XML 33 R18.htm IDEA: XBRL DOCUMENT
v3.19.1

Selected Statement of Operations Data | 12 Months Ended
--- | ---
Dec. 31, 2018
Selected Statement of Operations Data [Abstract] |
SELECTED STATEMENT OF OPERATIONS DATA | NOTE 10 - SELECTED STATEMENT OF OPERATIONS DATA
| a. | Revenues:
| 1) | 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.
The following table sets forth the revenues classified by product lines:
|  | Years ended December 31, |
|  | 2 0 1 8 |  |  | 2 0 1 7 |  |  | 2 0 1 6 |
|  | U.S. dollars in thousands |
Product line “A” |  | $ | 14,923 |  |  | $ | 14,722 |  |  | $ | 14,544 |
Product line “B” |  |  | 3,212 |  |  |  | 3,340 |  |  |  | 3,508 |
|  | $ | 18,135 |  |  | $ | 18,062 |  |  | $ | 18,052 |
| 2) | The following table sets forth the geographical revenues classified by geographical location of the customers:
|  | Years ended December 31, |
|  | 2 0 1 8 |  |  | 2 0 1 7 |  |  | 2 0 1 6 |
|  | U.S. dollars in thousands |
United States |  | $ | 13,130 |  |  | $ | 12,995 |  |  | $ | 12,711 |
Europe |  |  | 3,328 |  |  |  | 3,181 |  |  |  | 3,333 |
Israel |  |  | 884 |  |  |  | 977 |  |  |  | 880 |
Other |  |  | 793 |  |  |  | 909 |  |  |  | 1,128 |
|  | $ | 18,135 |  |  | $ | 18,062 |  |  | $ | 18,052 |
| 3) | The Company adopted ASC 606 on January 1, 2018 using the modified retrospective approach for all contracts not completed as of the date of adoption. Under the previous pronouncement ASC 605, the total revenues for the year ended December 31, 2018 would have been $17,959 thousand.
| b. | Research and development expenses:
|  | Years ended December 31, |
|  | 2 0 1 8 |  |  | 2 0 1 7 |  |  | 2 0 1 6 |
|  | U.S. dollars in thousands |
Payroll and related expenses |  | $ | 3,136 |  |  | $ | 2,788 |  |  | $ | 2,682 |
Rent and related expenses |  |  | 335 |  |  |  | 280 |  |  |  | 330 |
Depreciation and amortization |  |  | 34 |  |  |  | 37 |  |  |  | 53 |
Subcontracting |  |  | 87 |  |  |  | 165 |  |  |  | 307 |
Other |  |  | 155 |  |  |  | 147 |  |  |  | 145 |
|  | $ | 3,747 |  |  | $ | 3,417 |  |  | $ | 3,517 |
| c. | Selling and marketing expenses:
|  | Years ended December 31, |
|  | 2 0 1 8 |  |  | 2 0 1 7 |  |  | 2 0 1 6 |
|  | U.S. dollars in thousands |
Payroll and related expenses |  | $ | 978 |  |  | $ | 953 |  |  | $ | 911 |
Depreciation and amortization |  |  | 6 |  |  |  | 5 |  |  |  | 5 |
Travel and conventions |  |  | 67 |  |  |  | 58 |  |  |  | 71 |
Other |  |  | 217 |  |  |  | 234 |  |  |  | 118 |
|  | $ | 1,268 |  |  | $ | 1,250 |  |  | $ | 1,105 |
| d. | General and administrative expenses:
|  | Years ended December 31, |
|  | 2 0 1 8 |  |  | 2 0 1 7 |  |  | 2 0 1 6 |
|  | U.S. dollars in thousands |
Payroll and related expenses |  | $ | 1,026 |  |  | $ | 1,105 |  |  | $ | 1,039 |
Depreciation and amortization |  |  | 15 |  |  |  | 16 |  |  |  | 18 |
Insurance |  |  | 36 |  |  |  | 42 |  |  |  | 50 |
Office expenses |  |  | 53 |  |  |  | 58 |  |  |  | 69 |
Professional services |  |  | 333 |  |  |  | 326 |  |  |  | 242 |
Allowance for doubtful accounts and bad debts |  |  | - |  |  |  | - |  |  |  | (245 | )
Other |  |  | 161 |  |  |  | 129 |  |  |  | 220 |
|  | $ | 1,624 |  |  | $ | 1,676 |  |  | $ | 1,393 |
| e. | Financial income (expense) - net:
|  | Years ended December 31, |
|  | 2 0 1 8 |  |  | 2 0 1 7 |  |  | 2 0 1 6 |
|  | U.S. dollars in thousands |
Income: |  |  |  |  |  |  |  |  |
Interest on bank deposits and short-term investments |  | $ | 208 |  |  | $ | 75 |  |  | $ | 49 |
Non-dollar currency gains - net |  |  | - |  |  |  | 415 |  |  |  | 13 |
Income from marketable securities |  |  | 77 |  |  |  | 136 |  |  |  | 143 |
Realized gain from sale of available-for-sale securities |  |  | 28 |  |  |  | - |  |  |  | - |
Interest on available-for-sale securities |  |  | 27 |  |  |  | 42 |  |  |  | 58 |
|  |  | 340 |  |  |  | 668 |  |  |  | 263 |
Expenses: |  |  |  |  |  |  |  |  |  |  |  |
Non-dollar currency losses - net |  |  | (107 | ) |  |  | - |  |  |  | - |
Realized loss from sale of available-for-sale securities |  |  | - |  |  |  | (24 | ) |  |  | (84 | )
Bank commissions and charges |  |  | (11 | ) |  |  | (14 | ) |  |  | (13 | )
|  |  | (118 | ) |  |  | (38 | ) |  |  | (97 | )
|  | $ | 222 |  |  | $ | 630 |  |  | $ | 166 |
| f. | 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 8 |  |  | 2 0 1 7 |  |  | 2 0 1 6 |
|  | in thousands |
Weighted average number of shares issued and outstanding - used in computation of basic EPS |  |  | 19,344 |  |  |  | 19,292 |  |  |  | 19,234 |
Add - incremental shares from assumed exercise of options |  |  | 217 |  |  |  | 267 |  |  |  | 73 |
Weighted average number of shares used in computation of diluted EPS |  |  | 19,561 |  |  |  | 19,559 |  |  |  | 19,307 |
In the years ended December 31, 2018, 2017 and 2016, 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 334,200 options, 354,000 options and 489,500 options, for the years ended December 31, 2018, 2017 and 2016 respectively.

X
- Definition The entire disclosures of supplemental information, including descriptions and amounts, related to the balance sheet, income statement, and/or cash flow statement. + References No definition available. + Details
Name: | us-gaap_AdditionalFinancialInformationDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration