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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
REVENUES:      
Sales of licenses $ 2,298 $ 2,151 $ 2,441
Services 20,366 15,984 15,621
Total revenues 22,664 18,135 18,062
COST OF REVENUES      
Cost of sales of licenses 140 80 238
Cost of services 9,986 6,066 6,795
Total cost of revenues 10,126 6,146 7,033
GROSS PROFIT 12,538 11,989 11,029
OPERATING EXPENSES:      
Research and development 4,186 3,747 3,417
Selling and marketing 1,225 1,268 1,250
General and administrative 2,087 1,624 1,676
Total operating expenses 7,498 6,639 6,343
OPERATING INCOME 5,040 5,350 4,686
GAIN ON DISPOSAL OF A SUBSIDIARY 0 0 893
FINANCIAL INCOME, net 483 222 630
INCOME BEFORE TAXES ON INCOME 5,523 5,572 6,209
TAXES ON INCOME 458 438 597
NET INCOME $ 5,065 $ 5,134 $ 5,612
EARNINGS PER SHARE - in U.S. dollars:      
Basic $ 0.26 $ 0.27 $ 0.29
Diluted $ 0.25 $ 0.27 $ 0.29
WEIGHTED AVERAGE NUMBER OF ORDINARY SHARES USED IN COMPUTATION OF EARNINGS PER SHARE - in thousands      
Basic 19,746 19,344 19,292
Diluted 19,962 19,561 19,559