| Jun'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | ||
|---|---|---|---|---|---|---|
ASSETS | ||||||
CURRENT ASSETS: | ||||||
Cash and cash equivalents | ||||||
150 | 1,944 | 11,840 | 25,829 | 11,709 | ||
Restricted deposits | ||||||
153 | 0 | 1,758 | 325 | - | ||
Restricted deposit for put option | ||||||
12,264 | 0 | 12,028 | 0 | 487 | ||
Accounts receivable | ||||||
1,975 | 1,975 | 3,173 | 3,804 | 48 | ||
Inventory | ||||||
0 | 50 | 481 | 1,476 | - | ||
Accumulated costs with respect to Projects in excess of progress payments | ||||||
- | 0 | 151 | 0 | 0 | ||
Loans to related company | ||||||
- | - | - | - | 709 | ||
Due from controlling shareholders | ||||||
- | 0 | 196 | 574 | 0 | ||
Income tax receivable | ||||||
155 | 162 | 267 | 0 | - | ||
Other receivables | ||||||
522 | 2,351 | 353 | - | - | ||
Other current assets (VIE - $137 thousand as of December 31, 2015) | ||||||
- | - | - | 1,812 | 632 | ||
Total current assets | ||||||
15,219 | 6,482 | 30,247 | 33,820 | 13,585 | ||
NON-CURRENT ASSETS: | ||||||
Other assets | ||||||
- | - | - | 112 | 158 | ||
Restricted deposit for put option | ||||||
0 | 12,143 | 0 | 11,900 | 0 | ||
Property and equipment, net | ||||||
1,197 | 1,388 | 1,588 | 757 | 712 | ||
Total non-current assets | ||||||
1,197 | 13,531 | 1,588 | 12,769 | 870 | ||
Total assets | ||||||
16,416 | 20,013 | 31,835 | 46,589 | 14,455 | ||
LIABILITIES & SHAREHOLDERS' EQUITY: | ||||||
CURRENT LIABILITIES: | ||||||
Bank loans | ||||||
630 | 0 | - | - | - | ||
Accrued payroll and other compensation related accruals | ||||||
197 | 135 | 270 | 60 | 848 | ||
Trade payables, accrued expenses and other accounts payable | ||||||
4,918 | 4,056 | 4,952 | 1,844 | 70 | ||
Put option liability | ||||||
12,264 | 0 | 11,900 | 0 | - | ||
Income tax payable | ||||||
- | 0 | 32 | -119 | 191 | ||
Deferred income tax | ||||||
- | - | - | - | 423 | ||
Other accounts payable | ||||||
- | - | - | - | 229 | ||
Accrued expenses and accounts payable with respect to projects | ||||||
2,039 | 2,541 | 4,734 | 314 | 3,882 | ||
Due to Controlling Shareholders | ||||||
- | - | - | - | 21 | ||
Due to related company | ||||||
- | - | - | 600 | 0 | ||
Dividend payables | ||||||
- | - | - | - | 1,163 | ||
Progress payments in excess of accumulated costs with respect to projects | ||||||
1,307 | 306 | 0 | 690 | 5,646 | ||
Total current liabilities | ||||||
21,355 | 7,038 | 21,888 | 16,552 | 12,473 | ||
NON-CURRENT LIABILITIES: | ||||||
Other accounts payable | ||||||
- | - | - | 112 | 158 | ||
Put option liability | ||||||
0 | 12,143 | 0 | 11,900 | 0 | ||
Accrued severance pay | ||||||
165 | 241 | 245 | 270 | 99 | ||
Total non-current liabilities | ||||||
165 | 12,384 | 245 | 12,282 | 257 | ||
Total liabilities | ||||||
21,520 | 19,422 | 22,133 | 28,834 | 12,730 | ||
COMMITMENTS AND CONTINGENCIES | ||||||
0 | 0 | 0 | 0 | 0 | ||
SHAREHOLDERS' EQUITY (CAPITAL DEFICIENCY) | ||||||
Ordinary shares of $0.0001 par value, 20,000,000 shares authorized, 2,576,415 shares issued and outstanding at June 30, 2018, December 31, 2017 and 2016 | ||||||
3 | 3 | 3 | 3 | 3 | ||
Preferred shares of $0.001 par value, 5,000,000 shares authorized, no shares issued and outstanding at June 30, 2018, December 31, 2017 and 2016 | ||||||
0 | 0 | 0 | 0 | 0 | ||
Additional paid-in-capital | ||||||
18,560 | 18,560 | 18,560 | 18,560 | 32 | ||
Accumulated deficit | ||||||
-23,667 | -17,972 | -8,861 | -808 | 1,690 | ||
Total shareholders' equity (capital deficiency) | ||||||
-5,104 | 591 | 9,702 | 17,755 | 1,725 | ||
Total liabilities and shareholders' equity (net of capital deficiency) | ||||||
16,416 | 20,013 | 31,835 | 46,589 | 14,455 | ||