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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
CURRENT ASSETS    
Cash and cash equivalents $ 110 $ 1,639
Restricted bank deposit 1,100 1,162
Accounts receivable, net of allowance for doubtful accounts of $6,667 and $4,747 as of December 31, 2019 and 2018, respectively (Note 14) 13,047 13,460
Other current assets (Note 3) 961 951
Inventories, net (Note 4) 2,646 3,169
Patents held for sale 5,283 5,283
TOTAL CURRENT ASSETS 23,147 25,664
LONG-TERM ASSETS    
Severance pay funds 362 361
Deferred tax long term 510 385
Property and equipment, net (Note 5) 894 843
Other Intangible assets, net (Note 6) 8,065 10,070
Goodwill 7,026 7,026
TOTAL LONG-TERM ASSETS 16,857 18,685
TOTAL ASSETS 40,004 44,349
CURRENT LIABILITIES    
Short-term loans and other 445
Accounts payable 3,541 3,488
Employees and payroll accruals 3,229 2,773
Related parties (Note 12.c) 305 171
Accrued expenses and other liabilities (Note 7) 4,667 4,475
Deferred revenue 1,332 1,665
Short-term liability for future earn-out 794 971
TOTAL CURRENT LIABILITIES 14,313 13,543
LONG-TERM LIABILITIES    
Long-term loan (Note 1c) 14,187 9,624
Related parties (Note 12.c) 2,383 165
Deferred revenues 210 836
Long-term liability for future earn-out 46
Accrued severance pay 579 585
TOTAL LONG TERM LIABILITIES 17,359 11,256
TOTAL LIABILITIES 31,672 24,799
Commitments and contingent liabilities (Note 8)
SHAREHOLDERS' EQUITY (Note 11)    
Ordinary shares, NIS 0.25 par value - authorized 28,000,000 shares, 16,214,228 shares issued and outstanding at December 31, 2019 and 16,126,237 shares issued and outstanding at December 31, 2018 1,116 1,110
Additional paid-in capital 84,680 84,399
Accumulated deficit (77,464) (65,959)
Total shareholders' equity 8,332 19,550
Total liabilities and shareholders' equity $ 40,004 $ 44,349