Annual and transition report of foreign private issuers [Sections 13 or 15(d)]

Taxes on Income - Schedule of Reconciliation Income Tax Benefit (Details)

v3.25.1
Taxes on Income - Schedule of Reconciliation Income Tax Benefit (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Schedule of Reconciliation Income Tax Benefit [Abstract]      
Loss before income taxes, as reported in the consolidated statements of operations $ 49,317 $ 43,500 $ 40,494
Statutory tax rate 23.00% 23.00% 23.00%
Income tax benefit at statutory tax rate $ (11,343) $ (10,005) $ (9,314)
Effect of Non-deductible expenses 3,573 3,063 475
Remeasurement of deferred taxes from currency exchange [1] 3,517
Change in valuation allowance 7,770 7,508 5,322
Other (566)
Reported income taxes benefit
[1] The Israeli Income Tax Regulations (rules regarding ledger management of foreign invested companies and certain partnerships and the determination of their taxable income), 1986 allow Foreign Invested Companies (i.e., foreign holding percentage of more than 25%) to report for tax purposes in US dollars. The Company implemented these regulations on January 1, 2023.