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CONDENCED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
CURRENT ASSETS:    
Cash and cash equivalents $ 5,444 $ 9,412
Bank deposit 19,900
Marketable securities 40,678 40,966
Receivables from collaborative arrangements 1,171 4,120
Prepaid expenses and other current assets 1,494 1,293
TOTAL CURRENT ASSETS 68,687 55,791
NON-CURRENT ASSETS:    
Restricted long-term deposits 1,284 472
Property and equipment, net 2,202 2,314
Operating lease right-of-use assets 1,777 2,040
Funds in respect of employee rights upon retirement 682 684
TOTAL NON-CURRENT ASSETS 5,945 5,510
TOTAL ASSETS 74,632 61,301
CURRENT LIABILITIES:    
Accounts payable 1,232 1,710
Other accounts payable 5,154 4,123
Current maturities of operating leases 525 672
TOTAL CURRENT LIABILITIES 6,911 6,505
LONG-TERM LIABILITIES -    
Operating leases liabilities 1,227 1,373
Liability for employee rights upon retirement 973 958
TOTAL LONG-TERM LIABILITIES 2,200 2,331
COMMITMENTS
TOTAL LIABILITIES 9,111 8,836
SHAREHOLDERS' EQUITY:    
Ordinary Shares, NIS 0.1 par value - authorized: 50,000,000 as of December 31, 2019 and June 30, 2020; issued and outstanding: 20,402,800 and 22,996,948 as of December 31, 2019 and June 30, 2020, respectively. 635 561
Additional paid-in capital 231,139 203,977
Accumulated deficit (166,253) (152,073)
TOTAL SHAREHOLDERS' EQUITY 65,521 52,465
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 74,632 $ 61,301