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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
CURRENT ASSETS:    
Cash and cash equivalents $ 39,085 $ 27,868
Restricted cash 250 250
Short term bank deposits 16,187 24,047
Investment in marketable securities (Note 4) 14,091 46,669
Restricted investment in marketable securities (Note 4) 282 268
Accounts receivable:    
Trade 308 1,066
Other 1,511 999
TOTAL CURRENT ASSETS 71,714 101,167
NON-CURRENT ASSETS:    
Investment in marketable securities (Note 4) 150
Restricted investment in marketable securities (Note 4) 139 133
Property and equipment, net 2,497 2,235
Operating lease right of use assets (Note 6) 1,858
Other 18 46
TOTAL NON-CURRENT ASSETS 4,512 2,564
TOTAL ASSETS 76,226 103,731
Accounts payable and accruals:    
Trade 9,434 6,327
Operating lease liabilities (Note 6) 999
Other 3,664 4,141
TOTAL CURRENT LIABILITIES 14,097 10,468
LONG-TERM LIABILITIES:    
Liability for employee severance benefits 409 367
Operating lease liabilities (Note 6) 882
Other liabilities 456 714
TOTAL LONG-TERM LIABILITIES 1,747 1,081
TOTAL LIABILITIES 15,844 11,549
COMMITMENTS (Note 6)
SHAREHOLDERS' EQUITY:    
Ordinary Shares, NIS 0.16 par value - authorized: 135,000,000 and 90,000,000 Ordinary Shares as of June 30, 2019 and December 31, 2018, respectively; issued and outstanding: 54,455,969 and 54,351,140 Ordinary Shares as of June 30, 2019 and December 31, 2018, respectively 2,336 2,331
Additional paid-in capital 307,653 305,303
Accumulated deficit (249,606) (215,409)
Accumulated other comprehensive loss (1) (43)
TOTAL SHAREHOLDERS' EQUITY 60,382 92,182
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 76,226 $ 103,731