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

Consolidated Statements of Operations and Comprehensive Loss

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Consolidated Statements of Operations and Comprehensive Loss - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Revenues      
Total net sales $ 551,102,000 $ 572,458,000 $ 627,598,000
Cost of revenues      
Total cost of sales 323,816,000 315,642,000 360,574,000
Gross profit 227,286,000 256,816,000 267,024,000
Operating expenses      
Research and development, net 77,304,000 99,142,000 94,425,000
Selling, general and administrative 222,471,000 243,335,000 260,179,000
Total operating expenses 299,775,000 342,477,000 354,604,000
Operating loss (72,489,000) (85,661,000) (87,580,000)
Financial income (expenses), net 10,386,000 1,676,000 2,993,000
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest, Total (62,103,000) (83,985,000) (84,587,000)
Income tax benefit (expenses) 3,082,000 2,973,000 5,782,000
Share in net profits (losses) of associated companies 39,100,000 33,325,000 32,705,000
Net loss $ (104,285,000) $ (120,283,000) $ (123,074,000)
Earnings Per Share, Basic $ (1.28) $ (1.70) $ (1.79)
Weighted average shares outstanding - basic and diluted (in Shares) 81,602,000 70,858,000 68,666,000
Comprehensive Loss      
Net loss $ (104,285,000) $ (120,283,000) $ (123,074,000)
Other comprehensive income (loss), net of tax:      
Foreign currency translation adjustments 7,365,000 (4,069,000) 3,650,000
Unrealized gains (losses) on derivatives designated as cash flow hedge (5,531,000) 3,117,000 2,089,000
Other comprehensive income (loss) 1,834,000 (952,000) 5,739,000
Comprehensive loss (102,451,000) (121,235,000) (117,335,000)
Products      
Revenues      
Total net sales 380,269,000 391,917,000 433,741,000
Cost of revenues      
Total cost of sales 206,475,000 197,807,000 226,510,000
Services      
Revenues      
Total net sales 170,833,000 180,541,000 193,857,000
Cost of revenues      
Total cost of sales $ 117,341,000 $ 117,835,000 $ 134,064,000