000 solid 2px" valign="bottom"> <div style="line-height:1.25"> <div style="text-align:center;line-height:1.25;font-weight:bold">2021</div> </div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:top;border-bottom:#000000 solid 2px" valign="bottom"> <div style="line-height:1.25"> <div style="text-align:center;line-height:1.25;font-weight:bold">2020</div> </div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">Cost of revenues</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">3,896</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">1,804</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">201</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%" valign="bottom"> <div style="line-height:1.25">Research and development</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">7,285</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">3,863</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">1,596</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">Sales and marketing</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">19,126</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">8,205</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">1,105</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;padding-bottom:2px" valign="bottom"> <div style="line-height:1.25">General and administrative</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom">19,797</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom">13,460</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom">11,115</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25"> <div style="line-height:1.25">$</div> </div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">50,104</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25"> <div style="line-height:1.25">$</div> </div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">27,332</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25"> <div style="line-height:1.25">$</div> </div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">14,017</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> </table> </div> <div style="line-height:1.25"> </div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:21.25pt;vertical-align:top;align:right">g.</td> <td style="width:auto;vertical-align:top"> <div>Third-party share transactions:</div> </td> </tr> </table> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">During the year ended December 31, 2020 the Company facilitated several secondary transactions, in which certain current employees and shareholders, sold a portion of their Ordinary Shares to other shareholders. The Company recorded share-based compensation expenses for the amount realized by the employees in excess of the estimated fair value of their respective shares. In addition, the Company recorded a deemed dividend for the amount paid to other shareholders, in excess of the estimated fair value of their respective shares. The total amount resulted in $8,536 of incremental share-based compensation expense and $4,569 of deemed dividend for the year ended December 31, 2020.</div> </div>

900000000

86780082

900000000

83754006

0.01

900000000

45000000 45000000 35000000 45000000

10000000

455942

59180522

an equivalent number of ordinary shares on a one-to-one

310490000

P10Y

P4Y

7240782

7857017

<div> <table border="0" cellpadding="0" cellspacing="0" style="width:90%;color:#000000;font-family:'Times New Roman', Times, serif;font-size:10pt;text-align:left"> <tr> <td style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">Number</div> <div style="text-align:center;line-height:1.25;font-weight:bold">of</div> <div style="text-align:center;line-height:1.25;font-weight:bold">options</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">Weighted</div> <div style="text-align:center;line-height:1.25;font-weight:bold">average</div> <div style="text-align:center;line-height:1.25;font-weight:bold">exercise</div> <div style="text-align:center;line-height:1.25;font-weight:bold">price</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">Weighted</div> <div style="text-align:center;line-height:1.25;font-weight:bold">average</div> <div style="text-align:center;line-height:1.25;font-weight:bold">remaining</div> <div style="text-align:center;line-height:1.25;font-weight:bold">contractual</div> <div style="text-align:center;line-height:1.25;font-weight:bold">term</div> <div style="text-align:center;line-height:1.25;font-weight:bold">(in years)</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">Aggregate</div> <div style="text-align:center;line-height:1.25;font-weight:bold">Intrinsic</div> <div style="text-align:center;line-height:1.25;font-weight:bold">value</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="2" style="vertical-align:top" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:52%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:11.35pt">Balance as of December 31, 2021</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">14,160,792</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">8.38</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">7.67</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">159,366</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:52%" valign="bottom"> <div style="text-indent:8.5pt;margin-left:11.35pt;line-height:1.25">Granted</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">1,201,247</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">13.35</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:52%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="text-indent:8.5pt;margin-left:11.35pt;line-height:1.25">Forfeited</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">(1,425,431</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> <div style="line-height:1.25">)</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">12.87</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:52%;padding-bottom:2px" valign="bottom"> <div style="text-indent:8.5pt;margin-left:11.35pt;line-height:1.25">Exercised</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom">(1,524,411</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap" valign="bottom"> <div style="line-height:1.25">)</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom">3.31</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;padding-bottom:2px" valign="bottom">12,217</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:52%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:11.35pt">Balance as of December 31, 2022</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">12,412,197 </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">8.96</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom">6.93</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25"> </div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom">49,209</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:52%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:52%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:11.35pt">Exercisable options at end of year</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">7,446,960</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">6.30</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom">5.95</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom">43,957</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> </table> </div>

14160792

8.38

P7Y8M1D

159366000

1201247

13.35

1425431

12.87

1524411

3.31

12217000

12412197

8.96

P6Y11M4D

49209000

7446960

6.3

P5Y11M12D

43957000

50475000

P3Y29D

7.32

13.31

5.62

<div> <table border="0" cellpadding="0" cellspacing="0" style="width:90%"> <tr> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top"> </td> <td colspan="5" style="vertical-align:top;border-bottom:2px solid rgb(0, 0, 0)"> <div style="text-align:center;line-height:1.25;font-weight:bold">Year ended</div> <div style="text-align:center;line-height:1.25;font-weight:bold">December 31,</div> </td> </tr> <tr> <td style="vertical-align:bottom;width:61%"> </td> <td style="vertical-align:top;width:2%"> </td> <td style="vertical-align:top;border-bottom:2px solid rgb(0, 0, 0);width:10%"> <div style="text-align:center;line-height:1.25;font-weight:bold">2022</div> </td> <td style="vertical-align:top;width:2%"> </td> <td style="vertical-align:top;border-bottom:2px solid rgb(0, 0, 0);width:10%"> <div style="text-align:center;line-height:1.25;font-weight:bold">2021</div> </td> <td style="vertical-align:top;width:2%"> </td> <td style="vertical-align:top;border-bottom:2px solid rgb(0, 0, 0);width:10%"> <div style="text-align:center;line-height:1.25;font-weight:bold">2020</div> </td> </tr> <tr> <td style="vertical-align:bottom;width:61%"> </td> <td style="vertical-align:top;width:2%"> </td> <td style="vertical-align:top;width:10%"> </td> <td style="vertical-align:top;width:2%"> </td> <td style="vertical-align:top;width:10%"> </td> <td style="vertical-align:top;width:2%"> </td> <td style="vertical-align:top;width:10%"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:rgb(204, 238, 255);width:61%"> <div style="margin-right:2.85pt;margin-left:2.85pt;line-height:1.25">Expected volatility</div> </td> <td style="vertical-align:top;background-color:rgb(204, 238, 255);width:2%"> </td> <td style="vertical-align:top;background-color:rgb(204, 238, 255);text-align:center;width:10%">60%</td> <td style="vertical-align:top;background-color:rgb(204, 238, 255);text-align:center;width:2%"> </td> <td style="vertical-align:top;background-color:rgb(204, 238, 255);text-align:center;width:10%">60%</td> <td style="vertical-align:top;background-color:rgb(204, 238, 255);text-align:center;width:2%"> </td> <td style="vertical-align:top;background-color:rgb(204, 238, 255);width:10%"> <div style="line-height:1.25;text-align:center">60%</div> </td> </tr> <tr> <td style="vertical-align:bottom;width:61%"> <div style="margin-right:2.85pt;margin-left:2.85pt;line-height:1.25">Expected dividend yield</div> </td> <td style="vertical-align:top;width:2%"> </td> <td style="vertical-align:top;text-align:center;width:10%">-</td> <td style="vertical-align:top;text-align:center;width:2%"> </td> <td style="vertical-align:top;text-align:center;width:10%">-</td> <td style="vertical-align:top;text-align:center;width:2%"> </td> <td style="vertical-align:top;text-align:center;width:10%">-</td> </tr> <tr> <td style="vertical-align:bottom;background-color:rgb(204, 238, 255);width:61%"> <div style="margin-right:2.85pt;margin-left:2.85pt;line-height:1.25">Expected term (in years)</div> </td> <td style="vertical-align:top;background-color:rgb(204, 238, 255);width:2%"> </td> <td style="vertical-align:top;background-color:rgb(204, 238, 255);width:10%"> <div style="line-height:1.25;text-align:center">5.5-6.98</div> </td> <td style="vertical-align:top;background-color:rgb(204, 238, 255);text-align:center;width:2%"> </td> <td style="vertical-align:top;background-color:rgb(204, 238, 255);text-align:center;width:10%">5-6.55</td> <td style="vertical-align:top;background-color:rgb(204, 238, 255);text-align:center;width:2%"> </td> <td style="vertical-align:top;background-color:rgb(204, 238, 255);width:10%"> <div style="line-height:1.25;text-align:center">6.08</div> </td> </tr> <tr> <td style="vertical-align:bottom;width:61%"> <div style="margin-right:2.85pt;margin-left:2.85pt;line-height:1.25">Risk free interest</div> </td> <td style="vertical-align:top;width:2%"> </td> <td style="vertical-align:top;width:10%"> <div style="line-height:1.25;text-align:center">1.98%-3.88%</div> </td> <td style="vertical-align:top;text-align:center;width:2%"> </td> <td style="vertical-align:top;width:10%"> <div style="line-height:1.25;text-align:center">0.49%-1.06%</div> </td> <td style="vertical-align:top;text-align:center;width:2%"> </td> <td style="vertical-align:top;width:10%"> <div style="line-height:1.25;text-align:center">0.28%-1.45%</div> </td> </tr> </table> </div>

0.60

P5Y6M

P6Y11M23D

P5Y

P6Y6M18D

P6Y29D

0.0198

0.0388

0.0049

0.0106

0.0028

0.0145

2366373

26.22

6466740

14.24

1439112

19.88

834175 22.84

6559826

16.23

93374000

P3Y21D

2161770 1824988

<div> <table border="0" cellpadding="0" cellspacing="0" style="color:#000000;font-family:'Times New Roman',Times,serif;font-size:10pt;text-align:left;width:90%"> <tr> <td style="vertical-align:bottom"> </td> <td colspan="1" style="vertical-align:bottom"> </td> <td colspan="2" style="vertical-align:bottom"> <div style="text-align:center;line-height:1.25;font-family:'Times New Roman',Times,serif;font-weight:bold">Year ended December 31,</div> </td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> Year ended December 31, </td> <td> </td> </tr> <tr> <td style="vertical-align:bottom;padding-bottom:2px"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:2px solid rgb(0, 0, 0)"> <div style="text-align:center;line-height:1.25;font-weight:bold">2022</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap"> </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom"> </td> <td style="border-bottom:1.5pt solid black;text-align:center;vertical-align:bottom">2021</td> <td> </td> </tr> <tr> <td style="vertical-align:bottom" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="2" style="vertical-align:top" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap" valign="bottom"> </td> <td> </td> <td> </td> <td> </td> <td> </td> </tr> <tr style="background-color:rgb(204, 238, 255)"> <td style="vertical-align:bottom;width:76%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="margin-right:2.85pt;margin-left:2.85pt;line-height:1.25">Expected volatility</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:9%;background-color:rgb(204, 238, 255);text-align:center" valign="bottom">77%-91.9%</td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25"> </div> </td> <td style="width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="width:9%;background-color:rgb(204, 238, 255);text-align:center">41%</td> <td style="width:1%;background-color:rgb(204, 238, 255)"> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="vertical-align:bottom;width:76%;background-color:rgb(255, 255, 255)" valign="bottom"> <div style="margin-right:2.85pt;margin-left:2.85pt;line-height:1.25">Expected dividend yield</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:9%;background-color:rgb(255, 255, 255);text-align:center" valign="bottom">-</td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td style="width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="width:9%;background-color:rgb(255, 255, 255);text-align:center">-</td> <td style="width:1%;background-color:rgb(255, 255, 255)"> </td> </tr> <tr style="background-color:rgb(204, 238, 255)"> <td style="vertical-align:bottom;width:76%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="margin-right:2.85pt;margin-left:2.85pt;line-height:1.25">Expected term (in years)</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:9%;background-color:rgb(204, 238, 255);text-align:center" valign="bottom">0.5</td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td style="width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="width:1%;background-color:rgb(204, 238, 255)"> </td> <td style="width:9%;background-color:rgb(204, 238, 255);text-align:center">0.57</td> <td style="width:1%;background-color:rgb(204, 238, 255)"> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="vertical-align:bottom;width:76%;background-color:rgb(255, 255, 255)" valign="bottom"> <div style="margin-right:2.85pt;margin-left:2.85pt;line-height:1.25">Risk free interest</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:9%;background-color:rgb(255, 255, 255);text-align:center" valign="bottom">0.46%-2.85%</td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> <div style="line-height:1.25"> </div> </td> <td style="width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="width:1%;background-color:rgb(255, 255, 255)"> </td> <td style="width:9%;background-color:rgb(255, 255, 255);text-align:center">0.06%</td> <td style="width:1%;background-color:rgb(255, 255, 255)"> </td> </tr> </table> </div>

0.77

0.919

0.41

P0Y6M

P0Y6M25D

0.0046

0.0285

0.0006

527000

P0Y2M12D

<table border="0" cellpadding="0" cellspacing="0" style="width:90%;color:#000000;font-family:'Times New Roman', Times, serif;font-size:10pt;text-align:left"> <tr> <td style="vertical-align:top;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="10" style="vertical-align:top;border-bottom:#000000 solid 2px" valign="bottom"> <div style="line-height:1.25"> <div style="text-align:center;line-height:1.25;font-weight:bold">Year ended December 31</div> </div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:top;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:top;border-bottom:#000000 solid 2px" valign="bottom"> <div style="line-height:1.25"> <div style="text-align:center;line-height:1.25;font-weight:bold">2022</div> </div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:top;border-bottom:#000000 solid 2px" valign="bottom"> <div style="line-height:1.25"> <div style="text-align:center;line-height:1.25;font-weight:bold">2021</div> </div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:top;border-bottom:#000000 solid 2px" valign="bottom"> <div style="line-height:1.25"> <div style="text-align:center;line-height:1.25;font-weight:bold">2020</div> </div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">Share options</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">20,167</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">21,359</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">14,017</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%" valign="bottom"> <div style="line-height:1.25">RSUs</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">27,001</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">4,842</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">-</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">ESPP</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">2,936</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">1,131</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">-</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;padding-bottom:4px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0)" valign="bottom"> <div style="line-height:1.25"> <div style="line-height:1.25">$</div> </div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0)" valign="bottom">50,104</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0)" valign="bottom"> <div style="line-height:1.25"> <div style="line-height:1.25">$</div> </div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0)" valign="bottom">27,332</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0)" valign="bottom"> <div style="line-height:1.25"> <div style="line-height:1.25">$</div> </div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0)" valign="bottom">14,017</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;white-space:nowrap" valign="bottom"> </td> </tr> </table>

20167000

21359000

14017000

27001000

4842000

2936000

1131000

50104000

27332000

14017000

<table border="0" cellpadding="0" cellspacing="0" style="width:90%;color:#000000;font-family:'Times New Roman', Times, serif;font-size:10pt;text-align:left"> <tr> <td style="vertical-align:top;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="10" style="vertical-align:top;border-bottom:#000000 solid 2px" valign="bottom"> <div style="line-height:1.25"> <div style="text-align:center;line-height:1.25;font-weight:bold">Year ended December 31</div> </div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:top;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:top;border-bottom:#000000 solid 2px" valign="bottom"> <div style="line-height:1.25"> <div style="text-align:center;line-height:1.25;font-weight:bold">2022</div> </div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:top;border-bottom:#000000 solid 2px" valign="bottom"> <div style="line-height:1.25"> <div style="text-align:center;line-height:1.25;font-weight:bold">2021</div> </div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:top;border-bottom:#000000 solid 2px" valign="bottom"> <div style="line-height:1.25"> <div style="text-align:center;line-height:1.25;font-weight:bold">2020</div> </div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">Cost of revenues</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">3,896</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">1,804</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">201</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%" valign="bottom"> <div style="line-height:1.25">Research and development</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">7,285</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">3,863</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">1,596</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">Sales and marketing</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">19,126</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">8,205</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">1,105</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;padding-bottom:2px" valign="bottom"> <div style="line-height:1.25">General and administrative</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom">19,797</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom">13,460</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom">11,115</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25"> <div style="line-height:1.25">$</div> </div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">50,104</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25"> <div style="line-height:1.25">$</div> </div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">27,332</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25"> <div style="line-height:1.25">$</div> </div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">14,017</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> </table>

3896000

1804000

201000

7285000

3863000

1596000

19126000

8205000

1105000

19797000

13460000

11115000

50104000

27332000

14017000

8536000

4569000

<div> <div style="line-height:1.25;font-weight:bold">NOTE 11: TAXES ON INCOME</div> <div style="line-height:1.25"> </div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:21.25pt;vertical-align:top;align:right">a.</td> <td style="width:auto;vertical-align:top"> <div>Ordinary taxable income in Israel is subject to a corporate tax rate of 23%.</div> </td> </tr> </table> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">The Company applies various benefits allotted to it under the revised Investment Law as per Amendment 73, which includes a number of changes to the Investment Law regimes through regulations that have come into effect from January 1, 2017. Applicable benefits under the new regime include:</div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:56.3pt;line-height:1.25">Introduction of a benefit regime for “Preferred Technology Enterprises” (“PTE”), granting a 12% tax rate in central Israel on income deriving from Benefited Intangible Assets, subject to a number of conditions being fulfilled, including a minimal amount or ratio of annual R&D expenditure and R&D employees, as well as having at least 25% of annual income derived from exports to large markets. PTE is defined as an enterprise which meets the aforementioned conditions and for which total consolidated revenues of its parent company and all subsidiaries are less than NIS 10 billion.</div> <div style="line-height:1.25"> </div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:39.3pt"> </td> <td style="width:17.4pt;vertical-align:top;align:right">•</td> <td style="width:auto;vertical-align:top;text-align:justify"> <div>A 12% capital gains tax rate on the sale of a preferred intangible asset to a foreign affiliated enterprise, provided that the asset was initially purchased from a foreign resident at an amount of NIS 200 million or more.</div> </td> </tr> </table> <div style="line-height:1.25"> <div/> </div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:39.3pt"> </td> <td style="width:17.4pt;vertical-align:top;align:right">•</td> <td style="width:auto;vertical-align:top"> <div>A withholding tax rate of 20% for dividends paid from PTE income (with an exemption from such withholding tax applying to dividends paid to an Israeli company) may be reduced to 4% on dividends paid to a foreign resident company, subject to certain conditions regarding percentage of foreign ownership of the distributing entity.</div> </td> </tr> </table> <div style="line-height:1.25"> </div> <div style="margin-left:21.3pt;line-height:1.25">The Company currently believes it is eligible for tax benefits under the PTE tax regime.</div> <div style="line-height:1.25"> </div> <div style="margin-left:21.3pt;line-height:1.25">The Company’s subsidiaries are separately taxed under the local tax laws of the jurisdiction of incorporation of each entity.</div> <div style="line-height:1.25"> </div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:21.25pt;vertical-align:top;align:right">b.</td> <td style="width:auto;vertical-align:top"> <div>Loss before income taxes is comprised as follows:</div> </td> </tr> </table> <div> <div style="margin-left:27pt"> <table border="0" cellpadding="0" cellspacing="0" style="width:90%;color:#000000;font-family:'Times New Roman', Times, serif;font-size:10pt;text-align:left"> <tr> <td style="vertical-align:top;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="10" style="vertical-align:bottom;border-bottom:#000000 solid 2px" valign="bottom"> <div style="line-height:1.25"> <div style="text-align:center;line-height:1.25;font-weight:bold">Year ended December 31</div> </div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:top;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:2px solid rgb(0, 0, 0);text-align:center">2022</td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap;text-align:center"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;text-align:center"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:2px solid rgb(0, 0, 0);text-align:center">2021</td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap;text-align:center"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;text-align:center"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:2px solid rgb(0, 0, 0);text-align:center">2020</td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:12.6pt">Israel</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">102,013</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">68,924</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">38,941</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;padding-bottom:2px" valign="bottom"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:12.6pt">Foreign</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom">2,506</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom">8,875</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom">4,376</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25"> <div style="line-height:1.25">$</div> </div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">104,519</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25"> <div style="line-height:1.25">$</div> </div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">77,799</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25"> <div style="line-height:1.25">$</div> </div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">43,317</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> </table> </div> </div> <div> </div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:21.25pt;vertical-align:top;align:right">c.</td> <td style="width:auto;vertical-align:top"> <div>Income taxes are comprised as follows:</div> </td> </tr> </table> <div> <div style="margin-left:27pt"> <table border="0" cellpadding="0" cellspacing="0" style="width:90%;color:#000000;font-family:'Times New Roman', Times, serif;font-size:10pt;text-align:left"> <tr> <td style="vertical-align:top;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="10" style="vertical-align:bottom;border-bottom:#000000 solid 2px" valign="bottom"> <div style="line-height:1.25"> <div style="text-align:center;line-height:1.25;font-weight:bold">Year ended December 31</div> </div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:top;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:2px solid rgb(0, 0, 0);text-align:center">2022</td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap;text-align:center"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;text-align:center"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:2px solid rgb(0, 0, 0);text-align:center">2021</td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap;text-align:center"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;text-align:center"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:2px solid rgb(0, 0, 0);text-align:center">2020</td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:12.6pt">Current:</div> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="2" style="vertical-align:top;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%" valign="bottom"> <div style="text-indent:15.75pt;margin-left:12.6pt;line-height:1.25">Israel</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">(93)</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">103</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">153</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="text-indent:15.75pt;margin-left:12.6pt;line-height:1.25">Foreign</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">1,389</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">697</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">1,011</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;padding-bottom:2px" valign="bottom"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:12.6pt">Total current taxes</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom">1,296</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom">800</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom">1,164</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:12.6pt">Deferred:</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%" valign="bottom"> <div style="text-indent:15.75pt;margin-left:12.6pt;line-height:1.25">Israel</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">-</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">-</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">-</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="text-indent:15.75pt;margin-left:12.6pt;line-height:1.25">Foreign</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">2,535</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">1,694</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">544</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;padding-bottom:2px" valign="bottom"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:12.6pt">Total deferred taxes</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom">2,535</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom">1,694</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom">544</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:12.6pt">Total income taxes</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25"> <div style="line-height:1.25">$</div> </div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">3,831</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25"> <div style="line-height:1.25">$</div> </div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">2,494</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25"> <div style="line-height:1.25">$</div> </div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">1,708</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> </table> </div> </div> <div style="line-height:1.25"> </div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:21.25pt;vertical-align:top;align:right">d.</td> <td style="width:auto;vertical-align:top"> <div>A reconciliation of the Company's theoretical income tax benefit to actual income tax expense is as follows:</div> </td> </tr> </table> <div> <div> <div style="margin-left:27pt"> <table border="0" cellpadding="0" cellspacing="0" style="width:90%;color:#000000;font-family:'Times New Roman', Times, serif;font-size:10pt;text-align:left"> <tr> <td style="vertical-align:top;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="10" style="vertical-align:bottom;border-bottom:#000000 solid 2px" valign="bottom"> <div style="line-height:1.25"> <div style="text-align:center;line-height:1.25;font-weight:bold">Year ended December 31</div> </div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:top;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:2px solid rgb(0, 0, 0);text-align:center">2022</td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap;text-align:center"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;text-align:center"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:2px solid rgb(0, 0, 0);text-align:center">2021</td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap;text-align:center"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;text-align:center"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:2px solid rgb(0, 0, 0);text-align:center">2020</td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:8.8pt">Loss before income taxes</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">104,519</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">77,799</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">43,317</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;padding-bottom:2px" valign="bottom"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:8.8pt">Statutory tax rate</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom">23</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap" valign="bottom"> <div style="line-height:1.25">%</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom">23</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap" valign="bottom"> <div style="line-height:1.25">%</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom">23</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap" valign="bottom"> <div style="line-height:1.25">%</div> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:8.8pt">Theoretical income tax benefit</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">(24,039</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> <div style="line-height:1.25">)</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">(17,894</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> <div style="line-height:1.25">)</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">(9,963</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> <div style="line-height:1.25">)</div> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%" valign="bottom"> <div style="margin-left:24.9pt;line-height:1.25">Preferred technology enterprise</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">11,221</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">7,582</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">4,284</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="margin-left:24.9pt;line-height:1.25">Foreign rate differential</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">(300</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> <div style="line-height:1.25">)</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">(597</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom">)</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">213</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%" valign="bottom"> <div style="margin-left:24.9pt;line-height:1.25">Unrecognized tax benefits</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">1,348</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">3,159</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">1,272</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="margin-left:24.9pt;line-height:1.25">Changes in valuation allowance</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">11,421</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">7,498</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">3,827</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%" valign="bottom"> <div style="margin-left:24.9pt;line-height:1.25">Share-based compensation</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">3,745</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">2,519</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">1,327</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="margin-left:24.9pt;line-height:1.25">Non-deductible expenses</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">513</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">234</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">790</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;padding-bottom:2px" valign="bottom"> <div style="margin-left:24.9pt;line-height:1.25">Other</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom"> </td> <td colspan="1" style="vertical-align:baseline;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0)">(78</td> <td colspan="1" style="vertical-align:baseline;width:1%;padding-bottom:2px;white-space:nowrap"> <div style="line-height:1.25"> <div style="line-height:1.25">)</div> </div> </td> <td colspan="1" style="vertical-align:baseline;width:1%;padding-bottom:2px"> </td> <td colspan="1" style="vertical-align:baseline;width:1%;border-bottom:2px solid rgb(0, 0, 0)"> </td> <td colspan="1" style="vertical-align:baseline;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0)">(7</td> <td colspan="1" style="vertical-align:baseline;width:1%;padding-bottom:2px;white-space:nowrap"> <div style="line-height:1.25"> <div style="line-height:1.25">)</div> </div> </td> <td colspan="1" style="vertical-align:baseline;width:1%;padding-bottom:2px"> </td> <td colspan="1" style="vertical-align:baseline;width:1%;border-bottom:2px solid rgb(0, 0, 0)"> </td> <td colspan="1" style="vertical-align:baseline;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0)">(42</td> <td colspan="1" style="vertical-align:baseline;width:1%;padding-bottom:2px;white-space:nowrap"> <div style="line-height:1.25"> <div style="line-height:1.25">)</div> </div> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:8.8pt">Actual tax expense</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25"> <div style="line-height:1.25">$</div> </div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">3,831</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25"> <div style="line-height:1.25">$</div> </div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">2,494</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25"> <div style="line-height:1.25">$</div> </div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">1,708</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> </table> </div> </div> </div> <div/> <div style="line-height:1.25"> </div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:21.25pt;vertical-align:top;align:right">e.</td> <td style="width:auto;vertical-align:top"> <div>The following table presents the significant components of the Company's deferred taxes:</div> </td> </tr> </table> <div style="line-height:1.25"> </div> <div style="margin-left:27pt"> <div> <table border="0" cellpadding="0" cellspacing="0" style="width:90%;color:#000000;font-family:'Times New Roman', Times, serif;font-size:10pt;text-align:left"> <tr> <td style="vertical-align:top;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="6" style="vertical-align:top;border-bottom:#000000 solid 2px" valign="bottom"> <div style="line-height:1.25"> <div style="text-align:center;line-height:1.25;font-weight:bold">December 31,</div> </div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:top;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:2px solid rgb(0, 0, 0);text-align:center">2022</td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap;text-align:center"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;text-align:center"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:2px solid rgb(0, 0, 0);text-align:center">2021</td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr style="background-color:rgb(204, 238, 255)"> <td style="vertical-align:top;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">Deferred tax assets:</div> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap;background-color:rgb(204, 238, 255)" valign="bottom"> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="vertical-align:top;width:76%;background-color:rgb(255, 255, 255)" valign="bottom"> <div style="text-indent:1.6pt;margin-left:12.6pt;line-height:1.25">Net operating loss carryforwards</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(255, 255, 255)" valign="bottom">43,437</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(255, 255, 255)" valign="bottom">36,373</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap;background-color:rgb(255, 255, 255)" valign="bottom"> </td> </tr> <tr style="background-color:rgb(204, 238, 255)"> <td style="vertical-align:top;width:76%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="text-indent:1.6pt;margin-left:12.6pt;line-height:1.25">Research and development expenses</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">5,398</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">4,304</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap;background-color:rgb(204, 238, 255)" valign="bottom"> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="vertical-align:top;width:76%;background-color:rgb(255, 255, 255)" valign="bottom"> <div style="text-indent:1.6pt;margin-left:12.6pt;line-height:1.25">Accruals and reserves</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(255, 255, 255)" valign="bottom">2,088</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(255, 255, 255)" valign="bottom">2,541</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap;background-color:rgb(255, 255, 255)" valign="bottom"> </td> </tr> <tr style="background-color:rgb(204, 238, 255)"> <td style="vertical-align:top;width:76%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="margin-left:12.6pt;line-height:1.25">Issuance costs</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">914</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">1,827</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap;background-color:rgb(204, 238, 255)" valign="bottom"> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="vertical-align:top;width:76%;background-color:rgb(255, 255, 255)" valign="bottom"> <div style="margin-left:12.6pt;line-height:1.25">Share-based compensation</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(255, 255, 255)" valign="bottom">4,318</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(255, 255, 255)" valign="bottom">1,576</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap;background-color:rgb(255, 255, 255)" valign="bottom"> </td> </tr> <tr style="background-color:rgb(204, 238, 255)"> <td style="vertical-align:top;width:76%;background-color:rgb(204, 238, 255)" valign="bottom"> Operating lease liability </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">2,115</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">-</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap;background-color:rgb(204, 238, 255)" valign="bottom"> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="vertical-align:top;width:76%;padding-bottom:2px;background-color:rgb(255, 255, 255)" valign="bottom"> <div style="text-indent:1.6pt;margin-left:12.6pt;line-height:1.25">Other deferred assets</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(255, 255, 255)" valign="bottom">805</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(255, 255, 255)" valign="bottom">636</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap;background-color:rgb(255, 255, 255)" valign="bottom"> </td> </tr> <tr style="background-color:rgb(204, 238, 255)"> <td style="vertical-align:top;width:76%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="text-indent:3.45pt;margin-left:24.9pt;line-height:1.25">Gross deferred tax assets</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">59,075</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">47,257</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap;background-color:rgb(204, 238, 255)" valign="bottom"> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="vertical-align:bottom;width:76%;padding-bottom:2px;background-color:rgb(255, 255, 255)" valign="bottom"> <div style="line-height:1.25">Valuation allowance</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(255, 255, 255)" valign="bottom">(51,164</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:1px;white-space:nowrap;background-color:rgb(255, 255, 255);padding-top:1px" valign="bottom"> <div style="line-height:1.25">)</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(255, 255, 255)" valign="bottom">(40,019</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap;background-color:rgb(255, 255, 255)" valign="bottom"> <div style="line-height:1.25">)</div> </td> </tr> <tr style="background-color:rgb(204, 238, 255)"> <td style="vertical-align:top;width:76%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">Total deferred tax assets</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">7,911</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">7,238</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap;background-color:rgb(204, 238, 255)" valign="bottom"> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="vertical-align:top;width:76%;background-color:rgb(255, 255, 255)" valign="bottom"> <div style="line-height:1.25">Deferred tax liabilities:</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap;background-color:rgb(255, 255, 255)" valign="bottom"> </td> </tr> <tr style="background-color:rgb(204, 238, 255)"> <td style="vertical-align:top;width:76%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="margin-left:12.6pt;line-height:1.25">Deferred contract costs</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">(13,313</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">)</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">(11,687</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">)</div> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="vertical-align:top;width:76%;background-color:rgb(255, 255, 255)" valign="bottom"> Operating lease ROU asset </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(255, 255, 255)" valign="bottom"> (1,667 </td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap;background-color:rgb(255, 255, 255)" valign="bottom">)</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(255, 255, 255)" valign="bottom">-</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap;background-color:rgb(255, 255, 255)" valign="bottom"> </td> </tr> <tr style="background-color:rgb(204, 238, 255)"> <td style="vertical-align:bottom;width:76%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="margin-left:12.6pt;line-height:1.25">Other deferred tax liabilities</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">(261</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25"> <div style="line-height:1.25">)</div> </div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">(346</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">)</div> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="vertical-align:bottom;width:76%;padding-bottom:2px;background-color:rgb(255, 255, 255)" valign="bottom"> <div style="text-indent:3.45pt;margin-left:24.9pt;line-height:1.25">Gross deferred tax liabilities</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(255, 255, 255)" valign="bottom">(15,241</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:1px;white-space:nowrap;background-color:rgb(255, 255, 255);padding-top:2px" valign="bottom"> <div style="line-height:1.25"> <div style="line-height:1.25">)</div> </div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(255, 255, 255)" valign="bottom">(12,033</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:1px;white-space:nowrap;background-color:rgb(255, 255, 255)" valign="bottom"> <div style="line-height:1.25"> <div style="line-height:1.25">)</div> </div> </td> </tr> <tr style="background-color:rgb(204, 238, 255)"> <td style="vertical-align:bottom;width:76%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">Net deferred taxes</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25"> <div style="line-height:1.25">$</div> </div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">(7,330</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;white-space:nowrap;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25"> <div style="line-height:1.25">)</div> </div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25"> <div style="line-height:1.25">$</div> </div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">(4,795</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;white-space:nowrap;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25"> <div style="line-height:1.25">)</div> </div> </td> </tr> </table> </div> </div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">A valuation allowance is provided when it is more likely than not that the deferred tax assets will not be realized. The Company has established a valuation allowance to offset certain deferred tax assets at December 31, 2022 and 2021 due to the uncertainty of realizing future tax benefits from its net operating loss carryforwards and other deferred tax assets.</div> <div style="line-height:1.25"> </div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:21.25pt;vertical-align:top;align:right">f.</td> <td style="width:auto;vertical-align:top"> <div>Net operating losses carry forward:</div> </td> </tr> </table> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">As of December 31, 2022, the Company had approximately $320,934 in net operating loss carryforwards in Israel that can be carried forward indefinitely.</div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">As of December 31, 2022, the U.S. subsidiary had $14,478 of federal and $60,833 of state net operating loss carryforwards available to offset future taxable income. If not utilized, the state net operating loss carryforwards will expire in varying amounts between the years ended 2032 and 2042. Federal operating loss carryforwards can be carried forward indefinitely.</div> <div style="line-height:1.25"> </div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:21.25pt;vertical-align:top;align:right">g.</td> <td style="width:auto;vertical-align:top"> <div>Tax assessments</div> </td> </tr> </table> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">The Company has net operating losses from prior tax periods which may be subjected to examination in future periods. As of December 31, 2022, the Company’s tax years until December 31, 2017 are subject to statute of limitation in Israel.</div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">As of that date, the U.S. subsidiary’s tax years until December 31, 2018 are subject to statute of limitation in the U.S.</div> <div style="line-height:1.25"> </div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:21.25pt;vertical-align:top;align:right">h.</td> <td style="width:auto;vertical-align:top"> <div>Unrecognized tax benefits</div> </td> </tr> </table> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">Consistent with the provisions of ASC 740, Income Taxes, the Company recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. Recognized income tax positions are measured at the largest amount that is greater than 50% likely of being realized. Changes in recognition or measurement are reflected in the period in which the change in judgment occurs.</div> <div/> <div style="margin-left:21.3pt;text-align:justify;line-height:1.25">The following table shows the changes in the gross amount of unrecognized tax benefits as of December 31, 2022, 2021 and 2020:</div> <div style="margin-left:21.3pt;text-align:justify;line-height:1.25"> </div> <div> <div style="margin-left:27pt"> <table border="0" cellpadding="0" cellspacing="0" style="width:90%"> <tr> <td style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom"> <div style="text-align:center;line-height:1.25;font-family:'Times New Roman',Times,serif;font-weight:bold">Unrecognized</div> <div style="line-height:1.25"> <div style="text-align:center;line-height:1.25;font-family:'Times New Roman',Times,serif;font-weight:bold;text-indent:1pt">Tax Benefits</div> </div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr style="background-color:rgb(204, 238, 255)"> <td style="vertical-align:bottom;background-color:rgb(204, 238, 255);width:88%" valign="bottom"> <div style="line-height:1.25;font-family:'Times New Roman',Times,serif;text-indent:-21.25pt;margin-left:30.2pt">Balance - December 31, 2019</div> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(204, 238, 255);width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(204, 238, 255);width:1%" valign="bottom"> <div style="line-height:1.25"> </div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;background-color:rgb(204, 238, 255);width:9%" valign="bottom"> <div style="line-height:1.25">437</div> </td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap;background-color:rgb(204, 238, 255);width:1%" valign="bottom"> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="vertical-align:bottom;padding-bottom:2px;background-color:rgb(255, 255, 255);width:88%" valign="bottom"> Increases related to prior years’ tax positions </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;background-color:rgb(255, 255, 255);width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(255, 255, 255);width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;background-color:rgb(255, 255, 255);width:9%" valign="bottom">209</td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap;background-color:rgb(255, 255, 255);width:1%" valign="bottom"> </td> </tr> <tr style="background-color:rgb(204, 238, 255)"> <td style="vertical-align:bottom;padding-bottom:2px;background-color:rgb(204, 238, 255);width:88%" valign="bottom"> <div style="text-indent:0pt;margin-left:30.2pt;line-height:1.25">Increases related to current years’ tax positions</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;background-color:rgb(204, 238, 255);width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255);width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255);width:9%" valign="bottom"> <div style="line-height:1.25">1,063</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap;background-color:rgb(204, 238, 255);width:1%" valign="bottom"> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="vertical-align:bottom;background-color:rgb(255, 255, 255);width:88%" valign="bottom"> <div style="line-height:1.25;font-family:'Times New Roman',Times,serif;text-indent:-21.25pt;margin-left:30.2pt">Balance - December 31, 2020</div> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(255, 255, 255);width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(255, 255, 255);width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;background-color:rgb(255, 255, 255);width:9%" valign="bottom">1,709</td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap;background-color:rgb(255, 255, 255);width:1%" valign="bottom"> </td> </tr> <tr style="background-color:rgb(204, 238, 255)"> <td style="vertical-align:bottom;background-color:rgb(204, 238, 255);width:88%" valign="bottom"> <div style="text-indent:0pt;margin-left:30.2pt;line-height:1.25">Increases related to prior years’ tax positions</div> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(204, 238, 255);width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(204, 238, 255);width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;background-color:rgb(204, 238, 255);width:9%" valign="bottom"> <div style="line-height:1.25">175</div> </td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap;background-color:rgb(204, 238, 255);width:1%" valign="bottom"> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="vertical-align:bottom;padding-bottom:2px;background-color:rgb(255, 255, 255);width:88%" valign="bottom"> <div style="text-indent:0pt;margin-left:30.2pt;line-height:1.25">Increases related to current years’ tax positions</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;background-color:rgb(255, 255, 255);width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(255, 255, 255);width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(255, 255, 255);width:9%" valign="bottom"> <div style="line-height:1.25">2,984</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap;background-color:rgb(255, 255, 255);width:1%" valign="bottom"> </td> </tr> <tr style="background-color:rgb(204, 238, 255)"> <td style="vertical-align:bottom;background-color:rgb(204, 238, 255);width:88%" valign="bottom"> <div style="line-height:1.25;font-family:'Times New Roman',Times,serif;text-indent:-21.25pt;margin-left:30.2pt">Balance - December 31, 2021</div> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(204, 238, 255);width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(204, 238, 255);width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;background-color:rgb(204, 238, 255);width:9%" valign="bottom">4,868</td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap;background-color:rgb(204, 238, 255);width:1%" valign="bottom"> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="vertical-align:baseline;background-color:rgb(255, 255, 255);width:88%"> <div style="text-indent:0pt;margin-left:30.2pt;line-height:1.25">Decrease related to prior years’ tax positions</div> </td> <td colspan="1" style="vertical-align:baseline;background-color:rgb(255, 255, 255);width:1%"> </td> <td colspan="1" style="vertical-align:baseline;background-color:rgb(255, 255, 255);width:1%"> </td> <td colspan="1" style="vertical-align:baseline;text-align:right;background-color:rgb(255, 255, 255);width:9%"> <div style="line-height:1.25">(287</div> </td> <td colspan="1" style="vertical-align:baseline;white-space:nowrap;background-color:rgb(255, 255, 255);width:1%"> ) </td> </tr> <tr style="background-color:rgb(204, 238, 255)"> <td style="vertical-align:bottom;padding-bottom:2px;background-color:rgb(204, 238, 255);width:88%" valign="bottom"> <div style="text-indent:0pt;margin-left:30.2pt;line-height:1.25">Increases related to current years’ tax positions</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;background-color:rgb(204, 238, 255);width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255);width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255);width:9%" valign="bottom"> <div style="line-height:1.25">1,635</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap;background-color:rgb(204, 238, 255);width:1%" valign="bottom"> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="vertical-align:bottom;padding-bottom:4px;background-color:rgb(255, 255, 255);width:88%" valign="bottom"> <div style="line-height:1.25;font-family:'Times New Roman',Times,serif;text-indent:-21.25pt;margin-left:30.2pt">Balance - December 31, 2022</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:4px;background-color:rgb(255, 255, 255);width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(255, 255, 255);width:1%" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(255, 255, 255);width:9%" valign="bottom"> <div style="line-height:1.25">6,216</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:4px;white-space:nowrap;background-color:rgb(255, 255, 255);width:1%" valign="bottom"> </td> </tr> </table> </div> </div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">As of December 31, 2022, the total amount of gross unrecognized tax benefits that would favorably impact the Company’s effective tax rate, if recognized, was $2,708. The remaining amount of $3,508 would be offset by the reversal of related deferred tax assets which are subject to a full valuation allowance.</div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.25pt;line-height:1.25">The Company recognizes interest and penalties related to unrecognized tax benefits as income tax expense. As of December 31, 2022, the Company has accumulated $251 in both interest and penalties related to uncertain tax positions.</div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">Although the Company believes that it has adequately provided for any reasonably foreseeable outcomes related to tax audits and settlement, there is no assurance that the final tax outcome of its tax audits will not be different from that which is reflected in the Company’s income tax provisions.</div> </div>

0.23

0.12

0.25 10000000000 0.12 200000000 0.20

102013000

68924000

38941000

2506000

8875000

4376000

-104519000

-77799000

-43317000

<div> <div style="margin-left:27pt"> <table border="0" cellpadding="0" cellspacing="0" style="width:90%;color:#000000;font-family:'Times New Roman', Times, serif;font-size:10pt;text-align:left"> <tr> <td style="vertical-align:top;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="10" style="vertical-align:bottom;border-bottom:#000000 solid 2px" valign="bottom"> <div style="line-height:1.25"> <div style="text-align:center;line-height:1.25;font-weight:bold">Year ended December 31</div> </div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:top;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:2px solid rgb(0, 0, 0);text-align:center">2022</td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap;text-align:center"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;text-align:center"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:2px solid rgb(0, 0, 0);text-align:center">2021</td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap;text-align:center"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;text-align:center"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:2px solid rgb(0, 0, 0);text-align:center">2020</td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:12.6pt">Current:</div> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="2" style="vertical-align:top;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%" valign="bottom"> <div style="text-indent:15.75pt;margin-left:12.6pt;line-height:1.25">Israel</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">(93)</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">103</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">153</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="text-indent:15.75pt;margin-left:12.6pt;line-height:1.25">Foreign</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">1,389</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">697</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">1,011</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;padding-bottom:2px" valign="bottom"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:12.6pt">Total current taxes</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom">1,296</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom">800</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom">1,164</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:12.6pt">Deferred:</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%" valign="bottom"> <div style="text-indent:15.75pt;margin-left:12.6pt;line-height:1.25">Israel</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">-</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">-</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">-</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="text-indent:15.75pt;margin-left:12.6pt;line-height:1.25">Foreign</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">2,535</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">1,694</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">544</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;padding-bottom:2px" valign="bottom"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:12.6pt">Total deferred taxes</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom">2,535</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom">1,694</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom">544</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:12.6pt">Total income taxes</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25"> <div style="line-height:1.25">$</div> </div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">3,831</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25"> <div style="line-height:1.25">$</div> </div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">2,494</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25"> <div style="line-height:1.25">$</div> </div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">1,708</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> </table> </div> </div>

-93000

103000

153000

1389000

697000

1011000

1296000

800000

1164000

2535000

1694000

544000

2535000

1694000

544000

3831000

2494000

1708000

<div> <div style="margin-left:27pt"> <table border="0" cellpadding="0" cellspacing="0" style="width:90%;color:#000000;font-family:'Times New Roman', Times, serif;font-size:10pt;text-align:left"> <tr> <td style="vertical-align:top;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="10" style="vertical-align:bottom;border-bottom:#000000 solid 2px" valign="bottom"> <div style="line-height:1.25"> <div style="text-align:center;line-height:1.25;font-weight:bold">Year ended December 31</div> </div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:top;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:2px solid rgb(0, 0, 0);text-align:center">2022</td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap;text-align:center"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;text-align:center"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:2px solid rgb(0, 0, 0);text-align:center">2021</td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap;text-align:center"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;text-align:center"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:2px solid rgb(0, 0, 0);text-align:center">2020</td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:8.8pt">Loss before income taxes</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">104,519</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">77,799</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">43,317</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;padding-bottom:2px" valign="bottom"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:8.8pt">Statutory tax rate</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom">23</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap" valign="bottom"> <div style="line-height:1.25">%</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom">23</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap" valign="bottom"> <div style="line-height:1.25">%</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom">23</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap" valign="bottom"> <div style="line-height:1.25">%</div> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:8.8pt">Theoretical income tax benefit</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">(24,039</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> <div style="line-height:1.25">)</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">(17,894</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> <div style="line-height:1.25">)</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">(9,963</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> <div style="line-height:1.25">)</div> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%" valign="bottom"> <div style="margin-left:24.9pt;line-height:1.25">Preferred technology enterprise</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">11,221</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">7,582</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">4,284</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="margin-left:24.9pt;line-height:1.25">Foreign rate differential</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">(300</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> <div style="line-height:1.25">)</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">(597</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom">)</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">213</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%" valign="bottom"> <div style="margin-left:24.9pt;line-height:1.25">Unrecognized tax benefits</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">1,348</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">3,159</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">1,272</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="margin-left:24.9pt;line-height:1.25">Changes in valuation allowance</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">11,421</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">7,498</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">3,827</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%" valign="bottom"> <div style="margin-left:24.9pt;line-height:1.25">Share-based compensation</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">3,745</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">2,519</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">1,327</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="margin-left:24.9pt;line-height:1.25">Non-deductible expenses</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">513</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">234</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">790</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;padding-bottom:2px" valign="bottom"> <div style="margin-left:24.9pt;line-height:1.25">Other</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom"> </td> <td colspan="1" style="vertical-align:baseline;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0)">(78</td> <td colspan="1" style="vertical-align:baseline;width:1%;padding-bottom:2px;white-space:nowrap"> <div style="line-height:1.25"> <div style="line-height:1.25">)</div> </div> </td> <td colspan="1" style="vertical-align:baseline;width:1%;padding-bottom:2px"> </td> <td colspan="1" style="vertical-align:baseline;width:1%;border-bottom:2px solid rgb(0, 0, 0)"> </td> <td colspan="1" style="vertical-align:baseline;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0)">(7</td> <td colspan="1" style="vertical-align:baseline;width:1%;padding-bottom:2px;white-space:nowrap"> <div style="line-height:1.25"> <div style="line-height:1.25">)</div> </div> </td> <td colspan="1" style="vertical-align:baseline;width:1%;padding-bottom:2px"> </td> <td colspan="1" style="vertical-align:baseline;width:1%;border-bottom:2px solid rgb(0, 0, 0)"> </td> <td colspan="1" style="vertical-align:baseline;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0)">(42</td> <td colspan="1" style="vertical-align:baseline;width:1%;padding-bottom:2px;white-space:nowrap"> <div style="line-height:1.25"> <div style="line-height:1.25">)</div> </div> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25;font-family:Times New Roman, Times, serif;margin-left:8.8pt">Actual tax expense</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25"> <div style="line-height:1.25">$</div> </div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">3,831</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25"> <div style="line-height:1.25">$</div> </div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">2,494</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25"> <div style="line-height:1.25">$</div> </div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">1,708</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> </table> </div> </div>

-104519000

-77799000

-43317000

0.23

24039000

17894000

9963000

11221000 7582000 4284000

-300000

-597000

213000

1348000 3159000 1272000

11421000

7498000

3827000

3745000

2519000

1327000

513000

234000

790000

78000

7000

42000

3831000

2494000

1708000

<div> <table border="0" cellpadding="0" cellspacing="0" style="width:90%;color:#000000;font-family:'Times New Roman', Times, serif;font-size:10pt;text-align:left"> <tr> <td style="vertical-align:top;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="6" style="vertical-align:top;border-bottom:#000000 solid 2px" valign="bottom"> <div style="line-height:1.25"> <div style="text-align:center;line-height:1.25;font-weight:bold">December 31,</div> </div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:top;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:2px solid rgb(0, 0, 0);text-align:center">2022</td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap;text-align:center"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;text-align:center"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:2px solid rgb(0, 0, 0);text-align:center">2021</td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr style="background-color:rgb(204, 238, 255)"> <td style="vertical-align:top;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">Deferred tax assets:</div> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap;background-color:rgb(204, 238, 255)" valign="bottom"> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="vertical-align:top;width:76%;background-color:rgb(255, 255, 255)" valign="bottom"> <div style="text-indent:1.6pt;margin-left:12.6pt;line-height:1.25">Net operating loss carryforwards</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(255, 255, 255)" valign="bottom">43,437</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(255, 255, 255)" valign="bottom">36,373</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap;background-color:rgb(255, 255, 255)" valign="bottom"> </td> </tr> <tr style="background-color:rgb(204, 238, 255)"> <td style="vertical-align:top;width:76%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="text-indent:1.6pt;margin-left:12.6pt;line-height:1.25">Research and development expenses</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">5,398</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">4,304</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap;background-color:rgb(204, 238, 255)" valign="bottom"> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="vertical-align:top;width:76%;background-color:rgb(255, 255, 255)" valign="bottom"> <div style="text-indent:1.6pt;margin-left:12.6pt;line-height:1.25">Accruals and reserves</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(255, 255, 255)" valign="bottom">2,088</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(255, 255, 255)" valign="bottom">2,541</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap;background-color:rgb(255, 255, 255)" valign="bottom"> </td> </tr> <tr style="background-color:rgb(204, 238, 255)"> <td style="vertical-align:top;width:76%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="margin-left:12.6pt;line-height:1.25">Issuance costs</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">914</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">1,827</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap;background-color:rgb(204, 238, 255)" valign="bottom"> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="vertical-align:top;width:76%;background-color:rgb(255, 255, 255)" valign="bottom"> <div style="margin-left:12.6pt;line-height:1.25">Share-based compensation</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(255, 255, 255)" valign="bottom">4,318</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(255, 255, 255)" valign="bottom">1,576</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap;background-color:rgb(255, 255, 255)" valign="bottom"> </td> </tr> <tr style="background-color:rgb(204, 238, 255)"> <td style="vertical-align:top;width:76%;background-color:rgb(204, 238, 255)" valign="bottom"> Operating lease liability </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">2,115</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">-</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap;background-color:rgb(204, 238, 255)" valign="bottom"> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="vertical-align:top;width:76%;padding-bottom:2px;background-color:rgb(255, 255, 255)" valign="bottom"> <div style="text-indent:1.6pt;margin-left:12.6pt;line-height:1.25">Other deferred assets</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(255, 255, 255)" valign="bottom">805</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(255, 255, 255)" valign="bottom">636</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap;background-color:rgb(255, 255, 255)" valign="bottom"> </td> </tr> <tr style="background-color:rgb(204, 238, 255)"> <td style="vertical-align:top;width:76%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="text-indent:3.45pt;margin-left:24.9pt;line-height:1.25">Gross deferred tax assets</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">59,075</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">47,257</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap;background-color:rgb(204, 238, 255)" valign="bottom"> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="vertical-align:bottom;width:76%;padding-bottom:2px;background-color:rgb(255, 255, 255)" valign="bottom"> <div style="line-height:1.25">Valuation allowance</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(255, 255, 255)" valign="bottom">(51,164</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:1px;white-space:nowrap;background-color:rgb(255, 255, 255);padding-top:1px" valign="bottom"> <div style="line-height:1.25">)</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(255, 255, 255)" valign="bottom">(40,019</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap;background-color:rgb(255, 255, 255)" valign="bottom"> <div style="line-height:1.25">)</div> </td> </tr> <tr style="background-color:rgb(204, 238, 255)"> <td style="vertical-align:top;width:76%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">Total deferred tax assets</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">7,911</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">7,238</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap;background-color:rgb(204, 238, 255)" valign="bottom"> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="vertical-align:top;width:76%;background-color:rgb(255, 255, 255)" valign="bottom"> <div style="line-height:1.25">Deferred tax liabilities:</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap;background-color:rgb(255, 255, 255)" valign="bottom"> </td> </tr> <tr style="background-color:rgb(204, 238, 255)"> <td style="vertical-align:top;width:76%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="margin-left:12.6pt;line-height:1.25">Deferred contract costs</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">(13,313</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">)</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">(11,687</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">)</div> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="vertical-align:top;width:76%;background-color:rgb(255, 255, 255)" valign="bottom"> Operating lease ROU asset </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(255, 255, 255)" valign="bottom"> (1,667 </td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap;background-color:rgb(255, 255, 255)" valign="bottom">)</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(255, 255, 255)" valign="bottom">-</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap;background-color:rgb(255, 255, 255)" valign="bottom"> </td> </tr> <tr style="background-color:rgb(204, 238, 255)"> <td style="vertical-align:bottom;width:76%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="margin-left:12.6pt;line-height:1.25">Other deferred tax liabilities</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">(261</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25"> <div style="line-height:1.25">)</div> </div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">(346</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">)</div> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="vertical-align:bottom;width:76%;padding-bottom:2px;background-color:rgb(255, 255, 255)" valign="bottom"> <div style="text-indent:3.45pt;margin-left:24.9pt;line-height:1.25">Gross deferred tax liabilities</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(255, 255, 255)" valign="bottom">(15,241</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:1px;white-space:nowrap;background-color:rgb(255, 255, 255);padding-top:2px" valign="bottom"> <div style="line-height:1.25"> <div style="line-height:1.25">)</div> </div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(255, 255, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(255, 255, 255)" valign="bottom">(12,033</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:1px;white-space:nowrap;background-color:rgb(255, 255, 255)" valign="bottom"> <div style="line-height:1.25"> <div style="line-height:1.25">)</div> </div> </td> </tr> <tr style="background-color:rgb(204, 238, 255)"> <td style="vertical-align:bottom;width:76%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">Net deferred taxes</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25"> <div style="line-height:1.25">$</div> </div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">(7,330</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;white-space:nowrap;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25"> <div style="line-height:1.25">)</div> </div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25"> <div style="line-height:1.25">$</div> </div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">(4,795</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;white-space:nowrap;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25"> <div style="line-height:1.25">)</div> </div> </td> </tr> </table> </div>

43437000

36373000

5398000

4304000

2088000

2541000

914000 1827000

4318000

1576000

2115000 0

805000

636000

59075000

47257000

51164000

40019000

7911000

7238000

13313000 11687000

1667000

261000

346000

15241000

12033000

7330000

4795000

320934000

14478000

60833000

0.50

<div> <div style="margin-left:27pt"> <table border="0" cellpadding="0" cellspacing="0" style="width:90%"> <tr> <td style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:2px solid rgb(0, 0, 0)" valign="bottom"> <div style="text-align:center;line-height:1.25;font-family:'Times New Roman',Times,serif;font-weight:bold">Unrecognized</div> <div style="line-height:1.25"> <div style="text-align:center;line-height:1.25;font-family:'Times New Roman',Times,serif;font-weight:bold;text-indent:1pt">Tax Benefits</div> </div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr style="background-color:rgb(204, 238, 255)"> <td style="vertical-align:bottom;background-color:rgb(204, 238, 255);width:88%" valign="bottom"> <div style="line-height:1.25;font-family:'Times New Roman',Times,serif;text-indent:-21.25pt;margin-left:30.2pt">Balance - December 31, 2019</div> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(204, 238, 255);width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(204, 238, 255);width:1%" valign="bottom"> <div style="line-height:1.25"> </div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;background-color:rgb(204, 238, 255);width:9%" valign="bottom"> <div style="line-height:1.25">437</div> </td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap;background-color:rgb(204, 238, 255);width:1%" valign="bottom"> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="vertical-align:bottom;padding-bottom:2px;background-color:rgb(255, 255, 255);width:88%" valign="bottom"> Increases related to prior years’ tax positions </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;background-color:rgb(255, 255, 255);width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(255, 255, 255);width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;background-color:rgb(255, 255, 255);width:9%" valign="bottom">209</td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap;background-color:rgb(255, 255, 255);width:1%" valign="bottom"> </td> </tr> <tr style="background-color:rgb(204, 238, 255)"> <td style="vertical-align:bottom;padding-bottom:2px;background-color:rgb(204, 238, 255);width:88%" valign="bottom"> <div style="text-indent:0pt;margin-left:30.2pt;line-height:1.25">Increases related to current years’ tax positions</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;background-color:rgb(204, 238, 255);width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255);width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255);width:9%" valign="bottom"> <div style="line-height:1.25">1,063</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap;background-color:rgb(204, 238, 255);width:1%" valign="bottom"> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="vertical-align:bottom;background-color:rgb(255, 255, 255);width:88%" valign="bottom"> <div style="line-height:1.25;font-family:'Times New Roman',Times,serif;text-indent:-21.25pt;margin-left:30.2pt">Balance - December 31, 2020</div> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(255, 255, 255);width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(255, 255, 255);width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;background-color:rgb(255, 255, 255);width:9%" valign="bottom">1,709</td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap;background-color:rgb(255, 255, 255);width:1%" valign="bottom"> </td> </tr> <tr style="background-color:rgb(204, 238, 255)"> <td style="vertical-align:bottom;background-color:rgb(204, 238, 255);width:88%" valign="bottom"> <div style="text-indent:0pt;margin-left:30.2pt;line-height:1.25">Increases related to prior years’ tax positions</div> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(204, 238, 255);width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(204, 238, 255);width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;background-color:rgb(204, 238, 255);width:9%" valign="bottom"> <div style="line-height:1.25">175</div> </td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap;background-color:rgb(204, 238, 255);width:1%" valign="bottom"> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="vertical-align:bottom;padding-bottom:2px;background-color:rgb(255, 255, 255);width:88%" valign="bottom"> <div style="text-indent:0pt;margin-left:30.2pt;line-height:1.25">Increases related to current years’ tax positions</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;background-color:rgb(255, 255, 255);width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(255, 255, 255);width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(255, 255, 255);width:9%" valign="bottom"> <div style="line-height:1.25">2,984</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap;background-color:rgb(255, 255, 255);width:1%" valign="bottom"> </td> </tr> <tr style="background-color:rgb(204, 238, 255)"> <td style="vertical-align:bottom;background-color:rgb(204, 238, 255);width:88%" valign="bottom"> <div style="line-height:1.25;font-family:'Times New Roman',Times,serif;text-indent:-21.25pt;margin-left:30.2pt">Balance - December 31, 2021</div> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(204, 238, 255);width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(204, 238, 255);width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;background-color:rgb(204, 238, 255);width:9%" valign="bottom">4,868</td> <td colspan="1" style="vertical-align:bottom;white-space:nowrap;background-color:rgb(204, 238, 255);width:1%" valign="bottom"> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="vertical-align:baseline;background-color:rgb(255, 255, 255);width:88%"> <div style="text-indent:0pt;margin-left:30.2pt;line-height:1.25">Decrease related to prior years’ tax positions</div> </td> <td colspan="1" style="vertical-align:baseline;background-color:rgb(255, 255, 255);width:1%"> </td> <td colspan="1" style="vertical-align:baseline;background-color:rgb(255, 255, 255);width:1%"> </td> <td colspan="1" style="vertical-align:baseline;text-align:right;background-color:rgb(255, 255, 255);width:9%"> <div style="line-height:1.25">(287</div> </td> <td colspan="1" style="vertical-align:baseline;white-space:nowrap;background-color:rgb(255, 255, 255);width:1%"> ) </td> </tr> <tr style="background-color:rgb(204, 238, 255)"> <td style="vertical-align:bottom;padding-bottom:2px;background-color:rgb(204, 238, 255);width:88%" valign="bottom"> <div style="text-indent:0pt;margin-left:30.2pt;line-height:1.25">Increases related to current years’ tax positions</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;background-color:rgb(204, 238, 255);width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255);width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255);width:9%" valign="bottom"> <div style="line-height:1.25">1,635</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap;background-color:rgb(204, 238, 255);width:1%" valign="bottom"> </td> </tr> <tr style="background-color:rgb(255, 255, 255)"> <td style="vertical-align:bottom;padding-bottom:4px;background-color:rgb(255, 255, 255);width:88%" valign="bottom"> <div style="line-height:1.25;font-family:'Times New Roman',Times,serif;text-indent:-21.25pt;margin-left:30.2pt">Balance - December 31, 2022</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:4px;background-color:rgb(255, 255, 255);width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(255, 255, 255);width:1%" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(255, 255, 255);width:9%" valign="bottom"> <div style="line-height:1.25">6,216</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:4px;white-space:nowrap;background-color:rgb(255, 255, 255);width:1%" valign="bottom"> </td> </tr> </table> </div> </div>

437000

209000

1063000

1709000

175000

2984000

4868000

287000

1635000

6216000

2708000

3508000

251000

<div> <div style="line-height:1.25;font-weight:bold">NOTE 12: REPORTING SEGMENTS AND GEOGRAPHIC INFORMATION</div> <div style="line-height:1.25"> </div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:21.25pt;vertical-align:top;align:right">a.</td> <td style="width:auto;vertical-align:top"> <div>Operating segments</div> </td> </tr> </table> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25"> </div> <div style="text-align:justify;margin-left:21.3pt;line-height:1.25">The Company operates as one operating segment. Operating segments are defined as components of an enterprise for which separate financial information is available and evaluated regularly by the chief operating decision maker, which is the Company’s chief executive officer, in deciding how to make operating decisions, allocate resources and assess performance. The Company’s chief operating decision maker allocates resources and assesses performance at the consolidated level.</div> <div style="line-height:1.25"> </div> <table cellpadding="0" cellspacing="0" style="font-family:'Times New Roman', Times, serif;font-size:10pt;width:100%;text-align:left;color:#000000"> <tr> <td style="width:21.25pt;vertical-align:top;align:right">b.</td> <td style="width:auto;vertical-align:top"> <div>Geographical information</div> </td> </tr> </table> <div style="margin-left:21.3pt;line-height:1.25"> </div> <div style="margin-left:21.3pt;line-height:1.25">The following table summarizes revenue by region based on the shipping address of customers:</div> <div> <div style="line-height:1.25"> </div> <div style="margin-left:27pt"> <table border="0" cellpadding="0" cellspacing="0" style="width:90%;color:#000000;font-family:'Times New Roman', Times, serif;font-size:10pt;text-align:left"> <tr> <td style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="10" style="vertical-align:bottom;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">Year ended December 31,</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:2px solid rgb(0, 0, 0)"> <div style="text-align:center;line-height:1.25;font-weight:bold">2022</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:2px solid rgb(0, 0, 0)"> <div style="text-align:center;line-height:1.25;font-weight:bold">2021</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:2px solid rgb(0, 0, 0)"> <div style="text-align:center;line-height:1.25;font-weight:bold">2020</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">United States</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">172,733</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">135,291</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">105,321</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%" valign="bottom"> <div style="line-height:1.25">Rest of world</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">71,510</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">56,914</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">42,138</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">Israel</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">763</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">1,098</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">847</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double black" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double black" valign="bottom"> <div style="line-height:1.25">245,006</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double black" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double black" valign="bottom">193,303</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double black" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double black" valign="bottom">148,306</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> </table> </div> </div> <div style="line-height:1.25"> </div> <div style="margin-left:21.3pt;line-height:1.25">Other than the United States, no other individual country accounted for 10% or more of total revenue for the years ended December 31, 2022, 2021 and 2020.</div> <div style="line-height:1.25"> <div/> </div> <div style="margin-left:21.3pt;line-height:1.25">The following table summarizes long-lived assets, net by region:</div> <div style="line-height:1.25"> </div> <div style="margin-left:27pt"> <div> <table border="0" cellpadding="0" cellspacing="0" style="width:90%;color:#000000;font-family:'Times New Roman', Times, serif;font-size:10pt;text-align:left"> <tr> <td style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="6" style="vertical-align:bottom;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">Year ended December 31,</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:top;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">2022</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:top;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">2021</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:76%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">Israel</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">11,537</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">8,829</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:76%" valign="bottom"> <div style="line-height:1.25">United States</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">6,800</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">1,778</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:76%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">Rest of world</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">1,934</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">278</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:76%;padding-bottom:4px" valign="bottom"> <div style="line-height:1.25">Total long-lived assets, net</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0)" valign="bottom">20,271</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0)" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0)" valign="bottom">10,885</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;white-space:nowrap" valign="bottom"> </td> </tr> </table> </div> </div> </div>

<div> <div style="line-height:1.25"> </div> <div style="margin-left:27pt"> <table border="0" cellpadding="0" cellspacing="0" style="width:90%;color:#000000;font-family:'Times New Roman', Times, serif;font-size:10pt;text-align:left"> <tr> <td style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="10" style="vertical-align:bottom;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">Year ended December 31,</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:2px solid rgb(0, 0, 0)"> <div style="text-align:center;line-height:1.25;font-weight:bold">2022</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:2px solid rgb(0, 0, 0)"> <div style="text-align:center;line-height:1.25;font-weight:bold">2021</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px"> </td> <td colspan="2" style="vertical-align:bottom;border-bottom:2px solid rgb(0, 0, 0)"> <div style="text-align:center;line-height:1.25;font-weight:bold">2020</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">United States</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">172,733</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">135,291</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">105,321</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%" valign="bottom"> <div style="line-height:1.25">Rest of world</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">71,510</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">56,914</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">42,138</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">Israel</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">763</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">1,098</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">847</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double black" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double black" valign="bottom"> <div style="line-height:1.25">245,006</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double black" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double black" valign="bottom">193,303</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double black" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double black" valign="bottom">148,306</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> </table> </div> </div>

172733000

135291000

105321000

71510000

56914000

42138000

763000

1098000

847000

245006000

193303000

148306000

Other than the United States, no other individual country accounted for 10% or more of total revenue

11537000 8829000 6800000 1778000 1934000 278000 20271000 10885000

<div> <div style="line-height:1.25;font-weight:bold">NOTE 13: NET LOSS PER SHARE ATTRIBUTABLE TO ORDINARY SHAREHOLDERS</div> <div style="line-height:1.25"> </div> <div style="line-height:1.25">The following table sets forth the computation of basic and diluted net loss per share attributable to ordinary shareholders for the periods presented:</div> <div style="line-height:1.25"> </div> <div style="margin-left:27pt"> <div> <table border="0" cellpadding="0" cellspacing="0" style="width:90%;color:#000000;font-family:'Times New Roman', Times, serif;font-size:10pt;text-align:left"> <tr> <td style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="10" style="vertical-align:bottom;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">Year ended December 31,</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:top;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">2022</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:top;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">2021</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:top;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">2020</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25;font-weight:bold">Numerator:</div> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="2" style="vertical-align:top;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="2" style="vertical-align:top;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="2" style="vertical-align:top;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%" valign="bottom"> <div style="line-height:1.25">Net loss</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">(108,350</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> <div style="line-height:1.25">)</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">(80,293</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> <div style="line-height:1.25">)</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">(45,025</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> <div style="line-height:1.25">)</div> </td> </tr> <tr> <td style="vertical-align:top;width:64%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25;margin-left:11.35pt">Net loss attributable to non-controlling interest</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">(743</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> <div style="line-height:1.25">)</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">(1,169</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> <div style="line-height:1.25">)</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">(1,311</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> <div style="line-height:1.25">)</div> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%" valign="bottom"> <div style="text-indent:11.35pt;line-height:1.25">Adjustment attributable to non-controlling interest</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">(14,979</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom">)</td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">16,689</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">5,487</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="text-indent:11.35pt;line-height:1.25">Deemed dividend to ordinary shareholders</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">-</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">-</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">4,569</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%" valign="bottom"> <div style="line-height:1.25">Net loss attributable to WalkMe Ltd.</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">(92,628</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> <div style="line-height:1.25">)</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">(95,813</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> <div style="line-height:1.25">)</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">(53,770</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> <div style="line-height:1.25">)</div> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25;font-weight:bold">Denominator:</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%" valign="bottom"> <div style="line-height:1.25">Weighted-average shares used in computing net loss per share</div> <div style="line-height:1.25">attributable to ordinary shareholders, basic and diluted</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">85,116,424</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">51,763,032</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">13,217,183</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;padding-bottom:4px;background-color:rgb(204, 238, 255)"> <div style="line-height:1.25">Net loss per share attributable to ordinary shareholders, basic and diluted</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)">(1.09</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap"> <div style="line-height:1.25">)</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)">(1.85</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap"> <div style="line-height:1.25">)</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)">(4.07</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap"> <div style="line-height:1.25">)</div> </td> </tr> </table> </div> </div> <div style="line-height:1.25"> </div> <div style="line-height:1.25">The potential shares of ordinary shares that were excluded from the computation of diluted net loss per share attributable to ordinary shareholders for the periods presented because including them would have been anti-dilutive are as follows:</div> <div style="line-height:1.25"> </div> <div style="margin-left:27pt"> <div> <table border="0" cellpadding="0" cellspacing="0" style="width:90%;color:#000000;font-family:'Times New Roman', Times, serif;font-size:10pt;text-align:left"> <tr> <td style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="10" style="vertical-align:bottom;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">Year ended December 31,</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:top;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">2022</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:top;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">2021</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:top;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">2020</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25">Convertible preferred shares</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">-</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">26,972,186</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">58,724,580</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%" valign="bottom"> <div style="line-height:1.25">RSU’s</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">5,759,365</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">732,157</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">-</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> Outstanding share options and share purchase rights under ESPP </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">13,676,853</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">14,143,816</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">10,428,813</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;padding-bottom:4px" valign="bottom"> <div style="line-height:1.25">Total</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0)" valign="bottom">19,436,218</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0)" valign="bottom">41,848,159</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0)" valign="bottom">69,153,393</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;white-space:nowrap" valign="bottom"> </td> </tr> </table> </div> </div> </div>

<div> <table border="0" cellpadding="0" cellspacing="0" style="width:90%;color:#000000;font-family:'Times New Roman', Times, serif;font-size:10pt;text-align:left"> <tr> <td style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="10" style="vertical-align:bottom;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">Year ended December 31,</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:top;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">2022</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:top;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">2021</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px" valign="bottom"> </td> <td colspan="2" style="vertical-align:top;border-bottom:#000000 solid 2px" valign="bottom"> <div style="text-align:center;line-height:1.25;font-weight:bold">2020</div> </td> <td colspan="1" style="vertical-align:bottom;padding-bottom:2px;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25;font-weight:bold">Numerator:</div> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="2" style="vertical-align:top;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="2" style="vertical-align:top;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="2" style="vertical-align:top;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%" valign="bottom"> <div style="line-height:1.25">Net loss</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">(108,350</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> <div style="line-height:1.25">)</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">(80,293</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> <div style="line-height:1.25">)</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">(45,025</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> <div style="line-height:1.25">)</div> </td> </tr> <tr> <td style="vertical-align:top;width:64%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25;margin-left:11.35pt">Net loss attributable to non-controlling interest</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">(743</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> <div style="line-height:1.25">)</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">(1,169</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> <div style="line-height:1.25">)</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom">(1,311</td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> <div style="line-height:1.25">)</div> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%" valign="bottom"> <div style="text-indent:11.35pt;line-height:1.25">Adjustment attributable to non-controlling interest</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">(14,979</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom">)</td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">16,689</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">5,487</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="text-indent:11.35pt;line-height:1.25">Deemed dividend to ordinary shareholders</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">-</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">-</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:2px solid rgb(0, 0, 0);background-color:rgb(204, 238, 255)" valign="bottom">4,569</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:2px;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%" valign="bottom"> <div style="line-height:1.25">Net loss attributable to WalkMe Ltd.</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">(92,628</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> <div style="line-height:1.25">)</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">(95,813</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> <div style="line-height:1.25">)</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">(53,770</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> <div style="line-height:1.25">)</div> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;background-color:rgb(204, 238, 255)" valign="bottom"> <div style="line-height:1.25;font-weight:bold">Denominator:</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;background-color:rgb(204, 238, 255)" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;background-color:rgb(204, 238, 255);white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%" valign="bottom"> <div style="line-height:1.25">Weighted-average shares used in computing net loss per share</div> <div style="line-height:1.25">attributable to ordinary shareholders, basic and diluted</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">85,116,424</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">51,763,032</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;width:1%" valign="bottom"> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%" valign="bottom">13,217,183</td> <td colspan="1" style="vertical-align:bottom;width:1%;white-space:nowrap" valign="bottom"> </td> </tr> <tr> <td style="vertical-align:bottom;width:64%;padding-bottom:4px;background-color:rgb(204, 238, 255)"> <div style="line-height:1.25">Net loss per share attributable to ordinary shareholders, basic and diluted</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)">(1.09</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap"> <div style="line-height:1.25">)</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)">(1.85</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap"> <div style="line-height:1.25">)</div> </td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255)"> </td> <td colspan="1" style="vertical-align:bottom;width:1%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)"> <div style="line-height:1.25">$</div> </td> <td colspan="1" style="vertical-align:bottom;text-align:right;width:9%;border-bottom:4px double rgb(0, 0, 0);background-color:rgb(204, 238, 255)">(4.07</td> <td colspan="1" style="vertical-align:bottom;width:1%;padding-bottom:4px;background-color:rgb(204, 238, 255);white-space:nowrap"> <div style="line-height:1.25">)</div> </td> </tr> </table> </div>

-108350000

-80293000

-45025000

-743000

-1169000

-1311000

-14979000 16689000 5487000 0 0 4569000

-92628000

-95813000

-53770000

85116424

51763032

13217183

-1.09

-1.85

-4.07

26972186

58724580

5759365

732157

13676853

14143816

10428813

19436218

41848159

69153393

<div> <div style="line-height:1.25;font-family:'Times New Roman', Times, serif;font-weight:bold">NOTE 14: SUBSEQUENT EVENT</div> <div style="line-height:1.25"> </div> <div style="text-align:justify;line-height:1.25;font-family:'Times New Roman', Times, serif">On March 10, 2023, the Federal Deposit Insurance Corporation (the “FDIC”) took control of Silicon Valley Bank (“SVB”) and created the National Bank of Santa Clara to hold the deposits after SVB was unable to continue its operations. On March 12, 2023, a joint statement by the U.S. Department of the Treasury, Federal Reserve Bank and FDIC was released stating that depositors will have access to all of their money starting Monday, March 13, 2023 and no losses associated with the resolution of SVB will be borne by the taxpayer. As of March 14, 2023, the Company holds approximately $15,700 with SVB and had a $50,000 unutilized revolving credit facility. At this time the Company is evaluating future accessibility to the revolving credit facility. Refer to Note 7 “Commitments and Contingent Liabilities“.</div> </div>

15700000

50000000