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Interim Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 29,510 $ 33,153
Short-term bank deposits 6,062 31,410
Marketable securities 100,701 90,298
Trade receivables (net of allowance for credit losses of $288 as of September 30, 2022 and December 31, 2021) 26,763 27,449
Prepaid expenses and other current assets 8,133 6,670
Total current assets 171,169 188,980
Long-term assets:    
Bank deposits 8,128 0
Severance pay fund 8,431 10,175
Deferred tax assets, net 4,669 15,850
Property and equipment, net 7,370 6,765
Operating lease right-of-use assets 8,116 8,827
Goodwill 74,777 74,777
Intangible assets, net 7,549 14,607
Investments in marketable equity securities 648 2,919
Other long-term assets 3,957 5,759
Total long-term assets 123,645 139,679
Total assets 294,814 328,659
Current liabilities:    
Trade payables 1,721 1,464
Deferred revenues 3,540 8,661
Accrued expenses and other payables 5,941 4,030
Accrued payroll and related benefits 14,625 18,011
Operating lease liabilities 2,235 3,274
Total current liabilities 28,062 35,440
Long-term liabilities:    
Accrued severance pay 9,018 10,551
Operating lease liabilities 4,940 5,130
Other accrued liabilities 497 806
Total long-term liabilities 14,455 16,487
Stockholders’ equity:    
Preferred Stock: $0.001 par value: 5,000,000 shares authorized; none issued and outstanding 0 0
Common Stock: $0.001 par value: 45,000,000 shares authorized; 23,595,160 shares issued at September 30, 2022 and December 31, 2021. 23,187,495 and 22,984,552 shares outstanding at September 30, 2022 and December 31, 2021, respectively 23 23
Additional paid in-capital 239,445 235,386
Treasury stock at cost (407,665 and 610,608 shares of common stock at September 30, 2022 and December 31, 2021, respectively) (10,633) (13,790)
Accumulated other comprehensive loss (6,761) (372)
Retained earnings 30,223 55,485
Total stockholders’ equity 252,297 276,732
Total liabilities and stockholders’ equity $ 294,814 $ 328,659