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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:      
Net loss $ (15,040) $ (9,348) $ (8,659)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:      
Depreciation and amortization 5,575 4,312 4,359
Share-based compensation 8,000 5,198 3,420
Capital loss 0 18 0
Increase (decrease) in accrued severance pay, net (58) 128 (54)
Decrease (increase) in other assets 1,006 (2,048) (326)
Decrease in accrued interest and amortization of premium on available-for sale marketable securities 182 357 343
Decrease (increase) in operating lease right-of-use asset (4,055) 1,910 (6,368)
Increase (decrease) in operating leases liability 3,604 (2,323) 6,971
Decrease (increase) in trade receivables (16,787) 8,323 (2,915)
Decrease (increase) in other receivables and prepaid expenses 4,902 (7,272) (3,168)
Decrease (increase) in inventories 1,494 (1,918) (253)
Decrease (increase) in long-term deferred taxes, net 420 96 (236)
Increase (decrease) in trade payables 1,848 (9,584) 3,863
Increase in employees and payroll accruals 458 2,047 4,635
Increase (decrease) in deferred revenues 1,640 (5,182) 23,520
Increase (decrease) in other payables and accrued expenses (1,559) 3,061 (9,040)
Net cash provided by (used in) operating activities (8,370) (12,225) 16,092
Cash flows from investing activities:      
Decrease (increase) in restricted deposits (280) 32,896 (33,374)
Redemption of (Investment in) short-term deposits (13,495) (41,883) 16,986
Purchase of property and equipment (7,642) (7,582) (3,708)
Investment in available-for sale marketable securities 0 (1,219) (39,950)
Proceeds from sales and maturity of available-for sale marketable securities 15,094 34,847 43,555
Net cash provided by (used in) investing activities (6,323) 17,059 (16,491)
Cash flows from financing activities:      
Proceeds from exercise of share options 2,811 1,835 993
Net cash provided by financing activities 2,811 1,835 993
Increase (decrease) in cash and cash equivalents (11,882) 6,669 594
Cash and cash equivalents at the beginning of the year 23,599 16,930 16,336
Cash and cash equivalents at the end of the year 11,717 23,599 16,930
Cash paid during the year for:      
Taxes 633 410 473
Non-cash activity:      
Right-of-use assets obtained in the exchange for operating lease liabilities $ 6,746 $ 1,080 $ 1,208