| Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Jun'13 | Dec'12 | Jun'12 | Dec'11 | Dec'10 |
|---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||
CURRENT ASSETS: | |||||||||
Cash and cash equivalents | |||||||||
2,231 | 7,636 | 2,404 | 4,386 | 3,203 | 2,195 | 2,223 | 4,021 | 2,090 | 1,763 |
Restricted cash | |||||||||
220 | 119 | 262 | 132 | 347 | 253 | 212 | 174 | 20 | 241 |
Trade receivables (net of allowance for doubtful accounts of $ 1,298 and $ 361 at December 31, 2016 and 2017, respectively) | |||||||||
5,226 | 6,717 | 9,348 | 12,034 | 7,111 | 8,605 | 8,618 | 6,184 | 4,631 | 4,701 |
Deferred tax assets | |||||||||
- | - | - | 749 | 913 | 719 | 785 | - | 0 | - |
Other accounts receivable and prepaid expenses | |||||||||
1,108 | 829 | 932 | 787 | 901 | 1,039 | 737 | 731 | 637 | 539 |
Total current assets | |||||||||
8,785 | 15,301 | 12,946 | 18,088 | 12,475 | 12,811 | 12,575 | 11,110 | 7,378 | 7,244 |
LONG-TERM ASSETS: | |||||||||
Severance pay fund | |||||||||
638 | 1,029 | 1,327 | 1,235 | 1,775 | 1,651 | 1,577 | 1,372 | 1,299 | 1,228 |
Restricted deposits | |||||||||
163 | 145 | 147 | 366 | 374 | 442 | 381 | 337 | - | 41 |
Restricted deposits (Note 10c) | |||||||||
- | - | - | - | - | - | - | - | 499 | - |
Non-current deferred tax assets | |||||||||
- | - | - | 522 | 515 | 452 | 438 | - | 0 | - |
Long-term deposits and long-term assets | |||||||||
77 | 136 | 204 | 245 | 80 | 40 | 66 | 80 | 84 | 138 |
Property and equipment, net | |||||||||
793 | 1,000 | 1,444 | 1,180 | 260 | 315 | 377 | 433 | 485 | 448 |
Intangible assets, net | |||||||||
2,353 | 3,623 | 5,058 | 6,293 | 0 | - | - | 0 | 11 | 55 |
Goodwill | |||||||||
18,822 | 18,405 | 19,091 | 19,377 | 6,168 | 5,839 | 6,121 | 5,929 | 5,842 | 5,870 |
Total long-term assets | |||||||||
22,846 | 24,338 | 27,271 | 29,218 | 9,172 | 8,739 | 8,960 | 8,151 | 8,220 | 7,780 |
Total assets | |||||||||
31,631 | 39,639 | 40,217 | 47,306 | 21,647 | 21,550 | 21,535 | 19,261 | 15,598 | 15,024 |
LIABILITIES AND SHAREHOLDERS' EQUITY | |||||||||
CURRENT LIABILITIES: | |||||||||
Short-term Bank Loans | |||||||||
800 | 3,017 | 77 | 0 | - | - | - | - | - | - |
Short term bank loan | |||||||||
- | - | - | - | - | 597 | - | - | - | - |
Current maturity of convertible debentures (Note 9) | |||||||||
- | - | - | - | - | - | - | - | - | 1,521 |
Trade payables | |||||||||
1,543 | 1,237 | 1,541 | 1,593 | 359 | 586 | 684 | 423 | 351 | 310 |
Deferred revenues | |||||||||
3,033 | 3,594 | 2,966 | 3,573 | 2,284 | 2,456 | 1,467 | 3,329 | 2,084 | 1,659 |
Deferred tax liability | |||||||||
- | - | - | 133 | 0 | - | - | - | - | - |
Accrued expenses and other accounts payable | |||||||||
4,324 | 3,430 | 4,421 | 3,815 | 1,334 | 2,524 | 2,750 | 2,112 | 2,480 | 1,992 |
Total current liabilities | |||||||||
9,700 | 11,278 | 9,005 | 9,114 | 3,977 | 6,163 | 4,901 | 5,864 | 4,915 | 5,482 |
LONG-TERM LIABILITIES: | |||||||||
Convertible debentures (Note 9) | |||||||||
- | - | - | - | - | - | - | - | - | 3,804 |
Accrued severance pay | |||||||||
721 | 1,214 | 1,533 | 1,378 | 1,956 | 1,869 | 1,808 | 1,624 | 1,543 | 1,446 |
Non-current deferred revenues | |||||||||
1,893 | 2,626 | 3,280 | 2,212 | 0 | - | - | - | - | - |
Long-term convertible note | |||||||||
4,936 | 4,388 | 0 | - | - | - | - | - | - | - |
Deferred tax liability | |||||||||
- | - | - | 318 | 0 | - | - | - | - | - |
Other long-term liabilities | |||||||||
212 | 140 | 407 | 447 | 0 | - | - | - | - | - |
Total long-term liabilities | |||||||||
7,762 | 8,368 | 5,220 | 4,355 | 1,956 | 1,869 | 1,808 | 1,624 | 1,543 | 5,250 |
COMMITMENTS AND CONTINGENT LIABILITIES | |||||||||
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
SHAREHOLDERS' EQUITY: | |||||||||
Share capital - Ordinary shares of NIS 0.04 par value - Authorized: 125,000,000 shares at December 31, 2016 and 2017; Issued and outstanding: 17,932,230 and 18,167,066 shares at December 31, 2016 and 2017, respectively | |||||||||
203 | 200 | 199 | 198 | 133 | 129 | 129 | 128 | 121 | 103 |
Additional paid-in capital | |||||||||
64,487 | 63,693 | 62,556 | 61,559 | 37,114 | 36,179 | 36,033 | 35,674 | 34,118 | 31,363 |
Accumulated other comprehensive loss | |||||||||
-3,606 | -3,561 | -3,021 | -2,454 | -1,540 | -1,900 | -1,530 | -1,718 | -1,450 | -1,175 |
Accumulated deficit | |||||||||
-46,965 | -40,377 | -33,767 | -25,472 | -19,993 | -20,890 | -19,806 | -22,311 | -23,649 | -25,999 |
Total parent shareholders' equity | |||||||||
14,119 | 19,955 | 25,967 | 33,831 | 15,714 | 13,518 | 14,826 | 11,773 | 9,140 | 4,292 |
Non-controlling interest | |||||||||
50 | 38 | 25 | 6 | 0 | - | - | - | - | - |
Total shareholders' equity | |||||||||
14,169 | 19,993 | 25,992 | 33,837 | 15,714 | - | - | - | - | - |
Total liabilities and shareholders' equity | |||||||||
31,631 | 39,639 | 40,217 | 47,306 | 21,647 | 21,550 | 21,535 | 19,261 | 15,598 | 15,024 |