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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
CURRENT ASSETS:    
Cash and cash equivalents $ 14,192 $ 12,295
Restricted deposits 1,728 1,050
Short-term bank deposits 10,000 68,765
Available-for-sale marketable securities 28,853 4,293
Trade receivables, net (net of allowance for credit losses of $ 25,253 and $ 2,908 on December 31, 2023 and 2022, respectively) 14,828 44,167
Other receivables and prepaid expenses 8,437 7,985
Inventories 11,874 13,262
Total current assets 89,912 151,817
NON-CURRENT ASSETS:    
Severance pay fund 395 371
Restricted deposit 158 0
Operating lease right-of-use assets 3,057 5,387
Trade receivables, net 0 4,934
Other assets 704 864
Property and equipment, net 11,189 14,236
Intangible assets, net 915 3,511
Goodwill 31,833 31,833
Total non-current assets 48,251 61,136
Total assets 138,163 212,953
CURRENT LIABILITIES:    
Trade payables 969 11,661
Employees and payroll accruals 12,566 14,149
Deferred revenues 14,892 20,825
Short-term operating lease liabilities 1,453 2,542
Other payables and accrued expenses 9,528 11,424
Total current liabilities 39,408 60,601
LONG-TERM LIABILITIES:    
Deferred revenues 7,437 7,285
Long-term operating lease liabilities 702 2,579
Accrued severance pay 1,080 940
Convertible debt 39,773 39,575
Total long-term liabilities 48,992 50,379
SHAREHOLDERS' EQUITY:    
Ordinary shares of NIS 0.1 par value - Authorized: 200,000,000 shares at December 31, 2023and 2022; Issued: 39,192,939 and 38,186,043 shares at December 31, 2023 and 2022,respectively; Outstanding: 38,376,939 and 37,370,043 shares at December 31, 2023and 2022, respectively 981 954
Additional paid-in capital 312,128 303,298
Treasury share at cost - 816,000 shares at December 31, 2023 and 2022. (3,998) (3,998)
Accumulated other comprehensive income 483 (1,254)
Accumulated deficit (259,831) (197,027)
Total shareholders' equity 49,763 101,973
Total liabilities and shareholders' equity $ 138,163 $ 212,953