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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
CURRENT ASSETS:    
Cash and cash equivalents $ 22,575 $ 42,886
Restricted bank deposit 36 32
Short-term bank deposit 40,000
Trade receivables (net of allowances for doubtful accounts amounted to $9 as of December 31, 2017, and 2016) 20,266 4,388
Inventories 1,199 623
Other accounts receivable and prepaid expenses 2,685 1,960
Total current assets 86,761 49,889
SEVERANCE PAY FUND 3,052 2,788
OTHER LONG -TERM RECEIVABLES 172 375
PROPERTY AND EQUIPMENT, NET 1,924 1,516
Total assets 91,909 54,568
CURRENT LIABILITIES:    
Trade payables 1,828 2,820
Employees and payroll accruals 4,062 3,541
Deferred revenues and advances from customers 2,601 2,593
Other accounts payable and accrued expenses 3,428 2,081
Total current liabilities 11,919 11,035
NON- CURRENT LIABILITIES:    
Deferred revenues 21 123
Accrued severance pay 3,573 3,267
Total non-current liabilities 3,594 3,390
Total liabilities 15,513 14,425
COMMITMENTS AND CONTINGENCIES  
SHAREHOLDERS' EQUITY:    
Share capital: Ordinary Shares of NIS 0.20 par value: Authorized: 20,000,000 shares at December 31, 2017 and 2016; 13,446,007 and 11,622,260 shares issued and 13,409,975 and 11,586,228 shares outstanding at December 31, 2017 and 2016, respectively 628 523
Additional paid-in capital 131,491 98,283
Accumulated other comprehensive loss (2,520) (2,559)
Accumulated deficit (53,203) (56,104)
Total shareholders' equity 76,396 40,143
Total liabilities and shareholders' equity $ 91,909 $ 54,568