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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
CURRENT ASSETS:    
Cash and cash equivalents $ 2,958 $ 5,265
Short-term bank deposits 13,464 12,040
Marketable securities 182 174
Accounts receivable (net of allowance for credit losses of $12 and $70 as of December 31, 2023 and 2022, respectively) 2,295 2,357
Other current assets 538 293
Prepaid expenses 277 169
Total current assets 19,714 20,298
NON-CURRENT ASSETS:    
Accounts receivable 714 58
Severance pay fund 2,051 1,914
Deferred income taxes 102 143
Property and equipment, net 216 225
Right-of-use assets, net 690 946
Intangible assets, net 266 374
Goodwill 7,872 7,785
Total assets 31,625 31,743
CURRENT LIABILITIES:    
Accounts payable 989 937
Other current liabilities and accruals 1,749 1,978
Current maturities of lease liabilities 218 271
Deferred revenues 1,517 1,986
Total current liabilities 4,473 5,172
LONG-TERM LIABILITIES:    
Deferred revenues 100 107
Lease liabilities, net of current maturities 424 615
Accrued severance pay 2,060 1,930
Deferred income taxes 80 112
Total liabilities 7,137 7,936
SHAREHOLDERS’ EQUITY:    
Share capital - Ordinary shares of NIS 0.01 par value – Authorized: 88,000,000 shares as of December 31, 2023 and 2022; Issued: 21,660,010 shares as of December 31, 2023 and 2022; Outstanding: 20,184,826 and 20,124,326 shares as of December 31, 2023 and 2022, respectively 54 54
Additional paid-in capital 27,776 27,546
Accumulated other comprehensive loss (1,001) (1,073)
Accumulated deficit (1,334) (1,662)
Treasury shares - 1,475,184 and 1,535,684 shares as of December 31, 2023 and 2022, respectively (1,007) (1,058)
Total shareholders’ equity 24,488 23,807
Total liabilities and shareholders’ equity $ 31,625 $ 31,743