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Supplementary Financial Statement Information
12 Months Ended
Dec. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Supplementary Financial Statement Information

NOTE 12 - SUPPLEMENTARY FINANCIAL STATEMENT INFORMATION:

 

Balance sheets:

 

  a. Accounts receivable:

 

The changes in “Allowance for doubtful accounts” during the years ended December 31, 2016 and 2015 are as follows:

 

    Year ended December 31,  
    2016     2015  
    ($ in thousands)  
Balance at beginning of period   $ 346     $ 337  
Additions during the period     -       72  
Deductions during the period     -       (49 )
Exchange rate differences     (10 )     (14 )
Balance at end of period   $ 336     $ 346  

 

b.       Inventories:

 

    December 31,  
    2016     2015  
    ($ in thousands)  
Finished goods   $ 83     $ 301  
Work in process     233       307  
Raw materials and supplies     184       145  
    $ 500     $ 753  

 

For the years ended December 31, 2016 and 2015, the Company recorded expenses for slow moving inventory in the amounts of $50,000 and $588,000, respectively.

 

c.       Accounts payable and accruals-other:

 

    December 31,  
    2016     2015  
    ($ in thousands)  
Employees and employee institutions   $ 357     $ 412  
Accrued vacation and recreation pay     137       377  
Accrued clinical trials expenses     467       582  
Provision for sales commissions     56       80  
Accrued expenses     425       552  
Other     5       3  
    $ 1,447     $ 2,006