| Dec'17 | Dec'16 | Dec'15 | ||||
|---|---|---|---|---|---|---|
Cash Flows from Operating Activities | ||||||
Net income (loss) | ||||||
6,901 | -6,733 | -11,270 | ||||
Adjustments to reconcile net loss to net cash provided by (used in) operating activities: | ||||||
Adjustments to the profit or loss items: | ||||||
Depreciation and impairment | ||||||
3,523 | 3,501 | 3,227 | ||||
Financial expenses (income), net | ||||||
-274 | 470 | 154 | ||||
Cost of share-based payment | ||||||
483 | 1,071 | 1,907 | ||||
Income tax expense | ||||||
269 | 1,722 | 0 | ||||
Gain from sale of property and equipment | ||||||
52 | 18 | 0 | ||||
Change in employee benefit liabilities, net | ||||||
166 | -87 | 87 | ||||
Adjustments to the profit or loss items | ||||||
4,663 | 5,719 | 5,067 | ||||
Changes in asset and liability items: | ||||||
Decrease (increase) in trade receivables, net | ||||||
-9,967 | 3,489 | -5,604 | ||||
Decrease in other accounts receivables | ||||||
328 | 211 | 118 | ||||
Decrease (increase) in inventories | ||||||
4,524 | 742 | -913 | ||||
Decrease (increase) in deferred expenses | ||||||
594 | -433 | -565 | ||||
Increase (decrease) in trade payables | ||||||
-838 | -2,650 | 887 | ||||
Increase in other accounts payables | ||||||
71 | 1,520 | 94 | ||||
Increase (decrease) in deferred revenues | ||||||
-2,930 | 1,035 | -2,405 | ||||
Changes in asset and liability items | ||||||
-8,218 | 3,914 | -8,388 | ||||
Cash received (paid) during the year for: | ||||||
Interest paid | ||||||
21 | 60 | 484 | ||||
Interest received | ||||||
399 | 842 | 1,143 | ||||
Taxes paid | ||||||
116 | 1,785 | 47 | ||||
Cash received (paid) during the year | ||||||
262 | -1,003 | 612 | ||||
Net cash provided by (used in) operating activities | ||||||
3,608 | 1,897 | -13,979 | ||||
Cash Flows from Investing Activities | ||||||
Proceeds from sale of (investment in) short term investments, net | ||||||
-11,501 | 4,236 | 13,971 | ||||
Purchase of property and equipment and intangible assets | ||||||
4,167 | 2,641 | 2,718 | ||||
Proceeds from sale of property and equipment | ||||||
60 | 42 | 0 | ||||
Net cash provided by (used in) investing activities | ||||||
-15,608 | 1,637 | 11,253 | ||||
Cash Flows from Financing Activities | ||||||
Proceeds from exercise of warrants and options | ||||||
3 | 0 | 1,254 | ||||
Receipt of long-term loans | ||||||
279 | 1,701 | 197 | ||||
Repayment of long-term loans | ||||||
530 | 211 | 9 | ||||
Repayment of convertible debentures | ||||||
0 | 0 | 7,797 | ||||
Proceeds from issuance of ordinary shares, net | ||||||
15,568 | 0 | 0 | ||||
Net cash provided by (used in) financing activities | ||||||
15,320 | 1,490 | -6,355 | ||||
Exchange differences on balances of cash and cash equivalent | ||||||
-607 | -103 | -418 | ||||
Increase (decrease) in cash and cash equivalents | ||||||
2,713 | 4,921 | -9,499 | ||||
Significant non-cash transactions | ||||||
Purchase of property and equipment through capital lease | ||||||
282 | 132 | 0 | ||||
Purchase of property and equipment | ||||||
1,681 | 1,968 | 0 | ||||