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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
CURRENT ASSETS:    
Cash and cash equivalents $ 11,475 $ 8,100
Short-term bank deposits 1,498 4,551
Marketable securities 5,151 5,038
Accounts receivable, net:    
Trade 2,243 2,595
Other 213 234
Prepaid expenses 232 384
Deferred cost of revenues 78 21
Deferred income taxes 187 175
Inventories 9 10
Total current assets 21,086 21,108
INVESTMENTS AND OTHER NON-CURRENT ASSETS:    
Marketable securities - available-for-sale [1] 1,441 1,574
Severance pay fund 1,623 1,597
Deferred income taxes 54 20
PROPERTY AND EQUIPMENT, net of accumulated depreciation and amortization 591 618
GOODWILL 5,430 5,430
Total assets 30,225 30,347
Accounts payable and accruals:    
Trade 237 138
Other 2,264 2,306
Deferred revenues 3,664 3,671
Total current liabilities 6,165 6,115
LONG-TERM LIABILITIES:    
Deferred revenues 426 134
Employees' rights upon retirement 1,786 1,687
Total liabilities 8,377 7,936
SHAREHOLDERS’ EQUITY:    
Share capital 54 54
Additional paid-in capital 25,862 25,724
Accumulated other comprehensive loss (195) (63)
Differences from translation of foreign currency financial statements of a subsidiary (877) (877)
Treasury shares (1,692) (1,863)
Accumulated deficit (1,304) (564)
Total shareholders’ equity 21,848 22,411
Total liabilities and shareholders’ equity $ 30,225 $ 30,347
[1] As of December 31, 2015 the Company held a long-term security bond which is classified as available for sale security and is presented on its fair value. The fair value of the available-for-sale security based on quoted prices in active markets for identical instruments (Level 1 as defined under ASC_820).