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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
CURRENT ASSETS:    
Cash and cash equivalents $ 42,886 $ 8,727
Restricted bank deposit 32 32
Trade receivables (net of allowances for doubtful accounts amounted to $9 and $0 as of December 31, 2016, and 2015, respectively) 4,388 3,684
Inventories 623 1,532
Other accounts receivable and prepaid expenses 1,960 2,087
Total current assets 49,889 16,062
SEVERANCE PAY FUND 2,788 3,181
OTHER LONG -TERM RECEIVABLES 375 508
PROPERTY AND EQUIPMENT, NET 1,516 384
Total assets 54,568 20,135
CURRENT LIABILITIES:    
Trade payables 2,820 1,465
Employees and payroll accruals 3,541 2,533
Deferred revenues and advances from customers 2,593 931
Other accounts payable and accrued expenses 2,081 1,490
Total current liabilities 11,035 6,419
NON- CURRENT LIABILITIES:    
Deferred revenues 123 197
Accrued severance pay 3,267 3,656
Total non-current liabilities 3,390 3,853
Total liabilities 14,425 10,272
COMMITMENTS AND CONTINGENCIES  
SHAREHOLDERS' EQUITY:    
Share capital: Ordinary Shares of NIS 0.20 par value: Authorized: 20,000,000 shares at December 31, 2016 and 2015; 11,622,260 and 8,674,717 shares issued and 11,586,228 and 8,638,685 shares outstanding at December 31, 2016 and 2015, respectively 523 372
Additional paid-in capital 98,283 70,270
Accumulated other comprehensive loss (2,559) (2,760)
Accumulated deficit (56,104) (58,019)
Total shareholders' equity 40,143 9,863
Total liabilities and shareholders' equity $ 54,568 $ 20,135