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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
CURRENT ASSETS:    
Cash and cash equivalents $ 11,260 $ 61,988
Short-term bank deposits 47,367
Trade receivables (net of allowances for doubtful accounts amounted to $19 as of June 30, 2019 and December 31, 2018) 21,957 20,381
Inventories 702 251
Other accounts receivable and prepaid expenses 1,564 1,766
Total current assets 82,850 84,386
NON- CURRENT ASSETS:    
Severance pay fund 3,199 2,967
Other long-term receivables 2,391 346
Property and equipment, net 1,738 1,832
Operating lease right-of-use assets 6,147
Total non-current assets 13,475 5,145
Total assets 96,325 89,531
CURRENT LIABILITIES:    
Trade payables 1,765 1,559
Employees and payroll accruals 3,559 3,420
Deferred revenues and advances from customers 888 266
Operating lease liabilities 1,176
Other liabilities and accrued expenses 3,228 2,281
Total current liabilities 10,616 7,526
NON-CURRENT LIABILITIES:    
Deferred revenues 206 100
Accrued severance pay 3,762 3,425
Operating lease liabilities 5,236
Other liabilities and accrued expenses 1,150
Total non-current liabilities 10,354 3,525
Total liabilities 20,970 11,051
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS' EQUITY:    
Share capital: Ordinary Shares of NIS 0.20 par value: Authorized: 20,000,000 shares at June 30, 2019 and December 31, 2018; 13,773,503 and 13,735,759 shares issued and 13,737,471 and 13,699,727 shares outstanding at June 30, 2019 and December 31, 2018, respectively 645 643
Additional paid-in capital 136,702 135,730
Accumulated other comprehensive loss (2,631) (2,612)
Accumulated deficit (59,361) (55,281)
Total shareholders' equity 75,355 78,480
Total liabilities and shareholders' equity $ 96,325 $ 89,531