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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
CURRENT ASSETS:    
Cash and cash equivalents $ 25,527 $ 8,727
Restricted bank deposits 32 32
Trade receivables 2,674 3,684
Inventory 1,411 1,532
Other account receivables and prepaid expenses 2,043 2,087
Total current assets 31,687 16,062
SEVERANCE PAY FUND 3,341 3,181
OTHER LONG-TERM RECEIVABLES 589 508
PROPERTY AND EQUIPMENT, NET 616 384
Total assets 36,233 20,135
CURRENT LIABILITIES:    
Trade Payables 1,223 1,465
Employees and payroll accruals 3,034 2,533
Deferred revenues and advances from customers 13,935 931
Other accounts payable and accrued expenses 1,501 1,490
Total current liabilities 19,693 6,419
NON-CURRENT LIABILITIES:    
Deferred revenues and advances from customers 72 197
Accrued severance pay 4,001 3,656
Total long-term liabilities 4,073 3,853
Total liabilities 23,766 10,272
SHAREHOLDERS' EQUITY    
Share capital: Ordinary shares of NIS 0.20 par value: Authorized: 20,000,000 shares at March 31, 2016 and December 31, 2015; 8,781,478 and 8,674,717 shares issued and 8,745,446 and 8,638,685 shares outstanding at March 31, 2016 and December 31, 2015, respectively 377 372
Additional paid-in capital 71,451 $ 70,270
Receipts on account of shares 417
Accumulated other comprehensive loss (2,662) $ (2,760)
Accumulated deficit (57,116) (58,019)
Total shareholders' equity 12,467 9,863
Total liabilities and shareholders' equity $ 36,233 $ 20,135