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

Consolidated Statements of Operations and Comprehensive Loss (Unaudited)

v3.23.1
Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues    
Revenues $ 149,377 $ 163,429
Cost of revenues    
Cost of revenues 83,982 93,752
Gross profit 65,395 69,677
Operating expenses    
Research and development, net 21,475 23,998
Selling, general and administrative 60,717 65,263
Total operating expenses 82,192 89,261
Operating loss (16,797) (19,584)
Financial income (expenses), net 773 (1,362)
Loss before income taxes (16,024) (20,946)
Income tax benefit (expenses) (3,775) 73
Share in losses of associated companies (2,425) (75)
Net loss $ (22,224) $ (20,948)
Net loss per share - basic and diluted (in Dollars per share) $ (0.33) $ (0.32)
Weighted average ordinary shares outstanding - basic and diluted (in Shares) 67,583 65,721
Comprehensive loss    
Net loss $ (22,224) $ (20,948)
Other comprehensive income (loss), net of tax:    
Foreign currency translation adjustments (2,245) (702)
Unrealized gains (losses) on derivatives designated as cash flow hedges 1,255 (351)
Other comprehensive income (loss), net of tax (990) (1,053)
Comprehensive loss (23,214) (22,001)
Products    
Revenues    
Revenues 100,971 113,073
Cost of revenues    
Cost of revenues 51,113 59,373
Services    
Revenues    
Revenues 48,406 50,356
Cost of revenues    
Cost of revenues $ 32,869 $ 34,379