RADCOM (RDCM) 20-F 30 Mar 17 2016 FY Annual report (foreign) Financial data

Document and Entity Information

Document and Entity Information	12 Months Ended
	Dec. 31, 2016shares
Document and Entity Information [Abstract]
Document Type	20-F
Amendment Flag	false
Document Period End Date	Dec. 31, 2016
Entity Registrant Name	RADCOM LTD
Entity Central Index Key	1,016,838
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	FY
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding	11,586,228
Entity Well-known Seasoned Issuer	No
Entity Current Reporting Status	Yes

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
CURRENT ASSETS:
Cash and cash equivalents	$ 42,886	$ 8,727
Restricted bank deposit	32	32
Trade receivables (net of allowances for doubtful accounts amounted to $9 and $0 as of December 31, 2016, and 2015, respectively)	4,388	3,684
Inventories	623	1,532
Other accounts receivable and prepaid expenses	1,960	2,087
Total current assets	49,889	16,062
SEVERANCE PAY FUND	2,788	3,181
OTHER LONG -TERM RECEIVABLES	375	508
PROPERTY AND EQUIPMENT, NET	1,516	384
Total assets	54,568	20,135
CURRENT LIABILITIES:
Trade payables	2,820	1,465
Employees and payroll accruals	3,541	2,533
Deferred revenues and advances from customers	2,593	931
Other accounts payable and accrued expenses	2,081	1,490
Total current liabilities	11,035	6,419
NON- CURRENT LIABILITIES:
Deferred revenues	123	197
Accrued severance pay	3,267	3,656
Total non-current liabilities	3,390	3,853
Total liabilities	14,425	10,272
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS' EQUITY:
Share capital: Ordinary Shares of NIS 0.20 par value: Authorized: 20,000,000 shares at December 31, 2016 and 2015; 11,622,260 and 8,674,717 shares issued and 11,586,228 and 8,638,685 shares outstanding at December 31, 2016 and 2015, respectively	523	372
Additional paid-in capital	98,283	70,270
Accumulated other comprehensive loss	(2,559)	(2,760)
Accumulated deficit	(56,104)	(58,019)
Total shareholders' equity	40,143	9,863
Total liabilities and shareholders' equity	$ 54,568	$ 20,135

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) $ in Thousands	Dec. 31, 2016USD ($)shares	Dec. 31, 2016₪ / shares	Dec. 31, 2015USD ($)shares	Dec. 31, 2015₪ / shares
Statement of Financial Position [Abstract]
Trade receivables, allowances for doubtful accounts | $	$ 9		$ 0
Ordinary Shares, par value per share | ₪ / shares		₪ 0.20		₪ 0.20
Ordinary Shares, shares authorized	20,000,000		20,000,000
Ordinary Shares, shares issued	11,622,260		8,674,717
Ordinary Shares, shares outstanding	11,586,228		8,638,685

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Revenues:
Products and relative services	$ 8,642	$ 15,500	$ 18,342
Projects	17,534	622	2,205
Warranty and Support	3,334	2,551	3,089
Total revenues	29,510	18,673	23,636
Cost of revenues:
Products and related services	5,603	3,924	7,863
Projects	2,902	117	487
Warranty and Support	477	285	343
Total cost of revenues	8,982	4,326	8,693
Gross profit	20,528	14,347	14,943
Operating expenses:
Research and development	8,047	6,071	5,812
Less - royalty-bearing participation	1,693	1,582	1,664
Research and development, net	6,354	4,489	4,148
Selling and marketing, net	8,528	7,834	7,295
General and administrative	4,523	2,393	2,262
Total operating expenses	19,405	14,716	13,705
Operating income (loss)	1,123	(369)	1,238
Financial income (expenses), net	816	(433)	(332)
Income (loss) before taxes on income	1,939	(802)	906
Taxes on income	(24)	(121)	(180)
Net income (loss)	$ 1,915	$ (923)	$ 726
Net profit (loss) per share:
Basic net income (loss) per Ordinary Share	$ 0.18	$ (0.11)	$ 0.09
Diluted net income (loss) per Ordinary Share	$ 0.18	$ (0.11)	$ 0.08
Weighted average number of Ordinary Share used in computing basic net income (loss) per share	10,406,897	8,572,681	8,088,974
Weighted average number of Ordinary Share used in computing diluted net income (loss) per share	10,779,547	8,572,681	8,592,387

CONSOLIDATED STATMENTS OF COMPR

CONSOLIDATED STATMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 1,915	$ (923)	$ 726
Other comprehensive income (loss):
Foreign currency translation adjustments	201	(1,698)	(257)
Total other comprehensive income (loss)	2,116	(1,698)	(257)
Comprehensive income (loss)	$ 2,116	$ (2,621)	$ 469

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($) $ in Thousands	Share capital [Member]		Additional Paid-in Capital [Member]	Accumulated other comprehensive loss [Member]	Accumulated deficit [Member]	Total
Balance at Dec. 31, 2013	$ 335		$ 65,791	$ (805)	$ (57,822)	$ 7,499
Balance, shares at Dec. 31, 2013	7,911,308
Share-based compensation and RSUs			579			579
Exercise of warrants into Ordinary Shares		[1]	21			21
Exercise of warrants into Ordinary Shares, shares	5,974
Exercise of options into Ordinary Shares	$ 26		1,668			1,694
Exercise of options into Ordinary Shares, shares	493,993
Net income					726	726
Other comprehensive loss				(257)		(257)
Balance at Dec. 31, 2014	$ 361		68,059	(1,062)	(57,096)	$ 10,262
Balance, shares at Dec. 31, 2014	8,411,275					8,411,275
Share-based compensation and RSUs			1,409			$ 1,409
Exercise of warrants into Ordinary Shares	$ 1		79			$ 80
Exercise of warrants into Ordinary Shares, shares	22,921					22,921
Exercise of options into Ordinary Shares	$ 9		724			$ 733
Exercise of options into Ordinary Shares, shares	185,989
RSUs vested	$ 1		(1)
RSUs vested, shares	18,500
Net income					(923)	(923)
Other comprehensive loss				(1,698)		(1,698)
Balance at Dec. 31, 2015	$ 372		70,270	(2,760)	(58,019)	$ 9,863
Balance, shares at Dec. 31, 2015	8,638,685					8,638,685
Issuance of Ordinary Shares, net of issuance costs of $1,721, upon follow-on public offering	$ 108		21,171			$ 21,279
Issuance of Ordinary Shares, net of issuance costs of $1,721, upon follow-on public offering, shares	2,090,909
Share-based compensation and RSUs			2,471			2,471
Exercise of warrants into Ordinary Shares	$ 16		1,069			$ 1,085
Exercise of warrants into Ordinary Shares, shares	310,985					310,985
Exercise of options into Ordinary Shares	$ 25		3,304			$ 3,329
Exercise of options into Ordinary Shares, shares	508,149
RSUs vested	$ 2		(2)
RSUs vested, shares	37,500
Net income					1,915	1,915
Other comprehensive loss				201		2,116
Balance at Dec. 31, 2016	$ 523		$ 98,283	$ (2,559)	$ (56,104)	$ 40,143
Balance, shares at Dec. 31, 2016	11,586,228					11,586,228
[1]	Represents an amount lower than $1.

CONSOLIDATED STATEMENTS OF CHA7

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (Parenthetical) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)
Statement of Stockholders' Equity [Abstract]
Private placement issuance expenses	$ 1,721

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Cash flows from operating activities:
Net income (loss)	$ 1,915	$ (923)	$ 726
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Depreciation	286	123	87
Share-based compensation and RSUs	2,471	1,409	579
Change in:
Severance pay, net	4	73	(7)
Trade receivables, net	(329)	1,053	61
Other account receivables and prepaid expenses	524	(1,266)	800
Inventories	794	311	1,379
Trade payables	1,273	(278)	(705)
Employees and payroll accruals	999	174	276
Other accounts payable and accrued expenses	266	531	584
Deferred revenue and advances from customers	1,248	677	(394)
Net cash provided by operating activities	9,451	1,884	3,386
Cash flows from investing activities:
Maturity of restricted bank deposits			1,477
Purchase of property and equipment	(1,331)	(97)	(65)
Net cash provided by (used in) investing activities	(1,331)	(97)	1,412
Cash flows from financing activities:
Repayment of short-term bank credit, net			(629)
Proceeds from issuance of Ordinary Shares, net of issuance costs upon follow-on public offering	21,279
Exercise of warrants into Ordinary Shares	1,085	80	21
Exercise of options into Ordinary Shares	3,329	733	1,694
Net cash provided by financing activities	25,693	813	1,086
Foreign currency translation adjustments on cash and cash equivalents	346	(721)	(221)
Increase in cash and cash equivalents	34,159	1,879	5,663
Cash and cash equivalents at beginning of year	8,727	6,848	1,185
Cash and cash equivalents at end of year	42,886	8,727	6,848
(a) Non-cash investing activities:
Purchase of property and equipment	81	21	4
(b) Cash paid during the year for:
Interest			13
Taxes on income	$ 24	$ 121	$ 180

GENERAL

GENERAL	12 Months Ended
	Dec. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
GENERAL	NOTE 1: - GENERAL a. RADCOM Ltd. (the "Company") is an Israeli corporation which provides service assurance and customer experience management solutions for Communication Service Providers ("CSP"). The Company's solutions support the CSPs ongoing needs to monitor their networks (fixed and mobile) and assure the delivery of a quality service to their subscribers; both on virtual ("NFV") networks and non-virtual networks. The Company specializes in solutions for next- mobile and fixed networks, including LTE, VoLTE, IMS, VoIP, WiFi, VoWiFi and mobile broadband. The Company's comprehensive, carrier-grade solutions, are designed for big data analytics on terabit networks, and are used to enhance customer care management, network operations, engineering capabilities, network service management, network planning and marketing. The Company's shares In February 2014, the Company's MaveriQ solution, a software probe based solution, which replaced the OmniQ solution, a hardware-based solution, officially launched and sales commenced. Since 2015, the Company enhanced its research and development efforts in developing solutions to support NFV and remove dependencies from proprietary hardware-based devices. The Company has wholly-owned subsidiaries in the United States and Brazil, that are primarily engaged in the sales, marketing, deployment and customer support of the Company's products in North America and Brazil, respectively. The Company has also a wholly owned subsidiary in India, which primarily provides marketing services and customer support services worldwide. b. The Company has an accumulated deficit of $56,104 as of December 31, 2016. In addition, in 2016 the Company generated positive cash flow of $9,451 from its operating activities. The Company believes that its existing capital resources and expected cash flows from operations will be adequate to satisfy its expected liquidity requirements at least for the next 12 months. c. In December 2015, the Company entered to a multi-year sales agreement with Amdocs Software Systems Limited (“Amdocs”) for the resale of MaveriQ to AT&T, a leading North American Tier-1 telecom operator (the “AT&T Engagement”). During 2016 The Company depends on a limited number of contract customers for selling its solution. If these customers become unable or unwilling to continue to buy the Company's solution, it could adversely affect the Company's results of operations and financial position (see also Note 10b3). The loss of any significant customer, a significant decrease in business from any such customer or a reduction in customer revenue due to adverse changes in the market, economic or competitive conditions or other factors could have a material adverse effect on the company’s business, results of operations and financial condition. d. Follow-on Public Offering: On May 4, 2016, a "shelf" registration statement covering the public sale of up to $50,000 of the Company’s Ordinary Shares was declared effective by the U.S. Securities and Exchange Commission ("SEC"). On May 25, 2016, the Company closed its follow-on public offering (as further described in Note 9b) at a price of $11.00 per share. Upon the closing of the follow-on public offering, the Company issued 2,090,909 Ordinary Shares, which included 272,727 Ordinary Shares sold pursuant to the underwriters’ exercise of the overallotment option to purchase additional Ordinary Shares, for a total consideration of approximately $21,279, net of underwriting discounts, commissions and other offering expenses of $1,721 payable by the Company.

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
SIGNIFICANT ACCOUNTING POLICIES	NOTE 2: - SIGNIFICANT ACCOUNTING POLICIES The consolidated financial statements are prepared according to United States generally accepted accounting principles ("U. S. GAAP"). a. Use of estimates: The preparation of the consolidated financial statements in conformity with U.S. GAAP (generally accepted accounting principles) requires management to make estimates, judgments and assumptions. The Company's management believes that the estimates, judgments and assumptions used are reasonable based upon information available at the time they are made. These estimates, judgments and assumptions can affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements, and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. b. Financial statements in U.S. dollars (“$” "dollar" or "dollars"): Most of the revenues of the Company and its subsidiaries, other than its Brazilian subsidiary, are denominated in U.S. dollars. Financing activities are made in U.S. dollars. Therefore, the Company's management believes that the currency of the primary economic environment in which the operations of the Company and these subsidiaries are conducted is the dollar, which is used as the functional currency. Transactions and balances originally denominated in dollars are presented at their original amounts. Transactions and balances in other currencies are re-measured into dollars in accordance with the principles set forth in Statement of Accounting Standards Codification ("ASC") 830, "Foreign Currency Matters". Other than in the Company's subsidiary in Brazil, all exchange gains and losses from re-measurement of monetary balance sheet items denominated in non-dollar currencies are reflected in the consolidated statement of operations when they arise. Amounts in the financial statements representing the dollar equivalent of balances denominated in other currencies do not necessarily represent their real or economic value and such amounts may not necessarily be exchangeable for dollars. For the Company's subsidiary in Brazil, whose functional currency has been determined to be its local currency, assets and liabilities are translated at year-end exchange rates and statements of income items are translated at average exchange rates prevailing during the year. Such translation adjustments are recorded as a separate component of accumulated other comprehensive loss in the shareholders' equity. c. Principles of consolidation: The consolidated financial statements include the financial statements of the Company and its subsidiaries. All intercompany transactions and balances have been eliminated in consolidation. d. Cash and cash equivalents: The Company considers all highly liquid deposit instruments with an original maturity of three months or less at the date of purchase to be cash equivalents. e. Restricted bank deposit: Restricted bank deposits represent restricted cash which is pledged in favor of the bank that provides guarantees to the Company. f. Concentration of credit risk: Financial instruments that may subject the Company to significant concentration of credit risk consist mainly of cash and cash equivalents, severance pay fund and trade receivables. Cash and cash equivalents are maintained with major financial institutions mainly in Israel. Assets held for severance benefits are maintained with major insurance companies and financial institutions in Israel. Such deposits are not insured. However, management believes that such financial institutions are financially sound and, accordingly, low credit risk exists with respect to these investments. The Company grants credit to customers without generally requiring collateral or security. The risk of collection associated with trade receivables is reduced by geographical dispersion of the Company's customer base. The Company establishes an allowance for doubtful accounts based on historical experience, credit quality, the age of the accounts receivable balances and current economic conditions that may affect a customer's ability to pay. During the year ended December 31, 2016, the Company recorded allowance for doubtful accounts of $9. No allowances for doubtful accounts were recorded as of December 31, 2015 g. Inventories: Inventories are stated at the lower of cost or market value. Cost is determined on a "moving average" basis. Inventory write-offs are provided to cover technological obsolescence, excess inventories and discontinued products. Inventory write-off is measured as the difference between the cost of the inventory and market based upon assumptions about future demand, and is charged to the cost of revenues. At the point of the loss recognition, a new, lower-cost basis for that inventory is established, and subsequent changes in facts and circumstances do not result in the restoration or increase in that newly established cost basis. Total inventory write-offs during the years ended December 31, 2016, 2015 and 2014 amounted to $498, $346 and $187, respectively. In addition, following the termination of the agreement that is disclosed in Note 7d, during the year ended December 31, 2014, the Company recorded additional inventory write-off that amounted to $1,005. h. Property and equipment: Property and equipment are stated at cost less accumulated depreciation. Maintenance and repairs are charged to operations as incurred. Depreciation is calculated on the straight-line method over the estimated useful lives of the assets. Annual rates of depreciation are as follows: % Computers and electronic equipment 15 - 33 Office furniture and equipment 6 - 33 Leasehold improvements At the shorter of the lease period or useful life of the leasehold improvement i. Impairment of long-lived assets: The Company's long-lived assets are reviewed for impairment in accordance with ASC 360 "Property, plants and equipment"; whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of an asset to be held and used is assessed by a comparison of the carrying amount of the asset to the future undiscounted cash flows expected to be generated by the asset. If such asset is considered to be impaired, the impairment to be recognized is measured at the amount by which the carrying amount of the asset exceeds its fair value. During the years ended December 31, 2016, 2015 and 2014, no impairment losses were identified. j. Revenue recognition: The Company's revenues are generated mainly from fixed price contracts and from sales of its product solution. The Company's products and solution are sold to customers directly, through resellers and to lesser extent through distributors. Sales through resellers considered final sell per revenue recognition criteria. The Company recognizes its revenue through distributers on a "sale through" basis and therefore revenues from its distributors are deferred until all revenue recognition criteria of the sale to the end customer are met. Product and related services revenues contains software components and non-software components that function together to deliver the product's essential functionality as well as related professional services. As such, revenues from sales of products and related services are recognized in accordance with ASC No. 605, "Revenue Recognition" when persuasive evidence of an agreement exists, delivery of the product has occurred, the fee is fixed or determinable and collectability is reasonably assured. Products are typically considered delivered upon shipment. In instances where final acceptance of the product is specified by the customer, and the acceptance is deemed substantive, revenue is deferred until all acceptance criteria have been met. The Company's arrangements generally do not include any provisions for cancellation, termination, or refunds. The Company also generates sales through independent representatives. These representatives do not hold any of the Company's inventories, and they do not buy products from the Company. The Company invoices the end-user customers directly, collects payment directly and then pays commissions to the representative for the sales in its territory. Revenues in arrangements with multiple deliverables are allocated using the relative selling price method. The selling price for each deliverable is based on vendor-specific objective evidence ("VSOE") if available, third-party evidence ("TPE") if VSOE is not available, or estimated selling price ("ESP") if neither VSOE or TPE is available. The Company determines the ESP by considering several external and internal factors including, but not limited to, pricing history and practices, discounting, margin objectives, and competition. Revenues from fixed price contracts (projects) contains mainly software product which is sold as part of an overall solution offered to the customers that combines the sale of software licenses with services which includes significant customization, modification, implementation and integration. Those services are deemed essential to the software. Thus, revenue is generally recognized over the course of these long-term projects based on ASC 605-35, "Construction-Type and Production-Type Contracts", using the percentage-of-completion method, based on a percentage that incurred labor effort to date bears to total projected labor effort. The amount of revenue recognized is based on the total fees under the arrangement and the percentage of completion achieved. Provisions for estimated losses on uncompleted contracts are made in the period in which such losses are first determined, in the amount of the estimated loss on the entire contact. Under the Company's selling arrangements, the Company generally provides a one-year warranty, which includes bug fixing and a hardware warranty ("Warranty") for all its products. After the Warranty period initially provided with the Company's products ends, the Company may sell extended warranty contracts on a standalone basis, which includes bug fixing and a hardware warranty. Revenues from warranty and support include revenue related to extended warranty contracts which are recognized pursuant to ASC 605-20-25, "Separately Priced Extended Warranty and Product Maintenance Contracts." Pursuant to this provision, revenue related to separately priced product maintenance contracts is deferred and recognized over the term of the maintenance period. Deferred revenues represent unrecognized fees collected for extended warranty services as well as other advances and payments received from customers, for which revenue has not yet been recognized. k. Cost of revenues: Cost of revenues are comprised of cost of third party hardware and software license fees maintenance fees related to such third party hardware and software, employees' salaries and related costs, shipping and handling costs, sub-contractors costs, inventory write-off, indirect taxes, importation taxes as well as non-recurring importation tax write-off l. Share-based compensation: The Company accounts for share-based compensation in accordance with ASC 718 "Compensation — Stock Compensation", which requires companies to estimate the fair value of share-based payment awards on the grant date using an option-pricing model. The Company recognizes compensation expenses for the value of its awards granted based on the accelerated attribution method over the requisite service period of each of the awards, net of estimated forfeitures. The Company elected to early adopt Accounting Standards Update No. 2016-09, Compensation-Stock Compensation (Topic 718): Improvement to Employee Share-based Payment Accounting (ASU 2016-09) issued by the Financial Accounting Standards Board (FASB), which among other items, provides an accounting policy election to account for forfeitures as they occur, rather than to account for them based on an estimate of expected forfeitures. The Company elected to account for forfeitures as they occur and therefore, share-based compensation expense for the year ended December 31, 2016 has been calculated based on actual forfeitures in the Company’s consolidated statements of income. The net cumulative effect of this change is immaterial. The Company selected the Black-Scholes option-pricing model as the most appropriate fair value method for its share-options awards. The option-pricing model requires a number of assumptions, of which the most significant are the expected share price volatility and the expected option term. Expected volatility was calculated based upon actual historical share price movements over the most recent periods ending on the grant date, equal to the expected option term. The expected term was generated by running the Monte Carlo model pursuant to which historical post-vesting forfeitures and suboptimal exercise factor are estimated by using historical option exercise information. The suboptimal exercise factor is the ratio by which the share price must increase over the exercise price before employees are expected to exercise their share options. The expected term of the options granted is derived from the output of the options valuation model and represents the period of time that options granted are expected to be outstanding. The risk-free interest rate is based on the yield from U.S. Treasury zero-coupon bonds with an equivalent term to the expected term of the options. Historically the Company has not paid dividends and in addition has no foreseeable plans to pay dividends, and therefore uses an expected dividend yield of zero in the option pricing model. The fair value for options granted in 2016, 2015 and 2014 is estimated at the date of grant with the following weighted average assumptions: 2016 2015 2014 Dividend yield 0% 0% 0% Expected volatility 50.7%-59.4% 51.4%-62% 70%-74% Risk-free interest 0.8%-1.4% 0.6%-1.7% 0.6%-0.8% Expected life (in years) 2.79-4.99 2.39-4.58 2.81 m. Research and development costs: Research and development costs are charged to the statement of operations as incurred except royalty-bearing participation from the IIA as described in Note 2n. ASC 985-20, "Software - Costs of Computer Software to be Sold, Leased or Otherwise Marketed", requires capitalization of certain software development costs subsequent to the establishment of technological feasibility. Based on the Company's product development process, technological feasibility is established upon completion of a working model. Costs incurred by the Company between completion of the working models and the point at which the products are ready for general release has been insignificant. Therefore, all research and development costs have been expensed. n. Government grants: The Company receives royalty-bearing grants, which represents participation of the IIA in approved programs for research and development. These amounts are recognized on the accrual basis as a reduction of research and development costs as such costs are incurred. Royalties to the IIA are recorded under cost of revenues, when the related sales are recognized (see also Note 7a). The Company also receives grants from the Israeli Ministry of Economy, Commerce and Labor (the "MOE"), which are grants of up to 50% of relevant marketing expenses. These grants are presented as a reduction of marketing expenses and amounted to $75, $215 and $55 for the years ended December 31, 2016, 2015 and 2014, respectively (see also Note 7a). o. Income (loss) per share: Basic and diluted income (loss) per Ordinary Share is presented in conformity with ASC 260 "Earnings Per Share", for all years presented. Basic income (loss) per Ordinary Share is computed by dividing net income (loss) for each reporting period by the weighted average number of Ordinary Shares outstanding during the period. Diluted income (loss) per Ordinary Share is computed by dividing net income (loss) for each reporting period by the weighted average number of Ordinary Shares outstanding during the period plus any additional Ordinary Shares that would have been outstanding if potentially dilutive securities had been exercised during the period, calculated under the treasury stock method. Certain securities were not included in the computation of diluted income (loss) per share since they were anti-dilutive. The total weighted average number of shares related to the outstanding options, Restricted Share Units ("RSUs”) and warrants excluded from the calculation of diluted net income (loss) per share were, 1,349,414 and 1,368,220 as of 2015 and 2014, respectively. As of December 31, 2016, there were no anti-dilutive securities. p. Income taxes: The Company accounts for income taxes in accordance with ASC 740 "Income Taxes". Deferred tax asset and liability account balances are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases, and operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the consolidated statement of operations in the period that includes the enactment date. The Company provides a full valuation allowance to reduce deferred tax assets to the extent it believes it is more likely than not that such benefits will be realized. q. Income tax uncertainties: In accordance with ASC 740, "Income Taxes", the Company recognizes the effect of income tax positions only if those positions are more likely than not to be sustained. Recognized income tax positions are measured at the largest amount that is greater than 50% of the amount likely to be realized. Changes in recognition or measurement are reflected in the period in which the change in judgment occurs. When applicable, the Company accounts for interest and penalties related to unrecognized tax benefits as a component of income tax expense. As of December 31, 2016, and 2015, no liability for unrecognized tax benefits was recorded. r. Severance pay: The Company's liability for severance pay for its Israeli employees is calculated pursuant to Israeli severance pay law based on the most recent salary of the employees multiplied by the number of years of employment as of the balance sheet date. After completing one full year of employment, the Company's Israeli employees are entitled to one month's salary for each year of employment or a portion thereof. The Company's liability is partially provided by monthly deposits with severance pay funds, insurance policies and by an accrual. The liability for employee severance pay benefits included on the balance sheet represents the total liability for such severance benefits, while the assets held for severance benefits included on the balance sheet represent the current redemption value of the Company's contributions made to severance pay funds and to insurance policies. The carrying value of deposited funds includes profits (losses) accumulated up to the balance sheet date. The deposited funds may be withdrawn only upon the fulfillment of the obligation pursuant to Israeli severance pay law or labor agreements. Effective January 1, 2012, the Company's agreements with new employees in Israel are in accordance with section 14 of the Severance Pay Law - 1963 which provides that the Company's contributions to the severance pay fund shall cover its entire severance obligation. Upon termination, the release of the contributed amounts from the fund to the employee shall relieve the Company from any further severance obligation and no additional payments shall be made by the Company to the employee. As a result, the related obligation and amounts deposited on behalf of such obligation are not recorded as part of the balance sheet, as the Company is legally released from its severance obligation to employees once the amounts have been deposited, and the Company has no further legal ownership of the amounts deposited. Severance expenses for the years ended December 31, 2016, 2015 and 2014 amounted to $905, $485 and $527, respectively. s. Fair value of financial instruments: The financial instruments of the Company consist mainly of cash and cash equivalents, restricted bank deposits, trade receivables, trade payables and other accounts payable and accrued expenses. Due to the short-term nature of such financial instruments, their fair value approximates their carrying value. t. Legal contingencies: The Company is currently involved in a potential claim (See Note 7d). Generally, the Company reviews the status of such matter and assesses its potential financial exposure. If the potential loss from any claim or legal proceeding is considered probable and the amount can be reasonably estimated, the Company accrues a liability for the estimated loss. u. Comprehensive loss: The Company accounts for comprehensive loss in accordance with ASC 220, "Comprehensive Income" which establishes standards for the reporting and displays of comprehensive loss and its components in a full set of general purpose financial statements. Comprehensive loss generally represents all changes in shareholders’ equity during the period except those resulting from investments by, or distributions to shareholders. The Company determined that its only item of other comprehensive loss relates to foreign currency translation adjustment and gains or losses on intercompany foreign currency transactions that are of a long-term investment nature in connection with its subsidiary in Brazil. v. Recently issued accounting standards: 1. In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-09, Revenue from Contracts with Customers (Topic 606). Under the new standard, revenue is recognized when a customer obtains control of promised goods or services and is recognized in an amount that reflects the consideration which the entity expects to receive in exchange for those goods or services. In addition, the standard requires disclosure of the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. The FASB has recently issued several amendments to the standard, including clarification on identifying performance obligations. The guidance permits two methods of adoption: retrospectively to each prior reporting period presented (full retrospective method), or retrospectively with the cumulative effect of initially applying the guidance recognized at the date of initial application (the modified retrospective method). The Company currently anticipates adopting the standard using the modified retrospective method rather than full retrospective method. The new standard will be effective for the Company beginning January 1, 2018, and adoption as of the original effective date of January 1, 2017 is permitted. The Company will adopt the new standard as of January 1, 2018. The Company has made progress toward completing its evaluation of the potential changes from adopting this new standard on its financial reporting and disclosures. The Company has evaluated the impact of the standard on majority of its revenue streams. Under the new standard, an entity recognizes revenue when or as it satisfies a performance obligation by transferring a good or service to the customer, either at a point in time or over time. Based on its current analysis, the Company expects to continue to recognize most of its product solution revenue at a point in time upon delivery or obtaining acceptance, when such acceptance is deemed substantive, in addition, the Company may identify additional performance obligations. For fixed price contracts, which includes significant customization, that is currently recognized using the percentage-of-completion method based on labor effort, the Company does not expect significant changes. The Company is still evaluating the total impact of the new revenue standard and expects to complete the evaluations and validate the impact of the accounting and disclosure changes on its business processes, controls and systems, design any changes to such business processes, controls and systems, and implement the changes during 2017. 2. In July 2015, the FASB issued ASU 2015-11, "Inventory (Topic 330): Simplifying the Measurement of Inventory." Under this accounting guidance, inventory will be measured at the lower of cost and net realizable value and other options that currently exist for market value will be eliminated. ASU 2015-11 defines net realizable value as the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation. No other changes were made to the current guidance on inventory measurement. ASU 2015-11 is effective for fiscal years beginning after December 15, 2016, and interim periods within fiscal years beginning after December 15, 2017, with early adoption permitted. The adoption of this guidance is not expected to have a material impact on the Company’s financial statements. 3. In February 2016, the FASB issued ASU 2016-02 - Leases (ASC 842), which sets out the principles for the recognition, measurement, presentation and disclosure of leases for both parties to a contract (i.e. lessees and lessors). The new standard requires lessees to apply a dual approach, classifying leases as either finance or operating leases based on the principle of whether or not the lease is effectively a financed purchase by the lessee. This classification will determine whether lease expense is recognized based on an effective interest method or on a straight line basis over the term of the lease. A lessee is also required to record a right-of-use asset and a lease liability for all leases with a term of greater than 12 months regardless of their classification. Leases with a term of 12 months or less will be accounted for similar to existing guidance for operating leases today. The new standard requires lessors to account for leases using an approach that is substantially equivalent to existing guidance for sales-type leases, direct financing leases and operating leases. The ASU is expected to impact the Company’s consolidated financial statements as it has certain operating lease arrangements. ASU 2016-02supersedes the previous leases standard, ASC 840, “Leases”. The standard will be effective on January 1, 2019, with early adoption permitted. The ASU has not yet been adopted and the Company is currently evaluating the impact that the adoption of ASU 2016-02 will have on its financial statements.

INVENTORY

INVENTORY	12 Months Ended
	Dec. 31, 2016
Inventory Disclosure [Abstract]
INVENTORY	NOTE 3: - INVENTORY December 31, 2016 2015 Raw materials $ 57 $ 126 Finished products (*) 566 1,406 $ 623 $ 1,532 (*) Includes amounts of $176 and $373 for 2016 and 2015, respectively, with respect to inventory delivered to customers but for which revenue criteria have not been met yet.

OTHER ACCOUNTS RECEIVABLE AND P

OTHER ACCOUNTS RECEIVABLE AND PREPAID EXPENSES	12 Months Ended
	Dec. 31, 2016
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
OTHER ACCOUNTS RECEIVABLE AND PREPAID EXPENSES	NOTE 4: - OTHER ACCOUNTS RECEIVABLE AND PREPAID EXPENSES December 31, 2016 2015 Indirect taxes $ 58 $ 54 Government of Israel – grants to receive 46 622 Prepaid expenses 692 701 Advances to suppliers 16 10 Related party (see note 11a(5)) 585 - Tax balance to receive from customers 461 613 Others 102 87 $ 1,960 $ 2,087

PROPERTY AND EQUIPMENT, NET

PROPERTY AND EQUIPMENT, NET	12 Months Ended
	Dec. 31, 2016
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT, NET	NOTE 5: - PROPERTY AND EQUIPMENT, NET Composition of assets, grouped by major classification, is as follows: December 31, 2016 2015 Cost: Computers and electronic equipment $ 1,885 $ 649 Office furniture and equipment 615 499 Leasehold improvements 442 424 2,942 1,572 Accumulated depreciation: Computers and electronic equipment 603 373 Office furniture and equipment 410 408 Leasehold improvements 413 407 1,426 1,188 $ 1,516 $ 384 Depreciation expenses for the years ended December 31, 2016, 2015 and 2014 amounted to $286, $123 and $ 87, respectively.

OTHER ACCOUNTS PAYABLE AND ACCR

OTHER ACCOUNTS PAYABLE AND ACCRUED EXPENSES	12 Months Ended
	Dec. 31, 2016
Payables and Accruals [Abstract]
OTHER ACCOUNTS PAYABLE AND ACCRUED EXPENSES	NOTE 6: - OTHER ACCOUNTS PAYABLE AND ACCRUED EXPENSES December 31, 2016 2015 Royalties - IIA payable $ 938 $ 655 Commissions to distributors 333 395 Accrued expenses 810 440 $ 2,081 $ 1,490

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Dec. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 7: - COMMITMENTS AND CONTINGENCIES a. Royalty commitments: 1. The Company receives research and development grants from the IIA. In consideration for the research and development grants received from the IIA, the Company has undertaken to pay royalties as a percentage of revenues from products developed from research and development projects financed. If the Company does not generate sales of products developed with funds provided by the IIA, the Company is not obligated to pay royalties or repay the grants. Royalties are payable at the rate of 3.5% from the time of commencement of sales of all of the Company’s products until the cumulative amount of the royalties paid equals 100% of the dollar-linked amounts of the grants received, plus interest at LIBOR. As of December 31, 2016, the Company's total commitment with respect to royalty-bearing participation received or accrued, net of royalties paid or accrued, amounted to $43,563. The total research and development grants that the Company has received from the IIA as of December 31, 2016, were $40,085. The accumulated interest as of December 31, 2016, was $15,491 and the accumulated royalties paid to the IIA were $12,013. Royalty expenses relating to the IIA grants included in cost of revenues during the years ended December 31, 2016, 2015 and 2014 were $1,033, $655 and $827, respectively. In May 2010, the Company received a notice from the IIA regarding alleged miscalculations of the amount of royalties paid by the Company to the IIA for the years 1992-2009 and the revenues basis on which the Company had to pay royalties. The Company believes that all royalties due to the IIA from the sale of products developed with funding provided by the IIA during such years were properly paid or were otherwise accrued. During 2011, the Company reviewed with the IIA the alleged miscalculations. The Company assessed the merits of the aforesaid arguments raised by the IIA and recorded a liability for an estimated loss respectively. 2. In April 2012 and in April 2014, the MOE approved the Company's application for participation in funding the setting up of the Company’s India subsidiary and China branch as part of a designated grants plan for setting up and establishing a marketing agency in India and China. The grant is intended to cover up to 50% from the costs of the office establishment, logistics expenses and hiring employees and consultants in India and China, respectively, based on the approved budget for the plan over a period of three years. The Company is obligated to pay to the MOE royalties of 3% on the increased sales in the target market, with respect to the year during which the grant was approved over a period of five years but not more than the total linked amount of the grant received. The total marketing grants that the Company has received from the MOE as of December 31, 2016, were in the amount of $619. As of December 31, 2016, no liability was accrued. 3. According to the Company's agreements with the Israel-U.S Bi-National Industrial Research and Development Foundation ("BIRD-F"), the Company is required to pay royalties at a rate of 5% of sales of products developed with funds provided by the BIRD-F, up to an amount equal to 150% of BIRD-F's grant, linked to the United States Consumer Price Index (“CPI”) relating to such products. The last funds from the BIRD-F were received in 1996. In the event the Company does not generate sales of products developed with funds provided by BIRD-F, the Company is not obligated to pay royalties or repay the grants. The total research and development funds that the Company has received from the BIRD-F were $340. As of December 31, 2016, the Company is required to pay royalties up to an amount of $815, including linkage to the CPI. As of December 31, 2016, the accumulated royalties paid to the BIRD-F including linkage to the CPI were $449. Accordingly, the Company's total commitment with respect to royalty-bearing participation received, net of royalties paid, amounted to $366 as of December 31, 2016. Since 2003, the Company has not generated sales of products developed with the funds provided by BIRD-F. Therefore, the Company is not obligated to pay royalties or repay the grant since such date. b. Operating leases: Premises occupied by the Company and its subsidiaries are rented under various rental agreements, part of which are with related parties (see also Note 11). In 2016, the Company signed an expansion to the rental agreement related to its Israeli located offices, which includes additional office space. The rental agreements for the premises of the Company and its subsidiaries expire up to December 31, 2020. The Company also has several motor vehicle lease agreements, each for a period of 36 months. As of December 31, 2016, the Company maintains 30 leased cars. As of December 31, 2016, the future minimum aggregate lease commitments under non-cancelable operating lease agreements are as follows: As of the year ended December 31, Premises Motor vehicles Total 2017 $ 782 $ 65 $ 847 2018 $ 715 - $ 715 2019 $ 715 - $ 715 2020 $ 715 - $ 715 $ 2,927 $ 65 $ 2,992 Total lease expenses (net of sublease income from premises under sublease agreements amounted to $27 in 2016) amounted to $1,023, $801 and $883 for the years ended December 31, 2016, 2015 and 2014, respectively. c. Bank guarantee: As of December 31, 2016, the Company established a bank guarantee to the Israeli Customs Authority that amounted to $32, which expires on April 30, 2017, and a guarantee related to one of its projects that amounted to $76, which expires on December 12, 2017. d. In December 2014, one of the Company's customers (the "Customer") in Latin America sent a termination notice with respect to the agreement between the parties, claiming for refund of all amounts previously paid and damages. On August 30, 2015, the Company sent a counter notice to the Customer and rejected completely all the Customer's claims. Currently, the Company concludes that no potential loss with respect to the claim to refund or damages is considered probable. In addition, with respect to this termination letter the Company took an inventory and related costs write-off charge of approximately $1,815 thousand during the year ended December 31, 2014. Such costs are related to equipment that was shipped to this customer for which revenue criteria have not been met. The write-off was charged to costs of revenue and selling and marketing, net expenses in a total amount of $1,639 and $176, respectively, during the year ended December 31, 2014.

TAXES ON INCOME

TAXES ON INCOME	12 Months Ended
	Dec. 31, 2016
Income Tax Disclosure [Abstract]
TAXES ON INCOME	NOTE 8: - TAXES ON INCOME a. Israeli taxation: Taxable income of the Company is subject to the Israeli corporate tax at the rate as follows: 2014 and 2015 - 26.5% and 2016 – 25%. On January 5, 2016, the Israeli Parliament officially published the Law for the Amendment of the Israeli Tax Ordinance (Amendment 216), that reduces the standard corporate income tax rate from 26.5% to 25%. In December 2016, the Israeli Parliament approved the Economic Efficiency Law (Legislative Amendments for Applying the Economic Policy for the 2017 and 2018 Budget Years), 2016 which reduces the corporate income tax rate to 24% (instead of 25%) effective from January 1, 2017 and to 23% effective from January 1, 2018. Tax benefits under the Law for the Encouragement of Capital Investments, 1959 ("the Law"): In August 2013, the Law for Changing National Priorities (Legislative Amendments for Achieving Budget Targets for 2013 and 2014), 2013 which includes Amendment 71 to the Law ("the Amendment") was enacted. Per the Amendment, the tax rate on preferred income from a preferred enterprise in 2014 and thereafter will be 9% in certain areas in Israel (Development area A) and 16% in other areas. The Company may claim the tax benefits offered by the Amendment in its tax returns, provided that its facilities meet the criteria for tax benefits set out by the In December 2016, the Economic Efficiency Law (Legislative Amendments for Applying the Economic Policy for the 2017 and 2018 Budget Years), 2016 which includes Amendment 73 to the Law ("the Amendment") was published. According to the Amendment, a preferred enterprise located in Development area A will be subject to a tax rate of 7.5% instead of 9% effective from January 1, 2017 and thereafter (the tax rate applicable to preferred enterprises located in other areas remains at 16%). The Amendment also prescribes special tax tracks for technological enterprises, which are subject to rules that are to be issued by the Minister of Finance by March 31, 2017. The new tax tracks under the Amendment are as follows: Technological preferred enterprise - an enterprise for which total consolidated revenues of its parent company and all subsidiaries are less than NIS 10 billion. A technological preferred enterprise, as defined in the Law, which is located in the center of Israel will be subject to tax at a rate of 12% on profits deriving from intellectual property (in Development area A - a tax rate of 7.5%). Special technological preferred enterprise - an enterprise for which total consolidated revenues of its parent company and all subsidiaries exceed NIS 10 billion. Such enterprise will be subject to tax at a rate of 6% on profits deriving from intellectual property, regardless of the enterprise's geographical location. Any dividends distributed to "foreign companies", as defined in the Law, deriving from income from the technological enterprises will be subject to tax at a rate of 4%. As of December 31, 2016 definitive criteria to determine the tax benefits had not yet been established, it cannot be concluded that the legislation in respect of technological enterprises had been enacted or substantively enacted as of that date. In accordance with the tax laws, tax returns submitted up to and including the 2011 tax year can be regarded as final. As of December 31, 2016, no final tax assessments have been received for such years. Tax loss carryforward: As of December 31, 2016, the Company's tax loss carryforward and capital loss were $32,282 and $642, respectively. Such losses can be carried forward indefinitely to offset any future taxable income of the Company. b. Foreign subsidiaries: U.S subsidiary: 1. The U.S subsidiary is taxed under United States federal and state tax rules. Income 2. The U.S subsidiary's tax loss carryforward amounted to $8,448 and $274 for federal and state tax purposes, respectively, as of December 31, 2016. Such losses are available to offset any future U.S taxable income of the U.S subsidiary and will expire in the years 2017-2026 for federal tax purposes and in the years 2017-2024 for state tax purposes. 3. The U.S subsidiary has not received final tax assessments since incorporation. In accordance with the tax laws, tax returns submitted up to and including the 2012 tax year can be regarded as final. Brazilian subsidiary: 1. The Brazilian subsidiary is taxed under Brazilian tax rules. Income tax is calculated based on a 34% rate. 2. The Brazilian subsidiary's tax loss carryforward amounted to $2,670 as of December 31, 2016, for tax purposes. Tax losses may be carried forward indefinitely, but can only be offset up to 30% of the subsidiary's taxable income for a tax period. 3. The Brazilian subsidiary has not received final tax assessments since incorporation. In accordance with the tax laws, tax returns submitted up to and including the 2011 tax year can be regarded as final. Indian subsidiary: 1. The Indian subsidiary is taxed under Indian tax rules. Income tax is calculated based on a 30% rate. 2. The Indian subsidiary has not received final tax assessments since incorporation. In accordance with the tax laws, tax returns submitted up to and including the 2009 tax year can be regarded as final c. Deferred taxes: Deferred taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and for tax purposes. Significant components of the Company's deferred tax assets and liabilities are as follows: December 31 2016 2015 Deferred tax assets: Carryforward tax losses $ 11,892 $ 14,205 Research and development credit 601 396 Accrued social benefits and other 683 791 13,176 15,392 Less - valuation allowance (13,176 ) (15,392 ) Net deferred tax assets $ - $ - The net change in the total valuation allowance for the year ended December 31, 2016 was a decrease of $2,216. In assessing the realization of deferred tax assets, management considers whether it is more likely than not that some or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets depends on the generation of future taxable income during the periods in which those temporary differences and tax loss carryforward are deductible. Management considers the projected taxable income and tax-planning strategies in making this assessment. In consideration of the Company's accumulated losses and the uncertainty of its ability to utilize its deferred tax assets in the future, management currently believes that it is more likely than not that the Company will not realize its deferred tax assets and accordingly recorded a valuation allowance to fully offset all the deferred tax assets. d. Taxes on income are comprised from withholding taxes that were deducted by the Company's customers as well as tax expenses of the Company’s subsidiary in India. e. The components of income (loss) before income taxes are as follows: Year ended December 31, 2016 2015 2014 Domestic $ 3,018 $ (755 ) $ 3,350 Foreign (1,079 ) (47 ) (2,444 ) Income (loss) before income taxes $ 1,939 $ (802 ) $ 906 f. Reconciliation of the theoretical tax benefit and the actual tax expense: Year ended December 31, 2016 2015 2014 Income (loss) before income taxes, as reported in the statements of operations $ 1,939 $ (802 ) $ 906 Statutory tax rate in Israel 25 % 26.5 % 26.5 % Theoretical tax benefit $ 485 $ (213 ) $ 240 Increase (decrease) in income taxes resulting from: Tax rate differential on foreign subsidiaries (98 ) (2 ) (176 ) Non-deductible expenses and other permanent differences 683 446 222 Differences in taxes arising from foreign currency exchange, net (324 ) 641 1,715 Losses and timing differences for which valuation allowance was provided, net (1,102 ) (451 ) (2,326 ) Withholding taxes that were deducted by the Company's customers 6 121 180 Other 374 (421 ) 325 Income taxes $ 24 $ 121 $ 180 g. Accounting for uncertainty in income taxes: For the years ended December 31, 2016, 2015 and 2014, the Company did not have any unrecognized tax benefits and no interest and penalties related to unrecognized tax benefits have been accrued. The Company does not expect that its position related to unrecognized tax benefits will change significantly within the next 12 months.

SHAREHOLDERS' EQUITY

SHAREHOLDERS' EQUITY	12 Months Ended
	Dec. 31, 2016
Stockholders' Equity Note [Abstract]
SHAREHOLDERS' EQUITY	NOTE 9: - SHAREHOLDERS' EQUITY a. The number of Ordinary Shares outstanding at December 31, 2016 and 2015 does not include 5,189 Ordinary Shares issued, which are held by a subsidiary, and 30,843 Ordinary Shares issued which are held by the Company. 1. Ordinary Shares confer all rights to their holders, e.g. voting, equity and receipt of dividends. 2. On December 30, 2015, the annual general meeting of the Company's shareholders approved an increase the number of the Company's authorized share capital to $ 1,026 and the number of authorized Ordinary Shares to 20,000,000. b. On May 19, 2016 ("the Effective Date"), the Company entered an underwriting agreement ("the Agreement") related to a follow-on public offering of 1,818,182 Ordinary Shares, at an offering price of $11.00 per share for gross proceeds that amounted to $20,000, before underwriting discounts and commissions and other offering expenses amounted to $1,455 ("the Offering"). Under the Agreement, the Company granted the underwriters an option, exercisable for 30 days, to purchase up to an additional 272,727 Ordinary Shares at the same price per share as of the Effective Date. On May 25, 2016, upon the closing of the Offering, the Company issued 2,090,909 Ordinary Shares, including 272,727 shares sold pursuant to full exercise of the underwriters' option to purchase additional shares, for a total consideration of approximately $21,279, net of issuance costs of $1,721. (See also Note 1d) c. Share option plan: 1. The Company has granted options under option plan as follows: Under the following plan, options are granted for periods not to exceed seven years. Options vest over a period of up to four years from date of grant. Any options that are cancelled or forfeited before expiration become available for future grants. a) The 2013 Share Option Plan: On April 3, 2013, the Company approved a new Share Option Plan (the "2013 Share Option Plan"). The 2013 Share Option Plan provides for the grant of options to purchase Ordinary Shares. These options are granted pursuant to the 2013 Share Option Plan for providing incentives to employees, directors, consultants and contractors of the Company. In accordance with Section 102 of the Income Tax Ordinance (New Version) - 1961, the Company's Board of Directors (the "Board") elected the "Capital Gains Route". On March 3 2016, the Board resolved to increase the number of shares reserved under the 2013 Share Option Plan, from 750,000 to 1,250,000. On October 30, 2016, the Company's Board of Directors resolved to increase the number of shares reserved under the 2013 Share Option Plan, from 1,250,000 to 2,450,000. b) On February 19, 2015, the Company's Board of Directors adopted an amendment to the 2013 Share Option Plan pursuant to which the Company may grant options to purchase its Ordinary Shares, restricted shares and RSUs to its employees, directors, consultants and contractors. The 2013 Share Option Plan expires on April 2, 2023. c) During the year ended December 31, 2016, the Company's Board of Directors approved the grant of 281,800 options and 216,300 RSUs to certain employees, officers and directors of the Company. The options were granted at an exercise price range between $11.29 to $14.51 per share, which was equal to the market value of the Company’s Ordinary Shares at the date of grant. Such options and RSUs The total number of Ordinary Shares available for future grants under the 2013 Share Option Plan as of December 31, 2016, was 1,172,400. 2. Grants of options in 2016, 2015 and 2014 were at exercise prices equal to the market value of the Ordinary Shares at the date of grant. 3. Stock options for the year ended December 31, 2016 under the Company’s plans are as follows: Number of options Weighted average exercise price Weighted average remaining contractual term (in years) Aggregate intrinsic value Outstanding at January 1, 2016 856,986 7.75 3.28 $ 6,157 Granted 281,800 11.68 Exercised (508,149 ) 6.55 Expired and forfeited (6,200 ) 10.33 Outstanding at December 31, 2016 624,437 10.47 3.55 $ 4,576 Vested and expected to vest at December 31, 2016 624,437 10.47 3.55 $ 4,576 Exercisable at December 31, 2016 330,337 9.41 2.75 $ 2,771 The aggregate intrinsic value of options outstanding and exercisable at December 31, 2016 represents the intrinsic value of 624,437 and 330,337 outstanding options that are in-the-money as of December 31, 2016, respectively. The aggregate intrinsic value in the table above represents the total intrinsic value (the difference between the deemed fair value of the Company's Ordinary Shares on the last day of fiscal 2016 and the exercise price, multiplied by the number of in-the-money options) that would have been received by the option holders had all option holders exercised their options on December 31, 2016. This amount is impacted by the changes in the fair market value of the Company's Ordinary Shares. 4. As of December 31, 2016, stock options under the 2013 Share Option Plan, as amended are as follows for the year ended December 31, 2016: Options outstanding at December 31, 2016 Options exercisable at December 31, 2016 Exercise price Number outstanding Weighted average exercise price Weighted average remaining contractual life Number exercisable Weighted average exercise price Weighted average remaining contractual life $ $ In years $ In years 2.56 - 4.86 50,587 3.28 1.76 50,587 3.28 1.76 5.17 - 8.60 70,750 6.49 2.16 70,750 6.49 2.16 10.49 – 14.52 503,100 11.75 3.93 209,000 11.88 3.19 624,437 330,337 5. RSUs for the year ended December 31, 2016 under the Company’s 2013 Share Option Plan are as follows: Number of RSUs Weighted average remaining contractual term (in years) Aggregate intrinsic value Outstanding at January 1, 2016 15,500 0.1 $ 231 Granted 216,300 Vested (37,500 ) Cancelled (1,150 ) Outstanding at December 31, 2016 193,150 2.02 $ 3,438 Vested and expected to vest at December 31, 2016 193,150 2.02 $ 3,438 6. The weighted average fair values of options granted during the years ended December 31, 2016, 2015 and 2014 were $6.68, and $4.90 and $2.70, respectively. 7. The weighted average fair value of RSUs granted during the year ended December 31, 2016 and 2015 was $14.69 and $10.60 per share, respectively. No RSUs were granted during 2014. 8. The following table summarizes the departmental allocation of the Company's share-based compensation charges: Year ended December 31, 2016 (*) 2015 (*) 2014 Cost of revenues $ 118 $ 33 $ 12 Research and development, net 625 529 178 Selling and marketing, net 199 380 146 General and administrative 1,529 467 243 $ 2,471 $ 1,409 $ 579 (*) Including $1,331 and $342 of compensation cost related to RSUs for the year ended December 31, 2016 and 2015, respectively. 9. Share-based compensation: As of December 31, 2016, there are $3,120 of total unrecognized costs related to non-vested share-based compensation and RSUs that are expected to be recognized over a weighted average period of 1.13 years. d. Warrants: During the year ended December 31, 2016, 310,985 warrants were exercised into 310,985 Ordinary Shares. As of December 31, 2016, there were no remaining outstanding warrants.

SELECTED STATEMENTS OF OPERATIO

SELECTED STATEMENTS OF OPERATIONS DATA	12 Months Ended
	Dec. 31, 2016
SELECTED STATEMENTS OF OPERATIONS DATA [Abstract]
SELECTED STATEMENTS OF OPERATIONS DATA	NOTE 10: - SELECTED STATEMENTS OF OPERATIONS DATA a. The Company applies ASC 280, "Segment Reporting". The Company operates in one reportable segment (see also Note 1 for a brief description of the Company's business). b. The following table presents total revenues for the years ended December 31, 2016, 2015 and 2014 and long-lived assets as of December 31, 2016, 2015 and 2014: 1. Revenues from sales to unaffiliated customers: Year ended December 31, 2016 2015 2014 North America $ 19,167 $ 1,018 $ 1,922 Europe 946 1,204 3,189 Asia (Excluding Philippines) 355 576 847 Philippines 4,959 8,071 3,544 South America (Excluding Brazil) 785 2,456 4,235 Brazil 2,496 3,487 6,448 Other (Including Israel) 802 1,861 3,451 $ 29,510 $ 18,673 $ 23,636 Total revenues are attributed to geographic areas based on the location of the end-customer. 2. Property and equipment, net, by geographic areas: Year ended December 31, 2016 2015 Israel $ 1,422 $ 339 Other 94 45 $ 1,516 $ 384 3. Major customer data as a percentage of total revenues: In 2016, the Company had two customers in the United States and the Philippines that amounted 62% and 17%, respectively, of the total consolidated revenues. In 2015, the Company had two customers in the Philippines and Brazil that amounted to 43% and 14%, respectively, of the total consolidated revenues. In 2014, the Company had three customers in Brazil, the Philippines and Israel that amounted to 22%, 15% and 12%, respectively, of the total consolidated revenues. c. Financial expenses, net: Years ended December 31, 2016 2015 2014 Financial Income: Interest income $ 489 $ 229 $ 170 Foreign currency exchange gain 424 36 193 913 265 363 Financial expenses: Interest and bank charges (23 ) (23 ) (40 ) Foreign currency exchange loss (74 ) (675 ) (655 ) (97 ) (698 ) (695 ) $ 816 $ (433 ) $ (332 ) d. Net income (loss) per share: The following table sets forth the computation of basic and diluted net income (loss) per share: Years ended December 31, 2016 2015 2014 Numerator: Numerator for basic net income (loss) per share $ 1,915 $ (923 ) $ 726 Effect of dilutive securities: Options and warrants issued to grantees and investors, respectively - - - Numerator for dilutive net income (loss) per share $ 1,915 $ (923 ) $ 726 Denominator: Denominator for dilutive net income (loss) per share - weighted average number of Ordinary Shares 10,406,897 8,572,681 8,088,974 Effect of dilutive securities: Options and warrants issued to grantees and investors, respectively 372,650 - 503,413 Denominator for diluted net income (loss) per share - adjusted weighted average number of Ordinary Shares 10,779,547 8,572,681 8,592,387

RELATED PARTY BALANCES AND TRAN

RELATED PARTY BALANCES AND TRANSACTIONS	12 Months Ended
	Dec. 31, 2016
Related Party Transactions [Abstract]
RELATED PARTY BALANCES AND TRANSACTIONS	NOTE 11: - RELATED PARTY BALANCES AND TRANSACTIONS a. The Company carries out transactions with related parties as detailed below. Certain principal shareholders of the Company, which as of December 31, 2016, have joint ownership of approximately 29% in the Company's equity, are also principal shareholders of affiliates known as the RAD-BYNET Group. 1. The Company was a party to a distribution agreement with Bynet Electronics Ltd. ("BYNET"), a related party, giving BYNET the exclusive right to distribute the Company's products in Israel. Revenues related to this distribution agreement are included in Note 11g below as "revenues". No revenues from such distribution agreement were recorded during the year ended December 31, 2016. For the year ended December 31, 2015 and 2014, revenues aggregated for a total amount of $62 and $19, respectively. 2. The Company is a party to a reseller agreement with Allot Communications Inc, or Allot, a company where Company’s controlling shareholder is an interested party of, giving Allot the right to distribute Company's products. Revenues related to this reseller agreement are included in Note 11g below as "revenues". For the year ended December 31, 2016, 2015 and 2014, revenues aggregated for a total amount of $139, $107 and $53, respectively. 3. Certain premises occupied by the Company and its U.S. subsidiary are rented from related parties (see also Note 7b). The U.S. subsidiary also sub-leases certain premises to a related party. The aggregate net amounts of lease and maintenance expenses were $604, $411 and $417 in 2016, 2015 and 2014, respectively. 4. Certain entities within the RAD-BYNET Group provide the Company with administrative and IT services. Such amounts expensed by the Company are disclosed in Note 11g below as part of “Expenses” 5. During 2016 the Company renovated its Israeli located offices. The lessor, which is considered a related party (see Note 11a3), committed to participate in the renovation and reimburse expenses of up to $730. As of December 31, 2016, there is a balance to receive related to such renovation and reimburse expenses of $585 which disclosed in Note 11f below as part of the “Other accounts receivable and prepaid expenses”. b. In January 2012, the Company entered a consulting agreement ("Consulting Agreement") with a consultant which is also the spouse of one of the Company's controlling shareholders and the Company's former Chairman of the Board of Directors. Based on the key terms of the Consulting Agreement, the consultant provided advisory services to the management with respect to business operations for a monthly amount which equaled the average monthly salary of employees in Israel, plus Israeli Value Added Tax. The Consulting Agreement expired in January 2013 but was extended through September 10, 2015. During the years ended December 31, 2015 and 2014, the Company recorded expenses incurred under this Consulting Agreement in the amount of $24 and $39, respectively. No expenses have been recorded during the year ended December 31, 2016 (see also Note 11c). c. On December 30, 2015, the Company's shareholders approved the replacement of the Company's Chairman of the Board of Directors with one of the Company's directors which is also the spouse of the former Chairman and controlling shareholder to assume the position of Active Chairwoman as of September 10, 2015, for a fixed monthly salary. During the year ended December 31, 2016 and the period since September 10, 2015 until December 31, 2015, the Company recorded salary expenses for acting as an Active Chairwoman in the amount of $180 and $30, respectively. d. In 2015 and 2016, the Company entered several agreements with Amdocs, to sell its solution, pursuant to which the Company recorded revenues in the amount of $18,322 during the year ended December 31, 2016, out of which, amount of $18,310 related to the AT&T Engagement and its related agreements (See also Note 1c). The Company’s controlling shareholder and director, serves as a director in Amdocs. e . As described in Note 9b, on May 25, 2016, the Company closed its follow-on public offering at a price of $11.00 per share, where pursuant to which an aggregate net amount of $21,279 have been raised. The Company’s controlling shareholder and director invested $2,200 for the issuance of 200,000 Ordinary Shares. f. Balances with related parties: December 31, 2016 2015 Assets: Trade receivables, net $ 952 $ 2 Other accounts receivable and prepaid expenses $ 588 $ - Liabilities: Trade payables $ 169 $ 184 Other accounts payables and accrued expenses $ 92 $ 16 Advances from customers $ 1,880 $ - g. Transactions with related parties: Year ended December 31, 2016 2015 2014 Revenues $ 18,461 $ 169 $ 72 Expenses: Cost of revenues $ 210 $ 42 $ 56 Operating expenses: Research and development, net $ 224 $ 244 $ 249 Sales and marketing, net $ 142 $ 118 $ 125 General and administrative $ 250 $ 93 $ 60 Capital expenses $ 21 $ - $ -

SIGNIFICANT ACCOUNTING POLICI20

SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Use of estimates	a. Use of estimates: The preparation of the consolidated financial statements in conformity with U.S. GAAP (generally accepted accounting principles) requires management to make estimates, judgments and assumptions. The Company's management believes that the estimates, judgments and assumptions used are reasonable based upon information available at the time they are made. These estimates, judgments and assumptions can affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements, and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.
Financial statements in U.S. dollars ("dollar" or "dollars")	b. Financial statements in U.S. dollars (“$” "dollar" or "dollars"): Most of the revenues of the Company and its subsidiaries, other than its Brazilian subsidiary, are denominated in U.S. dollars. Financing activities are made in U.S. dollars. Therefore, the Company's management believes that the currency of the primary economic environment in which the operations of the Company and these subsidiaries are conducted is the dollar, which is used as the functional currency. Transactions and balances originally denominated in dollars are presented at their original amounts. Transactions and balances in other currencies are re-measured into dollars in accordance with the principles set forth in Statement of Accounting Standards Codification ("ASC") 830, "Foreign Currency Matters". Other than in the Company's subsidiary in Brazil, all exchange gains and losses from re-measurement of monetary balance sheet items denominated in non-dollar currencies are reflected in the consolidated statement of operations when they arise. Amounts in the financial statements representing the dollar equivalent of balances denominated in other currencies do not necessarily represent their real or economic value and such amounts may not necessarily be exchangeable for dollars. For the Company's subsidiary in Brazil, whose functional currency has been determined to be its local currency, assets and liabilities are translated at year-end exchange rates and statements of income items are translated at average exchange rates prevailing during the year. Such translation adjustments are recorded as a separate component of accumulated other comprehensive loss in the shareholders' equity.
Principles of consolidation	c. Principles of consolidation: The consolidated financial statements include the financial statements of the Company and its subsidiaries. All intercompany transactions and balances have been eliminated in consolidation.
Cash and cash equivalents	d. Cash and cash equivalents: The Company considers all highly liquid deposit instruments with an original maturity of three months or less at the date of purchase to be cash equivalents.
Restricted bank deposits	e. Restricted bank deposit: Restricted bank deposits represent restricted cash which is pledged in favor of the bank that provides guarantees to the Company.
Concentration of credit risk	f. Concentration of credit risk: Financial instruments that may subject the Company to significant concentration of credit risk consist mainly of cash and cash equivalents, severance pay fund and trade receivables. Cash and cash equivalents are maintained with major financial institutions mainly in Israel. Assets held for severance benefits are maintained with major insurance companies and financial institutions in Israel. Such deposits are not insured. However, management believes that such financial institutions are financially sound and, accordingly, low credit risk exists with respect to these investments. The Company grants credit to customers without generally requiring collateral or security. The risk of collection associated with trade receivables is reduced by geographical dispersion of the Company's customer base. The Company establishes an allowance for doubtful accounts based on historical experience, credit quality, the age of the accounts receivable balances and current economic conditions that may affect a customer's ability to pay. During the year ended December 31, 2016, the Company recorded allowance for doubtful accounts of $9. No allowances for doubtful accounts were recorded as of December 31, 2015
Inventory	g. Inventories: Inventories are stated at the lower of cost or market value. Cost is determined on a "moving average" basis. Inventory write-offs are provided to cover technological obsolescence, excess inventories and discontinued products. Inventory write-off is measured as the difference between the cost of the inventory and market based upon assumptions about future demand, and is charged to the cost of revenues. At the point of the loss recognition, a new, lower-cost basis for that inventory is established, and subsequent changes in facts and circumstances do not result in the restoration or increase in that newly established cost basis. Total inventory write-offs during the years ended December 31, 2016, 2015 and 2014 amounted to $498, $346 and $187, respectively. In addition, following the termination of the agreement that is disclosed in Note 7d, during the year ended December 31, 2014, the Company recorded additional inventory write-off that amounted to $1,005.
Property and equipment	h. Property and equipment: Property and equipment are stated at cost less accumulated depreciation. Maintenance and repairs are charged to operations as incurred. Depreciation is calculated on the straight-line method over the estimated useful lives of the assets. Annual rates of depreciation are as follows: % Computers and electronic equipment 15 - 33 Office furniture and equipment 6 - 33 Leasehold improvements At the shorter of the lease period or useful life of the leasehold improvement
Impairment of long-lived assets	i. Impairment of long-lived assets: The Company's long-lived assets are reviewed for impairment in accordance with ASC 360 "Property, plants and equipment"; whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of an asset to be held and used is assessed by a comparison of the carrying amount of the asset to the future undiscounted cash flows expected to be generated by the asset. If such asset is considered to be impaired, the impairment to be recognized is measured at the amount by which the carrying amount of the asset exceeds its fair value. During the years ended December 31, 2016, 2015 and 2014, no impairment losses were identified.
Revenue recognition	j. Revenue recognition: The Company's revenues are generated mainly from fixed price contracts and from sales of its product solution. The Company's products and solution are sold to customers directly, through resellers and to lesser extent through distributors. Sales through resellers considered final sell per revenue recognition criteria. The Company recognizes its revenue through distributers on a "sale through" basis and therefore revenues from its distributors are deferred until all revenue recognition criteria of the sale to the end customer are met. Product and related services revenues contains software components and non-software components that function together to deliver the product's essential functionality as well as related professional services. As such, revenues from sales of products and related services are recognized in accordance with ASC No. 605, "Revenue Recognition" when persuasive evidence of an agreement exists, delivery of the product has occurred, the fee is fixed or determinable and collectability is reasonably assured. Products are typically considered delivered upon shipment. In instances where final acceptance of the product is specified by the customer, and the acceptance is deemed substantive, revenue is deferred until all acceptance criteria have been met. The Company's arrangements generally do not include any provisions for cancellation, termination, or refunds. The Company also generates sales through independent representatives. These representatives do not hold any of the Company's inventories, and they do not buy products from the Company. The Company invoices the end-user customers directly, collects payment directly and then pays commissions to the representative for the sales in its territory. Revenues in arrangements with multiple deliverables are allocated using the relative selling price method. The selling price for each deliverable is based on vendor-specific objective evidence ("VSOE") if available, third-party evidence ("TPE") if VSOE is not available, or estimated selling price ("ESP") if neither VSOE or TPE is available. The Company determines the ESP by considering several external and internal factors including, but not limited to, pricing history and practices, discounting, margin objectives, and competition. Revenues from fixed price contracts (projects) contains mainly software product which is sold as part of an overall solution offered to the customers that combines the sale of software licenses with services which includes significant customization, modification, implementation and integration. Those services are deemed essential to the software. Thus, revenue is generally recognized over the course of these long-term projects based on ASC 605-35, "Construction-Type and Production-Type Contracts", using the percentage-of-completion method, based on a percentage that incurred labor effort to date bears to total projected labor effort. The amount of revenue recognized is based on the total fees under the arrangement and the percentage of completion achieved. Provisions for estimated losses on uncompleted contracts are made in the period in which such losses are first determined, in the amount of the estimated loss on the entire contact. Under the Company's selling arrangements, the Company generally provides a one-year warranty, which includes bug fixing and a hardware warranty ("Warranty") for all its products. After the Warranty period initially provided with the Company's products ends, the Company may sell extended warranty contracts on a standalone basis, which includes bug fixing and a hardware warranty. Revenues from warranty and support include revenue related to extended warranty contracts which are recognized pursuant to ASC 605-20-25, "Separately Priced Extended Warranty and Product Maintenance Contracts." Pursuant to this provision, revenue related to separately priced product maintenance contracts is deferred and recognized over the term of the maintenance period. Deferred revenues represent unrecognized fees collected for extended warranty services as well as other advances and payments received from customers, for which revenue has not yet been recognized.
Cost of revenues	k. Cost of revenues: Cost of revenues are comprised of cost of third party hardware and software license fees maintenance fees related to such third party hardware and software, employees' salaries and related costs, shipping and handling costs, sub-contractors costs, inventory write-off, indirect taxes, importation taxes as well as non-recurring importation tax write-off
Share-based compensation	l. Share-based compensation: The Company accounts for share-based compensation in accordance with ASC 718 "Compensation — Stock Compensation", which requires companies to estimate the fair value of share-based payment awards on the grant date using an option-pricing model. The Company recognizes compensation expenses for the value of its awards granted based on the accelerated attribution method over the requisite service period of each of the awards, net of estimated forfeitures. The Company elected to early adopt Accounting Standards Update No. 2016-09, Compensation-Stock Compensation (Topic 718): Improvement to Employee Share-based Payment Accounting (ASU 2016-09) issued by the Financial Accounting Standards Board (FASB), which among other items, provides an accounting policy election to account for forfeitures as they occur, rather than to account for them based on an estimate of expected forfeitures. The Company elected to account for forfeitures as they occur and therefore, share-based compensation expense for the year ended December 31, 2016 has been calculated based on actual forfeitures in the Company’s consolidated statements of income. The net cumulative effect of this change is immaterial. The Company selected the Black-Scholes option-pricing model as the most appropriate fair value method for its share-options awards. The option-pricing model requires a number of assumptions, of which the most significant are the expected share price volatility and the expected option term. Expected volatility was calculated based upon actual historical share price movements over the most recent periods ending on the grant date, equal to the expected option term. The expected term was generated by running the Monte Carlo model pursuant to which historical post-vesting forfeitures and suboptimal exercise factor are estimated by using historical option exercise information. The suboptimal exercise factor is the ratio by which the share price must increase over the exercise price before employees are expected to exercise their share options. The expected term of the options granted is derived from the output of the options valuation model and represents the period of time that options granted are expected to be outstanding. The risk-free interest rate is based on the yield from U.S. Treasury zero-coupon bonds with an equivalent term to the expected term of the options. Historically the Company has not paid dividends and in addition has no foreseeable plans to pay dividends, and therefore uses an expected dividend yield of zero in the option pricing model. The fair value for options granted in 2016, 2015 and 2014 is estimated at the date of grant with the following weighted average assumptions: 2016 2015 2014 Dividend yield 0% 0% 0% Expected volatility 50.7%-59.4% 51.4%-62% 70%-74% Risk-free interest 0.8%-1.4% 0.6%-1.7% 0.6%-0.8% Expected life (in years) 2.79-4.99 2.39-4.58 2.81
Research and development costs	m. Research and development costs: Research and development costs are charged to the statement of operations as incurred except royalty-bearing participation from the IIA as described in Note 2n. ASC 985-20, "Software - Costs of Computer Software to be Sold, Leased or Otherwise Marketed", requires capitalization of certain software development costs subsequent to the establishment of technological feasibility. Based on the Company's product development process, technological feasibility is established upon completion of a working model. Costs incurred by the Company between completion of the working models and the point at which the products are ready for general release has been insignificant. Therefore, all research and development costs have been expensed.
Government grants	n. Government grants: The Company receives royalty-bearing grants, which represents participation of the IIA in approved programs for research and development. These amounts are recognized on the accrual basis as a reduction of research and development costs as such costs are incurred. Royalties to the IIA are recorded under cost of revenues, when the related sales are recognized (see also Note 7a). The Company also receives grants from the Israeli Ministry of Economy, Commerce and Labor (the "MOE"), which are grants of up to 50% of relevant marketing expenses. These grants are presented as a reduction of marketing expenses and amounted to $75, $215 and $55 for the years ended December 31, 2016, 2015 and 2014, respectively (see also Note 7a).
Income (loss) per share	o. Income (loss) per share: Basic and diluted income (loss) per Ordinary Share is presented in conformity with ASC 260 "Earnings Per Share", for all years presented. Basic income (loss) per Ordinary Share is computed by dividing net income (loss) for each reporting period by the weighted average number of Ordinary Shares outstanding during the period. Diluted income (loss) per Ordinary Share is computed by dividing net income (loss) for each reporting period by the weighted average number of Ordinary Shares outstanding during the period plus any additional Ordinary Shares that would have been outstanding if potentially dilutive securities had been exercised during the period, calculated under the treasury stock method. Certain securities were not included in the computation of diluted income (loss) per share since they were anti-dilutive. The total weighted average number of shares related to the outstanding options, Restricted Share Units ("RSUs”) and warrants excluded from the calculation of diluted net income (loss) per share were, 1,349,414 and 1,368,220 as of 2015 and 2014, respectively. As of December 31, 2016, there were no anti-dilutive securities.
Income taxes	p. Income taxes: The Company accounts for income taxes in accordance with ASC 740 "Income Taxes". Deferred tax asset and liability account balances are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases, and operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the consolidated statement of operations in the period that includes the enactment date. The Company provides a full valuation allowance to reduce deferred tax assets to the extent it believes it is more likely than not that such benefits will be realized.
Income tax uncertainties	q. Income tax uncertainties: In accordance with ASC 740, "Income Taxes", the Company recognizes the effect of income tax positions only if those positions are more likely than not to be sustained. Recognized income tax positions are measured at the largest amount that is greater than 50% of the amount likely to be realized. Changes in recognition or measurement are reflected in the period in which the change in judgment occurs. When applicable, the Company accounts for interest and penalties related to unrecognized tax benefits as a component of income tax expense. As of December 31, 2016, and 2015, no liability for unrecognized tax benefits was recorded.
Severance pay	r. Severance pay: The Company's liability for severance pay for its Israeli employees is calculated pursuant to Israeli severance pay law based on the most recent salary of the employees multiplied by the number of years of employment as of the balance sheet date. After completing one full year of employment, the Company's Israeli employees are entitled to one month's salary for each year of employment or a portion thereof. The Company's liability is partially provided by monthly deposits with severance pay funds, insurance policies and by an accrual. The liability for employee severance pay benefits included on the balance sheet represents the total liability for such severance benefits, while the assets held for severance benefits included on the balance sheet represent the current redemption value of the Company's contributions made to severance pay funds and to insurance policies. The carrying value of deposited funds includes profits (losses) accumulated up to the balance sheet date. The deposited funds may be withdrawn only upon the fulfillment of the obligation pursuant to Israeli severance pay law or labor agreements. Effective January 1, 2012, the Company's agreements with new employees in Israel are in accordance with section 14 of the Severance Pay Law - 1963 which provides that the Company's contributions to the severance pay fund shall cover its entire severance obligation. Upon termination, the release of the contributed amounts from the fund to the employee shall relieve the Company from any further severance obligation and no additional payments shall be made by the Company to the employee. As a result, the related obligation and amounts deposited on behalf of such obligation are not recorded as part of the balance sheet, as the Company is legally released from its severance obligation to employees once the amounts have been deposited, and the Company has no further legal ownership of the amounts deposited. Severance expenses for the years ended December 31, 2016, 2015 and 2014 amounted to $905, $485 and $527, respectively.
Fair value of financial instruments	s. Fair value of financial instruments: The financial instruments of the Company consist mainly of cash and cash equivalents, restricted bank deposits, trade receivables, trade payables and other accounts payable and accrued expenses. Due to the short-term nature of such financial instruments, their fair value approximates their carrying value.
Legal contingencies	t. Legal contingencies: The Company is currently involved in a potential claim (See Note 7d). Generally, the Company reviews the status of such matter and assesses its potential financial exposure. If the potential loss from any claim or legal proceeding is considered probable and the amount can be reasonably estimated, the Company accrues a liability for the estimated loss.
Comprehensive loss	u. Comprehensive loss: The Company accounts for comprehensive loss in accordance with ASC 220, "Comprehensive Income" which establishes standards for the reporting and displays of comprehensive loss and its components in a full set of general purpose financial statements. Comprehensive loss generally represents all changes in shareholders’ equity during the period except those resulting from investments by, or distributions to shareholders. The Company determined that its only item of other comprehensive loss relates to foreign currency translation adjustment and gains or losses on intercompany foreign currency transactions that are of a long-term investment nature in connection with its subsidiary in Brazil.
Recently issued accounting standards	v. Recently issued accounting standards: 1. In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-09, Revenue from Contracts with Customers (Topic 606). Under the new standard, revenue is recognized when a customer obtains control of promised goods or services and is recognized in an amount that reflects the consideration which the entity expects to receive in exchange for those goods or services. In addition, the standard requires disclosure of the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. The FASB has recently issued several amendments to the standard, including clarification on identifying performance obligations. The guidance permits two methods of adoption: retrospectively to each prior reporting period presented (full retrospective method), or retrospectively with the cumulative effect of initially applying the guidance recognized at the date of initial application (the modified retrospective method). The Company currently anticipates adopting the standard using the modified retrospective method rather than full retrospective method. The new standard will be effective for the Company beginning January 1, 2018, and adoption as of the original effective date of January 1, 2017 is permitted. The Company will adopt the new standard as of January 1, 2018. The Company has made progress toward completing its evaluation of the potential changes from adopting this new standard on its financial reporting and disclosures. The Company has evaluated the impact of the standard on majority of its revenue streams. Under the new standard, an entity recognizes revenue when or as it satisfies a performance obligation by transferring a good or service to the customer, either at a point in time or over time. Based on its current analysis, the Company expects to continue to recognize most of its product solution revenue at a point in time upon delivery or obtaining acceptance, when such acceptance is deemed substantive, in addition, the Company may identify additional performance obligations. For fixed price contracts, which includes significant customization, that is currently recognized using the percentage-of-completion method based on labor effort, the Company does not expect significant changes. The Company is still evaluating the total impact of the new revenue standard and expects to complete the evaluations and validate the impact of the accounting and disclosure changes on its business processes, controls and systems, design any changes to such business processes, controls and systems, and implement the changes during 2017. 2. In July 2015, the FASB issued ASU 2015-11, "Inventory (Topic 330): Simplifying the Measurement of Inventory." Under this accounting guidance, inventory will be measured at the lower of cost and net realizable value and other options that currently exist for market value will be eliminated. ASU 2015-11 defines net realizable value as the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation. No other changes were made to the current guidance on inventory measurement. ASU 2015-11 is effective for fiscal years beginning after December 15, 2016, and interim periods within fiscal years beginning after December 15, 2017, with early adoption permitted. The adoption of this guidance is not expected to have a material impact on the Company’s financial statements. 3. In February 2016, the FASB issued ASU 2016-02 - Leases (ASC 842), which sets out the principles for the recognition, measurement, presentation and disclosure of leases for both parties to a contract (i.e. lessees and lessors). The new standard requires lessees to apply a dual approach, classifying leases as either finance or operating leases based on the principle of whether or not the lease is effectively a financed purchase by the lessee. This classification will determine whether lease expense is recognized based on an effective interest method or on a straight line basis over the term of the lease. A lessee is also required to record a right-of-use asset and a lease liability for all leases with a term of greater than 12 months regardless of their classification. Leases with a term of 12 months or less will be accounted for similar to existing guidance for operating leases today. The new standard requires lessors to account for leases using an approach that is substantially equivalent to existing guidance for sales-type leases, direct financing leases and operating leases. The ASU is expected to impact the Company’s consolidated financial statements as it has certain operating lease arrangements. ASU 2016-02supersedes the previous leases standard, ASC 840, “Leases”. The standard will be effective on January 1, 2019, with early adoption permitted. The ASU has not yet been adopted and the Company is currently evaluating the impact that the adoption of ASU 2016-02 will have on its financial statements.

SIGNIFICANT ACCOUNTING POLICI21

SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Schedule of Annual Rates of Depreciation	Annual rates of depreciation are as follows: % Computers and electronic equipment 15 - 33 Office furniture and equipment 6 - 33 Leasehold improvements At the shorter of the lease period or useful life of the leasehold improvement
Assumptions Used in Estimation of Fair Value of Stock-based Compensation Awards	The fair value for options granted in 2016, 2015 and 2014 is estimated at the date of grant with the following weighted average assumptions: 2016 2015 2014 Dividend yield 0% 0% 0% Expected volatility 50.7%-59.4% 51.4%-62% 70%-74% Risk-free interest 0.8%-1.4% 0.6%-1.7% 0.6%-0.8% Expected life (in years) 2.79-4.99 2.39-4.58 2.81

INVENTORY (Tables)

INVENTORY (Tables)	12 Months Ended
	Dec. 31, 2016
Inventory Disclosure [Abstract]
Schedule of Inventory	December 31, 2016 2015 Raw materials $ 57 $ 126 Finished products (*) 566 1,406 $ 623 $ 1,532 (*) Includes amounts of $176 and $373 for 2016 and 2015, respectively, with respect to inventory delivered to customers but for which revenue criteria have not been met yet.

OTHER ACCOUNTS RECEIVABLE AND23

OTHER ACCOUNTS RECEIVABLE AND PREPAID EXPENSES (Tables)	12 Months Ended
	Dec. 31, 2016
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Schedule of Other Accounts Receivable And Prepaid Expenses	NOTE 4: - OTHER ACCOUNTS RECEIVABLE AND PREPAID EXPENSES December 31, 2016 2015 Indirect taxes $ 58 $ 54 Government of Israel – grants to receive 46 622 Prepaid expenses 692 701 Advances to suppliers 16 10 Related party (see note 11a(5)) 585 - Tax balance to receive from customers 461 613 Others 102 87 $ 1,960 $ 2,087

PROPERTY AND EQUIPMENT, NET (Ta

PROPERTY AND EQUIPMENT, NET (Tables)	12 Months Ended
	Dec. 31, 2016
Property, Plant and Equipment [Abstract]
Composition of Assets, Grouped by Major Classification	Composition of assets, grouped by major classification, is as follows: December 31, 2016 2015 Cost: Computers and electronic equipment $ 1,885 $ 649 Office furniture and equipment 615 499 Leasehold improvements 442 424 2,942 1,572 Accumulated depreciation: Computers and electronic equipment 603 373 Office furniture and equipment 410 408 Leasehold improvements 413 407 1,426 1,188 $ 1,516 $ 384

OTHER ACCOUNTS PAYABLE AND AC25

OTHER ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Tables)	12 Months Ended
	Dec. 31, 2016
Payables and Accruals [Abstract]
Schedule of Other Accounts Payable and Accrued Expenses	December 31, 2016 2015 Royalties - IIA payable $ 938 $ 655 Commissions to distributors 333 395 Accrued expenses 810 440 $ 2,081 $ 1,490

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	12 Months Ended
	Dec. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Schedule of future minimum aggregate lease commitments under non-cancelable operating lease agreements	As of December 31, 2016, the future minimum aggregate lease commitments under non-cancelable operating lease agreements are as follows: As of the year ended December 31, Premises Motor vehicles Total 2017 $ 782 $ 65 $ 847 2018 $ 715 - $ 715 2019 $ 715 - $ 715 2020 $ 715 - $ 715 $ 2,927 $ 65 $ 2,992

TAXES ON INCOME (Tables)

TAXES ON INCOME (Tables)	12 Months Ended
	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Significant Components of Deferred Tax Assets and Liabilities	Significant components of the Company's deferred tax assets and liabilities are as follows: December 31 2016 2015 Deferred tax assets: Carryforward tax losses $ 11,892 $ 14,205 Research and development credit 601 396 Accrued social benefits and other 683 791 13,176 15,392 Less - valuation allowance (13,176 ) (15,392 ) Net deferred tax assets $ - $ -
Components of Income (Loss) Before Income Taxes	The components of income (loss) before income taxes are as follows: Year ended December 31, 2016 2015 2014 Domestic $ 3,018 $ (755 ) $ 3,350 Foreign (1,079 ) (47 ) (2,444 ) Income (loss) before income taxes $ 1,939 $ (802 ) $ 906
Reconciliation of Theoretical Tax Benefit and Actual Tax Expense	Year ended December 31, 2016 2015 2014 Income (loss) before income taxes, as reported in the statements of operations $ 1,939 $ (802 ) $ 906 Statutory tax rate in Israel 25 % 26.5 % 26.5 % Theoretical tax benefit $ 485 $ (213 ) $ 240 Increase (decrease) in income taxes resulting from: Tax rate differential on foreign subsidiaries (98 ) (2 ) (176 ) Non-deductible expenses and other permanent differences 683 446 222 Differences in taxes arising from foreign currency exchange, net (324 ) 641 1,715 Losses and timing differences for which valuation allowance was provided, net (1,102 ) (451 ) (2,326 ) Withholding taxes that were deducted by the Company's customers 6 121 180 Other 374 (421 ) 325 Income taxes $ 24 $ 121 $ 180

SHAREHOLDERS' EQUITY (Tables)

SHAREHOLDERS' EQUITY (Tables)	12 Months Ended
	Dec. 31, 2016
Stockholders' Equity Note [Abstract]
Schedule of Stock Option Activity	Stock options for the year ended December 31, 2016 under the Company’s plans are as follows: Number of options Weighted average exercise price Weighted average remaining contractual term (in years) Aggregate intrinsic value Outstanding at January 1, 2016 856,986 7.75 3.28 $ 6,157 Granted 281,800 11.68 Exercised (508,149 ) 6.55 Expired and forfeited (6,200 ) 10.33 Outstanding at December 31, 2016 624,437 10.47 3.55 $ 4,576 Vested and expected to vest at December 31, 2016 624,437 10.47 3.55 $ 4,576 Exercisable at December 31, 2016 330,337 9.41 2.75 $ 2,771
Schedule of RSUs	RSUs for the year ended December 31, 2016 under the Company’s 2013 Share Option Plan are as follows: Number of RSUs Weighted average remaining contractual term (in years) Aggregate intrinsic value Outstanding at January 1, 2016 15,500 0.1 $ 231 Granted 216,300 Vested (37,500 ) Cancelled (1,150 ) Outstanding at December 31, 2016 193,150 2.02 $ 3,438 Vested and expected to vest at December 31, 2016 193,150 2.02 $ 3,438
Stock Options Under the Plans by Exercise Price	As of December 31, 2016, stock options under the 2013 Share Option Plan, as amended are as follows for the year ended December 31, 2016: Options outstanding at December 31, 2016 Options exercisable at December 31, 2016 Exercise price Number outstanding Weighted average exercise price Weighted average remaining contractual life Number exercisable Weighted average exercise price Weighted average remaining contractual life $ $ In years $ In years 2.56 - 4.86 50,587 3.28 1.76 50,587 3.28 1.76 5.17 - 8.60 70,750 6.49 2.16 70,750 6.49 2.16 10.49 – 14.52 503,100 11.75 3.93 209,000 11.88 3.19 624,437 330,337
Departmental Allocation of Share-based Compensation Charge	The following table summarizes the departmental allocation of the Company's share-based compensation charges: Year ended December 31, 2016 (*) 2015 (*) 2014 Cost of revenues $ 118 $ 33 $ 12 Research and development, net 625 529 178 Selling and marketing, net 199 380 146 General and administrative 1,529 467 243 $ 2,471 $ 1,409 $ 579 (*) Including $1,331 and $342 of compensation cost related to RSUs for the year ended December 31, 2016 and 2015, respectively.

SELECTED STATEMENTS OF OPERAT29

SELECTED STATEMENTS OF OPERATIONS DATA (Tables)	12 Months Ended
	Dec. 31, 2016
SELECTED STATEMENTS OF OPERATIONS DATA [Abstract]
Schedule of revenues from sales to unaffiliated customers	Revenues from sales to unaffiliated customers: Year ended December 31, 2016 2015 2014 North America $ 19,167 $ 1,018 $ 1,922 Europe 946 1,204 3,189 Asia (Excluding Philippines) 355 576 847 Philippines 4,959 8,071 3,544 South America (Excluding Brazil) 785 2,456 4,235 Brazil 2,496 3,487 6,448 Other (Including Israel) 802 1,861 3,451 $ 29,510 $ 18,673 $ 23,636
Schedule of property and equipment, net, by geographic areas	Property and equipment, net, by geographic areas: Year ended December 31, 2016 2015 Israel $ 1,422 $ 339 Other 94 45 $ 1,516 $ 384
Schedule of Financial Expenses, Net	Years ended December 31, 2016 2015 2014 Financial Income: Interest income $ 489 $ 229 $ 170 Foreign currency exchange gain 424 36 193 913 265 363 Financial expenses: Interest and bank charges (23 ) (23 ) (40 ) Foreign currency exchange loss (74 ) (675 ) (655 ) (97 ) (698 ) (695 ) $ 816 $ (433 ) $ (332 )
Schedule of computation of basic and diluted net income (loss) per share	The following table sets forth the computation of basic and diluted net income (loss) per share: Years ended December 31, 2016 2015 2014 Numerator: Numerator for basic net income (loss) per share $ 1,915 $ (923 ) $ 726 Effect of dilutive securities: Options and warrants issued to grantees and investors, respectively - - - Numerator for dilutive net income (loss) per share $ 1,915 $ (923 ) $ 726 Denominator: Denominator for dilutive net income (loss) per share - weighted average number of Ordinary Shares 10,406,897 8,572,681 8,088,974 Effect of dilutive securities: Options and warrants issued to grantees and investors, respectively 372,650 - 503,413 Denominator for diluted net income (loss) per share - adjusted weighted average number of Ordinary Shares 10,779,547 8,572,681 8,592,387

RELATED PARTY BALANCES AND TR30

RELATED PARTY BALANCES AND TRANSACTIONS (Tables)	12 Months Ended
	Dec. 31, 2016
Balances With Related Parties [Member]
Related Party Transaction [Line Items]
Schedule of Related Parties	December 31, 2016 2015 Assets: Trade receivables, net $ 952 $ 2 Other accounts receivable and prepaid expenses $ 588 $ - Liabilities: Trade payables $ 169 $ 184 Other accounts payables and accrued expenses $ 92 $ 16 Advances from customers $ 1,880 $ -
Transactions With Related Parties [Member]
Related Party Transaction [Line Items]
Schedule of Related Parties	Year ended December 31, 2016 2015 2014 Revenues $ 18,461 $ 169 $ 72 Expenses: Cost of revenues $ 210 $ 42 $ 56 Operating expenses: Research and development, net $ 224 $ 244 $ 249 Sales and marketing, net $ 142 $ 118 $ 125 General and administrative $ 250 $ 93 $ 60 Capital expenses $ 21 $ - $ -

GENERAL (Details)

GENERAL (Details) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended		4 Months Ended	12 Months Ended
	May 25, 2016	May 19, 2016	May 04, 2016	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Inventory [Line Items]
Initial payment received under sales agreement				$ 18,322	$ 18,322
Accumulated deficit				(56,104)	(58,019)
Cash generated from operating activities				9,451	$ 1,884	$ 3,386
Follow-on Public Offering		$ 1,818,182	$ 50,000
Follow-on Public Offering per sahre price	$ 11	$ 11
Shares issued	2,090,909	272,727
Gross proceeds from public offering	$ 21,279	$ 20,000
Net proceeds from public offering	$ 1,721	$ 1,455
Amdocs Software Systems Limited [Member]
Inventory [Line Items]
Initial payment received under sales agreement				$ 18,310
Percentage of total consolidated revenues drived				62.00%

SIGNIFICANT ACCOUNTING POLICI32

SIGNIFICANT ACCOUNTING POLICIES (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Accounting Policies [Abstract]
Trade receivables, allowances for doubtful accounts	$ 9	$ 0
Bad debt expense	0	0	$ 0
Inventory write offs	$ 498	346	187
Additional inventory write-down			1,005
Percentage of marketing expenses for which entity receive grants	50.00%
Grants received presented as a reduction in marketing expenses	$ 75	$ 215	$ 55
Shares excluded from the calculation of diluted net income (loss) per share		1,349,414	1,368,220
Uncertain tax position, likelihood of being sustained, threshold for recognition	50.00%
Years employment required for eligibility for severance pay	1 year
Months severance salary payable per year of employment	1 month
Severance pay expenses	$ 905	$ 485	$ 527

SIGNIFICANT ACCOUNTING POLICI33

SIGNIFICANT ACCOUNTING POLICIES (Annual Rates of Depreciation) (Details)	12 Months Ended
	Dec. 31, 2016
Computers and electronic equipment [Member]
Property, Plant and Equipment [Line Items]
Annual rate of depreciation, minimum	15.00%
Annual rate of depreciation, maximum	33.00%
Office furniture and equipment [Member]
Property, Plant and Equipment [Line Items]
Annual rate of depreciation, minimum	6.00%
Annual rate of depreciation, maximum	33.00%

SIGNIFICANT ACCOUNTING POLICI34

SIGNIFICANT ACCOUNTING POLICIES (Assumptions Used in Estimation of Fair Value of Stock-based Compensation Awards) (Details)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Dividend rate	0.00%	0.00%	0.00%
Expected volatility, minimum	50.70%	51.40%	70.00%
Expected volatility, maximum	59.40%	62.00%	74.00%
Risk free interest rate, minimum	0.80%	0.60%	0.60%
Risk free interest rate, maximum	1.40%	1.70%	0.80%
Expected term (in years)			2 years 9 months 22 days
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected term (in years)	2 years 9 months 15 days	2 years 4 months 20 days
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected term (in years)	4 years 11 months 27 days	4 years 6 months 29 days

INVENTORY (Details)

INVENTORY (Details) - USD ($) $ in Thousands		Dec. 31, 2016	Dec. 31, 2015
Inventory Disclosure [Abstract]
Raw materials		$ 57	$ 126
Finished products	[1]	566	1,406
Inventory		623	1,532
Inventory delivered to customers but not recognized in revenue		$ 176	$ 373
[1]	Includes amounts of $ 176 and $ 373 for 2016 and 2015, respectively, with respect to inventory delivered to customers but for which revenue criteria have not been met yet.

OTHER ACCOUNTS RECEIVABLE AND36

OTHER ACCOUNTS RECEIVABLE AND PREPAID EXPENSES (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Indirect taxes	$ 58	$ 54
Government of Israel - grants to receive	46	622
Prepaid expenses	692	701
Advances to suppliers	16	10
Related party (see note 11a(5))	585
Tax balance to receive from customers	461	613
Others	102	87
Other current assets, total	$ 1,960	$ 2,087

PROPERTY AND EQUIPMENT, NET (De

PROPERTY AND EQUIPMENT, NET (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 2,942	$ 1,572
Accumulated depreciation	1,426	1,188
Property and equipment, net	1,516	384
Depreciation expenses	286	123	$ 87
Computers and electronic equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, cost	1,885	649
Accumulated depreciation	603	373
Office Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, cost	615	499
Accumulated depreciation	410	408
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, cost	442	424
Accumulated depreciation	$ 413	$ 407

OTHER ACCOUNTS PAYABLE AND AC38

OTHER ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Payables and Accruals [Abstract]
Royalties - IIA payable	$ 938	$ 655
Commissions to distributors	333	395
Accrued expenses	810	440
Other payables and accrued expenses, total	$ 2,081	$ 1,490

COMMITMENTS AND CONTINGENCIES39

COMMITMENTS AND CONTINGENCIES (Royalty Commitments) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Long-term Purchase Commitment [Line Items]
Proceeds from grants received	$ 75	$ 215	$ 55
Israel Innovation Authority (IIA) [Member]
Long-term Purchase Commitment [Line Items]
Royalty rates	3.50%
Percent of grants received paid in royalties	100.00%
Total commitment with respect to royalty-bearing participation received, net of royalties paid	$ 43,563
Proceeds from grants received	40,085
Accumulated interest, grants	15,491
Accumulated royalties paid	12,013
Royalty expenses	$ 1,033	$ 655	$ 827
Israeli Ministry Of Trade [Member]
Long-term Purchase Commitment [Line Items]
Royalty rates	3.00%
Proceeds from grants received	$ 619
Maximum term for required royalty payments	5 years
BIRD-F [Member]
Long-term Purchase Commitment [Line Items]
Royalty rates	5.00%
Percent of grants received paid in royalties	150.00%
Proceeds from grants received	$ 340
Royalties due based on stated percentage	815
Linkage to the United States Consumer Price Index	449
Accumulated royalties paid	$ 366

COMMITMENTS AND CONTINGENCIES40

COMMITMENTS AND CONTINGENCIES (Operating Leases) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)item	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)
Property, Plant and Equipment [Line Items]
Lease term	36 months
Number of leased cars maintained | item	30
Future minimum rental payments, operating leases:
2,017	$ 847
2,018	715
2,019	715
2,020	715
Total	2,992
Sublease expenses	27
Rental, lease, and maintenance expenses	$ 1,023	$ 801	$ 883
Expiry Lease	Dec. 31, 2022
Premises [Member]
Future minimum rental payments, operating leases:
2,017	$ 782
2,018	715
2,019	715
2,020	715
Total	2,927
Motor vehicles [Member]
Future minimum rental payments, operating leases:
2,017	65
2,018
2,019
2,020
Total	$ 65

COMMITMENTS AND CONTINGENCIES41

COMMITMENTS AND CONTINGENCIES (Bank Guarantee) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Guarantor Obligations [Line Items]
Inventory and related costs write off charge	$ 498	$ 346	$ 187
Costs of revenue	8,982	4,326	8,693
Selling and marketing, net expenses	8,528	$ 7,834	7,295
Termination letter [Member]
Guarantor Obligations [Line Items]
Inventory and related costs write off charge			1,815
Costs of revenue			1,639
Selling and marketing, net expenses			$ 176
Guarantee expiring April 30, 2017 [Member]
Guarantor Obligations [Line Items]
Bank performance guarantee	32
Guarantee expiring December 12, 2017 [Member]
Guarantor Obligations [Line Items]
Bank performance guarantee	$ 76

TAXES ON INCOME (Narrative) (De

TAXES ON INCOME (Narrative) (Details) ₪ in Thousands, $ in Thousands	Jan. 05, 2016	Jan. 31, 2017	Dec. 31, 2016USD ($)	Dec. 31, 2016ILS (₪)	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)
Taxes On Income [Line Items]
Israeli corporate tax rate	25.00%		25.00%	25.00%	26.50%	26.50%
Tax loss carry forward			$ 32,282
Capital Loss			642
Net change in total valuation allowance			2,216
Revenues			$ 29,510		$ 18,673	$ 23,636
Federal [Member]
Taxes On Income [Line Items]
Israeli corporate tax rate			40.00%	40.00%
U.S.subsidiary [Member] | Minimum [Member]
Taxes On Income [Line Items]
Expiry date			Dec. 31, 2017	Dec. 31, 2017
U.S.subsidiary [Member] | Maximum [Member]
Taxes On Income [Line Items]
Expiry date			Dec. 31, 2026	Dec. 31, 2026
Brazilian subsidiary [Member]
Taxes On Income [Line Items]
Income tax rate			34.00%	34.00%
Tax loss carry forward			$ 2,670
Maximum offset percentage of taxable income for tax period			30.00%	30.00%
Israel (Development area A) [Member]
Taxes On Income [Line Items]
Israeli corporate tax rate			16.00%	16.00%
2014 and thereafter [Member]
Taxes On Income [Line Items]
Israeli corporate tax rate			9.00%	9.00%
2014 and thereafter [Member] | Subsequent Event [Member]
Taxes On Income [Line Items]
Israeli corporate tax rate		7.50%
2017 [Member]
Taxes On Income [Line Items]
Israeli corporate tax rate			24.00%	24.00%
2018 [Member]
Taxes On Income [Line Items]
Israeli corporate tax rate			23.00%	23.00%
Federal [Member] | U.S.subsidiary [Member]
Taxes On Income [Line Items]
Tax loss carry forward			$ 8,448
State tax [Member] | U.S.subsidiary [Member]
Taxes On Income [Line Items]
Tax loss carry forward			$ 274
Indian subsidiary [Member]
Taxes On Income [Line Items]
Income tax rate			30.00%	30.00%
Parent Company [Member]
Taxes On Income [Line Items]
Israeli corporate tax rate			12.00%	12.00%
Revenues | ₪				₪ 10,000,000
Parent Company [Member] | Israel (Development area A) [Member]
Taxes On Income [Line Items]
Israeli corporate tax rate			7.50%	7.50%
Parent Company [Member] | Special technological preferred enterprise [Member]
Taxes On Income [Line Items]
Israeli corporate tax rate			6.00%	6.00%
Income tax rate			4.00%	4.00%
Revenues | ₪				₪ 10,000,000

TAXES ON INCOME (Significant Co

TAXES ON INCOME (Significant Components of Deferred Tax Assets and Liabilities) (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Carryforward tax losses	$ 11,892	$ 14,205
Research and development credit	601	396
Accrued social benefits and other	683	791
Deferred tax assets, gross	13,176	15,392
Less - valuation allowance	(13,176)	(15,392)
Net deferred tax assets

TAXES ON INCOME (Components of

TAXES ON INCOME (Components of Income (Loss) Before Income Taxes) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Domestic	$ 3,018	$ (755)	$ 3,350
Foreign	(1,079)	(47)	(2,444)
Income (loss) before taxes on income	$ 1,939	$ (802)	$ 906

TAXES ON INCOME (Reconciliation

TAXES ON INCOME (Reconciliation of Theoretical Tax Benefit and Actual Tax Expense) (Details) - USD ($) $ in Thousands	Jan. 05, 2016	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Income (loss) before income taxes, as reported in the statements of operations		$ 1,939	$ (802)	$ 906
Statutory tax rate in Israel	25.00%	25.00%	26.50%	26.50%
Theoretical tax benefit		$ 485	$ (213)	$ 240
Tax rate differential on foreign subsidiaries		(98)	(2)	(176)
Non-deductible expenses and other permanent differences		683	446	222
Differences in taxes arising from foreign currency exchange, net		(324)	641	1,715
Losses and timing differences for which valuation allowance was provided, net		(1,102)	(451)	(2,326)
Withholding taxes that were deducted by the Company's customers		6	121	180
Other		374	(421)	325
Income taxes		$ 24	$ 121	$ 180

SHAREHOLDERS' EQUITY (Narrative

SHAREHOLDERS' EQUITY (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended		4 Months Ended	12 Months Ended
	May 25, 2016	May 19, 2016	May 04, 2016	Dec. 31, 2016		Dec. 31, 2015		Dec. 31, 2014	Oct. 30, 2016	Mar. 03, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares held by subsidiary				5,189
Treasury stock, shares				30,843
Increase in authorized ordinary shares						$ 1,026
Number of authorized ordinary shares				20,000,000		20,000,000
Follow-on Public Offering		$ 1,818,182	$ 50,000
Follow-on Public Offering per sahre price	$ 11	$ 11
Gross proceeds from public offering	$ 21,279	$ 20,000
Net proceeds from public offering	$ 1,721	$ 1,455
Shares issued	2,090,909	272,727
In-the-money options outstanding				624,437
In-the-money options exercisable				330,337
Compensation cost				$ 2,471	[1]	$ 1,409	[1]	$ 579
Issuance of shares upon exercise of warrants				310,985		22,921
Unrecognized balance of compensation expenses				$ 3,120
Weighted average period over which total unrecognized cost related to non-vested share based compensation expected to be recognized				1 year 1 month 17 days
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period for plan				4 years
Share Option Plan 2013 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of outstanding shares reserved before increment									1,250,000	750,000
Number of outstanding shares reserved									2,450,000	1,250,000
Number of shares available for future grants				1,172,400
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Warrants exercised				508,149		185,989
Granted						$ 11.76
Weighted average fair values of options granted				$ 6.68		4.90		$ 2.70
Employee Stock Option [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted				11.29
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average fair values on grant date				$ 14.69		$ 10.60
Compensation cost				$ 1,331		$ 342
Warrant [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Warrants exercised				310,985
Employee Stock Option and Restricted Stock Units RSU [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period for plan				3 years
[1]	Including $1,331 and $342 compensation cost related to RSUs for the year ended December 31, 2016 and 2015, respectively.

SHAREHOLDERS' EQUITY (Stock Opt

SHAREHOLDERS' EQUITY (Stock Options Under the Plans) (Details) - Employee Stock Option [Member] - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Number of options
Options outstanding, beginning balance	856,986
Granted	281,800
Exercised	(508,149)	(185,989)
Expired and forfeited	(6,200)
Options outstanding, ending balance	624,437	856,986
Exercisable at December 31, 2016	330,337
Weighted average exercise price
Options outstanding, beginning balance	$ 7.75	$ 5.38
Granted		11.76
Exercised	6.55
Expired & forfeited	10.33
Options outstanding, ending balance	10.47	$ 7.75
Exercisable at December 31, 2016	$ 9.41
Weighted average remaining contractual term (in years)
Outstanding	3 years 6 months 18 days
Exercisable at December 31, 2016	2 years 9 months
Aggregate intrinsic value
Outstanding	$ 4,576	$ 6,157
Options exercisable	$ 2,771
Vested and expected to vest at December 31, 2016
Number of options	624,437
Weighted average exercise price	$ 10.47
Weighted average remaining contractual life	3 years 6 months 18 days
Aggregate intrinsic value	$ 4,576

SHAREHOLDERS' EQUITY (Stock O48

SHAREHOLDERS' EQUITY (Stock Options Under the Plans by Exercise Price) (Details) - $ / shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Options outstanding at December 31, 2016
Number outstanding	624,437
Options exercisable at December 31, 2016
Number outstanding	330,337
Employee Stock Option [Member] | 2.56 - 4.86 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Minimum exercise price	$ 2.56
Maximum exercise price	4.86
Options outstanding at December 31, 2016
Number outstanding		50,587
Weighted average exercise price	$ 3.28
Weighted average remaining contractual life (in years)	1 year 9 months 4 days
Options exercisable at December 31, 2016
Number outstanding		50,587
Weighted average exercise price	$ 3.28
Weighted average remaining contractual life	1 year 9 months 4 days
Employee Stock Option [Member] | 5.17-8.6 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Minimum exercise price	$ 5.17
Maximum exercise price	8.60
Options outstanding at December 31, 2016
Number outstanding		70,750
Weighted average exercise price	$ 6.49
Weighted average remaining contractual life (in years)	2 years 1 month 28 days
Options exercisable at December 31, 2016
Number outstanding		70,750
Weighted average exercise price	$ 6.49
Weighted average remaining contractual life	2 years 1 month 28 days
Employee Stock Option [Member] | 10.49 - 14.52 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Minimum exercise price	$ 10.49
Maximum exercise price	14.52
Options outstanding at December 31, 2016
Number outstanding		503,100
Weighted average exercise price	$ 11.75
Weighted average remaining contractual life (in years)	3 years 11 months 5 days
Options exercisable at December 31, 2016
Number outstanding		209,000
Weighted average exercise price	$ 11.88
Weighted average remaining contractual life	3 years 2 months 9 days

SHAREHOLDERS' EQUITY (Schedule

SHAREHOLDERS' EQUITY (Schedule of RSUs) (Details) - Restricted Stock Units (RSUs) [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Number of RSUs
Options outstanding, beginning balance	15,500
Granted	216,300
Vested	(37,500)
Cancelled and forfeited	(1,150)
Options outstanding, ending balance	193,150	15,500
Vested and expected to vest at December 31, 2016		193,150
Weighted average remaining contractual term (in years)
Options outstanding, ending balance	2 years 7 days	1 month 6 days
Vested and expected to vest at December 31, 2016	2 years 7 days
Aggregate intrinsic value
Options outstanding, ending balance	$ 3,438	$ 231
Vested and expected to vest at December 31, 2016	$ 3,438

SHAREHOLDERS' EQUITY (Departmen

SHAREHOLDERS' EQUITY (Departmental Allocation of Share-Based Compensation Charge)(Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	[1]	Dec. 31, 2015	[1]	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Share-based compensation charge	$ 2,471		$ 1,409		$ 579
Cost of revenues [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Share-based compensation charge	118		33		12
Research and development, net [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Share-based compensation charge	625		529		178
Selling and marketing, net [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Share-based compensation charge	199		380		146
General and administrative [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Share-based compensation charge	$ 1,529		$ 467		$ 243
[1]	Including $1,331 and $342 compensation cost related to RSUs for the year ended December 31, 2016 and 2015, respectively.

SHAREHOLDERS' EQUITY (Outstandi

SHAREHOLDERS' EQUITY (Outstanding Warrants and Rights) (Details) - $ / shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2014
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise price	$ 7.75	$ 10.47	$ 5.38
Award Issuance Date One [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Issuance date	Apr. 24, 2013
Outstanding and exercisable	135,537
Exercise price	$ 3.49
Exercisable through	Jul. 2, 2016
Award Issuance Date Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Issuance date	Apr. 24, 2013
Outstanding and exercisable	175,448
Exercise price	$ 3.49
Exercisable through	Apr. 23, 2016

SELECTED STATEMENTS OF OPERAT52

SELECTED STATEMENTS OF OPERATIONS DATA (Narrative) (Details) - item	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Segment Reporting Information [Line Items]
Number of customers exceeding threshold	2	2	3
Number of reportable segments	1
USA [Member] | Sales Revenue, Net [Member] | Customer Concentration Risk [Member]
Segment Reporting Information [Line Items]
Single customer purchases percent of total revenues	62.00%
Philippines [Member] | Sales Revenue, Net [Member] | Customer Concentration Risk [Member]
Segment Reporting Information [Line Items]
Single customer purchases percent of total revenues	17.00%	43.00%	15.00%
Brazil [Member] | Sales Revenue, Net [Member] | Customer Concentration Risk [Member]
Segment Reporting Information [Line Items]
Single customer purchases percent of total revenues		14.00%	22.00%
Israel [Member] | Sales Revenue, Net [Member] | Customer Concentration Risk [Member]
Segment Reporting Information [Line Items]
Single customer purchases percent of total revenues			12.00%

SELECTED STATEMENTS OF OPERAT53

SELECTED STATEMENTS OF OPERATIONS DATA (Schedule of Revenues From Sales to Unaffiliated Customers) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Segment Reporting Information [Line Items]
Revenues	$ 29,510	$ 18,673	$ 23,636
North America [Member]
Segment Reporting Information [Line Items]
Revenues	19,167	1,018	1,922
Europe [Member]
Segment Reporting Information [Line Items]
Revenues	946	1,204	3,189
Asia (Excluding Philippines) [Member]
Segment Reporting Information [Line Items]
Revenues	355	576	847
Philippines [Member]
Segment Reporting Information [Line Items]
Revenues	4,959	8,071	3,544
South America (Excluding Brazil) [Member]
Segment Reporting Information [Line Items]
Revenues	785	2,456	4,235
Brazil [Member]
Segment Reporting Information [Line Items]
Revenues	2,496	3,487	6,448
Other (Including Israel) [Member]
Segment Reporting Information [Line Items]
Revenues	$ 802	$ 1,861	$ 3,451

SELECTED STATEMENTS OF OPERAT54

SELECTED STATEMENTS OF OPERATIONS DATA (Schedule of Property and Equipment, Net, by Geographic Areas) (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Revenues from External Customers and Long-Lived Assets [Line Items]
Property and equipment, net	$ 1,516	$ 384
Israel [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Property and equipment, net	1,422	339
Other [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Property and equipment, net	$ 94	$ 45

SELECTED STATEMENTS OF OPERAT55

SELECTED STATEMENTS OF OPERATIONS DATA (Financial Expenses, Net) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Financial Income:
Interest income	$ 489	$ 229	$ 170
Foreign currency exchange gain	424	36	193
Financial Income	913	265	363
Financial expenses:
Interest and bank charges	(23)	(23)	(40)
Foreign currency exchange loss	(74)	(675)	(655)
Other expense	(97)	(698)	(695)
Financial expenses, net	$ 816	$ (433)	$ (332)

SELECTED STATEMENTS OF OPERAT56

SELECTED STATEMENTS OF OPERATIONS DATA (Schedule of Computation of Basic and Diluted Net Income (Loss) Per Share) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Numerator:
Numerator for basic net income (loss) per share	$ 1,915	$ (923)	$ 726
Effect of dilutive securities: Options and warrants issued to grantees and investors, respectively
Numerator for dilutive net income (loss) per share	$ 1,915	$ (923)	$ 726
Denominator:
Denominator for dilutive net income (loss) per share - weighted average number of Ordinary Shares	10,406,897	8,572,681	8,088,974
Effect of dilutive securities: Options and warrants issued to grantees and investors, respectively	372,650		503,413
Denominator for diluted net income (loss) per share - adjusted weighted average number of Ordinary Shares	10,779,547	8,572,681	8,592,387

RELATED PARTY BALANCES AND TR57

RELATED PARTY BALANCES AND TRANSACTIONS (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended		4 Months Ended	12 Months Ended
	May 25, 2016	May 19, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Related Party Transaction [Line Items]
Aggregated Revenue				$ 62		$ 19
Aggregate net amounts of lease expenses				604	$ 411	417
Related party revenues				139	107	53
Reimburse expense				730
Renovation and reimburse expenses				585
Financial expenses				816	(433)	(332)
Initial payment received under sales agreement				$ 18,322	18,322
Follow-on Public Offering per sahre price	$ 11	$ 11
Gross proceeds from public offering	$ 21,279	$ 20,000
Shares issued	2,090,909	272,727
Principal shareholder [Member]
Related Party Transaction [Line Items]
Joint Ownership Percentage of Principal Shareholders Which Are Principal Shareholder of Affiliates				29.00%
AT&T Engagement [Member]
Related Party Transaction [Line Items]
Initial payment received under sales agreement				$ 18,310
Chairwoman [Member]
Related Party Transaction [Line Items]
Salary expenses			$ 30	$ 180
Consultant [Member]
Related Party Transaction [Line Items]
Related party expense					$ 24	$ 39
Director [Member]
Related Party Transaction [Line Items]
Shares issued	200,000
Investment in issuance of Ordinary shares	$ 2,200

RELATED PARTY BALANCES AND TR58

RELATED PARTY BALANCES AND TRANSACTIONS (Schedule of Balances with Related Parties) (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Assets:
Trade receivables, net	$ 4,388	$ 3,684
Other accounts receivable and prepaid expenses	1,960	2,087
Liabilities:
Trade payables	2,820	1,465
Other accounts payable and accrued expenses	2,081	1,490
Balances With Related Parties [Member]
Assets:
Trade receivables, net	952	2
Other accounts receivable and prepaid expenses	588
Liabilities:
Trade payables	169	184
Other accounts payable and accrued expenses	92	16
Advances from customers	$ 1,880

RELATED PARTY BALANCES AND TR59

RELATED PARTY BALANCES AND TRANSACTIONS (Schedule of Transactions with Related Parties) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Related Party Transaction [Line Items]
Revenues	$ 29,510	$ 18,673	$ 23,636
Expenses:
Cost of revenues	8,982	4,326	8,693
Operating expenses:
Research and development	8,047	6,071	5,812
Sales and marketing	8,528	7,834	7,295
General and administrative	4,523	2,393	2,262
Financial expenses	816	(433)	(332)
Transactions With Related Parties [Member]
Related Party Transaction [Line Items]
Revenues	18,461	169	72
Expenses:
Cost of revenues	210	42	56
Operating expenses:
Research and development	224	244	249
Sales and marketing	142	118	125
General and administrative	250	93	60
Financial expenses
Capital expenses	$ 21