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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
May 31, 2017
Aug. 31, 2016
CURRENT ASSETS:    
Cash and cash equivalents $ 1,733 $ 3,907
Short-term deposits 21,400 24,254
Marketable securities 3,072 2,855
Restricted cash 16 16
Prepaid expenses and other current assets 127 198
Total current assets 26,348 31,230
LONG-TERM ASSETS:    
Long-term deposits and investment 12,005 11,043
Marketable securities 1,409 530
Amounts funded in respect of employee rights upon retirement 13 11
Property and equipment, net 17 16
Total long-term assets 13,444 11,600
Total assets 39,792 42,830
CURRENT LIABILITIES:    
Accounts payable and accrued expenses 2,526 1,411
Deferred revenues 2,449 2,162
Related parties 61 48
Total current liabilities 5,036 3,621
LONG-TERM LIABILITIES:    
Deferred revenues 14,455 12,604
Employee rights upon retirement 18 14
Provision for uncertain tax position 11 11
Other liabilities 462 390
Total long-term liabilities 14,946 13,019
COMMITMENTS (note 2)
STOCKHOLDERS' EQUITY:    
Common stock, $0.012 par value (30,000,000 authorized shares; 13,319,172 and 13,183,425 shares issued and outstanding as of May 31, 2017 and August 31, 2016, respectively) 159 157
Additional paid-in capital 72,954 71,943
Accumulated other comprehensive income 497 106
Accumulated loss (53,800) (46,016)
Total stockholders' equity 19,810 26,190
Total liabilities and stockholders' equity $ 39,792 $ 42,830