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INTERIM CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues:        
Revenues $ 17,494 $ 20,575 $ 35,063 $ 41,862
Cost of revenues 1,988 1,608 3,960 3,304
Gross profit 15,506 18,967 31,103 38,558
Operating expenses:        
Research and development, net 11,843 10,509 23,859 20,382
Sales and marketing 3,399 3,427 6,575 6,365
General and administrative 2,833 2,552 5,787 4,677
Amortization of intangible assets 92 309 451 618
Total operating expenses 18,167 16,797 36,672 32,042
Operating income (loss) (2,661) 2,170 (5,569) 6,516
Financial income, net 777 755 1,704 1,326
Income (loss) before taxes on income (1,884) 2,925 (3,865) 7,842
Income taxes expense (benefit) 206 (983) 407 (173)
Net income $ (2,090) $ 3,908 $ (4,272) $ 8,015
Basic net income (loss) per share $ (0.09) $ 0.18 $ (0.19) $ 0.37
Diluted net income (loss) per share $ (0.09) $ 0.17 $ (0.19) $ 0.36
Weighted-average shares used to compute net income (loss) per share (in thousands):        
Basic 22,129 21,712 22,139 21,556
Diluted 22,129 22,563 22,139 22,376
Licensing and Related Revenue        
Revenues:        
Revenues $ 10,038 $ 10,337 $ 20,121 $ 19,872
Royalties        
Revenues:        
Revenues $ 7,456 $ 10,238 $ 14,942 $ 21,990