NOTE 10 - SELECTED STATEMENT OF OPERATIONS DATA

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 7		2 0 1 6		2 0 1 5
	U.S. dollars in thousands

Product line “A”	$	14,722	$	14,544	$	16,567
Product line “B”		3,340		3,508		4,361
	$	18,062	$	18,052	$	20,928

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

	Years ended December 31,
	2 0 1 7		2 0 1 6		2 0 1 5
	U.S. dollars in thousands

United States	$	12,995	$	12,711	$	11,292
United Kingdom		457		589		904
Rest of Europe		2,724		2,744		5,793
Israel		977		880		1,417
Other		909		1,128		1,522
	$	18,062	$	18,052	$	20,928

Property and equipment - by geographical location:

	December 31,
	2 0 1 7		2 0 1 6
	U.S. dollars in
	thousands

Israel	$	85	$	119
Romania		116		378
United States		1		1
	$	202	$	498

Research and development expenses:

	Years ended December 31,
	2 0 1 7		2 0 1 6		2 0 1 5
	U.S. dollars in thousands

Payroll and related expenses	$	2,788	$	2,682	$	2,148
Rent and related expenses		280		330		321
Depreciation and amortization		37		53		72
Subcontracting		165		307		202
Other		147		145		200
	$	3,417	$	3,517	$	2,943

Selling and marketing expenses:

	Years ended December 31,
	2 0 1 7		2 0 1 6		2 0 1 5
	U.S. dollars in thousands

Payroll and related expenses	$	953	$	911	$	949
Depreciation and amortization		5		5		4
Travel and conventions		58		71		123
Other		234		118		97
	$	1,250	$	1,105	$	1,173

General and administrative expenses:

	Years ended December 31,
	2 0 1 7		2 0 1 6			2 0 1 5
	U.S. dollars in thousands

Payroll and related expenses	$	1,105	$	1,039		$	923
Depreciation and amortization		16		18			19
Insurance		42		50			55
Office expenses		58		69			68
Professional services		326		242			276
Allowance for doubtful accounts and bad debts		-		(245	)		245
Other		129		220			180
	$	1,676	$	1,393		$	1,766

Financial income (expense) - net:

	Years ended December 31,
	2 0 1 7			2 0 1 6			2 0 1 5
	U.S. dollars in thousands
Income:
Interest on bank deposits and short-term investments	$	75		$	49		$	54
Non-dollar currency gains - net		419			69			-
Income from marketable securities		136			143			102
Realized gain from sale of available-for-sale securities					-			-
Interest on available for sale securities		42			58			59
		672			319			215
Expenses:
Non-dollar currency losses - net		(4	)		(56	)		(315	)
Realized loss from sale of available-for-sale securities		(24	)		(84	)		-
Bank commissions and charges		(14	)		(13	)		(14	)
		(42	)		(153	)		(329	)

	$	630		$	166		$	(114	)

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 7		2 0 1 6		2 0 1 5
	U.S. dollars in thousands

Weighted average number of shares issued and outstanding - used in computation of basic EPS		19,292		19,234		19,183
Add - incremental shares from assumed exercise of options		267		73		100

Weighted average number of shares used in computation of diluted EPS		19,559		19,307		19,283

In the years ended December 31, 2017, 2016 and 2015, 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 354,000 options, 489,500 options and 708,000 options, for the years ended December 31, 2017, 2016 and 2015 respectively.