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Note 14 - Taxes on Income (Tables)

12 Months Ended

Dec. 31, 2020

Notes Tables

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

		Year ended December 31,
		2018				2019				2020
Domestic taxes:
Current		$	3			$	3			$	12
Deferred			—				—				—
Foreign taxes:
Current			2,913				1,936				6,337
Deferred			(2,187	)			(600	)			(1,449	)
		$	729			$	1,339			$	4,900
Income before taxes on income:
Domestic		$	(5,680	)		$	(9,039	)		$	(6,348	)
Foreign			6,983				10,406				8,869
		$	1,303			$	1,367			$	2,521

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

		Year ended December 31,
		2018				2019				2020
Income before taxes on income		$	1,303			$	1,367			$	2,521
Theoretical tax at U.S. statutory rate			274				287				529
Foreign income taxes at rates other than U.S. rate			369				(33	)			810
Approved and benefited enterprises benefits (*)			(239	)			(154	)			—
Technological Preferred Enterprise benefits (*)			—				—				22
Subpart F			563				568				359
Non-deductible items			217				124				306
Non-taxable items			(434	)			(486	)			(690	)
Changes in uncertain tax position			16				(1,029	)			—
Stock-based compensation expense			(62	)			(3	)			(666	)
Deemed mandatory repatriation			3,542				—				—
Impacts of GILTI			880				967				644
Tax adjustment in respect of difference tax rate of foreign subsidiary			—				364				1,044
Changes in valuation allowance			(5,005	)			(209	)			2,487
Other, net			608				943				55
Taxes on income		$	729			$	1,339			$	4,900
(*)Basic and diluted earnings per share amounts of the benefit resulting from:
the “Approved Enterprise” and “Benefited Enterprise” status		$	0.01			$	0.01			$	—
the “Technological Preferred Enterprise benefits” status		$	—			$	—			$	0.00

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

		As at December 31,
		2019				2020
Deferred tax assets
Operating loss carryforward		$	8,778			$	9,493
Accrued expenses and deferred revenues			1,455				1,783
Temporary differences related to R&D expenses			3,123				4,275
Equity-based compensation			3,396				3,667
Operating leases			1,546				1,619
Tax credit carry forward			5,666				7,214
Other			502				202
Total gross deferred tax assets			24,466				28,253
Valuation allowance			(12,315	)			(15,844	)
Net deferred tax assets		$	12,151			$	12,409
Deferred tax liabilities
Operating leases		$	1,546			$	1,583
Total deferred tax liabilities		$	1,546			$	1,583
Net deferred tax assets (*)		$	10,605			$	10,826

Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

		Year ended December 31,
		2019				2020
Beginning of year		$	2,739			$	1,037
Additions for current year tax positions			478				387
Additions (reductions) for prior year’s tax positions			(16	)			134
Decrease as a result of the completion of a tax audit for prior years			(2,164	)			—
Balance at December 31		$	1,037			$	1,558

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