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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash flows from operating activities:    
Net income $ 2,650 $ 640
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation 106 44
Share-based compensation and RSUs 687 786
Change in:    
Severance pay, net 161 71
Trade receivables, net 3,106 1,798
Other account receivables and prepaid expenses (672) (448)
Inventories (558) 980
Trade payables 304 (1,101)
Employees and payroll accrued 1,082 (248)
Other accounts payable and accrued expenses (121) 107
Deferred revenue and advances from customers 6,656 335
Net cash provided by operating activities 13,401 2,964
Cash flows used in investing activities:    
Purchase of property and equipment (107) (56)
Net cash used in investing activities (107) (56)
Cash flows from financing activities:    
Proceeds from issuance of Ordinary Shares, net of issuance costs upon follow-on public offering 21,284
Exercise of options into Ordinary Shares 1,085 80
Exercise of warrants into Ordinary Shares 1,603 400
Net cash provided by financing activities 23,972 480
Foreign currency translation adjustments on cash and cash equivalents 475 (353)
Increase in cash and cash equivalents 37,741 3,035
Cash and cash equivalents at beginning of the period 8,727 6,848
Cash and cash equivalents at end of the period 46,468 9,883
Non-cash investing activities:    
Purchase of property and equipment 293 8
Cash paid during the period for:    
Taxes on income $ 6 $ 107