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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
CURRENT ASSETS:    
Cash and cash equivalents $ 12,295 $ 11,717
Restricted deposits 1,050 1,480
Short-term bank deposits 68,765 60,720
Available-for-sale marketable securities 4,293 11,531
Trade receivables, net (net of allowance for credit losses of $ 2,908 and $ 2,398 on December 31, 2022 and 2021, respectively) 44,167 30,829
Other receivables and prepaid expenses 7,985 8,490
Inventories 13,262 11,092
Total current assets 151,817 135,859
NON-CURRENT ASSETS:    
Long-term bank deposits 0 215
Severance pay fund 371 407
Operating lease right-of-use assets 5,387 8,513
Trade receivables, net 4,934 6,643
Other assets 864 1,639
Property and equipment, net 14,236 15,000
Intangible assets, net 3,511 3,455
Goodwill 31,833 31,683
Total non-current assets 61,136 67,555
Total assets 212,953 203,414
CURRENT LIABILITIES:    
Trade payables 11,661 3,940
Employees and payroll accruals 14,149 14,636
Deferred revenues 20,825 22,138
Short-term operating lease liabilities 2,542 2,785
Other payables and accrued expenses 11,424 11,614
Total current liabilities 60,601 55,113
LONG-TERM LIABILITIES:    
Deferred revenues 7,285 15,942
Long-term operating lease liabilities 2,579 5,467
Accrued severance pay 940 884
Convertible debt 39,575 0
Total long-term liabilities 50,379 22,293
SHAREHOLDERS' EQUITY:    
Ordinary shares of NIS 0.1 par value - Authorized: 200,000,000 shares at December 31, 2022 and 2021; Issued: 38,186,043 and 37,307,480 shares at December 31, 2022 and 2021, respectively; Outstanding: 37,370,043 and 36,491,480 shares at December 31, 2022 and 2021, respectively 954 929
Additional paid-in capital 303,298 293,803
Treasury share at cost - 816,000 shares at December 31, 2022 and 2021. (3,998) (3,998)
Accumulated other comprehensive income (1,254) 271
Accumulated deficit (197,027) (164,997)
Total shareholders' equity 101,973 126,008
Total liabilities and shareholders' equity $ 212,953 $ 203,414