NOTE 10 - SELECTED STATEMENT OF OPERATIONS DATA

a. Revenues:

The Company's revenues derive from sale of software products in one operating segment. The Company has two product lines: (i) product line “A” - billing and customer care solutions for service providers; and (ii) product line “B” - call accounting and call management solutions for enterprises. Revenues from Sentori and Omni product lines are included in product line “A”.

The following table sets forth the revenues classified by product lines:

	Years ended December 31,
	2 0 1 6		2 0 1 5		2 0 1 4
	U.S. dollars in thousands

Product line “A”	$	14,544	$	16,567	$	20,990
Product line “B”		3,508		4,361		4,030
	$	18,052	$	20,928	$	25,020

The following table sets forth the geographical revenues classified by geographical location of the customers:

	Years ended December 31,
	2 0 1 6		2 0 1 5		2 0 1 4
	U.S. dollars in thousands

United States	$	12,711	$	11,292	$	14,411
United Kingdom		589		904		763
Rest of Europe		2,744		5,793		6,402
Israel		880		1,417		2,256
Other		1,128		1,522		1,188
	$	18,052	$	20,928	$	25,020

Property and equipment - by geographical location:

	December 31,
	2 0 1 6		2 0 1 5
	U.S. dollars in
	thousands

Israel	$	119	$	182
Romania		378		407
United States		1		2
	$	498	$	591

b. Research and development expenses:

	Years ended December 31,
	2 0 1 6		2 0 1 5		2 0 1 4
	U.S. dollars in thousands

Payroll and related expenses	$	2,682	$	2,148	$	3,614
Rent and related expenses		330		321		367
Depreciation and amortization		53		72		114
Subcontracting		307		202		189
Other		145		200		255
	$	3,517	$	2,943	$	4,539

c. Selling and marketing expenses:

	Years ended December 31,
	2 0 1 6		2 0 1 5		2 0 1 4
	U.S. dollars in thousands

Payroll and related expenses	$	911	$	949	$	963
Depreciation and amortization		5		4		3
Travel and conventions		71		123		79
Other		118		97		95
	$	1,105	$	1,173	$	1,140

d. General and administrative expenses:

	Years ended December 31,
	2 0 1 6			2 0 1 5		2 0 1 4
	U.S. dollars in thousands

Payroll and related expenses	$	1,039		$	923	$	1,298
Depreciation and amortization		18			19		17
Insurance		50			55		65
Office expenses		69			68		99
Professional services		242			276		269
Allowance for doubtful accounts and bad debts		(245	)		245		-
Other		220			180		186
	$	1,393		$	1,766	$	1,934

Financial income (expense) - net:

	Years ended December 31,
	2 0 1 6			2 0 1 5			2 0 1 4
	U.S. dollars in thousands
Income:
Interest on bank deposits and short-term investments	$	49		$	54		$	151
Non-dollar currency gains - net		69			-			-
Income from marketable securities		143			102			148
Realized gain from sale of available-for-sale securities		-			-			38
Interest on available for sale securities		58			59			33
		319			215			370
Expenses:
Non-dollar currency losses - net		(56	)		(315	)		(663	)
Realized loss from sale of available-for-sale securities		(84	)		-			-
Bank commissions and charges		(13	)		(14	)		(13	)
		(153	)		(329	)		(676	)

	$	166		$	(114	)	$	(306	)

Earnings per ordinary share (“EPS”):

The following table sets forth the computation of the Company’s basic and diluted net loss per share of common stock:

	Years ended December 31,
	2 0 1 6		2 0 1 5		2 0 1 4
	U.S. dollars in thousands

Weighted average number of shares issued and outstanding - used in computation of basic EPS		19,234		19,183		18,949
Add - incremental shares from assumed exercise of options		73		100		83

Weighted average number of shares used in computation of diluted EPS		19,307		19,283		19,032

In the years ended December 31, 2016, 2015 and 2014, options that their effect was anti-dilutive, were not taken into account in computing the diluted EPS.

The number of options that could potentially dilute EPS in the future and were not included in the computation of diluted EPS is 489,500 options, 708,000 options and 636,000 options, for the years ended December 31, 2016, 2015 and 2014 respectively.