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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
CURRENT ASSETS:    
Cash and cash equivalents $ 6,201 $ 61,988
Short-term bank deposits 63,080
Trade receivables (net of allowances for doubtful accounts amounted to $9 and $19 as of December 31, 2019 and 2018, respectively) 11,039 20,381
Inventories 1,356 251
Other accounts receivable and prepaid expenses 1,536 1,766
Total current assets 83,212 84,386
NON- CURRENT ASSETS:    
Severance pay fund 3,365 2,967
Other long-term receivables 2,314 346
Property and equipment, net 1,669 1,832
Operating lease right-of-use assets 5,842
Total non-current assets 13,190 5,145
Total assets 96,402 89,531
CURRENT LIABILITIES:    
Trade payables 2,452 1,559
Employees and payroll accruals 4,132 3,420
Deferred revenues and advances from customers 828 266
Operating lease liabilities 1,263
Other liabilities and accrued expenses 4,050 2,281
Total current liabilities 12,725 7,526
NON-CURRENT LIABILITIES:    
Deferred revenues 100 100
Accrued severance pay 3,904 3,425
Operating lease liabilities 4,967
Other liabilities and accrued expenses 836
Total non-current liabilities 9,807 3,525
Total liabilities 22,532 11,051
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS' EQUITY:    
Ordinary Shares of NIS 0.20 par value: Authorized: 20,000,000 shares at December 31, 2019 and 2018; 13,822,185 and 13,735,759 shares issued and 13,786,153 and 13,699,727 shares outstanding at December 31, 2019 and 2018, respectively 648 643
Additional paid-in capital 137,969 135,730
Accumulated other comprehensive loss (2,634) (2,612)
Accumulated deficit (62,113) (55,281)
Total shareholders' equity 73,870 78,480
Total liabilities and shareholders' equity $ 96,402 $ 89,531