XML 18 R4.htm IDEA: XBRL DOCUMENT v3.6.0.2
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues:      
Software licenses $ 28,653 $ 26,568 $ 20,128
Maintenance and services 25,841 21,600 15,524
Total revenues 54,494 48,168 35,652
Operating expenses:      
Cost of software licenses 2,143 2,518 890
Cost of maintenance and services 6,637 4,760 2,431
Research and development 13,283 11,139 9,316
Selling and marketing 35,089 27,381 19,136
General and administrative 4,594 4,857 3,944
Impairment of intangible assets 4,122
Total operating expenses 65,868 50,655 35,717
Operating loss (11,374) (2,487) (65)
Financial expenses, net (54) (576) (893)
Loss before taxes on income (11,428) (3,063) (958)
Taxes on income (income tax benefit) 735 (546) (734)
Net loss $ (10,693) $ (3,609) $ (1,692)
Basic and diluted net loss per share $ (0.64) $ (0.22) $ (0.11)
Weighted average number of shares used in computing basic and diluted net loss per share 16,739 16,183 15,024