Taboola.com (TBLA) 10-Q 7 Aug 24 2024 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2024	Jul. 31, 2024
Entity Listings [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2024
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q2
Document Transition Report	false
Entity File Number	001-40566
Entity Registrant Name	TABOOLA.COM LTD.
Entity Central Index Key	0001840502
Entity Incorporation, State or Country Code	L3
Entity Tax Identification Number	00-0000000
Entity Address, Address Line One	16 Madison Square West
Entity Address, Address Line Two	7th Floor
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10010
City Area Code	212
Local Phone Number	206-7633
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		335,676,527
Ordinary Shares [Member]
Entity Listings [Line Items]
Title of 12(b) Security	Ordinary shares, no par value
Trading Symbol	TBLA
Security Exchange Name	NASDAQ
Entity Common Stock, Shares Outstanding		291,466,121
Warrants [Member]
Entity Listings [Line Items]
Title of 12(b) Security	Warrants to purchase Ordinary shares
Trading Symbol	TBLAW
Security Exchange Name	NASDAQ
Non-voting Ordinary Shares [Member]
Entity Listings [Line Items]
Entity Common Stock, Shares Outstanding		44,210,406

CONSOLIDATED INTERIM BALANCE SH

CONSOLIDATED INTERIM BALANCE SHEETS - USD ($) $ in Thousands		Jun. 30, 2024	Dec. 31, 2023
CURRENT ASSETS
Cash and cash equivalents		$ 182,198	$ 176,108
Short-term investments		0	5,725
Restricted deposits		1,334	1,407
Trade receivables (net of allowance for credit losses of $7,416 and $10,207 as of June 30, 2024 and December 31, 2023, respectively) (1)	[1]	281,674	306,307
Prepaid expenses and other current assets		69,598	69,865
Total current assets		534,804	559,412
NON-CURRENT ASSETS
Long-term prepaid expenses		25,584	39,602
Commercial agreement asset		289,451	289,451
Restricted deposits		4,203	4,247
Operating lease right of use assets		56,138	61,746
Property and equipment, net		71,846	72,155
Intangible assets, net		93,565	125,258
Goodwill		555,931	555,931
Total non-current assets		1,096,718	1,148,390
Total assets		1,631,522	1,707,802
CURRENT LIABILITIES
Trade payables	[2]	270,406	282,012
Short-term operating lease liabilities		19,463	20,264
Accrued expenses and other current liabilities		118,664	118,689
Current maturities of long-term loan		0	3,000
Total current liabilities		408,533	423,965
LONG-TERM LIABILITIES
Long-term loan, net of current maturities		145,778	142,164
Long-term operating lease liabilities		42,721	49,450
Warrants liability		2,242	6,129
Deferred tax liabilities, net		6,914	14,815
Other long-term liabilities		15,101	14,217
Total long-term liabilities		212,756	226,775
COMMITMENTS AND CONTINGENCIES (Note 11)
SHAREHOLDERS' EQUITY
Ordinary shares		0	0
Treasury Ordinary shares, at cost - 27,775,351 (26,787,055 Ordinary shares and 988,296 Non-voting Ordinary shares) and 15,240,471 Ordinary shares as of June 30, 2024 and December 31, 2023, respectively		(109,978)	(55,513)
Additional paid-in capital		1,301,159	1,262,093
Accumulated other comprehensive income (loss)		(39)	942
Accumulated deficit		(180,909)	(150,460)
Total shareholders' equity		1,010,233	1,057,062
Total liabilities and shareholders' equity		1,631,522	1,707,802
Non-Voting Ordinary Shares [Member]
SHAREHOLDERS' EQUITY
Ordinary shares		$ 0	$ 0
[1]Includes related party trade receivables of $43,232 and $12,297, as of June 30, 2024 and December 31, 2023, respectively.[2]Includes related party trade payables of $59,194 and $38,657, as of June 30, 2024 and December 31, 2023, respectively.

CONSOLIDATED INTERIM BALANCE _2

CONSOLIDATED INTERIM BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands		Jun. 30, 2024	Dec. 31, 2023
CURRENT ASSETS
Trade receivables, allowance for credit losses		$ 7,416	$ 10,207
Trade receivables	[1]	$ 281,674	$ 306,307
SHAREHOLDERS' EQUITY
Ordinary shares, par value (in dollars per share)		$ 0	$ 0
Ordinary shares, shares authorized (in shares)		700,000,000	700,000,000
Ordinary shares, shares issued (in shares)		291,715,209	295,670,620
Ordinary shares, shares outstanding (in shares)		291,715,209	295,670,620
Treasury ordinary shares (in shares)		27,775,351	15,240,471
Related Party [Member]
CURRENT ASSETS
Trade receivables		$ 43,232	$ 12,297
CURRENT LIABILITIES
Trade payables		$ 59,194	$ 38,657
Ordinary Shares [Member]
SHAREHOLDERS' EQUITY
Treasury ordinary shares (in shares)		26,787,055
Non-Voting Ordinary Shares [Member]
SHAREHOLDERS' EQUITY
Ordinary shares, par value (in dollars per share)		$ 0	$ 0
Ordinary shares, shares authorized (in shares)		46,000,000	46,000,000
Ordinary shares, shares issued (in shares)		44,210,406	45,198,702
Ordinary shares, shares outstanding (in shares)		44,210,406	45,198,702
Treasury ordinary shares (in shares)		988,296
[1]Includes related party trade receivables of $43,232 and $12,297, as of June 30, 2024 and December 31, 2023, respectively.

CONSOLIDATED INTERIM STATEMENTS

CONSOLIDATED INTERIM STATEMENTS OF LOSS - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2024		Jun. 30, 2023		Jun. 30, 2024	Jun. 30, 2023
CONSOLIDATED INTERIM STATEMENTS OF LOSS [Abstract]
Revenues	$ 428,160	[1]	$ 332,004	[1]	$ 842,168	$ 659,690
Cost of revenues:
Traffic acquisition cost	278,620	[2]	208,870	[2]	553,740	420,816
Other cost of revenues	34,762		26,077		64,697	52,225
Total cost of revenues	313,382		234,947		618,437	473,041
Gross profit	114,778		97,057		223,731	186,649
Operating expenses:
Research and development	33,288		34,001		69,537	65,986
Sales and marketing	64,837		61,198		132,445	121,767
General and administrative	24,284		26,858		47,613	52,694
Total operating expenses	122,409		122,057		249,595	240,447
Operating loss	(7,631)		(25,000)		(25,864)	(53,798)
Finance expenses, net	1,004		(3,827)		(2,634)	(6,981)
Loss before income taxes	(6,627)		(28,827)		(28,498)	(60,779)
Income tax benefit (expenses)	2,336		(2,487)		(1,951)	(1,848)
Net loss	$ (4,291)		$ (31,314)		$ (30,449)	$ (62,627)
Net loss per share attributable to Ordinary and Non-voting Ordinary shareholders, basic (in dollars per share)	$ (0.01)		$ (0.09)		$ (0.09)	$ (0.18)
Net loss per share attributable to Ordinary and Non-voting Ordinary shareholders, diluted (in dollars per share)	$ (0.01)		$ (0.09)		$ (0.09)	$ (0.18)
Weighted-average shares used in computing net loss per share attributable to Ordinary and Non-voting Ordinary shareholders, basic (in shares)	342,566,112		351,585,059		344,003,462	342,491,457
Weighted-average shares used in computing net loss per share attributable to Ordinary and Non-voting Ordinary shareholders, diluted (in shares)	342,566,112		351,585,059		344,003,462	342,491,457
[1] Includes , for the three months ended June 30, 2024 and 2023 Includes

CONSOLIDATED INTERIM STATEMEN_2

CONSOLIDATED INTERIM STATEMENTS OF LOSS (Parenthetical) - Related Party [Member] - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
CONSOLIDATED INTERIM STATEMENTS OF LOSS [Abstract]
Revenue	$ 60,302	$ 7,190	$ 112,426	$ 14,304
Cost of revenues:
Traffic acquisition costs	$ 78,433	$ 0	$ 152,044	$ 0

CONSOLIDATED INTERIM STATEMEN_3

CONSOLIDATED INTERIM STATEMENTS OF COMPREHENSIVE LOSS - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
CONSOLIDATED INTERIM STATEMENTS OF COMPREHENSIVE LOSS [Abstract]
Net loss	$ (4,291)	$ (31,314)	$ (30,449)	$ (62,627)
Other comprehensive loss:
Unrealized and realized gains on available-for-sale marketable securities, net	7	130	6	457
Unrealized (losses) on derivative instruments, net	(211)	199	(987)	(457)
Other comprehensive (loss)	(204)	329	(981)	0
Comprehensive loss	$ (4,495)	$ (30,985)	$ (31,430)	$ (62,627)

CONSOLIDATED INTERIM STATEMEN_4

CONSOLIDATED INTERIM STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($) $ in Thousands	Ordinary Shares [Member]	Ordinary Shares [Member] Non-Voting Ordinary Shares [Member]	Treasury Ordinary Shares [Member]	Treasury Ordinary Shares [Member] Non-Voting Ordinary Shares [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Total
Beginning balance at Dec. 31, 2022	$ 0	$ 0	$ 0		$ 903,789	$ (68,420)	$ (834)	$ 834,535
Beginning balance (in shares) at Dec. 31, 2022	254,133,863	0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Share-based compensation expenses					33,949			33,949
Repurchase of Ordinary shares			$ (4,358)					(4,358)
Repurchase of Ordinary shares (in shares)			(1,442,000)
Exercise of options and vested RSUs					2,679			2,679
Exercise of options and vested RSUs (in shares)	7,838,081
Connexity issuance of Holdback								0
Connexity issuance of Holdback (in shares)	581,400
Issuance of Ordinary shares and Non-voting Ordinary shares related to Commercial agreement					288,063			288,063
Issuance of Ordinary shares and Non-voting Ordinary shares related to Commercial agreement (in shares)	39,525,691	45,198,702
Payments of tax withholding for share-based compensation					(1,908)			(1,908)
Other comprehensive income (loss)								0
Net loss						(62,627)		(62,627)
Ending balance at Jun. 30, 2023	$ 0	$ 0	$ (4,358)		1,226,572	(131,047)	(834)	1,090,333
Ending balance (in shares) at Jun. 30, 2023	300,637,035	45,198,702
Beginning balance at Mar. 31, 2023	$ 0	$ 0	0		1,209,559	(99,733)	(1,163)	1,108,663
Beginning balance (in shares) at Mar. 31, 2023	297,822,375	45,198,702
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Share-based compensation expenses					17,215			17,215
Repurchase of Ordinary shares			$ (4,358)					(4,358)
Repurchase of Ordinary shares (in shares)			(1,442,000)
Exercise of options and vested RSUs					915			915
Exercise of options and vested RSUs (in shares)	4,256,660
Payments of tax withholding for share-based compensation					(1,117)			(1,117)
Other comprehensive income (loss)							329	329
Net loss						(31,314)		(31,314)
Ending balance at Jun. 30, 2023	$ 0	$ 0	$ (4,358)		1,226,572	(131,047)	(834)	1,090,333
Ending balance (in shares) at Jun. 30, 2023	300,637,035	45,198,702
Beginning balance at Dec. 31, 2023	$ 0	$ 0	(55,513)		1,262,093	(150,460)	942	1,057,062
Beginning balance (in shares) at Dec. 31, 2023	295,670,620	45,198,702
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Share-based compensation expenses					36,012			36,012
Repurchase of Ordinary shares			$ (54,465)					(54,465)
Repurchase of Ordinary shares (in shares)			(11,546,584)	(988,296)
Exercise of options and vested RSUs					4,741			4,741
Exercise of options and vested RSUs (in shares)	7,009,773
Connexity issuance of Holdback								$ 0
Connexity issuance of Holdback (in shares)	581,400
Issuance of Ordinary shares and Non-voting Ordinary shares related to Commercial agreement (in shares)								377,251
Payments of tax withholding for share-based compensation					(1,687)			$ (1,687)
Other comprehensive income (loss)							(981)	(981)
Net loss						(30,449)		(30,449)
Ending balance at Jun. 30, 2024	$ 0	$ 0	$ (109,978)		1,301,159	(180,909)	(39)	1,010,233
Ending balance (in shares) at Jun. 30, 2024	291,715,209	44,210,406
Beginning balance at Mar. 31, 2024	$ 0	$ 0	(83,271)		1,280,715	(176,618)	165	1,020,991
Beginning balance (in shares) at Mar. 31, 2024	293,413,305	45,198,702
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Share-based compensation expenses					19,005			19,005
Repurchase of Ordinary shares			$ (26,707)					(26,707)
Repurchase of Ordinary shares (in shares)			(5,323,413)	(988,296)
Exercise of options and vested RSUs					2,417			2,417
Exercise of options and vested RSUs (in shares)	3,625,317
Payments of tax withholding for share-based compensation					(978)			(978)
Other comprehensive income (loss)							(204)	(204)
Net loss						(4,291)		(4,291)
Ending balance at Jun. 30, 2024	$ 0	$ 0	$ (109,978)		$ 1,301,159	$ (180,909)	$ (39)	$ 1,010,233
Ending balance (in shares) at Jun. 30, 2024	291,715,209	44,210,406

CONSOLIDATED INTERIM STATEMEN_5

CONSOLIDATED INTERIM STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands		6 Months Ended
		Jun. 30, 2024	Jun. 30, 2023
Cash flows from operating activities
Net loss		$ (30,449)	$ (62,627)
Adjustments to reconcile net loss to net cash flows provided by operating activities:
Depreciation and amortization		51,183	45,393
Share-based compensation expenses		34,706	32,617
Net loss from financing expenses		778	236
Revaluation of the Warrants liability		(3,887)	(974)
Amortization of loan and credit facility issuance costs		729	891
Amortization of premium and accretion of discount on short-term investments, net		83	(530)
Change in operating assets and liabilities:
Decrease in trade receivables, net	[1]	24,633	39,271
Decrease in prepaid expenses and other current assets and long-term prepaid expenses		14,990	8,642
Decrease in trade payables	[2]	(11,897)	(29,730)
Increase in accrued expenses and other current liabilities and other long-term liabilities		1,578	1,812
Decrease in deferred taxes, net		(7,901)	(6,494)
Change in operating lease right of use assets		9,284	8,075
Change in operating lease liabilities		(11,206)	(7,460)
Net cash provided by operating activities		72,624	29,122
Cash flows from investing activities
Purchase of property and equipment, including capitalized internal-use software		(18,222)	(10,178)
Business acquisition deferred payment		(719)	0
Investments in restricted deposits		0	(341)
Proceeds from maturities of short-term investments		5,765	77,636
Purchase of short-term investments		0	(21,991)
Net cash provided by (used in) investing activities		(13,176)	45,126
Cash flows from financing activities
Issuance costs		(695)	0
Exercise of options and vested RSUs		4,741	2,456
Payment of tax withholding for share-based compensation expenses		(1,687)	(1,908)
Repurchase of Ordinary shares		(54,465)	(4,358)
Payments on account of repurchase of Ordinary shares		(474)	0
Repayment of long-term loan		0	(31,500)
Net cash used in financing activities		(52,580)	(35,310)
Exchange rate differences on balances of cash and cash equivalents		(778)	(236)
Increase in cash and cash equivalents		6,090	38,702
Cash and cash equivalents - at the beginning of the period		176,108	165,893
Cash and cash equivalents - at end of the period		182,198	204,595
Cash paid during the year for:
Income taxes		9,600	6,833
Interest		7,294	9,767
Non-cash investing and financing activities:
Purchase of property and equipment, including capitalized internal-use software		292	1,705
Share-based compensation included in capitalized internal-use software		1,306	1,332
Creation of operating lease right-of-use assets		$ 3,676	$ 5,593
[1]Includes an increase in related party trade receivables of $30,935 and $421, for the six months ended June 30, 2024 and 2023, respectively.[2]Includes an increase (decrease) in related party trade payables of $20,537 and ($4,920), for the six months ended June 30, 2024 and 2023, respectively.

CONSOLIDATED INTERIM STATEMEN_6

CONSOLIDATED INTERIM STATEMENTS OF CASH FLOWS (Parenthetical) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Change in operating assets and liabilities:
Increase in related party trade receivables	$ 30,935	$ 421
Decrease (increase) in related party trade receivables	$ 20,537	$ (4,920)

GENERAL

GENERAL	6 Months Ended
	Jun. 30, 2024
GENERAL [Abstract]
GENERAL	NOTE 1:- GENERAL a. Taboola.com Ltd. (together with its subsidiaries, the “Company” or “Taboola”) was incorporated under the laws of the state of Israel on September 3, 2006. Taboola is a technology company that powers recommendations across the Open Web with an artificial intelligence-based, algorithmic engine developed since the Company began operations in 2007. Taboola partners with websites, devices, and mobile apps (collectively referred to as “digital properties”), to recommend editorial content and advertisements on the Open Web. Digital properties use Taboola’s technology platforms to achieve their business goals, such as driving new audiences to their sites and apps or increasing engagement with existing audiences. Taboola also provides monetization opportunities to digital properties by surfacing paid recommendations by advertisers. Taboola is a business-to-business company with no competing consumer interests. Taboola empowers advertisers to leverage its proprietary AI-powered recommendation platform to reach targeted audiences utilizing effective, native ad-formats across digital properties. As part of the Company e-Commerce offerings, it also syndicates its retailer advertisers’ monetized product listings and links (clickable advertisements) into commerce content-oriented consumer experiences on both the Open Web and within the dominant traditional ad platforms. Taboola generates revenues when people (consumers) click on, purchase from or, in some cases, view the ads that appear within its recommendation platform. The Company’s customers are the advertisers, merchants and affiliate networks that advertise on the Company’s platform (“Advertisers”). Advertisers pay Taboola for those clicks, purchases or impressions, and Taboola shares a portion of the resulting revenue with the digital properties who display those ads. b. In November 2022, the Company announced it entered into a 30-year exclusive commercial agreement (the “Commercial agreement”) with Yahoo Inc. and affiliated entities (“Yahoo”), under which Taboola will power native advertising across all of Yahoo’s digital properties, expanding the Company’s native advertising offering. In connection with this transaction, and following approval by the Company’s shareholders on December 30, 2022, the articles of association of the Company were amended and restated (the “Articles”) in their entirety to include a Non-voting Ordinary share class with an authorized share capital of 46,000,000. On January 17, 2023 (the “Transaction closing date”), the Company closed the transaction related agreements, including the issuance of 39,525,691 Ordinary shares and 45,198,702 Non-voting Ordinary shares to Yahoo. Based on the closing share price, on January 17, 2023, of $3.40 per share, the aggregate fair value of the issued shares amounted to $288,063. As part of the Ordinary shares and Non-voting Ordinary shares issuance, the Company incurred $1,388 of issuance expenses. The Non-voting Ordinary shares are not entitled to vote on or receive notices with respect to any matter pursuant to our Articles and are not entitled to vote or to be counted for purposes of determining whether any vote required under the Articles has been approved by the requisite percentage of voting securities or to be counted towards any quorum required pursuant to the Articles. Except with respect to the voting rights and to the rights to receive notice of meetings of the shareholders, the Non-voting Ordinary shares have rights identical to the rights of Ordinary shares. In connection with the transaction, the Company and Yahoo entered into an Investor Rights Agreement, under which, inter alia, Yahoo is entitled, in certain circumstances, to cause the Company to register the Ordinary shares issued to Yahoo for resale under the Securities Act of 1933, as amended. The Company accounts for the consideration paid to Yahoo (the “Commercial agreement asset”) as an up-front payment for traffic acquisition costs paid to the digital property partner, which is amortized over the shorter of respective contractual terms and the economic benefit period of the digital property arrangement. The Company and Yahoo are still in the Commercial agreement transition period (as defined in the Commercial agreement), consequently, the exclusivity period has not begun. For the three and six months ended June 30 , 2024 and 2023, the Company did not record amortization expenses of the Commercial agreement asset.

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2024
SIGNIFICANT ACCOUNTING POLICIES [Abstract]
SIGNIFICANT ACCOUNTING POLICIES	NOTE 2:- SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The accompanying unaudited consolidated interim financial statements have been prepared in accordance with Generally Accepted Accounting Principles in the United States (“GAAP”), and applicable rules and regulations of the Securities and Exchange Commission (“SEC”) regarding interim financial reporting and include the accounts of Taboola.com Ltd. and its wholly-owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation. The consolidated balance sheet as of December 31, 2023, included herein, was derived from the audited consolidated financial statements as of that date, but does not include all of the disclosures, including certain notes required by GAAP on an annual reporting basis. Certain information and note disclosures normally included in the financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. Therefore, these unaudited consolidated interim financial statements should be read in conjunction with the audited consolidated financial statements and the related notes thereto included in the Company’s Annual Report on Form 10-K as of and for the year ended December 31, 2023, filed with the SEC on February 28, 2024. In the opinion of the Company’s management, the unaudited consolidated interim financial statements have been prepared on a basis consistent with the annual consolidated financial statements and reflect all adjustments, which include only normal recurring adjustments necessary for the fair presentation of the Company’s unaudited interim consolidated financial statements. The results of operations for the three and six months ended June 30, 2024, are not necessarily indicative of the results to be expected for the full year ending December 31, 2024, or any other future interim or annual period. Use of Estimates The preparation of the interim consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the interim consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period and accompanying notes. Actual results could differ from those estimates. The Company’s management regularly evaluates its estimates, primarily those related to: (1) revenue recognition criteria, including the determination of revenue reporting as gross versus net in the Company’s revenue arrangements, (2) allowances for credit losses, (3) operating lease assets and liabilities, including the incremental borrowing rate and terms and provisions of each lease (4) the useful lives of its Commercial agreement asset, property and equipment and capitalized software development costs, (5) income taxes, (6) assumptions used in the option pricing models to determine the fair value of share-based compensation (7) the fair value of financial assets and liabilities, including the fair value of marketable securities, Private Warrants and derivative instruments (8) the fair value of acquired intangible assets and goodwill annual impairment test, and (9) the recognition and disclosure of contingent liabilities. These estimates are based on historical data and experience, as well as various other factors that management believes to be reasonable under the circumstances; the results of which form the basis for making judgments about the carrying value of assets and liabilities that are not readily apparent from other sources. As of June 30, 2024, the impacts to the Company’s business due to geopolitical developments , such as the wars in Israel and Ukraine and other active or possible hostilities, a Concentrations of Credit Risk The Company’s trade receivables are geographically diversified and derived mainly from sales in the United States, Israel, Germany and United Kingdom. Concentration of credit risk with respect to trade receivables is limited by credit limits, ongoing credit evaluation and account monitoring procedures. The Company performs ongoing credit evaluations of its accounts receivables and establishes an allowance for expected losses as necessary. As of June 30, 2024, the Company had a single and 13.3% As of December 31, 2023, no single customer represented 10% or more of trade receivables. No single customer accounted for more than 10% of total revenue for the three and six months ended June 30, 2023. Significant Accounting Policies The Company’s significant accounting policies are discussed in Note 2, Summary of Significant Accounting Policies, in the Company’s Annual Report on Form 10-K as of and for the year ended December 31, 2023, as filed with the SEC on February 28, 2024. There have been no significant changes to these policies during the six months ended June 30, 2024. Reclassification Certain amounts in the corresponding prior periods have been reclassified to conform with the current period presentation. Such reclassifications did not affect net loss, changes in the shareholders’ equity or cash flows. Recently Issued Accounting Pronouncements In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topics 740): Improvements to Income Tax Disclosures In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures

CASH AND CASH EQUIVALENTS

CASH AND CASH EQUIVALENTS	6 Months Ended
	Jun. 30, 2024
CASH AND CASH EQUIVALENTS [Abstract]
CASH AND CASH EQUIVALENTS	NOTE 3:- CASH AND CASH EQUIVALENTS The following table presents for each reported period, the breakdown of cash and cash equivalents: June 30 December 31, 2024 2023 Unaudited Cash $ 112,764 $ 99,811 Money market funds 68,972 72,510 Time deposits 462 3,787 Total cash and cash equivalents $ 182,198 $ 176,108

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	6 Months Ended
	Jun. 30, 2024
FAIR VALUE MEASUREMENTS [Abstract]
FAIR VALUE MEASUREMENTS	NOTE 4:- FAIR VALUE MEASUREMENTS The Company evaluates assets and liabilities subject to fair value measurements on a recurring basis to determine the appropriate level to classify them for each reporting period. The Company did not have any transfers between fair value measurements levels during the six months ended June 30, 2024. The following table sets forth the Company’s assets and liabilities that were measured at fair value as of June 30, 2024 and December 31, 2023, by level within the fair value hierarchy: Fair value measurements as of Description Fair Value Hierarchy June 30 2024 December 31, 2023 Unaudited Assets: Cash equivalents: Money market funds Level 1 $ 68,972 $ 72,510 Short-term investments: Corporate debt securities Level 2 $ — $ 3,651 Commercial paper Level 2 $ — $ 2,074 Derivative instruments asset: Derivative instruments designated as cash flow hedging instruments Level 2 $ — $ 948 Liabilities: Warrants liability: Public Warrants Level 1 $ (1,496 ) $ (4,253 ) Private Warrants Level 3 $ (746 ) $ (1,876 ) Derivative instruments liability: Derivative instruments designated as cash flow hedging instruments Level 2 $ (39 ) $ — The Company classifies its money market funds as Level 1 based on quoted market prices in active markets. The Company classifies its short-term investments and derivative instruments within Level 2 as they are valued using inputs other than quoted prices which are directly or indirectly observable in the market, including readily-available pricing sources for the identical underlying security which may not be actively traded. The Company measures the fair value for Warrants by using a quoted price for the Public Warrants, which are classified as Level 1, and a Black-Scholes simulation model for the Private Warrants, which are classified as Level 3, due to the use of unobservable inputs. The key inputs into the Black-Scholes model for the Private Warrants were as follows: Input June 30 2024 December 31, 2023 Unaudited Risk-free interest rate 4.60% - 4.87 % 4.04% - 4.28 % Expected term (years) 1.25 - 2.00 1.75 - 2.50 Expected volatility 53.7% - 64.8 % 61.1% - 63.9 % Exercise price $ 11.50 $ 11.50 Underlying share price $ 3.44 $ 4.33 The Company’s use of a Black-Scholes model required the use of subjective assumptions: ● The risk-free interest rate assumption was interpolated based on constant maturity U.S. Treasury rates over a term commensurate with the expected term of the Private Warrants. ● The expected term was based on the maturity of the Private Warrants of five years following June 29, 2021, the Business Combination date, and for certain Private Warrants the maturity was determined to be five years from the date of the October 1, 2020, ION initial public offering effective date. ● The expected volatility is based on the Company’s share price volatility. For periods prior January 1, 2024, the expected share volatility assumption was based on the implied volatility from a set of comparable publicly-traded companies as determined based on size and proximity, as the Company did not have sufficient trading history The following table presents the changes in the fair value of Warrants liability: Private Public Total Input Warrants Warrants Warrants Fair value as of December 31, 2023 $ 1,876 $ 4,253 $ 6,129 Change from private to public holdings (77 ) 77 — Change in fair value (1,053 ) (2,834 ) (3,887 ) Fair value as of June 30 2024 $ 746 $ 1,496 $ 2,242

SHORT-TERM INVESTMENTS

SHORT-TERM INVESTMENTS	6 Months Ended
	Jun. 30, 2024
SHORT-TERM INVESTMENTS [Abstract]
SHORT-TERM INVESTMENTS	NOTE 5:- SHORT-TERM INVESTMENTS As of June 30, 2024, the Company did not hold available-for-sale marketable securities. The following is a summary of available-for-sale marketable securities as of December 31, 2023: Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Corporate debt securities $ 3,654 $ — $ (3 ) $ 3,651 Commercial paper 2,077 — (3 ) 2,074 Total $ 5,731 $ — $ (6 ) $ 5,725

DERIVATIVE INSTRUMENTS AND HEDG

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES	6 Months Ended
	Jun. 30, 2024
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES [Abstract]
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES	NOTE 6:- DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES The Company enters into foreign currency forward contracts and put and call options with financial institution s As of June 30, 2024 and December 31, 2023, the notional amounts of the Company’s derivative instruments designated as cash flow hedging instruments outstanding in U.S. dollars amounted to $19,154 and $39,347, respectively. Gross notional amounts do not quantify risk or represent assets or liabilities of the Company but are used in the calculation of settlements under the contracts. The Company records all cash flow hedging instruments on the consolidated balance sheets at fair value. The fair values of outstanding derivative instruments designated as cash flow hedging instruments were as follows: June 30, 2024 December 31, 2023 Unaudited Prepaid expenses and other current assets $ — $ 948 Accrued expenses and other current liabilities $ 39 $ — The gains (losses) related to cash flow hedging instruments, recorded in the consolidated interim statements of loss, for the three and six months ended June 30, 2024 and 2023, were as follows: Three months ended June 30, Six months ended June 30, 2024 2023 2024 2023 Unaudited Cost of revenues $ — $ (54 ) $ 15 $ (82 ) Research and development — (536 ) 174 (851 ) Sales and marketing — (100 ) 43 (156 ) General and administrative — (104 ) 35 (153 ) Total gains (losses) recognized in the consolidated statements of loss, net $ — $ (794 ) $ 267 $ (1,242 ) Effect of Foreign Currency Contracts on Accumulated Other Comprehensive Income (Loss) The changes in unrealized gains (losses) on the Company’s derivative instruments recorded in accumulated other comprehensive income (loss) were as follows: Six months ended June 30, 2024 2023 Unaudited Unrealized gains (losses) on derivative instruments at the beginning of the period $ 948 $ (313 ) Changes in fair value of derivative instruments (720 ) (1,699 ) Reclassification of losses (gains) recognized in the consolidated interim statements of loss from accumulated other comprehensive income (loss) (267 ) 1,242 Unrealized losses on derivative instruments at the end of the period (unaudited) $ (39 ) $ (770 ) All net deferred losses in accumulated other comprehensive income (loss) as of June 30, 2024, are expected to be recognized over the next twelve months as operating expenses in the same financial statement line item in the consolidated interim statements of loss to which the derivative relates.

GOODWILL AND INTANGIBLE ASSETS,

GOODWILL AND INTANGIBLE ASSETS, NET	6 Months Ended
	Jun. 30, 2024
GOODWILL AND INTANGIBLE ASSETS, NET [Abstract]
GOODWILL AND INTANGIBLE ASSETS, NET	NOTE 7 :- GOODWILL AND INTANGIBLE ASSETS, NET Goodwill There was no impairment or additions to goodwill during the three and six months ended June 30, 2024. Intangible Assets, Net Definite-lived intangible assets, net consist of the following: June 30, 2024 Gross Fair Value Accumulated Amortization Net Book Value Merchant/Network affiliate relationships $ 146,547 $ (92,270 ) $ 54,277 Technology 74,193 (49,285 ) 24,908 Publisher relationships 42,933 (30,411 ) 12,522 Tradenames 24,097 (22,764 ) 1,333 Customer relationship 13,146 (12,621 ) 525 Total (unaudited) $ 300,916 $ (207,351 ) $ 93,565 December 31, 2023 Gross Fair Accumulated Amortization Net Book Value Merchant/Network affiliate relationships $ 146,547 $ (75,987 ) $ 70,560 Technology 74,193 (43,535 ) 30,658 Publisher relationships 42,933 (25,044 ) 17,889 Tradenames 24,097 (18,739 ) 5,358 Customer relationships 13,146 (12,353 ) 793 Total $ 300,916 $ (175,658 ) $ 125,258 Amortization expenses for intangible assets were $15,758 and $15,962, for the three months ended June 30, 2024 and 2023, respectively, and $31,693 and $31,931, for the six months ended June 30, 2024 and 2023, respectively. The estimated future amortization expense of definite-lived intangible assets as of June 30, 2024, is as follows (unaudited): Year Ending December 31, 2024 (Remainder) $ 28,825 2025 51,407 2026 13,244 2027 89 Total $ 93,565

FINANCING ARRANGEMENTS

FINANCING ARRANGEMENTS	6 Months Ended
	Jun. 30, 2024
FINANCING ARRANGEMENTS [Abstract]
FINANCING ARRANGEMENTS	NOTE 8:- FINANCING ARRANGEMENTS Long-term loan Concurrently with the closing of the Connexity Acquisition, on September 1, 2021, the Company entered into a $300,000 senior secured term loan credit agreement (the “Credit Agreement”), among the Company, Taboola Inc., a wholly-owned Company’s subsidiary (the “Borrower”), the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent. The Credit Agreement provides for borrowings in an aggregate principal amount of up to $300,000 (the “Facility”). The Facility was fully drawn at closing, net of issuance expenses of $11,250, and the proceeds were used by the Company to finance a portion of the Connexity Acquisition. The Facility is subject to customary borrowing conditions. In accordance with the terms of the Credit Agreement, the Credit Agreement was amended on June 12, 2023, to replace LIBOR with SOFR and accordingly the Facility bears interest at a variable annual rate based on Term SOFR or Base Rate plus a fixed margin. The Facility will mature on the seven The Credit Agreement also contains customary representations, covenants and events of default. Failure to meet the covenants beyond applicable grace periods could result in acceleration of outstanding borrowings and/or termination of the Facility. As of June 30, 2024, the Company was in compliance with the Facility covenants. The Facility is guaranteed by the Company and all of its wholly-owned material subsidiaries, subject to certain exceptions set forth in the Credit Agreement (collectively, the “Guarantors”). The obligations of the Borrower and the Guarantors are secured by substantially all the assets of the Borrower and the Guarantors including shares of subsidiaries, subject to certain exceptions set forth in the Credit Agreement. The total interest expenses, including issuance costs amortization, recognized in connection with the long-term loan were $3,967 and $5,027, for the three months ended June 30, 2024 and 2023, respectively, and $7,908 and $10,500, for the six months ended June 30, 2024 and 2023, respectively. The long-term loan interest and issuance costs amortization, included as interest expenses, are recognized through the remaining term of the Credit agreement using the effective interest rate. Revolving Credit Agreement Certain representations, events of default and covenants of the Revolving Credit Agreement are substantially the same as those in the Credit Agreement. However, the Revolving Credit Agreement contains a financial covenant requiring the Company to maintain a Total Net Leverage Ratio (as defined in the Revolving Credit Agreement) as at the last day of each fiscal quarter. Borrowings under the Revolving Credit Agreement are subject to customary conditions and will bear interest at a variable annual rate based on Term SOFR or Base Rate plus a fixed margin. The lenders under the Credit Agreement and the lenders under the Revolving Credit Agreement are secured by the same collateral, including substantially all the assets of the Borrower and the Guarantors (as defined in the Credit Agreement) including shares of subsidiaries, subject to certain exceptions in the governing documents. The proceeds of any Revolving Loans may be used for the working capital, capital expenditures and other general corporate purposes of Taboola and its subsidiaries and may also be used for Restricted Payments, Investments (including permitted acquisitions) and Restricted Debt Payments (each, as defined in the Credit Agreement) to the extent permitted under the Credit Agreement. As of June 30, 2024, the Company was in compliance with the financial covenants and had no outstanding borrowings under the Revolving Credit Agreement. As of June 30, 2024 and December 31, 2023, deferred financing costs associated with entering into the Revolving Credit Agreement in the total amount of $778 and $893, respectively, were included in short-term and long-term prepaid expenses in the Company’s consolidated balance sheets. The deferred financing costs are amortized on a straight-line basis over the term of the Revolving Credit Agreement. Deferred financing costs amortization amounted to $52 and $65, for the three months ended June 30, 2024 and 2023, respectively, and $115 and $ 127, for the six months ended June 30, 2024 and 2023, respectively.

SHAREHOLDERS' EQUITY AND SHARE

SHAREHOLDERS' EQUITY AND SHARE INCENTIVE PLANS	6 Months Ended
	Jun. 30, 2024
SHAREHOLDERS' EQUITY AND SHARE INCENTIVE PLANS [Abstract]
SHAREHOLDERS' EQUITY AND SHARE INCENTIVE PLANS	NOTE 9:- SHAREHOLDERS’ EQUITY AND SHARE INCENTIVE PLANS Share Capital Holders of Ordinary shares have the right to receive notice of, and to participate in, all general meetings of the Company, where each Ordinary share shall have one vote. Each holder has the right to receive dividends, if any, in proportion to their respective Ordinary share holdings. In the event of Taboola’s liquidation, after satisfaction of liabilities to creditors, Company assets will be distributed to the holders of its Ordinary shares in proportion to their shareholdings. On December 30, 2022, in connection with the Yahoo transaction, the Company’s shareholders approved an amendment and restatement to the Articles to include a Non-voting Ordinary share class with an authorized share capital of 46,000,000. In January 2023 the Company issued 45,198,702 Non-voting Ordinary shares to Yahoo. The Non-voting Ordinary shares are not entitled to vote, except in limited circumstances as provided in the Articles. Other than the voting rights, the rights to receive notice of meetings of shareholders and limited circumstances as described in the Company’s Articles, the Non-voting Ordinary shares will have rights identical to the rights of Ordinary shares as described above (see Note 1b). Share Buyback Program The Company’s board of directors authorized a share buyback program of the Company’s outstanding Ordinary shares, which commenced in June 2023 and does not have an expiration date (the “Buyback Program”). In 2023, the Company’s board of directors authorized up to $80,000 of buybacks under the Buyback Program. In February 2024, the Company’s board of directors authorized up to $100,000 for use under the Buyback Program, including any remaining authority from the 2023 board of directors authorization, subject to satisfying required conditions under the Israeli Companies Law and the Companies Regulations (Reliefs for Corporations, Which Securities Are Listed on Foreign Stock Exchanges) - 2000. As permitted by the Buyback Program, share repurchases may be made from time to time, in privately negotiated transactions or in the open market, including through trading plans, at the discretion of the Company’s management and as permitted by securities laws and other legal requirements. The Buyback Program does not obligate the Company to repurchase any specific number of shares and the number of shares repurchased may depend upon market and economic conditions and other factors. The Buyback Program may be discontinued, modified or suspended at any time. During the six months ended June 30, 2024, the Company repurchased 12,534,880 of its shares, consisting of 11,546,584 Ordinary shares, and 988,296 Non-voting Ordinary shares (see Note 12) at an average price of $4.32 per share (excluding broker and transaction fees of $289). As of June 30, 2024, the Company had remaining authorization under the Buyback Program to repurchase Ordinary shares up to an aggregate amount of $65,557, subject to satisfying required conditions under the Companies Law and Companies Regulations. Share Incentive Plans a . In addition to the Buyback Program detailed above, the Company utilizes a net issuance mechanism to satisfy tax withholding obligations related to equity-based compensation on behalf of its directors, officers and other employees (the “Net Issuances”). In April 2024, the Company satisfied the required conditions, as set forth in the Israeli Companies Law and the Companies Regulations, to conduct future repurchases of its Ordinary shares under the Buyback Program and Net Issuances in an aggregate amount up to $100,000, which amount was partly utilized under the Company’s previous Israeli court authorization. The Company’s board of directors have the authority to determine the amount to be utilized for Net Issuances and Ordinary share repurchases. For the six months ended June 30, 2024 and 2023, the Company utilized the net issuance mechanism in connection with equity-based compensation for certain Office Holders, which resulted in a tax withholding payment by the Company of $1,687 and $1,908, respectively, which were recorded as a reduction of additional paid-in capital. b. The following is a summary of share option activity and related information for the six months ended June 30, 2024 (including employees, directors, officers and consultants of the Company): Outstanding Share Options Weighted Average Exercise Price Weighted Average Remaining Contractual Life (Years) Aggregate Intrinsic Value Balance as of January 1, 2024 29,291,285 $ 3.35 5.27 $ 57,118 Exercised (2,374,502 ) 2.02 — 5,361 Forfeited (406,921 ) 3.55 — — Balance as of June 30, 2024 (unaudited) 26,509,862 $ 3.47 5.12 $ 34,151 Exercisable as of June 30, 2024 (unaudited) 23,250,859 $ 3.04 4.88 $ 31,955 During the six months ended June 30, 2024, the Company did not grant options. The aggregate intrinsic value in the table above represents the total intrinsic value that would have been received by the option holders had all option holders exercised their options on the last date of the period. As of June 30 , , unrecognized share-based compensation cost related to unvested share options was $9,033, which is expected to be recognized over a weighted-average period of years. c. The following is a summary of the RSU activity and related information for the six months ended June 30 , : Outstanding Restricted Shares Unit Weighted Average Grant Date Fair Value Balance as of January 1, 2024 23,479,308 $ 5.13 Granted 13,301,250 4.71 Vested (*) (4,635,271 ) 5.43 Forfeited (1,074,647 ) 4.74 Balance as of June 30, 2024 (unaudited) 31,070,640 $ 4.92 (*) A portion of the shares that vested w ere netted out to satisfy the tax obligations of the recipients. During the , a total of RSUs were to satisfy tax obligations, resulting in net issuance of 377,251 Ordinary shares. The total release date fair value of RSUs was $20,702, during the six months ended June 30, 2024. As of June 30, 2024, unrecognized share-based compensation cost related to unvested RSUs was $131,612, which is expected to be recognized over a weighted-average period of 2.76 years. The total share-based compensation expense related to all of the Company s share-based awards recognized for the three , 202 , was comprised as follows: Three months ended June 30, Six months ended June 30, 2024 2023 2024 2023 Unaudited Cost of revenues $ 1,096 $ 1,039 $ 2,107 $ 2,083 Research and development 6,852 6,181 13,230 12,025 Sales and marketing 4,532 4,401 8,855 8,686 General and administrative 5,825 4,914 10,514 9,823 Total share-based compensation expense $ 18,305 $ 16,535 $ 34,706 $ 32,617

INCOME TAXES

INCOME TAXES	6 Months Ended
	Jun. 30, 2024
INCOME TAXES [Abstract]
INCOME TAXES	NOTE 10 :- INCOME TAXES The Company’s effective tax rate is highly dependent upon the geographic distribution of its worldwide earnings or losses and tax regulations. The Company’s effective tax rates were 35.2% and (8.6%) for the three months ended June 30, 2024 and 2023, respectively, and (6.8%) and (3.0%) for the six months ended June 30, 2024 and 2023, respectively

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended
	Jun. 30, 2024
COMMITMENTS AND CONTINGENCIES [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 11:- COMMITMENTS AND CONTINGENCIES Commercial Commitments In the ordinary course of the business, the Company enters into agreements with certain digital properties, under which, in some cases it agrees to pay them a guaranteed amount, generally per thousand page views on a monthly basis. These agreements could cause a gross loss on digital property accounts in which the guarantee is higher than the actual revenue generated. These contracts generally range in duration from 2 to 5 years, though some can be shorter or longer. Non-cancelable Purchase Obligations In the normal course of business, the Company enters into non-cancelable purchase commitments with various parties to purchase primarily software and IT related-based services. As of June 30, 2024, the Company had outstanding non-cancelable purchase obligations in the amount of $22,982. Legal Proceedings In the ordinary course of business, the Company may be subject from time to time to various proceedings, lawsuits, disputes, or claims. The Company investigates these claims as they arise and records a provision, as necessary. Provisions are reviewed and adjusted to reflect the impact of negotiations, estimated settlements, legal rulings, advice of legal counsel and other information and events pertaining to a particular matter. Although claims are inherently unpredictable, the Company is currently not aware of any matters that, it believes would individually or taken together, have a material adverse effect on its business, financial position, results of operations, or cash flows.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	6 Months Ended
	Jun. 30, 2024
RELATED PARTY TRANSACTIONS [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 12:- RELATED PARTY TRANSACTIONS The Company is a party to certain transaction-related agreements with Yahoo, pursuant to which the Company issued 39,525,691 Ordinary shares and 45,198,702 Non-voting Ordinary shares to Yahoo, and granting Yahoo the right to appoint one representative to the Company’s board of directors, resulting in Yahoo to become a principal shareholder effective the Transaction closing on January 17, 2023 (see Note 1b). In June 2024, the Company repurchased 988,296 of the Non-voting Ordinary shares at a price of $4.07 per share, based on the terms stipulated in the agreement, for an aggregate purchase price of $4,022 as part of the Buyback Program (see Note 9). The Company and its affiliates are parties to several agreements in the ordinary course of business with Yahoo and its affiliates. Revenues from the related party are derived from Yahoo’s advertiser spend on our network, for which Yahoo is the billing entity. Traffic acquisition cost to the related party is compensation for placing Taboola’s platform on Yahoo’s digital property. In connection with these agreements, the Company recorded revenues from Yahoo in the amount of $60,302 and $7,190, for the three months ended June 30, 2024 and 2023, respectively, and in the amount of $112,426 and $14,304, for the six months ended June 30, 2024 and 2023, respectively. In addition, the Company recorded traffic acquisition costs related to Yahoo in the amount of for the three months ended June 30, 2024 and 2023, respectively, and in the amount of $152,044 and $0, for the six months ended June 30, 2024 and 2023, respectively. Certain traffic acquisition costs for the three and six months ended June 30, 2024, noted herein, are unaffiliated with the Yahoo revenues recognized during the three and six months ended June 30, 2024. As of June 30, 2024 and December 31, 2023, in regards to Yahoo, the Company’s balances of trade receivables were $43,232 and $12,297, respectively, and its balances of trade payables were $59,194 and $38,657, respectively, associated with the revenues presented on both a gross and net basis. The Company and Yahoo, pursuant to the Omnibus Agreement entered into on November 28, 2022, each agreed to pay certain expenses in connection with the transaction and each party agreed to reimburse the other for some or all of these expenses. Under these arrangements, the Company recognized expenses, net of $502 and $2,623, for the three months ended June 30, 2024 and 2023, respectively, and of $1,025 and $2,623, for the six months ended June 30, 2024 and 2023, respectively.

GEOGRAPHIC INFORMATION

GEOGRAPHIC INFORMATION	6 Months Ended
	Jun. 30, 2024
GEOGRAPHIC INFORMATION [Abstract]
GEOGRAPHIC INFORMATION	NOTE 13 :- GEOGRAPHIC INFORMATION The following table represents total revenue by geographic area based on the Advertisers’ billing address: Three months ended June 30, Six months ended June 30, 2024 2023 2024 2023 Unaudited Israel $ 26,857 $ 31,752 $ 58,322 $ 77,251 United States 204,871 127,519 398,232 242,295 Germany 36,732 31,594 72,429 62,969 United Kingdom 16,290 17,835 36,364 35,783 Rest of the world 143,410 123,304 276,821 241,392 Total $ 428,160 $ 332,004 $ 842,168 $ 659,690

NET LOSS PER SHARE ATTRIBUTABLE

NET LOSS PER SHARE ATTRIBUTABLE TO ORDINARY SHAREHOLDERS	6 Months Ended
	Jun. 30, 2024
NET LOSS PER SHARE ATTRIBUTABLE TO ORDINARY SHAREHOLDERS [Abstract]
NET LOSS PER SHARE ATTRIBUTABLE TO ORDINARY SHAREHOLDERS	NOTE 14:- NET LOSS PER SHARE ATTRIBUTABLE TO ORDINARY SHAREHOLDERS Three months ended June 30, Six months ended June 30, 2024 2023 2024 2023 Ordinary shares Non-voting Ordinary shares Ordinary shares Non-voting Ordinary shares Ordinary shares Non-voting Ordinary shares Ordinary shares Non-voting Ordinary shares Unaudited Numerator: Net loss attributable to Ordinary shareholders, basic and diluted $ (3,729 ) $ (562 ) $ (27,288 ) $ (4,026 ) $ (26,461 ) $ (3,988 ) $ (55,138 ) $ (7,489 ) Denominator: Weighted-average shares used in computing net loss per share attributable to Ordinary shareholders, basic and diluted 297,660,641 44,905,471 306,386,357 45,198,702 298,953,005 45,050,457 301,537,937 40,953,520 Net loss per share attributable to Ordinary and non-voting Ordinary shareholders, basic and diluted $ (0.01 ) $ (0.01 ) $ (0.09 ) $ (0.09 ) $ (0.09 ) $ (0.09 ) $ (0.18 ) $ (0.18 ) The potential shares of O rdinary hares that were excluded from the computation of diluted net loss per share attributable to rdinary shareholders for the periods presented because including them would have been anti-dilutive are as follows: Three months ended June 30 Six June 30 2024 2023 2024 2023 Unaudited Warrants 12,349,990 12,349,990 12,349,990 12,349,990 RSUs 31,969,150 26,949,979 29,351,972 26,949,979 Outstanding share options 20,261,177 27,309,646 20,988,867 27,309,646 Issuable Ordinary Shares related to Business Combination under holdback arrangement 581,392 1,744,192 775,192 1,744,192 Total 65,161,709 68,353,807 63,466,021 68,353,807

INSIDER TRADING ARRANGEMENTS

INSIDER TRADING ARRANGEMENTS - Lior Golan [Member]	6 Months Ended
	Jun. 30, 2024 shares
Trading Arrangements, by Individual [Table]
Material Terms of Trading Arrangement	On May 23, 2024 Lior Golan, Chief Technology Officer, adopted a 10b5-1 trading plan providing for the potential sale of up to 1,017,498 Ordinary shares of the Company. The duration of the plan is until the earlier of February 28, 2025
Trading Arrangement, Individual Name	Lior Golan
Trading Arrangement, Individual Title	Chief Technology Officer
Rule 10b5-1 Arrangement Adopted [Flag]	true
Non-Rule 10b5-1 Arrangement Adopted [Flag]	false
Trading Arrangement Adoption Date	May 23, 2024
Trading Arrangement Duration	281 days
Trading Arrangement, Securities Aggregate Available Amount	1,017,498
Rule 10b5-1 Arrangement Terminated [Flag]	false
Non-Rule 10b5-1 Arrangement Terminated [Flag]	false

SIGNIFICANT ACCOUNTING POLICI_2

SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Jun. 30, 2024
SIGNIFICANT ACCOUNTING POLICIES [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited consolidated interim financial statements have been prepared in accordance with Generally Accepted Accounting Principles in the United States (“GAAP”), and applicable rules and regulations of the Securities and Exchange Commission (“SEC”) regarding interim financial reporting and include the accounts of Taboola.com Ltd. and its wholly-owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation. The consolidated balance sheet as of December 31, 2023, included herein, was derived from the audited consolidated financial statements as of that date, but does not include all of the disclosures, including certain notes required by GAAP on an annual reporting basis. Certain information and note disclosures normally included in the financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. Therefore, these unaudited consolidated interim financial statements should be read in conjunction with the audited consolidated financial statements and the related notes thereto included in the Company’s Annual Report on Form 10-K as of and for the year ended December 31, 2023, filed with the SEC on February 28, 2024. In the opinion of the Company’s management, the unaudited consolidated interim financial statements have been prepared on a basis consistent with the annual consolidated financial statements and reflect all adjustments, which include only normal recurring adjustments necessary for the fair presentation of the Company’s unaudited interim consolidated financial statements. The results of operations for the three and six months ended June 30, 2024, are not necessarily indicative of the results to be expected for the full year ending December 31, 2024, or any other future interim or annual period.
Use of Estimates	Use of Estimates The preparation of the interim consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the interim consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period and accompanying notes. Actual results could differ from those estimates. The Company’s management regularly evaluates its estimates, primarily those related to: (1) revenue recognition criteria, including the determination of revenue reporting as gross versus net in the Company’s revenue arrangements, (2) allowances for credit losses, (3) operating lease assets and liabilities, including the incremental borrowing rate and terms and provisions of each lease (4) the useful lives of its Commercial agreement asset, property and equipment and capitalized software development costs, (5) income taxes, (6) assumptions used in the option pricing models to determine the fair value of share-based compensation (7) the fair value of financial assets and liabilities, including the fair value of marketable securities, Private Warrants and derivative instruments (8) the fair value of acquired intangible assets and goodwill annual impairment test, and (9) the recognition and disclosure of contingent liabilities.
Concentrations of Credit Risk	Concentrations of Credit Risk The Company’s trade receivables are geographically diversified and derived mainly from sales in the United States, Israel, Germany and United Kingdom. Concentration of credit risk with respect to trade receivables is limited by credit limits, ongoing credit evaluation and account monitoring procedures. The Company performs ongoing credit evaluations of its accounts receivables and establishes an allowance for expected losses as necessary. As of June 30, 2024, the Company had a single and 13.3% As of December 31, 2023, no single customer represented 10% or more of trade receivables. No single customer accounted for more than 10% of total revenue for the three and six months ended June 30, 2023.
Reclassification	Reclassification Certain amounts in the corresponding prior periods have been reclassified to conform with the current period presentation. Such reclassifications did not affect net loss, changes in the shareholders’ equity or cash flows.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topics 740): Improvements to Income Tax Disclosures In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures

CASH AND CASH EQUIVALENTS (Tabl

CASH AND CASH EQUIVALENTS (Tables)	6 Months Ended
	Jun. 30, 2024
CASH AND CASH EQUIVALENTS [Abstract]
Breakdown of Cash and Cash Equivalents	The following table presents for each reported period, the breakdown of cash and cash equivalents: June 30 December 31, 2024 2023 Unaudited Cash $ 112,764 $ 99,811 Money market funds 68,972 72,510 Time deposits 462 3,787 Total cash and cash equivalents $ 182,198 $ 176,108

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	6 Months Ended
	Jun. 30, 2024
FAIR VALUE MEASUREMENTS [Abstract]
Assets and Liabilities Measured at Fair Value	The following table sets forth the Company’s assets and liabilities that were measured at fair value as of June 30, 2024 and December 31, 2023, by level within the fair value hierarchy: Fair value measurements as of Description Fair Value Hierarchy June 30 2024 December 31, 2023 Unaudited Assets: Cash equivalents: Money market funds Level 1 $ 68,972 $ 72,510 Short-term investments: Corporate debt securities Level 2 $ — $ 3,651 Commercial paper Level 2 $ — $ 2,074 Derivative instruments asset: Derivative instruments designated as cash flow hedging instruments Level 2 $ — $ 948 Liabilities: Warrants liability: Public Warrants Level 1 $ (1,496 ) $ (4,253 ) Private Warrants Level 3 $ (746 ) $ (1,876 ) Derivative instruments liability: Derivative instruments designated as cash flow hedging instruments Level 2 $ (39 ) $ —
Key Inputs into Black-Scholes Model	The key inputs into the Black-Scholes model for the Private Warrants were as follows: Input June 30 2024 December 31, 2023 Unaudited Risk-free interest rate 4.60% - 4.87 % 4.04% - 4.28 % Expected term (years) 1.25 - 2.00 1.75 - 2.50 Expected volatility 53.7% - 64.8 % 61.1% - 63.9 % Exercise price $ 11.50 $ 11.50 Underlying share price $ 3.44 $ 4.33
Changes in Fair Value of Warrants Liability	The following table presents the changes in the fair value of Warrants liability: Private Public Total Input Warrants Warrants Warrants Fair value as of December 31, 2023 $ 1,876 $ 4,253 $ 6,129 Change from private to public holdings (77 ) 77 — Change in fair value (1,053 ) (2,834 ) (3,887 ) Fair value as of June 30 2024 $ 746 $ 1,496 $ 2,242

SHORT-TERM INVESTMENTS (Tables)

SHORT-TERM INVESTMENTS (Tables)	6 Months Ended
	Jun. 30, 2024
SHORT-TERM INVESTMENTS [Abstract]
Summary of Available-for-Sale Marketable Securities	The following is a summary of available-for-sale marketable securities as of December 31, 2023: Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Corporate debt securities $ 3,654 $ — $ (3 ) $ 3,651 Commercial paper 2,077 — (3 ) 2,074 Total $ 5,731 $ — $ (6 ) $ 5,725

DERIVATIVE INSTRUMENTS AND HE_2

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)	6 Months Ended
	Jun. 30, 2024
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES [Abstract]
Fair Values of Outstanding Derivative Instruments Designated as Cash Flow Hedging Instruments	The fair values of outstanding derivative instruments designated as cash flow hedging instruments were as follows: June 30, 2024 December 31, 2023 Unaudited Prepaid expenses and other current assets $ — $ 948 Accrued expenses and other current liabilities $ 39 $ —
Gains (Losses) Related to Cash Flow Hedging Instruments, Recorded in Consolidated Statements of Loss	The gains (losses) related to cash flow hedging instruments, recorded in the consolidated interim statements of loss, for the three and six months ended June 30, 2024 and 2023, were as follows: Three months ended June 30, Six months ended June 30, 2024 2023 2024 2023 Unaudited Cost of revenues $ — $ (54 ) $ 15 $ (82 ) Research and development — (536 ) 174 (851 ) Sales and marketing — (100 ) 43 (156 ) General and administrative — (104 ) 35 (153 ) Total gains (losses) recognized in the consolidated statements of loss, net $ — $ (794 ) $ 267 $ (1,242 )
Changes in Unrealized Gains (Losses) on Derivative Instruments Recorded in Accumulated Other Comprehensive Income (Loss)	The changes in unrealized gains (losses) on the Company’s derivative instruments recorded in accumulated other comprehensive income (loss) were as follows: Six months ended June 30, 2024 2023 Unaudited Unrealized gains (losses) on derivative instruments at the beginning of the period $ 948 $ (313 ) Changes in fair value of derivative instruments (720 ) (1,699 ) Reclassification of losses (gains) recognized in the consolidated interim statements of loss from accumulated other comprehensive income (loss) (267 ) 1,242 Unrealized losses on derivative instruments at the end of the period (unaudited) $ (39 ) $ (770 )

GOODWILL AND INTANGIBLE ASSET_2

GOODWILL AND INTANGIBLE ASSETS, NET (Tables)	6 Months Ended
	Jun. 30, 2024
GOODWILL AND INTANGIBLE ASSETS, NET [Abstract]
Definite-Lived Intangible Assets	Definite-lived intangible assets, net consist of the following: June 30, 2024 Gross Fair Value Accumulated Amortization Net Book Value Merchant/Network affiliate relationships $ 146,547 $ (92,270 ) $ 54,277 Technology 74,193 (49,285 ) 24,908 Publisher relationships 42,933 (30,411 ) 12,522 Tradenames 24,097 (22,764 ) 1,333 Customer relationship 13,146 (12,621 ) 525 Total (unaudited) $ 300,916 $ (207,351 ) $ 93,565 December 31, 2023 Gross Fair Accumulated Amortization Net Book Value Merchant/Network affiliate relationships $ 146,547 $ (75,987 ) $ 70,560 Technology 74,193 (43,535 ) 30,658 Publisher relationships 42,933 (25,044 ) 17,889 Tradenames 24,097 (18,739 ) 5,358 Customer relationships 13,146 (12,353 ) 793 Total $ 300,916 $ (175,658 ) $ 125,258
Estimated Future Amortization Expense of Other Intangible Assets	The estimated future amortization expense of definite-lived intangible assets as of June 30, 2024, is as follows (unaudited): Year Ending December 31, 2024 (Remainder) $ 28,825 2025 51,407 2026 13,244 2027 89 Total $ 93,565

SHAREHOLDERS' EQUITY AND SHAR_2

SHAREHOLDERS' EQUITY AND SHARE INCENTIVE PLANS (Tables)	6 Months Ended
	Jun. 30, 2024
SHAREHOLDERS' EQUITY AND SHARE INCENTIVE PLANS [Abstract]
Share Option Activity	b. The following is a summary of share option activity and related information for the six months ended June 30, 2024 (including employees, directors, officers and consultants of the Company): Outstanding Share Options Weighted Average Exercise Price Weighted Average Remaining Contractual Life (Years) Aggregate Intrinsic Value Balance as of January 1, 2024 29,291,285 $ 3.35 5.27 $ 57,118 Exercised (2,374,502 ) 2.02 — 5,361 Forfeited (406,921 ) 3.55 — — Balance as of June 30, 2024 (unaudited) 26,509,862 $ 3.47 5.12 $ 34,151 Exercisable as of June 30, 2024 (unaudited) 23,250,859 $ 3.04 4.88 $ 31,955
Summary of RSU activity	c. The following is a summary of the RSU activity and related information for the six months ended June 30 , : Outstanding Restricted Shares Unit Weighted Average Grant Date Fair Value Balance as of January 1, 2024 23,479,308 $ 5.13 Granted 13,301,250 4.71 Vested (*) (4,635,271 ) 5.43 Forfeited (1,074,647 ) 4.74 Balance as of June 30, 2024 (unaudited) 31,070,640 $ 4.92 (*) A portion of the shares that vested w ere netted out to satisfy the tax obligations of the recipients. During the , a total of RSUs were to satisfy tax obligations, resulting in net issuance of 377,251 Ordinary shares.
Equity Based Compensation Expense	The total share-based compensation expense related to all of the Company s share-based awards recognized for the three , 202 , was comprised as follows: Three months ended June 30, Six months ended June 30, 2024 2023 2024 2023 Unaudited Cost of revenues $ 1,096 $ 1,039 $ 2,107 $ 2,083 Research and development 6,852 6,181 13,230 12,025 Sales and marketing 4,532 4,401 8,855 8,686 General and administrative 5,825 4,914 10,514 9,823 Total share-based compensation expense $ 18,305 $ 16,535 $ 34,706 $ 32,617

GEOGRAPHIC INFORMATION (Tables)

GEOGRAPHIC INFORMATION (Tables)	6 Months Ended
	Jun. 30, 2024
GEOGRAPHIC INFORMATION [Abstract]
Revenue by Geographic Area Based on Advertisers' Billing Address	The following table represents total revenue by geographic area based on the Advertisers’ billing address: Three months ended June 30, Six months ended June 30, 2024 2023 2024 2023 Unaudited Israel $ 26,857 $ 31,752 $ 58,322 $ 77,251 United States 204,871 127,519 398,232 242,295 Germany 36,732 31,594 72,429 62,969 United Kingdom 16,290 17,835 36,364 35,783 Rest of the world 143,410 123,304 276,821 241,392 Total $ 428,160 $ 332,004 $ 842,168 $ 659,690

NET LOSS PER SHARE ATTRIBUTAB_2

NET LOSS PER SHARE ATTRIBUTABLE TO ORDINARY SHAREHOLDERS (Tables)	6 Months Ended
	Jun. 30, 2024
NET LOSS PER SHARE ATTRIBUTABLE TO ORDINARY SHAREHOLDERS [Abstract]
Computation of Basic and Diluted Net Loss Per Share	Three months ended June 30, Six months ended June 30, 2024 2023 2024 2023 Ordinary shares Non-voting Ordinary shares Ordinary shares Non-voting Ordinary shares Ordinary shares Non-voting Ordinary shares Ordinary shares Non-voting Ordinary shares Unaudited Numerator: Net loss attributable to Ordinary shareholders, basic and diluted $ (3,729 ) $ (562 ) $ (27,288 ) $ (4,026 ) $ (26,461 ) $ (3,988 ) $ (55,138 ) $ (7,489 ) Denominator: Weighted-average shares used in computing net loss per share attributable to Ordinary shareholders, basic and diluted 297,660,641 44,905,471 306,386,357 45,198,702 298,953,005 45,050,457 301,537,937 40,953,520 Net loss per share attributable to Ordinary and non-voting Ordinary shareholders, basic and diluted $ (0.01 ) $ (0.01 ) $ (0.09 ) $ (0.09 ) $ (0.09 ) $ (0.09 ) $ (0.18 ) $ (0.18 )
Antidilutive Securities Excluded from Computation of Diluted Net Loss Per Share	The potential shares of O rdinary hares that were excluded from the computation of diluted net loss per share attributable to rdinary shareholders for the periods presented because including them would have been anti-dilutive are as follows: Three months ended June 30 Six June 30 2024 2023 2024 2023 Unaudited Warrants 12,349,990 12,349,990 12,349,990 12,349,990 RSUs 31,969,150 26,949,979 29,351,972 26,949,979 Outstanding share options 20,261,177 27,309,646 20,988,867 27,309,646 Issuable Ordinary Shares related to Business Combination under holdback arrangement 581,392 1,744,192 775,192 1,744,192 Total 65,161,709 68,353,807 63,466,021 68,353,807

GENERAL (Details)

GENERAL (Details) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended		6 Months Ended
	Jan. 17, 2023	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023	Dec. 30, 2022
Shares Granted or Issued, Share-Based Payment Arrangement [Abstract]
Period of commercial agreement				30 years
Authorized share capital (in shares)		700,000,000		700,000,000		700,000,000	46,000,000
Issuance of shares (in shares)				377,251
Closing share price (in dollars per share)	$ 3.4
Fair value of shares issued	$ 288,063				$ 288,063
Issuance expenses	$ 1,388
Amortization expenses of commercial agreement asset		$ 0	$ 0
Non-Voting Ordinary Shares [Member]
Shares Granted or Issued, Share-Based Payment Arrangement [Abstract]
Authorized share capital (in shares)		46,000,000		46,000,000		46,000,000
Issuance of shares (in shares)	45,198,702
Ordinary Shares [Member]
Shares Granted or Issued, Share-Based Payment Arrangement [Abstract]
Issuance of shares (in shares)	39,525,691				39,525,691
Ordinary Shares [Member] | Non-Voting Ordinary Shares [Member]
Shares Granted or Issued, Share-Based Payment Arrangement [Abstract]
Issuance of shares (in shares)	45,198,702				45,198,702

SIGNIFICANT ACCOUNTING POLICI_3

SIGNIFICANT ACCOUNTING POLICIES (Details) - Customer	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Trade Receivable [Member]
Concentrations of Credit Risks [Abstract]
Number of major customers			1		0
Trade Receivable [Member] | Customer Concentration Risk [Member]
Concentrations of Credit Risks [Abstract]
Concentration risk threshold percentage			15.30%		10%
Revenue [Member]
Concentrations of Credit Risks [Abstract]
Number of major customers	1	0	1	0
Revenue [Member] | Customer Concentration Risk [Member]
Concentrations of Credit Risks [Abstract]
Concentration risk threshold percentage	14.10%	10%	13.30%	10%

CASH AND CASH EQUIVALENTS (Deta

CASH AND CASH EQUIVALENTS (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Breakdown of Cash and Cash Equivalents [Abstract]
Cash	$ 112,764	$ 99,811
Money market funds	68,972	72,510
Time deposits	462	3,787
Total cash and cash equivalents	$ 182,198	$ 176,108

FAIR VALUE MEASUREMENTS, Assets

FAIR VALUE MEASUREMENTS, Assets and Liabilities Measured at Fair Value (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Level 1 [Member] | Public Warrants [Member]
Liabilities [Abstract]
Warrants liability	$ (1,496)	$ (4,253)
Level 1 [Member] | Money Market Funds [Member]
Assets [Abstract]
Cash equivalents	68,972	72,510
Level 2 [Member] | Derivative Instruments Liability [Member]
Liabilities [Abstract]
Derivative instruments designated as cash flow hedging instruments	(39)	0
Level 2 [Member] | Corporate Debt Securities [Member]
Assets [Abstract]
Short-term investments	0	3,651
Level 2 [Member] | Commercial Paper [Member]
Assets [Abstract]
Short-term investments	0	2,074
Level 2 [Member] | Derivative Instruments Asset [Member]
Assets [Abstract]
Derivative instruments designated as cash flow hedging instruments	0	948
Level 3 [Member] | Private Warrants [Member]
Liabilities [Abstract]
Warrants liability	$ (746)	$ (1,876)

FAIR VALUE MEASUREMENTS, Key In

FAIR VALUE MEASUREMENTS, Key Inputs to Warrants (Details)	Jun. 30, 2024 $ / shares	Dec. 31, 2023 $ / shares
Private Warrants [Member] | Risk Free Interest Rate [Member] | Minimum [Member]
Key Inputs into Black-Scholes Model [Abstract]
Private Warrants, Measurement Input	0.046	0.0404
Private Warrants [Member] | Risk Free Interest Rate [Member] | Maximum [Member]
Key Inputs into Black-Scholes Model [Abstract]
Private Warrants, Measurement Input	0.0487	0.0428
Private Warrants [Member] | Expected Term [Member] | Minimum [Member]
Key Inputs into Black-Scholes Model [Abstract]
Warrants maturity period	1 year 3 months	1 year 9 months
Private Warrants [Member] | Expected Term [Member] | Maximum [Member]
Key Inputs into Black-Scholes Model [Abstract]
Warrants maturity period	2 years	2 years 6 months
Private Warrants [Member] | Expected Volatility [Member] | Minimum [Member]
Key Inputs into Black-Scholes Model [Abstract]
Private Warrants, Measurement Input	0.537	0.611
Private Warrants [Member] | Expected Volatility [Member] | Maximum [Member]
Key Inputs into Black-Scholes Model [Abstract]
Private Warrants, Measurement Input	0.648	0.639
Private Warrants [Member] | Exercise Price [Member]
Key Inputs into Black-Scholes Model [Abstract]
Private Warrants, Measurement Input	11.5	11.5
Private Warrants [Member] | Underlying Share Price [Member]
Key Inputs into Black-Scholes Model [Abstract]
Private Warrants, Measurement Input	3.44	4.33
Certain Private Warrants [Member]
Key Inputs into Black-Scholes Model [Abstract]
Warrants maturity period	5 years

FAIR VALUE MEASUREMENTS, Change

FAIR VALUE MEASUREMENTS, Changes in Fair Value of Warrants Liability (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2024 USD ($)
Warrants [Member]
Changes in Fair Value of Warrants Liability [Roll Forward]
Fair value, beginning balance	$ 6,129
Change from private to public holdings	0
Change in fair value	(3,887)
Fair value, ending balance	2,242
Private Warrants [Member]
Changes in Fair Value of Warrants Liability [Roll Forward]
Fair value, beginning balance	1,876
Change from private to public holdings	(77)
Change in fair value	(1,053)
Fair value, ending balance	746
Public Warrants [Member]
Changes in Fair Value of Warrants Liability [Roll Forward]
Fair value, beginning balance	4,253
Change from private to public holdings	77
Change in fair value	(2,834)
Fair value, ending balance	$ 1,496

SHORT-TERM INVESTMENTS (Details

SHORT-TERM INVESTMENTS (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Summary of available-for-sale marketable securities [Abstract]
Amortized Cost		$ 5,731
Gross Unrealized Gains		0
Gross Unrealized Losses		(6)
Fair Value	$ 0	5,725
Corporate Debt Securities [Member]
Summary of available-for-sale marketable securities [Abstract]
Amortized Cost		3,654
Gross Unrealized Gains		0
Gross Unrealized Losses		(3)
Fair Value		3,651
Commercial Paper [Member]
Summary of available-for-sale marketable securities [Abstract]
Amortized Cost		2,077
Gross Unrealized Gains		0
Gross Unrealized Losses		(3)
Fair Value		$ 2,074

DERIVATIVE INSTRUMENTS AND HE_3

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES, Summary (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Derivative Instrument [Abstract]
Derivative notional amount	$ 19,154	$ 39,347

DERIVATIVE INSTRUMENTS AND HE_4

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES, Fair Values of Outstanding Derivative Instruments Designated as Cash Flow Hedging Instruments (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Prepaid Expenses and Other Current Assets [Member]
Derivative Instrument [Abstract]
Fair value of cash flow hedging instruments recorded as assets	$ 0	$ 948
Accrued Expenses and Other Current Liabilities [Member]
Derivative Instrument [Abstract]
Fair value of cash flow hedging instruments recorded as liabilities	$ 39	$ 0

DERIVATIVE INSTRUMENTS AND HE_5

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES, Changes Related to Cash Flow Hedging Instruments, Recorded in Consolidated Statements of Loss (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Changes Related to Cash Flow Hedging Instruments, Recorded in Consolidated Interim Statements of Loss [Abstract]
Gains (losses) recognized in the consolidated statements of loss, net	$ 0	$ (794)	$ 267	$ (1,242)
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Operating Income (Loss)	Operating Income (Loss)	Operating Income (Loss)	Operating Income (Loss)
Cost of Revenues [Member]
Changes Related to Cash Flow Hedging Instruments, Recorded in Consolidated Interim Statements of Loss [Abstract]
Gains (losses) recognized in the consolidated statements of loss, net	$ 0	$ (54)	$ 15	$ (82)
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Cost of Revenue	Cost of Revenue	Cost of Revenue	Cost of Revenue
Research and Development [Member]
Changes Related to Cash Flow Hedging Instruments, Recorded in Consolidated Interim Statements of Loss [Abstract]
Gains (losses) recognized in the consolidated statements of loss, net	$ 0	$ (536)	$ 174	$ (851)
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Research and Development Expense	Research and Development Expense	Research and Development Expense	Research and Development Expense
Sales and Marketing [Member]
Changes Related to Cash Flow Hedging Instruments, Recorded in Consolidated Interim Statements of Loss [Abstract]
Gains (losses) recognized in the consolidated statements of loss, net	$ 0	$ (100)	$ 43	$ (156)
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Sales and marketing	Sales and marketing	Sales and marketing	Sales and marketing
General and Administrative [Member]
Changes Related to Cash Flow Hedging Instruments, Recorded in Consolidated Interim Statements of Loss [Abstract]
Gains (losses) recognized in the consolidated statements of loss, net	$ 0	$ (104)	$ 35	$ (153)
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	General and administrative	General and administrative	General and administrative	General and administrative

DERIVATIVE INSTRUMENTS AND HE_6

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES, Changes in Unrealized Gains (Losses) on Derivative Instruments Recorded in Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Summary of Derivative Instruments by Hedge Designation [Abstract]
Unrealized gains (losses) on derivative instruments at the beginning of the period	$ 948	$ (313)
Changes in fair value of derivative instruments	(720)	(1,699)
Reclassification of losses (gains) recognized in the consolidated interim statements of loss from accumulated other comprehensive income (loss)	(267)	1,242
Unrealized losses on derivative instruments at the end of the period (unaudited)	$ (39)	$ (770)

GOODWILL AND INTANGIBLE ASSET_3

GOODWILL AND INTANGIBLE ASSETS, NET, Goodwill (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2024 USD ($)
GOODWILL AND INTANGIBLE ASSETS, NET [Abstract]
Impairment to goodwill	$ 0
Additions to goodwill	$ 0

GOODWILL AND INTANGIBLE ASSET_4

GOODWILL AND INTANGIBLE ASSETS, NET, Intangible Assets (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Intangible Assets [Abstract]
Gross fair value	$ 300,916		$ 300,916		$ 300,916
Accumulated amortization	(207,351)		(207,351)		(175,658)
Net book value	93,565		93,565		125,258
Amortization expenses related to intangible assets	15,758	$ 15,962	31,693	$ 31,931
Merchant/Network Affiliate Relationships [Member]
Intangible Assets [Abstract]
Gross fair value	146,547		146,547		146,547
Accumulated amortization	(92,270)		(92,270)		(75,987)
Net book value	54,277		54,277		70,560
Technology [Member]
Intangible Assets [Abstract]
Gross fair value	74,193		74,193		74,193
Accumulated amortization	(49,285)		(49,285)		(43,535)
Net book value	24,908		24,908		30,658
Publisher Relationships [Member]
Intangible Assets [Abstract]
Gross fair value	42,933		42,933		42,933
Accumulated amortization	(30,411)		(30,411)		(25,044)
Net book value	12,522		12,522		17,889
Tradenames [Member]
Intangible Assets [Abstract]
Gross fair value	24,097		24,097		24,097
Accumulated amortization	(22,764)		(22,764)		(18,739)
Net book value	1,333		1,333		5,358
Customer Relationships [Member]
Intangible Assets [Abstract]
Gross fair value	13,146		13,146		13,146
Accumulated amortization	(12,621)		(12,621)		(12,353)
Net book value	$ 525		$ 525		$ 793

GOODWILL AND INTANGIBLE ASSET_5

GOODWILL AND INTANGIBLE ASSETS, NET, Estimated Future Amortization Expense of Other Intangible Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Estimated Future Amortization Expense of Other Intangible Assets [Abstract]
2024 (Remainder)	$ 28,825
2025	51,407
2026	13,244
2027	89
Net book value	$ 93,565	$ 125,258

FINANCING ARRANGEMENTS (Details

FINANCING ARRANGEMENTS (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023	Aug. 09, 2022	Sep. 01, 2021
Debt Instruments [Abstract]
Interest expenses recognized with the long-term loan	$ 3,967	$ 5,027	$ 7,908	$ 10,500
Revolving Credit Agreement [Member]
Debt Instruments [Abstract]
Long term debt	0		$ 0
Long-term loan term			5 years
Deferred financing costs	778		$ 778		$ 893
Deferred financing costs amortization	52	$ 65	115	$ 127
Revolving Credit Agreement [Member] | Maximum [Member]
Debt Instruments [Abstract]
Aggregate committed principal amount						$ 90,000
Credit Agreement [Member]
Debt Instruments [Abstract]
Senior secured term loan credit agreement							$ 300,000
Issuance expenses	$ 11,250		$ 11,250
Long-term loan maturity			7 years
Frequency of periodic payment			quarterly
Facility amortization rate	1%		1%
Long term debt	$ 152,735		$ 152,735

SHAREHOLDERS' EQUITY AND SHAR_3

SHAREHOLDERS' EQUITY AND SHARE INCENTIVE PLANS, Share Capital (Details)		6 Months Ended
	Jan. 17, 2023 shares	Jun. 30, 2024 Vote shares	Dec. 31, 2023 shares	Dec. 30, 2022 shares
Share Capital [Abstract]
Vote per share | Vote		1
Authorized share capital (in shares)		700,000,000	700,000,000	46,000,000
Net issuance of shares (in shares)		377,251
Non-Voting Ordinary Shares [Member]
Share Capital [Abstract]
Authorized share capital (in shares)		46,000,000	46,000,000
Net issuance of shares (in shares)	45,198,702

SHAREHOLDERS' EQUITY AND SHAR_4

SHAREHOLDERS' EQUITY AND SHARE INCENTIVE PLANS, Share Buyback Program (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Feb. 29, 2024	Dec. 31, 2023
Share Buyback Program [Abstract]
Broker and transaction fees			$ 289,000
Non-Voting Ordinary Shares [Member]
Share Buyback Program [Abstract]
Average price paid per share (in dollars per share)			$ 4.07
Remaining authorized repurchase of common stock	$ 4,022,000		$ 4,022,000
Treasury Ordinary Shares [Member]
Share Buyback Program [Abstract]
Number of shares repurchased (in shares)	5,323,413	1,442,000	11,546,584	1,442,000
Treasury Ordinary Shares [Member] | Non-Voting Ordinary Shares [Member]
Share Buyback Program [Abstract]
Number of shares repurchased (in shares)	988,296		988,296
Share Buyback Program [Member]
Share Buyback Program [Abstract]
Share repurchase program, authorized amount					$ 100,000	$ 80,000
Number of shares repurchased (in shares)			12,534,880
Average price paid per share (in dollars per share)			$ 4.32
Share Buyback Program [Member] | Maximum [Member]
Share Buyback Program [Abstract]
Remaining authorized repurchase of common stock	$ 65,557		$ 65,557
Share Buyback Program [Member] | Non-Voting Ordinary Shares [Member]
Share Buyback Program [Abstract]
Number of shares repurchased (in shares)			988,296
Share Buyback Program [Member] | Treasury Ordinary Shares [Member]
Share Buyback Program [Abstract]
Number of shares repurchased (in shares)			11,546,584

SHAREHOLDERS' EQUITY AND SHAR_5

SHAREHOLDERS' EQUITY AND SHARE INCENTIVE PLANS, Share Option Activity (Details) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended	3 Months Ended		6 Months Ended		12 Months Ended
	Apr. 30, 2024	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Stock Option Plan [Abstract]
Additional equity-based compensation plan		$ 19,005	$ 17,215	$ 36,012	$ 33,949
Payments of tax withholding for share based compensation		$ 978	1,117	$ 1,687	1,908
Maximum [Member]
Stock Option Plan [Abstract]
Additional equity-based compensation plan	$ 100,000
Share Options [Member]
Outstanding Share Options [Roll Forward]
Outstanding, beginning of period (in shares)				29,291,285
Granted (in shares)				0
Exercised (in shares)				(2,374,502)
Forfeited (in shares)				(406,921)
Outstanding, end of period (in shares)		26,509,862		26,509,862		29,291,285
Exercisable (in shares)		23,250,859		23,250,859
Weighted-Average Exercise Price Per Share [Roll Forward]
Outstanding, beginning of period (in dollars per share)				$ 3.35
Exercised (in dollars per share)				2.02
Forfeited (in dollars per share)				3.55
Outstanding, end of period (in dollars per share)		$ 3.47		3.47		$ 3.35
Exercisable (in dollars per share)		$ 3.04		$ 3.04
Weighted Average Remaining Contractual Term [Abstract]
Weighted-average remaining contractual life				5 years 1 month 13 days		5 years 3 months 7 days
Weighted-average remaining contractual life, exercisable				4 years 10 months 17 days
Aggregate Intrinsic Value [Abstract]
Aggregate intrinsic value, outstanding		$ 34,151		$ 34,151		$ 57,118
Aggregate intrinsic value, exercised				5,361
Aggregate intrinsic value, exercisable		31,955		31,955
Additional Paid-in Capital [Member]
Stock Option Plan [Abstract]
Additional equity-based compensation plan		19,005	17,215	36,012	33,949
Payments of tax withholding for share based compensation		$ 978	$ 1,117	$ 1,687	$ 1,908

SHAREHOLDERS' EQUITY AND SHAR_6

SHAREHOLDERS' EQUITY AND SHARE INCENTIVE PLANS, Share Option Plan and Related Information (Details) - Share Options [Member] $ in Thousands	6 Months Ended
	Jun. 30, 2024 USD ($)
Stock-based compensation [Abstract]
Unrecognized share based compensation cost	$ 9,033
Weighted-average period expected to be recognized	1 year 1 month 6 days

SHAREHOLDERS' EQUITY AND SHAR_7

SHAREHOLDERS' EQUITY AND SHARE INCENTIVE PLANS, RSU Activity (Details) $ / shares in Units, $ in Thousands	6 Months Ended
	Jun. 30, 2024 USD ($) $ / shares shares
Outstanding Restricted Share Unit [Roll Forward]
Net issuance of shares (in shares)	377,251
Restricted Share Units [Member]
Outstanding Restricted Share Unit [Roll Forward]
Outstanding, beginning of period (in shares)	23,479,308
Granted (in shares)	13,301,250
Vested (in shares)	(4,635,271)	[1]
Forfeited (in shares)	(1,074,647)
Outstanding, end of period (in shares)	31,070,640
Vested shares netted out to satisfy tax obligations (in shares)	377,254
Fair value of RSUs | $	$ 20,702
Unrecognized share based compensation cost related to unvested RSUs | $	$ 131,612
Weighted-average period to be recognized	2 years 9 months 3 days
Weighted-Average Grant Date Fair Value Per Share [Roll Forward]
Outstanding, beginning of period (in dollars per share) | $ / shares	$ 5.13
Granted (in dollars per share) | $ / shares	4.71
Vested (in dollars per share) | $ / shares	5.43
Forfeited (in dollars per share) | $ / shares	4.74
Outstanding, end of period (in dollars per share) | $ / shares	$ 4.92
[1]A portion of the shares that vested were netted out to satisfy the tax obligations of the recipients. During the six months ended June 30, 2024, a total of 377,254 RSUs were canceled to satisfy tax obligations, resulting in net issuance of 377,251 Ordinary shares.

SHAREHOLDERS' EQUITY AND SHAR_8

SHAREHOLDERS' EQUITY AND SHARE INCENTIVE PLANS, Equity-based Compensation Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Equity Based Compensation Expense [Abstract]
Total share-based compensation expense	$ 18,305	$ 16,535	$ 34,706	$ 32,617
Cost of Revenues [Member]
Equity Based Compensation Expense [Abstract]
Total share-based compensation expense	1,096	1,039	2,107	2,083
Research and Development [Member]
Equity Based Compensation Expense [Abstract]
Total share-based compensation expense	6,852	6,181	13,230	12,025
Sales and Marketing [Member]
Equity Based Compensation Expense [Abstract]
Total share-based compensation expense	4,532	4,401	8,855	8,686
General and Administrative [Member]
Equity Based Compensation Expense [Abstract]
Total share-based compensation expense	$ 5,825	$ 4,914	$ 10,514	$ 9,823

INCOME TAXES (Details)

INCOME TAXES (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Income Tax Rate [Abstract]
Effective tax rate	35.20%	(8.60%)	(6.80%)	(3.00%)

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2024 USD ($)
Non-cancelable Purchase Obligations [Abstract]
Purchase obligation	$ 22,982
Minimum [Member]
Commercial Commitments [Abstract]
Period of contract	2 years
Maximum [Member]
Commercial Commitments [Abstract]
Period of contract	5 years

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details) $ / shares in Units, $ in Thousands			3 Months Ended				6 Months Ended
		Jan. 17, 2023 shares	Jun. 30, 2024 USD ($) shares		Jun. 30, 2023 USD ($) shares		Jun. 30, 2024 USD ($) Respresentative $ / shares shares	Jun. 30, 2023 USD ($) shares	Dec. 31, 2023 USD ($)
Related Party Transaction [Abstract]
Issuance of shares (in shares) | shares							377,251
Revenues			$ 428,160	[1]	$ 332,004	[1]	$ 842,168	$ 659,690
Traffic acquisition cost			278,620	[2]	208,870	[2]	553,740	420,816
Trade receivable balance	[3]		281,674				281,674		$ 306,307
Trade payable balance	[4]		270,406				270,406		282,012
Expenses from transaction			122,409		$ 122,057		$ 249,595	$ 240,447
Non-Voting Ordinary Shares [Member]
Related Party Transaction [Abstract]
Issuance of shares (in shares) | shares		45,198,702
Purchase price paid per share (in dollars per share) | $ / shares							$ 4.07
Aggregate purchase price			$ 4,022				$ 4,022
Ordinary Shares [Member]
Related Party Transaction [Abstract]
Issuance of shares (in shares) | shares		39,525,691						39,525,691
Ordinary Shares [Member] | Non-Voting Ordinary Shares [Member]
Related Party Transaction [Abstract]
Issuance of shares (in shares) | shares		45,198,702						45,198,702
Treasury Ordinary Shares [Member]
Related Party Transaction [Abstract]
Number of shares repurchased (in shares) | shares			5,323,413		1,442,000		11,546,584	1,442,000
Treasury Ordinary Shares [Member] | Non-Voting Ordinary Shares [Member]
Related Party Transaction [Abstract]
Number of shares repurchased (in shares) | shares			988,296				988,296
Related Party [Member]
Related Party Transaction [Abstract]
Trade receivable balance			$ 43,232				$ 43,232		12,297
Related Party [Member] | Yahoo [Member]
Related Party Transaction [Abstract]
Number of representatives that can be appointed to Board of Directors | Respresentative							1
Revenues			60,302		$ 7,190		$ 112,426	$ 14,304
Traffic acquisition cost			78,433		0		152,044	0
Trade receivable balance			43,232				43,232		12,297
Trade payable balance			59,194				59,194		$ 38,657
Expenses from transaction			$ 502		$ 2,623		$ 1,025	$ 2,623
Related Party [Member] | Yahoo [Member] | Non-Voting Ordinary Shares [Member]
Related Party Transaction [Abstract]
Issuance of shares (in shares) | shares		45,198,702
Related Party [Member] | Yahoo [Member] | Ordinary Shares [Member]
Related Party Transaction [Abstract]
Issuance of shares (in shares) | shares		39,525,691
[1] Includes , for the three months ended June 30, 2024 and 2023 Includes

GEOGRAPHIC INFORMATION (Details

GEOGRAPHIC INFORMATION (Details) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2024		Jun. 30, 2023		Jun. 30, 2024	Jun. 30, 2023
Segments, Geographical Areas [Abstract]
Revenues	$ 428,160	[1]	$ 332,004	[1]	$ 842,168	$ 659,690
Israel [Member]
Segments, Geographical Areas [Abstract]
Revenues	26,857		31,752		58,322	77,251
United States [Member]
Segments, Geographical Areas [Abstract]
Revenues	204,871		127,519		398,232	242,295
Germany [Member]
Segments, Geographical Areas [Abstract]
Revenues	36,732		31,594		72,429	62,969
United Kingdom [Member]
Segments, Geographical Areas [Abstract]
Revenues	16,290		17,835		36,364	35,783
Rest of the World [Member]
Segments, Geographical Areas [Abstract]
Revenues	$ 143,410		$ 123,304		$ 276,821	$ 241,392
[1] Includes , for the three months ended June 30, 2024 and 2023

NET LOSS PER SHARE ATTRIBUTAB_3

NET LOSS PER SHARE ATTRIBUTABLE TO ORDINARY SHAREHOLDERS (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Denominator: [Abstract]
Weighted-average shares used in computing net loss per share attributable to Ordinary shareholders, basic (in shares)	342,566,112	351,585,059	344,003,462	342,491,457
Weighted-average shares used in computing net loss per share attributable to Ordinary shareholders, diluted (in shares)	342,566,112	351,585,059	344,003,462	342,491,457
Net loss per share attributable to Ordinary and Non-voting Ordinary shareholders, basic (in dollars per share)	$ (0.01)	$ (0.09)	$ (0.09)	$ (0.18)
Net loss per share attributable to Ordinary and Non-voting Ordinary shareholders, diluted (in dollars per share)	$ (0.01)	$ (0.09)	$ (0.09)	$ (0.18)
Antidilutive Securities [Abstract]
Antidilutive securities (in shares)	65,161,709	68,353,807	63,466,021	68,353,807
Non-Voting Ordinary Shares [Member]
Numerator: [Abstract]
Net loss attributable to Ordinary shareholders, basic	$ (562)	$ (4,026)	$ (3,988)	$ (7,489)
Net loss attributable to Ordinary shareholders, diluted	$ (562)	$ (4,026)	$ (3,988)	$ (7,489)
Denominator: [Abstract]
Weighted-average shares used in computing net loss per share attributable to Ordinary shareholders, basic (in shares)	44,905,471	45,198,702	45,050,457	40,953,520
Weighted-average shares used in computing net loss per share attributable to Ordinary shareholders, diluted (in shares)	44,905,471	45,198,702	45,050,457	40,953,520
Net loss per share attributable to Ordinary and Non-voting Ordinary shareholders, basic (in dollars per share)	$ (0.01)	$ (0.09)	$ (0.09)	$ (0.18)
Net loss per share attributable to Ordinary and Non-voting Ordinary shareholders, diluted (in dollars per share)	$ (0.01)	$ (0.09)	$ (0.09)	$ (0.18)
Ordinary Shares [Member]
Numerator: [Abstract]
Net loss attributable to Ordinary shareholders, basic	$ (3,729)	$ (27,288)	$ (26,461)	$ (55,138)
Net loss attributable to Ordinary shareholders, diluted	$ (3,729)	$ (27,288)	$ (26,461)	$ (55,138)
Denominator: [Abstract]
Weighted-average shares used in computing net loss per share attributable to Ordinary shareholders, basic (in shares)	297,660,641	306,386,357	298,953,005	301,537,937
Weighted-average shares used in computing net loss per share attributable to Ordinary shareholders, diluted (in shares)	297,660,641	306,386,357	298,953,005	301,537,937
Net loss per share attributable to Ordinary and Non-voting Ordinary shareholders, basic (in dollars per share)	$ (0.01)	$ (0.09)	$ (0.09)	$ (0.18)
Net loss per share attributable to Ordinary and Non-voting Ordinary shareholders, diluted (in dollars per share)	$ (0.01)	$ (0.09)	$ (0.09)	$ (0.18)
Warrants [Member]
Antidilutive Securities [Abstract]
Antidilutive securities (in shares)	12,349,990	12,349,990	12,349,990	12,349,990
RSUs [Member]
Antidilutive Securities [Abstract]
Antidilutive securities (in shares)	31,969,150	26,949,979	29,351,972	26,949,979
Outstanding Share Options [Member]
Antidilutive Securities [Abstract]
Antidilutive securities (in shares)	20,261,177	27,309,646	20,988,867	27,309,646
Issuable Ordinary Shares Related to Business Combination Under Holdback Arrangement [Member]
Antidilutive Securities [Abstract]
Antidilutive securities (in shares)	581,392	1,744,192	775,192	1,744,192