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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 51,070 $ 48,315
Short-term deposits 70,250 65,493
Trade receivables (net of allowance for doubtful accounts of $429 and $372 at March 31, 2017 and December 31, 2016, respectively) 27,466 53,861
Prepaid expenses and other current assets 7,792 3,650
Total current assets 156,578 171,319
Long-term assets:    
Other assets 778 609
Property and equipment, net 10,786 9,910
Total long-term assets 11,564 10,519
Total assets 168,142 181,838
Current liabilities:    
Trade payables 1,582 1,288
Accrued expenses and other short term liabilities 21,579 28,479
Deferred revenues 54,576 58,478
Total current liabilities 77,737 88,245
Long-term liabilities:    
Deferred revenues 4,261 3,562
Severance pay 1,445 1,664
Other liabilities 5,429 5,628
Total long-term liabilities 11,135 10,854
Stockholders’ equity:    
Common stock of $0.001 par value - Authorized: 200,000,000 shares at March 31, 2017 and December 31, 2016; Issued and outstanding: 27,204,790 shares at March 31, 2017 and 26,821,762 shares at December 31, 2016 27 27
Accumulated other comprehensive income (loss) 1,645 (479)
Additional paid-in capital 197,237 189,335
Accumulated deficit (119,639) (106,144)
Total stockholders’ equity 79,270 82,739
Total liabilities and stockholders’ equity $ 168,142 $ 181,838