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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 5,947 $ 5,383 $ 5,065
Adjustments to reconcile net income to net cash      
Depreciation and amortization 194 200 151
Deferred income taxes, net (96) (128) (30)
Accrued severance pay 83 118 111
Unrealized loss (gain) from marketable securities 1 (51) (93)
Realized gain on sale of marketable securities, net (3) (25) (24)
Realized gain on sale of property and equipment (3)    
Employees share-based compensation 171 213 200
Decrease in accounts receivable:      
Trade 243 1,073 805
Other 117 323 187
Decrease (increase) in prepaid expenses 149 (45) (15)
Increase (decrease) in accounts payable and accruals:      
Trade (363) (901) 138
Other 399 58 48
Change in operation lease liability (52) 78 (15)
Increase in deferred revenues 111 203 153
Net cash provided by operating activities 6,898 6,499 6,681
CASH FLOWS FROM INVESTING ACTIVITIES:      
Proceeds from sales of marketable securities, net 1,370 545 2,529
Acquisition of subsidiaries   (2,310)
Purchase of property and equipment (82) (68) (52)
Proceeds from sales of property and equipment 3    
Severance pay funds (89) (126) (139)
Proceeds from (investment in) short-term bank deposits (6,891) (385) 2,017
Net cash provided by (used in) investing activities (5,689) (34) 2,045
CASH FLOWS FROM FINANCING ACTIVITIES:      
Dividend paid (5,197) (4,775) (5,061)
Net cash used in financing activities (5,197) (4,775) (5,061)
TRANSLATION ADJUSTMENTS ON CASH AND CASH EQUIVILENTS (90) 91 11
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (4,078) 1,781 3,676
BALANCE OF CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 8,260 6,479 2,803
BALANCE OF CASH AND CASH EQUIVALENTS AT END OF YEAR 4,182 8,260 6,479
FLOW AND NON-CASH ACTIVITIES:      
Taxes paid 903 454 12
Net lease liabilities arising from obtaining right-of-use asset   $ 599
Shares issued in respect of acquisition of a subsidiary from treasury shares   $ 757