7Baggers
Quarterly
Annual
    Unit: USD2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2014-12-31 2013-12-31 2012-12-31 2010-12-31 2002-12-31 2002-06-15 
      
    		             
      cash flows from operating activities:
    		             
      net income
    		-166,000 7,811,000 9,636,000 22,566,000 11,735,000 -7,493,000 -8,659,000 24,950,000 18,055,000 31,757,000    
      adjustments to reconcile net income to net cash from operating activities:
    		             
      depreciation and amortization
    		11,692,000 10,196,000 10,559,000 11,283,000 9,782,000 11,232,000 10,372,000 8,102,000 8,086,000 9,867,000    
      share-based compensation
    		27,353,000             
      gain on sale of marketable securities
    		-68,000 -438,000            
      amortization of premiums, accretion of discounts and accrued interest on marketable securities
    		2,345,000 2,720,000 931,000 618,000          
      changes in accrued interest on bank deposits
    		-2,480,000             
      increase in accrued severance pay
    		219,000 468,000 202,000 888,000 323,000 -210,000 401,000 -158,000      
      decrease (increase) in trade receivables
    		-4,561,000 3,657,000 5,762,000 -2,407,000 -1,169,000 3,390,000 7,003,000   -5,843,000    
      changes in deferred income taxes
    		-1,986,000 -3,466,000 333,000 -1,535,000 -2,308,000 91,000 -2,687,000 -1,775,000 -699,000 -1,584,000    
      increase in other assets and prepaid expenses
    		-374,000             
      decrease in inventories
    		152,000 2,355,000 5,000           
      increase in trade payables
    		2,154,000 428,000 -2,433,000 1,775,000   -3,284,000 1,019,000 -1,231,000 4,816,000    
      increase in deferred revenues
    		13,475,000 20,063,000 16,797,000 2,260,000 14,440,000 28,781,000 12,964,000 8,638,000 5,920,000 296,000    
      increase in other payables and accrued expenses
    		-14,054,000 12,238,000 11,305,000 2,784,000          
      operating lease right-of-use assets
    		6,033,000 5,532,000 5,593,000 5,962,000          
      operating lease liabilities
    		-7,586,000 -5,163,000 -4,304,000 -4,999,000          
      net cash from operating activities
    		32,148,000 71,774,000 63,865,000 52,852,000 49,251,000 31,462,000 38,480,000 52,177,000 30,200,000 51,520,000    
      cash flows from investing activities:
    		             
      purchase of property and equipment
    		-8,814,000 -5,603,000 -8,671,000 -8,155,000 -8,869,000 -7,210,000 -9,404,000 -9,482,000 -8,712,000 -9,337,000    
      proceeds from (investing in) other long-term assets
    		35,000 49,000 -110,000 4,000          
      proceeds from (investing in) bank deposits
    		-13,377,000 24,448,000 -23,878,000           
      purchase of marketable securities
    		-49,217,000 -88,300,000 -32,981,000 -67,145,000          
      proceeds from maturity of marketable securities
    		34,589,000 59,980,000 29,452,000 17,005,000          
      proceeds from sale of marketable securities
    		10,766,000 17,275,000 21,820,000 3,777,000          
      payment for the business acquisition of securitydam ltd.
    		-30,000,000             
      net cash from investing activities
    		-56,018,000 7,849,000 -14,368,000 -50,793,000 -85,503,000 -56,342,000 28,359,000 -36,032,000 -29,987,000 -59,886,000    
      cash flows from financing activities:
    		             
      proceeds from exercise of share options
    		2,034,000 10,590,000            
      payment of deferred consideration related to acquisition
    		  -2,054,000           
      proceeds from issuance of preferred a shares in subsidiary
    		35,000,000             
      repurchase of ordinary shares
    		-59,492,000 -52,471,000 -45,326,000 -24,509,000 -4,275,000 -413,000 -21,980,000 -15,169,000      
      net cash from financing activities
    		-22,458,000 -41,881,000 -35,477,000 -6,511,000 16,218,000 10,478,000 -20,944,000 8,767,000      
      increase in cash and cash equivalents
    		-46,328,000 37,742,000 14,020,000  -20,034,000 -14,402,000 45,895,000 24,912,000 19,000 2,662,000    
      cash and cash equivalents at the beginning of the year
    		92,513,000 54,771,000 40,751,000 45,203,000 65,237,000 79,639,000 33,744,000 20,067,000 20,048,000 17,386,000    
      cash and cash equivalents at the end of the year
    		46,185,000 92,513,000 54,771,000 40,751,000 45,203,000 65,237,000 79,639,000 44,979,000 20,067,000 20,048,000    
      supplemental disclosure of cash flow information:
    		             
      cash paid during the year for taxes on income
    		18,069,000 2,748,000 1,314,000           
      non-cash investing activities:
    		             
      right-of-use assets recognized with corresponding lease liabilities
    		4,282,000 2,538,000            
      stock based compensation
    		 17,574,000 16,545,000 13,064,000 12,503,000 13,031,000 11,520,000 7,382,000 5,374,000 5,383,000    
      accrued interest on bank deposits
    		 2,424,000 -1,210,000 2,123,000 -2,391,000 226,000 1,179,000 1,069,000 -813,000 -354,000    
      increase in other current assets and prepaid expenses
    		 -4,625,000      -1,913,000 -276,000     
      payment for the acquisition of subsidiary, net of cash acquired
    		   -12,239,000  -8,269,000        
      deferred consideration related to acquisition
    		   2,080,000          
      other gain
    		  -639,000 -537,000          
      decrease (increase) in other current assets and prepaid expenses
    		  -5,217,000 -5,454,000 5,035,000 -7,969,000 883,000   -1,000    
      proceeds from exercise of stock options
    		  11,903,000 17,998,000 21,803,000 10,891,000 1,583,000 22,493,000 5,522,000 10,656,000    
      payment of contingent consideration
    		    -1,310,000         
      non-cash investing activity
    		             
      right-of-use asset recognized with corresponding lease liability
    		  15,272,000 24,105,000          
      cumulative-effect adjustment from adoption of asc 606
    		    7,502,000         
      gain from sale of marketable securities
    		             
      decrease (increase) in inventories
    		   4,461,000 371,000 -1,658,000 -792,000 -2,654,000  -398,000    
      proceeds from bank deposits
    		   320,025,000          
      investment in bank deposits
    		   -304,065,000    -20,929,000 -1,290,000 -30,653,000    
      decrease in cash and cash equivalents
    		   -4,452,000          
      cash paid during the year for income taxes
    		   3,296,000 6,415,000 14,352,000 1,730,000 2,285,000 3,861,000 967,000    
      gain from sale of available-for-sale marketable securities
    		     -18,000 -1,771,000 -424,000 -124,000 -21,000    
      amortization of premiums, accretion of discounts and accrued interest on available-for-sale marketable securities
    		    1,395,000 1,546,000 1,949,000 2,964,000 2,326,000 2,198,000    
      decrease in trade payables
    		    -884,000 -734,000        
      increase in other payables and accrued expenses and other long-term liabilities
    		    419,000 -8,753,000 8,855,000 7,146,000 3,767,000 5,941,000    
      excess tax deficiency from stock-based compensation stock options
    		             
      proceeds from (investment in) other long-term assets
    		    40,000  -53,000       
      proceeds from (investment in) bank deposits
    		    -71,002,000 -37,200,000 31,295,000       
      purchase of available-for-sale marketable securities
    		    -47,455,000 -24,595,000 -16,219,000 -44,063,000 -35,149,000 -32,066,000    
      proceeds from maturity of available-for-sale marketable securities
    		    41,783,000 20,075,000 17,205,000 29,390,000 17,951,000     
      proceeds from redemption of available-for-sale marketable securities
    		     863,000 5,535,000 10,393,000 5,328,000     
      excess tax deficiency from stock-based compensation
    		             
      excess tax deficiency (benefit) from stock-based compensation stock options
    		      547,000       
      investment in other long-term assets
    		     -6,000        
      excess tax (deficiency) benefit from stock-based compensation
    		      -547,000       
      purchase of an intangible asset
    		             
      increase in trade receivables
    		       -726,000 -6,356,000     
      tax benefit related to exercise of stock options
    		       -1,443,000 -2,186,000     
      investment in (proceeds from) other long-term assets
    		       34,000 11,000 -13,000    
      purchase of intangible asset
    		       -1,375,000      
      payment for acquisition of subsidiary, net of cash acquired
    		        -8,126,000     
      excess tax benefit from stock-based compensation
    		       1,443,000 2,186,000 -372,000    
      decrease in accrued severance pay
    		        -74,000 -165,000    
      increase in inventories
    		        -1,569,000     
      repurchase of shares
    		        -7,902,000     
      net cash provided (used) by financing activities
    		        -194,000 11,028,000    
      proceeds from redemption and maturity of available-for-sale marketable securities
    		         12,183,000    
      risk free interest rate
    		          1,230   
      dividend yields
    		             
      expected volatility
    		          38,000   
      weighted-average expected term from grant date
    		          3,440   
      contractual obligations
    		             
      operating leases
    		          2,301,000   
      total contractual cash obligations
    		          2,301,000   
      assets
    		             
      current assets:
    		             
      cash and cash equivalents
    		           16,097,000  
      short-term bank deposits
    		             
      marketable securities
    		           36,177,000  
      trade receivables
    		           8,695,000  
      other accounts receivable and prepaid expenses
    		           1,152,000  
      inventories
    		           2,988,000  
      total current assets
    		           65,109,000  
      long-term investments:
    		             
      long-term bank deposits
    		           59,079,000  
      long-term marketable securities
    		           13,948,000  
      severance pay fund
    		           1,107,000  
      total long-term investments
    		           74,134,000  
      property and equipment
    		           3,644,000  
      security deposits
    		           111,000  
      total assets
    		           142,998,000  
      liabilities and shareholders’ equity
    		             
      current liabilities:
    		             
      trade payables
    		           2,612,000  
      deferred revenues
    		           5,290,000  
      other accounts payable and accrued expenses
    		           6,517,000  
      total current liabilities
    		           14,419,000  
      accrued severance pay
    		           1,191,000  
      minority interest
    		           31,000  
      total liabilities
    		           15,641,000  
      commitments and contingencies
    		             
      shareholders’ equity:
    		             
      share capital
    		             
      ordinary shares of nis 0.1 par value:
    		             
      authorized – 30,000,000 shares at december 31, 2002 and 2001; issued – 17,046,814 and 16,520,836 shares at december 31, 2002 and 2001, respectively; outstanding – 17,014,114 and 16,520,836 shares at december 31, 2002 and 2001, respectively
    		           424,000  
      additional paid-in capital
    		           132,005,000  
      treasury stock
    		           -254,000  
      deferred stock compensation
    		           -98,000  
      accumulated other comprehensive income
    		           89,000  
      accumulated deficit
    		           -4,809,000  
      total shareholders’ equity
    		           127,357,000  
      total liabilities and shareholders’ equity
    		           142,998,000  
      k.
    		             
      l.
    		             
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.