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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities:      
Net income (loss) $ 1,915 $ (923) $ 726
Adjustments to reconcile net income (loss) to net cash used in operating activities:      
Depreciation 286 123 87
Share-based compensation and RSUs 2,471 1,409 579
Change in:      
Severance pay, net 4 73 (7)
Trade receivables, net (329) 1,053 61
Other account receivables and prepaid expenses 524 (1,266) 800
Inventories 794 311 1,379
Trade payables 1,273 (278) (705)
Employees and payroll accruals 999 174 276
Other accounts payable and accrued expenses 266 531 584
Deferred revenue and advances from customers 1,248 677 (394)
Net cash provided by operating activities 9,451 1,884 3,386
Cash flows from investing activities:      
Maturity of restricted bank deposits 1,477
Purchase of property and equipment (1,331) (97) (65)
Net cash provided by (used in) investing activities (1,331) (97) 1,412
Cash flows from financing activities:      
Repayment of short-term bank credit, net (629)
Proceeds from issuance of Ordinary Shares, net of issuance costs upon follow-on public offering 21,279
Exercise of warrants into Ordinary Shares 1,085 80 21
Exercise of options into Ordinary Shares 3,329 733 1,694
Net cash provided by financing activities 25,693 813 1,086
Foreign currency translation adjustments on cash and cash equivalents 346 (721) (221)
Increase in cash and cash equivalents 34,159 1,879 5,663
Cash and cash equivalents at beginning of year 8,727 6,848 1,185
Cash and cash equivalents at end of year 42,886 8,727 6,848
(a) Non-cash investing activities:      
Purchase of property and equipment 81 21 4
(b) Cash paid during the year for:      
Interest 13
Taxes on income $ 24 $ 121 $ 180