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Condensed Interim Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
CURRENT ASSETS:    
Cash and cash equivalents $ 1,931 $ 1,763
Restricted bank deposits 144 130
Trade receivables (net of allowance for doubtful accounts of $148 and $82 at June 30, 2023 and December 31 2022, respectively) 11,011 10,834
Other accounts receivable and prepaid expenses 1,167 1,414
Inventories 7,667 6,433
Total current assets 21,920 20,574
NON-CURRENT ASSETS:    
Long-term assets 244 260
Property and equipment, net 3,341 3,270
Operating lease right-of-use assets, net 955 1,110
Intangible assets, net 1,174 486
Goodwill 4,895 4,895
Total non-current assets 10,609 10,021
Total assets 32,529 30,595
CURRENT LIABILITIES:    
Current maturities of non-current loans 391 586
Operating lease liabilities, current 235 301
Trade payables 7,801 7,984
Employees and payroll accruals 980 1,016
Deferred revenues 1,550 542
Advances net of inventory in progress 79 47
Accrued expenses and other liabilities 812 719
Total current liabilities 11,848 11,195
NON-CURRENT LIABILITIES:    
Loans, net of current maturities 1,209 1,294
Operating lease liabilities, non-current 674 827
Deferred revenues 401 241
Accrued severance pay 363 404
Total non-current liabilities 2,647 2,766
COMMITMENTS AND CONTINGENT LIABILITIES
SHAREHOLDERS’ EQUITY:    
Ordinary shares: Authorized; 11,000,000 shares at June 30, 2023 and December 31, 2022; Issued and outstanding: 5,740,518 and 5,701,518 shares at June 30, 2023 and December 31, 2022, respectively 84,915 84,830
Additional paid-in capital 1,228 1,179
Accumulated other comprehensive loss (243) (243)
Accumulated deficit (67,866) (69,132)
Total equity 18,034 16,634
Total liabilities and shareholders’ equity $ 32,529 $ 30,595