Exhibit 99.1

CONSOLIDATED BALANCE SHEETS

U.S. dollars in thousands

	June 30,		June 30,
	2017		2017
	Unaudited – As reported		Unaudited – Proforma (1)
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	1,461	$	1,861
Restricted cash		416		416
Restricted marketable securities		-		-
Trade receivables, net		2,907		2,907
Other accounts receivable and prepaid expenses		477		477
Total current assets		5,261		5,661
LONG-TERM ASSETS:
Severance pay fund		804		804
PROPERTY AND EQUIPMENT, NET		191		191
OTHER ASSETS:
Goodwill		3,479		3,479
Other intangible assets, net		52		52
Total other assets		3,531		3,531
Total assets	$	9,787	$	10,187

 _______________________

(1) As adjusted to reflect the conversion of approximately $1.2 million of debt held by former Vexigo shareholders into warrants and the sale of 602,409 ordinary shares at $0.664 per share, and the receipt of $400,000 in proceeds, both in August 2017.

CONSOLIDATED BALANCE SHEETS

U.S. dollars in thousands (except share and per share data)

	June 30,			June 30,
	2017			2017
	Unaudited – As reported			Unaudited – Proforma (1)
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Trade payables	$	2,844		$	2,844
Deferred revenues		1,638			1,638
Accrued expenses and other liabilities		1,740			1,740
Liabilities related to Vexigo acquisition		1,216			-
Liabilities of discontinued operations		132			132
Total current liabilities		7,570			6,354
LONG-TERM LIABILITIES
Accrued severance pay		1,024			1,024
Deferred tax liability		166			166
Total long-term liabilities		1,190			1,190
COMMITMENTS AND CONTINGENT LIABILITIES
SHAREHOLDERS' EQUITY:
Share capital		24			26
Additional paid-in capital		26,539			28,153
Treasury shares		(29	)		(29	)
Accumulated other comprehensive income		5			5
Accumulated deficit		(25,512	)		(25,512	)
Total shareholders' equity		1,027			2,643
Total liabilities and shareholders' equity	$	9,787		$	10,187

_______________________

(1) As adjusted to reflect the conversion of approximately $1.2 million of debt held by former Vexigo shareholders into warrants and the sale of 602,409 ordinary shares at $0.664 per share, and the receipt of $400,000 in proceeds, both in August 2017.