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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
CURRENT ASSETS:    
Cash and cash equivalents $ 31,438 $ 22,575
Restricted bank deposit 36
Short-term bank deposit 40,000 40,000
Trade receivables (net of allowances for doubtful accounts amounted to $24 and $9 as of June 30, 2018 and December 31, 2017, respectively) 14,393 20,266
Inventories 119 1,199
Other accounts receivable and prepaid expenses 2,635 2,685
Total current assets 88,585 86,761
SEVERANCE PAY FUND 3,009 3,052
OTHER LONG - TERM RECEIVABLES 312 172
PROPERTY AND EQUIPMENT, NET 1,917 1,924
Total assets 93,823 91,909
CURRENT LIABILITIES:    
Trade payables 1,879 1,828
Employees and payroll accruals 4,052 4,062
Deferred revenues and advances from customers 1,021 2,601
Other accounts payable and accrued expenses 2,275 3,428
Total current liabilities 9,227 11,919
NON- CURRENT LIABILITIES:    
Deferred revenues 100 21
Accrued severance pay 3,513 3,573
Total non-current liabilities 3,613 3,594
Total liabilities 12,840 15,513
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS' EQUITY:    
Share capital: Ordinary Shares of NIS 0.20 par value: Authorized: 20,000,000 shares at June 30, 2018 and December 31, 2017; 13,677,357 and 13,446,007 shares issued and 13,641,325 and 13,409,975 shares outstanding at June 30, 2018 and December 31, 2017, respectively 640 628
Additional paid-in capital 134,734 131,491
Accumulated other comprehensive loss (2,604) (2,520)
Accumulated deficit (51,787) (53,203)
Total shareholders' equity 80,983 76,396
Total liabilities and shareholders' equity $ 93,823 $ 91,909