| Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||
Net Loss | ||||||||
-6,576 | -6,597 | -8,276 | -5,473 | -187 | 3,843 | - | - | - |
Net income (loss) | ||||||||
- | - | - | - | - | - | 2,350 | -460 | -5,098 |
Adjustments to reconcile net loss to net cash provided by in operating activities: | ||||||||
Share-based compensation expenses | ||||||||
797 | 1,120 | 808 | 670 | 356 | 346 | 214 | 141 | 11 |
Issuance of Ordinary shares in conjunction with consulting services | ||||||||
- | - | - | - | - | 813 | 0 | 79 | 0 |
Depreciation and amortization | ||||||||
1,974 | 2,103 | 1,876 | 1,041 | 198 | 240 | 253 | 259 | 547 |
Accrued severance pay, net | ||||||||
-102 | -21 | 63 | -38 | -50 | -13 | 26 | - | - |
Accrued severance pay, net | ||||||||
- | - | - | - | - | - | - | -45 | -77 |
Impairment of investment in affiliates | ||||||||
- | - | - | - | - | - | - | - | 677 |
Profit from sale of available for sale marketable securities | ||||||||
- | - | - | - | - | - | - | - | 210 |
Loss from sale of property and equipment, net | ||||||||
-5 | 0 | 0 | - | - | - | - | 1 | -39 |
Decrease in long term assets | ||||||||
-63 | -69 | -61 | -131 | 0 | - | - | - | - |
Erosion of non-dollar linked restricted cash and long term assets | ||||||||
- | - | - | - | - | 17 | -1 | 10 | 133 |
Decrease in deferred tax assets, net | ||||||||
0 | 0 | -820 | -56 | 205 | 1,223 | 0 | 0 | - |
Decrease in trade receivables, net | ||||||||
-1,496 | -2,456 | -2,015 | 4,427 | -1,457 | 4,190 | 247 | -1,077 | -1,405 |
Increase (decrease) in interest pay | ||||||||
-17 | 17 | 0 | 0 | - | - | - | - | - |
Increase (decrease) long term liabilities | ||||||||
620 | -301 | -40 | 155 | 0 | 0 | - | - | - |
Decrease (increase) in unbilled receivables | ||||||||
- | - | - | - | - | - | - | - | 1,038 |
Increase in fair value of convertible debentures | ||||||||
- | - | - | - | - | - | 741 | 2,119 | 5,070 |
Decrease (increase) in other accounts receivable and prepaid expenses | ||||||||
246 | -51 | 184 | -201 | 111 | 73 | 116 | -36 | -208 |
Increase (decrease) in trade payables | ||||||||
236 | -96 | 41 | 855 | -325 | 323 | 38 | -355 | -317 |
Increase (decrease) in deferred revenues | ||||||||
-1,480 | 104 | 655 | 134 | 770 | -694 | 526 | 338 | 356 |
Increase (decrease) in accrued expenses and other accounts payable | ||||||||
609 | -866 | 1,121 | 1,810 | -1,440 | 202 | 585 | -684 | -688 |
Net cash provided by (used in) operating activities | ||||||||
- | - | - | -4,885 | - | - | - | - | - |
Net cash used in operating activities | ||||||||
-2,621 | -1,961 | -1,040 | - | 463 | -409 | 4,369 | 2,514 | 1,018 |
Cash flows from investing activities: | ||||||||
Advance payment for sale of affiliate | ||||||||
- | - | - | - | - | - | - | 369 | 0 |
Decrease (increase) in restricted deposits | ||||||||
119 | -145 | -48 | -180 | 92 | 65 | 261 | -362 | -492 |
Increase in long term deposits | ||||||||
0 | -2 | -23 | -74 | -49 | - | - | - | - |
Payment of accrued expenses on account of acquisitions | ||||||||
- | - | - | - | - | - | - | - | 164 |
Purchase of property and equipment | ||||||||
493 | 225 | 905 | 171 | 76 | 119 | 250 | 153 | 188 |
Business acquired | ||||||||
- | 0 | 216 | 7,806 | 0 | 0 | - | - | - |
Net cash used in investing activities | ||||||||
- | - | - | -7,871 | - | - | - | - | - |
Proceeds from sale of marketable securities | ||||||||
- | - | - | - | - | - | - | - | 840 |
Decrease in short-term deposits, net | ||||||||
- | - | - | - | - | - | - | -73 | -742 |
Increase in long-term deposits | ||||||||
- | - | - | - | - | - | 6 | 7 | 3 |
Net cash used in investing activities | ||||||||
-612 | -82 | -1,096 | - | -217 | -184 | -517 | 644 | 1,719 |
Cash flows from financing activities: | ||||||||
Proceeds from exercise of Warrants and stock options | ||||||||
0 | 18 | 190 | 378 | 729 | 764 | 62 | 0 | 0 |
Proceeds from Issuance of Ordinary shares, net of issuance expenses | ||||||||
- | - | - | 13,696 | 0 | 0 | 2,521 | 0 | 0 |
Change in other long term convertible note | ||||||||
0 | 4,422 | 0 | 0 | - | - | - | - | - |
Increase in short term bank borrowings | ||||||||
- | - | - | 0 | 0 | - | - | - | - |
Net cash provided by financing activities | ||||||||
- | - | - | 14,074 | - | - | - | - | - |
Decrease (increase) in short term bank borrowings | ||||||||
-2,200 | 2,923 | 77 | - | - | - | - | -114 | -3,250 |
Payment of accrued issuance expenses | ||||||||
- | - | - | - | 4 | 20 | 0 | 0 | - |
Payment for repurchase convertible debentures tender | ||||||||
- | - | - | - | - | - | 551 | 0 | 0 |
Repurchase of convertible debenture | ||||||||
- | - | - | - | - | - | 3,569 | 0 | 852 |
Repayment of convertible debentures | ||||||||
- | - | - | - | - | - | 1,945 | 4,092 | 1,539 |
Net cash provided (used) by financing activities | ||||||||
-2,200 | 7,363 | 267 | - | 725 | 744 | -3,482 | -4,206 | -5,641 |
Effect of exchange rate on cash and cash equivalent balances | ||||||||
28 | -88 | -113 | -135 | 9 | -18 | -43 | -55 | -7 |
Increase (decrease) in cash and cash equivalents | ||||||||
-5,405 | 5,232 | -1,982 | 1,183 | 980 | 133 | 327 | -1,103 | -2,911 |
Supplemental disclosure of cash flows activities: | ||||||||
Cash paid during the year for: | ||||||||
Taxes | ||||||||
118 | 72 | 14 | 67 | 143 | 152 | 66 | 55 | 32 |
Interest | ||||||||
165 | 143 | 107 | - | - | - | - | - | - |
Interest | ||||||||
- | - | - | 35 | 29 | 0 | 4 | 83 | 124 |
Accrued ordinary shares issuance expenses | ||||||||
- | - | - | - | - | 4 | 24 | 0 | 0 |
Account payables with respect to business acquisition | ||||||||
- | - | - | 216 | 0 | 0 | - | - | - |
Payment in shares for business acquisition | ||||||||
- | - | - | 9,766 | 0 | 0 | - | - | - |