| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Jun'15 | Jun'14 | Jun'13 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | |||||||||||
Loss | |||||||||||
-16,193 | -18,018 | -18,251 | -19,148 | -18,754 | -19,414 | 0 | 0 | 0 | 0 | 0 | 0 |
Adjustments to reconcile loss to net cash used in operating activities: | |||||||||||
Gain (loss) on disposal of property and equipment | |||||||||||
0 | - | 0 | 0 | 0 | - | - | - | - | - | - | - |
Depreciation | |||||||||||
2,103 | 1,946 | 1,842 | 1,796 | 1,862 | 1,856 | 0 | 0 | 0 | 0 | 0 | 0 |
Stock-based compensation | |||||||||||
2,736 | 2,360 | 1,411 | 1,350 | 1,386 | 1,440 | 0 | 0 | 0 | 0 | 0 | 0 |
Amortization of intangible assets | |||||||||||
3,349 | 3,755 | 3,744 | 3,919 | 4,122 | 4,165 | 0 | 0 | 0 | 0 | 0 | 0 |
Amortization of deferred commissions | |||||||||||
0 | - | - | - | 0 | - | - | - | - | - | - | - |
Amortization of deferred commissions | |||||||||||
- | - | - | - | - | 1,351 | 0 | 0 | 0 | - | - | - |
Amortization of operating lease right-of-use assets | |||||||||||
-1,369 | -1,331 | 0 | 0 | 0 | - | - | - | - | - | - | - |
Interest on convertible notes | |||||||||||
0 | - | 0 | 0 | 0 | - | - | - | - | - | - | - |
Interest and amortization of debt issuance costs on convertible debentures | |||||||||||
0 | - | - | - | - | - | - | - | - | - | - | - |
Other income related to the earn-out consideration | |||||||||||
- | - | 0 | 0 | 0 | - | 0 | 0 | 0 | - | - | - |
Accrued interest, accretion of discount and exchange rate differences on credit line | |||||||||||
- | - | - | - | - | - | - | - | - | 0 | 0 | 0 |
Deferred taxes, net | |||||||||||
-317 | -322 | -212 | -214 | -204 | -182 | 0 | 0 | 0 | - | - | - |
Accretion and change in fair value of earn-out liabilities, net | |||||||||||
- | - | - | - | - | - | - | - | - | 0 | 0 | 0 |
Deferred taxes, net | |||||||||||
- | - | - | - | - | - | - | - | - | 0 | 0 | 0 |
Changes in assets and liabilities: | |||||||||||
Trade receivables | |||||||||||
-205 | -1,535 | 108 | 206 | 505 | 596 | 0 | 0 | 0 | 0 | 0 | 0 |
Prepaid expenses and other receivables | |||||||||||
-241 | 171 | -315 | -453 | -451 | -530 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred commissions | |||||||||||
1,756 | 961 | -591 | 716 | 1,541 | 2,307 | 0 | 0 | 0 | - | - | - |
Change in long-term lease deposits | |||||||||||
89 | -45 | -30 | -33 | 82 | 105 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade payables | |||||||||||
-309 | -759 | -306 | -490 | -102 | 264 | 0 | 0 | 0 | 0 | 0 | 0 |
Employees and payroll accruals, accrued expenses and other liabilities | |||||||||||
-1,245 | -1,028 | -346 | -39 | 494 | 516 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred revenues | |||||||||||
-1,604 | 2,932 | 3,677 | 4,144 | 3,692 | 720 | 0 | 0 | 0 | 0 | 0 | 0 |
Accrued severance pay, net | |||||||||||
-6 | 58 | 72 | 88 | -88 | -121 | 0 | 0 | 0 | 0 | 0 | 0 |
Operating lease liabilities | |||||||||||
0 | - | - | - | 0 | - | - | - | - | - | - | - |
Other long-term liabilities | |||||||||||
415 | 151 | 77 | 93 | 102 | 274 | 0 | 0 | 0 | - | - | - |
Net cash provided by (used in) operating activities | |||||||||||
- | - | - | - | - | - | - | - | - | 0 | 0 | 0 |
Net cash used in operating activities | |||||||||||
-9,943 | -6,882 | -7,820 | -8,666 | -8,394 | -11,457 | 0 | 0 | 0 | - | - | - |
Cash flows from investing activities: | |||||||||||
Capitalization of technology, net of grants received | |||||||||||
- | - | - | - | - | 1,984 | 0 | 0 | 0 | 0 | 0 | - |
Proceeds from sale of property and equipment | |||||||||||
0 | - | - | - | - | - | - | - | - | - | - | - |
Capitalization of technology | |||||||||||
0 | - | - | - | 0 | - | - | - | - | - | - | - |
Investment in affiliate | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 0 |
Purchase of property and equipment | |||||||||||
1,484 | 1,470 | 1,590 | 2,437 | 3,042 | 3,320 | 0 | 0 | 0 | 0 | 0 | 0 |
Net cash used in investing activities | |||||||||||
- | - | - | - | - | - | - | - | - | 0 | 0 | 0 |
Net cash used in investing activities | |||||||||||
-5,549 | -5,163 | -4,190 | -4,395 | -4,990 | -5,303 | 0 | 0 | 0 | - | - | - |
Cash flows from financing activities: | |||||||||||
Proceeds from convertible debenture, net of debt issuance costs | |||||||||||
0 | - | - | - | - | - | - | - | - | - | - | - |
Repayment of bank loans | |||||||||||
- | - | - | - | - | - | - | - | - | 0 | 0 | - |
Deferred issuance costs | |||||||||||
- | - | - | - | - | - | - | - | - | 0 | 0 | - |
Payment of earn-out consideration | |||||||||||
- | -2,680 | 0 | 0 | 0 | - | - | - | - | 0 | 0 | 0 |
Proceeds from credit line | |||||||||||
- | - | - | - | - | - | - | - | - | 0 | 0 | 0 |
Proceeds from options exercised | |||||||||||
- | 743 | 860 | 1,613 | 1,563 | 1,393 | 0 | 0 | 0 | 0 | 0 | 0 |
Net cash provided by (used in) financing activities | |||||||||||
17,963 | 6,030 | 8,180 | 8,933 | 8,279 | 10,789 | 0 | 0 | 0 | - | - | - |
Effect of exchange rate changes on cash, cash equivalents and restricted cash | |||||||||||
106 | -14 | -186 | -98 | -263 | -101 | 0 | 0 | 0 | - | - | - |
Increase (Decrease) in cash, cash equivalents and restricted cash | |||||||||||
2,577 | -6,029 | -4,016 | -4,226 | -5,368 | -6,072 | 0 | 0 | 0 | - | - | - |
Net cash provided by (used in) financing activities | |||||||||||
- | - | - | - | - | - | - | - | - | 0 | 0 | 0 |
Effect of exchange rate changes on cash and cash equivalents | |||||||||||
- | - | - | - | - | - | - | - | - | 0 | 0 | 0 |
Increase (decrease) in cash and cash equivalents | |||||||||||
- | - | - | - | - | - | - | - | - | 0 | 0 | 0 |
Supplemental disclosure of non-cash transactions: | |||||||||||
Purchase of property and equipment by credit | |||||||||||
0 | - | 0 | 0 | 0 | - | 0 | 0 | 0 | - | - | - |
Operating lease right-of-use asset exchanged for lease obligations | |||||||||||
0 | - | - | - | - | - | - | - | - | - | - | - |
Net change in accrued payroll expenses related to capitalization of technology | |||||||||||
0 | - | - | - | 0 | - | - | - | - | - | - | - |
Non-cash transactions: | |||||||||||
Net change in accrued payroll expenses related to capitalization of technology | |||||||||||
- | - | - | - | - | -110 | 0 | 0 | 0 | - | - | - |