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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Revenues:    
Software licenses $ 13,539 $ 12,360
Maintenance and services 12,433 10,248
Total revenue 25,972 22,608
Operating expenses:    
Cost of software licenses 1,267 1,127
Cost of maintenance and services 3,112 2,116
Research and development 6,792 4,893
Selling and marketing 17,847 13,285
General and administrative 2,308 2,636
Impairment of acquisition-related intangible assets 2,132
Total operating expenses 33,458 24,057
Operating loss 7,486 1,449
Financial expenses, net (80) 235
Loss before taxes on income 7,406 1,684
Taxes on income (957) 441
Net loss $ 6,449 $ 2,125
Basic and diluted net loss per share $ 0.39 $ 0.13
Weighted average number of shares used in computing basic and diluted net loss per share 16,671 15,900