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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Cash flows from operating activities:        
Net loss $ (1,995) $ (745) $ (4,137) $ (2,004)
Adjustments to reconcile net income to net cash provided by (used in) operating activities:        
Depreciation 321 278 642 497
Stock based compensation (1) 357 344 661 674
Amortization and intangible assets 467 329 891 765
Accrued interest, accretion of discount and exchange rate differences on credit line 4 (2) 56 (2)
Accretion and change in fair value of earn out liabilities, net 96 261 189 431
Changes in assets and liabilities:        
Trade receivables 1,099 1,195 358 812
Deferred taxes (18) (279) (119) (372)
Prepaid expenses and other receivables 310 (102) 535 (1,002)
Trade payables (426) 474 (258) 88
Employees and payroll accruals, accrued expenses and other liabilities 718 61 (498) (516)
Deferred revenues (612) (321) (410) 1,958
Accrued severance pay, net 3 (22) 27 (9)
Net cash provided by (used in) operating activities 324 1,471 (2,063) 1,320
Cash flows from investing activities:        
Change in long-term lease deposits (7) (8) (5) (6)
Investment in affiliate    (80)    (80)
Purchase of property and equipment (212) (755) (558) (1,336)
Net cash used in investing activities (219) (843) (563) (1,422)
Cash flows from financing activities:        
Proceeds from credit line 1,000 3,005 2,000 3,005
Payment of earn-out consideration (351) (3,994) (351) (3,994)
Proceeds from options exercised 33 433 328 919
Net cash provided by (used in) financing activities 682 (556) 1,977 (70)
Effect of exchange rate changes on cash and cash equivalents (10) 6 (4) (14)
Increase (decrease) in cash and cash equivalents 787 72 (649) (172)
Cash and cash equivalents at the beginning of the year 2,327 4,873 3,757 5,137
Cash and cash equivalents at the end of the year $ 3,104 $ 4,951 $ 3,104 $ 4,951