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Interim Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 24,702 $ 23,287
Short-term bank deposits 2,107 10,556
Marketable securities 131,602 132,695
Trade receivables (net of allowance for credit losses of $288 at both March 31, 2024 and December 31, 2023) 35,655 30,307
Prepaid expenses and other current assets 13,201 12,526
Total current assets 207,267 209,371
Long-term assets:    
Severance pay fund 6,762 7,070
Deferred tax assets, net 1,317 1,609
Property and equipment, net 6,843 6,732
Operating lease right-of-use assets 6,137 6,978
Goodwill 58,308 58,308
Intangible assets, net 2,411 2,967
Investments in marketable equity securities 288 406
Other long-term assets 11,069 10,644
Total long-term assets 93,135 94,714
Total assets 300,402 304,085
Current liabilities:    
Trade payables 1,092 1,154
Deferred revenues 2,830 3,018
Accrued expenses and other payables 6,051 5,800
Accrued payroll and related benefits 12,394 14,402
Operating lease liabilities 2,615 2,513
Total current liabilities 24,982 26,887
Long-term liabilities:    
Accrued severance pay 7,210 7,524
Operating lease liabilities 2,964 3,943
Other accrued liabilities 1,460 1,390
Total long-term liabilities 11,634 12,857
Stockholders’ equity:    
Preferred Stock: $0.001 par value: 5,000,000 shares authorized; none issued and outstanding 0 0
Common Stock: $0.001 par value: 45,000,000 shares authorized; 23,756,255 and 23,695,190 shares issued at June 30, 2024 and December 31, 2023, respectively. 23,659,925 and 23,440,848 shares outstanding at June 30, 2024 and December 31, 2023, respectively 24 23
Additional paid in-capital 254,302 252,100
Treasury stock at cost (96,330 and 254,342 shares of common stock at June 30, 2024, and December 31, 2023, respectively) (1,917) (5,620)
Accumulated other comprehensive loss (2,894) (2,329)
Retained earnings 14,271 20,167
Total stockholders’ equity 263,786 264,341
Total liabilities and stockholders’ equity $ 300,402 $ 304,085