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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
CURRENT ASSETS:    
Cash and cash equivalents $ 1,752 $ 1,484
Restricted cash 360 362
Trade receivables (net of allowance for doubtful accounts of $15 at June 30 , 2012 and December 31, 2011) 2,402 1,988
Other accounts receivable and prepaid expenses 410 158
Total current assets 4,924 3,992
LONG-TERM ASSETS:    
Other long term assets 100 72
Severance pay fund 2,739 2,684
Property and equipment, net 404 380
Intangible assets, net 2,330 2,854
Goodwill 12,988 13,011
Total long-term assets 18,561 19,001
Total assets 23,485 22,993
CURRENT LIABILITIES:    
Current maturities of long-term convertible debt 215 835
Current maturities of long-term debt 12 115
Trade payables 358 452
Deferred revenues 5,834 5,733
Employees and payroll accruals 2,158 2,151
Accrued expenses and other current liabilities 1,098 1,906
Bifurcated conversion feature , presented at fair value 177 227
Contingent payment obligation 1,801   
Total current liabilities 11,653 11,419
LONG-TERM LIABILITIES:    
Contingent payment obligation    1,669
Long term deferred tax liability, net 351 352
Other long-term liabilities 315 388
Liabilities presented at fair value 725 510
Accrued severance pay 3,690 3,467
Total long-term liabilities 5,081 6,386
SHAREHOLDERS' EQUITY:    
Share capital - Ordinary shares of NIS 0.1 par value - Authorized: 32,500,000 shares at June 30, 2012 and December 31, 2011 Issued and outstanding: 10,573,464 shares at June 30, 2012 and 9,987,777 at December 31, 2011 1,208 1,146
Additional paid-in capital 108,757 107,572
Accumulated other comprehensive loss (757) (690)
Accumulated deficit (102,457) (102,840)
Total shareholders' equity 6,751 5,188
Total liabilities and shareholders' equity $ 23,485 $ 22,993