XML 44 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
CURRENT ASSETS:    
Cash and cash equivalents $ 8,100us-gaap_CashAndCashEquivalentsAtCarryingValue $ 8,212us-gaap_CashAndCashEquivalentsAtCarryingValue
Short term bank deposits 4,551us-gaap_OtherShortTermInvestments 8,266us-gaap_OtherShortTermInvestments
Marketable securities 5,038us-gaap_MarketableSecurities 2,836us-gaap_MarketableSecurities
Accounts receivable, net:    
Trade 2,595us-gaap_AccountsReceivableNetCurrent 1,241us-gaap_AccountsReceivableNetCurrent
Other 234us-gaap_NontradeReceivablesCurrent 165us-gaap_NontradeReceivablesCurrent
Prepaid expenses 384us-gaap_PrepaidExpenseCurrent 221us-gaap_PrepaidExpenseCurrent
Deferred cost of revenues 21us-gaap_DeferredCostsCurrent 63us-gaap_DeferredCostsCurrent
Deferred taxes 175us-gaap_DeferredTaxAssetsNetCurrent 256us-gaap_DeferredTaxAssetsNetCurrent
Inventory 10us-gaap_InventoryNet 10us-gaap_InventoryNet
Total current assets 21,108us-gaap_AssetsCurrent 21,270us-gaap_AssetsCurrent
INVESTMENTS AND OTHER NON CURRENT ASSETS:    
Marketable securities - available-for-sale 1,574us-gaap_AvailableForSaleSecuritiesDebtSecuritiesNoncurrent [1] 517us-gaap_AvailableForSaleSecuritiesDebtSecuritiesNoncurrent [1]
Severance pay fund 1,597mndo_SeverancePayFund 1,673mndo_SeverancePayFund
Deferred cost of revenues 0us-gaap_DeferredCosts 44us-gaap_DeferredCosts
Deferred income taxes 20us-gaap_DeferredTaxAssetsNetNoncurrent 40us-gaap_DeferredTaxAssetsNetNoncurrent
PROPERTY AND EQUIPMENT, net of accumulated depreciation and amortization 618us-gaap_PropertyPlantAndEquipmentNet 650us-gaap_PropertyPlantAndEquipmentNet
GOODWILL 5,430us-gaap_Goodwill 5,430us-gaap_Goodwill
Total assets 30,347us-gaap_Assets 29,624us-gaap_Assets
Accounts payable and accruals:    
Trade 138us-gaap_AccountsPayableTradeCurrent 525us-gaap_AccountsPayableTradeCurrent
Other 2,306us-gaap_AccountsPayableOtherCurrent 1,153us-gaap_AccountsPayableOtherCurrent
Deferred revenues 3,671us-gaap_DeferredRevenueCurrent 4,796us-gaap_DeferredRevenueCurrent
Total current liabilities 6,115us-gaap_LiabilitiesCurrent 6,474us-gaap_LiabilitiesCurrent
LONG TERM LIABILITIES:    
Deferred revenues 134us-gaap_DeferredRevenueNoncurrent 357us-gaap_DeferredRevenueNoncurrent
Employees' rights upon retirement 1,687us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent 1,804us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
Total liabilities 7,936us-gaap_Liabilities 8,635us-gaap_Liabilities
SHAREHOLDERS’ EQUITY:    
Share capital 54us-gaap_CommonStockValue 54us-gaap_CommonStockValue
Additional paid-in capital 25,724us-gaap_AdditionalPaidInCapitalCommonStock 30,196us-gaap_AdditionalPaidInCapitalCommonStock
Accumulated other comprehensive income (loss) (63)us-gaap_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax 31us-gaap_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
Differences from translation of foreign currency financial statements of a subsidiary (877)us-gaap_AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax (958)us-gaap_AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
Treasury shares (1,863)us-gaap_TreasuryStockValue (2,287)us-gaap_TreasuryStockValue
Accumulated deficit (564)us-gaap_RetainedEarningsAccumulatedDeficit (6,047)us-gaap_RetainedEarningsAccumulatedDeficit
Total shareholders’ equity 22,411us-gaap_StockholdersEquity 20,989us-gaap_StockholdersEquity
Total liabilities and shareholders’ equity $ 30,347us-gaap_LiabilitiesAndStockholdersEquity $ 29,624us-gaap_LiabilitiesAndStockholdersEquity
[1] As of December 31, 2014 the Company held a long term security bond which is classified as available for sale security and is presented on its fair value. The fair value of the available for sale securities based on quoted prices in active markets for identical instruments (Level 1 as defined under ASC820).