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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 19,243 $ 10,892
Short-term bank deposits 75,429 71,273
Trade receivables, net 19,038 13,412
Inventories 1,667 246
Other accounts receivable and prepaid expenses 1,819 1,592
Total current assets 117,196 97,415
NON- CURRENT ASSETS:    
Severance pay fund 2,985 3,142
Other long-term assets 3,484 1,573
Property and equipment, net 879 798
Operating lease right-of-use assets 3,421 1,651
Goodwill 1,243 1,243
Intangible assets, net 1,366 1,707
Total non-current assets 13,378 10,114
Total assets 130,574 107,529
CURRENT LIABILITIES:    
Trade payables 2,457 2,640
Employees and payroll accruals 7,175 5,400
Deferred revenues and advances from customers 6,848 1,469
Current maturities of lease liabilities 966 1,062
Other liabilities and accrued expenses 10,463 9,540
Total current liabilities 27,909 20,111
NON-CURRENT LIABILITIES:    
Accrued severance pay 3,868 3,728
Operating lease liabilities 2,438 561
Other liabilities and accrued expenses 683 638
Total non-current liabilities 6,989 4,927
Total liabilities 34,898 25,038
COMMITMENTS AND CONTINGENCIES
Share capital:    
Ordinary Shares of NIS 0.20 par value: Authorized: 20,000,000 shares at December 31, 2024 and 2023; 15,951,648 and 15,343,764 shares issued and 15,915,616 and 15,307,732 shares outstanding at December 31, 2024 and 2023, respectively 769 736
Additional paid-in capital 160,761 154,697
Accumulated other comprehensive loss (2,910) (3,030)
Accumulated deficit (62,944) (69,912)
Total shareholders’ equity 95,676 82,491
Total liabilities and shareholders’ equity $ 130,574 $ 107,529