XML 18 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Revenues:      
Products and related services $ 7,457 $ 8,642 $ 15,500
Projects 26,179 17,534 622
Warranty and support 3,597 3,334 2,551
Total revenues 37,233 29,510 18,673
Cost of revenues:      
Products and related services 4,680 5,603 3,924
Projects 5,321 2,902 117
Warranty and support 487 477 285
Total cost of revenues 10,488 8,982 4,326
Gross profit 26,745 20,528 14,347
Operating expenses:      
Research and development 10,562 8,047 6,071
Less - royalty-bearing participation 1,599 1,693 1,582
Research and development, net 8,963 6,354 4,489
Sales and marketing, net 10,996 8,528 7,834
General and administrative 4,191 4,523 2,393
Total operating expenses 24,150 19,405 14,716
Operating income (loss) 2,595 1,123 (369)
Financial income (expenses), net 389 816 (433)
Income (loss) before income taxes 2,984 1,939 (802)
Taxes on income (83) (24) (121)
Net income (loss) $ 2,901 $ 1,915 $ (923)
Basic net income (loss) per Ordinary Share $ 0.24 $ 0.18 $ (0.11)
Diluted net income (loss) per Ordinary Share $ 0.23 $ 0.18 $ (0.11)
Weighted average number of Ordinary Share used in computing basic net income (loss) per Ordinary Share 12,039,176 10,406,897 8,572,681
Weighted average number of Ordinary Share used in computing diluted net income (loss) per Ordinary Share 12,351,566 10,779,547 8,572,681