2023 Q4 Form 20-F Financial Statement

#000117891324001251 Filed on April 08, 2024

View on sec.gov

Income Statement

Concept 2023 Q4 2023 2022 Q4
Revenue $234.2M $743.2M $209.7M
YoY Change 11.71% 16.07% 32.72%
Cost Of Revenue $154.5M $470.8M $9.390M
YoY Change 1545.18% 1448.39% 28.31%
Gross Profit $79.75M $272.4M $200.3M
YoY Change -60.18% -55.34% 32.94%
Gross Profit Margin 34.05% 36.65% 95.52%
Selling, General & Admin $25.14M $89.79M $24.02M
YoY Change 4.68% 12.48% 1.43%
% of Gross Profit 31.52% 32.96% 11.99%
Research & Development $8.714M $33.07M $9.289M
YoY Change -6.19% -3.94% 0.48%
% of Gross Profit 10.93% 12.14% 4.64%
Depreciation & Amortization $3.901M $14.09M $3.741M
YoY Change 4.28% 1.84% 3.97%
% of Gross Profit 4.89% 5.17% 1.87%
Operating Expenses $39.86M $155.6M $37.05M
YoY Change 7.61% -70.69% 1.44%
Operating Profit $39.88M $116.7M $163.2M
YoY Change -75.57% 6.94% 43.02%
Interest Expense $6.262M $20.95M $1.976M
YoY Change 216.9% 365.37% -524.95%
% of Operating Profit 15.7% 17.95% 1.21%
Other Income/Expense, Net $20.95M
YoY Change 365.37%
Pretax Income $46.15M $137.7M $43.16M
YoY Change 6.91% 21.14% 112.32%
Income Tax $6.745M $20.28M $4.487M
% Of Pretax Income 14.62% 14.73% 10.4%
Net Earnings $39.40M $117.4M $38.68M
YoY Change 1.87% 18.33% 118.58%
Net Earnings / Revenue 16.82% 15.8% 18.45%
Basic Earnings Per Share $2.49
Diluted Earnings Per Share $0.78 $2.35 $0.79
COMMON SHARES
Basic Shares Outstanding 47.99M shares 47.13M shares 46.17M shares
Diluted Shares Outstanding 50.07M shares

Balance Sheet

Concept 2023 Q4 2023 2022 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $472.7M $472.7M $429.6M
YoY Change 10.02% 10.02% 33.57%
Cash & Equivalents $187.6M $187.6M $176.2M
Short-Term Investments $285.1M $285.1M $253.4M
Other Short-Term Assets $22.37M $22.37M $13.34M
YoY Change 67.66% 67.66% 45.61%
Inventory
Prepaid Expenses
Receivables $231.5M $231.5M $160.5M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $726.6M $726.6M $603.5M
YoY Change 20.4% 20.4% 35.25%
LONG-TERM ASSETS
Property, Plant & Equipment $9.788M $9.788M $3.611M
YoY Change 171.06% -28.77% -77.13%
Goodwill $248.0M $195.5M
YoY Change 26.82% 3.31%
Intangibles $88.65M $51.66M
YoY Change 71.59% -8.88%
Long-Term Investments
YoY Change
Other Assets $2.902M $2.902M $49.00K
YoY Change 5822.45% -50.21% -99.08%
Total Long-Term Assets $350.7M $350.7M $266.8M
YoY Change 31.46% 31.46% -0.11%
TOTAL ASSETS
Total Short-Term Assets $726.6M $726.6M $603.5M
Total Long-Term Assets $350.7M $350.7M $266.8M
Total Assets $1.077B $1.077B $870.2M
YoY Change 23.79% 23.79% 22.01%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $217.2M $217.2M $155.9M
YoY Change 39.35% 39.35% 44.67%
Accrued Expenses $46.83M $46.83M $37.87M
YoY Change 23.67% 12.13% -13.83%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $340.0M $340.0M $234.6M
YoY Change 44.93% 44.93% 21.11%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $19.09M $19.09M $11.78M
YoY Change 62.02% -63.62% -77.58%
Total Long-Term Liabilities $19.09M $19.09M $11.78M
YoY Change 62.02% -63.62% -77.58%
TOTAL LIABILITIES
Total Short-Term Liabilities $340.0M $340.0M $234.6M
Total Long-Term Liabilities $19.09M $19.09M $11.78M
Total Liabilities $359.1M $359.1M $287.1M
YoY Change 25.09% 25.09% 16.57%
SHAREHOLDERS EQUITY
Retained Earnings $188.2M $70.79M
YoY Change 165.87% -348.9%
Common Stock $531.0M $513.9M
YoY Change 3.33% 3.5%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.002M $1.002M
YoY Change 0.0% 0.0%
Treasury Stock Shares 115.3K shares
Shareholders Equity $718.1M $718.1M $583.1M
YoY Change
Total Liabilities & Shareholders Equity $1.077B $1.077B $870.2M
YoY Change 23.79% 23.79% 22.01%

Cashflow Statement

Concept 2023 Q4 2023 2022 Q4
OPERATING ACTIVITIES
Net Income $39.40M $117.4M $38.68M
YoY Change 1.87% 18.33% 118.58%
Depreciation, Depletion And Amortization $3.901M $14.09M $3.741M
YoY Change 4.28% 1.84% 3.97%
Cash From Operating Activities $50.22M $155.5M $38.17M
YoY Change 31.56% 27.3% 32.37%
INVESTING ACTIVITIES
Capital Expenditures $281.0K $784.0K $267.0K
YoY Change 5.24% -25.9% -302.27%
Acquisitions $101.9M
YoY Change 965.01%
Other Investing Activities -$60.42M -$132.6M -$34.40M
YoY Change 75.65% 189.64% -82.09%
Cash From Investing Activities -$60.70M -$133.4M -$34.67M
YoY Change 75.1% 184.85% -81.97%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $95.00K $2.433M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 95.00K -10.82M 1.392M
YoY Change -93.18% 232.2% -99.19%
NET CHANGE
Cash From Operating Activities 50.22M 155.5M 38.17M
Cash From Investing Activities -60.70M -133.4M -34.67M
Cash From Financing Activities 95.00K -10.82M 1.392M
Net Change In Cash -10.39M 11.29M 4.895M
YoY Change -312.28% -84.32% -39.46%
FREE CASH FLOW
Cash From Operating Activities $50.22M $155.5M $38.17M
Capital Expenditures $281.0K $784.0K $267.0K
Free Cash Flow $49.94M $154.7M $37.90M
YoY Change 31.75% 27.77% 30.84%

Facts In Submission

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CY2021 us-gaap Sublease Income
SubleaseIncome
2838000 usd
CY2023 peri Cash Paid For Measurement Of Lease Liabilities
CashPaidForMeasurementOfLeaseLiabilities
6191000 usd
CY2021 peri Cash Paid For Measurement Of Lease Liabilities
CashPaidForMeasurementOfLeaseLiabilities
8465000 usd
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
P7Y
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3064674 shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
0.12
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2493281 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.84
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P66Y8M12D
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
74862000 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
349648 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
5.4
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P2Y4M17D
CY2023Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
8905000 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
2489358 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
0.89
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P73Y7M2D
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
140704000 usd
CY2023Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
2493281 shares
CY2023 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P66Y8M12D
CY2023Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
0.84
CY2023Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
349648 shares
CY2023 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2
P2Y4M17D
CY2023Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
5.4
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
11570000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6985000 usd
CY2023 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
20728000 usd
CY2022 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
4993000 usd
CY2021 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
539000 usd
CY2023 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
21875000 usd
CY2022 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
4993000 usd
CY2023 us-gaap Foreign Currency Transaction Loss Before Tax
ForeignCurrencyTransactionLossBeforeTax
567000 usd
CY2022 us-gaap Foreign Currency Transaction Loss Before Tax
ForeignCurrencyTransactionLossBeforeTax
264000 usd
CY2021 us-gaap Foreign Currency Transaction Loss Before Tax
ForeignCurrencyTransactionLossBeforeTax
528000 usd
CY2023 us-gaap Accretion Expense
AccretionExpense
0 usd
CY2022 us-gaap Accretion Expense
AccretionExpense
0 usd
CY2021 us-gaap Accretion Expense
AccretionExpense
119000 usd
CY2023 peri Bank Charges And Other
BankChargesAndOther
357000 usd
CY2022 peri Bank Charges And Other
BankChargesAndOther
227000 usd
CY2021 peri Bank Charges And Other
BankChargesAndOther
473000 usd
CY2023 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
924000 usd
CY2022 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
491000 usd
CY2021 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
1120000 usd
CY2023 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
20951000 usd
CY2021 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-581000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
129676000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
106634000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
38854000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
8015000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
113664000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
45315000 usd
CY2023 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
21623000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
16758000 usd
CY2023 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
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CY2022 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
-794000 usd
CY2021 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
1476000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
20278000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14439000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6609000 usd
CY2023 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
19466000 usd
CY2022 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
14378000 usd
CY2021 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
8060000 usd
CY2023 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
812000 usd
CY2022 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
61000 usd
CY2021 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
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CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
20278000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14439000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6609000 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
15938000 usd
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
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CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
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CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
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CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-980000 usd
CY2023 peri Deferred Federal Tax Adjustments Settlements And Unusual Provisions
DeferredFederalTaxAdjustmentsSettlementsAndUnusualProvisions
-46000 usd
CY2022 peri Deferred Federal Tax Adjustments Settlements And Unusual Provisions
DeferredFederalTaxAdjustmentsSettlementsAndUnusualProvisions
-700000 usd
CY2021 peri Deferred Federal Tax Adjustments Settlements And Unusual Provisions
DeferredFederalTaxAdjustmentsSettlementsAndUnusualProvisions
1593000 usd
CY2023 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
19466000 usd
CY2022 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
14378000 usd
CY2021 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
8060000 usd
CY2023 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
517000 usd
CY2022 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
820000 usd
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
444000 usd
CY2023 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
860000 usd
CY2022 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-665000 usd
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-1778000 usd
CY2023 peri Deferred Foreign Tax Adjustments Settlements And Unusual Provisions
DeferredForeignTaxAdjustmentsSettlementsAndUnusualProvisions
-565000 usd
CY2022 peri Deferred Foreign Tax Adjustments Settlements And Unusual Provisions
DeferredForeignTaxAdjustmentsSettlementsAndUnusualProvisions
-94000 usd
CY2021 peri Deferred Foreign Tax Adjustments Settlements And Unusual Provisions
DeferredForeignTaxAdjustmentsSettlementsAndUnusualProvisions
-117000 usd
CY2022 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
61000 usd
CY2021 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
-1451000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
20278000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14439000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6609000 usd
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
6077000 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
5912000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
3345000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
3520000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
2943000 usd
CY2023Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
12942000 usd
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
12133000 usd
CY2023Q4 peri Deferred Tax Assets Intangible Assets
DeferredTaxAssetsIntangibleAssets
-6643000 usd
CY2022Q4 peri Deferred Tax Assets Intangible Assets
DeferredTaxAssetsIntangibleAssets
-3895000 usd
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
2119000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
2459000 usd
CY2023Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
4180000 usd
CY2022Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
5779000 usd
CY2023Q4 peri Deferred Tax Assets And Liabilities Noncurrent
DeferredTaxAssetsAndLiabilitiesNoncurrent
722000 usd
CY2022Q4 peri Deferred Tax Assets And Liabilities Noncurrent
DeferredTaxAssetsAndLiabilitiesNoncurrent
-791000 usd
CY2023Q4 peri Deferred Tax Assets Noncurrent
DeferredTaxAssetsNoncurrent
3458000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
137691000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
113664000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
45315000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.23 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.23 pure
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.23 pure
CY2023 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
31669000 usd
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
26143000 usd
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
10422000 usd
CY2023 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
15753000 usd
CY2022 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
11255000 usd
CY2021 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
5610000 usd
CY2023 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
3683000 usd
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
-229000 usd
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
710000 usd
CY2023 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
407000 usd
CY2022 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
313000 usd
CY2021 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
226000 usd
CY2023 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
667000 usd
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-55000 usd
CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-922000 usd
CY2023 peri Income Tax Reconciliation Future Year Income Taxes
IncomeTaxReconciliationFutureYearIncomeTaxes
-340000 usd
CY2022 peri Income Tax Reconciliation Future Year Income Taxes
IncomeTaxReconciliationFutureYearIncomeTaxes
-185000 usd
CY2021 peri Income Tax Reconciliation Future Year Income Taxes
IncomeTaxReconciliationFutureYearIncomeTaxes
390000 usd
CY2023 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-97000 usd
CY2022 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-157000 usd
CY2021 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-83000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
20278000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14439000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6609000 usd
CY2023 peri Tax Benefit Per Basic Share
TaxBenefitPerBasicShare
0.33
CY2022 peri Tax Benefit Per Basic Share
TaxBenefitPerBasicShare
0.25
CY2021 peri Tax Benefit Per Basic Share
TaxBenefitPerBasicShare
0.16
CY2023 peri Tax Benefit Per Diluted Share
TaxBenefitPerDilutedShare
0.31
CY2022 peri Tax Benefit Per Diluted Share
TaxBenefitPerDilutedShare
0.23
CY2021 peri Tax Benefit Per Diluted Share
TaxBenefitPerDilutedShare
0.15
CY2021 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.23 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.23 pure
CY2023 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.23 pure
CY2023 peri Preferred Enterprise Tax Rate
PreferredEnterpriseTaxRate
0.16 pure
CY2022Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
9400000 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
6928000 usd
CY2023 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
-755000 usd
CY2022 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
-590000 usd
CY2023 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
4077000 usd
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
3062000 usd
CY2023Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
12722000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
9400000 usd
CY2023Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
910000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
975000 usd
CY2023Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
2560000 usd
CY2023Q4 us-gaap Deferred Tax Assets Capital Loss Carryforwards
DeferredTaxAssetsCapitalLossCarryforwards
1187000 usd
CY2023 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
117413000 usd
CY2022 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
99225000 usd
CY2021 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
38706000 usd
CY2023 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
47128232 shares
CY2022 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
44871149 shares
CY2021 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
34397134 shares
CY2023 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2945753 shares
CY2022 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
3200489 shares
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
3432591 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50073985 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48071638 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
37829725 shares
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.49
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.21
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.13
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.34
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.06
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.02
CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
456696 shares
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1035307 shares
CY2023 us-gaap Revenues
Revenues
743155000 usd
CY2022 us-gaap Revenues
Revenues
640256000 usd
CY2021 us-gaap Revenues
Revenues
478498000 usd
CY2023Q4 us-gaap Noncurrent Assets
NoncurrentAssets
9788000 usd
CY2022Q4 us-gaap Noncurrent Assets
NoncurrentAssets
13741000 usd
CY2023 us-gaap Lease Expiration Date1
LeaseExpirationDate1
2025-01-31
CY2023Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2022Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2023 dei Entity Central Index Key
EntityCentralIndexKey
0001338940
CY2023 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2023 dei Amendment Flag
AmendmentFlag
false
CY2023 dei Document Type
DocumentType
20-F
CY2023 dei Document Registration Statement
DocumentRegistrationStatement
false
CY2023 dei Document Annual Report
DocumentAnnualReport
true
CY2023 dei Document Period End Date
DocumentPeriodEndDate
2023-12-31
CY2023 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2023 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023 dei Document Transition Report
DocumentTransitionReport
false
CY2023 dei Document Shell Company Report
DocumentShellCompanyReport
false
CY2023 dei Entity File Number
EntityFileNumber
000-51694
CY2023 dei Entity Registrant Name
EntityRegistrantName
Perion Network Ltd.
CY2023 dei Entity Address Country
EntityAddressCountry
IL
CY2023 dei Entity Address Address Line1
EntityAddressAddressLine1
26 HaRokmim Street
CY2023 dei Entity Address City Or Town
EntityAddressCityOrTown
Holon
CY2023 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
L3
CY2023 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
5885849
CY2023 dei Security12b Title
Security12bTitle
Ordinary shares, par value NIS 0.03 per share
CY2023 dei Trading Symbol
TradingSymbol
PERI
CY2023 dei Security Exchange Name
SecurityExchangeName
NASDAQ
CY2023Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
47991344 shares
CY2023 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
CY2023 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2023 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2023 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2023 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2023 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2023 dei Icfr Auditor Attestation Flag
IcfrAuditorAttestationFlag
true
CY2023 dei Document Fin Stmt Error Correction Flag
DocumentFinStmtErrorCorrectionFlag
false
CY2023 dei Document Accounting Standard
DocumentAccountingStandard
U.S. GAAP
CY2023 dei Entity Shell Company
EntityShellCompany
false
CY2023 dei Auditor Firm
AuditorFirmId
1281
CY2023 dei Auditor Name
AuditorName
KOST FORER GABBAY & KASIERER
CY2023 dei Auditor Location
AuditorLocation
Tel-Aviv, Israel
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
187609000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
176226000 usd
CY2023Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
1339000 usd
CY2022Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
1295000 usd
CY2023Q4 us-gaap Short Term Investments
ShortTermInvestments
207450000 usd
CY2022Q4 us-gaap Short Term Investments
ShortTermInvestments
253400000 usd
CY2023Q4 us-gaap Marketable Securities
MarketableSecurities
77616000 usd
CY2022Q4 us-gaap Marketable Securities
MarketableSecurities
0 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2091000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2134000 usd
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
231539000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
160488000 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
21033000 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
12049000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
6609000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
10130000 usd
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
88652000 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
51664000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
247975000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
195527000 usd
CY2023Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
4180000 usd
CY2022Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
5779000 usd
CY2023Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
85000 usd
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
49000 usd
CY2023Q4 us-gaap Assets Noncurrent
AssetsNoncurrent
350680000 usd
CY2022Q4 us-gaap Assets Noncurrent
AssetsNoncurrent
266760000 usd
CY2023Q4 us-gaap Assets
Assets
1077266000 usd
CY2022Q4 us-gaap Assets
Assets
870218000 usd
CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
217181000 usd
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
155854000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
42636000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
37869000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
4198000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
3900000 usd
CY2023Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
2297000 usd
CY2022Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
2377000 usd
CY2023Q4 peri Shortterm Payment Obligation Related To Acquisitions
ShorttermPaymentObligationRelatedToAcquisitions
73716000 usd
CY2022Q4 peri Shortterm Payment Obligation Related To Acquisitions
ShorttermPaymentObligationRelatedToAcquisitions
34608000 usd
CY2023Q4 us-gaap Liabilities Current
LiabilitiesCurrent
340028000 usd
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
234608000 usd
CY2023Q4 peri Payment Obligation Related To Acquisition Non Current
PaymentObligationRelatedToAcquisitionNonCurrent
0 usd
CY2022Q4 peri Payment Obligation Related To Acquisition Non Current
PaymentObligationRelatedToAcquisitionNonCurrent
33113000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
3448000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
7580000 usd
CY2023Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
15643000 usd
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
11783000 usd
CY2023Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
19091000 usd
CY2022Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
52476000 usd
CY2023Q4 us-gaap Liabilities
Liabilities
359119000 usd
CY2022Q4 us-gaap Liabilities
Liabilities
287084000 usd
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.03
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.03
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
80000000 shares
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
80000000 shares
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
48106683 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
46287732 shares
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
47991344 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
46172393 shares
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
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CY2022Q4 us-gaap Common Stock Value
CommonStockValue
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CY2023Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
530620000 usd
CY2022Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
513534000 usd
CY2022Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
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CY2023Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
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CY2023Q4 us-gaap Treasury Stock Value
TreasuryStockValue
1002000 usd
CY2022Q4 us-gaap Treasury Stock Value
TreasuryStockValue
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CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-83000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
188199000 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
70786000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
718147000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
583134000 usd
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1077266000 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
870218000 usd
CY2023 us-gaap Revenues
Revenues
743155000 usd
CY2022 us-gaap Revenues
Revenues
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Revenues
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CY2023 peri Cost Of Revenue Expense
CostOfRevenueExpense
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CY2022 peri Cost Of Revenue Expense
CostOfRevenueExpense
30404000 usd
CY2021 peri Cost Of Revenue Expense
CostOfRevenueExpense
25197000 usd
CY2023 peri Traffic Acquisition Costs And Media Buy
TrafficAcquisitionCostsAndMediaBuy
432943000 usd
CY2022 peri Traffic Acquisition Costs And Media Buy
TrafficAcquisitionCostsAndMediaBuy
372601000 usd
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TrafficAcquisitionCostsAndMediaBuy
288018000 usd
CY2023 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
33066000 usd
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ResearchAndDevelopmentExpense
34424000 usd
CY2021 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
35348000 usd
CY2023 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
57991000 usd
CY2022 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
56014000 usd
CY2021 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
53209000 usd
CY2023 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
31799000 usd
CY2022 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
27629000 usd
CY2021 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
23179000 usd
CY2023 peri Change In Fair Value Of Contingent Consideration
ChangeInFairValueOfContingentConsideration
18694000 usd
CY2022 peri Change In Fair Value Of Contingent Consideration
ChangeInFairValueOfContingentConsideration
-3816000 usd
CY2021 peri Change In Fair Value Of Contingent Consideration
ChangeInFairValueOfContingentConsideration
-2246000 usd
CY2023 us-gaap Depreciation And Amortization
DepreciationAndAmortization
14092000 usd
CY2022 us-gaap Depreciation And Amortization
DepreciationAndAmortization
13838000 usd
CY2021 us-gaap Depreciation And Amortization
DepreciationAndAmortization
9897000 usd
CY2023 us-gaap Operating Expenses
OperatingExpenses
626415000 usd
CY2022 us-gaap Operating Expenses
OperatingExpenses
531094000 usd
CY2021 us-gaap Operating Expenses
OperatingExpenses
432602000 usd
CY2023 us-gaap Operating Income Loss
OperatingIncomeLoss
116740000 usd
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
109162000 usd
CY2021 us-gaap Operating Income Loss
OperatingIncomeLoss
45896000 usd
CY2023 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
20951000 usd
CY2022 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
4502000 usd
CY2021 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-581000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
137691000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
113664000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
45315000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
20278000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14439000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2023 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
117413000 usd
CY2022 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
99225000 usd
CY2021 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
38706000 usd
CY2023 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
2.49
CY2022 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
2.21
CY2021 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.13
CY2023 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
2.34
CY2022 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
2.06
CY2021 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.02
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47128232 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
44871149 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
34397134 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50073985 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48071638 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
37829725 shares
CY2023 us-gaap Net Income Loss
NetIncomeLoss
117413000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
99225000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
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OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
154000 usd
CY2022 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
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CY2021 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-315000 usd
CY2023 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
-101000 usd
CY2022 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
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CY2021 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
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CY2023 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
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OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
242000 usd
CY2023 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-1233000 usd
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-948000 usd
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
167000 usd
CY2023 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
446000 usd
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
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CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
75000 usd
CY2023 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
499000 usd
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
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CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
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CY2023 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2022 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
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StockIssuedDuringPeriodValueNewIssues
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6985000 usd
CY2021 us-gaap Stock Granted During Period Value Sharebased Compensation Gross
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CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2021 us-gaap Net Income Loss
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CY2023 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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499000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
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38706000 usd
CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
14092000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
13838000 usd
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
9897000 usd
CY2023 us-gaap Share Based Compensation
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15590000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
11570000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
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CY2023 peri Change In Fair Value Of Payment Obligation Related To Acquisition
ChangeInFairValueOfPaymentObligationRelatedToAcquisition
19251000 usd
CY2022 peri Change In Fair Value Of Payment Obligation Related To Acquisition
ChangeInFairValueOfPaymentObligationRelatedToAcquisition
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CY2021 peri Change In Fair Value Of Payment Obligation Related To Acquisition
ChangeInFairValueOfPaymentObligationRelatedToAcquisition
350000 usd
CY2023 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
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CY2022 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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CY2021 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
223000 usd
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3646000 usd
CY2021 us-gaap Increase Decrease In Accrued Interest Receivable Net
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300000 usd
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-654000 usd
CY2022 peri Deferred Income Tax Expense Benefit Cash Flow Effect
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CY2022 us-gaap Accretion Amortization Of Discounts And Premiums Investments
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CY2021 us-gaap Accretion Amortization Of Discounts And Premiums Investments
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CY2023 us-gaap Gain Loss On Sale Of Property Plant Equipment
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CY2021 us-gaap Gain Loss On Sale Of Property Plant Equipment
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CY2022 us-gaap Increase Decrease In Accounts Receivable
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CY2021 us-gaap Increase Decrease In Accounts Receivable
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CY2023 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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434000 usd
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3653000 usd
CY2021 us-gaap Increase Decrease In Deferred Revenue
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CY2023 us-gaap Net Cash Provided By Used In Operating Activities
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155463000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
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CY2021 us-gaap Net Cash Provided By Used In Operating Activities
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CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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PaymentsToAcquirePropertyPlantAndEquipment
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CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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ProceedsFromSaleOfPropertyPlantAndEquipment
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ProceedsFromSaleOfPropertyPlantAndEquipment
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CY2021 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
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PaymentsToAcquireMarketableSecurities
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CY2022 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
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CY2021 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
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CY2023 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
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CY2022 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
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CY2021 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
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CY2023 us-gaap Proceeds From Issuance Of Private Placement
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CY2022 us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
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CY2021 us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
230489000 usd
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
5833000 usd
CY2021 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
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CY2023 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
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CY2022 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
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CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
4365000 usd
CY2023 peri Creation Of Right Of Use Assets
CreationOfRightOfUseAssets
132000 usd
CY2021 peri Creation Of Right Of Use Assets
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0 usd
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<div> <div style="text-align:justify;margin-left:56.7pt;line-height:1.25;font-style:italic"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">Use of estimates</span></span></div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:56.7pt;line-height:1.25"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">The preparation of the consolidated financial statements in conformity with U.S. Generally Accepted Accounting Principles (“GAAP”) requires management to make estimates, judgments and assumptions that affect the amounts reported and disclosed in the financial statements and the accompanying notes. Actual results could differ materially from those estimates. On an ongoing basis, the Company's management evaluates its estimates, including those related to revenue recognition, allowance for credit losses, fair value of intangible assets and goodwill, useful lives of intangible assets, contingent consideration, fair value of share-based awards, realizability of deferred tax assets, and tax uncertainties, among others. 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 the Company’s assets and liabilities.</span></span></div> </div>
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2091000 usd
CY2023Q4 peri Remaining Performance Obligations
RemainingPerformanceObligations
2297000 usd
CY2023Q4 us-gaap Deferred Revenue
DeferredRevenue
2377000 usd
CY2023 us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
1392000 usd
CY2021 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
683000 usd
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div> <div style="text-align:justify;margin-left:56.7pt;line-height:1.25;font-style:italic"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">Concentrations of credit risk</span></span></div> <div style="line-height:1.25"> </div> <div style="line-height:1.25"> <div style="text-align:justify;margin-left:56.7pt;line-height:1.25"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">Financial instruments, which potentially subject the Company to a concentration of credit risk, consist primarily of cash and cash equivalents, bank deposits, restricted cash and accounts receivable.</span></span></div> </div> <div style="line-height:1.25"> </div> <div style="line-height:1.25"> <div style="text-align:justify;margin-left:56.7pt;line-height:1.25"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">The majority of the Company’s cash and cash equivalents, bank deposits and restricted cash are invested in USD instruments with major banks in the U.S. and Israel. Generally, these deposits may be redeemed upon demand and, therefore, bear minimal risk.</span></span></div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:56.7pt;line-height:1.25"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">The Company’s major customers are financially sound, and the Company believes low credit risk is associated with these customers. To date, the Company has not experienced any material credit losses.</span></span></div> <div style="line-height:1.25"> </div> <div style="text-align:justify;margin-left:56.7pt;line-height:1.25"><span style="font-size:10pt"><span style="font-family:Times New Roman,Times,serif">The allowance against gross trade receivables reflects the current expected credit loss inherent in the receivables portfolio determined based on the Company’s methodology. The Company’s methodology is based on historical collection experience, customer creditworthiness, current and future economic condition, and market condition. Additionally, specific allowance amounts are established to record the appropriate provision for customers that have a higher probability of default. Trade receivables are written off after all reasonable means to collect the full amount have been exhausted.</span></span></div> </div> </div>
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
CY2023 peri Amount Recorded In Statement Of Income For Change In Fair Value Of Contingent Consideration
AmountRecordedInStatementOfIncomeForChangeInFairValueOfContingentConsideration
2124000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
77747000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
93000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
224000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
77616000 usd
CY2023Q4 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
81429000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
77616000 usd
CY2023Q4 us-gaap Derivative Assets
DerivativeAssets
234000 usd
CY2023Q4 us-gaap Financial Liabilities Fair Value Disclosure
FinancialLiabilitiesFairValueDisclosure
69735000 usd
CY2022Q4 us-gaap Derivative Assets
DerivativeAssets
7000 usd
CY2022Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
7000 usd
CY2022Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
239000 usd
CY2022Q4 peri Fair Value Liabilities Measured On Recurring Basis Contingent Consideration In Connection To Acquisitions
FairValueLiabilitiesMeasuredOnRecurringBasisContingentConsiderationInConnectionToAcquisitions
63695000 usd
CY2022Q4 peri Fair Value Liabilities Measured On Recurring Basis Contingent Consideration In Connection To Acquisitions
FairValueLiabilitiesMeasuredOnRecurringBasisContingentConsiderationInConnectionToAcquisitions
63695000 usd
CY2023 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
13256000 usd
CY2023 peri Changes In Fair Value Of Contingent Consideration
ChangesInFairValueOfContingentConsideration
18694000 usd
CY2023 peri Revaluation Of Acquisition Related Contingent Consideration
RevaluationOfAcquisitionRelatedContingentConsideration
582000 usd
CY2023Q4 peri Fair Value Liabilities Measured On Recurring Basis Contingent Consideration In Connection To Acquisitions
FairValueLiabilitiesMeasuredOnRecurringBasisContingentConsiderationInConnectionToAcquisitions
69715000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
28407000 usd
CY2023 us-gaap Depreciation
Depreciation
1644000 usd
CY2022 us-gaap Depreciation
Depreciation
1954000 usd
CY2021 us-gaap Depreciation
Depreciation
3022000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
189265000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
88652000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
56700000 usd
CY2022 peri Finite Lived Intangible Assets Net Acquired During Period
FiniteLivedIntangibleAssetsNetAcquiredDuringPeriod
6848000 usd
CY2022 peri Finite Lived Intangible Assets Net Amortization
FiniteLivedIntangibleAssetsNetAmortization
11884000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
51664000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
16946000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
10691000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
88652000 usd
CY2023Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
23292000 usd
CY2022Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
20788000 usd
CY2023Q4 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
10808000 usd
CY2022Q4 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
10758000 usd
CY2023Q4 peri Accrued Expenses
AccruedExpenses
7702000 usd
CY2022Q4 peri Accrued Expenses
AccruedExpenses
5185000 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
834000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1138000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
42636000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
37869000 usd
CY2023 peri Number Of Periods In Additional Lease
NumberOfPeriodsInAdditionalLease
P24M
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y11M8D
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0523 pure
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
2851000 usd
CY2022 peri Cash Paid For Measurement Of Lease Liabilities
CashPaidForMeasurementOfLeaseLiabilities
5880000 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.39
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P59Y8M12D
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
73284000 usd
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
1276693 shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0.01
CY2023 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
1586980 shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
1.33
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
50903000 usd
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
261106 shares
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
35.65
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
20.13
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
18.55
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
11531
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
10008
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
4137
CY2023 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
15590000 usd
CY2023 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
1147000 usd
CY2022 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
0 usd
CY2021 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
0 usd
CY2021 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
539000 usd
CY2022 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
4502000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
7030000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
6461000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
137691000 usd
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
7891000 usd
CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-734000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1525000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-2758000 usd
CY2023 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
21106000 usd
CY2023 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
812000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
3278000 usd
CY2023Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
6643000 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
3895000 usd
CY2022Q4 peri Deferred Tax Assets Noncurrent
DeferredTaxAssetsNoncurrent
6570000 usd
CY2023Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
4180000 usd
CY2022Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
5779000 usd
CY2022 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
185000 usd
CY2023 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
340000 usd
CY2023 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
42000 usd
CY2022 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
-136000 usd
CY2021 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
1476000 usd
CY2023 peri Description Of New Technological Enterprise Incentives Regime
DescriptionOfNewTechnologicalEnterpriseIncentivesRegime
According to Amendment 73, a Preferred Technological Enterprise, as defined in Amendment 73, with total consolidated revenue of less than NIS 10 billion, shall be subject to 12% tax rate on income derived from intellectual property (in development area A—a tax rate of 7.5%). In order to qualify as a Preferred Technological Enterprise certain criteria must be met, such as a minimum ratio of annual R&D expenditure and R&D employees, as well as having at least 25% of annual revenue derived from exports.
CY2023Q4 peri Dividends Distributed From Income From Preferred Technological Enterprises
DividendsDistributedFromIncomeFromPreferredTechnologicalEnterprises
0.20 pure
CY2023Q4 peri Dividend Distributed To Foreign Corporate Shareholder If Percentage Of Foreign Shareholders Exceeds90
DividendDistributedToForeignCorporateShareholderIfPercentageOfForeignShareholdersExceeds90
0.04 pure
CY2023Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
12722000 usd
CY2023Q4 peri Recognized Tax Benefit
RecognizedTaxBenefit
11972000 usd
CY2023 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1000 segment

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