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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
CURRENT ASSETS:    
Cash and cash equivalents $ 25,378 $ 31,851
Restricted cash 132 323
Other accounts receivable and prepaid expenses 321 288
Total current assets 25,831 32,462
LONG-TERM LEASE DEPOSIT 63 61
SEVERANCE PAY FUND 127 124
PROPERTY AND EQUIPMENT, NET 3,247 2,583
Total assets 29,268 35,230
CURRENT LIABILITIES:    
Trade payables 1,678 1,572
Current maturity of loan 92 230
Deferred revenues 1,505 1,705
Other accounts payable and accrued expenses 2,825 2,333
Total current liabilities 6,100 5,840
NON-CURRENT LIABILITIES:    
Deferred revenues 251 426
Accrued severance pay 178 159
Other accounts payable 258 258
Total non-current liabilities $ 687 $ 843
COMMITMENTS AND CONTINGENT LIABILITIES
STOCKHOLDERS' EQUITY (DEFICIT):    
Ordinary Shares of NIS 0.01 par value - Authorized: 50,000,000 at December 31, 2015 and March 31, 2016, respectively; Issued and outstanding: 13,585,810 at December 31, 2015 and March 31, 2016, respectively $ 34 $ 34
Additional paid-in capital 92,022 91,814
Accumulated deficit (69,575) (63,301)
Total shareholders' equity 22,481 28,547
Total liabilities and shareholders' equity $ 29,268 $ 35,230