Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 Amendments

Consolidated Statements of Operations and Comprehensive Loss (Unaudited)

v3.22.1
Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues    
Revenues $ 163,429 $ 134,189
Cost of revenues    
Cost of revenues 93,752 78,612
Gross profit 69,677 55,577
Operating expenses    
Research and development, net 23,998 20,601
Selling, general and administrative 65,263 53,334
Total operating expenses 89,261 73,935
Operating loss (19,584) (18,358)
Financial expenses, net (1,362) (377)
Loss before income taxes (20,946) (18,735)
Income tax benefit 73 942
Share in losses of associated companies (75) (1,118)
Net loss $ (20,948) $ (18,911)
Net loss per share - basic and diluted (in Dollars per share) $ (0.32) $ (0.32)
Weighted average ordinary shares outstanding. - basic and diluted (in Shares) 65,721 58,616
Comprehensive loss    
Net loss $ (20,948) $ (18,911)
Other comprehensive income (loss), net of tax:    
Foreign currency translation adjustments (702) (961)
Unrealized gains on derivatives designated as cash flow hedges (351) 2,173
Other comprehensive income (loss), net of tax (1,053) 1,212
Comprehensive loss (22,001) (17,699)
Products    
Revenues    
Revenues 113,073 90,324
Cost of revenues    
Cost of revenues 59,373 46,920
Services    
Revenues    
Revenues 50,356 43,865
Cost of revenues    
Cost of revenues $ 34,379 $ 31,692