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Interim Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:    
Net loss $ (2,297) $ (2,182)
Adjustments required to reconcile net loss to net cash provided by operating activities:    
Depreciation 702 576
Amortization of intangible assets 289 359
Equity-based compensation 2,416 2,771
Realized (gain) loss, net on sale of available-for-sale marketable securities 24 (4)
Amortization of premiums on available-for-sale marketable securities 156 236
Unrealized foreign exchange (gain) loss 107 (73)
Changes in operating assets and liabilities:    
Trade receivables 6,802 2,366
Prepaid expenses and other assets (3,133) (1,619)
Accrued interest on bank deposits (342) (326)
Deferred tax, net (371) (355)
Trade payables 124 102
Deferred revenues (782) 574
Accrued expenses and other payables (551) (780)
Accrued payroll and related benefits 1,429 (129)
Accrued severance pay, net 95 267
Net cash provided by operating activities 4,668 1,783
Cash flows from investing activities:    
Purchase of property and equipment (623) (455)
Purchase of intangible assets 0 (850)
Investment in bank deposits (3,846) (1,286)
Proceeds from bank deposits 1,298
Investment in available-for-sale marketable securities (5,028) (9,505)
Proceeds from maturity of available-for-sale marketable securities 2,917 3,762
Proceeds from sale of available-for-sale marketable securities 2,476 2,279
Net cash used in investing activities (4,104) (4,757)
Cash flows from financing activities:    
Purchase of treasury stock (2,536) (1,459)
Proceeds from exercise of stock-based awards 1,163 1,062
Net cash used in financing activities (1,373) (397)
Effect of exchange rate changes on cash and cash equivalents 18 14
Decrease in cash and cash equivalents (791) (3,357)
Cash and cash equivalents at the beginning of the period 22,260 21,739
Cash and cash equivalents at the end of the period 21,469 18,382
Supplemental information of cash-flow activities:    
Income and withholding taxes 1,868 1,355
Non-cash transactions:    
Cumulative effect of adoption of new accounting standard 8,555
Intangible assets purchases incurred but unpaid at period end $ 1,350