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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues:      
Products $ 16,382 $ 13,529 $ 7,457
Services 16,300 8,303 3,597
Projects 328 12,218 26,179
Total revenues 33,010 34,050 37,233
Cost of revenues:      
Products 4,811 4,851 4,680
Services 5,022 1,190 487
Projects 84 2,825 5,321
Total cost of revenues 9,917 8,866 10,488
Gross profit 23,093 25,184 26,745
Operating expenses:      
Research and development 18,578 15,503 10,562
Less - royalty-bearing participation 1,838 1,648 1,599
Research and development, net 16,740 13,855 8,963
Sales and marketing, net 10,514 11,426 10,996
General and administrative 3,674 3,391 4,191
Total operating expenses 30,928 28,672 24,150
Operating income (loss) (7,835) (3,488) 2,595
Financial income, net 1,172 1,136 389
Income (loss) before taxes on income (6,663) (2,352) 2,984
Taxes on income (169) (63) (83)
Net income (loss) $ (6,832) $ (2,415) $ 2,901
Basic net income (loss) per Ordinary Share $ (0.50) $ (0.18) $ 0.24
Diluted net income (loss) per Ordinary Share $ (0.50) $ (0.18) $ 0.23
Weighted average number of Ordinary Share used in computing basic net income (loss) per Ordinary Share 13,779,885 13,630,793 12,039,176
Weighted average number of Ordinary Share used in computing diluted net income (loss) per Ordinary Share 13,779,885 13,630,793 12,351,566