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Leases (Details) - USD ($) $ in Thousands	12 Months Ended
Leases (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Leases [Line Items]
Operating lease liabilities	$ 4,476	$ 5,742	$ 6,282
Leases, description	Some of these agreements include allowances, such as the Company’s option to extend the leases for additional terms of up to five years.
Weighted average remaining lease term	7 years 3 months 14 days	7 years 9 months 18 days
Weighted average discount rate	5.40%	3.40%
Impairment loss		$ 1,118
Minimum [Member]
Leases [Line Items]
Remaining lease terms	1 year
Maximum [Member]
Leases [Line Items]
Remaining lease terms	4 years

Cover	12 Months Ended
Cover	Dec. 31, 2024 shares
Document Information [Line Items]
Document Type	20-F
Document Registration Statement	false
Document Annual Report	true
Document Transition Report	false
Document Financial Statement Error Correction [Flag]	false
Document Shell Company Report	false
Entity Interactive Data Current	Yes
Document Accounting Standard	U.S. GAAP
ICFR Auditor Attestation Flag	true
Amendment Flag	false
Document Period End Date	Dec. 31, 2024
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	FY
Entity Information [Line Items]
Entity Registrant Name	KORNIT DIGITAL LTD.
Entity Central Index Key	0001625791
Entity File Number	001-36903
Entity Incorporation, State or Country Code	L3
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Shell Company	false
Entity Filer Category	Large Accelerated Filer
Entity Emerging Growth Company	false
Entity Contact Personnel [Line Items]
Entity Address, Address Line One	12 Ha’Amal St.
Entity Address, City or Town	Rosh-Ha’Ayin
Entity Address, Country	IL
Entity Address, Postal Zip Code	4809246
Entity Listings [Line Items]
Title of 12(b) Security	Ordinary shares, par value NIS 0.01 per share
Trading Symbol	KRNT
Security Exchange Name	NASDAQ
Entity Common Stock, Shares Outstanding	46,051,461
Business Contact [Member]
Entity Contact Personnel [Line Items]
Contact Personnel Name	Lauri Hanover
Contact Personnel Fax Number	+972 3 908-0280
Entity Address, Address Line One	12 Ha’Amal St.
Entity Address, City or Town	Rosh-Ha’Ayin
Entity Address, Country	IL
Entity Address, Postal Zip Code	4809246
Entity Phone Fax Numbers [Line Items]
City Area Code	+972
Local Phone Number	3 908-5800

Fair Value Measurements

12 Months Ended

Dec. 31, 2024

Fair Value Measurements [Abstract]

FAIR VALUE MEASUREMENTS

NOTE 4:- FAIR VALUE MEASUREMENTS

The table below sets forth the Company’s assets and liabilities that were measured at fair value as of December 31, 2024 and 2023 by level within the fair value hierarchy.

	December 31, 2024
	Level 1		Level 2		Level 3		Total
Assets:

Cash and cash equivalents	$	35,003		-		-	$	35,003
Short-term bank deposits		205,934		-		-		205,934
Marketable securities		-		271,023		-		271,023

Total financial assets	$	240,937	$	271,023		-	$	511,960

	December 31, 2023
	Level 1		Level 2		Level 3		Total
Assets:

Cash and cash equivalents	$	39,605		-			$	39,605
Short-term bank deposits		235,600		-		-		235,600
Marketable securities		-		280,495		-		280,495
Foreign currency derivative contracts		-		595				595

Total financial assets	$	275,205	$	281,090		-	$	556,295

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References

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+ Details

Leases

12 Months Ended

Dec. 31, 2024

Leases [Abstract]

LEASES

NOTE 13:- LEASES

The Company’s leases include offices and warehouses for its facilities worldwide, as well as car leases, which are all classified as operating leases. Certain leases include renewal options that are subject to the Company’s sole discretion. The renewal options were included in the right of use (“ROU”) and liability calculation if it was reasonably certain that the Company will exercise the option.

The components of lease expenses for the years ended December 31, 2024, 2023 and 2021 were as follows:

	Year ended December 31,
	2024		2023		2022

Operating lease	$	4,028	$	5,566	$	6,126
Short-term lease		111		80		297

Total lease expense	$	4,139	$	5,646	$	6,423

Cash paid for amounts included in the measurement of operating lease liabilities was $4,476, $5,742 and $6,282 during the years ended December 31, 2024, 2023 and 2022, respectively.

The Company’s operating lease agreements have remaining lease terms ranging from one to four years. Some of these agreements include allowances, such as the Company’s option to extend the leases for additional terms of up to five years.

As of December 31, 2024 and 2023, the weighted average remaining lease term is approximately 7.29 and 7.8 years, respectively, and the weighted average discount rate is 5.4 and 3.4 percent, respectively. The discount rate was determined based on the estimated collateralized borrowing rate of the Company, adjusted to the specific lease term and location of each lease.

Maturities of operating lease liabilities as of December 31, 2024 were as follows:

2025	$	4,173
2026		3,594
2027		3,096
2028		2,645
2029		2,637
Thereafter		6,094

Total operating lease payments	$	22,239

Less - imputed interest		(3,863	)

Present value of future lease payments	$	18,376

For the year ended December 2023, an impairment loss of $1,118 was recorded as a result of the Company’s restructuring. (see Note 2ad).

Segment and Geographic Information (Tables)

12 Months Ended

Dec. 31, 2024

Segment and Geographic Information [Abstract]

Schedule of Disaggregated Revenue

Revenue disaggregated by revenue source consists of the following:

	Year Ended December 31,
	2024		2023		2022

Systems	$	33,190	$	48,998	$	119,073
Ink and consumables		114,896		112,047		103,429
Services		55,739		58,741		49,016

Total revenue	$	203,825	$	219,786	$	271,518

Schedule of Revenue by Geographic Region

The following table presents revenue disaggregated by geography based on customer location:

	Year Ended December 31,
	2024		2023		2022

U.S.	$	115,034	$	123,550	$	138,515
EMEA		50,089		60,706		93,243
Asia Pacific		21,509		22,006		24,396
Other		17,193		13,524		15,364

Total revenue	$	203,825	$	219,786	$	271,518

The following table presents long-lived assets including right of use assets by geographic region as of December 31, 2024 and 2023:

	December 31,
	2024		2023

U.S.	$	13,340	$	2,560
Israel		49,701		58,489
EMEA		14,937		13,279
Asia Pacific		298		359

	$	78,276	$	74,687

Schedule of Percentage of Revenues

The following table sets forth the customers that accounted for 10% or more of the Company’s total revenues in each of the years set forth below:

	Year Ended December 31,
	2024			2023			2022

Customer A		30	%		20	%		27	%

	December 31,
	2024			2023

Customer A		14	%		16	%
Customer B		15	%		13	%
Customer C		12	%		-

Earnings (Losses) Per Share

12 Months Ended

Dec. 31, 2024

Earnings (Losses) Per Share [Abstract]

EARNINGS (LOSSES) PER SHARE

NOTE 11:- EARNINGS (LOSSES) PER SHARE

The following table sets forth the computation of basic and diluted earnings (losses) per share:

	Year Ended December 31,
	2024			2023			2022
Numerator for basic and diluted earnings (losses) per share:

Net loss	$	(16,800	)	$	(64,351	)	$	(79,065	)

Weighted average ordinary shares outstanding:

Denominator for basic losses per share		47,482,820			49,160,266			49,791,659
Effect of dilutive securities:
Employee share options, RSUs, PSUs and Warrants		-			-			-

Denominator for diluted losses per share		47,482,820			49,160,266			49,791,659

Basic losses per share	$	(0.35	)	$	(1.31	)	$	(1.59	)

Diluted losses per share	$	(0.35	)	$	(1.31	)	$	(1.59	)

Leases (Tables)

12 Months Ended

Dec. 31, 2024

Leases [Abstract]

Schedule of Lease Expense

The components of lease expenses for the years ended December 31, 2024, 2023 and 2021 were as follows:

	Year ended December 31,
	2024		2023		2022

Operating lease	$	4,028	$	5,566	$	6,126
Short-term lease		111		80		297

Total lease expense	$	4,139	$	5,646	$	6,423

Schedule of Maturities of Operating Lease Liabilities

Maturities of operating lease liabilities as of December 31, 2024 were as follows:

2025	$	4,173
2026		3,594
2027		3,096
2028		2,645
2029		2,637
Thereafter		6,094

Total operating lease payments	$	22,239

Less - imputed interest		(3,863	)

Present value of future lease payments	$	18,376

Property, Plant and Equipment, Net (Tables)

12 Months Ended

Dec. 31, 2024

Property, Plant and Equipment, Net [Abstract]

Schedule of Property, Plant and Equipment

	December 31,
	2024			2023
Cost:

Computer and peripheral equipment	$	12,648		$	10,706
Office furniture and equipment		7,012			6,200
Equipment on lease		14,622			-
Machinery and equipment		37,651			37,614
Leasehold improvements		25,715			24,946
Building and land		20,128			20,091

		117,776			99,557

Accumulated depreciation		(58,554	)		(48,652	)

Property, plant and equipment, net	$	59,222		$	50,905

Shareholders' Equity (Tables)

12 Months Ended

Dec. 31, 2024

Shareholders’ Equity [Abstract]

Schedule of Share Option Activity

A summary of the Company’s share option activity and related information is as follows:

	Number of shares upon exercise			Weighted average exercise price		Weighted- average remaining contractual term (in years)		Aggregate intrinsic value

Outstanding at beginning of year		631,675		$	49.32		5.83	$	1,039
Granted		65,036			16.48		-		-
Exercised		(61,441	)		11.63		-		1,069
Forfeited		(41,349	)		21.24		-		-

Outstanding at end of year		593,921		$	46.95		5.55	$	4,516

Exercisable at end of year		421,971		$	47.37		4.37	$	3,206

Schedule of RSU’s Activity

A summary of the Company’s RSU activity is as follows:

	Number of RSUs

Unvested at beginning of year		1,674,902
Granted		1,412,810
Vested		(603,213	)
Forfeited		(325,776	)

Unvested at the end of the year		2,158,723

Schedule of Share Based Compensation Expense

The following table sets forth the total share-based compensation expense included in the consolidated statements of operations for the years ended December 31, 2024, 2023 and 2022:

	Year Ended December 31,
	2024		2023		2022

Cost of products	$	2,018	$	2,356	$	2,185
Cost of services		1,703		1,758		1,676
Research and development, net		5,310		5,759		5,312
Sales and marketing		6,228		6,689		7,361
General and administrative		6,497		6,027		6,115

Total share-based compensation expenses	$	21,756	$	22,589	$	22,649

Insider Trading Policies and Procedures	12 Months Ended
Insider Trading Policies and Procedures	Dec. 31, 2024
Insider Trading Policies and Procedures [Line Items]
Insider Trading Policies and Procedures Adopted	true

Accrued Expenses and Current Liabilities (Tables)

12 Months Ended

Dec. 31, 2024

Accrued Expenses and Current Liabilities [Abstract]

Schedule of Accrued Expenses and Current Liabilities

	December 31,
	2024		2023

Accrued expenses	$	10,789	$	18,311
Government authorities		3,477		3,014
Warranty provision		1,052		1,323
Provision for returns		1,243		1,166
	$	16,561	$	23,814

Significant Accounting Policies - Schedule of Expense (Income) from Derivatives Instruments (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Cost of revenues [Member]
Schedule of Expense (Income) from Derivatives Instruments [Abstract]
Expense (income) from derivatives instruments	$ (105)	$ 814	$ 674
Research and development [Member]
Schedule of Expense (Income) from Derivatives Instruments [Abstract]
Expense (income) from derivatives instruments	(240)	1,144	1,029
Sales and marketing [Member]
Schedule of Expense (Income) from Derivatives Instruments [Abstract]
Expense (income) from derivatives instruments	(63)	368	365
General and administrative [Member]
Schedule of Expense (Income) from Derivatives Instruments [Abstract]
Expense (income) from derivatives instruments	$ (96)	$ 548	$ 481

- Definition

The net change in the difference between the fair value and the carrying value, or in the comparative fair values, of derivative instruments, including options, swaps, futures, and forward contracts, held at each balance sheet date, that was included in earnings for the period.

+ References + Details

Inventories, Net (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Inventories, Net [Abstract]
Inventory delivered to customers	$ 1,100	$ 367

Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2024

Significant Accounting Policies [Abstract]

Schedule of Property and Equipment on Straight-Line Basis Over Useful Life of Assets

Depreciation is calculated on a straight-line basis over the useful life of the assets at annual rates as follows:

	%
Office furniture and equipment		7 - 20
Computer and peripheral equipment		33
Machinery and equipment		7 - 33
Equipment on lease (*)		14
Leasehold improvements		(**)
Building and land		(***)

(*)	Equipment on lease is stated at cost, net of accumulated depreciation. Depreciation is calculated using the straight-line method over the estimated useful life of the equipment on lease, which was determined to be 7 years.

(**)	Leasehold improvements are amortized on a straight-line basis over the shorter of the lease term (including the extension option held by the Company and intended to be exercised) and the expected life of the improvement.

(***)

Building and land consist of land and an ink manufacturing plant. In September 2018, the Company purchased the land which includes long-term leasehold rights, with a lease term of 49 years, which may be renewed for an additional 49 years. The manufacturing plant useful life is 25 years.

Schedule of Remaining Performance Obligations

The aggregate amount of transaction price allocated to the remaining performance obligations was $4,422 as of December 31, 2024, which are expected to be satisfied and recognized in future periods as represented in the following table:

	2025		2026		2027 and thereafter

Service contracts and software subscriptions	$	4,404	$	18	$	-

Schedule of Changes in Liability for Product Warranty

The following are the changes in the liability for product warranty from January 1, 2023 to December 31, 2024:

Balance at January 1, 2023	$	1,918

Additions and adjustments to cost of revenues		2,492
Reduction for payments and costs to satisfy claims		(3,087	)
Balance at December 31, 2023	$	1,323

Additions and adjustments to cost of revenues		1,761
Reduction for payments and costs to satisfy claims		(2,032	)

Balance at December 31, 2024	$	1,052

Schedule of Fair Value Method for Stock Options Awards

The Company selected the binomial option pricing model as the most appropriate fair value method for its stock options awards with the following assumptions for the years ended December 31, 2024, 2023 and 2022:

	Year ended December 31,
	2024	2023	2022

Suboptimal exercise multiple	2.8	2.8	2.8
Risk free interest rate	4.01%-3.82%	4.26%-4.30%	3.02%-4.09%
Volatility	58.29%-62.88%	57.75%-60.75%	58.67%-69.13%
Dividend yield	0%	0%	0%

Schedule of Notional Amounts of Outstanding Derivative Positions

The following table summarizes the notional amounts for hedged items:

	December 31,
	2024		2023

Designated cash flow hedges		-	$	38,465
Non-designated hedges		-		491
		-	$	38,956

Schedule of Expense (Income) from Derivatives Instruments

The following table sets forth the expense (income) from derivatives instruments included in the consolidated statements of operations and reclassified from other comprehensive income:

	Year ended December 31,
	2024			2023		2022

Cost of revenues	$	(105	)	$	814	$	674
Research and development		(240	)		1,144		1,029
Sales and marketing		(63	)		368		365
General and administrative		(96	)		548		481

Schedule of Restructuring Charges

A summary of the restructuring charges for the year ended December 31, 2024 and 2023 by major activity type is as follows:

	December 31, 2024
	Employee termination costs		Write-off		Others		Total

Cost of product revenues	$	894	$	789	$	-	$	1,683
Cost of service revenues		298		-		-		298
Research and development		235		-		-		235
Sales and marketing		190		-		-		190
General and administrative		437		-		-		437
	$	2,054	$	789	$	-	$	2,843

	December 31, 2023
	Employee termination costs		Write-off		Others		Total

Cost of product revenues	$	147	$	5,510	$	-	$	5,657
Cost of service revenues		433		5,499		-		5,932
Research and development		283		598		-		881
Sales and marketing		719		-		2,211		2,930
General and administrative		597		3,378		-		3,975

	$	2,179	$	14,985	$	2,211	$	19,375

Financial Income, Net

12 Months Ended

Dec. 31, 2024

Financial Income, Net [Abstract]

FINANCIAL INCOME, NET

NOTE 16:- FINANCIAL INCOME, NET

Financial income, net:

	Year Ended December 31,
	2024			2023			2021
Financial income:

Interest on bank deposits and other interest income	$	15,924		$	20,246		$	6,586
Exchange rate differences, net		-			-			2,426
Realized gain on sale of marketable securities, net		164			-			-
Interest on marketable securities		7,537			7,343			6,465
Amortization of premium and accretion of discount on marketable securities, net		389			-			-

		24,014			27,589			15,477
Financial expenses:

Bank charges		(247	)		(236	)		(265	)
Exchange rate differences, net		(1,417	)		(2,315	)		-
Realized loss on sale of marketable securities, net		-			(134	)		(10	)
Amortization of premium and accretion of discount on marketable securities, net		-			(754	)		(1,820	)

		(1,664	)		(3,656	)		(2,095	)

Total financial income, net:	$	22,350		$	24,150		$	13,382

Shareholders' Equity - Schedule of Share Option Activity (Details) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2024 USD ($) $ / shares shares
Schedule of Share Option Activity [Abstract]
Number of shares upon exercise, Outstanding, Beginning balance \| shares	631,675
Weighted average exercise price Outstanding, Beginning balance \| $ / shares	$ 49.32
Weighted- average remaining contractual term (in years), Outstanding, Beginning balance	5 years 9 months 29 days
Aggregate intrinsic value Outstanding, Beginning balance \| $	$ 1,039
Number of shares upon exercise, Granted \| shares	65,036
Weighted average exercise price, Granted \| $ / shares	$ 16.48
Number of shares upon exercise, Exercised \| shares	(61,441)
Weighted average exercise price, Exercised \| $ / shares	$ 11.63
Aggregate intrinsic value, Exercised \| $	$ 1,069
Number of shares upon exercise, Forfeited \| shares	(41,349)
Weighted average exercise price, Forfeited \| $ / shares	$ 21.24
Number of shares upon exercise, Outstanding, Ending balance \| shares	593,921
Weighted average exercise price, Outstanding, Ending balance \| $ / shares	$ 46.95
Weighted- average remaining contractual term (in years), Outstanding, Ending balance	5 years 6 months 18 days
Aggregate intrinsic value, Outstanding, Ending balance \| $	$ 4,516
Number of shares upon exercise, Exercisable \| shares	421,971
Weighted average exercise price, Exercisable \| $ / shares	$ 47.37
Weighted- average remaining contractual term (in years), Exercisable	4 years 4 months 13 days
Aggregate intrinsic value, Exercisable \| $	$ 3,206

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Current Assets
Cash and cash equivalents	$ 35,003	$ 39,605
Short-term bank deposits	205,934	235,600
Marketable securities	222,937	57,292
Trade receivables, net of allowances of $9,243 and $5,227, respectively	65,459	93,632
Inventories, net	60,342	67,712
Prepaid expenses and other current assets	25,714	28,546
Total current Assets	615,389	522,387
Non-current Assets
Marketable securities	48,086	223,203
Property, plant and equipment, net	59,222	50,905
Operating lease right-of-use assets	19,054	23,782
Intangible assets, net	5,721	7,647
Goodwill	29,164	29,164
Deposits and other long-term assets	10,542	8,209
Severance pay fund	306	283
Total non-current Assets	172,095	343,193
Total Assets	787,484	865,580
Current Liabilities
Trade payables	9,019	6,936
Employee and payroll accruals	13,101	12,121
Deferred revenues and customers’ advances	2,339	2,158
Operating lease liabilities	3,311	5,073
Accrued expenses and other current liabilities	16,561	23,814
Total current Liabilities	44,331	50,102
Non-current liabilities
Accrued severance pay	1,051	1,080
Operating lease liabilities	15,065	18,533
Other non-current liabilities	138	198
Total non-current Liabilities	16,254	19,811
Total Liabilities	60,585	69,913
Commitments and contingent liabilities (see note 9)
SHAREHOLDERS’ EQUITY
Ordinary shares of NIS 0.01 par value - Authorized: 200,000,000 shares at December 31, 2024 and 2023; Issued: 51,036,338 and 50,371,684 shares at December 31, 2024 and 2023, respectively; Outstanding: 46,051,461 and 47,719,633 shares at December 31, 2024 and 2023, respectively.	134	134
Additional paid-in capital	966,058	958,447
Treasury shares at cost, 4,984,877 and 2,652,051 ordinary shares at December 31, 2024 and 2023, respectively.	(121,691)	(55,770)
Accumulated other comprehensive loss	(868)	(7,210)
Accumulated deficit	(116,734)	(99,934)
Total Shareholders’ Equity	726,899	795,667
Total Liabilities and Shareholders’ Equity	$ 787,484	$ 865,580

Property, Plant and Equipment, Net

12 Months Ended

Dec. 31, 2024

Property, Plant and Equipment, Net [Abstract]

PROPERTY, PLANT AND EQUIPMENT, NET

NOTE 6:- PROPERTY, PLANT AND EQUIPMENT, NET

	December 31,
	2024			2023
Cost:

Computer and peripheral equipment	$	12,648		$	10,706
Office furniture and equipment		7,012			6,200
Equipment on lease		14,622			-
Machinery and equipment		37,651			37,614
Leasehold improvements		25,715			24,946
Building and land		20,128			20,091

		117,776			99,557

Accumulated depreciation		(58,554	)		(48,652	)

Property, plant and equipment, net	$	59,222		$	50,905

Property, Plant and Equipment, net depreciation expenses for the years ended December 31, 2024, 2023 and 2022 were $11,121, $14,852, and $10,583, respectively.

For the year ended December 31, 2023, depreciation expenses of $2,395 were recorded as a result of the Company’s restructuring (see Note 2(ad)).

Leases - Schedule of Lease Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Schedule of lease expense [Abstract]
Operating lease	$ 4,028	$ 5,566	$ 6,126
Short-term lease	111	80	297
Total lease expense	$ 4,139	$ 5,646	$ 6,423

Balances and Transactions with Related Parties

12 Months Ended

Dec. 31, 2024

Balances and Transactions with Related Parties [Abstract]

BALANCES AND TRANSACTIONS WITH RELATED PARTIES

NOTE 17:- BALANCES AND TRANSACTIONS WITH RELATED PARTIES

The Company’s policy is to enter into transactions with related parties on terms that, on the whole, are no less favorable than those available from unaffiliated third parties. Based on the Company’s experience in the business sectors in which it operates and the terms of its transactions with unaffiliated third parties, the Company believes that all of the transactions met this policy at the time they occurred.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480990/946-20-50-2

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480990/946-20-50-5

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480990/946-20-50-6

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 235
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477968/946-235-50-2

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 235
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477968/946-235-50-2

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483326/850-10-50-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6-07(2)(g)(3))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479134/946-220-S99-1

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6-07(2)(c))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479134/946-220-S99-1

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6-07(2)(e))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479134/946-220-S99-1

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/850/tableOfContent

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483326/850-10-50-6

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483326/850-10-50-1

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483326/850-10-50-1

+ Details

Significant Accounting Policies - Schedule of Changes in Liability for Product Warranty (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Schedule of changes in liability for product warranty [Abstract]
Balance at beginning	$ 1,323	$ 1,918
Additions and adjustments to cost of revenues	1,761	2,492
Reduction for payments and costs to satisfy claims	(2,032)	(3,087)
Balance at ending	$ 1,052	$ 1,323

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Statement of Comprehensive Income [Abstract]
Net loss	$ (16,800)	$ (64,351)	$ (79,065)
Available-for-sale securities:
Unrealized gains (losses) on available for sales securities	7,100	8,686	(16,912)
Losses (gains) reclassified into net loss	(164)	134	10
Net change	6,936	8,820	(16,902)
Cash flow hedges:
Unrealized losses on cash flow hedges	(89)	(1,480)	(3,450)
Losses (gains) reclassified into net loss	(505)	2,874	2,357
Net change	(594)	1,394	(1,093)
Total other comprehensive income (loss)	6,342	10,214	(17,995)
Comprehensive loss	$ (10,458)	$ (54,137)	$ (97,060)

Intangible Assets, Net

12 Months Ended

Dec. 31, 2024

Intangible Assets, Net [Abstract]

INTANGIBLE ASSETS, NET

NOTE 7:- INTANGIBLE ASSETS, NET

Intangible assets are comprised of the following:

	December 31,
	2024		2023
Original amount:
Acquired technology	$	10,534	$	10,534
License		1,000		1,000
Customer relationships		4,717		4,717
Non-competition agreement		974		974
Software development costs		1,320		1,320
Distribution rights		688		688

		19,233		19,233
Accumulated amortization:
Acquired technology		6,311		4,856
License		400		282
Customer relationships		4,081		3,816
Non-competition agreement		974		974
Software development costs		1,320		1,320
Distribution rights		426		338

		13,512		11,586

Intangible assets, net	$	5,721	$	7,647

Amortization expenses for the years ended December 31, 2024, 2023 and 2021 were $1,926, $2, 243and $2,982 respectively.

Amortization expenses for future periods are as shown below:

Years ending December 31,	Amount

2025	$	1,539
2026		1,538
2027		1,537
2028		750
2029		324
2030		33

	$	5,721

Earnings (Losses) Per Share (Tables)

12 Months Ended

Dec. 31, 2024

Earnings (Losses) Per Share [Abstract]

Schedule of Basic and Diluted Earnings (Losses) Per Share

The following table sets forth the computation of basic and diluted earnings (losses) per share:

	Year Ended December 31,
	2024			2023			2022
Numerator for basic and diluted earnings (losses) per share:

Net loss	$	(16,800	)	$	(64,351	)	$	(79,065	)

Weighted average ordinary shares outstanding:

Denominator for basic losses per share		47,482,820			49,160,266			49,791,659
Effect of dilutive securities:
Employee share options, RSUs, PSUs and Warrants		-			-			-

Denominator for diluted losses per share		47,482,820			49,160,266			49,791,659

Basic losses per share	$	(0.35	)	$	(1.31	)	$	(1.59	)

Diluted losses per share	$	(0.35	)	$	(1.31	)	$	(1.59	)

Taxes on Income (Details) $ in Thousands, ₪ in Millions					12 Months Ended
Taxes on Income (Details) $ in Thousands, ₪ in Millions	Nov. 30, 2022 USD ($)	Nov. 15, 2021	Dec. 31, 2017	Jan. 01, 2017 ILS (₪)	Dec. 31, 2024 USD ($)
Taxes on Income [Line Items]
Israeli corporate income tax rate					23.00%
Dividend withholding tax rate		20.00%
Percentage of exempt retained earnings		30.00%
Released earnings, description					Assets used by the company, salaries of newly recruited employees, for a period of up to 5 years.
Paid of corporate tax (in Dollars)	$ 11,485
Corporate tax on exempt income (in Dollars)	$ 133,751
Tax rate			7.50%		20.00%
Percentage of corporate tax rate			12.00%
Benefitted intangible assets (in New Shekels) \| ₪				₪ 200
Undistributed earnings of foreign subsidiaries (in Dollars)					$ 14,476
Corporate tax rate (in Dollars)					2,529
Carryforward operating tax losses (in Dollars)					201,526
Unrecognized tax benefit (in Dollars)					$ 256
Preferred Technology [Member]
Taxes on Income [Line Items]
Tax rate			12.00%		7.50%
Gateway Ltd [Member]
Taxes on Income [Line Items]
Carryforward operating tax losses (in Dollars)					$ 9,286
Tesoma GmbH [Member]
Taxes on Income [Line Items]
Carryforward operating tax losses (in Dollars)					$ 7,114
Trapped [Member]
Taxes on Income [Line Items]
Dividend withholding tax rate		20.00%
Minimum [Member]
Taxes on Income [Line Items]
Percentage of grant relief		30.00%
Effective tax rate		6.00%
Tax rate					20.00%
Maximum [Member]
Taxes on Income [Line Items]
Percentage of grant relief		60.00%
Effective tax rate		17.50%
Israeli [Member]
Taxes on Income [Line Items]
Tax rate					16.00%
Israeli [Member] \| Preferred Technology [Member]
Taxes on Income [Line Items]
Tax rate					12.00%

Accounting Policies, by Policy (Policies)

12 Months Ended

Dec. 31, 2024

Significant Accounting Policies [Abstract]

Use of estimates

Use of estimates:

The preparation of the consolidated financial statements in conformity with U.S. GAAP requires management to make estimates, judgments and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the period.

The Company’s management believes that the estimates, judgments and assumptions used are reasonable based upon information available at the time they are made. Actual results could differ from those estimates.

On an ongoing basis, the Company’s management evaluates estimates, including those related to intangible assets and goodwill, tax assets and liabilities, fair values of share-based awards, inventory write-offs, warranty provision, allowance for credit losses and provision for rebates and returns. Such estimates are based on historical experience and on various other assumptions that are believed to be reasonable, the results of which form the basis for making judgments about the carrying values of assets and liabilities.

Financial statements in United States dollars

Financial statements in United States dollars:

Most of the revenues of the Company and its subsidiaries are denominated in U.S. dollars. The U.S. dollar is the primary currency of the economic environment in which the Company and its subsidiaries operate. Thus, the functional and reporting currency of the Company and its subsidiaries is the U.S. dollar. Accordingly, monetary accounts maintained in currencies other than the U.S. dollar are re-measured into U.S. dollars in accordance with Accounting Standards Codification (“ASC”) No. 830 “Foreign Currency Matters”. Changes in currency exchange rates between the Company’s functional currency and the currency in which a transaction is denominated are included in the Company’s statements of operations as financial income, net in the period in which the currency exchange rates change.

Principles of consolidation

Principles of consolidation:

The consolidated financial statements include the accounts of the Company and its subsidiaries. Intercompany balances and transactions, including profits from intercompany sales, have been eliminated upon consolidation.

Cash equivalents

Cash equivalents:

Cash equivalents are short-term highly liquid investments that are readily convertible to cash with original maturities of three months or less, at acquisition.

Short-term bank deposits

Short-term bank deposits:

Short-term bank deposits are deposits with an original maturity of more than three months but less than one year from the date of acquisition.

Marketable securities

Marketable securities:

The Company accounts for investments in marketable securities in accordance with ASC 320, “Investments - Debt Securities”. Management determines the appropriate classification of its investments at the time of purchase and re-evaluates such determinations at each balance sheet date. The Company classifies its marketable securities as either short-term or long-term based on each instrument’s underlying contractual maturity date and the entity’s expectations of sales and redemptions in the following year.

The Company classifies all of its marketable securities as available-for-sale. Available-for-sale securities are carried at fair value, with the unrealized gains and losses, net of tax, reported in “accumulated other comprehensive income (loss)” in shareholders’ equity. Realized gains and losses on sales of marketable securities are included in financial income, net and are derived using the specific identification method for determining the cost of securities.

The Company does not intend to sell the investments, nor is it more likely than not that the Company will be required to sell the investments before recovery of their amortized cost bases.

The amortized cost of marketable securities is adjusted for amortization of premium and accretion of discount to maturity, both of which, together with interest, are included in financial income, net.

At each reporting period, the Company evaluates whether declines in fair value below amortized cost are due to expected credit losses, as well as the Company’s ability and intent to hold the investment until a forecasted recovery occurs in accordance with ASC 326, Financial Instrument- Credit losses. Allowance for credit losses on available-for-sale marketable securities are recognized in the Company’s consolidated statements of operations, and any remaining unrealized losses, net of taxes, are included in accumulated other comprehensive income (loss) in shareholders’ equity.

The Company did not recognize an allowance for credit losses on marketable securities for the years ended December 31, 2024 and 2022. During 2023 the Company recorded an allowance for credit losses on available-for-sale marketable securities of $93 , which was recognized in the Company’s consolidated statements of operations.

Inventories

Inventories:

Inventories are measured at the lower of cost or net realizable value. The cost of inventories comprises cost of purchases and costs incurred in bringing the inventories to their present location and condition. Inventory write-off is measured as the difference between the cost of the inventory and net realizable value and is charged to cost of sales.

Cost of inventories is determined as follows:

Raw materials and components - on a first-in, first-out cost basis. Finished goods - materials, on a first-in, first-out cost basis and other direct manufacturing costs.

Inventory provisions have been provided to cover risks arising from slow-moving items, technological obsolescence and excess inventories according to revenue forecasts.

During the years ended December 31, 2024, 2023 and 2022, the Company recorded inventory provisions and write-offs in a total amount of $4,607, $22,001 and $11,445, respectively.

For the years ended December 31, 2024 and 2023, a part of inventory write-offs and provisions of $789 and $11,009, respectively was recorded as a result of the Company’s restructuring (see Note 2(ad)).

Property, plant and equipment, net

Property, plant and equipment, net:

Property, plant and equipment are measured at cost, including directly attributable costs, less accumulated depreciation and accumulated impairment losses. Depreciation is calculated on a straight-line basis over the useful life of the assets at annual rates as follows:

	%
Office furniture and equipment		7 - 20
Computer and peripheral equipment		33
Machinery and equipment		7 - 33
Equipment on lease (*)		14
Leasehold improvements		(**)
Building and land		(***)

(*)	Equipment on lease is stated at cost, net of accumulated depreciation. Depreciation is calculated using the straight-line method over the estimated useful life of the equipment on lease, which was determined to be 7 years.

The Company records a write-off provision for any excess, lost or damaged equipment when warranted based on an assessment of the equipment. Write-offs for equipment are included in cost of revenues.

Property, plant and equipment, net (Cont.)

(**)	Leasehold improvements are amortized on a straight-line basis over the shorter of the lease term (including the extension option held by the Company and intended to be exercised) and the expected life of the improvement.

(***)

Leases

Leases:

Lessee accounting:

The Company determines if an arrangement is a lease at inception. Contracts containing a lease are further evaluated for classification as an operating or finance lease. In determining the lease’s classification, the Company assesses among other criteria: (i) if 75% or more of the remaining economic life of the underlying asset is a major part of the remaining economic life of that underlying asset; and (ii) if 90% or more of the fair value of the underlying asset comprises substantially all of the fair value of the underlying asset. Operating leases are included in operating lease right-of-use (“ROU”) assets, current operating lease liabilities and non-current operating lease liabilities in the Company’s consolidated balance sheets. ROU assets represent the right to use an underlying asset for the lease term and lease liabilities represent the Company’s obligation to make lease payments arising from the lease. For leases with terms greater than 12 months, the Company records the ROU asset and liability at the commencement date based on the present value of lease payments according to their term. The Company also elected the practical expedient to not separate lease and non-lease components for its leases.

The Company uses incremental borrowing rates based on the estimated rate of interest for collateralized borrowing over a similar term of the lease payments at commencement date. Lease terms may include options to extend or terminate the lease when it is reasonably certain that the Company will exercise that option. Lease expenses are recognized on a straight-line basis over the lease term or the useful life of the leased asset.

In addition, the carrying amount of the ROU and lease liabilities are remeasured if there is a modification, a change in the lease term, a change in the in-substance fixed lease payments or a change in the assessment to purchase the underlying asset.

Business combinations

Business combinations:

The Company accounts for business combinations in accordance with ASC No. 805, “Business Combinations” (“ASC No. 805”). ASC No. 805 requires recognition of assets acquired, liabilities assumed, and any non-controlling interest at the acquisition date, measured at their fair values as of that date. The excess of the fair value of the purchase price over the fair values of the identifiable assets and liabilities is recorded as goodwill. Such valuations require management to make significant estimates and assumptions, especially with respect to intangible assets. Acquisition related costs are expensed in the statement of operations in the period incurred.

Goodwill

Goodwill:

Goodwill reflects the excess of the purchase price of a business acquired over the fair value of net assets acquired. Under ASC No. 350, “Intangibles – Goodwill and other” (“ASC No. 350”), goodwill is not amortized but is tested for impairment at least annually or more frequently if events or changes in circumstances indicate that the carrying value may be impaired. The Company has elected to perform an annual impairment test of goodwill as of December 31 of each year, or more frequently if impairment indicators are present.

The Company operates in one operating segment and this segment comprises the Company’s sole reporting unit. ASC 350 allows an entity to first assess qualitative factors to determine whether it is necessary to perform the quantitative goodwill impairment test. If the qualitative assessment does not result in a more likely than not indication of impairment, no further impairment testing is required. If an entity elects not to use this option, or if an entity determines that it is more likely than not that the fair value of a reporting unit is less than its carrying value, then the entity prepares a quantitative analysis to determine whether the carrying value of a reporting unit exceeds its estimated fair value. If the carrying value of a reporting unit exceeds its estimated fair value, the entity recognizes an impairment of goodwill for the amount of this excess.

During the years ended December 31, 2024, 2023 and 2022, no impairment of goodwill was recorded.

Intangible assets

Intangible assets:

Acquired identifiable finite-lived intangible assets are amortized on a straight-line basis or accelerated method over the estimated useful lives of the assets. The basis of amortization approximates the pattern in which the assets are utilized, over their estimated useful lives.

The Company routinely reviews the remaining estimated useful lives of finite-lived intangible assets. In case the Company reduces the estimated useful life for any asset, the remaining unamortized balance is amortized or depreciated over the revised estimated useful life.

Impairment of long-lived assets

Impairment of long-lived assets:

The Company’s long-lived assets are reviewed for impairment in accordance with ASC 360-10, “Property, Plant and Equipment,” whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of the assets to the future undiscounted cash flows expected to be generated by the assets. If such assets are considered to be impaired, the impairment to be recognized is measured by the amount by which the carrying amount of the assets exceeds the fair value of the assets.

During the years ended December 31, 2024, and 2022, no impairment of long-lived assets and finite-lived intangible assets was recorded. For the year ended December 31, 2023, an impairment loss of $1,118, related to operating lease right-of-use assets was recorded as a result of the Company’s restructuring (see Note 2ad).

Revenue recognition

Revenue recognition:

The Company generates revenues from sales of systems, consumables and services, including software subscriptions and transaction-based revenues. The Company sells its products directly to end-users and indirectly through independent distributors, all of whom are considered end-users.

The Company recognizes revenues in accordance with ASC No. 606, “Revenue from Contracts with Customers”. As such, the Company recognizes revenue under the core principle that transfer of control to the Company’s customers should be depicted in an amount reflecting the consideration the Company expects to receive in revenue. Therefore, the Company identifies a contract with a customer, identifies the performance obligations in the contract, determines the transaction price, allocates the transaction price to each performance obligation in the contract and recognizes revenues when, or as, the Company satisfies a performance obligation.

Revenues from products, which consist of systems and consumables, are recognized at the point in time when control has transferred, in accordance with the agreed-upon delivery terms. Revenues from services are derived mainly from the sale of print heads, spare parts, upgrade kits, service contracts and software subscriptions. The Company’s revenues from print heads, spare parts and upgrade kits revenues are recognized at the point in time when control has transferred. Service contracts and software subscriptions are recognized over time, on a straight-line basis, over the period of the service as the services have a consistent continuous pattern of transfer to a customer during the contract period.

For multiple performance obligations arrangements, such as selling a system with service contract, installation and training, the Company accounts for each performance obligation separately as it is distinct. The transaction price is allocated to each distinct performance obligation on a relative standalone selling price (“SSP”) basis and revenue is recognized for each performance obligation when control has passed, or service has been rendered. In most cases, the Company can establish SSP based on the observable prices of services sold separately in comparable circumstances to similar customers and for products based on the Company’s best estimates of the price at which the Company would have sold the product regularly on a stand-alone basis. The Company reassesses the SSP on a periodic basis or when facts and circumstances change.

The Company does not account for training and installation as a separate performance obligation due to its immateriality in the context of its contracts. Accordingly, revenues from training and installation are recognized upon the delivery of its systems.

The Company periodically provides customer incentive programs in the form of product discounts, volume-based rebates and warrants (see also note 10f), which are accounted for as a variable consideration that are deducted from revenue in the period in which the revenue is recognized. These reductions to revenue are made based upon estimates that are determined according to historical experience and the specific terms and conditions of the incentive.

The Company maintains a provision for returns which is estimated, primarily based on historical experience as well as management judgment, and is recorded as a reduction of revenue. Such provision amounted to $1,243 and $1,166 as of December 31, 2024 and 2023, respectively, and is included under accrued expenses and other current liabilities in the consolidated balance sheets.

Contract liabilities include amounts received from customers for which revenue has not yet been recognized. Contract liabilities amounted to $2,357 and $2,218 as of December 31, 2024 and 2023, respectively, and are presented under deferred revenues and customers advances and other non-current liabilities. During the year ended December 31, 2024, the Company recognized revenues in amount of $2,158, which had been included in the contract liabilities balance on January 1, 2024.

In cases where the Company’s customers trade-in old systems as part of a sale of new systems, the fair value of the old systems is recorded as inventory, provided that such value can be recovered.

Sales to the Company’s independent distributors accounted for approximately 9%, 13% and 19% of 2024, 2023 and 2022 revenues, respectively.

Remaining performance obligations represent contracted revenues that have not yet been recognized, and which includes deferred revenues and non-cancelable contracts that will be invoiced and recognized as revenue in future periods. The Company elected to apply the optional exemption under paragraph ASC 606-10-50-14(a) not to disclose the remaining performance obligations that relate to contracts with an original expected duration of one year or less for which deferred revenues have not been recorded yet.

	2025		2026		2027 and thereafter

Service contracts and software subscriptions	$	4,404	$	18	$	-

The Company has elected to apply the practical expedient for the financing component for transactions in which the difference between the payment date and the revenue recognition timing is up to 12 months. Payment terms between the Company and its payors are typically up to twelve months, and vary by the type of payer, country of sale and the products or services offered.

Shipping and Handling

Shipping and Handling:

Shipping and handling fees charged to the Company’s customers are recognized as revenue in the period shipped and the related costs for providing these services are recorded as a cost of revenue.

Cost of revenues

Cost of revenues:

Cost of revenues is comprised mainly of cost of systems and parts, ink production, employees’ salaries and related costs, allocated overhead expenses, import taxes, inventory write-offs, royalties and shipping and handling fees.

Warranty costs

Warranty costs:

The Company typically provides assurance type standard warranty for six months on its systems including parts and labor. A provision is recorded for estimated warranty costs at the time revenues are recognized based on historical warranty costs and management’s estimates. Factors that affect the Company’s warranty liability include the number of systems, historical rates of warranty claims and cost per claim. The Company periodically assesses the adequacy of its recorded warranty liabilities and adjusts the amounts thereof as necessary.

The following are the changes in the liability for product warranty from January 1, 2023 to December 31, 2024:

Balance at January 1, 2023	$	1,918

Additions and adjustments to cost of revenues		2,492
Reduction for payments and costs to satisfy claims		(3,087	)
Balance at December 31, 2023	$	1,323

Additions and adjustments to cost of revenues		1,761
Reduction for payments and costs to satisfy claims		(2,032	)

Balance at December 31, 2024	$	1,052

Research and development expenses, net

Research and development expenses, net:

Research and development expenses, net of government grants, are charged to the statement of operations, as incurred, except for development expenses which are capitalized as described in note 2s.

Internal use software

Internal use software:

The Company capitalizes qualifying costs incurred during the application development stage related to software developed for internal use. These costs are capitalized based on the qualifying criteria. Such costs are amortized over the software’s estimated life of three years. Costs incurred to develop software applications consist of (a) certain external direct costs of materials and services incurred in developing or obtaining internal-use computer software, and (b) payroll and payroll-related costs for employees who are directly associated with, and who devote time to, the development or implementation of the software. Capitalized internal-use software costs are included in intangibles assets, net in the consolidated balance sheet.

Implementation costs incurred in a cloud computing arrangements that is a service contract

Implementation costs incurred in a cloud computing arrangements that is a service contract:

The Company’s cloud computing arrangements (“CCA”) that are service contracts consist of an arrangement with third party vendors for internal use of their software applications that they host. The Company defers implementation costs incurred in relation to those arrangements, including costs for software application coding, configuration, integration and customization, while associated process reengineering, training, maintenance and data conversion costs are expensed. The short-term portion of deferred costs are included in prepaid expenses and other current assets in the consolidated balance sheets, while the long-term portion of deferred costs are included in other non-current assets. Amortized implementation costs incurred in CCA that are service contracts will be recognized using the straight-line method over the term of the hosting arrangement, up to eight years, which represents the noncancellable terms of the CCA, plus any optional renewal periods that the Company is reasonably certain to exercise. Deferred implementation costs are subject to assessment for potential impairment whenever events or changes in circumstances indicate that the carrying values may not be recoverable.

Deferred implementation costs incurred in CCA amounted to $10,073, and $7,424 as of December 31, 2024 and 2023, respectively. Amortization of the implementation costs commenced on January 1, 2023.

Amortization expenses of the implementation costs for the years ended December 31, 2024, and 2023 were $1,366, and $848, respectively.

Accounting for share-based compensation

Accounting for share-based compensation:

The Company accounts for share-based compensation in accordance with ASC No. 718, “Compensation – Stock Compensation” (“ASC No. 718”) that requires companies to estimate the fair value of equity-based payment awards on the date of grant using an option-pricing model. The value of the award is recognized as an expense over the requisite service periods in the Company’s consolidated statement of operations.

	Year ended December 31,
	2024	2023	2022

Suboptimal exercise multiple	2.8	2.8	2.8
Risk free interest rate	4.01%-3.82%	4.26%-4.30%	3.02%-4.09%
Volatility	58.29%-62.88%	57.75%-60.75%	58.67%-69.13%
Dividend yield	0%	0%	0%

The expected volatility is derived from the volatility of the Company’s share price based upon actual historical stock price movements. The computation of the suboptimal exercise multiple is derived from empirical studies, based on those studies, the early exercise factor of public companies is approximately 150% for managers and 100% for other employees. The interest rate for the period within the contractual life of the award is based on the U.S. Treasury Bills yield curve in effect at the time of grant. The Company currently has no plans to distribute dividends and intends to retain future earnings to finance the development of its business.

The fair value of each restricted stock unit (“RSU”) including performance based RSUs (“PSU”) is the market value of a single ordinary share of the Company, as determined based on the closing price of the Company’s ordinary shares on the date immediately prior to the day of grant.

The Company recognizes compensation expenses for the value of its awards, which have graded vesting based on service conditions, using the straight-line method, over the requisite service period of each of the awards. The Company recognizes forfeitures of awards as they occur.

Derivatives and hedging

Derivatives and hedging:

The Company follows ASC No. 815, “Derivatives and Hedging” which requires companies to recognize all of their derivative instruments as either assets or liabilities in the balance sheets at fair value. Accounting for changes in fair value (i.e., gains or losses) of a derivative instrument depends on whether it has been designated and qualifies as part of a hedging transaction and further, on the type of hedging transaction. For those derivative instruments that are designated and qualify as hedging instruments, a company must designate the hedging instrument, based upon the exposure being hedged, as a fair value hedge, cash flow hedge, or a hedge of a net investment in a foreign operation. Due to the Company’s global operations, it is exposed to foreign currency exchange rate fluctuations in the normal course of its business.

The Company uses derivative financial instruments, specifically foreign currency forward and option contracts, to manage exposure to foreign currency risks, by hedging a portion of the Company’s forecasted payroll and related expenses denominated in New Israeli Shekels that it expects to incur within a year. The effect of exchange rate changes on foreign currency hedging contracts is expected to partially offset the effect of exchange rate changes on the underlying hedged item.

For derivative instruments that are designated and qualify as a cash flow hedge (i.e., hedging the exposure to variability in expected future cash flows that is attributable to a particular risk), the gain or loss on the derivative instrument is reported as a component of other comprehensive income (loss) and reclassified into earnings in the same period or periods during which the hedged transaction affects earnings. Gains or losses from contracts that were not designated as hedging instruments are recognized in “financial income, net”.

The Company measured the fair value of these contracts in accordance with ASC No. 820, “Fair Value Measurements and Disclosures” (“ASC No. 820”), and they were classified as level 2 of the fair value hierarchy.

Derivative instruments notional amounts:

The following table summarizes the notional amounts for hedged items:

	December 31,
	2024		2023

Designated cash flow hedges		-	$	38,465
Non-designated hedges		-		491
		-	$	38,956

Derivative instrument outstanding:

As of December 31, 2023, the fair value of the Company’s outstanding forward and option contracts amounted to $595 which are included within “Prepaid expenses and other current assets” and “accrued expenses and other current liabilities”, respectively, on the balance sheets. As of December 31, 2024 there was no outstanding forward and option contracts.

Derivative instrument gains and losses

The following table sets forth the expense (income) from derivatives instruments included in the consolidated statements of operations and reclassified from other comprehensive income:

	Year ended December 31,
	2024			2023		2022

Cost of revenues	$	(105	)	$	814	$	674
Research and development		(240	)		1,144		1,029
Sales and marketing		(63	)		368		365
General and administrative		(96	)		548		481

The Company’s outstanding derivatives designated as cash flow hedging instruments and their related gains and losses, are reported in the statement of cash flows as cash flows from operating activities.

The maximum length of time over which the Company hedges its exposure to the variability in future cash flows for forecasted transactions is less than 12 months.

Income taxes

Income taxes:

The Company accounts for income taxes and uncertain tax positions in accordance with ASC No. 740, “Income Taxes” (“ASC No. 740”). ASC No. 740 prescribes the use of the liability method, whereby deferred tax asset and liability account balances are determined based on temporary differences between financial reporting and tax bases of assets and liabilities and are measured using the enacted tax rates and laws that will be in effect when the differences are expected to reverse. The Company provides a valuation allowance, if necessary, to reduce deferred tax assets to amounts more likely than not to be realized. Deferred tax assets and liabilities are classified as non-current assets and liabilities, respectively.

ASC No. 740 contains a two-step approach to recognizing and measuring a liability for uncertain tax positions. The first step is to evaluate the tax position taken or expected to be taken in a tax return by determining if the weight of available evidence indicates that it is more likely than not that, on an evaluation of the technical merits, the tax position will be sustained on audit, including resolution of any related appeals or litigation processes. The second step is to measure the tax benefit as the largest amount that is more than 50% likely to be realized upon ultimate settlement. The Company accrues interest and penalties related to unrecognized tax benefits on its taxes on income.

Concentrations of credit risks

Concentrations of credit risks:

Financial instruments that potentially subject the Company and its subsidiaries to concentrations of credit risk consist principally of cash and cash equivalents, bank deposits, marketable securities, foreign exchange contracts and trade receivables.

The majority of the Company’s and its subsidiaries’ cash and cash equivalents, bank deposits and marketable securities are invested in major banks in Israel and the U.S. Generally, these cash equivalents may be redeemed upon demand and, therefore management believes that they bear a lower risk.

The Company attempts to limit its exposure to interest rate risk by investing in securities with maturities of less than four years; however, the Company may be unable to successfully limit its risk to interest rate fluctuations. At any time, a sharp rise in interest rates could have a material adverse impact on the fair value of its investment portfolio. Conversely, declines in interest rates could have a material favorable impact on the fair value of its investment portfolio. Increases or decreases in interest rates could have a material impact on interest earnings related to new investments during the period.

The trade receivables of the Company and its subsidiaries are mainly derived from sales to customers located in the United States, Europe, Asia Pacific and Latin America. The Company performs ongoing credit evaluations of its customers. In certain circumstances, the Company may require letters of credit from its customers, other collaterals or additional guarantees. The allowance for credit loss is based on the Company’s assessment of historical collection experience, customer creditworthiness, and current and future economic and market conditions. The Company regularly reviews the adequacy of the allowance for credit loss based on a combination of factors, including an assessment of the current customer’s aging balance, the nature and size of the customer and the financial status of the customer. Accounts receivable deemed uncollectable are charged against the allowance for credit loss when identified. Doubtful debt expense is included in Sales and Marketing in the Consolidated Statements of Income (Loss). The allowance for credit loss as of December 31, 2024 and 2023, amounted to $9,243 and $5,227, respectively.

The change in 2024 and 2023, current period provision allowance for credit loss amounted to $4,299 and $5,152, respectively, which was partially offset by a write-off amount of $283 and $663, respectively.

Transfers of financial assets

Transfers of financial assets:

ASC 860 “Transfers and Servicing”, (“ASC 860”), establishes a standard for determining when a transfer of financial assets should be accounted for as a sale. The Company’s arrangements are such that the underlying conditions are met for the transfer of financial assets to qualify for accounting as a sale. The transfers of financial assets are typically performed by the factoring of receivables to two financial institutions.

For the year ended December 31, 2024, 2023 and 2022, the Company sold trade receivables to financial institutions in a total net amount of $2,739, $2,262 and $616, respectively. Control and risk of those trade receivables were fully transferred in accordance with ASC 860. During the year ended December 31, 2024, 2023 and 2022, the Company recorded an aggregate amount of $340, $356 and $41, respectively, as financial expenses related to its factoring arrangements.

Severance pay

Severance pay:

The Company’s employees in Israel have subscribed to Section 14 of Israel’s Severance Pay Law, 5723-1963 (“Section 14”). Pursuant to Section 14, the Company’s employees, covered by this section, are entitled only to monthly deposits, at a rate of 8.33% of their monthly salary, made on their behalf by the Company. Payments in accordance with Section 14 release the Company from any future severance liabilities in respect of those employees. Neither severance pay liability nor severance pay fund under Section 14 for such employees is recorded on the Company’s balance sheet.

With regards to employees in Israel that are not subject to Section 14, the Company’s liability for severance pay is calculated pursuant to the Severance Pay Law, based on the most recent salary of the relevant employees multiplied by the number of years of employment as of the balance sheet date. These employees are entitled to one-month’s salary for each year of employment or a portion thereof. The Company’s liability for these employees is fully provided for via monthly deposits with severance pay funds, insurance policies and an accrual. The value of these deposits is recorded as an asset on the Company’s balance sheet.

The deposited funds include profits accumulated up to the balance sheet date. The deposited funds may be withdrawn only upon the fulfillment of the obligation pursuant to the Severance Pay Law or labor agreements.

Severance expenses for the years ended December 31, 2024, 2023 and 2022 were $3,066, $3,144 and $3,554, respectively.

Fair value of financial instruments

aa.

Fair value of financial instruments:

The Company applies ASC No. 820. Under this standard, fair value is defined as the price that would be received to sell an asset or paid to transfer a liability (i.e., the “exit price”) in an orderly transaction between market participants at the measurement date.

In determining fair value, the Company uses various valuation approaches. ASC No. 820 establishes a hierarchy for inputs used in measuring fair value that maximize the use of observable inputs and minimize the use of unobservable inputs by requiring that the most observable inputs be used when available. Observable inputs are inputs that market participants would use in pricing the asset or liability developed based on market data obtained from sources independent of the Company. Unobservable inputs are inputs that reflect the Company’s assumptions about the assumptions market participants would use in pricing the asset or liability developed based on the best information available in the circumstances.

The hierarchy is broken down into three levels based on the inputs as follows:

Level 1 -

Valuations based on quoted prices (unadjusted) in active markets for identical assets or liabilities that the Company can access at the measurement date.

Level 2 -

Valuations based on one or more quoted prices in markets that are not active or for which all significant inputs are observable, either directly or indirectly.

Level 3 -

Valuations based on inputs that are unobservable and significant to the overall fair value measurement.

The fair value hierarchy also requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value.

The carrying amount of cash, cash equivalents, short term bank deposits, trade receivables, prepaid expenses and other current assets, trade payables and accrued expenses and other current liabilities approximates their fair value due to the short-term maturities of such instruments.

The Company measures its marketable securities and foreign currency derivative instruments at fair value. Marketable securities and foreign currency derivative instruments are classified within Level 2 as the valuation inputs are based on quoted prices and market observable data of similar instruments.

Basic and diluted earnings (losses) per share

ab.

Basic and diluted earnings (losses) per share:

Basic earnings No. 260, “Earnings Per Share” is computed based on the weighted average number of ordinary shares outstanding during each period. Diluted earnings per share is computed based on the weighted average number of ordinary shares outstanding during each period, plus dilutive potential ordinary shares considered outstanding during the period, in accordance with the relevant ASC.

For the years ended December 31, 2024, 2023 and 2022, all outstanding options and RSU’s of 2,752,644, 2,306,577 and 1,718,661, respectively, have been excluded from the calculation of the diluted earnings per share since their effect was anti-dilutive.

Segment reporting

ac.

Segment reporting:

The Company identifies operating segments in accordance with ASC Topic 280, “Segment Reporting” as components of an entity for which discrete financial information is available and is regularly reviewed by the chief operating decision maker (“CODM”), or decision-making group, in making decisions regarding resource allocation and evaluating financial performance. Consolidated net income in the consolidated statements of income (loss) is the measure of financial profit and loss most closely aligned with generally accepted accounting principles that is used by the CODM to assess performance and resource allocation. Our Chief Executive Officer is our chief operating decision maker who evaluates performance and makes operating decisions about allocating resources and based on consolidated financial data and assessing performance. Further, the CODM reviews and utilizes functional expenses (cost of revenues, sales and marketing, research and development, and general and administrative) at the consolidated level to manage the Company’s operations, evaluate return on total assets in deciding whether to invest in the development and expansion of our consolidated operations or into strategic transactions, such as acquisitions and capital repurchases.

Restructuring

ad.

Restructuring:

During 2023, the Company decided upon a cost savings initiative which resulted in restructuring charge. Included in this restructuring is a workforce reduction, a consolidation of facilities and a phasing out of legacy platforms.

As a result, the Company recognized a workforce reduction of approximately 10% in 2023, and an additional 4% in 2024, recorded as severance and other related expenses for the impacted employees, in addition to other related expenses.

The Company substantially completed these actions by March 27, 2025.

A summary of the restructuring charges for the year ended December 31, 2024 and 2023 by major activity type is as follows:

	December 31, 2024
	Employee termination costs		Write-off		Others		Total

Cost of product revenues	$	894	$	789	$	-	$	1,683
Cost of service revenues		298		-		-		298
Research and development		235		-		-		235
Sales and marketing		190		-		-		190
General and administrative		437		-		-		437
	$	2,054	$	789	$	-	$	2,843

	December 31, 2023
	Employee termination costs		Write-off		Others		Total

Cost of product revenues	$	147	$	5,510	$	-	$	5,657
Cost of service revenues		433		5,499		-		5,932
Research and development		283		598		-		881
Sales and marketing		719		-		2,211		2,930
General and administrative		597		3,378		-		3,975

	$	2,179	$	14,985	$	2,211	$	19,375

For the year ended December 31, 2023, the Company recorded $11,009 of inventory write-off in cost of revenues as a result.

The liabilities related to the restructuring plan as of December 31, 2024 and 2023 amounted to $1,172 and $4,558 respectively. The liabilities related to the restructuring plan as of December 31, 2023 were paid in full in 2024.

Recently adopted accounting pronouncements

ae.

Recently adopted accounting pronouncements

In November 2023, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures, which requires public entities to disclose information about their reportable segments’ significant expenses and other segment items on an annual basis. Public entities with a single reportable segment are required to apply the disclosure requirements in ASU 2023-07, as well as all existing segment disclosures and reconciliation requirements in ASC 280 on an annual basis. ASU 2023-07 is effective for fiscal years beginning after December 15, 2023, with early adoption permitted. The Company adopted ASU 2023-07 during the year ended December 31, 2024, refer to note 16.

Recently issued accounting pronouncements

af.

Recently issued accounting pronouncements

In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures, which requires public entities, on an annual basis, to provide disclosure of specific categories in the rate reconciliation, as well as disclosure of income taxes paid disaggregated by jurisdiction. ASU 2023-09 is effective for fiscal years beginning after December 15, 2024, with early adoption permitted. The Company is currently evaluating the impact of adopting ASU 2023-09.

In November 2024, the FASB issued ASU 2024-03, Income Statement-Reporting Comprehensive Income-Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses. This ASU requires an entity to disclose the amounts purchases of inventory, employee compensation, depreciation, and intangible asset amortization included in each relevant expense caption. It also requires an entity to include certain amounts that are already required to be disclosed under current GAAP in the same disclosure. Additionally, it requires an entity to disclose a qualitative description of the amounts remaining in relevant expense captions that are not separately disaggregated quantitatively, and to disclose the total amount of selling expenses and, in annual reporting periods, an entity’s definition of selling expenses. The amendments in the ASU are effective for annual reporting periods beginning after December 15, 2026, and the Company is currently evaluating the impact of adopting ASU 2024-03.

Property, Plant and Equipment, Net - Schedule of Property, Plant and Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Schedule of Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 117,776	$ 99,557
Accumulated depreciation	(58,554)	(48,652)
Property, plant and equipment, net	59,222	50,905
Computer and peripheral equipment [Member]
Schedule of Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	12,648	10,706
Office furniture and equipment [Member]
Schedule of Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	7,012	6,200
Equipment on lease [Member]
Schedule of Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	14,622
Machinery and equipment [Member]
Schedule of Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	37,651	37,614
Leasehold improvements [Member]
Schedule of Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	25,715	24,946
Building and land [Member]
Schedule of Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 20,128	$ 20,091

Segment and Geographic Information - Schedule of Percentage of Revenues (Details) - Customer Concentration Risk [Member]	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Customer A [Member] \| Revenue Benchmark [Member]
Schedule of Percentage of Revenues [Line Items]
Total revenue, Percentage	30.00%	20.00%	27.00%
Customer A [Member] \| Trade Receivables [Member]
Schedule of Percentage of Revenues [Line Items]
Total revenue, Percentage	14.00%	16.00%
Customer B [Member] \| Trade Receivables [Member]
Schedule of Percentage of Revenues [Line Items]
Total revenue, Percentage	15.00%	13.00%
Customer C [Member] \| Trade Receivables [Member]
Schedule of Percentage of Revenues [Line Items]
Total revenue, Percentage	12.00%

Leases - Schedule of Maturities of Operating Lease Liabilities (Details) $ in Thousands	Dec. 31, 2024 USD ($)
Schedule of maturities of operating lease liabilities [Abstract]
2025	$ 4,173
2026	3,594
2027	3,096
2028	2,645
2029	2,637
Thereafter	6,094
Total operating lease payments	22,239
Less - imputed interest	(3,863)
Present value of future lease payments	$ 18,376

Significant Accounting Policies - Schedule of Notional Amounts of Outstanding Derivative Positions (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Schedule of Notional Amounts of Outstanding Derivative Positions [Line Items]
Notional amounts		$ 38,956
Designated cash flow hedges [Member]
Schedule of Notional Amounts of Outstanding Derivative Positions [Line Items]
Notional amounts		38,465
Non-designated hedges [Member]
Schedule of Notional Amounts of Outstanding Derivative Positions [Line Items]
Notional amounts		$ 491

Significant Accounting Policies (Details) $ in Thousands	12 Months Ended
Significant Accounting Policies (Details) $ in Thousands	Dec. 31, 2024 USD ($) shares	Dec. 31, 2023 USD ($) shares	Dec. 31, 2022 USD ($) shares
Significant Accounting Policies [Line Items]
Allowance for credit losses on marketable securities
Allowance for credit losses on available-for-sale marketable securities		$ 93
Inventory write off	$ 4,607	22,001	11,445
Useful life of the equipment on lease	49 years
Additional term	49 years
Internal use software	3 years
Remaining economic life underlying asset percentage	75.00%
Fair value of underlying asset percentage	90.00%
Operating segment	1
Impairment loss		1,118
Provisions for estimated sales returns	$ 1,243	1,166
Contract liabilities	2,357	2,218
Revenues	2,158
Remaining performance obligations	4,422
Service contract amount	10,073	7,424
Amortization expenses	$ 1,366	848
Percentage of exercise factor	150.00%
Percentage of share-based compensation to other employees	100.00%
Option contracts amounted		595
Maximum tax benefit	50.00%
Allowance for credit loss	$ 9,243	5,227
Provision allowance for credit loss amount	4,299	5,152
Write-off amount	283	663
Trade receivables sold to financial institutions	2,739	2,262	616
Financial expenses related to factoring arrangements	$ 340	356	41
Monthly deposits rate	8.33%
Severance expenses	$ 3,066	$ 3,144	$ 3,554
Anti-dilutive effect (in Shares) \| shares	2,752,644	2,306,577	1,718,661
Workforce reduction	4.00%	10.00%
Restructuring plan	$ 1,172	$ 4,558
Inventories [Member]
Significant Accounting Policies [Line Items]
Inventory write off	$ 789	11,009
Maximum [Member]
Significant Accounting Policies [Line Items]
Useful life of the equipment on lease	7 years
Manufacturing Facility [Member]
Significant Accounting Policies [Line Items]
Internal use software	25 years
Restructuring [Member]
Significant Accounting Policies [Line Items]
Inventory write off		$ 11,009
Independent Distributor [Member] \| Customer Concentration Risk [Member] \| Revenue Benchmark [Member]
Significant Accounting Policies [Line Items]
Distributors accounted revenues	9.00%	13.00%	19.00%

Significant Accounting Policies - Schedule of Remaining Performance Obligations (Details) $ in Thousands	Dec. 31, 2024 USD ($)
2025 [Member]
Schedule of Remaining Performance Obligations [Line Items]
Service contracts and software subscriptions	$ 4,404
2026 [Member]
Schedule of Remaining Performance Obligations [Line Items]
Service contracts and software subscriptions	18
2027 and thereafter [Member]
Schedule of Remaining Performance Obligations [Line Items]
Service contracts and software subscriptions

Segment and Geographic Information

12 Months Ended

Dec. 31, 2024

Segment and Geographic Information [Abstract]

SEGMENT AND GEOGRAPHIC INFORMATION

NOTE 15:- SEGMENT AND GEOGRAPHIC INFORMATION

The Company operates in one reportable segment (see note 1 for a brief description of the Company’s business). Operating segments are defined as components of an enterprise for which separate financial information is evaluated regularly by the chief operating decision maker, who is the Company’s chief executive officer, in deciding how to allocate resources and in assessing performance. The Company’s chief operating decision maker evaluates the Company’s financial information and resources and assesses the performance of these resources on a consolidated basis.

Revenue disaggregated by revenue source consists of the following:

	Year Ended December 31,
	2024		2023		2022

Systems	$	33,190	$	48,998	$	119,073
Ink and consumables		114,896		112,047		103,429
Services		55,739		58,741		49,016

Total revenue	$	203,825	$	219,786	$	271,518

The following table presents revenue disaggregated by geography based on customer location:

	Year Ended December 31,
	2024		2023		2022

U.S.	$	115,034	$	123,550	$	138,515
EMEA		50,089		60,706		93,243
Asia Pacific		21,509		22,006		24,396
Other		17,193		13,524		15,364

Total revenue	$	203,825	$	219,786	$	271,518

The following table presents long-lived assets including right of use assets by geographic region as of December 31, 2024 and 2023:

	December 31,
	2024		2023

U.S.	$	13,340	$	2,560
Israel		49,701		58,489
EMEA		14,937		13,279
Asia Pacific		298		359

	$	78,276	$	74,687

Major customers’ data as a percentage of total revenues:

The following table sets forth the customers that accounted for 10% or more of the Company’s total revenues in each of the years set forth below:

	Year Ended December 31,
	2024			2023			2022

Customer A		30	%		20	%		27	%

Major customers’ data as a percentage of Trade receivables:

The following table sets forth the customers that accounted for 10% or more of the Company’s Trade receivables in each of the years set forth below:

	December 31,
	2024			2023

Customer A		14	%		16	%
Customer B		15	%		13	%
Customer C		12	%		-

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 48
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482785/280-10-55-48

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-32

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 270
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (i)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482964/270-10-50-1

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
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+ Details

Shareholders' Equity - Schedule of RSU’s Activity (Details) - RSUs [Member]	12 Months Ended
	Dec. 31, 2024 shares
Schedule of RSU’s Activity [Line Items]
Unvested at beginning of year	1,674,902
Granted	1,412,810
Vested	(603,213)
Forfeited	(325,776)
Unvested at the end of year	2,158,723

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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+ Details

Pay vs Performance Disclosure - USD ($) $ in Thousands	12 Months Ended
Pay vs Performance Disclosure - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Pay vs Performance Disclosure
Net Income (Loss)	$ (16,800)	$ (64,351)	$ (79,065)

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

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-Name Accounting Standards Codification
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-Subparagraph (SX 210.9-04(22))
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-URI https://asc.fasb.org/1943274/2147478524/942-220-S99-1

+ Details

Marketable Securities - Schedule of Investments with Continuous Unrealized Losses (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Schedule of Investments with Continuous Unrealized Losses [Line Items]
Less than 12 months, Fair value	$ 21,448	$ 13,456
Less than 12 months, Unrealized losses	(63)	(73)
More than 12 months, Fair value	175,386	234,748
More than 12 months, Unrealized losses	(1,866)	(8,809)
Fair value	196,834	248,204
Unrealized losses	(1,929)	(8,882)
Corporate debentures [Member]
Schedule of Investments with Continuous Unrealized Losses [Line Items]
Less than 12 months, Fair value	21,448	13,456
Less than 12 months, Unrealized losses	(63)	(73)
More than 12 months, Fair value	167,324	226,925
More than 12 months, Unrealized losses	(1,825)	(8,523)
Fair value	188,772	240,381
Unrealized losses	(1,888)	(8,596)
Government debentures [Member]
Schedule of Investments with Continuous Unrealized Losses [Line Items]
Less than 12 months, Fair value
Less than 12 months, Unrealized losses
More than 12 months, Fair value	8,062	7,823
More than 12 months, Unrealized losses	(41)	(286)
Fair value	8,062	7,823
Unrealized losses	$ (41)	$ (286)

Taxes on Income - Schedule of Taxes on Income (Tax Benefits) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Schedule of Taxes on Income (Tax Benefits) [Abstract]
Current taxes	$ 1,835	$ 1,463	$ 12,619
Deferred taxes		(493)	9,946
Taxes on income	1,835	970	22,565
Domestic	117	(16)	20,400
Foreign	1,718	986	2,165
Current taxes	117	174	11,119
Deferred taxes		(190)	9,281
Domestic	117	(16)	20,400
Current taxes	1,718	1,289	1,500
Deferred taxes		(303)	665
Foreign	$ 1,718	$ 986	$ 2,165

Intangible Assets, Net - Schedule of Intangible Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Schedule of Intangible Assets [Line Items]
Original amount:	$ 19,233	$ 19,233
Accumulated amortization:	13,512	11,586
Intangible assets, net	5,721	7,647
Acquired technology [Member]
Schedule of Intangible Assets [Line Items]
Original amount:	10,534	10,534
Accumulated amortization:	6,311	4,856
License [Member]
Schedule of Intangible Assets [Line Items]
Original amount:	1,000	1,000
Accumulated amortization:	400	282
Customer relationships [Member]
Schedule of Intangible Assets [Line Items]
Original amount:	4,717	4,717
Accumulated amortization:	4,081	3,816
Non-competition agreement [Member]
Schedule of Intangible Assets [Line Items]
Original amount:	974	974
Accumulated amortization:	974	974
Software development costs [Member]
Schedule of Intangible Assets [Line Items]
Original amount:	1,320	1,320
Accumulated amortization:	1,320	1,320
Distribution rights [Member]
Schedule of Intangible Assets [Line Items]
Original amount:	688	688
Accumulated amortization:	$ 426	$ 338

Financial Income, Net (Tables)

12 Months Ended

Dec. 31, 2024

Financial Income, Net [Abstract]

Schedule of Financial Income, Net

Financial income, net:

	Year Ended December 31,
	2024			2023			2021
Financial income:

Interest on bank deposits and other interest income	$	15,924		$	20,246		$	6,586
Exchange rate differences, net		-			-			2,426
Realized gain on sale of marketable securities, net		164			-			-
Interest on marketable securities		7,537			7,343			6,465
Amortization of premium and accretion of discount on marketable securities, net		389			-			-

		24,014			27,589			15,477
Financial expenses:

Bank charges		(247	)		(236	)		(265	)
Exchange rate differences, net		(1,417	)		(2,315	)		-
Realized loss on sale of marketable securities, net		-			(134	)		(10	)
Amortization of premium and accretion of discount on marketable securities, net		-			(754	)		(1,820	)

		(1,664	)		(3,656	)		(2,095	)

Total financial income, net:	$	22,350		$	24,150		$	13,382

Marketable Securities - Schedule of Marketable Securities (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Schedule of Marketable Securities [Line Items]
Amortized cost	$ 272,691	$ 289,194
Gross unrealized gain	261	183
Gross unrealized loss	(1,929)	(8,882)
Fair value	271,023	280,495
Matures within one year [Member]
Schedule of Marketable Securities [Line Items]
Amortized cost	224,617	58,319
Gross unrealized gain	81	4
Gross unrealized loss	(1,761)	(1,031)
Fair value	222,937	57,292
Matures after one through four years [Member]
Schedule of Marketable Securities [Line Items]
Amortized cost	48,074	230,875
Gross unrealized gain	180	179
Gross unrealized loss	(168)	(7,851)
Fair value	48,086	223,203
Corporate debentures [Member] \| Matures within one year: Corporate debentures [Member]
Schedule of Marketable Securities [Line Items]
Amortized cost	215,040	58,319
Gross unrealized gain	81	4
Gross unrealized loss	(1,720)	(1,031)
Fair value	213,401	57,292
Corporate debentures [Member] \| Matures after one through four years: Corporate debentures [Member]
Schedule of Marketable Securities [Line Items]
Amortized cost	48,074	222,766
Gross unrealized gain	180	179
Gross unrealized loss	(168)	(7,565)
Fair value	48,086	215,380
Government debentures [Member] \| Matures within one year: Government debentures [Member]
Schedule of Marketable Securities [Line Items]
Amortized cost	9,577
Gross unrealized gain
Gross unrealized loss	(41)
Fair value	9,536
Government debentures [Member] \| Matures after one through four years: Government debentures [Member]
Schedule of Marketable Securities [Line Items]
Amortized cost		8,109
Gross unrealized gain
Gross unrealized loss		(286)
Fair value		$ 7,823

Accumulated Other Comprehensive Income (Loss) - Schedule of Accumulated Balances Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Schedule of Accumulated Balances Other Comprehensive Income (Loss) [Line Items]
Balance	$ (7,210)
Other comprehensive income before reclassifications	7,011
Amounts reclassified from accumulated other comprehensive income	(669)
Net current period other comprehensive income	6,342	$ 10,214	$ (17,995)
Balance	(868)	(7,210)
Unrealized Gains (losses) on marketable securities [Member]
Schedule of Accumulated Balances Other Comprehensive Income (Loss) [Line Items]
Balance	(8,604)
Other comprehensive income before reclassifications	7,100
Amounts reclassified from accumulated other comprehensive income	(164)
Net current period other comprehensive income	6,936
Balance	(1,668)	(8,604)
Unrealized Gains (losses) on cash flow hedges [Member]
Schedule of Accumulated Balances Other Comprehensive Income (Loss) [Line Items]
Balance	594
Other comprehensive income before reclassifications	(89)
Amounts reclassified from accumulated other comprehensive income	(505)
Net current period other comprehensive income	(594)
Balance		594
Foreign currency translation adjustment [Member]
Schedule of Accumulated Balances Other Comprehensive Income (Loss) [Line Items]
Balance	800
Other comprehensive income before reclassifications
Amounts reclassified from accumulated other comprehensive income
Net current period other comprehensive income
Balance	$ 800	$ 800

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References + Details

- Definition

Amount, after tax, of accumulated increase (decrease) in equity from transaction and other event and circumstance from nonowner source.

+ References + Details

- Definition

Amount after tax, before reclassification adjustments of other comprehensive income (loss).

+ References + Details

- Definition

Amount after tax and reclassification adjustments of other comprehensive income (loss).

+ References

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+ Details

- Definition

Amount after tax of reclassification adjustments of other comprehensive income (loss).

+ References + Details

Inventories, Net

12 Months Ended

Dec. 31, 2024

Inventories, Net [Abstract]

INVENTORIES, NET

NOTE 5:- INVENTORIES, NET

	December 31,
	2024		2023

Raw materials and components	$	32,475	$	28,331
Finished goods (*)		27,867		39,381

	$	60,342	$	67,712

(*)	Includes amounts of $1,100 and $367 as of December 31, 2024 and 2023, respectively, with respect to inventory delivered to customers for which revenue was not yet recognized.

Inventories, Net - Schedule of Inventories (Details) - USD ($)
$ in Thousands

Dec. 31, 2024

Dec. 31, 2023

Schedule of Inventories [Abstract]

Raw materials and components

$ 32,475

$ 28,331

Finished goods

^[1]

27,867

39,381

Inventories, total

$ 60,342

$ 67,712

[1]	Includes amounts of $1,100 and $367 as of December 31, 2024 and 2023, respectively, with respect to inventory delivered to customers for which revenue was not yet recognized.

Segment and Geographic Information - Schedule of Disaggregated Revenue (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Schedule of Major Customers’ Data as A Percentage [Line Items]
Total revenue	$ 203,825	$ 219,786	$ 271,518
Systems [Member]
Schedule of Major Customers’ Data as A Percentage [Line Items]
Total revenue	33,190	48,998	119,073
Ink and consumables [Member]
Schedule of Major Customers’ Data as A Percentage [Line Items]
Total revenue	114,896	112,047	103,429
Services [Member]
Schedule of Major Customers’ Data as A Percentage [Line Items]
Total revenue	$ 55,739	$ 58,741	$ 49,016

- Definition

Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss).

+ References

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+ Details

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Revenues
Total revenues	$ 203,825	$ 219,786	$ 271,518
Cost of revenues
Total cost of revenues	112,063	152,829	175,018
Gross profit	91,762	66,957	96,500
Operating expenses
Research and development, net	41,578	50,060	56,026
Sales and marketing	58,413	66,836	71,067
General and administrative	29,086	37,592	39,289
Total operating expenses	129,077	154,488	166,382
Operating loss	(37,315)	(87,531)	(69,882)
Financial income, net	22,350	24,150	13,382
Loss before income taxes	(14,965)	(63,381)	(56,500)
Taxes on income	1,835	970	22,565
Net Loss	$ (16,800)	$ (64,351)	$ (79,065)
Net loss per ordinary share, basic (in Dollars per share)	$ (0.35)	$ (1.31)	$ (1.59)
Net loss per ordinary share, diluted (in Dollars per share)	$ (0.35)	$ (1.31)	$ (1.59)
Products
Revenues
Total revenues	$ 148,086	$ 161,045	$ 222,502
Cost of revenues
Total cost of revenues	61,697	91,516	125,935
Services
Revenues
Total revenues	55,739	58,741	49,016
Cost of revenues
Total cost of revenues	$ 50,366	$ 61,313	$ 49,083

Significant Accounting Policies - Schedule of Restructuring Charges (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Schedule of Restructuring Charges [Line Items]
Restructuring charges	$ 2,843	$ 19,375
Cost of Sales [Member] \| Product [Member]
Schedule of Restructuring Charges [Line Items]
Restructuring charges	1,683	5,657
Cost of Sales [Member] \| Service [Member]
Schedule of Restructuring Charges [Line Items]
Restructuring charges	298	5,932
Research and development [Member]
Schedule of Restructuring Charges [Line Items]
Restructuring charges	235	881
Sales and marketing [Member]
Schedule of Restructuring Charges [Line Items]
Restructuring charges	190	2,930
General and administrative [Member]
Schedule of Restructuring Charges [Line Items]
Restructuring charges	437	3,975
Employee Termination Costs [Member]
Schedule of Restructuring Charges [Line Items]
Restructuring charges	2,054	2,179
Employee Termination Costs [Member] \| Cost of Sales [Member] \| Product [Member]
Schedule of Restructuring Charges [Line Items]
Restructuring charges	894	147
Employee Termination Costs [Member] \| Cost of Sales [Member] \| Service [Member]
Schedule of Restructuring Charges [Line Items]
Restructuring charges	298	433
Employee Termination Costs [Member] \| Research and development [Member]
Schedule of Restructuring Charges [Line Items]
Restructuring charges	235	283
Employee Termination Costs [Member] \| Sales and marketing [Member]
Schedule of Restructuring Charges [Line Items]
Restructuring charges	190	719
Employee Termination Costs [Member] \| General and administrative [Member]
Schedule of Restructuring Charges [Line Items]
Restructuring charges	437	597
Write-off [Member]
Schedule of Restructuring Charges [Line Items]
Restructuring charges	789	14,985
Write-off [Member] \| Cost of Sales [Member] \| Product [Member]
Schedule of Restructuring Charges [Line Items]
Restructuring charges	789	5,510
Write-off [Member] \| Cost of Sales [Member] \| Service [Member]
Schedule of Restructuring Charges [Line Items]
Restructuring charges		5,499
Write-off [Member] \| Research and development [Member]
Schedule of Restructuring Charges [Line Items]
Restructuring charges		598
Write-off [Member] \| Sales and marketing [Member]
Schedule of Restructuring Charges [Line Items]
Restructuring charges
Write-off [Member] \| General and administrative [Member]
Schedule of Restructuring Charges [Line Items]
Restructuring charges		3,378
Others [Member]
Schedule of Restructuring Charges [Line Items]
Restructuring charges		2,211
Others [Member] \| Cost of Sales [Member] \| Product [Member]
Schedule of Restructuring Charges [Line Items]
Restructuring charges
Others [Member] \| Cost of Sales [Member] \| Service [Member]
Schedule of Restructuring Charges [Line Items]
Restructuring charges
Others [Member] \| Research and development [Member]
Schedule of Restructuring Charges [Line Items]
Restructuring charges
Others [Member] \| Sales and marketing [Member]
Schedule of Restructuring Charges [Line Items]
Restructuring charges		2,211
Others [Member] \| General and administrative [Member]
Schedule of Restructuring Charges [Line Items]
Restructuring charges

Taxes on Income (Tables)

12 Months Ended

Dec. 31, 2024

Taxes on Income [Abstract]

Schedule of Deferred Tax Liabilities and Assets

Significant components of the Company’s and its subsidiaries’ deferred tax liabilities and assets are as follows:

	December 31,
	2024			2023

Deferred tax assets:
Carryforward tax losses	$	19,463		$	13,733
Share-based compensation expenses		3,357			2,697
Research and development carryforward expenses		2,597			3,329
Allowance and other reserves		5,975			7,812
Operating lease liabilities		2,662			3,340

Total gross deferred tax assets		34,054			30,911

Less, Valuation Allowance		(30,106	)		(26,326	)

Total deferred tax assets		3,948			4,585

Deferred tax liabilities:
Operating lease ROU assets		(2,721	)		(3,184	)
Intangible assets		(1,015	)		(1,253	)
Others		(212	)		(148	)

Total gross deferred tax liabilities		(3,948	)		(4,585	)

Net deferred tax assets (liabilities)	$	-		$	-

Schedule of Income (Loss) Before Income Taxes

Loss before income taxes is comprised as follows:

	Year Ended December 31,
	2024			2023			2022

Domestic	$	(13,859	)	$	(62,734	)	$	(58,085	)
Foreign		(1,106	)		(647	)		1,585

Loss before income taxes	$	(14,965	)	$	(63,381	)	$	(56,500	)

Schedule of Taxes on Income (Tax Benefits)

Taxes on income (tax benefits) are comprised as follows:

	Year Ended December 31,
	2024		2023			2021

Current taxes	$	1,835	$	1,463		$	12,619
Deferred taxes		-		(493	)		9,946

	$	1,835	$	970		$	22,565

Domestic	$	117	$	(16	)	$	20,400
Foreign		1,718		986			2,165

	$	1,835	$	970		$	22,565

	Year Ended December 31,
	2024		2023			2022
Domestic taxes:

Current taxes	$	117	$	174		$	11,119
Deferred taxes		-		(190	)		9,281

		117		(16	)		20,400

Foreign taxes:

Current taxes		1,718		1,289			1,500
Deferred taxes		-		(303	)		665

		1,718		986			2,165

Taxes on income	$	1,835	$	970		$	22,565

Schedule of Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of gross unrecognized tax benefits is as follows:

	December 31,
	2024		2023

Beginning of year	$	568	$	394
Additions related to tax positions taken during current year		41		174


Balance at December 31(*)	$	609	$	568

(*)	As of December 31, 2024 and 2023, unrecognized tax benefits in an amount of $256 in both years, were presented as a reduction from deferred taxes.

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation between the theoretical tax expense, assuming all income is taxed at the statutory tax rate applicable to income of the Company and the actual tax expense as reported in the statement of operations is as follows:

	Year Ended December 31,
	2024			2023			2022

Loss before taxes, as reported in the consolidated statements of operations	$	(14,965	)	$	(63,381	)	$	(56,500	)

Theoretical tax benefit at the Israeli statutory tax rate		(3,441	)		(14,578	)		(12,995	)
Beneficiary enterprise income		2,148			9,724			9,003
Tax adjustment in respect of different tax rate of foreign subsidiaries		(36	)		225			639
Non-deductible expenses and other permanent differences		368			143			(289	)
Share based compensation		1,210			1,004			541
Increase (decrease) in other uncertain tax positions, net		41			174			(639	)
Taxes related to prior years (see also note 14b)		347			(61	)		11,471
Losses and timing differences for which valuation allowance was provided, net		1,545			4,819			15,727
Others		(347	)		(480	)		(893	)

Actual tax expense	$	1,835		$	970		$	22,565

Fair Value Measurements - Schedule of Assets and Liabilities that were measured at Fair Value (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Assets:
Cash and cash equivalents	$ 35,003	$ 39,605
Short-term bank deposits	205,934	235,600
Marketable securities	271,023	280,495
Foreign currency derivative contracts		595
Total financial assets	511,960	556,295
Level 1 [Member]
Assets:
Cash and cash equivalents	35,003	39,605
Short-term bank deposits	205,934	235,600
Marketable securities
Foreign currency derivative contracts
Total financial assets	240,937	275,205
Level 2 [Member]
Assets:
Cash and cash equivalents
Short-term bank deposits
Marketable securities	271,023	280,495
Foreign currency derivative contracts		595
Total financial assets	271,023	281,090
Level 3 [Member]
Assets:
Cash and cash equivalents
Short-term bank deposits
Marketable securities
Foreign currency derivative contracts
Total financial assets

Accrued Expenses and Current Liabilities - Schedule of Accrued Expenses and Current Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Accrued Expenses and Current Liabilities [Abstract]
Accrued expenses	$ 10,789	$ 18,311
Government authorities	3,477	3,014
Warranty provision	1,052	1,323
Provision for returns	1,243	1,166
Total	$ 16,561	$ 23,814

Taxes on Income - Schedule of Unrecognized Tax Benefits (Details) - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2024

Dec. 31, 2023

Schedule of Unrecognized Tax Benefits [Abstract]

Beginning of year

$ 568

^[1]

$ 394

174

Balance at December 31(*)

^[1]

$ 609

$ 568

[1]	As of December 31, 2024 and 2023, unrecognized tax benefits in an amount of $256 in both years, were presented as a reduction from deferred taxes.

Accumulated Other Comprehensive Income (Loss) (Tables)

12 Months Ended

Dec. 31, 2024

Accumulated Other Comprehensive Income (Loss) [Abstract]

Schedule of Accumulated Balances Other Comprehensive Income (Loss)

The following table summarizes the changes in accumulated balances of other comprehensive income (loss), net of taxes, for the year ended December 31, 2024:

	Unrealized Gains (losses) on marketable securities			Unrealized Gains (losses) on cash flow hedges			Foreign currency translation adjustment		Total

Beginning balance	$	(8,604	)	$	594		$	800	$	(7,210	)
Other comprehensive income before reclassifications		7,100			(89	)		-		7,011
Amounts reclassified from accumulated other comprehensive income		(164	)		(505	)		-		(669	)

Net current period other comprehensive income		6,936			(594	)		-		6,342

Ending Balance	$	(1,668	)	$	-		$	800	$	(868	)

Taxes on Income - Schedule of Deferred Tax Liabilities and Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Deferred tax assets:
Carryforward tax losses	$ 19,463	$ 13,733
Share-based compensation expenses	3,357	2,697
Research and development carryforward expenses	2,597	3,329
Allowance and other reserves	5,975	7,812
Operating lease liabilities	2,662	3,340
Total gross deferred tax assets	34,054	30,911
Less, Valuation Allowance	(30,106)	(26,326)
Total deferred tax assets	3,948	4,585
Deferred tax liabilities:
Operating lease ROU assets	(2,721)	(3,184)
Intangible assets	(1,015)	(1,253)
Others	(212)	(148)
Total gross deferred tax liabilities	(3,948)	(4,585)
Net deferred tax assets (liabilities)

Audit Information	12 Months Ended
Audit Information	Dec. 31, 2024
Auditor [Table]
Auditor Name	KOST FORER GABBAY & KASIERER
Auditor Firm ID	1281
Auditor Location	Tel-Aviv, Israel
Auditor Opinion [Text Block]	Opinion on the Financial Statements We have audited the accompanying consolidated balance sheets of Kornit Digital Ltd. and subsidiaries (the “Company”) as of December 31, 2024 and 2023, the related consolidated statements of operations, comprehensive income (loss), shareholders’ equity and cash flows for each of the three years in the period ended December 31, 2024, and the related notes (collectively referred to as the “consolidated financial statements”). In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Company at December 31, 2024 and 2023, and the results of its operations and its cash flows for each of the three years in the period ended December 31, 2024, in conformity with U.S. generally accepted accounting principles. We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), the Company’s internal control over financial reporting as of December 31, 2024, based on criteria established in Internal Control—Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (2013 framework) and our report dated March 27, 2025 expressed an unqualified opinion thereon.

Segment and Geographic Information - Schedule of Revenue by Geographic Region (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Schedule of Revenue by Geographic Region [Line Items]
Total revenue	$ 203,825	$ 219,786	$ 271,518
Long-lived assets	78,276	74,687
U S [Member]
Schedule of Revenue by Geographic Region [Line Items]
Total revenue	115,034	123,550	138,515
Long-lived assets	13,340	2,560
EMEA [Member]
Schedule of Revenue by Geographic Region [Line Items]
Total revenue	50,089	60,706	93,243
Long-lived assets	14,937	13,279
Asia Pacific [Member]
Schedule of Revenue by Geographic Region [Line Items]
Total revenue	21,509	22,006	24,396
Long-lived assets	298	359
Other [Member]
Schedule of Revenue by Geographic Region [Line Items]
Total revenue	17,193	13,524	$ 15,364
Israel [Member]
Schedule of Revenue by Geographic Region [Line Items]
Long-lived assets	$ 49,701	$ 58,489

- Definition

+ References

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+ Details

Financial Income, Net - Schedule of Financial Income, Net (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Schedule of Financial Income, Net [Abstract]
Interest on bank deposits and other interest income	$ 15,924	$ 20,246	$ 6,586
Exchange rate differences, net			2,426
Realized gain on sale of marketable securities, net	164
Interest on marketable securities	7,537	7,343	6,465
Amortization of premium and accretion of discount on marketable securities, net	389
Total financial income	24,014	27,589	15,477
Bank charges	(247)	(236)	(265)
Exchange rate differences, net	(1,417)	(2,315)
Realized loss on sale of marketable securities, net		(134)	(10)
Amortization of premium and accretion of discount on marketable securities, net		(754)	(1,820)
Total financial expenses	(1,664)	(3,656)	(2,095)
Total financial income, net:	$ 22,350	$ 24,150	$ 13,382

Consolidated Balance Sheets (Parentheticals) $ in Thousands	Dec. 31, 2024 USD ($) shares	Dec. 31, 2024 ₪ / shares	Dec. 31, 2023 USD ($) shares	Dec. 31, 2023 ₪ / shares
Statement of Financial Position [Abstract]
Trade receivables, allowances (in Dollars) \| $	$ 9,243		$ 5,227
Ordinary shares, par value (in New Shekels per share) \| ₪ / shares		₪ 0.01		₪ 0.01
Ordinary shares, shares authorized	200,000,000		200,000,000
Ordinary shares, shares issued	51,036,338		50,371,684
Ordinary shares, shares outstanding	46,051,461		47,719,633
Treasury shares at cost	4,984,877		2,652,051

Significant Accounting Policies - Schedule of Property and Equipment on Straight-Line Basis Over Useful Life of Assets (Details)

Dec. 31, 2024

Computer and peripheral equipment [Member]

Schedule of Property and Equipment on Straight-Line Basis Over Useful Life of Assets [Line Items]

Property and equipment useful life of assets at annual rates

33.00%

Equipment on lease [Member]

Schedule of Property and Equipment on Straight-Line Basis Over Useful Life of Assets [Line Items]

Property and equipment useful life of assets at annual rates

14.00%

^[1]

Leasehold Improvements [Member]

Schedule of Property and Equipment on Straight-Line Basis Over Useful Life of Assets [Line Items]

Property and equipment useful life of assets at annual rates

^[2]

Building and land [Member]

Schedule of Property and Equipment on Straight-Line Basis Over Useful Life of Assets [Line Items]

Property and equipment useful life of assets at annual rates

^[3]

Minimum [Member] | Office furniture and equipment [Member]

Schedule of Property and Equipment on Straight-Line Basis Over Useful Life of Assets [Line Items]

Property and equipment useful life of assets at annual rates

7.00%

Minimum [Member] | Machinery and equipment [Member]

Schedule of Property and Equipment on Straight-Line Basis Over Useful Life of Assets [Line Items]

Property and equipment useful life of assets at annual rates

7.00%

Maximum [Member] | Office furniture and equipment [Member]

Schedule of Property and Equipment on Straight-Line Basis Over Useful Life of Assets [Line Items]

Property and equipment useful life of assets at annual rates

20.00%

Maximum [Member] | Machinery and equipment [Member]

Schedule of Property and Equipment on Straight-Line Basis Over Useful Life of Assets [Line Items]

Property and equipment useful life of assets at annual rates

33.00%

[1]	Equipment on lease is stated at cost, net of accumulated depreciation. Depreciation is calculated using the straight-line method over the estimated useful life of the equipment on lease, which was determined to be 7 years.
[2]	Leasehold improvements are amortized on a straight-line basis over the shorter of the lease term (including the extension option held by the Company and intended to be exercised) and the expected life of the improvement.
[3]	Building and land consist of land and an ink manufacturing plant. In September 2018, the Company purchased the land which includes long-term leasehold rights, with a lease term of 49 years, which may be renewed for an additional 49 years. The manufacturing plant useful life is 25 years.

Intangible Assets, Net (Tables)

12 Months Ended

Dec. 31, 2024

Intangible Assets, Net [Abstract]

Schedule of Intangible Assets

Intangible assets are comprised of the following:

	December 31,
	2024		2023
Original amount:
Acquired technology	$	10,534	$	10,534
License		1,000		1,000
Customer relationships		4,717		4,717
Non-competition agreement		974		974
Software development costs		1,320		1,320
Distribution rights		688		688

		19,233		19,233
Accumulated amortization:
Acquired technology		6,311		4,856
License		400		282
Customer relationships		4,081		3,816
Non-competition agreement		974		974
Software development costs		1,320		1,320
Distribution rights		426		338

		13,512		11,586

Intangible assets, net	$	5,721	$	7,647

Schedule of Future Amortization Expenses

Amortization expenses for future periods are as shown below:

Years ending December 31,	Amount

2025	$	1,539
2026		1,538
2027		1,537
2028		750
2029		324
2030		33

	$	5,721

Marketable Securities

12 Months Ended

Dec. 31, 2024

Marketable Securities [Abstract]

MARKETABLE SECURITIES

NOTE 3:- MARKETABLE SECURITIES

The following is a summary of marketable securities held as of December 31, 2024 and 2023:

	December 31, 2024
	Amortized cost		Gross unrealized gain		Gross unrealized loss			Fair value
Matures within one year:
Corporate debentures	$	215,040	$	81	$	(1,720	)	$	213,401
Government debentures		9,577		-		(41	)		9,536

		224,617		81		(1,761	)		222,937
Matures after one through four years:
Corporate debentures		48,074		180		(168	)		48,086
Government debentures		-		-		-			-

		48,074		180		(168	)		48,086

Total	$	272,691	$	261	$	(1,929	)	$	271,023

	December 31, 2023
	Amortized cost		Gross unrealized gain		Gross unrealized loss			Fair value
Matures within one year:
Corporate debentures	$	58,319	$	4	$	(1,031	)	$	57,292
Government debentures		-		-		-			-

		58,319		4		(1,031	)		57,292
Matures after one through four years:
Corporate debentures		222,766		179		(7,565	)		215,380
Government debentures		8,109		-		(286	)		7,823

		230,875		179		(7,851	)		223,203

Total	$	289,194	$	183	$	(8,882	)	$	280,495

Investments with continuous unrealized losses for less than 12 months and 12 months or greater and their related fair values, were as follows as of December 31, 2024 and 2023:

	December 31, 2024
	Less than 12 months					More than 12 months					Total
	Fair Value		Unrealized Losses			Fair value		Unrealized losses			Fair value		Unrealized losses

Corporate debentures	$	21,448	$	(63	)	$	167,324	$	(1,825	)	$	188,772	$	(1,888	)
Government debentures		-		-			8,062		(41	)		8,062		(41	)

Total	$	21,448	$	(63	)	$	175,386	$	(1,866	)	$	196,834	$	(1,929	)

	December 31, 2023
	Less than 12 months					More than 12 months					Total
	Fair value		Unrealized Losses			Fair value		Unrealized losses			Fair value		Unrealized losses

Corporate debentures	$	13,456	$	(73	)	$	226,925	$	(8,523	)	$	240,381	$	(8,596	)
Government debentures		-		-			7,823		(286	)		7,823		(286	)

Total	$	13,456	$	(73	)	$	234,748	$	(8,809	)	$	248,204	$	(8,882	)

Significant Accounting Policies

12 Months Ended

Dec. 31, 2024

Significant Accounting Policies [Abstract]

SIGNIFICANT ACCOUNTING POLICIES

NOTE 2:- SIGNIFICANT ACCOUNTING POLICIES

The consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States (“U.S. GAAP”).

Use of estimates:

Financial statements in United States dollars:

Principles of consolidation:

Cash equivalents:

Cash equivalents are short-term highly liquid investments that are readily convertible to cash with original maturities of three months or less, at acquisition. Short-term bank deposits are presented at their cost.

Short-term bank deposits:

Short-term bank deposits are deposits with an original maturity of more than three months but less than one year from the date of acquisition.

Marketable securities:

The Company does not intend to sell the investments, nor is it more likely than not that the Company will be required to sell the investments before recovery of their amortized cost bases.

Inventories:

Cost of inventories is determined as follows:

Raw materials and components - on a first-in, first-out cost basis. Finished goods - materials, on a first-in, first-out cost basis and other direct manufacturing costs.

Inventory provisions have been provided to cover risks arising from slow-moving items, technological obsolescence and excess inventories according to revenue forecasts.

During the years ended December 31, 2024, 2023 and 2022, the Company recorded inventory provisions and write-offs in a total amount of $4,607, $22,001 and $11,445, respectively.

Property, plant and equipment, net:

	%
Office furniture and equipment		7 - 20
Computer and peripheral equipment		33
Machinery and equipment		7 - 33
Equipment on lease (*)		14
Leasehold improvements		(**)
Building and land		(***)

(*)	Equipment on lease is stated at cost, net of accumulated depreciation. Depreciation is calculated using the straight-line method over the estimated useful life of the equipment on lease, which was determined to be 7 years.

The Company records a write-off provision for any excess, lost or damaged equipment when warranted based on an assessment of the equipment. Write-offs for equipment are included in cost of revenues.

Property, plant and equipment, net (Cont.)

(**)	Leasehold improvements are amortized on a straight-line basis over the shorter of the lease term (including the extension option held by the Company and intended to be exercised) and the expected life of the improvement.

(***)

Leases:

Lessee accounting:

Business combinations:

Goodwill:

During the years ended December 31, 2024, 2023 and 2022, no impairment of goodwill was recorded.

Intangible assets:

Impairment of long-lived assets:

Revenue recognition:

In cases where the Company’s customers trade-in old systems as part of a sale of new systems, the fair value of the old systems is recorded as inventory, provided that such value can be recovered.

Sales to the Company’s independent distributors accounted for approximately 9%, 13% and 19% of 2024, 2023 and 2022 revenues, respectively.

	2025		2026		2027 and thereafter

Service contracts and software subscriptions	$	4,404	$	18	$	-

Shipping and Handling:

Shipping and handling fees charged to the Company’s customers are recognized as revenue in the period shipped and the related costs for providing these services are recorded as a cost of revenue.

Cost of revenues:

Warranty costs:

The following are the changes in the liability for product warranty from January 1, 2023 to December 31, 2024:

Balance at January 1, 2023	$	1,918

Additions and adjustments to cost of revenues		2,492
Reduction for payments and costs to satisfy claims		(3,087	)
Balance at December 31, 2023	$	1,323

Additions and adjustments to cost of revenues		1,761
Reduction for payments and costs to satisfy claims		(2,032	)

Balance at December 31, 2024	$	1,052

Research and development expenses, net:

Research and development expenses, net of government grants, are charged to the statement of operations, as incurred, except for development expenses which are capitalized as described in note 2s.

Internal use software:

Implementation costs incurred in a cloud computing arrangements that is a service contract:

Deferred implementation costs incurred in CCA amounted to $10,073, and $7,424 as of December 31, 2024 and 2023, respectively. Amortization of the implementation costs commenced on January 1, 2023.

Amortization expenses of the implementation costs for the years ended December 31, 2024, and 2023 were $1,366, and $848, respectively.

Accounting for share-based compensation:

	Year ended December 31,
	2024	2023	2022

Suboptimal exercise multiple	2.8	2.8	2.8
Risk free interest rate	4.01%-3.82%	4.26%-4.30%	3.02%-4.09%
Volatility	58.29%-62.88%	57.75%-60.75%	58.67%-69.13%
Dividend yield	0%	0%	0%

Derivatives and hedging:

Derivative instruments notional amounts:

The following table summarizes the notional amounts for hedged items:

	December 31,
	2024		2023

Designated cash flow hedges		-	$	38,465
Non-designated hedges		-		491
		-	$	38,956

Derivative instrument outstanding:

Derivative instrument gains and losses

The following table sets forth the expense (income) from derivatives instruments included in the consolidated statements of operations and reclassified from other comprehensive income:

	Year ended December 31,
	2024			2023		2022

Cost of revenues	$	(105	)	$	814	$	674
Research and development		(240	)		1,144		1,029
Sales and marketing		(63	)		368		365
General and administrative		(96	)		548		481

The maximum length of time over which the Company hedges its exposure to the variability in future cash flows for forecasted transactions is less than 12 months.

Income taxes:

Concentrations of credit risks:

Transfers of financial assets:

Severance pay:

Severance expenses for the years ended December 31, 2024, 2023 and 2022 were $3,066, $3,144 and $3,554, respectively.

aa.

Fair value of financial instruments:

The hierarchy is broken down into three levels based on the inputs as follows:

Level 1 -

Valuations based on quoted prices (unadjusted) in active markets for identical assets or liabilities that the Company can access at the measurement date.

Level 2 -

Valuations based on one or more quoted prices in markets that are not active or for which all significant inputs are observable, either directly or indirectly.

Level 3 -

Valuations based on inputs that are unobservable and significant to the overall fair value measurement.

The fair value hierarchy also requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value.

ab.

Basic and diluted earnings (losses) per share:

ac.

Segment reporting:

ad.

Restructuring:

The Company substantially completed these actions by March 27, 2025.

A summary of the restructuring charges for the year ended December 31, 2024 and 2023 by major activity type is as follows:

	December 31, 2024
	Employee termination costs		Write-off		Others		Total

Cost of product revenues	$	894	$	789	$	-	$	1,683
Cost of service revenues		298		-		-		298
Research and development		235		-		-		235
Sales and marketing		190		-		-		190
General and administrative		437		-		-		437
	$	2,054	$	789	$	-	$	2,843

	December 31, 2023
	Employee termination costs		Write-off		Others		Total

Cost of product revenues	$	147	$	5,510	$	-	$	5,657
Cost of service revenues		433		5,499		-		5,932
Research and development		283		598		-		881
Sales and marketing		719		-		2,211		2,930
General and administrative		597		3,378		-		3,975

	$	2,179	$	14,985	$	2,211	$	19,375

For the year ended December 31, 2023, the Company recorded $11,009 of inventory write-off in cost of revenues as a result.

ae.

Recently adopted accounting pronouncements

af.

Recently issued accounting pronouncements

Commitments and Contingent Liabilities (Details) $ in Thousands	Dec. 31, 2024 USD ($)
Commitments and Contingent Liabilities [Line Items]
Purchase commitments	$ 47,072
Nine Bank Guarantees [Member]
Commitments and Contingent Liabilities [Line Items]
Total guarantees amount	$ 871

Shareholders' Equity

12 Months Ended

Dec. 31, 2024

Shareholders’ Equity [Abstract]

SHAREHOLDERS’ EQUITY

NOTE 10:- SHAREHOLDERS’ EQUITY

Company’s shares:

Ordinary shares:

Any ordinary share confers equal rights to dividends and bonus shares and to participate in the distribution of surplus assets upon liquidation in proportion to the par value of each share regardless of any premium paid thereon, all subject to the provisions of the Company’s articles of association. Each ordinary share confers its holder the right to participate the general meetings of the shareholders of the Company, with one vote on any matter presented to the shareholders.

Treasury shares:

On August 10, 2022, the Company’s Board of Directors approved a share repurchase program to repurchase up to $75,000 of its ordinary shares, subject to Israeli court approval and in accordance with required regulation. On September 9, 2024, the Board of Directors authorized an additional share repurchase program (“September 2024 Share Repurchase Program”) under which an additional amount of up to $100,000 of the Company’s ordinary shares could be repurchased, subject to the Company’s providing the required notification to creditors in accordance with Israeli regulations (collectively, the August 2022 and September 2024 approved repurchase programs, the “Share Repurchase Program”).

As part of the September 2024 portion of the Share Repurchase Program, on November 10, 2024, the Company entered into an accelerated share repurchase agreement (the “ASR Agreement”) with Goldman Sachs International (“GSI”) to repurchase $75,000 of the Company’s ordinary shares. Pursuant to the ASR Agreement, the Company made a payment of $75,000 to GSI in November 2024 and received in 2024 initial aggregate deliveries of 1,825,901 ordinary shares (the “Initial Shares”) from GSI pursuant to the agreement. The repurchases under the ASR Agreement were accounted for as an equity transactions.

In February 2025, the Company completed the remaining repurchase transactions contemplated by the ASR Agreement, pursuant to which an additional 641,305 ordinary shares (the “Final Shares”) were delivered by GSI to the Company and repurchased by the Company. The total number of shares repurchased under the ASR Agreement was 2,467,206 at an average cost per share of $30.40, based on the volume-weighted average share price of the Company’s ordinary share during the calculation period under the ASR Agreement.

At the times at which the Initial Shares and the Final Shares were received and repurchased, the repurchases resulted in an immediate reduction of the outstanding number of shares of the Company used to calculate the weighted average number of ordinary shares for basic and diluted earnings per share.

During the years ended December 31, 2024 and 2023, pursuant to the Share Repurchase Program, the Company repurchased, an aggregate of 2,332,826 and 2,652,051 ordinary shares, respectively, which included both open market repurchases and, in the case of 2024, repurchases under the ASR Agreement, at total costs of $65,921 and $55,770, respectively.

As of December 31, 2024, $25,000 remained available under the September 2024 Share Repurchase Program for potential open market repurchases.

Share option and RSU’s plans:

The Company’s Board of Directors has approved equity incentive plans pursuant to which the Company is authorized to issue to employees, directors and officers of the Company and its subsidiaries (the “optionees”) options to purchase ordinary shares of the Company, at an exercise price equal to at least the fair market value of the ordinary shares at the date of grant. The terms of option grants generally provide that 25% of total options are exercisable one year after the grant or vesting start date determined for each optionee and a further 6.25% is exercisable at the end of each subsequent three-month period over the following 3 years. Options are exercisable for up to 10 years from the grant date. Options that are cancelled or forfeited before expiration become available for future grants.

Under the Company equity incentive plans, beginning in 2017, the Company grants RSUs, including PSUs. The RSUs generally vest over a period of four years of employment and PSUs vest also based on the Company’s share performance. RSUs that are cancelled or forfeited become available for future grants.

During December 2024, the Company’s board of directors approved an increase of 672,132 shares to the number of ordinary shares reserved for issuance under the Company’s equity incentive plans. As of December 31, 2024, an aggregate of 2,122,421 ordinary shares were available for future grants under those plans.

A summary of the Company’s share option activity and related information is as follows:

	Number of shares upon exercise			Weighted average exercise price		Weighted- average remaining contractual term (in years)		Aggregate intrinsic value

Outstanding at beginning of year		631,675		$	49.32		5.83	$	1,039
Granted		65,036			16.48		-		-
Exercised		(61,441	)		11.63		-		1,069
Forfeited		(41,349	)		21.24		-		-

Outstanding at end of year		593,921		$	46.95		5.55	$	4,516

Exercisable at end of year		421,971		$	47.37		4.37	$	3,206

As of December 31, 2024, the Company had $3,595 of unrecognized compensation expense related to non-vested share options expected to be recognized over a weighted average period of 1.71 years.

The weighted average fair value of options granted during the years ended December 31, 2024, 2023 and 2022 was $9.61, $12.88 and $47.06 per share, respectively. The total intrinsic value of options exercised during the years ended December 31, 2024, 2023 and 2022 was $1,069, $163 and $1,086, respectively.

A summary of the Company’s RSU activity is as follows:

	Number of RSUs

Unvested at beginning of year		1,674,902
Granted		1,412,810
Vested		(603,213	)
Forfeited		(325,776	)

Unvested at the end of the year		2,158,723

The weighted average fair value at grant date of RSU’s granted for the years ended December 31, 2024, 2023 and 2022 was $20.27, $20.11 and $43.65, respectively. The total fair value of RSUs vested during the year ended December 31, 2024, was $12,232.

The weighted average fair value of RSUs vested during the years ended December 31, 2024, 2023 and 2022 was $31.10, $52.27 and $57.98, respectively.

The weighted average fair value of RSUs forfeited during the years ended December 31, 2024, 2023 and 2022 was $24.35, $33.19 and $68.19, respectively.

As of December 31, 2024 and 2023, the weighted average fair value of the unvested RSUs was $20.25 and $28.51, respectively.

As of December 31, 2024, the Company had $36,947 of unrecognized compensation expenses related to RSUs, expected to be recognized over a weighted average period of 2.48 years.

As of December 31, 2024, an aggregate of 326,001 PSUs were included in the unvested RSUs amount.

The following table sets forth the total share-based compensation expense included in the consolidated statements of operations for the years ended December 31, 2024, 2023 and 2022:

	Year Ended December 31,
	2024		2023		2022

Cost of products	$	2,018	$	2,356	$	2,185
Cost of services		1,703		1,758		1,676
Research and development, net		5,310		5,759		5,312
Sales and marketing		6,228		6,689		7,361
General and administrative		6,497		6,027		6,115

Total share-based compensation expenses	$	21,756	$	22,589	$	22,649

On January 10, 2017, the Company signed a master purchase agreement with Amazon Inc. (the “Agreement”) under which warrants to purchase ordinary shares of the Company were issued to Amazon as a customer incentive, subject to vesting as a function of payments for purchased products and services. As of December 31, 2024, all of the warrants under that original Agreement had been exercised.

On September 14, 2020, the Company signed an amendment to the master purchase agreement (the “Amended Agreement”) with Amazon Inc. under which an additional 3,401,028 warrants to purchase ordinary shares of the Company at an exercise price of $59.26 were issued to Amazon. The warrants are subject to vesting as a function of payments for purchased products and services of up to $400, including $250 million in respect of specific existing products and services (“Old Business”) and $150 million in respect of new products (“New Business”). The warrants are exercisable over a five-year period beginning in January 2021, with the shares vesting incrementally each time Amazon makes a payment totaling $5 million to the Company. As of December 31, 2024, 1,943,445 warrants are exercisable under the Purchase Agreement, all related to the Old Business. As of December 31,2024, warrants in respect of the Old Business were fully vested.

The fair value of the warrants was measured on the grant date using the Monte Carlo simulation with assumptions of a risk-free rate of 0.4%, volatility rate of 52%, dividend yield of 0% and an expected term of 5.32 years.

The Company recognized a reduction to revenues of $3,273, $13,842 and $22,500 during the years ended December 31, 2024, 2023 and 2022, respectively, in respect of the warrants granted to Amazon.

Taxes on Income - Schedule of Effective Income Tax Rate Reconciliation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Schedule of Effective Income Tax Rate Reconciliation [Abstract]
Loss before taxes, as reported in the consolidated statements of operations	$ (14,965)	$ (63,381)	$ (56,500)
Theoretical tax benefit at the Israeli statutory tax rate	(3,441)	(14,578)	(12,995)
Beneficiary enterprise income	2,148	9,724	9,003
Tax adjustment in respect of different tax rate of foreign subsidiaries	(36)	225	639
Non-deductible expenses and other permanent differences	368	143	(289)
Share based compensation	1,210	1,004	541
Increase (decrease) in other uncertain tax positions, net	41	174	(639)
Taxes related to prior years (see also note 14b)	347	(61)	11,471
Losses and timing differences for which valuation allowance was provided, net	1,545	4,819	15,727
Others	(347)	(480)	(893)
Actual tax expense	$ 1,835	$ 970	$ 22,565

Accumulated Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2024

Accumulated Other Comprehensive Income (Loss) [Abstract]

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

NOTE 12:- ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The following table summarizes the changes in accumulated balances of other comprehensive income (loss), net of taxes, for the year ended December 31, 2024:

	Unrealized Gains (losses) on marketable securities			Unrealized Gains (losses) on cash flow hedges			Foreign currency translation adjustment		Total

Beginning balance	$	(8,604	)	$	594		$	800	$	(7,210	)
Other comprehensive income before reclassifications		7,100			(89	)		-		7,011
Amounts reclassified from accumulated other comprehensive income		(164	)		(505	)		-		(669	)

Net current period other comprehensive income		6,936			(594	)		-		6,342

Ending Balance	$	(1,668	)	$	-		$	800	$	(868	)

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Cash flows from operating activities:
Net loss	$ (16,800)	$ (64,351)	$ (79,065)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation and amortization	13,047	14,700	13,565
Restructuring and other charges	1,172	19,080	708
Fair value of warrants deducted from revenues	3,273	13,842	22,500
Share based compensation	21,756	22,589	22,649
Amortization of premium and accretion of discount on marketable securities, net	(389)	756	1,820
Realized loss (gain) on sale of marketable securities	(164)	134	10
Change in operating assets and liabilities:
Trade receivables, net	28,173	(19,220)	(15,891)
Inventories, net	3,005	11,028	(29,004)
Deposits and other long-term assets	(2,333)	(2,282)	(4,251)
Prepaid expenses and other current assets	2,832	(6,492)	(8,635)
Deferred taxes		(544)	8,530
Decrease in operating leases right-of-use assets	4,280	5,173	182
Decrease in operating lease liabilities	(4,782)	(5,352)	(3,100)
Trade payables	2,150	(6,491)	(26,948)
Employees and payroll accruals	2,456	(1,089)	(7,674)
Deferred revenues and customers’ advances	181	(4,990)	(1,426)
Accrued expenses and other current liabilities	(9,020)	(10,547)	6,482
Accrued severance pay, net	(52)	(152)	(237)
Other non-current liabilities	(60)	(474)	13
Loss from sale and disposal of property, plant and equipment			425
Net cash provided by (used in) operating activities	48,725	(34,682)	(99,347)
Cash flows from investing activities:
Purchase of property, plant and equipment	(15,140)	(7,006)	(18,042)
Acquisition of intangible assets and capitalization of software development costs			(308)
Proceeds from sale of property, plant and equipment			71
Investment in equity securities			(820)
Cash paid in connection with acquisition, net of cash acquired			(14,654)
Proceeds from (investment in) short-term bank deposits, net	29,666	39,433	(265,865)
Proceeds from sale of marketable securities	22,994	7,240	1,945
Proceeds from maturity of marketable securities	56,641	20,522	27,898
Investment in marketable securities	(62,673)	(33,977)	(137,500)
Net cash provided by (used in) investing activities	31,488	26,212	(407,275)
Cash flows from financing activities:
Exercise of employee stock options	716	293	619
Payment of withholding taxes related to exercise of share-based awards	(1,476)	(1,045)	(951)
Repurchase of ordinary shares	(84,055)	(55,770)
Net cash used in financing activities	(84,815)	(56,522)	(332)
Decrease in cash and cash equivalents	(4,602)	(64,992)	(506,954)
Cash and cash equivalents at the beginning of the period	39,605	104,597	611,551
Cash and cash equivalents at the end of the period	35,003	39,605	104,597
Supplemental disclosure of cash flow information
Cash paid during the year for income taxes	1,841	1,947	13,171
Non-cash investing and financing activities:
Purchase of property, plant and equipment	247	314	1,692
Inventory transferred to be used as property, plant and equipment, net, and equipment on lease	4,732	531	6,792
Property, plant and equipment transferred to be used as inventory	367	865
Right-of-use asset recognized with corresponding lease liability	$ (448)	$ 2,934	$ 7,585

Intangible Assets, Net - Schedule of Future Amortization Expenses (Details) $ in Thousands	Dec. 31, 2024 USD ($)
Schedule of Future Amortization Expenses [Abstract]
2025	$ 1,539
2026	1,538
2027	1,537
2028	750
2029	324
2030	33
Amortization expenses	$ 5,721

Statements of Shareholders' Equity - USD ($) $ in Thousands	Ordinary shares	Treasury shares at cost	Additional paid in capital	Accumulated other comprehensive income (loss)	Retained earnings (accumulated deficit)	Total
Beginning Balance at Dec. 31, 2021	$ 133		$ 875,367	$ 571	$ 43,482	$ 919,553
Beginning Balance (in Shares) at Dec. 31, 2021	49,619,782
Exercise of options and vesting of restricted stock units	$ 1		829			830
Exercise of options and vesting of restricted stock units (in Shares)	333,833
Share-based compensation			22,999			22,999
Warrants to customers			22,500			22,500
Other comprehensive income (loss)				(17,995)		(17,995)
Net income (loss)					(79,065)	(79,065)
Ending Balance at Dec. 31, 2022	$ 134		921,695	(17,424)	(35,583)	868,822
Ending Balance (in Shares) at Dec. 31, 2022	49,953,615
Exercise of options and vesting of restricted stock units			321			321
Exercise of options and vesting of restricted stock units (in Shares)	418,069
Share-based compensation			22,589			22,589
Warrants to customers			13,842			13,842
Purchase of treasury shares		(55,770)				(55,770)
Purchase of treasury shares (in Shares)	(2,652,051)
Other comprehensive income (loss)				10,214		10,214
Net income (loss)					(64,351)	(64,351)
Ending Balance at Dec. 31, 2023	$ 134	(55,770)	958,447	(7,210)	(99,934)	$ 795,667
Ending Balance (in Shares) at Dec. 31, 2023	47,719,633					47,719,633
Exercise of options and vesting of restricted stock units			716			$ 716
Exercise of options and vesting of restricted stock units (in Shares)	664,654
Share-based compensation			21,756			21,756
Warrants to customers			3,273			3,273
Purchase of treasury shares		(65,921)	(18,134)			(84,055)
Purchase of treasury shares (in Shares)	(2,332,826)
Other comprehensive income (loss)				6,342		6,342
Net income (loss)					(16,800)	(16,800)
Ending Balance at Dec. 31, 2024	$ 134	$ (121,691)	$ 966,058	$ (868)	$ (116,734)	$ 726,899
Ending Balance (in Shares) at Dec. 31, 2024	46,051,461					46,051,461

Earnings (Losses) Per Share - Schedule of Basic and Diluted Earnings (Losses) Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Numerator for basic and diluted earnings (losses) per share:
Net Income (Loss)	$ (16,800)	$ (64,351)	$ (79,065)
Weighted average ordinary shares outstanding:
Denominator for basic losses per share	47,482,820	49,160,266	49,791,659
Effect of dilutive securities:
Employee share options, RSUs, PSUs and Warrants
Denominator for diluted losses per share	47,482,820	49,160,266	49,791,659
Basic losses per share (in Dollars per share)	$ (0.35)	$ (1.31)	$ (1.59)
Diluted losses per share (in Dollars per share)	$ (0.35)	$ (1.31)	$ (1.59)

- Definition

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

+ References

+ Details

- Definition

The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

+ References

+ Details

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

+ Details

Inventories, Net (Tables)

12 Months Ended

Dec. 31, 2024

Inventories, net [Line items]

Schedule of Inventories

	December 31,
	2024		2023

Raw materials and components	$	32,475	$	28,331
Finished goods (*)		27,867		39,381

	$	60,342	$	67,712

(*)	Includes amounts of $1,100 and $367 as of December 31, 2024 and 2023, respectively, with respect to inventory delivered to customers for which revenue was not yet recognized.

Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2024

Fair Value Measurements [Abstract]

Schedule of Assets and Liabilities that were measured at Fair Value

The table below sets forth the Company’s assets and liabilities that were measured at fair value as of December 31, 2024 and 2023 by level within the fair value hierarchy.

	December 31, 2024
	Level 1		Level 2		Level 3		Total
Assets:

Cash and cash equivalents	$	35,003		-		-	$	35,003
Short-term bank deposits		205,934		-		-		205,934
Marketable securities		-		271,023		-		271,023

Total financial assets	$	240,937	$	271,023		-	$	511,960

	December 31, 2023
	Level 1		Level 2		Level 3		Total
Assets:

Cash and cash equivalents	$	39,605		-			$	39,605
Short-term bank deposits		235,600		-		-		235,600
Marketable securities		-		280,495		-		280,495
Foreign currency derivative contracts		-		595				595

Total financial assets	$	275,205	$	281,090		-	$	556,295

Commitments and Contingent Liabilities

12 Months Ended

Dec. 31, 2024

Commitments and Contingent liabilities [Abstract]

COMMITMENTS AND CONTINGENT LIABILITIES

NOTE 9:- COMMITMENTS AND CONTINGENT LIABILITIES

Purchase commitments:

As of December 31, 2024, the Company had $47,072 of purchase commitments for goods and services from vendors. These commitments are due primarily within one year.

Litigation:

During February 2023, two securities class action complaints were filed by certain shareholders of the Company in U.S. federal court in New Jersey against the Company, certain of the Company’s current and former officers and directors, the underwriters of the November 19, 2021 follow-on public offering and Amazon (which sold shares in that public offering), as defendants. The complaints assert claims under certain sections of the Exchange Act and seeks unspecified damages.

On August 30, 2023, the U.S. federal court in New Jersey granted an unopposed motion to consolidate the two actions, to appoint certain plaintiffs as lead plaintiffs, and to appoint a lead counsel.

On October 27, 2023, the lead plaintiffs filed a consolidated complaint, alleging that, between February 2021 and July 2023, the Company made misrepresentations and omissions in its public statements and disclosures in violation of the Exchange Act and Rule 10b-5 promulgated thereunder. On December 21, 2023, the defendants moved to dismiss the consolidated complaint. The lead plaintiffs filed an opposition to Defendants’ motion to dismiss on February 16, 2024.

On August 15, 2024, the Court held an oral hearing on defendants’ motion to dismiss, following which it granted the defendants’ motion, dismissing the complaint in its entirety, without prejudice. Plaintiffs filed an amended complaint on November 8, 2024. On January 24, 2025, defendants moved to dismiss the amended complaint. Plaintiffs filed an opposition to defendants’ motion to dismiss on March 10, 2025, and defendants intend to file replies in support of the motion to dismiss in 2025.

The Company believes these lawsuits are without merit and has been defending against these cases vigorously. As of the date hereof, the Company is unable to estimate a range of loss, if any, that could result were there to be adverse final decisions in these cases, and estimated liabilities have not been recorded in the consolidated financial statements.

From time to time, the Company is party to various legal proceedings, claims and litigation that arise in the normal course of business. It is the opinion of management that the ultimate outcome of these matters will not have a material adverse effect on the Company’s financial position, results of operations or cash flows.

Guarantees:

As of December 31, 2024, the Company provided nine bank guarantees in a total amount of $871 primarily for its rented facilities.

Intangible Assets, Net (Details) - USD ($) $ in Thousands	12 Months Ended
Intangible Assets, Net (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2021
Intangible Assets, Net [Abstract]
Amortization expenses	$ 1,926	$ 2,243	$ 2,982

Property, Plant and Equipment, Net (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Property, Plant and Equipment, Net [Line Items]
Depreciation expenses	$ 11,121	$ 14,852	$ 10,583
Restructuring [Member]
Property, Plant and Equipment, Net [Line Items]
Depreciation expenses		$ 2,395

Taxes on Income

12 Months Ended

Dec. 31, 2024

Taxes on Income [Abstract]

TAXES ON INCOME

NOTE 14:- TAXES ON INCOME

Tax rates:

Taxable income of the Company and its Israeli subsidiary is subject to Israeli corporate tax at the rate of 23%. The Company and its Israeli subsidiary are also eligible for tax benefits as further described in note 14b.

Tax benefits under the Law for the Encouragement of Capital Investments, 1959 (the “Law”):

The Company’s production facilities in Israel have been granted “Beneficiary Enterprise” status under the Law. The Company and its Israeli subsidiary have been granted benefits under the “Alternative Benefit Track” under which the main benefits are a tax exemption for undistributed income and a reduced tax rate.

The Company and its Israeli subsidiary began to utilize such tax benefits in 2010. The entitlement to the above benefits was limited to the end of 2019, and was conditional upon the Company and its Israeli subsidiary fulfilling the conditions stipulated by the Law and related regulations. In the event of failure to comply with these conditions, the benefits may be partially or fully canceled and the Company or its Israeli subsidiary may be required to refund the amount of the benefits, in whole or in part, plus a consumer price index linkage adjustment and interest.

In the event of distribution of any dividends, the amount distributed which is allocated to the above-mentioned tax-exempt income, on a prorate basis, will be subject to the same reduced corporate tax rate that would have been applied to the Beneficiary Enterprise’s income.

In addition, tax-exempt income attributed to the Beneficiary Enterprise will subject the Company to taxes upon distribution in any manner including complete liquidation.

On November 15, 2021, a new amendment of the Law was enacted harshening the rules with respect to determining the profits from which a dividend was distributed and providing that part of any dividend distribution will be deemed as distributed from the Trapped Profits, according to a certain formula. The Israeli government agreed to grant relief of 30%-60% on the amount of tax which should have been paid on distributable earnings in order to encourage companies to pay the reduced taxes during the next 12 months (the “Temporary Order”). The Temporary Order provides partial relief from Israeli corporate income tax for companies which opt to enjoy the privilege, on a linear basis: greater release of “trapped” earnings will result in a higher relief from corporate income tax. According to the new linear statutory formula, the corporate income tax to be paid, would vary from 6% to 17.5% effective tax rate (depends on the company’s corporate tax rate in the year in which the income was derived and the amount of “trapped” retained earnings elected to be relieved), without taking into account the 20% dividend withholding tax (which should be levied only upon actual distribution, if any). The reduced corporate tax is payable within 30 days of making the election. The new Temporary Order does not require the actual distribution of the retained earnings, nor does it provide any relief from the 20% dividend withholding tax.

The partial corporate income tax relief was available to companies that elected to implement the temporary reduced tax relief by November 15, 2023 in respect of its exempt retained earnings, provided that up to 30% (the exact rate is calculated by a new statutory formula) of the “released” earnings are re-invested in Israel in at least one of the following: Industrial activities, Research and development activities, Assets used by the company, salaries of newly recruited employees, for a period of up to 5 years.

During November 2022, the Company applied the Temporary Order to its exempt profits accrued prior to 2022 by the Company and its Israeli subsidiary. Consequently, the Company paid $11,485 corporate tax on exempt income of $133,751.

The Company’s Israeli subsidiary elected to apply the Preferred Enterprise regime under the January 2011 amendment to the Law as of the 2013 tax year. The election is irrevocable. Under the Preferred Enterprise regime, a preferred income of an Enterprise located in the center of Israel is subject to the tax rate of 16%.

The 2017 Amendment provides that a technology company satisfying certain conditions will qualify as a Preferred Technology Enterprise and will thereby enjoy a reduced corporate tax rate of 12% on income that qualifies as “Preferred Technology Income”, as defined in the Law. The tax rate is further reduced to 7.5% for a Preferred Technology Enterprise located in development zone A. These corporate tax rates shall apply only with respect to the portion of the Preferred Technology Income derived from R&D developed in Israel. In addition, a Preferred Technology Company will enjoy a reduced corporate tax rate of 12% on capital gain derived from the sale of certain “Benefitted Intangible Assets” (as defined in the Law) to a related foreign company if the Benefitted Intangible Assets were acquired from a foreign company on or after January 1, 2017 for at least NIS 200 million, and the sale receives prior approval from the National Authority for Technological Authority (previously known as the Israeli Office of the Chief Scientist), referred to as the Innovation Authority.

Dividends distributed by a Preferred Technology Enterprise, paid out of Preferred Technology Income, are generally subject to withholding tax at source at the rate of 20% or such lower rate as may be provided in an applicable tax treaty (subject to the receipt in advance of a valid certificate from the Israel Tax Authority allowing for a reduced tax rate). However, if such dividends are paid to an Israeli company, no tax is required to be withheld (although, if such dividends are subsequently distributed from such Israeli company to individuals or a non-Israeli company, withholding tax at a rate of 20% or such lower rate as may be provided in an applicable tax treaty will apply).

The Company and its Israeli subsidiary believe they meet the conditions for “Preferred Technological Enterprises”, and are subject to a tax rate of 12% on income that qualifies as “Preferred Technology Income”, as defined in the Law. The tax rate for a Preferred Technological Enterprises located in development zone A is 7.5%.

From time to time, the Israeli Government discusses reducing the benefits available to companies under the Law. The termination or substantial reduction of any of the benefits available under the Law could materially increase the Company’s tax liabilities.

Tax benefits under the Israeli Law for the Encouragement of Industry (Taxation), 1969:

Each of the Company and its Israeli subsidiary is an “Industrial Company” as defined by the Israeli Law for the Encouragement of Industry Taxation), 1969, and, as such, is entitled to certain tax benefits including accelerated depreciation, deduction of public offering expenses in three equal annual installments and amortization of other intangible property rights for tax purposes. In addition, these Israeli companies are eligible to submit consolidated tax returns, allowing the offsetting of losses between the entities.

Income taxes of non-Israeli subsidiaries:

The Company’s non-Israeli subsidiaries are taxed according to the tax laws in their respective countries of residence.

Taxes were not provided for undistributed earnings of the Company’s foreign subsidiaries. The Company’s board of directors has determined that the Company does not currently intend to distribute any amounts of its undistributed earnings as a dividend. The Company intends to reinvest these earnings indefinitely in the foreign subsidiaries. Accordingly, no deferred income taxes have been provided. If these earnings were distributed into Israel in the form of dividends or otherwise, the Company would be subject to additional Israeli income taxes (subject to an adjustment for foreign tax credits) and foreign withholding taxes.

The amount of undistributed earnings of foreign subsidiaries that are considered to be reinvested as of December 31, 2024 was $14,476. If these undistributed earnings are distributed, they would be taxed at the corporate tax rate applicable to such income, and $2,529 of additional taxes would be incurred as of December 31, 2024.

Tax assessments:

The Company and its Israeli subsidiary received final tax assessments through 2021. The U.S subsidiary, Tesoma GmbH and German subsidiary received final tax assessments through 2018, 2019 and 2020, respectively, and the Hong Kong, Japan and U.K subsidiaries have not received a final tax assessment since inception.

Carryforward losses for tax purposes:

As of December 31, 2024, the Company and its Israeli subsidiary have carryforward tax losses of approximately $201,526, which can be carried forward indefinitely.

As of December 31, 2024, Custom Gateway Ltd has carryforward tax losses of approximately $9,286.

As of December 31, 2024, Tesoma GmbH has carryforward tax losses of approximately $7,114.

Deferred income taxes:

Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Significant components of the Company’s and its subsidiaries’ deferred tax liabilities and assets are as follows:

	December 31,
	2024			2023

Deferred tax assets:
Carryforward tax losses	$	19,463		$	13,733
Share-based compensation expenses		3,357			2,697
Research and development carryforward expenses		2,597			3,329
Allowance and other reserves		5,975			7,812
Operating lease liabilities		2,662			3,340

Total gross deferred tax assets		34,054			30,911

Less, Valuation Allowance		(30,106	)		(26,326	)

Total deferred tax assets		3,948			4,585

Deferred tax liabilities:
Operating lease ROU assets		(2,721	)		(3,184	)
Intangible assets		(1,015	)		(1,253	)
Others		(212	)		(148	)

Total gross deferred tax liabilities		(3,948	)		(4,585	)

Net deferred tax assets (liabilities)	$	-		$	-

In assessing the ability to realize deferred tax assets, the Company considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. Based on the available evidence, management believes that it is more likely than not that its deferred tax assets will not be realized and , accordingly, a valuation allowance has been provided.

Loss before income taxes is comprised as follows:

	Year Ended December 31,
	2024			2023			2022

Domestic	$	(13,859	)	$	(62,734	)	$	(58,085	)
Foreign		(1,106	)		(647	)		1,585

Loss before income taxes	$	(14,965	)	$	(63,381	)	$	(56,500	)

Taxes on income (tax benefits) are comprised as follows:

	Year Ended December 31,
	2024		2023			2021

Current taxes	$	1,835	$	1,463		$	12,619
Deferred taxes		-		(493	)		9,946

	$	1,835	$	970		$	22,565

Domestic	$	117	$	(16	)	$	20,400
Foreign		1,718		986			2,165

	$	1,835	$	970		$	22,565

	Year Ended December 31,
	2024		2023			2022
Domestic taxes:

Current taxes	$	117	$	174		$	11,119
Deferred taxes		-		(190	)		9,281

		117		(16	)		20,400

Foreign taxes:

Current taxes		1,718		1,289			1,500
Deferred taxes		-		(303	)		665

		1,718		986			2,165

Taxes on income	$	1,835	$	970		$	22,565

Uncertain tax positions:

A reconciliation of the beginning and ending amount of gross unrecognized tax benefits is as follows:

	December 31,
	2024		2023

Beginning of year	$	568	$	394
Additions related to tax positions taken during current year		41		174


Balance at December 31(*)	$	609	$	568

(*)	As of December 31, 2024 and 2023, unrecognized tax benefits in an amount of $256 in both years, were presented as a reduction from deferred taxes.

The amount of the unrecognized tax benefits could affect the Company’s income tax provision and the effective tax rate.

Exchange rate differences are recorded within financial income, net, while interest is recorded within income tax expense.

The final tax outcome of the Company’s tax audits could be different from that which is reflected in the Company’s income tax provisions and accruals. Such differences could have a material effect on the Company’s income tax provision and net income in the period in which such determination is made.

	Year Ended December 31,
	2024			2023			2022

Loss before taxes, as reported in the consolidated statements of operations	$	(14,965	)	$	(63,381	)	$	(56,500	)

Theoretical tax benefit at the Israeli statutory tax rate		(3,441	)		(14,578	)		(12,995	)
Beneficiary enterprise income		2,148			9,724			9,003
Tax adjustment in respect of different tax rate of foreign subsidiaries		(36	)		225			639
Non-deductible expenses and other permanent differences		368			143			(289	)
Share based compensation		1,210			1,004			541
Increase (decrease) in other uncertain tax positions, net		41			174			(639	)
Taxes related to prior years (see also note 14b)		347			(61	)		11,471
Losses and timing differences for which valuation allowance was provided, net		1,545			4,819			15,727
Others		(347	)		(480	)		(893	)

Actual tax expense	$	1,835		$	970		$	22,565

- Definition

The entire disclosure for income tax.

+ References

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+ Details

Significant Accounting Policies - Schedule of Fair Value Method for Stock Options Awards (Details) - $ / shares	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Schedule of Fair Value Method for Stock Options Awards [Line Items]
Suboptimal exercise multiple (in Dollars per share)	$ 2.8	$ 2.8	$ 2.8
Dividend yield	0.00%	0.00%	0.00%
Minimum [Member]
Schedule of Fair Value Method for Stock Options Awards [Line Items]
Risk free interest rate	4.01%	4.26%	3.02%
Volatility	58.29%	57.75%	58.67%
Maximum [Member]
Schedule of Fair Value Method for Stock Options Awards [Line Items]
Risk free interest rate	3.82%	4.30%	4.09%
Volatility	62.88%	60.75%	69.13%

Taxes on Income - Schedule of Income (Loss) Before Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Schedule of Income (Loss) Before Income Taxes [Abstract]
Domestic	$ (13,859)	$ (62,734)	$ (58,085)
Foreign	(1,106)	(647)	1,585
Loss before income taxes	$ (14,965)	$ (63,381)	$ (56,500)

- Definition

Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.

+ References

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+ Details

General

12 Months Ended

Dec. 31, 2024

General [Abstract]

GENERAL

NOTE 1:- GENERAL

Kornit Digital Ltd. (the “Company”) was incorporated in 2002 under the laws of the State of Israel. The Company and its subsidiaries develop, design and market digital printing solutions for the global printed textile industry. The Company’s and its subsidiaries’ solutions are based on their proprietary digital textile printing systems, ink and other consumables, associated software and value-added services.

The Company established wholly owned subsidiaries in Israel, the United States, Germany, Hong Kong, the United Kingdom and Japan. The Company’s subsidiaries are engaged primarily in services, sales, and marketing, except for the Israeli subsidiary which is engaged primarily in research and development.

The Company depends on five major suppliers to supply certain components for the production of its products. If one of these suppliers fails to deliver or delays the delivery of the necessary components, the Company will be required to seek alternative sources of supply. A change in these suppliers could result in manufacturing delays, which could cause a possible loss of sales and, consequently, could adversely affect the Company’s results of operations and financial position.

Accrued Expenses and Current Liabilities

12 Months Ended

Dec. 31, 2024

Accrued Expenses and Current Liabilities [Abstract]

ACCRUED EXPENSES AND CURRENT LIABILITIES

NOTE 8:- ACCRUED EXPENSES AND CURRENT LIABILITIES

	December 31,
	2024		2023

Accrued expenses	$	10,789	$	18,311
Government authorities		3,477		3,014
Warranty provision		1,052		1,323
Provision for returns		1,243		1,166
	$	16,561	$	23,814

Shareholders' Equity (Details) - USD ($)			1 Months Ended		12 Months Ended
Shareholders' Equity (Details) - USD ($)	Nov. 01, 2024	Sep. 14, 2020	Feb. 28, 2025	Jan. 31, 2021	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Nov. 10, 2024	Sep. 09, 2024	Aug. 10, 2022
Shareholders
Voting rights					one
Repurchase payment					$ 84,055,000	$ 55,770,000
Repurchased aggregate ordinary shares (in Shares)					2,332,826	2,652,051
Repurchase ordinary shares amount					$ 25,000,000
Percentage of total option exercisable					25.00%
Options are exercisable period					1 year
Percentage of exercisable over a period					6.25%
Unrecognized compensation expense					$ 3,595,000
Weighted average non vesting period					1 year 8 months 15 days
Weighted average fair value of options granted (in Dollars per share)					$ 9.61	$ 12.88	$ 47.06
Total intrinsic value of options exercised					$ 1,069,000	$ 163,000	$ 1,086,000
Warrants are exercisable (in Shares)					421,971
Dividend yield					0.00%	0.00%	0.00%
Expected term					5 years 3 months 25 days
Recognized reduction revenues					$ 3,273,000	$ 13,842,000	$ 22,500,000
Master Purchase Agreement [Member]
Shareholders
Warrants to purchase ordinary shares (in Shares)		3,401,028
Exercise price (in Dollars per share)		$ 59.26
Payments for purchased		$ 400,000,000
Payments for purchased products and services				$ 5,000,000
Warrants are exercisable (in Shares)					1,943,445
Master Purchase Agreement [Member] \| Old Business [Member]
Shareholders
Payments for purchased		250,000,000
Master Purchase Agreement [Member] \| New Business [Member]
Shareholders
Payments for purchased		$ 150,000,000
Restricted Stock Units (RSUs) [Member]
Shareholders
Weighted average fair value of options granted (in Dollars per share)					$ 20.27	$ 20.11	$ 43.65
Weighted average fair value of shares vested (in Dollars per share)					31.1	52.27	57.98
Weighted average fair value of forfeited (in Dollars per share)					24.35	33.19	$ 68.19
Weighted average fair value of shares unvested (in Dollars per share)					$ 20.25	$ 28.51
Unrecognized compensation expenses					$ 36,947,000
Weighted average vesting period						2 years 5 months 23 days
Aggregate performance-based RSUs (in Shares)					326,001
Phantom Share Units (PSUs) [Member]
Shareholders
Total fair value of RSUs vested					$ 12,232,000
Monte Carlo simulation [Member]
Shareholders
Risk-free rate					0.40%
Volatility rate					52.00%
Dividend yield					0.00%
Board of Directors [Member]
Shareholders
Increase in the ordinary shares reserved for issuance (in Shares)					672,132
Ordinary shares available for future grant (in Shares)					2,122,421
August 2024 Share Repurchase Program [Member]
Shareholders
Repurchase of ordinary shares										$ 75,000,000
September 2024 Share Repurchase Program [Member]
Shareholders
Repurchase of ordinary shares									$ 100,000,000
ASR Agreement [Member]
Shareholders
Repurchase of ordinary shares								$ 75,000,000
Repurchase payment	$ 75,000,000
Increase in the ordinary shares reserved for issuance (in Shares)	1,825,901
Repurchased aggregate ordinary shares (in Shares)			641,305
Shares repurchased (in Shares)			2,467,206
Average cost per share (in Dollars per share)			$ 30.4
Repurchase ordinary shares amount					$ 65,921	$ 55,770,000

Shareholders' Equity - Schedule of Share Based Compensation Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Schedule of Share Based Compensation Expense [Line Items]
Total share-based compensation expenses	$ 21,756	$ 22,589	$ 22,649
Cost of services [Member] \| Cost of products [Member]
Schedule of Share Based Compensation Expense [Line Items]
Total share-based compensation expenses	2,018	2,356	2,185
Cost of services [Member] \| Cost of services [Member]
Schedule of Share Based Compensation Expense [Line Items]
Total share-based compensation expenses	1,703	1,758	1,676
Research and development, net [Member]
Schedule of Share Based Compensation Expense [Line Items]
Total share-based compensation expenses	5,310	5,759	5,312
Sales and marketing [Member]
Schedule of Share Based Compensation Expense [Line Items]
Total share-based compensation expenses	6,228	6,689	7,361
General and administrative [Member]
Schedule of Share Based Compensation Expense [Line Items]
Total share-based compensation expenses	$ 6,497	$ 6,027	$ 6,115

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

+ Details

Marketable Securities (Tables)

12 Months Ended

Dec. 31, 2024

Marketable Securities [Abstract]

Schedule of Marketable Securities

The following is a summary of marketable securities held as of December 31, 2024 and 2023:

	December 31, 2024
	Amortized cost		Gross unrealized gain		Gross unrealized loss			Fair value
Matures within one year:
Corporate debentures	$	215,040	$	81	$	(1,720	)	$	213,401
Government debentures		9,577		-		(41	)		9,536

		224,617		81		(1,761	)		222,937
Matures after one through four years:
Corporate debentures		48,074		180		(168	)		48,086
Government debentures		-		-		-			-

		48,074		180		(168	)		48,086

Total	$	272,691	$	261	$	(1,929	)	$	271,023

	December 31, 2023
	Amortized cost		Gross unrealized gain		Gross unrealized loss			Fair value
Matures within one year:
Corporate debentures	$	58,319	$	4	$	(1,031	)	$	57,292
Government debentures		-		-		-			-

		58,319		4		(1,031	)		57,292
Matures after one through four years:
Corporate debentures		222,766		179		(7,565	)		215,380
Government debentures		8,109		-		(286	)		7,823

		230,875		179		(7,851	)		223,203

Total	$	289,194	$	183	$	(8,882	)	$	280,495

Schedule of Investments with Continuous Unrealized Losses

Investments with continuous unrealized losses for less than 12 months and 12 months or greater and their related fair values, were as follows as of December 31, 2024 and 2023:

	December 31, 2024
	Less than 12 months					More than 12 months					Total
	Fair Value		Unrealized Losses			Fair value		Unrealized losses			Fair value		Unrealized losses

Corporate debentures	$	21,448	$	(63	)	$	167,324	$	(1,825	)	$	188,772	$	(1,888	)
Government debentures		-		-			8,062		(41	)		8,062		(41	)

Total	$	21,448	$	(63	)	$	175,386	$	(1,866	)	$	196,834	$	(1,929	)

	December 31, 2023
	Less than 12 months					More than 12 months					Total
	Fair value		Unrealized Losses			Fair value		Unrealized losses			Fair value		Unrealized losses

Corporate debentures	$	13,456	$	(73	)	$	226,925	$	(8,523	)	$	240,381	$	(8,596	)
Government debentures		-		-			7,823		(286	)		7,823		(286	)

Total	$	13,456	$	(73	)	$	234,748	$	(8,809	)	$	248,204	$	(8,882	)