MER TELEMANAGEMENT SOLUTIONS LTD MTSL Balance Sheet

Mer telemanagement solutions ltd (MTSL)

Balance Sheet / Yearly

Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10
ASSETS
CURRENT ASSETS:
Cash and cash equivalents
1,328	1,508	3,444	4,864	6,369	4,190	3,269	2,124
Restricted cash
1,068	504	231	648	63	38	45	0
Restricted marketable securities (Note 3)
0	136	134	136	153	139	127	-
Restricted marketable securities (Note 3)
-	-	-	-	-	-	-	147
Trade receivables (net of allowance for doubtful accounts of $47 and $44 at December 31, 2017 and 2016, respectively)
1,391	5,305	4,485	579	943	1,066	854	1,251
Deferred tax asset (Note 11)
-	-	40	0	-	371	0	-
Other accounts receivable and prepaid expenses (Note 4)
334	343	103	75	147	175	93	174
Inventories
-	-	-	-	-	-	-	17
Total current assets
4,121	7,796	8,437	6,302	7,675	5,979	4,388	3,713
LONG-TERM ASSETS:
Lease deposits
-	-	-	-	-	4	6	4
Deferred income taxes (Note 9d)
-	-	-	-	-	-	31	33
Severance pay fund
856	752	668	604	725	658	619	798
Total long-term assets
-	-	-	-	-	662	656	-
Total long-term assets
-	-	-	-	-	-	-	835
Property and equipment, net (Note 5)
148	198	160	118	183	245	161	165
Intangible assets, net (Note 6)
42	63	4,461	389	567	759	1,050	1,415
Goodwill
3,479	3,479	8,298	3,479	3,479	3,479	3,479	3,479
Total long-term assets
4,525	4,492	12,759	3,868	4,046	4,238	4,529	-
Total other assets
-	-	-	-	-	-	-	4,894
Total assets
8,646	12,288	22,024	10,892	12,629	11,124	9,734	9,607
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Trade payables
1,288	4,086	3,297	254	254	279	326	305
Deferred revenues
1,744	1,374	1,826	1,706	1,766	1,648	2,025	2,452
Deferred tax liability (Note 11)
-	-	142	0	-	-	-	-
Accrued expenses and other liabilities (Note 7)
2,498	3,756	3,505	2,252	2,200	2,393	2,354	2,085
Liabilities of discontinued operations (Note 1b)
185	132	105	282	362	435	435	351
Total current liabilities
5,715	9,348	8,875	4,494	4,582	4,755	5,140	5,193
LONG-TERM LIABILITIES:
Liabilities related to Vexigo acquisition (Note 3)
-	-	5,624	0	-	-	-	-
Accrued severance pay
1,073	914	798	712	857	800	762	1,051
Deferred tax liability (Note 9)
146	166	578	54	29	0	-	-
Total long-term liabilities
1,219	1,080	7,000	766	886	-	-	-
COMMITMENTS AND CONTINGENT LIABILITIES (Note 8)
0	0	0	0	0	0	0	0
SHAREHOLDERS' EQUITY (Note 11):
Share capital - Ordinary shares of NIS 0.03 par value - Authorized: 6,666,667 shares at December 31, 2017 and 2016; Issued: 3,120,684 and 2,899,314 shares at December 31, 2017 and 2016, respectively; Outstanding: 3,118,884 and 2,897,314 shares at December 31, 2017 and 2016, respectively
25	23	21	13	13	13	13	13
Additional paid-in capital
28,188	26,569	25,648	20,400	20,317	20,120	19,773	19,676
Treasury shares at cost (1,800 Ordinary shares at December 31, 2017 and 2016)
29	29	29	29	29	29	29	29
Accumulated other comprehensive income
0	1	-8	-8	-6	5	-19	-4
Accumulated deficit
-26,472	-24,704	-19,483	-14,744	-13,134	-14,540	-15,906	-16,293
Total shareholders' equity
1,712	1,860	6,149	5,632	7,161	5,569	3,832	3,363
Total liabilities and shareholders' equity
8,646	12,288	22,024	10,892	12,629	11,124	9,734	9,607