Company: RSKD
Filing Date: 2025-03-06
Form Type: 20-F
Source: 0001851112-25-000006
Chunk: 226

Company: RISKIFIED LTD.
Filing Date: 2025-03-06
Form: 20-F
Item: Item 19
Chunk 226
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 divided into ten 26.67 106.67 5 No

In addition to the service-based vesting condition, and market-based vesting condition, each described above, the Multi-Year Award is also subject to a performance-based vesting condition. The performance-based vesting condition underlying the Multi-Year Award was satisfied upon the occurrence of our IPO in 2021. We recognized $ 7.0 8.6 13.0

F-32

RISKIFIED LTD.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Share-Based Compensation

Share-based compensation expense by line item in the consolidated statements of operations is summarized as follows:

                                              Year Ended December 31,                                                          
                                              2024                                     2023                  2022              
                                              (in thousands)                                                                   
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Cost of revenue                             $                               765      $            770      $            621  
  Research and development                                                 13,061                13,152                10,005  
  Sales and marketing                                                      18,506                19,420                18,253  
  General and administrative                                               25,499                29,068                38,588  
  Total share-based compensation expense      $                            57,831      $         62,410      $         67,467  

12. Income Taxes

Ordinary taxable income in Israel is subject to a corporate tax rate of 23

Law for the Encouragement of Capital Investments, 1959

The Law for the Encouragement of Capital Investments, 1959, generally referred to as the Investment Law, provides certain incentives for capital investments in production facilities (or other eligible assets).

The Investment Law was significantly amended effective on April 1, 2005, January 1, 2011, and on January 1, 2017, or the 2017 Amendment. The 2017 Amendment introduces new benefits for Technological Enterprises, alongside the existing tax benefits.

The 2017 Amendment was enacted as part of the Economic Efficiency Law that was published on December 29, 2016, and is effective as of January 1, 2017. The 2017 Amendment included new tax benefits for “ Technological Enterprises,” as described below, and is in addition to the other existing tax beneficial programs under the Investment Law.

The 2017 Amendment provides that a technology company satisfying certain conditions