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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash Flows from Operating Activities      
Net (loss) income $ (2,230) $ 17,140 $ 22,251
Adjustments to the profit or loss items:      
Depreciation and amortization 5,609 4,897 4,519
Financial expense (income), net 1,189 672 (197)
Cost of share-based payment 529 977 1,163
Taxes on income 345 1,425 730
(Gain) loss from sale of property and equipment (7) (2)
Change in employee benefit liabilities, net 45 201 94
Adjustments to the profit or loss items 7,717 8,165 6,307
Changes in asset and liability items:      
Decrease(increase) in trade receivables, net (12,861) 1,332 5,117
Decrease (increase) in other accounts receivables (1,634) 115 (214)
Decrease (increase) in inventories (2,373) 1,157 (13,857)
Decrease (increase) in deferred expenses (6,883) (3,085) 399
Increase (decrease) in trade payables 7,917 (9,560) 6,259
Increase (decrease) in other accounts payables (392) 1,736 863
Increase (decrease) in deferred revenues 1,815 1,204 (283)
Total Changes in asset and liability (14,411) (7,101) (1,716)
Cash paid during the year for:      
Interest paid (228) (209) (243)
Interest received 375 1,211 1,106
Taxes paid (42) (101) (134)
Cash received (paid) during the year 105 901 729
Net cash (used in) provided by operating activities (8,819) 19,105 27,571
Cash Flows from Investing Activities      
Investment in short term investments, net 39,083 (7,646) 1,727
Purchase of property and equipment and intangible assets (3,730) (5,488) (2,300)
Business combination (96,403)    
Proceeds from sale of property and equipment 7 9
Net cash used in investing activities (61,050) (13,127) (564)
Cash Flows from Financing Activities      
Proceeds from exercise of share base payments 19 64 16
Receipt of long-term loans 20,000    
Proceeds from issuance of ordinary shares, net 24,895
Repayment of lease liabilities (1,221) (1,103) (1,070)
Repayment of long-term loans (205) (492) (476)
Net cash provided by (used in) financing activities 18,593 23,364 (1,530)
Exchange differences on balances of cash and cash equivalent (334) (1,807) (908)
Increase (decrease) in cash and cash equivalents (51,610) 27,535 24,569
Cash and cash equivalents at the beginning of the year 70,197 42,662 18,093
Cash and cash equivalents at the end of the year 18,587 70,197 42,662
Significant non-cash transactions      
Right-of-use asset recognized with corresponding lease liability 845 539 5,035
Purchase of property and equipment $ 1,001 $ 722 $ 992