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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
CURRENT ASSETS:    
Cash and cash equivalents $ 31,504 $ 31,851
Restricted cash 15 323
Other accounts receivable and prepaid expenses 181 288
Total current assets 31,700 32,462
LONG-TERM DEPOSITS 123 61
SEVERANCE PAY FUND 100 124
PROPERTY AND EQUIPMENT, NET 3,547 2,583
Total assets 35,470 35,230
CURRENT LIABILITIES:    
Current maturity of loan   230
Trade payables 2,830 1,572
Deferred revenues 1,279 1,705
Other accounts payable and accrued expenses 3,269 2,333
Total current liabilities 7,378 5,840
NON-CURRENT LIABILITIES:    
Deferred revenues 107 426
Accrued severance pay 142 159
Liability related to warrants 11,076  
Other accounts payable 258 258
Total non-current liabilities 11,583 843
COMMITMENTS AND CONTINGENT LIABILITIES
SHAREHOLDERS' EQUITY:    
Ordinary Shares of NIS 0.01 par value - Authorized: 50,000,000 at September 30, 2016 and December 31, 2015, respectively; Issued and outstanding: 20,139,826 and 13,585,810 at September 30, 2016 (unaudited) and December 31, 2015, respectively 51 34
Additional paid-in capital 103,196 91,814
Accumulated deficit (86,738) (63,301)
Total shareholders' equity 16,509 28,547
Total liabilities and shareholders' equity $ 35,470 $ 35,230