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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
CURRENT ASSETS:    
Cash and cash equivalents $ 36,164 $ 42,886
Restricted bank deposit 36 32
Trade receivables (net of allowances for doubtful accounts amounted to $9 as of June 30, 2017 and December 31, 2016) 10,674 4,388
Inventories 468 623
Other account receivables and prepaid expenses 1,429 1,960
Total current assets 48,771 49,889
SEVERANCE PAY FUND 3,077 2,788
OTHER LONG-TERM RECEIVABLES 361 375
PROPERTY AND EQUIPMENT, NET 1,697 1,516
Total assets 53,906 54,568
CURRENT LIABILITIES:    
Trade payables 2,008 2,820
Employees and payroll accruals 3,515 3,541
Deferred revenues and advances from customers 805 2,593
Other accounts payable and accrued expenses 2,357 2,081
Total current liabilities 8,685 11,035
NON-CURRENT LIABILITIES:    
Deferred revenues 127 123
Accrued severance pay 3,608 3,267
Total non-current liabilities 3,735 3,390
Total liabilities 12,420 14,425
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS' EQUITY    
Share capital: Ordinary Shares of NIS 0.20 par value: Authorized: 20,000,000 shares at June 30, 2017 and December 31, 2016; 11,725,421 and 11,622,260 shares issued and 11,689,389 and 11,586,228 shares outstanding at June 30, 2017 and December 31, 2016, respectively 530 523
Additional paid-in capital 100,163 98,283
Accumulated other comprehensive loss (2,563) (2,559)
Accumulated deficit (56,644) (56,104)
Total shareholders' equity 41,486 40,143
Total liabilities and shareholders' equity $ 53,906 $ 54,568