Key Figures at a Glance

Income Statements (USD ‘000) 2015* 2016
Revenues for the year 39,375 35,606
Change in revenues estimate (2,288)  4,942
Total revenues 37,087 40,548
Depreciation and Amortization 1,589 1,159
Cost of Revenues 18,590 18,320
Gross Profit
16,908 21,069
Research & Development costs, net 2,732 3,555
Selling & Marketing expenses 11,997 8,284
General & Administrative expenses 8,052 10,216
Other expenses (income) 8,620 3,806
Operating Income (Loss) 
(14,493)
(4,792)
Financial income (expenses), net 383 (2,406)
Income (loss) before taxes on income (14,876) (7,198)
Taxes on Income 863 3,898
Net Income (loss)  (15,739) (11,096)
Balance Sheet (USD ‘000) 2015* 2016
Cash, Cash Equivalents and short-term investments 8,556 10,561
Total Assets 66,849
62,629
Total Current Liabilities 20,823 25,692
Total Non-current Liabilities 11,823 13,122
Equity 34,203
23,815

*Restated