v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
CURRENT ASSETS:    
Cash and cash equivalents $ 30,486 $ 19,243
Short-term bank deposits 79,437 75,429
Trade receivables, net 20,245 19,038
Inventories, net 318 1,667
Other accounts receivable and prepaid expenses 2,036 1,819
Total current assets 132,522 117,196
NON- CURRENT ASSETS:    
Severance pay fund 3,431 2,985
Other long-term assets 2,866 3,484
Property and equipment, net 988 879
Operating lease right-of-use assets 2,898 3,421
Goodwill 1,243 1,243
Intangible assets, net 1,026 1,366
Total non-current assets 12,452 13,378
Total assets 144,974 130,574
CURRENT LIABILITIES:    
Trade payables 2,632 2,457
Employees and payroll accruals 7,325 7,175
Deferred revenues 1,100 6,848
Current maturities of lease liabilities 1,099 966
Other liabilities and accrued expenses 10,872 10,463
Total current liabilities 23,028 27,909
NON-CURRENT LIABILITIES:    
Accrued severance pay 4,790 3,868
Operating lease liabilities 2,135 2,438
Other liabilities and accrued expenses 916 683
Total non-current liabilities 7,841 6,989
Total liabilities 30,869 34,898
COMMITMENTS AND CONTINGENCIES
Share capital:    
Ordinary Shares of NIS 0.20 par value: Authorized: 20,000,000 shares at December 31, 2025 and 2024; 16,628,757 and 15,951,648 shares issued and 16,592,725 and 15,915,616 shares outstanding at December 31, 2025 and 2024, respectively 809 769
Additional paid-in capital 167,172 160,761
Accumulated other comprehensive loss (2,923) (2,910)
Accumulated deficit (50,953) (62,944)
Total shareholders’ equity 114,105 95,676
Total liabilities and shareholders’ equity $ 144,974 $ 130,574