Otonomo Technologies (OTMO) F-1 29 Oct 21 Registration statement (foreign) Financial data

Cover Page

Cover Page	6 Months Ended
	Jun. 30, 2021
Cover [Abstract]
Document Type	F-1
Amendment Flag	false
Entity Registrant Name	OTONOMO TECHNOLOGIES LTD.
Entity Central Index Key	0001842498
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Incorporation, State or Country Code	L3
Entity Address, Country	IL

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2021		Dec. 31, 2020		Dec. 31, 2019
Current assets
Cash and cash equivalents	$ 13,033		$ 14,813		$ 10,689
Short-term investments	4,800		12,800		11,407
Restricted cash	169		171		162
Account receivables	217		108		23
Other receivables and prepaid expenses	1,093		206		780
Total current assets	19,312		28,098		23,061
Non-current assets
Other long-term assets	204		202		186
Property and equipment, net	651		625		486
Total non-current assets	855		827		672
Total assets	20,167		28,925		23,733
Current liabilities
Account payables	463		343		280
Other payables and accrued expenses	2,831		2,655		2,556
Deferred revenue	75		265		5
Warrants for redeemable convertible preferred shares			7,731
Total current liabilities	3,369		10,994		2,841
Commitments and (Note 8)
Redeemable convertible preferred stock value	88,598	[1]	77,702	[1]	62,195
Shareholders' (deficit) equity:
Ordinary shares value	0	[1]	0	[1]	0
Additional paid-in capital	11,432		10,357		8,784
Accumulated deficit	(83,232)		(70,128)		(50,087)
Total shareholders' (deficit) equity	(71,800)		(59,771)		(41,303)
Total liabilities redeemable convertible preferred shares and shareholders' (deficit) equity	$ 20,167		28,925		$ 23,733
Pro Forma Shareholders' Equity [Member]
Shareholders' (deficit) equity:
Ordinary shares value			0
Additional paid-in capital			95,790
Accumulated deficit			(70,128)
Total shareholders' (deficit) equity			$ 25,662
[1]	The Company effected a share split as of the Recapitalization, all ordinary share and redeemable convertible preferred shares amounts were adjusted retroactively for all periods. See also Note 1B.

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020	Dec. 31, 2019
Common Stock, Par or Stated Value Per Share	$ 0	$ 0	$ 0
Common Stock, Shares Authorized	123,884,050	123,884,050
Common Stock, Shares, Issued	31,531,803	31,488,284
Common Stock, Shares, Outstanding	31,531,803	31,488,284
Common Stock, Shares Authorized		123,862,910	123,862,910
Common Stock, Shares, Issued		31,482,911	29,949,406
Common Stock, Shares, Outstanding		31,482,911	29,949,406
Pro Forma Shareholders' Equity [Member]
Common Stock, Shares, Issued		95,576,550
Common Stock, Shares, Outstanding		95,576,550
Redeemable Convertible Preferred Stock [Member]
Temporary Equity, Par or Stated Value Per Share	$ 0	$ 0	$ 0
Temporary Equity, Shares Authorized	71,462,063	71,462,063	71,449,868
Temporary Equity, Shares Issued	64,104,577	62,925,145
Temporary Equity, Shares Outstanding	64,104,577	62,925,145	58,197,494
Temporary equity liquidation preference	$ 86,769	$ 81,769	$ 61,769
Temporary Equity, Shares Authorized		71,449,868	71,449,868
Temporary Equity, Shares Issued		62,914,408	58,197,494
Temporary Equity, Shares Outstanding		62,914,408	58,197,494
Redeemable Convertible Preferred Stock [Member] | Pro Forma Shareholders' Equity [Member]
Temporary Equity, Shares Issued		0
Temporary Equity, Shares Outstanding		0

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands	6 Months Ended				12 Months Ended
	Jun. 30, 2021		Jun. 30, 2020		Dec. 31, 2020	Dec. 31, 2019
Income Statement [Abstract]
Revenue	$ 496		$ 112		$ 394	$ 129
Cost of services	(976)		(589)		(1,235)	(1,191)
Gross loss	(480)		(477)		(841)	(1,062)
Operating expenses:
Research and development	(4,817)		(4,042)		(8,634)	(8,237)
Sales and marketing	(2,700)		(2,767)		(5,213)	(8,108)
General and administrative	(1,908)		(1,109)		(2,540)	(2,852)
Total operating expenses	(9,425)		(7,918)		(16,387)	(19,197)
Operating loss	(9,905)		(8,395)		(17,228)	(20,259)
Financial income (expenses), net	(3,142)		(2,645)		(2,737)	1,226
Loss before income tax expense	(13,047)		(11,040)		(19,965)	(19,033)
Income tax expense	(57)		(44)		(76)	(75)
Net loss	$ (13,104)		$ (11,084)		$ (20,041)	$ (19,108)
Net loss per share attributable to ordinary shareholders, basic and diluted	$ (0.42)		$ (0.37)		$ (0.65)	$ (0.64)
Weighted-average shares used in computing net loss per share attributable to ordinary shareholders, basic and diluted	31,516,984	[1]	30,147,656	[1]	30,668,412	29,801,064
Pro forma net loss per share attributable to ordinary shareholders, basic and diluted (unaudited)					$ (0.21)	$ (0.22)
Weighted-average shares used in computing pro forma net loss per share attributable to ordinary shareholders, basic and diluted (unaudited)					94,018,974	87,998,558
[1]	The Company effected a share split as of the Recapitalization, all ordinary share and redeemable convertible preferred shares amounts were adjusted retroactively for all periods. See also Note 1B.

Consolidated Statements of Chan

Consolidated Statements of Changes in Redeemable Convertible Preferred Shares and Shareholders' deficit - USD ($) $ in Thousands		Total	Redeemable Convertible preferred shares [Member]	Ordinary shares [Member]	Additional paid-in capital [Member]	Accumulated deficit [Member]
Balance at Beginning at Dec. 31, 2018		$ (24,232)	$ 59,486	$ 0	$ 6,747	$ (30,979)
Balance at Beginning (in Shares) at Dec. 31, 2018			58,197,494	29,529,034
Exercise of share options		$ 27			27
Exercise of share options (in Shares)		420,372		420,372
Issuance of redeemable convertible preferred shares, net			$ 2,709
Share-based compensation		$ 2,010			2,010
Net loss		(19,108)				(19,108)
Balance at Ending at Dec. 31, 2019		(41,303)	$ 62,195	$ 0	8,784	(50,087)
Balance at Ending (in Shares) at Dec. 31, 2019	[1]		58,207,427	29,954,518
Balance at Ending (in Shares) at Dec. 31, 2019			58,197,494	29,949,406
Exercise of share options		89			89
Exercise of share options (in Shares)	[1]			867,706
Issuance of redeemable convertible preferred shares, net			$ 15,507
Issuance of redeemable convertible preferred shares, net (in Shares)	[1]		4,717,718
Share-based compensation		656			656
Net loss		(11,084)				(11,084)
Balance at Ending at Jun. 30, 2020		(51,642)			9,529	(61,171)
Balance at Ending (in Shares) at Jun. 30, 2020	[1]		62,925,145	30,822,224
Balance at Beginning at Dec. 31, 2019		(41,303)	$ 62,195	$ 0	8,784	(50,087)
Balance at Beginning (in Shares) at Dec. 31, 2019	[1]		58,207,427	29,954,518
Exercise of share options		$ 133			133
Exercise of share options (in Shares)		1,533,505		1,533,505
Issuance of redeemable convertible preferred shares, net			$ 15,507
Issuance of redeemable convertible preferred shares, net (in Shares)			4,716,914
Share-based compensation		$ 1,440			1,440
Net loss		(20,041)				(20,041)
Balance at Ending at Dec. 31, 2020		(59,771)	$ 77,702	$ 0	10,357	(70,128)
Balance at Ending (in Shares) at Dec. 31, 2020	[1]		62,925,145	31,488,284
Balance at Ending (in Shares) at Dec. 31, 2020			62,914,408	31,482,911
Exercise of warrants for redeemable convertible preferred shares			$ 10,896
Exercise of warrants for redeemable convertible preferred shares (in Shares)	[1]		1,179,432
Exercise of share options		27			27
Exercise of share options (in Shares)	[1]			43,519
Share-based compensation		1,048			1,048
Net loss		(13,104)				(13,104)
Balance at Ending at Jun. 30, 2021		$ (71,800)	$ 88,598		$ 11,432	$ (83,232)
Balance at Ending (in Shares) at Jun. 30, 2021	[1]		64,104,577	31,531,803
[1]	The Company effected a share split as of the Recapitalization, all ordinary share and redeemable convertible preferred shares amounts were adjusted retroactively for all periods. See also Note 1B.

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020	Dec. 31, 2019
Cash flows from operating activities
Net loss	$ (13,104)	$ (11,084)	$ (20,041)	$ (19,108)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation	64	78	147	138
Share based compensation	1,048	656	1,440	2,010
Revaluation of warrants	3,165	2,749	3,271
Other		3	134
Changes in operating assets and liabilities:
Account receivables	(109)	(405)	(85)	13
Other receivables and prepaid expenses	(887)	353	574	(578)
Deferred tax assets			3	(9)
Other payables and accrued expenses	176	(944)	99	322
Account payables	120	200	63	(97)
Deferred revenue	(190)	177	260	5
Other	(1)	3
Net cash used in operating activities	(9,718)	(8,214)	(14,135)	(17,304)
Cash flows from investing activities
Purchases of property and equipment	(90)	(359)	(420)	(177)
Decrease (increase) in short-term investments	8,000	(12,993)	(1,393)	10,263
Increase in other long term assets	(1)	(8)	(19)	(107)
Net cash provided by (used in) investing activities	7,909	(13,360)	(1,832)	9,979
Cash flows from financing activities
Proceeds from issuance of redeemable convertible preferred shares and warrants, net		19,967	19,967
Proceeds from redeemable convertible preferred shares				2,709
Proceeds from exercise of share options	27	89	133	27
Net cash provided by financing activities	27	20,056	20,100	2,736
Net increase (decrease) in cash and cash equivalents and short-term restricted cash equivalents	(1,782)	(1,518)	4,133	(4,589)
Cash and cash equivalents and Short-term restricted cash equivalents at the beginning of the year	14,984	10,851	10,851	15,440
Cash and cash equivalents and Short-term restricted cash equivalents as at end of the year	13,202	$ 9,333	14,984	10,851
Supplemental disclosures of cash flow information
Cash paid for income taxes			$ 69	$ 48
Appendix A – Material non-cash financing activities:
Conversion of warrants to redeemable convertible preferred shares	$ 10,896

General

General	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
General	Note 1 - General A. Otonomo Technologies Ltd. (together with its subsidiaries, “Otonomo”, or the “Company”) was incorporated as an Israeli corporation in December 2015. The Company provides an automotive data service platform enabling car manufacturers, drivers and service providers to be part of a connected ecosystem. The Company’s solutions are designed to run in public clouds. B. Closing of the Merger and Subscription agreements Subsequent to the balance sheet date, on August 13, 2021 (the “Closing Date”), the Company consummated a recapitalization transaction (the “Recapitalization”) pursuant to a merger agreement, dated January 31, 2021 (the “Merger Agreement”), with Software Acquisition Group Inc. II, (“SWAG”), a publicly traded special purpose acquisition company. On the Closing Date, the following transactions occurred pursuant to the terms of the Merger, Subscription and Share Purchase agreements: 1) Merger Sub merged with and into SWAG, with SWAG surviving the merger. As a result of the Merger, and simultaneously with the other transactions mentioned above, SWAG became a wholly owned subsidiary of the Company, with the securityholders of SWAG becoming securityholders of the Company. 2) Each outstanding Preferred Share of the Company was converted into one Ordinary Share. 3) After giving effect to the redemption of approximately $59,863 thousand of SWAG’s Class A Stock, the remaining securityholders of SWAG were issued an aggregate of 14,576,479 of the Company’s ordinary shares for gross proceeds of $112,646 thousand. 4) In accordance with the terms of the Subscription Agreements, the PIPE Investors were issued an aggregate of 14,250,000 the Company’s ordinary shares for gross proceeds of $142,500 thousand. 5) In accordance with the terms of the Share Purchase Agreement, the Secondary PIPE Investors purchased 3,000,000 of the Company’s ordinary shares from the Secondary Selling Shareholders at a purchase price of $10.00 per share, for an aggregate purchase price of $30,000 thousand. 6) The Company effected a share split of each ordinary share into such number of ordinary shares, such that each ordinary share has a value of $10.00 per share after giving effect to such share split. As of June 30, 2021, the share split calculated ratio was 1:4.6936. As a result, all ordinary share, redeemable convertible preferred shares, options for ordinary shares, exercise price and net loss per share amounts were adjusted retroactively for all periods.	Note 1—General a. Otonomo Technologies Ltd. (together with its subsidiaries, “Otonomo”, or the “Company”) was incorporated as an Israeli corporation in December 2015. The Company provides an automotive data service platform enabling car manufacturers, drivers and service providers to be part of a connected ecosystem. The Company’s solutions are designed to run in public clouds. b. Merger and Subscription agreements Subsequent to the balance sheet date, on January 31, 2021, the Company signed a business combination agreement with Software Acquisition Group Inc. II, (“SWAG”) (the “Business Combination Agreement”). SWAG is a blank check company incorporated in Delaware that consummated its initial public offering on June 16, 2020, of 15,000,000 units, at $10.00 per Unit, generating gross proceeds of $150,000,000. On September 24, 2020, the underwriters exercised their over-allotment option in full. As a result, SWAG consummated the sale of an additional 2,250,000 units to the underwriter, at $10.00 per unit, and the sale of an additional 450,000 private placement warrants to the Sponsor, at $1.00 per warrant, generating total gross proceeds of $22,950,000. A total of $22,500,000 of the net proceeds was deposited into the Trust Account, bringing the aggregate proceeds held in the Trust Account to approximately $172,500,000. SWAG was formed for the purpose of effectuating a merger with one or more businesses. As a result of the Business Combination Agreement, and upon consummation of the merger and the other transactions contemplated by the Business Combination Agreement, SWAG will become a wholly owned subsidiary of the Company, with the security holders of SWAG becoming security holders of the Company. Upon consummation of the merger, assuming none of SWAG’s public stockholders demand redemption, the security holders of the Company and certain members of the Company’s management will own approximately 70% of the outstanding ordinary shares of the Company and the security holders of SWAG and the investors purchasing Company Ordinary Shares will own the remaining Company ordinary shares. Also, on January 31, 2021, the Company entered into subscription agreements (each, a “Subscription Agreement”) with certain investors (the “PIPE Investors”) pursuant to which, among other things, the PIPE Investors have agreed to subscribe for and purchase, and the Company has agreed to issue and sell to the PIPE Investors, an aggregate of 14,250,000 Company Ordinary Shares (on a post-share split basis, see below) for an aggregate purchase price of $142,500,000, to be effected immediately following the Effective Time, on the terms and subject to the conditions set forth therein. In addition, on January 31, 2021, certain Company shareholders (the “Selling Holders”) entered into a share purchase agreement (the “Share Purchase Agreement”) with investors (the “Secondary Investors”) pursuant to which, among other things, the Secondary Investors agreed to purchase 3,000,000 Company Ordinary Shares (on a post-share split basis) from the Selling Holders for an aggregate purchase price of $30,000,000. Immediately prior to the Effective Time, each preferred share of the Company will be converted into one Company Ordinary Share. Additionally, the Company will issue securities pursuant to the Subscription Agreements, as described above. The following securities issuances will be made by the Company to SWAG security holders at the Effective Time and in each case assumes the share split (as defined below) has occurred: (i) each share of Class A common stock of SWAG and each share of Class B common stock of SWAG will be exchanged for one Company Ordinary Share and (ii) each outstanding warrant of SWAG will be assumed by the Company and will become a warrant of the company (“Company Warrant”) (with the number of Company Ordinary Shares underlying the Company Warrant and the exercise price of such Company Warrants subject to adjustment in accordance with the terms of the Merger Agreement). On April 20, 2021, the Company’s board of directors approved a 1-for-4.6928 The transactions described above are targeted to be consummated in the first half of 2021, after the required approval by the stockholders of SWAG (“SWAG Stockholder Approval”), ordinary and preferred shareholders of the Company (“Company Shareholder Approval”), and preferred shareholders of the Company (“Company Preferred Shareholder Approval”).

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 2 - Summary of Significant Accounting Policies A. Basis of Preparation The accompanying interim unaudited condensed consolidated financial statements included herein have been prepared by the Company in accordance with the rules and regulations of the United States Securities and Exchange Commission (“SEC”). The interim unaudited condensed consolidated financial statements are comprised of the financial statements of the Company. In management’s opinion, the interim financial data presented includes all adjustments necessary for a fair presentation. All intercompany accounts and transactions have been eliminated. Certain information required by U.S. generally accepted accounting principles (“GAAP”) has been condensed or omitted in accordance with rules and regulations of the SEC. Operating results for the six months ended June 30, 2021 are not necessarily indicative of the results that may be expected for any future period or for the year ending December 31, 2021. These interim unaudited condensed consolidated financial statements should be read in conjunction with the Company’s audited consolidated financial statements and the notes thereto for the year ended December 31, 2020. B. Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ materially from those estimates. C. 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 for the year ended December 31, 2020. There have been no significant changes to these policies during the six months ended June 30, 2021.	Note 2—Summary of Significant Accounting Policies A. Basis of Presentation The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”) and include the accounts of Otonomo Technologies Ltd. and its wholly owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation. B. Use of Estimates The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent liabilities at the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reporting periods and accompanying notes. Significant items subject to such estimates and assumptions include, but are not limited to, value of warrants to redeemable convertible preferred shares and share-based compensation including the determination of the fair value of the Company’s ordinary shares. The Company bases these estimates on historical and anticipated results, trends and various other assumptions that it believes are reasonable under the circumstances, including assumptions as to future events. Actual results could differ from those estimates. The novel coronavirus (“COVID-19”) COVID-19 C. Foreign Currency The currency of the primary economic environment in which the operations of the Company are conducted is the U.S. dollar (“dollar” or “$”), thus; the dollar is the functional currency of the Company. The transactions and balances of the Company denominated in U.S. dollars are presented at their original amounts as the U.S. dollar is the currency of the primary economic environment in which the Company has operated and expects to continue to operate in the foreseeable future. Monetary assets and liabilities denominated in a non-U.S. non-monetary non-U.S. Statements of operations accounts denominated in a non-U.S. Details of exchange rates: December 31 December 31 2019 2020 Exchange rate of U.S. dollar ($) in New Israeli Shekel (NIS) 3.456 3.215 CPI 100.8 100.1 The translation should not be construed as a representation that the foreign currency amounts upon which the translation is based actually represent, or could be converted into, U.S. dollar. D. Unaudited Pro Forma Shareholders’ Equity The Company has presented unaudited pro forma shareholders’ equity as of December 31, 2020 in order to show the assumed effect on the balance sheet of the automatic conversion of the outstanding redeemable convertible preferred shares and warrants upon the consummation of a qualified initial public offering (“IPO”). Upon the consummation of an IPO, all of the outstanding redeemable convertible preferred shares (62,914,408 shares) and warrants shares (1,179,231 shares) will automatically convert into 64,093,639 shares of ordinary shares. The unaudited pro forma shareholders’ equity does not give effect to any proceeds from the assumed IPO. E. Concentration of Credit Risk Financial instruments which potentially expose the Company to concentrations of credit risk consist primarily of cash equivalents, short-term investments and restricted cash. The Company maintains bank accounts in financial institutions that management believes have strong credit ratings. F. Cash, Cash equivalents and Short-Term Investments The Company considers all highly liquid investments with an original maturity of three months or less at the date of purchase to be cash equivalents. Cash equivalents are stated at their carrying values, which approximates their fair values. Short-term investments consist of bank deposits. G. Fair Value Measurements Fair value is defined as the exchange price that would be received from the sale of an asset or paid to transfer a liability in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. The Company measures financial assets and liabilities at fair value at each reporting period using a fair value hierarchy which requires the Company to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. A financial instrument’s classification within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. Three levels of inputs may be used to measure fair value: Level 1 – Quoted prices in active markets for identical assets or liabilities. Level 2 – Inputs other than Level 1 that are observable, either directly or indirectly, such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 3 – Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. Financial instruments consist of cash equivalents, short-term investments, account receivables, and account payables. Short-term investments are stated at fair value on a recurring basis. Cash equivalents, accounts receivable, and accounts payable are stated at their carrying value, which approximates fair value due to the short time to the expected receipt or payment date. See Note 9B for more information regarding the warrant for redeemable convertible preferred shares. H. Accounts Receivables Accounts receivable are recorded at the invoiced amount and amounts for which revenue has been recognized but not invoiced, net of allowance for doubtful accounts. The allowance for doubtful accounts is based on the Company’s assessment of the collectability of accounts. The allowance of doubtful accounts was not material for the periods presented. I. Property and Equipment Property and equipment are stated at cost net of accumulated depreciation. Maintenance and repair expenses are charged to operation as incurred. Depreciation is calculated on the straight-line method based on the estimated useful lives of the assets and commences once the assets are ready for their intended use. Annual rates at depreciation are as follows: % Computers and software 33 Office furniture and equipment 7;15 Leasehold improvements Shorter of remaining lease term or estimated useful life Capitalized Software Costs Costs related to software acquired, developed, or modified solely to meet the Company’s internal requirements, with no substantive plans to market such software at the time of development are capitalized. Costs incurred during the preliminary planning and evaluation stage of the project and during the post implementation operational stage are expensed as incurred. Costs incurred during the application development stage of the project are capitalized. Maintenance costs are expensed as incurred. The amount of qualifying costs for capitalization incurred was immaterial for the years presented. J. Impairment of Property and Equipment The Company evaluates the recoverability of property and equipment for possible impairment whenever events or circumstances indicate that the carrying amount of such assets may not be fully recoverable. Such events and changes may include significant changes in performance relative to expected operating results, significant changes in asset use, significant negative industry or economic trends, and changes in the Company’s business strategy. Recoverability of these assets is measured by a comparison of the carrying amounts to the future undiscounted cash flows the assets are expected to generate. If such review indicates that the carrying amount of property and equipment is not recoverable, the carrying amount of such assets is reduced to fair value. There were no impairment charges to property and equipment during the years presented. K. Revenue Recognition The Company derives its revenues from subscription revenues, which are comprised of subscription fees from customers accessing the Company’s enterprise cloud computing services (“SaaS subscriptions”). The Company elected to adopt Accounting Standards Codification (“ASC”) Topic 606, Revenue from Contracts with Customers (“ASC 606”), effective as of January 1, 2018, utilizing the full retrospective method of adoption. Accordingly, the consolidated financial statements for the years ended December 31, 2019 and 2020 are presented under ASC 606. Under ASC 606, The Company determines revenue recognition through the following five-step framework: • Identification of the contract, or contracts, with a customer; • Identification of the performance obligations in the contract; • Determination of the transaction price; • Allocation of the transaction price to the performance obligations in the contract; and • Recognition of revenue when, or as, the Company satisfies a performance obligation. The Company’s SaaS subscriptions revenues consist primarily of fees to provide the Company’s customers access to its cloud-based platform, which includes routine customer support. Subscription service contracts do not provide customers with the right to take possession of the software, are cancelable, and do not contain general rights of return. Generally, subscription revenues are recognized ratably over the contractual term of the arrangement, beginning on the date that the service is made available to the customer. Subscription contracts typically have a term of one to three years and based on fixed-fee fixed-fee ‘as-invoiced’ Performance obligations promised in a contract are identified based on the services that will be transferred to the customer that are both capable of being distinct, whereby the customer can benefit from the services either on their own or together with other resources that are readily available from third parties or from the Company, and are distinct in the context of the contract, whereby the transfer of the services is separately identifiable from other promises in the contract. The Company provides access to its cloud-hosted software, without providing the customer with the right to take possession of its software, which the Company considers to be a single performance obligation. If the contract contains a single performance obligation, the entire transaction price is allocated to the single performance obligation. For contracts that contain multiple performance obligations, the Company allocates the transaction price for each contract to each performance obligation based on the relative standalone selling price for each performance obligation. In instances where performance obligations do not have observable standalone sales, the Company utilizes available information that may include market conditions, pricing strategies, the economic life of the software, and other observable inputs or uses the expected cost-plus margin approach to estimate the price the Company would charge if the products and services were sold separately. Incremental costs of obtaining a contract that are eligible to capitalization, were immaterial during the reported periods. Contract assets consist of unbilled accounts receivable, which occur when a right to consideration for the Company’s performance under the customer contract occurs before invoicing to the customer. The amount of unbilled accounts receivable included within accounts receivable, net on the consolidated balance sheets was immaterial for the periods presented. Contract liabilities consist of deferred revenue. Revenue is deferred when the Company invoices in advance of performance under a contract. The current portion of the deferred revenue balance is recognized as revenue during the 12-month L. Cost of Services Cost of services consists primarily of expenses related to purchase of data from data suppliers, amounts paid to data suppliers under revenue sharing or fixed price arrangements, third-party cloud infrastructure expenses incurred in connection with the Company’s customers’ use of the Company’s platform and the maintenance of the Company’s platform on public clouds, including different regional deployments, and personnel-related costs associated with customer support and professional services, including salaries, benefits, bonuses and share-based compensation. Cost of services also includes allocated overhead costs. M. Research and Development Research and development costs include personnel-related expenses associated with the Company’s engineering personnel responsible for the design, development and testing of its products, cost of development environments and tools, and allocated overhead. Research and development costs are expensed as incurred. N. Share-Based Compensation Share-based compensation expense related to share awards is recognized based on the fair value of the awards granted. The fair value of each option award is estimated on the grant date using the Black-Scholes option pricing model. The Black-Scholes option pricing model requires the input of highly subjective assumptions, including the fair value of the underlying ordinary shares, the expected term of the option, the expected volatility of the price of the underlining shares, risk-free interest rates, and the expected dividend yield of the shares. The assumptions used to determine the fair value of the option awards represent management’s best estimates. These estimates involve inherent uncertainties and the application of management’s judgment. The related share-based compensation expense is recognized on a straight-line basis over the requisite service period of the awards. Forfeitures are accounted for as they occur instead of estimating the number of awards expected to be forfeited. O. Income Taxes The Company is subject to income taxes in Israel, the U.S., and other foreign jurisdictions. These foreign jurisdictions may have different statutory tax rates than in Israel. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis as well as for operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The financial effect of changes in tax laws or rates is accounted for in the period of enactment. Valuation allowances are provided when necessary to reduce deferred tax assets to the amount more likely than not to be realized. The Company recognizes income tax benefits from tax positions only if it believes that it is more likely than not that the tax position will be sustained upon examination. The tax benefits recognized are measured as the largest amount of tax benefit that is greater than 50 percent likely of being realized upon settlement. P. Net Loss Per Share Net Loss Per Share Attributable to Ordinary Shareholders The Company computes net loss per share using the two-class two-class pro-rata The Company’s basic net loss per share is calculated by dividing net loss attributable to ordinary shareholders by the weighted-average number of shares of ordinary shares outstanding for the period, without consideration of potentially dilutive securities. The diluted net loss per share is calculated by giving effect to all potentially dilutive securities outstanding for the period using the treasury share method or the if-converted Unaudited Pro Forma Net Loss Per Share Attributable to Ordinary Shareholders Unaudited pro forma basic and diluted net loss per share attributable to ordinary shareholders for the year ended December 31, 2019 and 2020 has been computed to give effect to the conversion of redeemable convertible preferred shares into ordinary shares as of the beginning of the period or the original date of issuance, if later. Q. Segment Information The Company operates in one operating and reportable segment. Operating segments are defined as components of an enterprise about which separate financial information is evaluated regularly by the chief operating decision maker, who is the Company’s chief executive officer (“CEO”), in deciding how to allocate resources and assessing performance. The Company’s chief operating decision maker allocates resources and assesses performance based upon discrete financial information at the consolidated level. Revenue by geographical region of the Company’s customers: Year ended Year ended USD thousands USD thousands United States — 43 APAC 2 164 EMEA 127 187 Total revenue 129 394 Property and equipment, net of depreciation, by geographic region: December 31 December 31 USD thousands USD thousands United States 7 2 Israel 478 622 Rest of world 1 1 Total property and equipment, net 486 625 Number of Customers accounted for over 10% of Revenue For the year ended December 31, 2019, the Company had three customers that accounted for 12%, 20% and 63%, respectively, of its revenues. For the year ended December 31, 2020, the Company had two customers that accounted for 12% and 30%, respectively, of its revenues. R. Recently Issued Accounting Pronouncements As an “Emerging growth company,” the Jumpstart Our Business Startups Act (“JOBS Act”) allows the Company to delay adoption of new or revised accounting pronouncements applicable to public companies until such pronouncements are made applicable to private companies. The Company has elected to use this extended transition period under the JOBS Act. The adoption dates discussed below reflect this election. In February 2016, the FASB issued ASU No. 2016-02, expenses on their income statements in a manner similar to current practice. The guidance states that a lessee would recognize a lease liability for the obligation to make lease payments and a right-to-use No. 2020-05, 2016-02 non-public 2016-02

Cash and Cash Equivalents

Cash and Cash Equivalents	12 Months Ended
	Dec. 31, 2020
Cash and Cash Equivalents [Abstract]
Cash and Cash Equivalents	Note 3—Cash and Cash Equivalents December 31 December 31 USD thousands USD thousands In U.S dollar 5,665 13,326 In New Israeli Shekels and Euro 5,024 1,487 10,689 14,813

Other Receivables and Prepaid E

Other Receivables and Prepaid Expenses	12 Months Ended
	Dec. 31, 2020
Other Receivables and Prepaid Expenses [Abstract]
Other Receivables and Prepaid Expenses	Note 4—Other Receivables and Prepaid Expenses December 31 December 31 USD thousands USD thousands Prepaid expenses 629 150 Government institutions 143 56 Other 8 — 780 206

Property and Equipment, net

Property and Equipment, net	12 Months Ended
	Dec. 31, 2020
Property, Plant and Equipment [Abstract]
Property and Equipment, net	Note 5—Property and Equipment, net Property and equipment consists of the following: December 31 December 31 USD thousands USD thousands Computer and software 341 350 Office furniture and equipment 191 307 Leasehold improvements 280 344 812 1,001 Less—accumulated depreciation (326 ) (376 ) Property and equipment, net 486 625 Depreciation expenses were $138 thousand and $147 thousand for the years ended December 31, 2019 and 2020, respectively.

Other payables and Accrued Expe

Other payables and Accrued Expenses	12 Months Ended
	Dec. 31, 2020
Other Payables and Accrued Expenses [Abstract]
Other payables and Accrued Expenses	Note 6—Other payables and Accrued Expenses December 31 December 31 USD thousands USD thousands Employees & related institutions 1,339 1,378 Vacation and convalescence 513 659 Government institutions 65 64 Accrued expenses and other 639 554 2,556 2,655

Employee Benefit Plans

Employee Benefit Plans	12 Months Ended
	Dec. 31, 2020
Retirement Benefits [Abstract]
Employee Benefit Plans	Note 7—Employee Benefit Plans Pursuant to Israel’s Severance Pay Law, Israeli employees are entitled to severance pay equal to one month’s salary for each year of employment, or a portion thereof. The Company has elected to include its employees in Israel under Section 14 of the Severance Pay Law, under which these employees are entitled only to monthly deposits made in their name with insurance companies, at a rate of 8.33% of their monthly salary. These payments release the Company from any future obligation under the Israeli Severance Pay Law to make severance payments in respect of those employees; therefore, any liability for severance pay due to these employees, and the deposits under Section 14 are not recorded as an asset in the consolidated balance sheets.

Commitments

Commitments	12 Months Ended
	Dec. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Commitments	Note 8—Commitments Leases The Company leases office space under non-cancelable Future minimum lease payments under non-cancelable USD thousands 2021 482 2022 482 964

Redeemable Convertible Preferre

Redeemable Convertible Preferred Shares and Shareholders' Equity	12 Months Ended
	Dec. 31, 2020
Stockholders' Equity Note [Abstract]
Redeemable Convertible Preferred Shares and Shareholders' Equity	Note 9—Redeemable Convertible Preferred Shares and Shareholders’ Equity A. Ordinary shares Each ordinary share is entitled to one vote. The holders of ordinary shares are also entitled to receive dividends whenever funds are legally available and when declared by the Board of Directors, subject to the prior rights of holders of all classes of shares outstanding. B. Redeemable Convertible Preferred Seed, A, B, C and C-1 Redeemable Convertible preferred shares consisted of the following: As of December 31, 2020 Balance Sheet Designated Shares Issued Aggregate In USD thousands, except share data Preferred C-1 4,523 1,071,057 1,071,057 3,860 Preferred C shares 36,729 18,278,046 9,742,586 41,309 Preferred B shares 24,927 14,976,327 14,976,327 25,000 Preferred A shares 8,549 20,203,287 20,203,287 8,600 Preferred Seed shares 2,974 16,921,151 16,921,151 3,000 Total redeemable convertible preferred shares 77,702 71,449,868 62,914,408 81,769 As of December 31, 2019 Balance Sheet Designated Shares Issued Aggregate In USD thousands, except share data Preferred C-1 4,523 1,071,057 1,071,057 3,860 Preferred C shares 21,222 18,278,046 5,025,672 21,309 Preferred B shares 24,927 14,976,327 14,976,327 25,000 Preferred A shares 8,549 20,203,287 20,203,287 8,600 Preferred Seed shares 2,974 16,921,151 16,921,151 3,000 Total redeemable convertible preferred shares 62,195 71,449,868 58,197,494 61,769 On February 16, 2020, the Company signed an investment agreement for a total consideration of $19,999,995, issuing a total of 4,716,914 Redeemable Convertible Preferred C Shares together with 1,179,231 warrant (“Warrants”). Each warrant is exercisable to one redeemable convertible Preferred C Share with an exercise price of $0.0001 per warrant. As of December 31, 2020, all Warrants were fully exercisable. These Warrants shall automatically be exercised immediately prior to the earlier of (i) the consummation of a Deemed Liquidation Event, (ii) the consummation of an IPO or (iii) February 16, 2022, unless the holder of the Warrants shall earlier provide written notice to the Company that he desires that the Warrants expire in any of the abovementioned dates unexercised. As the deemed liquidation preference provisions of the Redeemable Convertible Preferred C Shares are considered contingent redemption provisions that are not solely within the Company’s control, the Warrants have been presented as a liability, with a mark-to-market The exercise price of each Warrant is $0.0001 and therefore, the fair value of each Warrant is approximately equal to the fair value of the underlined Redeemable Convertible Preferred C Share. For the February 2020 valuation, the Company utilized the option pricing backsolve method (“OPM”), based upon recent financing rounds of the Redeemable Preferred Shares. The OPM treats the Company’s security classes as call options on total equity value and allocates its equity value across its security classes based on the rights and preferences of the securities within the capital structure under an assumed liquidation event. The OPM method is used when the range of possible future outcomes is difficult to predict and forecasts would be highly speculative. The Company believed this method was the most appropriate given the expectation of various potential liquidity outcomes and the difficulty of selecting appropriate enterprise values given the Company’s early stage of development. For the September 2020 valuation, the Company utilized a hybrid model of two scenarios: (1) Merger (“M&A”) and (2) Initial Public Offering (“IPO”). The M&A scenario was based on the fair value of the Company’s business using the income approach with input from management. The IPO scenario was based on various market indications and discussions with potential investors. Application of these approaches and methodologies involves the use of estimates, judgments, and assumptions that are highly complex and subjective, such as those regarding the Company’s expected future revenue, expenses, and future cash flows, discount rates, the selection of comparable public companies, and the probability of and timing associated with possible future events. The Fair value of the Warrants: February 16 December 31 2020 2020 Value of warrant per share $ 3.782 $ 6.557 Number of redeemable convertible preferred shares issuable upon exercise of warrants 1,179,231 1,179,231 Fair value of warrant liability (in thousand) $ 4,460 $ 7,731 The redeemable convertible Preferred Seed, A, B, C and C-1 1. Conversion Right to Convert- subject to the applicable provisions of the Companies Law, each Preferred Share shall be convertible at the option of the holder thereof, at any time after the date of issuance of such share, into such number of duly and validly issued, fully paid and non-assessable provided Automatic Conversion- each Preferred Share shall automatically be converted, without payment of additional consideration by the holder thereof, at the then applicable Conversion Ratio into Ordinary Shares immediately upon the earlier to occur of: (a) a Qualified IPO; or (b) written consent or written agreement of the Preferred Majority. 2. Dividends Preferred stockholders may receive dividend, when declared, based on the provisions set forth in the Articles. The holders of Ordinary Shares and Preferred Shares shall be entitled to receive dividends if and when declared and distributed by the Board, on an as-converted pro-rata No dividends have been declared as at December 31, 2020. 3. Voting Holders of Preferred Shares may vote with a ratio of one vote to each share, based on the conversion ratio as defined in the Company’s Certificate. 4. Liquidation preference In the event of: (i) any liquidation, dissolution, bankruptcy or winding up of the Company whether voluntary or involuntary; or (ii) a Deemed Liquidation (each, a “Distribution Event”); any and all funds, assets or proceeds (whether cash, capital, surplus, earnings, Equity Securities or other property of any kind) distributed or available for distribution to the Shareholders, and/or to which Shareholders are entitled to receive pursuant to any Distribution Event (the “Distributable Proceeds”) shall be distributed among the Shareholders in accordance with the following order of preference and priority: the holders of Preferred C Shares and Preferred C-1, Each holder of Preferred Shares shall be entitled to receive on a pro rata basis among such holders of the same series of Preferred Shares, prior to and in preference to any distribution of any of such Distributable Proceeds to the holders of previous series of Preferred Shares and the holders of Ordinary Shares, by reason of their ownership thereof, in respect of each Preferred Share held thereby an amount per such Share equal to the greater of: (x) 100% of the Preferred Share Original Issue Price (as applicable), plus any declared but unpaid dividends thereon, less any amount previously paid in preference in respect of such Preferred Share (as applicable) and (y) the amount that would have been paid in respect of such Preferred Share (as applicable), if all such series of Preferred Shares (as applicable) had been converted into Ordinary Shares immediately prior to such Distribution Event (the “Preferred Preference”). If upon any such Distribution Event, the Distributable Proceeds shall be insufficient to pay the holders of Preferred Shares the full amount of the Preferred Preference, the Distributable Proceeds shall be distributed among the holders of Preferred Shares on a pro rata basis, according to the priority mentioned above, in proportion to the respective amounts which would otherwise be payable in respect of the Preferred Shares held thereby, on a pari passu, as-converted After the payment of the respective Preferred Preference in full, the remaining Distributable Proceeds shall be distributed among the holders of Ordinary Shares, on a pro-rata 5. Redemption The redeemable convertible preferred shares do not contain any date-certain redemption features. 6. Classification of Redeemable Convertible Preferred Shares The deemed liquidation preference provisions of the redeemable convertible preferred shares are considered contingent redemption provisions that are not solely within the Company’s control. Accordingly, the redeemable convertible preferred shares have been presented outside of permanent equity in the mezzanine section of the consolidated balance sheets.

Share Based Compensation

Share Based Compensation	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Share-based Payment Arrangement [Abstract]
Share Based Compensation	Note 3 - Share-Based Compensation In January 2021, the Board of directors of the Company approved the grants of 285,498 options to employees, directors and consultants to purchase ordinary shares of the Company. The options were granted at an exercise price of $0.64 per share with a vesting period of three During the six-month As of June 30, 2021, there was $5.0 million of total unrecognized compensation cost related to non-vested A summary of share option activity under the Company’s equity incentive plans and related information is as follows: Number of Weighted Outstanding – January 1, 2021 9,166,762 Granted 285,498 $ 0.64 Forfeited (45,120 ) $ 0.61 Exercised (43,519 ) $ 0.62 Outstanding – June 30, 2021 9,363,621 The weighted average grant date fair value of employees, directors and consultants’ options granted during the six-month The fair value of the options is measured at the grant date using the Black-Scholes Options-pricing model and the assumptions used to calculate the fair value of the options are as follows (see also note 10B to the Company’s annual financial statements): January 2021 Weighted average share price $ 9.17 Exercise price $ 0.64 Expected life of shares options (in years) 5.6 - 6.1 Expected volatility 40.8% - 41.1% Risk-free interest rate 0.58% - 0.68% Dividend yield 0%	Note 10—Share Based Compensation A. Share Option Plan General In February 2016, the Company adopted the 2016 Share Incentive Plan (the “2016 Plan”) for employees and consultants. Under the 2016 Plan, the Board of Directors (the “Board”) has the authority to grant share options to employees and consultants of the Company under varying Israel tax regimes or any other tax ruling provided by the tax authorities to the Company, as well as with respect to non-Israeli On December 25, 2016, the Company adopted the 2016 U.S. Sub Plan, designated for U.S. persons. As at December 31, 2020, the Company reserved 9,165,197 ordinary shares for issuance upon the exercise of options under the Company’s 2016 Share Award Plan and U.S. Sub-Plan. B. Share Based Compensation and Stock Option Grant Information The following is a summary of the share based compensation activity and related information for the year ended December 31, 2020: Options outstanding Option exercisable Exercise price Number outstanding at Weighted average remaining Number exercisable at $0.06 4,439,630 5.63 4,417,316 $0.14 2,020,538 5.92 959,772 $0.46 119,812 6.83 97,343 $0.07 706,863 7.00 548,354 $0.47 95,789 7.23 65,831 $0.62 283,272 8.05 143,961 $1.59 30,644 8.43 13,407 $1.11 601,063 8.84 116,166 $0.93 16,753 9.36 — $0.64 850,833 9.40 — 9,165,197 6,362,150 B. Share Based Compensation and Stock Option Grant Information The option allotments are as follows: Number of Weighted Outstanding – January 1, 2019 10,378,925 Granted 1,141,392 $ 0.86 Forfeited (296,533 ) $ 0.17 Exercised (420,372 ) $ 0.07 Outstanding – December 31, 2019 10,803,412 Granted 1,349,997 $ 0.74 Forfeited (1,454,707 ) $ 0.48 Exercised (1,533,505 ) $ 0.09 Outstanding – December 31, 2020 9,165,197 Exercisable at end of period 6,362,150 The Company applies FASB ASC Topic 718 in respect of options granted to employees and consultants using the Black-Scholes Model and recorded net compensation expense in respect of options granted to employees of $2,010 thousand and $1,440 thousand for the years ended December 31, 2019 and 2020, respectively. The Company also recognized a tax benefit of $211 thousand and $23 thousand related to the share based compensation that was fully offset by a valuation allowance for the years ended December 31, 2019 and 2020, respectively. The compensation expense was based on the following parameters: Year ended Year ended Volatility 39.2%-39.5 % 38.3%-41.1 % Risk-free interest rate 1.6%-2.6 % 0.4%-1.6 % Expected dividends 0.0 % 0.0 % Expected life (in years) 5.8-6.1 5.5-6.1

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Income Taxes	Note 11—Income Taxes A. Income tax rate The corporate tax rate in Israel relevant to the Company is 23%. The Company’s subsidiaries are separately taxed under the domestic tax laws of the jurisdiction of incorporation of each entity. B. Deferred taxes The following table presents the significant components of the Company’s deferred tax assets and liabilities: December 31 December 31 USD thousands USD thousands Deferred tax assets: Net operating loss carryforwards 8,630 13,448 Capitalized research and development expenses 1,588 1,889 Share based compensation 987 1,084 Accrued expenses 116 151 Deferred tax assets 11,321 16,572 Valuation allowance (11,301 ) (16,557 ) Deferred tax assets, net of valuation allowance 20 15 Deferred tax liabilities: Property and equipment (2 ) — Deferred tax liabilities (2 ) — Net deferred taxes 18 15 Based on the available evidence, management believes that it is more likely than not that certain of its deferred tax assets relating to net operating loss carryforwards and other temporary differences in Israel will not be realized and accordingly, a valuation allowance has been recognized. As of December 31, 2019, and 2020, the Company has not recognized a deferred tax liability in respect of an insignificant amount of undistributed earnings relating to the Company’s foreign subsidiaries, as these earning are considered indefinitely reinvested for working capital and other offshore investment needs. In the event of a distribution of those earnings in the form of dividends, a sale of the subsidiaries, or certain other transactions, we may be liable for income taxes, subject to an adjustment, if any, for foreign tax credits and foreign withholding taxes payable to certain foreign tax authorities. A determination of the unrecognized deferred tax liability related to those earnings is not practicable. C. Income tax expense The components of the net income (loss) before the provision for income taxes were as follows: Year ended Year ended USD thousands USD thousands Israel (19,241 ) (20,004 ) Foreign 208 39 Total (19,033 ) (19,965 ) Income tax expense was as follows: Current: Israel — — Foreign 84 73 Total current tax expense 84 73 Deferred: Israel — — Foreign (9 ) 3 Total deferred tax expense (9 ) 3 Total income tax expense 75 76 D. Reconciliation A reconciliation of the Company’s theoretical income tax expense to actual income tax expense is as follows: Year ended Year ended USD thousands USD thousands Loss before income taxes as reported in the consolidated statements of operations (19,033 ) (19,965 ) Statutory tax rate 23 % 23 % Theoretical income tax benefit (4,378 ) (4,592 ) Foreign tax rate differentials (3 ) 1 Non-deductible 245 288 Non-deductible — 752 Currency transactions gain (1,226 ) (1,602 ) Change in valuation allowance 5,385 5,256 Other differences, net 52 (27 ) Actual income tax expense 75 76 E. Operating loss carryforwards As at December 31, 2020, the Company has net operating loss carryforwards in Israel of approximately $58,472 thousand that carry forward indefinitely. F. Accounting for uncertainty in income taxes As at December 31, 2019 and 2020, the Company did not have any unrecognized tax benefits and does not expect that the amount of unrecognized tax benefits will change significantly within the next 12 months. The Company’s accounting policy is to accrue interest and penalties related to an underpayment of income taxes as a component of income tax expense. G. Income tax assessments The Company has no final income tax assessments since its inception.

Financial Instruments

Financial Instruments	6 Months Ended
	Jun. 30, 2021
Fair Value Disclosures [Abstract]
Financial Instruments	Note 4 - Financial Instruments On June 15, 2021, the Company’s warrants for redeemable convertible preferred shares (“Warrants”) were converted to 1,179,432 Redeemable Convertible Preferred C Shares. The warrants were issued as part of February 2020 financing round and were fully exercisable as of December 31, 2020, with an exercise price of $0.0001 per warrant. See also note 9B to the Company’s annual financial statements. The fair value of warrants was measured using valuation techniques and classified at level 3 in the fair value hierarchy. The exercise price of each Warrant is $0.0001 and therefore, the fair value of each Warrant is approximately equal to the fair value of the underlined Redeemable Convertible Preferred C Share. As of June 15, 2021, the Fair value of warrant per share was $9.24. The table below shows a reconciliation between the opening balance and the closing balance regarding to financial instruments measured at fair value at level 3 (see also note 9B to the Company’s annual financial statements) in the fair value hierarchy: USD thousands Opening balance January 1, 2021 7,731 Total loss recognized in profit and loss from revaluation of warrants 3,165 Conversion of warrants to redeemable convertible preferred shares (10,896 ) Closing balance June 30, 2021 —

Net Loss Per Share Attributable

Net Loss Per Share Attributable to Ordinary Shareholders	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Earnings Per Share [Abstract]
Net Loss Per Share Attributable to Ordinary Shareholders	Note 5 - Net Loss Per Share Attributable to Ordinary Shareholders The following table sets forth the computation of basic and diluted net loss per share attributable to ordinary shareholders for the periods presented: Six-month 2020 Six-month 2021 In USD thousands, except share data Numerator: Net loss (11,084 ) (13,104 ) Denominator: Weighted-average shares used in computing net loss per share attributable to ordinary shareholders, basic and diluted 30,147,656 31,516,984 Net loss per share attributable to ordinary shareholders, basic and diluted (0.37 ) (0.42 ) The potential shares of ordinary shares that were excluded from the computation of diluted net loss per share attributable to ordinary shareholders for the periods presented because including them would have been anti-dilutive are as follows: Six-month 2020 Six-month 2021 In USD thousands, except share data Convertible redeemable preferred shares 61,726,166 63,386,381 Warrants to convertible redeemable preferred shares 879,687 1,081,146 Outstanding share options 10,700,374 9,351,396 Total 73,306,227 73,818,923	Note 12—Net Loss Per Share Attributable to Ordinary Shareholders The following table sets forth the computation of basic and diluted net loss per share attributable to ordinary shareholders for the periods presented: Year ended Year ended In USD thousands, except share data Numerator: Net loss (19,108 ) (20,041 ) Denominator: Weighted-average shares used in computing net loss per share attributable to ordinary shareholders, basic and diluted 29,801,064 30,668,412 Net loss per share attributable to ordinary shareholders, basic and diluted (0.64 ) (0.65 ) The potential shares of ordinary shares that were excluded from the computation of diluted net loss per share attributable to ordinary shareholders for the periods presented because including them would have been anti-dilutive are as follows: Year ended Year ended In USD thousands, except share data Convertible redeemable preferred shares 58,197,494 62,319,947 Warrants to convertible redeemable preferred shares — 1,030,615 Outstanding share options 10,695,382 10,228,594 Total 68,892,876 73,579,156 Unaudited Pro Forma Net Loss Per Share Attributable to Ordinary Shareholders The Company has presented the unaudited pro forma basic and diluted net loss per share attributable to ordinary shareholders for the years ended December 31, 2019 and 2020, which has been computed to give effect to the conversion of its redeemable convertible preferred shares into ordinary shares (using the if-converted The following table sets forth the computation of the unaudited pro forma basic and diluted net loss per share attributable to ordinary shareholders: Year ended Year ended In USD thousands, except share data Numerator: Net loss (19,108 ) (20,041 ) Denominator: Weighted-average shares used in computing net loss per share attributable to ordinary shareholders, basic and diluted 29,801,064 30,668,412 Weighted-average of convertible redeemable preferred shares upon assumed conversion in IPO 58,197,494 62,319,947 Weighted-average of warrants to convertible redeemable preferred shares upon assumed conversion in IPO — 1,030,615 Weighted-average shares used in computing pro forma net loss per share attributable to ordinary shareholders, basic and diluted 87,998,558 94,018,974 Pro forma net loss per share attributable to ordinary shareholders, basic and diluted (0.22 ) (0.21 )

Related Parties

Related Parties	6 Months Ended
	Jun. 30, 2021
Related Party Transactions [Abstract]
Related Parties	Note 6 - Related Parties On January 28, 2021, the Board of Directors approved a new compensation arrangement executed with six key executive officers in connection with the Business Combination. The Bonuses, which will be paid in four installments totaling $3.0 million, became payable upon the closing date and vested each quarter within a period of one year.

Subsequent Events

Subsequent Events	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Subsequent Events [Abstract]
Subsequent Events	Note 7 - Subsequent Events Acquisition of Neura On October 4, 2021, the Company acquired 100% of Neura Inc’s outstanding equity interests for transaction consideration of approximately $50 million. The consideration for the acquisition will be through the issuance of the Company’s ordinary shares (the “Neura Shares”). The initial accounting for the business combination is incomplete at the time the financial statements are issued.	Note 13—Subsequent Events Subsequent to the balance sheet date, during January 2021, the Company granted additional 285,449 options to employees with an estimated unrecognized compensation expense amounted to $2,446 thousands, which is expected to be recognized over a weighted-average period of 2.40 years.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Accounting Policies [Abstract]
Basis of Presentation	A. Basis of Preparation The accompanying interim unaudited condensed consolidated financial statements included herein have been prepared by the Company in accordance with the rules and regulations of the United States Securities and Exchange Commission (“SEC”). The interim unaudited condensed consolidated financial statements are comprised of the financial statements of the Company. In management’s opinion, the interim financial data presented includes all adjustments necessary for a fair presentation. All intercompany accounts and transactions have been eliminated. Certain information required by U.S. generally accepted accounting principles (“GAAP”) has been condensed or omitted in accordance with rules and regulations of the SEC. Operating results for the six months ended June 30, 2021 are not necessarily indicative of the results that may be expected for any future period or for the year ending December 31, 2021. These interim unaudited condensed consolidated financial statements should be read in conjunction with the Company’s audited consolidated financial statements and the notes thereto for the year ended December 31, 2020.	A. Basis of Presentation The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”) and include the accounts of Otonomo Technologies Ltd. and its wholly owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation.
Use of Estimates	B. Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ materially from those estimates.	B. Use of Estimates The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent liabilities at the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reporting periods and accompanying notes. Significant items subject to such estimates and assumptions include, but are not limited to, value of warrants to redeemable convertible preferred shares and share-based compensation including the determination of the fair value of the Company’s ordinary shares. The Company bases these estimates on historical and anticipated results, trends and various other assumptions that it believes are reasonable under the circumstances, including assumptions as to future events. Actual results could differ from those estimates. The novel coronavirus (“COVID-19”) COVID-19
Significant Accounting Policies	C. 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 for the year ended December 31, 2020. There have been no significant changes to these policies during the six months ended June 30, 2021.
Foreign Currency		C. Foreign Currency The currency of the primary economic environment in which the operations of the Company are conducted is the U.S. dollar (“dollar” or “$”), thus; the dollar is the functional currency of the Company. The transactions and balances of the Company denominated in U.S. dollars are presented at their original amounts as the U.S. dollar is the currency of the primary economic environment in which the Company has operated and expects to continue to operate in the foreseeable future. Monetary assets and liabilities denominated in a non-U.S. non-monetary non-U.S. Statements of operations accounts denominated in a non-U.S. Details of exchange rates: December 31 December 31 2019 2020 Exchange rate of U.S. dollar ($) in New Israeli Shekel (NIS) 3.456 3.215 CPI 100.8 100.1 The translation should not be construed as a representation that the foreign currency amounts upon which the translation is based actually represent, or could be converted into, U.S. dollar.
Unaudited Pro Forma Shareholders' Equity		D. Unaudited Pro Forma Shareholders’ Equity The Company has presented unaudited pro forma shareholders’ equity as of December 31, 2020 in order to show the assumed effect on the balance sheet of the automatic conversion of the outstanding redeemable convertible preferred shares and warrants upon the consummation of a qualified initial public offering (“IPO”). Upon the consummation of an IPO, all of the outstanding redeemable convertible preferred shares (62,914,408 shares) and warrants shares (1,179,231 shares) will automatically convert into 64,093,639 shares of ordinary shares. The unaudited pro forma shareholders’ equity does not give effect to any proceeds from the assumed IPO.
Concentration of Credit Risk		E. Concentration of Credit Risk Financial instruments which potentially expose the Company to concentrations of credit risk consist primarily of cash equivalents, short-term investments and restricted cash. The Company maintains bank accounts in financial institutions that management believes have strong credit ratings.
Cash, Cash equivalents and Short-Term Investments		F. Cash, Cash equivalents and Short-Term Investments The Company considers all highly liquid investments with an original maturity of three months or less at the date of purchase to be cash equivalents. Cash equivalents are stated at their carrying values, which approximates their fair values. Short-term investments consist of bank deposits.
Fair Value Measurements		G. Fair Value Measurements Fair value is defined as the exchange price that would be received from the sale of an asset or paid to transfer a liability in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. The Company measures financial assets and liabilities at fair value at each reporting period using a fair value hierarchy which requires the Company to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. A financial instrument’s classification within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. Three levels of inputs may be used to measure fair value: Level 1 – Quoted prices in active markets for identical assets or liabilities. Level 2 – Inputs other than Level 1 that are observable, either directly or indirectly, such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 3 – Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. Financial instruments consist of cash equivalents, short-term investments, account receivables, and account payables. Short-term investments are stated at fair value on a recurring basis. Cash equivalents, accounts receivable, and accounts payable are stated at their carrying value, which approximates fair value due to the short time to the expected receipt or payment date. See Note 9B for more information regarding the warrant for redeemable convertible preferred shares.
Accounts Receivables		H. Accounts Receivables Accounts receivable are recorded at the invoiced amount and amounts for which revenue has been recognized but not invoiced, net of allowance for doubtful accounts. The allowance for doubtful accounts is based on the Company’s assessment of the collectability of accounts. The allowance of doubtful accounts was not material for the periods presented.
Property and Equipment		I. Property and Equipment Property and equipment are stated at cost net of accumulated depreciation. Maintenance and repair expenses are charged to operation as incurred. Depreciation is calculated on the straight-line method based on the estimated useful lives of the assets and commences once the assets are ready for their intended use. Annual rates at depreciation are as follows: % Computers and software 33 Office furniture and equipment 7;15 Leasehold improvements Shorter of remaining lease term or estimated useful life Capitalized Software Costs Costs related to software acquired, developed, or modified solely to meet the Company’s internal requirements, with no substantive plans to market such software at the time of development are capitalized. Costs incurred during the preliminary planning and evaluation stage of the project and during the post implementation operational stage are expensed as incurred. Costs incurred during the application development stage of the project are capitalized. Maintenance costs are expensed as incurred. The amount of qualifying costs for capitalization incurred was immaterial for the years presented.
Impairment of Property and Equipment		J. Impairment of Property and Equipment The Company evaluates the recoverability of property and equipment for possible impairment whenever events or circumstances indicate that the carrying amount of such assets may not be fully recoverable. Such events and changes may include significant changes in performance relative to expected operating results, significant changes in asset use, significant negative industry or economic trends, and changes in the Company’s business strategy. Recoverability of these assets is measured by a comparison of the carrying amounts to the future undiscounted cash flows the assets are expected to generate. If such review indicates that the carrying amount of property and equipment is not recoverable, the carrying amount of such assets is reduced to fair value. There were no impairment charges to property and equipment during the years presented.
Revenue Recognition		K. Revenue Recognition The Company derives its revenues from subscription revenues, which are comprised of subscription fees from customers accessing the Company’s enterprise cloud computing services (“SaaS subscriptions”). The Company elected to adopt Accounting Standards Codification (“ASC”) Topic 606, Revenue from Contracts with Customers (“ASC 606”), effective as of January 1, 2018, utilizing the full retrospective method of adoption. Accordingly, the consolidated financial statements for the years ended December 31, 2019 and 2020 are presented under ASC 606. Under ASC 606, The Company determines revenue recognition through the following five-step framework: • Identification of the contract, or contracts, with a customer; • Identification of the performance obligations in the contract; • Determination of the transaction price; • Allocation of the transaction price to the performance obligations in the contract; and • Recognition of revenue when, or as, the Company satisfies a performance obligation. The Company’s SaaS subscriptions revenues consist primarily of fees to provide the Company’s customers access to its cloud-based platform, which includes routine customer support. Subscription service contracts do not provide customers with the right to take possession of the software, are cancelable, and do not contain general rights of return. Generally, subscription revenues are recognized ratably over the contractual term of the arrangement, beginning on the date that the service is made available to the customer. Subscription contracts typically have a term of one to three years and based on fixed-fee fixed-fee ‘as-invoiced’ Performance obligations promised in a contract are identified based on the services that will be transferred to the customer that are both capable of being distinct, whereby the customer can benefit from the services either on their own or together with other resources that are readily available from third parties or from the Company, and are distinct in the context of the contract, whereby the transfer of the services is separately identifiable from other promises in the contract. The Company provides access to its cloud-hosted software, without providing the customer with the right to take possession of its software, which the Company considers to be a single performance obligation. If the contract contains a single performance obligation, the entire transaction price is allocated to the single performance obligation. For contracts that contain multiple performance obligations, the Company allocates the transaction price for each contract to each performance obligation based on the relative standalone selling price for each performance obligation. In instances where performance obligations do not have observable standalone sales, the Company utilizes available information that may include market conditions, pricing strategies, the economic life of the software, and other observable inputs or uses the expected cost-plus margin approach to estimate the price the Company would charge if the products and services were sold separately. Incremental costs of obtaining a contract that are eligible to capitalization, were immaterial during the reported periods. Contract assets consist of unbilled accounts receivable, which occur when a right to consideration for the Company’s performance under the customer contract occurs before invoicing to the customer. The amount of unbilled accounts receivable included within accounts receivable, net on the consolidated balance sheets was immaterial for the periods presented. Contract liabilities consist of deferred revenue. Revenue is deferred when the Company invoices in advance of performance under a contract. The current portion of the deferred revenue balance is recognized as revenue during the 12-month
Cost of Services		L. Cost of Services Cost of services consists primarily of expenses related to purchase of data from data suppliers, amounts paid to data suppliers under revenue sharing or fixed price arrangements, third-party cloud infrastructure expenses incurred in connection with the Company’s customers’ use of the Company’s platform and the maintenance of the Company’s platform on public clouds, including different regional deployments, and personnel-related costs associated with customer support and professional services, including salaries, benefits, bonuses and share-based compensation. Cost of services also includes allocated overhead costs.
Research and Development		M. Research and Development Research and development costs include personnel-related expenses associated with the Company’s engineering personnel responsible for the design, development and testing of its products, cost of development environments and tools, and allocated overhead. Research and development costs are expensed as incurred.
Share-Based Compensation		N. Share-Based Compensation Share-based compensation expense related to share awards is recognized based on the fair value of the awards granted. The fair value of each option award is estimated on the grant date using the Black-Scholes option pricing model. The Black-Scholes option pricing model requires the input of highly subjective assumptions, including the fair value of the underlying ordinary shares, the expected term of the option, the expected volatility of the price of the underlining shares, risk-free interest rates, and the expected dividend yield of the shares. The assumptions used to determine the fair value of the option awards represent management’s best estimates. These estimates involve inherent uncertainties and the application of management’s judgment. The related share-based compensation expense is recognized on a straight-line basis over the requisite service period of the awards. Forfeitures are accounted for as they occur instead of estimating the number of awards expected to be forfeited.
Income Taxes		O. Income Taxes The Company is subject to income taxes in Israel, the U.S., and other foreign jurisdictions. These foreign jurisdictions may have different statutory tax rates than in Israel. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis as well as for operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The financial effect of changes in tax laws or rates is accounted for in the period of enactment. Valuation allowances are provided when necessary to reduce deferred tax assets to the amount more likely than not to be realized. The Company recognizes income tax benefits from tax positions only if it believes that it is more likely than not that the tax position will be sustained upon examination. The tax benefits recognized are measured as the largest amount of tax benefit that is greater than 50 percent likely of being realized upon settlement.
Net Loss Per Share		P. Net Loss Per Share Net Loss Per Share Attributable to Ordinary Shareholders The Company computes net loss per share using the two-class two-class pro-rata The Company’s basic net loss per share is calculated by dividing net loss attributable to ordinary shareholders by the weighted-average number of shares of ordinary shares outstanding for the period, without consideration of potentially dilutive securities. The diluted net loss per share is calculated by giving effect to all potentially dilutive securities outstanding for the period using the treasury share method or the if-converted Unaudited Pro Forma Net Loss Per Share Attributable to Ordinary Shareholders Unaudited pro forma basic and diluted net loss per share attributable to ordinary shareholders for the year ended December 31, 2019 and 2020 has been computed to give effect to the conversion of redeemable convertible preferred shares into ordinary shares as of the beginning of the period or the original date of issuance, if later.
Segment Information		Q. Segment Information The Company operates in one operating and reportable segment. Operating segments are defined as components of an enterprise about which separate financial information is evaluated regularly by the chief operating decision maker, who is the Company’s chief executive officer (“CEO”), in deciding how to allocate resources and assessing performance. The Company’s chief operating decision maker allocates resources and assesses performance based upon discrete financial information at the consolidated level. Revenue by geographical region of the Company’s customers: Year ended Year ended USD thousands USD thousands United States — 43 APAC 2 164 EMEA 127 187 Total revenue 129 394 Property and equipment, net of depreciation, by geographic region: December 31 December 31 USD thousands USD thousands United States 7 2 Israel 478 622 Rest of world 1 1 Total property and equipment, net 486 625 Number of Customers accounted for over 10% of Revenue For the year ended December 31, 2019, the Company had three customers that accounted for 12%, 20% and 63%, respectively, of its revenues. For the year ended December 31, 2020, the Company had two customers that accounted for 12% and 30%, respectively, of its revenues.
Recently Issued Accounting Pronouncements		R. Recently Issued Accounting Pronouncements As an “Emerging growth company,” the Jumpstart Our Business Startups Act (“JOBS Act”) allows the Company to delay adoption of new or revised accounting pronouncements applicable to public companies until such pronouncements are made applicable to private companies. The Company has elected to use this extended transition period under the JOBS Act. The adoption dates discussed below reflect this election. In February 2016, the FASB issued ASU No. 2016-02, expenses on their income statements in a manner similar to current practice. The guidance states that a lessee would recognize a lease liability for the obligation to make lease payments and a right-to-use No. 2020-05, 2016-02 non-public 2016-02

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2020
Accounting Policies [Abstract]
Summary of Exchange Rates	Details of exchange rates: December 31 December 31 2019 2020 Exchange rate of U.S. dollar ($) in New Israeli Shekel (NIS) 3.456 3.215 CPI 100.8 100.1
Summary of Annual Rates at Depreciation	Annual rates at depreciation are as follows: % Computers and software 33 Office furniture and equipment 7;15 Leasehold improvements Shorter of remaining lease term or estimated useful life
Summary of Revenue and Property and Property and Equipment Net of Depreciation by Geographical Region	Revenue by geographical region of the Company’s customers: Year ended Year ended USD thousands USD thousands United States — 43 APAC 2 164 EMEA 127 187 Total revenue 129 394 Property and equipment, net of depreciation, by geographic region: December 31 December 31 USD thousands USD thousands United States 7 2 Israel 478 622 Rest of world 1 1 Total property and equipment, net 486 625

Cash and Cash Equivalents (Tabl

Cash and Cash Equivalents (Tables)	12 Months Ended
	Dec. 31, 2020
Cash and Cash Equivalents [Abstract]
Summary of Cash and Cash Equivalents	December 31 December 31 USD thousands USD thousands In U.S dollar 5,665 13,326 In New Israeli Shekels and Euro 5,024 1,487 10,689 14,813

Other Receivables and Prepaid_2

Other Receivables and Prepaid Expenses (Tables)	12 Months Ended
	Dec. 31, 2020
Other Receivables and Prepaid Expenses [Abstract]
Summary of Other Receivables and Prepaid Expenses	December 31 December 31 USD thousands USD thousands Prepaid expenses 629 150 Government institutions 143 56 Other 8 — 780 206

Property and Equipment, net (Ta

Property and Equipment, net (Tables)	12 Months Ended
	Dec. 31, 2020
Property, Plant and Equipment [Abstract]
Summary of Property and Equipment	Property and equipment consists of the following: December 31 December 31 USD thousands USD thousands Computer and software 341 350 Office furniture and equipment 191 307 Leasehold improvements 280 344 812 1,001 Less—accumulated depreciation (326 ) (376 ) Property and equipment, net 486 625

Other payables and Accrued Ex_2

Other payables and Accrued Expenses (Tables)	12 Months Ended
	Dec. 31, 2020
Other Payables and Accrued Expenses [Abstract]
Summary of Other payables and Accrued Expenses	December 31 December 31 USD thousands USD thousands Employees & related institutions 1,339 1,378 Vacation and convalescence 513 659 Government institutions 65 64 Accrued expenses and other 639 554 2,556 2,655

Commitments (Tables)

Commitments (Tables)	12 Months Ended
	Dec. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Summary of Future Minimum Lease Payments Under Non-cancelable Operating Leases	Future minimum lease payments under non-cancelable USD thousands 2021 482 2022 482 964

Redeemable Convertible Prefer_2

Redeemable Convertible Preferred Shares and Shareholders' Equity (Tables)	12 Months Ended
	Dec. 31, 2020
Stockholders' Equity Note [Abstract]
Summary of Redeemable Convertible Preferred Shares	Redeemable Convertible preferred shares consisted of the following: As of December 31, 2020 Balance Sheet Designated Shares Issued Aggregate In USD thousands, except share data Preferred C-1 4,523 1,071,057 1,071,057 3,860 Preferred C shares 36,729 18,278,046 9,742,586 41,309 Preferred B shares 24,927 14,976,327 14,976,327 25,000 Preferred A shares 8,549 20,203,287 20,203,287 8,600 Preferred Seed shares 2,974 16,921,151 16,921,151 3,000 Total redeemable convertible preferred shares 77,702 71,449,868 62,914,408 81,769 As of December 31, 2019 Balance Sheet Designated Shares Issued Aggregate In USD thousands, except share data Preferred C-1 4,523 1,071,057 1,071,057 3,860 Preferred C shares 21,222 18,278,046 5,025,672 21,309 Preferred B shares 24,927 14,976,327 14,976,327 25,000 Preferred A shares 8,549 20,203,287 20,203,287 8,600 Preferred Seed shares 2,974 16,921,151 16,921,151 3,000 Total redeemable convertible preferred shares 62,195 71,449,868 58,197,494 61,769
Summary of Fair value of the Warrants	The Fair value of the Warrants: February 16 December 31 2020 2020 Value of warrant per share $ 3.782 $ 6.557 Number of redeemable convertible preferred shares issuable upon exercise of warrants 1,179,231 1,179,231 Fair value of warrant liability (in thousand) $ 4,460 $ 7,731

Share Based Compensation (Table

Share Based Compensation (Tables)	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Share-based Payment Arrangement [Abstract]
Summary of Share Based Compensation Activity		The following is a summary of the share based compensation activity and related information for the year ended December 31, 2020: Options outstanding Option exercisable Exercise price Number outstanding at Weighted average remaining Number exercisable at $0.06 4,439,630 5.63 4,417,316 $0.14 2,020,538 5.92 959,772 $0.46 119,812 6.83 97,343 $0.07 706,863 7.00 548,354 $0.47 95,789 7.23 65,831 $0.62 283,272 8.05 143,961 $1.59 30,644 8.43 13,407 $1.11 601,063 8.84 116,166 $0.93 16,753 9.36 — $0.64 850,833 9.40 — 9,165,197 6,362,150
Summary of Option Allotments Under Share Based Compensation	A summary of share option activity under the Company’s equity incentive plans and related information is as follows: Number of Weighted Outstanding – January 1, 2021 9,166,762 Granted 285,498 $ 0.64 Forfeited (45,120 ) $ 0.61 Exercised (43,519 ) $ 0.62 Outstanding – June 30, 2021 9,363,621	The option allotments are as follows: Number of Weighted Outstanding – January 1, 2019 10,378,925 Granted 1,141,392 $ 0.86 Forfeited (296,533 ) $ 0.17 Exercised (420,372 ) $ 0.07 Outstanding – December 31, 2019 10,803,412 Granted 1,349,997 $ 0.74 Forfeited (1,454,707 ) $ 0.48 Exercised (1,533,505 ) $ 0.09 Outstanding – December 31, 2020 9,165,197 Exercisable at end of period 6,362,150
Summary of Compensation Expense	The fair value of the options is measured at the grant date using the Black-Scholes Options-pricing model and the assumptions used to calculate the fair value of the options are as follows (see also note 10B to the Company’s annual financial statements): January 2021 Weighted average share price $ 9.17 Exercise price $ 0.64 Expected life of shares options (in years) 5.6 - 6.1 Expected volatility 40.8% - 41.1% Risk-free interest rate 0.58% - 0.68% Dividend yield 0%	The compensation expense was based on the following parameters: Year ended Year ended Volatility 39.2%-39.5 % 38.3%-41.1 % Risk-free interest rate 1.6%-2.6 % 0.4%-1.6 % Expected dividends 0.0 % 0.0 % Expected life (in years) 5.8-6.1 5.5-6.1

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Summary of Significant Components of The Company's Deferred Tax Assets and Liabilities	The following table presents the significant components of the Company’s deferred tax assets and liabilities: December 31 December 31 USD thousands USD thousands Deferred tax assets: Net operating loss carryforwards 8,630 13,448 Capitalized research and development expenses 1,588 1,889 Share based compensation 987 1,084 Accrued expenses 116 151 Deferred tax assets 11,321 16,572 Valuation allowance (11,301 ) (16,557 ) Deferred tax assets, net of valuation allowance 20 15 Deferred tax liabilities: Property and equipment (2 ) — Deferred tax liabilities (2 ) — Net deferred taxes 18 15
Schedule of Components of Income Tax Expense (Benefit)	The components of the net income (loss) before the provision for income taxes were as follows: Year ended Year ended USD thousands USD thousands Israel (19,241 ) (20,004 ) Foreign 208 39 Total (19,033 ) (19,965 ) Income tax expense was as follows: Current: Israel — — Foreign 84 73 Total current tax expense 84 73 Deferred: Israel — — Foreign (9 ) 3 Total deferred tax expense (9 ) 3 Total income tax expense 75 76
Schedule of Effective Income Tax Rate Reconciliation	A reconciliation of the Company’s theoretical income tax expense to actual income tax expense is as follows: Year ended Year ended USD thousands USD thousands Loss before income taxes as reported in the consolidated statements of operations (19,033 ) (19,965 ) Statutory tax rate 23 % 23 % Theoretical income tax benefit (4,378 ) (4,592 ) Foreign tax rate differentials (3 ) 1 Non-deductible 245 288 Non-deductible — 752 Currency transactions gain (1,226 ) (1,602 ) Change in valuation allowance 5,385 5,256 Other differences, net 52 (27 ) Actual income tax expense 75 76

Financial Instruments (Tables)

Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2021
Fair Value Disclosures [Abstract]
Summary of Reconciliation Between pening And Closing Balances Of Financial Instruments Measured At Fair Value	The table below shows a reconciliation between the opening balance and the closing balance regarding to financial instruments measured at fair value at level 3 (see also note 9B to the Company’s annual financial statements) in the fair value hierarchy: USD thousands Opening balance January 1, 2021 7,731 Total loss recognized in profit and loss from revaluation of warrants 3,165 Conversion of warrants to redeemable convertible preferred shares (10,896 ) Closing balance June 30, 2021 —

Net Loss Per Share Attributab_2

Net Loss Per Share Attributable to Ordinary Shareholders (Tables)	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Earnings Per Share [Abstract]
Summary of Basic and Diluted Net Loss Per Share	The following table sets forth the computation of basic and diluted net loss per share attributable to ordinary shareholders for the periods presented: Six-month 2020 Six-month 2021 In USD thousands, except share data Numerator: Net loss (11,084 ) (13,104 ) Denominator: Weighted-average shares used in computing net loss per share attributable to ordinary shareholders, basic and diluted 30,147,656 31,516,984 Net loss per share attributable to ordinary shareholders, basic and diluted (0.37 ) (0.42 )	The following table sets forth the computation of basic and diluted net loss per share attributable to ordinary shareholders for the periods presented: Year ended Year ended In USD thousands, except share data Numerator: Net loss (19,108 ) (20,041 ) Denominator: Weighted-average shares used in computing net loss per share attributable to ordinary shareholders, basic and diluted 29,801,064 30,668,412 Net loss per share attributable to ordinary shareholders, basic and diluted (0.64 ) (0.65 )
Schedule of Antidilutive Ordinary Shares Excluded From Computation of Earnings Per Share	The potential shares of ordinary shares that were excluded from the computation of diluted net loss per share attributable to ordinary shareholders for the periods presented because including them would have been anti-dilutive are as follows: Six-month 2020 Six-month 2021 In USD thousands, except share data Convertible redeemable preferred shares 61,726,166 63,386,381 Warrants to convertible redeemable preferred shares 879,687 1,081,146 Outstanding share options 10,700,374 9,351,396 Total 73,306,227 73,818,923	The potential shares of ordinary shares that were excluded from the computation of diluted net loss per share attributable to ordinary shareholders for the periods presented because including them would have been anti-dilutive are as follows: Year ended Year ended In USD thousands, except share data Convertible redeemable preferred shares 58,197,494 62,319,947 Warrants to convertible redeemable preferred shares — 1,030,615 Outstanding share options 10,695,382 10,228,594 Total 68,892,876 73,579,156
Summary of Computation of The Unaudited Pro Forma Basic and Diluted Net Loss Per Share		The following table sets forth the computation of the unaudited pro forma basic and diluted net loss per share attributable to ordinary shareholders: Year ended Year ended In USD thousands, except share data Numerator: Net loss (19,108 ) (20,041 ) Denominator: Weighted-average shares used in computing net loss per share attributable to ordinary shareholders, basic and diluted 29,801,064 30,668,412 Weighted-average of convertible redeemable preferred shares upon assumed conversion in IPO 58,197,494 62,319,947 Weighted-average of warrants to convertible redeemable preferred shares upon assumed conversion in IPO — 1,030,615 Weighted-average shares used in computing pro forma net loss per share attributable to ordinary shareholders, basic and diluted 87,998,558 94,018,974 Pro forma net loss per share attributable to ordinary shareholders, basic and diluted (0.22 ) (0.21 )

General - Additional Informatio

General - Additional Information (Detail) - USD ($)	Aug. 13, 2021	Jan. 31, 2021	Sep. 24, 2020	Jan. 16, 2020
Proceeds from Issuance of Warrants			$ 22,950,000
Deposited into the Trust Account			22,500,000
Proceeds held in the Trust Account			$ 172,500,000
Stock conversion basis	one
Subsequent Event [Member]
Share price	$ 10
Stockholders equity note stock split ratio	1:4.6936
Common Stock [Member] | Subsequent Event [Member]
Stock shares issued during the period shares	14,576,479
Proceeds from Issuance of Common Stock	$ 112,646,000
SWAG's Class A Stock [Member] | Subsequent Event [Member]
Stock redeemed during period value	$ 59,863,000
PIPE Investors [Member]
Stock Issued During Period, Shares, Stock Splits		14,250,000
Proceeds from Issuance of Common Stock		$ 142,500,000
PIPE Investors [Member] | Subsequent Event [Member]
Stock Issued During Period, Shares, Stock Splits	14,250,000
Proceeds from Issuance of Common Stock	$ 142,500,000
Secondary Investors [Member]
Stock Issued During Period, Shares, Stock Splits		3,000,000
Proceeds from Issuance of Common Stock		$ 30,000,000
Secondary PIPE Investors [Member] | Subsequent Event [Member] | Share Purchase Agreement [Member]
Sale of stock issue price per share	$ 10
Stock Issued During Period, Shares, Stock Splits	3,000,000
Proceeds from Issuance of Common Stock	$ 30,000,000
Software Acquisition Group Inc. II [Member]
Outstanding voting securities			70.00%
IPO [Member] | Software Acquisition Group Inc. II [Member]
Stock shares issued during the period shares				15,000,000
Sale of stock issue price per share				$ 10
Proceeds from initial public offering				$ 150,000,000
Over-Allotment Option [Member]
Class of warrants or rights warrants issued during the period units			2,250,000
Class of warrants or rights warrants issued issue price per warrant			$ 10
Private Placement [Member]
Class of warrants or rights warrants issued during the period units			450,000
Class of warrants or rights warrants issued issue price per warrant			$ 1

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Summary of Exchange Rates (Detail)	Dec. 31, 2020	Dec. 31, 2019
Foreign Currency [Abstract]
Exchange rate of U.S. dollar ($) in New Israeli Shekel (NIS)	3.215	3.456
CPI	100.10%	100.80%

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Summary of Annual Rates at Depreciation (Detail)	12 Months Ended
	Dec. 31, 2020
Computer and software [Member]
Property, Plant and Equipment [Line Items]
Depreciation Rate	33.00%
Office furniture and equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Depreciation Rate	7.00%
Office furniture and equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Depreciation Rate	15.00%
Leasehold improvements [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	Shorter of remaining leaseterm or estimated useful life

Summary of Significant Accoun_6

Summary of Significant Accounting Policies - Summary of Revenue and Property and Property and Equipment Net of Depreciation by Geographical Region (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Jun. 30, 2021
Geographic Areas, Revenues from External Customers [Abstract]
Revenue by geographical region	$ 394	$ 129
Property and equipment, net of depreciation, by geographic region	625	486	$ 651
United States [Member]
Geographic Areas, Revenues from External Customers [Abstract]
Revenue by geographical region	43
Property and equipment, net of depreciation, by geographic region	2	7
APAC [Member]
Geographic Areas, Revenues from External Customers [Abstract]
Revenue by geographical region	164	2
EMEA [Member]
Geographic Areas, Revenues from External Customers [Abstract]
Revenue by geographical region	187	127
Israel [Member]
Geographic Areas, Revenues from External Customers [Abstract]
Property and equipment, net of depreciation, by geographic region	622	478
Rest of world [Member]
Geographic Areas, Revenues from External Customers [Abstract]
Property and equipment, net of depreciation, by geographic region	$ 1	$ 1

Summary of Significant Accoun_7

Summary of Significant Accounting Policies - Additional Information (Detail) - shares	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Accounting Policies [Line Items]
Class of Warrant or Right, Outstanding	1,179,231
Revenue Benchmark [Member] | Customer One [Member]
Accounting Policies [Line Items]
Concentration Risk, Percentage	12.00%	12.00%
Revenue Benchmark [Member] | Customer Two [Member]
Accounting Policies [Line Items]
Concentration Risk, Percentage	30.00%	20.00%
Revenue Benchmark [Member] | Customer Three [Member]
Accounting Policies [Line Items]
Concentration Risk, Percentage		63.00%
Redeemable Convertible Preferred Stock [Member]
Accounting Policies [Line Items]
Temporary Equity, Shares Outstanding	62,914,408	58,197,494

Cash and Cash Equivalents - Sum

Cash and Cash Equivalents - Summary of Cash and Cash Equivalents (Detail) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020	Dec. 31, 2019
Cash and Cash Equivalents [Line Items]
Cash and cash equivalents at carrying value	$ 13,033	$ 14,813	$ 10,689
In U.S dollar [Member]
Cash and Cash Equivalents [Line Items]
Cash and cash equivalents at carrying value		13,326	5,665
In New Israeli Shekels and Euro [Member]
Cash and Cash Equivalents [Line Items]
Cash and cash equivalents at carrying value		$ 1,487	$ 5,024

Other Receivables and Prepaid_3

Other Receivables and Prepaid Expenses - Summary of Other Receivables and Prepaid Expenses (Detail) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Other Receivables and Prepaid Expenses [Abstract]
Prepaid expenses	$ 150	$ 629
Government institutions	56	143
Other		8
Total	$ 206	$ 780

Property and Equipment, net - S

Property and Equipment, net - Summary of Property and Equipment (Detail) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020	Dec. 31, 2019
Property, Plant and Equipment [Line Items]
Property plant and equipment Gross		$ 1,001	$ 812
Less—accumulated depreciation		(376)	(326)
Property and equipment, net	$ 651	625	486
Computer and software [Member]
Property, Plant and Equipment [Line Items]
Property plant and equipment Gross		350	341
Office furniture and equipment [Member]
Property, Plant and Equipment [Line Items]
Property plant and equipment Gross		307	191
Leasehold improvements [Member]
Property, Plant and Equipment [Line Items]
Property plant and equipment Gross		$ 344	$ 280

Property and Equipment, net - A

Property and Equipment, net - Additional Information (Detail) - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020	Dec. 31, 2019
Property, Plant and Equipment [Abstract]
Depreciation expenses	$ 64	$ 78	$ 147	$ 138

Other payables and Accrued Ex_3

Other payables and Accrued Expenses - Summary of Other payables and Accrued Expenses (Detail) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Other Payables and Accrued Expenses [Abstract]
Employees & related institutions	$ 1,378	$ 1,339
Vacation and convalescence	659	513
Government institutions	64	65
Accrued expenses and other	554	639
Total	$ 2,655	$ 2,556

Employee Benefit Plans - Additi

Employee Benefit Plans - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2020
Retirement Benefits [Abstract]
Defined Contribution Plan, Percentage of Monthly Employers Contribution under Israel's Severance Pay Law	8.33%

Commitments - Summary of Future

Commitments - Summary of Future Minimum Lease Payments Under Non-cancelable Operating Leases (Detail) $ in Thousands	Dec. 31, 2020USD ($)
Lessee, Operating Lease, Liability, Payment, Due [Abstract]
2021	$ 482
2022	482
Total	$ 964

Commitments - Additional Infor

Commitments - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Lessee, Operating Lease, Liability, Payment, Due [Abstract]
Lease Expiration Date	Dec. 31, 2022
Operating Leases, Rent Expense, Net	$ 456	$ 405

Redeemable Convertible Prefer_3

Redeemable Convertible Preferred Shares and Shareholders' Equity - Additional Information (Detail) - USD ($)	Feb. 16, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020	Jun. 15, 2021
Class of Stock [Line Items]
Common Stock, Voting Rights				one vote
Proceeds from Issuance or Sale of Redeemable Convertible Preferred C Shares and warrants	$ 19,999,995
Class of warrants or rights warrants issued during the period	1,179,231
Number of Securities Called by Each Warrant or Right	1
Exercise Price of Warrants	$ 0.0001				$ 0.0001
Warrants and Rights Outstanding, Maturity Date	Feb. 16, 2022
Fair Value Adjustment of Warrants		$ 3,165,000	$ 2,749,000	$ 3,271,000
Dividends declared				$ 0
Redeemable Convertible Preferred Stock [Member]
Class of Stock [Line Items]
Temporary equity stock issued during period shares new issues	4,716,914
Temporary Stock Voting Rights				one vote to each share
Percentage of Distributable Avaialble to Preference Shareholders in case of Liquidation				100.00%

Redeemable Convertible Prefer_4

Redeemable Convertible Preferred Shares and Shareholders' Equity - Summary of Redeemable Convertible Preferred Shares (Detail) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020	Dec. 31, 2019
Preferred C-1 shares [Member]
Temporary Equity [Line Items]
Balance Sheet		$ 4,523	$ 4,523
Designated Shares Authorized		1,071,057	1,071,057
Shares Issued and Outstanding		1,071,057	1,071,057
Aggregate Liquidation Preference		$ 3,860	$ 3,860
Preferred C shares [Member]
Temporary Equity [Line Items]
Balance Sheet		$ 36,729	$ 21,222
Designated Shares Authorized		18,278,046	18,278,046
Shares Issued and Outstanding		9,742,586	5,025,672
Aggregate Liquidation Preference		$ 41,309	$ 21,309
Preferred B shares [Member]
Temporary Equity [Line Items]
Balance Sheet		$ 24,927	$ 24,927
Designated Shares Authorized		14,976,327	14,976,327
Shares Issued and Outstanding		14,976,327	14,976,327
Aggregate Liquidation Preference		$ 25,000	$ 25,000
Preferred A shares [Member]
Temporary Equity [Line Items]
Balance Sheet		$ 8,549	$ 8,549
Designated Shares Authorized		20,203,287	20,203,287
Shares Issued and Outstanding		20,203,287	20,203,287
Aggregate Liquidation Preference		$ 8,600	$ 8,600
Preferred Seed shares [Member]
Temporary Equity [Line Items]
Balance Sheet		$ 2,974	$ 2,974
Designated Shares Authorized		16,921,151	16,921,151
Shares Issued and Outstanding		16,921,151	16,921,151
Aggregate Liquidation Preference		$ 3,000	$ 3,000
Redeemable Convertible Preferred Stock [Member]
Temporary Equity [Line Items]
Balance Sheet		$ 77,702	$ 62,195
Designated Shares Authorized	71,462,063	71,462,063	71,449,868
Designated Shares Authorized		71,449,868	71,449,868
Shares Issued and Outstanding	64,104,577	62,925,145	58,197,494
Shares Issued and Outstanding		62,914,408	58,197,494
Aggregate Liquidation Preference	$ 86,769	$ 81,769	$ 61,769

Redeemable Convertible Prefer_5

Redeemable Convertible Preferred Shares and Shareholders' Equity - Summary of Fair value of the Warrants (Detail) - USD ($) $ / shares in Units, $ in Thousands	Jun. 15, 2021	Dec. 31, 2020	Feb. 16, 2020
Financial Liabilities Fair Value Disclosure [Line Items]
Value of warrant per share	$ 9.24	$ 6.557	$ 3.782
Fair value of warrant liability		$ 7,731	$ 4,460
Redeemable Convertible Preferred Stock [Member]
Financial Liabilities Fair Value Disclosure [Line Items]
Number of redeemable convertible preferred shares issuable upon exercise of warrants		1,179,231	1,179,231

Share Based Compensation - Summ

Share Based Compensation - Summary of Share Based Compensation Activity (Detail) - $ / shares	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Number outstanding at December 31, 2020	9,165,197	10,803,412	10,378,925
Number exercisable at December 31, 2020	6,362,150
Exercise Price 0.06 [Member]
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise price	$ 0.06
Number outstanding at December 31, 2020	4,439,630
Weighted average remaining contractual life (in years)	5 years 7 months 17 days
Number exercisable at December 31, 2020	4,417,316
Exercise Price 0.14 [Member]
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise price	$ 0.14
Number outstanding at December 31, 2020	2,020,538
Weighted average remaining contractual life (in years)	5 years 11 months 1 day
Number exercisable at December 31, 2020	959,772
Exercise Price 0.46 [Member]
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise price	$ 0.46
Number outstanding at December 31, 2020	119,812
Weighted average remaining contractual life (in years)	6 years 9 months 29 days
Number exercisable at December 31, 2020	97,343
Exercise Price 0.07 [Member]
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise price	$ 0.07
Number outstanding at December 31, 2020	706,863
Weighted average remaining contractual life (in years)	7 years
Number exercisable at December 31, 2020	548,354
Exercise Price 0.47 [Member]
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise price	$ 0.47
Number outstanding at December 31, 2020	95,789
Weighted average remaining contractual life (in years)	7 years 2 months 23 days
Number exercisable at December 31, 2020	65,831
Exercise Price 0.62 [Member]
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise price	$ 0.62
Number outstanding at December 31, 2020	283,272
Weighted average remaining contractual life (in years)	8 years 18 days
Number exercisable at December 31, 2020	143,961
Exercise Price 1.59 [Member]
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise price	$ 1.59
Number outstanding at December 31, 2020	30,644
Weighted average remaining contractual life (in years)	8 years 5 months 4 days
Number exercisable at December 31, 2020	13,407
Exercise Price 1.11 [Member]
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise price	$ 1.11
Number outstanding at December 31, 2020	601,063
Weighted average remaining contractual life (in years)	8 years 10 months 2 days
Number exercisable at December 31, 2020	116,166
Exercise Price 0.93 [Member]
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise price	$ 0.93
Number outstanding at December 31, 2020	16,753
Weighted average remaining contractual life (in years)	9 years 4 months 9 days
Exercise Price 0.64 [Member]
Share-based Payment Arrangement, Option, Exercise Price Range [Line Items]
Exercise price	$ 0.64
Number outstanding at December 31, 2020	850,833
Weighted average remaining contractual life (in years)	9 years 4 months 24 days

Share Based Compensation - Su_2

Share Based Compensation - Summary of Option Allotments Under Share Based Compensation (Detail) - $ / shares	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020	Dec. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding at beginning	9,165,197	10,803,412	10,378,925
Granted of share options, Shares		1,349,997	1,141,392
Forfeited of share options, Shares		(1,454,707)	(296,533)
Exercise of share options, Shares		(1,533,505)	(420,372)
Outstanding, Ending balance		9,165,197	10,803,412
Number exercisable at December 31, 2020		6,362,150
Weighted Average Exercise Price, Granted		$ 0.74	$ 0.86
Weighted Average Exercise Price, Forfeited		0.48	0.17
Weighted Average Exercise Price, Exercised		$ 0.09	$ 0.07
Employee Stock Option [Member] | Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding at beginning	9,166,762
Granted of share options, Shares	285,498
Forfeited of share options, Shares	(45,120)
Exercise of share options, Shares	(43,519)
Outstanding, Ending balance	9,363,621	9,166,762
Weighted Average Exercise Price, Granted	$ 0.64
Weighted Average Exercise Price, Forfeited	0.61
Weighted Average Exercise Price, Exercised	$ 0.62

Share Based Compensation - Su_3

Share Based Compensation - Summary of Compensation Expense (Detail) - $ / shares	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020	Dec. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected Dividend yield		0.00%	0.00%
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average share price	$ 9.17
Exercise price	$ 0.64
Expected Dividend yield	0.00%
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected life of shares options (in years)		6 years 1 month 6 days	6 years 1 month 6 days
Expected volatility		41.10%	39.50%
Risk-free interest rate		1.60%	2.60%
Maximum [Member] | Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected life of shares options (in years)	6 years 1 month 6 days
Expected volatility	41.10%
Risk-free interest rate	0.68%
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected life of shares options (in years)		5 years 6 months	5 years 9 months 18 days
Expected volatility		38.30%	39.20%
Risk-free interest rate		0.40%	1.60%
Minimum [Member] | Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected life of shares options (in years)	5 years 7 months 6 days
Expected volatility	40.80%
Risk-free interest rate	0.58%

Share Based Compensation - Addi

Share Based Compensation - Additional Information (Detail) - USD ($)	1 Months Ended	6 Months Ended		12 Months Ended
	Jan. 31, 2021	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020	Dec. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common Stock, Capital Shares Reserved for Future Issuance				9,165,197
Share-based Payment Arrangement, Expense				$ 1,440,000	$ 2,010,000
Share-based Payment Arrangement, Expense, Tax Benefit				$ 23,000	$ 211,000
Number of options approved for grant				1,349,997	1,141,392
Exercise price of options, granted				$ 0.74	$ 0.86
Share-based Payment Arrangement, Expense				$ 1,440,000	$ 2,010,000
Employees Directors and Consultants [member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Payment Arrangement, Expense		$ 1,048,000	$ 656,000
Number of options approved for grant	285,498
Exercise price of options, granted	$ 0.64
Share-based Payment Arrangement, Expense		1,048,000	$ 656,000
Unrecognized compensation cost		$ 5,000
Weighted average period		1 year 10 months 24 days
Weighted average grant date fair value of options granted		$ 8.55
Employees Directors and Consultants [member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	4 years
Employees Directors and Consultants [member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	3 years

Income Taxes - Summary of Signi

Income Taxes - Summary of Significant Components of The Company's Deferred Tax Assets and Liabilities (Detail) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Deferred tax assets:
Net operating loss carryforwards	$ 13,448	$ 8,630
Capitalized research and development expenses	1,889	1,588
Share based compensation	1,084	987
Accrued expenses	151	116
Deferred tax assets	16,572	11,321
Valuation allowance	(16,557)	(11,301)
Deferred tax assets, net of valuation allowance	15	20
Deferred tax liabilities:
Property and equipment		(2)
Deferred tax liabilities		(2)
Net deferred taxes	$ 15	$ 18

Income Taxes - Schedule of Comp

Income Taxes - Schedule of Components of Income Tax Expense (Benefit) (Detail) - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020	Dec. 31, 2019
Schedule Of Components Of Income Tax Expense Benefit [Line Items]
Israel			$ (20,004)	$ (19,241)
Foreign			39	208
Total			(19,965)	(19,033)
Income tax expense was as follows:
Foreign			73	84
Total current tax expense			73	84
Deferred:
Foreign			3	(9)
Total deferred tax expense			3	(9)
Total income tax expense	$ 57	$ 44	$ 76	$ 75

Income Taxes - Schedule of Effe

Income Taxes - Schedule of Effective Income Tax Rate Reconciliation (Detail) - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020	Dec. 31, 2019
Effective Income Tax Rate Reconciliation, Amount [Abstract]
Loss before income taxes as reported in the consolidated statements of operations	$ (13,047)	$ (11,040)	$ (19,965)	$ (19,033)
Statutory tax rate			23.00%	23.00%
Theoretical income tax benefit			$ (4,592)	$ (4,378)
Foreign tax rate differentials			1	(3)
Non-deductible share based compensation			288	245
Non-deductible revaluation of warrants			752
Currency transactions gain			(1,602)	(1,226)
Change in valuation allowance			5,256	5,385
Other differences, net			(27)	52
Total income tax expense	$ 57	$ 44	$ 76	$ 75

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Income Tax Disclosure [Line Items]
Deferred tax liabilities		$ 2
Income tax rate percentage	23.00%	23.00%
Israel [Member]
Income Tax Disclosure [Line Items]
Income tax rate percentage	23.00%
Operating loss carryforwards	$ 58,472
Subsidiaries [Member]
Income Tax Disclosure [Line Items]
Deferred tax liabilities	$ 0	$ 0

Financial Instruments - Summary

Financial Instruments - Summary of Financial Instruments Measured at Fair Value (Detail) - USD ($) $ in Thousands	1 Months Ended	6 Months Ended		12 Months Ended
	Jan. 31, 2021	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Reconciliation between opening and closing balances of financial instruments measured at fair value [Line Items]
Opening balance January 1, 2021	$ 7,731	$ 7,731
Total loss recognized in profit and loss from revaluation of warrants		3,165	$ 2,749	$ 3,271
Conversion of warrants to redeemable convertible preferred shares		10,896
Closing balance June 30, 2021				7,731
Level 3 [Member]
Reconciliation between opening and closing balances of financial instruments measured at fair value [Line Items]
Opening balance January 1, 2021	7,731	$ 7,731
Total loss recognized in profit and loss from revaluation of warrants	3,165
Conversion of warrants to redeemable convertible preferred shares	(10,896)
Closing balance June 30, 2021	$ 0			$ 7,731

Financial Instruments - Additio

Financial Instruments - Additional Information (Detail) - $ / shares	Jun. 15, 2021	Dec. 31, 2020	Feb. 16, 2020
Fair Value Disclosures [Abstract]
Number of warrants converted into redeemable convertible preferred C shares	1,179,432
Exercise Price of Warrants	$ 0.0001		$ 0.0001
Value of warrant per share	$ 9.24	$ 6.557	$ 3.782

Net Loss Per Share Attributab_3

Net Loss Per Share Attributable to Ordinary Shareholders - Summary of Basic and Diluted Net Loss Per Share (Detail) - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended				12 Months Ended
	Jun. 30, 2021		Jun. 30, 2020		Dec. 31, 2020	Dec. 31, 2019
Numerator:
Net loss	$ (13,104)		$ (11,084)		$ (20,041)	$ (19,108)
Denominator:
Weighted-average shares used in computing net loss per share attributable to ordinary shareholders, basic and diluted	31,516,984	[1]	30,147,656	[1]	30,668,412	29,801,064
Net loss per share attributable to ordinary shareholders, basic and diluted	$ (0.42)		$ (0.37)		$ (0.65)	$ (0.64)
[1]	The Company effected a share split as of the Recapitalization, all ordinary share and redeemable convertible preferred shares amounts were adjusted retroactively for all periods. See also Note 1B.

Net Loss Per Share Attributab_4

Net Loss Per Share Attributable to Ordinary Shareholders - Schedule of Antidilutive Ordinary Shares Excluded From Computation of Earnings Per Share (Detail) - shares	6 Months Ended		12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020	Dec. 31, 2019
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	73,818,923	73,306,227	73,579,156	68,892,876
Redeemable Convertible Preferred Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	63,386,381	61,726,166	62,319,947	58,197,494
Warrants to convertible redeemable preferred shares [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	1,081,146	879,687	1,030,615
Outstanding share options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	9,351,396	10,700,374	10,228,594	10,695,382

Net Loss Per Share Attributab_5

Net Loss Per Share Attributable to Ordinary Shareholders - Summary of Computation of The Unaudited Pro Forma Basic and Diluted Net Loss Per Share (Detail) - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended				12 Months Ended
	Jun. 30, 2021		Jun. 30, 2020		Dec. 31, 2020	Dec. 31, 2019
Numerator:
Net loss	$ (13,104)		$ (11,084)		$ (20,041)	$ (19,108)
Denominator:
Weighted-average shares used in computing net loss per share attributable to ordinary shareholders, basic and diluted	31,516,984	[1]	30,147,656	[1]	30,668,412	29,801,064
Weighted-average of convertible redeemable preferred shares upon assumed conversion in IPO					62,319,947	58,197,494
Weighted-average of warrants to convertible redeemable preferred shares upon assumed conversion in IPO					1,030,615
Weighted-average shares used in computing pro forma net loss per share attributable to ordinary shareholders, basic and diluted					94,018,974	87,998,558
Pro forma net loss per share attributable to ordinary shareholders, basic and diluted					$ (0.21)	$ (0.22)
[1]	The Company effected a share split as of the Recapitalization, all ordinary share and redeemable convertible preferred shares amounts were adjusted retroactively for all periods. See also Note 1B.

Related Parties - Additional In

Related Parties - Additional Information (Detail) $ in Millions	Jan. 28, 2021USD ($)
Executive Officers In Connection With Business Combination [Member] | Four Installments [Member]
Related Party Transaction [Line Items]
Bonuses payable to related parties	$ 3

Subsequent Events - Additional

Subsequent Events - Additional Information (Detail) - USD ($) $ in Thousands	Oct. 04, 2021	Jan. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Subsequent Event [Line Items]
Exercise of share options			1,533,505	420,372
Subsequent Event [Member]
Subsequent Event [Line Items]
Exercise of share options		285,449
Unrecognized compensation expense		$ 2,446
Weighted average period, non-vested award, cost not yet recognized, period for recognition		2 years 4 months 24 days
Subsequent Event [Member] | Neura Inc's [Member]
Subsequent Event [Line Items]
Percentage of voting interests acquired	100.00%
Transaction consideration	$ 50,000