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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
CURRENT ASSETS:    
Cash and cash equivalents $ 14,999 $ 29,087
Short term deposits 18,111
Trade receivables, net of allowance for doubtful accounts of $65 and $15 as of June 30, 2018 and December 31, 2017, respectively 13,119 10,609
Deferred commissions costs 1,066
Prepaid expenses and other account receivables 1,577 1,074
Total current assets 48,872 40,770
LONG-TERM ASSETS:    
Deferred commissions costs 4,675
Deferred taxes, net 5 1,209
Severance pay fund 4,438 4,378
Property and equipment, net 1,409 1,287
Intangible assets, net 960 1,431
Goodwill 30,929 30,929
Other assets 250 152
Total long-term assets 42,666 39,386
Total assets 91,538 80,156
CURRENT LIABILITIES:    
Trade payables 1,024 666
Deferred revenues 13,984 11,066
Employees and payroll accruals 5,080 5,730
Accrued expenses and other current liabilities 1,851 3,066
Total current liabilities 21,939 20,528
LONG-TERM LIABILITIES:    
Deferred revenues 2,647 2,163
Accrued severance pay 5,996 5,941
Other liabilities 418 321
Total long-term liabilities 9,061 8,425
SHAREHOLDERS' EQUITY:    
Share capital - Ordinary shares of NIS 0.4 par value - Authorized: 32,500,000 shares at June 30, 2018 and December 31, 2017; Issued and outstanding: 21,090,695 shares at June 30, 2018 and 20,718,468 shares at December 31, 2017 2,403 2,361
Additional paid-in capital 177,398 174,693
Receivables on account of shares (311)
Accumulated other comprehensive loss (1,411) (1,222)
Accumulated deficit (117,541) (124,629)
Total shareholders' equity 60,538 51,203
Total liabilities and shareholders' equity $ 91,538 $ 80,156