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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities:      
Net income (loss) $ 360 $ 334 $ (433)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:      
Depreciation and amortization 248 205 269
Gain from sale and disposal of property and equipment (14)
Currency fluctuation of deposits and loans 70 (16) (171)
Severance pay, net 39 29 (9)
Share-based compensation expense 124 130 302
Issuance of shares to service provider 23
Change in fair value of contingent consideration related to acquisition (178)
Decrease (increase) in trade receivables, net (857) (927) 1,993
Decrease (increase) in other accounts receivable and other assets (274) (235) 305
Decrease in inventories 189 340 875
Increase (decrease) in trade payables (70) 203 (1,764)
Increase (decrease) in employees and payroll accruals, deferred revenues, accrued expenses and other liabilities (21) 307 (283)
Net cash provided by (used in) operating activities (361) 370 1,084
Cash flows from investing activities:      
Purchase of property and equipment (139) (66) (60)
Proceeds from sale of property and equipment 15 28
Change in long-term bank deposits 10 275 (49)
Acquisition of business (154)
Change in loan granted related to acquisition of business (256)
Net cash used in investing activities (268) (47) (81)
Cash flows from financing activities:      
Proceeds from issuance of shares, net 1,260 760 1,725
Proceeds from exercise of options 30
Repayment of deferred consideration related to the Dimex acquisition (59) (130)
Proceeds from long term loan 3,680
Repayment of short and long-term loans (4,474) (1,127) (2,081)
Net cash provided by (used in) financing activities 496 (426) (486)
Increase (decrease) in cash and cash equivalents (133) (103) 517
Cash and cash equivalents at the beginning of the year 1,419 1,522 1,005
Cash and cash equivalents at the end of the year 1,286 1,419 1,522
(a) Net cash paid during the year for:      
Interest 190 207 351
Taxes 12 13 19
(a) Acquisition of iDnext Ltd. And Next-Line Ltd.:      
Fair value of net tangible assets acquired at acquisition date 80
Fair value of net intangible assets acquired at acquisition date 806
Less-amount acquired by converting loan into shares (256)
Less-Contingent consideration on account of acquisition (178)
Less-amount acquired by issuance of shares (298)
Net cash used to pay for Acquisition of iDnext Ltd. and Next-Line Ltd. $ 154