| Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | ||
|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES: | ||||||
Net income (loss) | ||||||
-9,111 | -8,053 | 14,753 | -11 | -280 | ||
Adjustments to reconcile net income or loss to net cash provided by (used in) operating activities: | ||||||
Depreciation | ||||||
168 | 149 | 132 | 128 | 115 | ||
Amortization | ||||||
321 | 193 | 0 | 0 | - | ||
Impairment of inventory | ||||||
0 | 201 | 0 | 0 | - | ||
Impairment of property and equipment | ||||||
0 | 114 | 0 | 0 | - | ||
Capital (gain) loss from sale of property and equipment | ||||||
-30 | 10 | -18 | -7 | 1 | ||
Changes in operating assets and liabilities: | ||||||
Restricted deposits | ||||||
-1,758 | 1,433 | -162 | -259 | 460 | ||
Accounts receivable | ||||||
-1,198 | -631 | 3,756 | -161 | -430 | ||
Inventory | ||||||
50 | 311 | 799 | 247 | - | ||
Deferred tax | ||||||
0 | 0 | 423 | -938 | 124 | ||
Other receivables | ||||||
1,773 | -1,459 | 1,180 | - | - | ||
Other current assets | ||||||
- | - | - | 140 | 190 | ||
Interest earned on restricted deposit for put option | ||||||
-128 | 128 | 0 | 0 | - | ||
Accrued payroll and other compensation related accruals | ||||||
-135 | 210 | -291 | 294 | 131 | ||
Trade payables, accrued expenses and other accounts payable | ||||||
-896 | 3,108 | 1,030 | -30 | 9 | ||
Income tax payable | ||||||
73 | -2,674 | 2,426 | 104 | -273 | ||
Other accounts payable | ||||||
- | - | - | - | 127 | ||
Accrued expenses and accounts payable with respect to projects | ||||||
-2,193 | -2,233 | 2,618 | 3,407 | -464 | ||
Due to related company | ||||||
0 | -600 | 600 | 0 | 0 | ||
Due from/to Controlling Shareholders, net | ||||||
- | - | - | - | 126 | ||
Progress payments in excess of accumulated costs with respect to Projects (accumulated costs with respect to Projects in excess of progress payments) | ||||||
457 | -1,170 | -5,304 | 4,916 | 1,754 | ||
Accrued severance pay | ||||||
-4 | -25 | 171 | -32 | -34 | ||
Total adjustments | ||||||
-918 | -2,519 | -4,596 | 9,765 | 894 | ||
Net cash provided by (used in) operating activities | ||||||
-10,029 | -10,572 | 10,157 | 12,887 | 614 | ||
CASH FLOWS FROM INVESTING ACTIVITIES: | ||||||
Purchase of property and equipment | ||||||
187 | 182 | 353 | 277 | 265 | ||
Proceeds from sale of property and equipment | ||||||
124 | 10 | 158 | 159 | 13 | ||
Loans repaid by related company, net | ||||||
0 | 0 | 709 | -500 | -209 | ||
Net cash provided by (used in) investing activities | ||||||
-63 | -172 | 514 | -618 | -461 | ||
CASH FLOWS FROM FINANCING ACTIVITIES: | ||||||
Proceeds from the Reverse Merger, net of transaction costs | ||||||
0 | 0 | 18,995 | 0 | - | ||
Dividends paid | ||||||
0 | 0 | 14,951 | 817 | 231 | ||
Due from / to controlling shareholders, net | ||||||
196 | 378 | -595 | 6 | - | ||
Proceeds from the Reverse Merger, net of transaction costs | ||||||
- | - | - | - | 0 | ||
Withholding tax paid by the Company on behalf of the controlling shareholders' with respect to dividend distributed | ||||||
0 | 4,393 | 0 | 125 | 300 | ||
Withholding tax paid by the controlling shareholders' to the Company with respect to dividend distributed, to be paid by the Company to the Israel Tax Authority | ||||||
0 | 770 | 0 | - | - | ||
Withholding tax paid by the Controlling Shareholders' to the company with respect to dividend distributed, to be paid by the company to the Israeli tax authorities | ||||||
- | - | - | 0 | - | ||
Net cash provided by (used in) financing activities | ||||||
196 | -3,245 | 3,449 | -936 | -531 | ||
Net change in cash and cash equivalents | ||||||
-9,896 | -13,989 | 14,120 | 11,333 | -378 | ||
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION: | ||||||
Cash paid during the period for: | ||||||
Interest and banks' charges | ||||||
18 | 36 | 40 | - | - | ||
Interest and banks' charges | ||||||
- | - | - | 30 | 43 | ||
Income tax | ||||||
7 | 3,758 | 568 | 338 | 776 | ||