| Income Statements (USD ’000) |
2011 |
2012
|
|
|
|
| Revenues |
42,374 |
26,938 |
| Depreciation and Amortization |
2,467 |
2,105 |
| Cost of Revenues |
12,925 |
10,528
|
|
Gross Profit
|
26,982
|
14,305
|
|
|
|
| Research & Development costs, net |
1,334 |
1,449 |
| Selling & Marketing expenses |
9,566 |
7,503 |
| General & Administration expenses |
11,910 |
11,007 |
|
Operating Income (loss)
|
4,172
|
(5,654)
|
|
|
|
| Financial Income (expenses), net |
617 |
(1,022) |
|
| Income (loss) before taxes on income |
4,789 |
(6,676) |
|
|
|
| Taxes on Income |
792 |
628 |
|
| Net Income (loss) |
3,997 |
(7,304) |
|
| Balance Sheet (USD ’000) |
2011 |
2012
|
|
|
|
| Cash, Cash Equivalents and available-for-sale investments |
33,294 |
26,772 |
| Total Assets |
108,446 |
99,735
|
|
|
|
| Total Current Liabilities |
18,784 |
16,532 |
| Total Non-current Liabilities |
23,099 |
22,217 |
| Equity |
66,563 |
60,986
|
