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

Fair Value Measurement (Tables)

v3.25.0.1
Fair Value Measurement (Tables)
12 Months Ended
Dec. 31, 2024
Fair Value Disclosures [Abstract]  
Schedule of financial assets and liabilities that are carried at fair value on a recurring basis
December 31, 2024
Level 1
Level 2 Level 3
(U.S. $ in thousands)
Assets:
Foreign exchange forward contracts not designated as hedging instruments
$ —  $ 71  $ — 
Foreign exchange forward contracts designated as hedging instruments
—  4,005  — 
Convertible notes —  —  10,486 
Marketable securities
596  —  — 
Liabilities:
Foreign exchange forward contracts not designated as hedging instruments
—  (21) — 
Foreign exchange forward contracts designated as hedging instruments
—  (3) — 
Contingent consideration1 —  —  (12,694)
$ 596  $ 4,052  $ (2,208)
 
December 31, 2023
Level 1
Level 2 Level 3
(U.S. $ in thousands)
Assets:
Foreign exchange forward contracts not designated as hedging instruments $ —  $ 164  $ — 
Foreign exchange forward contracts designated as hedging instruments —  2,087  — 
Convertible notes —  —  7,018 
Marketable securities 1,994  —  — 
Liabilities:
Foreign exchange forward contracts not designated as hedging instruments —  (51) — 
Foreign exchange forward contracts designated as hedging instruments —  (657) — 
Contingent consideration¹ —  —  (18,603)
$ 1,994  $ 1,543  $ (11,585)
Schedule of fair value measurements are estimated utilizing Level 3 inputs
December 31,
2024 2023
(U.S. $ in thousands)
Fair value at the beginning of the period $ (11,585) $ (36,447)
Acquisitions of Contingent considerations —  (3,009)
Investments in Convertible notes
5,368  5,124 
Revaluation of Contingent considerations 4,897  21,408 
Revaluation of Convertible notes (1,900) — 
Settlements of Contingent considerations 1,012  1,339 
Fair value at the end of the period $ (2,208) $ (11,585)