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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash flows from operating activities:    
Net loss $ (1,587) $ (2,041)
Adjustments required to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation 722 869
Equity-based compensation expenses related to employees’ stock options, SARs and RSUs 3,965 3,359
Realized losses from sale of marketable securities, net 43 37
Capital loss from sale and disposal of property and equipment 35
Amortization of intangible assets 208 850
Operating lease amortization expenses 950
Change in operating lease liability (437)
Accrued interest and amortization of premium on marketable securities and deposits 24 356
Change in operating assets and liabilities:    
Deferred income tax assets and liabilities, net (1,315) (268)
Trade receivables, net (3,678) (3,234)
Other accounts receivable and prepaid expenses 414 (47)
Inventories 624 1,030
Long-term prepaid expenses and lease deposits 80 (78)
Trade payables (1,720) 1,195
Accrued compensation and benefits 497 317
Income tax accruals 507 (59)
Accrued expenses and other accounts payable 119 (167)
Accrued severance pay, net (67)
Accrued pensions 17 19
Net cash provided by (used in) operating activities (532) 2,071
Cash flows from investing activities:    
Purchase of marketable securities (16,543) (14,379)
Purchase of short-term deposits (3,000) (3,000)
Proceeds from maturity of marketable securities 13,555 8,455
Proceeds from sales of marketable securities 4,988 4,810
Proceeds from redemption of short-term deposits 5,974 3,000
Proceeds from sale of fixed assets 23
Purchases of property and equipment (3,892) (778)
Other investing activities (104)
Net cash provided by (used in) investing activities 1,105 (1,996)
Cash flows from financing activities:    
Issuance of common stock and treasury stock upon exercise of stock options 1,097 442
Purchase of treasury stock (5,691)
Net cash provided by (used in) financing activities 1,097 (5,249)
Increase (decrease) in cash and cash equivalents 1,670 (5,174)
Cash and cash equivalents at the beginning of the year 12,639 21,848
Erosion due to exchange rate differences (23) (25)
Cash and cash equivalents at the end of the year $ 14,286 $ 16,649