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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
CURRENT ASSETS:    
Cash and cash equivalents $ 44,727 $ 24,721
Marketable securities 120,144 26,532
Short-term bank deposits 28,491 10,045
Accounts receivable, net of allowance for doubtful accounts 6,628 7,008
Other receivables 3,811 2,495
Inventories 9,408 6,963
T O T A L CURRENT ASSETS 213,208 77,764
NON-CURRENT ASSETS:    
Accounts receivable 374 544
Deferred offering costs 895
Deferred income taxes, net 1,899 1,309
Operating lease right-of-use assets 1,369
Property and equipment, net 935 544
Other Investments 600
T O T A L NON-CURRENT ASSETS 5,177 3,292
T O T A L ASSETS 218,385 81,056
CURRENT LIABILITIES:    
Accounts payable 3,702 4,509
Contract liabilities 15,587 5,755
Other liabilities 13,205 9,165
Accrued contingencies 10,000
T O T A L CURRENT LIABILITIES 32,494 29,429
NON-CURRENT LIABILITIES:    
Contract liabilities [1] 3,813 3,982
Other liabilities 1,494 771
Operating lease liabilities 744
Deferred income taxes, net 37 11
T O T A L NON-CURRENT LIABILITIES 6,088 4,764
T O T A L LIABILITIES 38,582 34,193
COMMITMENTS AND CONTINGENCIES (note 10)
REDEEMABLE NON-CONTROLLING INTEREST 2,187
InMode Ltd. shareholders' equity:    
Ordinary shares, NIS 0.01 par value, - authorized: 100,000,000 shares issued and outstanding: 32,799,082 and 26,682,413 shares at December 31, 2019 and 2018, respectively 93 42
Additional paid-in capital 81,863 10,184
Retained earnings 93,986 32,971
Accumulated other comprehensive income 124 66
InMode Ltd. shareholders' equity 176,066 43,263
Non-controlling interests 3,737 1,413
T O T A L SHAREHOLDERS' EQUITY 179,803 44,676
T O T A L LIABILITIES AND SHAREHOLDERS' EQUITY $ 218,385 $ 81,056
[1] As of December 31, 2019, non- current deferred revenue is estimated to be recognized as following: 81% in year 2021, and the rest in year 2022.