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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
CURRENT ASSETS    
Cash and cash equivalents $ 10,653 $ 28,083
Trade receivables, net of credit losses of $193 and $328, respectively 5,843 3,120
Prepaid expenses and other current assets 1,818 2,366
Inventories 7,300 5,653
Total current assets 25,614 39,222
LONG-TERM ASSETS    
Restricted cash and other long-term assets 436 784
Operating lease right-of-use assets 945 1,861
Property and equipment, net 1,217 1,262
Intangible assets 10,020 12,525
Goodwill 7,538 7,538
Total long-term assets 20,156 23,970
Total assets 45,770 63,192
CURRENT LIABILITIES    
Trade payables 4,992 5,069
Employees and payroll accruals 1,482 2,034
Deferred revenues 1,358 1,504
Current maturities of operating leases liability 936 1,296
Earnout liability 0 576
Other current liabilities 889 1,316
Total current liabilities 9,657 11,795
LONG-TERM LIABILITIES    
Earnout liability 792 2,716
Deferred revenues 1,301 1,506
Non-current operating leases liability 45 607
Other long-term liabilities 82 58
Total long-term liabilities 2,220 4,887
Total liabilities 11,877 16,682
COMMITMENTS AND CONTINGENT LIABILITIES
Shareholders' equity:    
Ordinary share of NIS 1.75 par value-Authorized: 25,000,000 shares at September 30, 2024 and December 31, 2023; Issued: 9,380,291 and 9,161,798 shares at September 30, 2024 and December 31, 2023, respectively; Outstanding: 8,805,633 and 8,587,140 shares as of September 30, 2024 and December 31, 2023 respectively (1) [1] 4,589 4,487
Additional paid-in capital 282,054 281,109
Treasury Shares at cost, 574,658 ordinary shares at September 30, 2024 and December 31, 2023 (1) [1] (3,203) (3,203)
Accumulated deficit (249,547) (235,883)
Total shareholders' equity 33,893 46,510
Total liabilities and shareholders' equity $ 45,770 $ 63,192
[1] Reflects our one-for-seven reverse share split that became effective on March 15, 2024. See Note 8a to the condensed consolidated financial statements.