RADCOM (Nasdaq: RDCM) Q2 revenue falls 33%, keeps 2026 outlook and plans buyback
Rhea-AI Filing Summary
RADCOM Ltd. reported second-quarter 2026 revenues of $11.8 million, a 33.4% decline from $17.7 million a year earlier, mainly due to customer deployment delays tied to higher component costs and supply constraints. The quarter showed a GAAP net loss of $3.1 million (loss per diluted share of $0.18) versus net income of $2.4 million in the prior-year quarter.
For the first six months of 2026, revenues were $30.3 million versus $34.2 million in 2025, with a small GAAP net loss of $37 thousand. Non-GAAP net loss in Q2 was $1.5 million compared with non-GAAP net income of $4.2 million a year earlier. The company ended the quarter with $109.7 million in cash, cash equivalents and short-term bank deposits and no debt, and total shareholders’ equity of $117.4 million.
RADCOM reaffirmed its 2026 revenue outlook of $57–$63 million (midpoint $60 million) and expects to remain profitable on a non-GAAP basis for 2026 and to return to double-digit percentage revenue growth in 2027. After quarter-end, it secured three contracts, including two new customers. The board and management also moved to establish a $20–$25 million share repurchase program, subject to required steps and approvals.
Positive
- 2026 revenue guidance reaffirmed at $57–$63 million, with a midpoint of $60 million, and management expects to remain profitable on a non-GAAP basis for 2026 and return to double-digit percentage revenue growth in 2027.
- RADCOM ended the quarter with $109.7 million in cash, cash equivalents and short-term deposits and no debt, supporting continued investment and capital returns.
- Board and management initiated steps for a $20–$25 million share repurchase program, signaling an intention to return capital to shareholders, subject to completion of required steps and approvals.
- After quarter-end the company secured three contracts, including two new customers (one a Tier-1 competitive displacement) and one renewal, supporting its view that demand and competitive position remain intact.
Negative
- Second-quarter 2026 revenues declined 33.4% year over year to $11.8 million from $17.7 million, driven by deployment delays at some customers.
- RADCOM posted a GAAP net loss of $3.1 million in Q2 2026 versus net income of $2.4 million in Q2 2025, and a non-GAAP net loss of $1.5 million versus non-GAAP net income of $4.2 million.
Key Figures
Key Terms
non-GAAP financial
competitive displacement financial
AIOps technical
agentic AI technical
operating lease right-of-use assets financial
Earnings Snapshot
Full-year 2026 revenue outlook of $57–$63 million (midpoint $60 million); expects non-GAAP profitability in 2026 and return to double-digit percentage revenue growth in 2027.
FAQ
How did RADCOM (RDCM) perform financially in the second quarter of 2026?
What is RADCOM (RDCM)'s revenue outlook for full-year 2026?
What is RADCOM (RDCM)'s cash position and debt level as of June 30, 2026?
What new contracts did RADCOM (RDCM) secure after the second quarter of 2026?
How did RADCOM (RDCM)'s profitability change on a non-GAAP basis?
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month of August 2026 (Report No. 2)
Commission File Number: 0-29452
RADCOM LTD.
(Translation of registrant’s name into English)
24 Raoul Wallenberg Street, Tel Aviv 69719, Israel
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F ☒ Form:40-F ☐
THE GAAP FINANCIAL STATEMENTS INCLUDED IN EXHIBIT 99.1 TO THIS FORM 6-K OF THE REGISTRANT ARE HEREBY INCORPORATED BY REFERENCE INTO THE REGISTRANT’S REGISTRATION STATEMENTS ON FORM S-8 (REGISTRATION STATEMENT NOS. 333-190207, 333-195465, 333-203087, 333-211628, 333-215591, 333-260997, 333-270983 AND 333-276692), AND SHALL BE A PART THEREOF FROM THE DATE ON WHICH THIS REPORT IS FILED, TO THE EXTENT NOT SUPERSEDED BY DOCUMENTS OR REPORTS SUBSEQUENTLY FILED OR FURNISHED.
CONTENTS
This report on Form 6-K of the registrant consists of the contents above and the following document, which is attached hereto and incorporated by reference herein:
| Exhibit 99.1 | Press release, dated August 12, 2026, reporting the Registrant’s Second Quarter of 2026 Results |
1
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| RADCOM LTD. | ||
| Date: August 12, 2026 | By: | /s/ Hod Cohen |
| Name: | Hod Cohen | |
| Title: | Chief Financial Officer | |
2
Exhibit 99.1
RADCOM Reports Second Quarter 2026 Results
2026 revenue guidance unchanged from the July 30 preliminary announcement
Three contracts secured after quarter-end, two new customers, including a competitive displacement, and one renewal
Board and management move to establish a $20 to $25 million share repurchase program
TEL AVIV, Israel – August 12, 2026 – RADCOM Ltd. (Nasdaq: RDCM) today announced financial results for the second quarter ended June 30, 2026.
Total revenues for the quarter were $11.8 million, down 33.4% from $17.7 million in the second quarter of 2025. As previously announced on July 30, 2026, second-quarter revenue was affected by deployment delays at some customers, as higher component costs and supply constraints slowed the buildout of the infrastructure required to deploy RADCOM’s solution and delayed customer purchasing decisions.
RADCOM views these delays as timing-related rather than a change in demand. The Company remained profitable on a non-GAAP basis for the first six months of 2026 and ended the second quarter with $109.7 million in cash, cash equivalents and short-term bank deposits, and no debt.
In the weeks following the close of the quarter, RADCOM secured three contracts, two with new customers and one renewal with an existing customer. As announced yesterday, RADCOM won a multi-year contract with new customer CETIN Networks in Slovakia to deploy end-to-end, AI-driven assurance across its mobile network, from the radio access network (RAN) to the core. CETIN Networks in Slovakia is part of CETIN International and the wider e& PPF Telecom Group, which together serve more than 12 million customers across four countries. The contract provides RADCOM with a potential foundation to expand across the broader group over time.
In Asia-Pacific, RADCOM won a new Tier-1 customer through a competitive request for proposal (RFP), displacing the long-standing incumbent. Modest in size, the win serves as a reference that positions the Company to compete for a larger, network-wide opportunity at the same operator.
RADCOM also renewed a contract with an existing European customer for RADCOM Network Visibility. These contracts closed just weeks after the quarter ended, underscoring the dynamic behind the second-quarter results: in operator deals, timing shifts, but demand and RADCOM’s competitive position do not.
“Demand for our solutions remains robust, and our customer relationships are strong; none of the delayed deployments were cancelled or lost to competition,” said Benny Eppstein, RADCOM’s Chief Executive Officer. “We expect to return to double-digit percentage revenue growth in 2027. With a strong balance sheet and no debt, we can continue investing in our RADCOM ACE platform and agentic AI roadmap through this period, positioning us to grow the business and build shareholder value.”
Second Quarter of 2026 Financial Highlights:
| ● | Total revenues for the second quarter of 2026 were $11.8 million, down 33.4% year over year from $17.7 million in the second quarter of 2025. |
| ● | GAAP operating loss for the second quarter of 2026 was $3.8 million, or (31.9)% of revenue, compared to GAAP operating income of $1.7 million, or 9.9% of revenue, for the second quarter of 2025. |
| ● | Non-GAAP operating loss for the second quarter of 2026 was $2.2 million, or (18.5)% of revenue, compared to non-GAAP operating income of $3.4 million, or 19.5% of revenue, for the second quarter of 2025. |
| ● | GAAP net loss for the second quarter of 2026 was $3.1 million, or ($0.18) per diluted share, compared to GAAP net income of $2.4 million, or $0.15 per diluted share, for the second quarter of 2025. |
| ● | Non-GAAP net loss for the second quarter of 2026 was $1.5 million, or ($0.09) per diluted share, compared to non-GAAP net income of $4.2 million, or $0.25 per diluted share, for the second quarter of 2025. |
| ● | Cash flow in the second quarter of 2026 was $1.3 million. As of June 30, 2026, the Company had cash, cash equivalents and short-term bank deposits of $109.7 million and no debt. |
First Six Months of 2026 Financial Highlights:
| ● | Total revenues for the first six months of 2026 were $30.3 million, compared to $34.2 million in the first six months of 2025, a decline of 11.4% year over year. |
| ● | GAAP operating loss for the first six months of 2026 was $1.6 million, or (5.2)% of revenue, compared to GAAP operating income of $3.2 million, or 9.3% of revenue, for the first six months of 2025. |
| ● | Non-GAAP operating income for the first six months of 2026 was $1.6 million, or 5.1% of revenue, compared to non-GAAP operating income of $6.6 million, or 19.2% of revenue, for the first six months of 2025. |
| ● | GAAP net loss for the first six months of 2026 was $0.04 million, or $0.00 per diluted share compared to GAAP net income of $4.9 million, or $0.29 per diluted share, for the first six months of 2025. |
| ● | Non-GAAP net income for the first six months of 2026 was $3.2 million, or $0.19 per diluted share, compared to non-GAAP net income of $8.3 million, or $0.50 per diluted share, for the first six months of 2025. |
2
Recent Highlights:
| ● | Three contracts secured after the close of the second quarter: RADCOM won a multi-year contract with new customer CETIN Networks in Slovakia to deploy end-to-end, AI-driven assurance across its mobile network, from the RAN to the core. RADCOM will replace the incumbent assurance provider and support CETIN’s transition to 5G Standalone and a cloud-native core. CETIN Networks in Slovakia is part of CETIN International and the wider e& PPF Telecom Group, which together serve more than 12 million customers across four countries, providing RADCOM with a potential foundation to expand across the broader group over time. |
| ● | Won a competitive RFP with a new Tier-1 customer in Asia-Pacific, displacing the long-standing incumbent; and a renewal with an existing European customer for RADCOM Network Visibility. |
| ● | Launched RADCOM ADM (Analytics Designer Module), a new module of the RADCOM ACE platform powered by the RADCOM RASE real-time adaptive streaming engine. The module allows operators to define, configure, and deploy datasets, key performance indicators (KPIs), and alarms in real time without vendor engagement or service interruption, cutting analytics change cycles from months to same-day deployment. |
Outlook
RADCOM reaffirms its full-year 2026 revenue outlook of $57 to $63 million, with a midpoint of $60 million, as announced on July 30, 2026. The Company expects to remain profitable on a non-GAAP basis in 2026 and to return to double-digit percentage revenue growth in 2027.
Share Repurchase Program
RADCOM also announced that its Board of Directors and management have decided to move forward with the required steps to establish a share repurchase program of $20 to $25 million. The Company has already initiated this process and intends to complete it as quickly as permitted under applicable regulations. After and subject to the completion of the required steps and the necessary approvals, RADCOM will proceed with the buyback.
“We remain confident in RADCOM’s long-term prospects, and we believe repurchasing our shares is a compelling use of capital at current valuation levels,” said Benny Eppstein, RADCOM’s Chief Executive Officer. “With $109.7 million in cash, cash equivalents and short-term bank deposits, and no debt, we can return capital to shareholders while continuing to invest in our platform and our AI roadmap.”
Conference Call and Webcast
RADCOM’s management will host an interactive conference call on Wednesday, August 12, 2026, at 8:00 a.m. Eastern Time (3:00 p.m. Israel Time) to discuss the results and answer participants’ questions.
Conference call details:
Date / Time: Wednesday, August 12, 2026, at 8:00 a.m. Eastern Time / 3:00 p.m. Israel Time
USA Toll-Free: 1-866-652-8972
USA Toll-Free (alternate): 1-800-994-4498
Local Access: 03-9180609
Webcast (live and replay): https://www.veidan-conferencing.com/radcom
An archived replay of the call will be available on the RADCOM website following the live event.
###
3
For all investor inquiries, please contact:
Investor Relations:
Rob Fink or Joey Delahoussaye
FNK IR
rdcm@fnkir.com
646-809-4048/312-809-1087
Company Contact:
Hod Cohen
CFO
+972-3-645-5055
hod.cohen@radcom.com
About RADCOM
RADCOM (Nasdaq: RDCM) is a leading provider of advanced, intelligent assurance solutions with integrated AI Operations (AIOps) capabilities. Its flagship platform, RADCOM ACE, harnesses AI-driven analytics and generative AI (GenAI) to improve customer experiences. From lab testing to full-scale deployment, RADCOM utilizes cutting-edge networking technologies to capture and analyze real-time data. Its advanced 5G portfolio delivers end-to-end network observability, from the radio access network (RAN) to the core.
Designed to be open, vendor-neutral, and cloud-agnostic, RADCOM’s solutions drive next-generation network automation, optimization, and efficiency. By leveraging AI-powered intelligence, RADCOM reduces operational costs, enables predictive customer insights, and seamlessly integrates with business support systems (BSS), operations support systems (OSS), and service management platforms. Offering a complete, real-time view of mobile and fixed networks, RADCOM empowers telecom operators to ensure exceptional service quality, enhance user experiences, and build customer-centric networks.
Non-GAAP Information
Certain non-GAAP financial measures are included in this press release. These non-GAAP financial measures are provided to enhance the reader’s overall understanding of the Company’s financial performance. By excluding non-cash stock-based compensation that has been expensed in accordance with ASC Topic 718, financial income (expenses) and amortization of intangible assets related to acquisitions, the Company’s non-GAAP results provide information to both management and investors that is useful in assessing the Company’s core operating performance and in evaluating and comparing the Company’s results of operations on a consistent basis from period to period. These non-GAAP financial measures are also used by management to evaluate financial results and to plan and forecast future periods. The presentation of this additional information is not meant to be considered a substitute for the corresponding financial measures prepared in accordance with GAAP.
4
Risks Regarding Forward-Looking Statements
Certain statements made herein that use words such as “estimate,” “project,” “intend,” “expect,” “believe,” “may,” “might,” “potential,” “anticipate,” “plan,” “will,” “should,” “would,” “forecast,” “guidance,” “outlook,” “target” or similar expressions are intended to identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws. For example, when the Company discusses its full-year 2026 revenue guidance or outlook, its expectation that it will remain profitable on a non-GAAP basis in 2026 and return to double-digit percentage revenue growth in 2027, its view that second-quarter deployment delays are timing-related rather than a change in demand, demand for its solutions, competitive position and the strength of customer relationships, its ability to continue investing in RADCOM ACE and its agentic AI and AI roadmap, its positioning to grow the business and build shareholder value, the expected scope, timing, implementation, benefits, customer transition and expansion potential of the contracts secured after quarter-end, the expected capabilities and benefits of RADCOM ADM, RADCOM RASE and AI-based offerings, the establishment, size, timing, initiation and implementation of its intended share repurchase program and its ability to return capital to shareholders while continuing to invest in its platform and AI roadmap, it is using forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties that could cause the actual results, performance, or achievements of the Company to be materially different from those that may be expressed or implied by such statements, including, among others, changes in general economic and business conditions, including a decline in demand for the Company’s products; delays in customer network deployments and deferrals of customer purchasing decisions; increases in component costs and supply chain constraints affecting the Company’s customers, the Company’s dependence on a limited number of large customers, the risk that actual results differ from the Company’s revenue outlook, growth expectations, non-GAAP profitability expectations or capital-allocation plans; the risk that delayed deployments are not completed on the expected timeline or at all; the risk that the Company does not realize the anticipated scope, timing, implementation, revenue, benefits, customer-transition objectives or expansion opportunities of the contracts secured after quarter-end; the risk that the Company does not establish or complete the intended share repurchase program on the contemplated terms, size or timetable, or at all; risks relating to the timing, amount and price of any repurchases; inability to timely develop and introduce new technologies, products and applications, including AI-based offerings; loss of market share and pressure on prices resulting from competition; and the effects of the conflict in Israel. For additional information regarding these and other risks and uncertainties associated with the Company’s business, reference is made to the Company’s reports filed from time to time with the U.S. Securities and Exchange Commission. The Company does not undertake to revise or update any forward-looking statements for any reason.
5
RADCOM LTD.
Consolidated Statements of Operations
Unaudited
(thousands of U.S. dollars, except share and per share data)
Three months ended | Six months ended June 30, | |||||||||||||||
| 2026 | 2025 | 2026 | 2025 | |||||||||||||
| Revenues | $ | 11,760 | $ | 17,658 | $ | 30,345 | $ | 34,249 | ||||||||
| Cost of revenues | 2,931 | 4,367 | 7,443 | 8,459 | ||||||||||||
| Gross profit | 8,829 | 13,291 | 22,902 | 25,790 | ||||||||||||
| Research and development, gross | 5,781 | 4,964 | 11,399 | 9,713 | ||||||||||||
| Less - royalty-bearing participation | 58 | - | 113 | 25 | ||||||||||||
| Research and development, net | 5,723 | 4,964 | 11,286 | 9,688 | ||||||||||||
| Sales and marketing | 5,313 | 4,936 | 10,148 | 9,800 | ||||||||||||
| General and administrative | 1,550 | 1,651 | 3,048 | 3,100 | ||||||||||||
| Total operating expenses | 12,586 | 11,551 | 24,482 | 22,588 | ||||||||||||
| Operating (loss) income | (3,757 | ) | 1,740 | (1,580 | ) | 3,202 | ||||||||||
| Financial income, net | 805 | 793 | 2,020 | 1,913 | ||||||||||||
| (Loss) income before taxes on income | (2,952 | ) | 2,533 | 440 | 5,115 | |||||||||||
| Taxes on income | 162 | 95 | 477 | 237 | ||||||||||||
| Net (loss) income | $ | (3,114 | ) | $ | 2,438 | $ | (37 | ) | $ | 4,878 | ||||||
| Basic net (loss) income per ordinary share | $ | (0.18 | ) | $ | 0.15 | $ | (* | ) | $ | 0.30 | ||||||
| Diluted net (loss) income per ordinary share | $ | (0.18 | ) | $ | 0.15 | $ | (* | ) | $ | 0.29 | ||||||
| Weighted average number of ordinary shares used in computing basic net (loss) income per ordinary share | 16,837,029 | 16,176,162 | 16,758,575 | 16,095,140 | ||||||||||||
| Weighted average number of ordinary shares used in computing diluted net (loss) income per ordinary share | 16,837,029 | 16,711,789 | 16,758,575 | 16,686,397 | ||||||||||||
(*) Less than $ 0.01
6
RADCOM LTD.
Reconciliation of GAAP to Non-GAAP Financial Information
Unaudited
(thousands of U.S. dollars, except share and per share data)
Three months ended June 30, | Six months ended June 30, | |||||||||||||||
| 2026 | 2025 | 2026 | 2025 | |||||||||||||
| GAAP gross profit | $ | 8,829 | $ | 13,291 | $ | 22,902 | $ | 25,790 | ||||||||
| Stock-based compensation | 90 | 100 | 179 | 199 | ||||||||||||
| Amortization of intangible assets | 56 | 56 | 111 | 111 | ||||||||||||
| Non-GAAP gross profit | $ | 8,975 | $ | 13,477 | $ | 23,192 | $ | 26,100 | ||||||||
| GAAP research and development, net | $ | 5,723 | $ | 4,964 | $ | 11,286 | $ | 9,688 | ||||||||
| Stock-based compensation | 465 | 428 | 948 | 887 | ||||||||||||
| Non-GAAP research and development, net | $ | 5,258 | $ | 4,536 | $ | 10,338 | $ | 8,801 | ||||||||
| GAAP sales and marketing | $ | 5,313 | $ | 4,936 | $ | 10,148 | $ | 9,800 | ||||||||
| Stock-based compensation | 577 | 583 | 1,113 | 1,205 | ||||||||||||
| Amortization of intangible assets | 29 | 28 | 58 | 57 | ||||||||||||
| Non-GAAP sales and marketing | $ | 4,707 | $ | 4,325 | $ | 8,977 | $ | 8,538 | ||||||||
| GAAP general and administrative | $ | 1,550 | $ | 1,651 | $ | 3,048 | $ | 3,100 | ||||||||
| Stock-based compensation | 370 | 501 | 733 | 921 | ||||||||||||
| Non-GAAP general and administrative | $ | 1,180 | $ | 1,150 | $ | 2,315 | $ | 2,179 | ||||||||
| GAAP total operating expenses | $ | 12,586 | $ | 11,551 | $ | 24,482 | $ | 22,588 | ||||||||
| Stock-based compensation | 1,412 | 1,512 | 2,794 | 3,013 | ||||||||||||
| Amortization of intangible assets | 29 | 28 | 58 | 57 | ||||||||||||
| Non-GAAP total operating expenses | $ | 11,145 | $ | 10,011 | $ | 21,630 | $ | 19,518 | ||||||||
| GAAP operating (loss) income | $ | (3,757 | ) | $ | 1,740 | $ | (1,580 | ) | $ | 3,202 | ||||||
| Stock-based compensation | 1,502 | 1,612 | 2,973 | 3,212 | ||||||||||||
| Amortization of intangible assets | 85 | 84 | 169 | 168 | ||||||||||||
| Non-GAAP operating (loss) income | $ | (2,170 | ) | $ | 3,436 | $ | 1,562 | $ | 6,582 | |||||||
7
RADCOM LTD.
Reconciliation of GAAP to Non-GAAP Financial Information
Unaudited
(thousands of U.S. dollars,
except share and per share data)
Three months ended June 30, | Six months ended June 30, | |||||||||||||||
| 2026 | 2025 | 2026 | 2025 | |||||||||||||
| GAAP (loss) income before taxes on income | $ | (2,952 | ) | $ | 2,533 | $ | 440 | $ | 5,115 | |||||||
| Stock-based compensation | 1,502 | 1,612 | 2,973 | 3,212 | ||||||||||||
| Amortization of intangible assets | 85 | 84 | 169 | 168 | ||||||||||||
| Financial income, net | 23 | 21 | 109 | 27 | ||||||||||||
| Non-GAAP (loss) income before taxes on income | $ | (1,342 | ) | $ | 4,250 | $ | 3,691 | $ | 8,522 | |||||||
| GAAP net (loss) income | $ | (3,114 | ) | $ | 2,438 | $ | (37 | ) | $ | 4,878 | ||||||
| Stock-based compensation | 1,502 | 1,612 | 2,973 | 3,212 | ||||||||||||
| Amortization of intangible assets | 85 | 84 | 169 | 168 | ||||||||||||
| Financial income, net | 23 | 21 | 109 | 27 | ||||||||||||
| Non-GAAP net (loss) income | $ | (1,504 | ) | $ | 4,155 | $ | 3,214 | $ | 8,285 | |||||||
| GAAP net (loss) income per diluted share | $ | (0.18 | ) | $ | 0.15 | (* | ) | $ | 0.29 | |||||||
| Stock-based compensation | 0.09 | 0.10 | 0.17 | 0.20 | ||||||||||||
| Amortization of intangible assets | (* | ) | (* | ) | 0.01 | 0.01 | ||||||||||
| Financial income, net | (* | ) | (* | ) | (* | ) | (* | ) | ||||||||
| Non-GAAP net (loss) income per diluted share | $ | (0.09 | ) | $ | 0.25 | $ | 0.19 | $ | 0.50 | |||||||
| Weighted average number of shares used to compute diluted net (loss) income per share | 16,837,029 | 16,711,789 | 17,186,135 | 16,686,397 | ||||||||||||
(*) Less than $ 0.01
8
RADCOM LTD.
Consolidated Balance Sheets
(Unaudited)
(thousands of U.S. dollars)
| As of | As of | |||||||
June 30, 2026 | December 31, 2025 | |||||||
| Current Assets | ||||||||
| Cash and cash equivalents | $ | 12,609 | $ | 30,486 | ||||
| Short-term bank deposits | 97,093 | 79,437 | ||||||
| Trade receivables, net | 21,558 | 20,245 | ||||||
| Inventories | 674 | 318 | ||||||
| Other accounts receivable and prepaid expenses | 2,457 | 2,036 | ||||||
| Total Current Assets | 134,391 | 132,522 | ||||||
| Non-Current Assets | ||||||||
| Severance pay fund | 3,381 | 3,431 | ||||||
| Other long-term receivables | 3,001 | 2,866 | ||||||
| Property and equipment, net | 1,270 | 988 | ||||||
| Operating lease right-of-use assets | 2,411 | 2,898 | ||||||
| Goodwill and intangible assets, net | 2,099 | 2,269 | ||||||
| Total Non-Current Assets | 12,162 | 12,452 | ||||||
| Total Assets | $ | 146,553 | $ | 144,974 | ||||
| Liabilities and Shareholders’ Equity | ||||||||
| Current Liabilities | ||||||||
| Trade payables | $ | 3,657 | $ | 2,632 | ||||
| Deferred revenues and advances from customers | 1,163 | 1,100 | ||||||
| Employee and payroll accruals | 5,666 | 7,325 | ||||||
| Operating lease liabilities | 1,191 | 1,099 | ||||||
| Other liabilities and accrued expenses | 9,996 | 10,872 | ||||||
Total Current Liabilities | 21,673 | 23,028 | ||||||
| Non-Current Liabilities | ||||||||
| Accrued severance pay | 4,708 | 4,790 | ||||||
| Operating lease liabilities | 1,662 | 2,135 | ||||||
| Other liabilities and accrued expenses | 1,083 | 916 | ||||||
| Total Non-Current Liabilities | 7,453 | 7,841 | ||||||
| Total Liabilities | $ | 29,126 | $ | 30,869 | ||||
| Shareholders’ Equity | ||||||||
| Share capital | $ | 830 | $ | 809 | ||||
| Additional paid-in capital | 170,440 | 167,172 | ||||||
| Accumulated other comprehensive loss | (2,852 | ) | (2,923 | ) | ||||
| Accumulated deficit | (50,991 | ) | (50,953 | ) | ||||
| Total Shareholders’ Equity | 117,427 | 114,105 | ||||||
Total Liabilities and Shareholders’ Equity | $ | 146,553 | $ | 144,974 | ||||
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