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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
CURRENT ASSETS:    
Cash and cash equivalents $ 61,988 $ 22,575
Restricted bank deposit 36
Short-term bank deposit 40,000
Trade receivables (net of allowances for doubtful accounts amounted to $19 and $9 as of December 31, 2018, and 2017, respectively) 20,381 20,266
Inventories 251 1,199
Other accounts receivable and prepaid expenses 1,766 2,685
Total current assets 84,386 86,761
SEVERANCE PAY FUND 2,967 3,052
OTHER LONG - TERM RECEIVABLES 346 172
PROPERTY AND EQUIPMENT, NET 1,832 1,924
Total assets 89,531 91,909
CURRENT LIABILITIES:    
Trade payables 1,559 1,828
Employees and payroll accruals 3,420 4,062
Deferred revenues and advances from customers 266 2,601
Other accounts payable and accrued expenses 2,281 3,428
Total current liabilities 7,526 11,919
NON-CURRENT LIABILITIES:    
Deferred revenues 100 21
Accrued severance pay 3,425 3,573
Total non-current liabilities 3,525 3,594
Total liabilities 11,051 15,513
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS' EQUITY:    
Share capital: Ordinary Shares of NIS 0.20 par value: Authorized: 20,000,000 shares at December 31, 2018 and 2017; 13,735,759 and 13,446,007 shares issued and 13,699,727 and 13,409,975 shares outstanding at December 31, 2018 and 2017, respectively 643 628
Additional paid-in capital 135,730 131,491
Accumulated other comprehensive loss (2,612) (2,520)
Accumulated deficit (55,281) (53,203)
Total shareholders' equity 78,480 76,396
Total liabilities and shareholders' equity $ 89,531 $ 91,909