{"id":520984,"date":"2021-08-02T04:58:33","date_gmt":"2021-08-02T08:58:33","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/rada-reports-record-q2-2021-results\/"},"modified":"2021-08-02T04:58:33","modified_gmt":"2021-08-02T08:58:33","slug":"rada-reports-record-q2-2021-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/rada-reports-record-q2-2021-results\/","title":{"rendered":"RADA Reports Record Q2\/2021 Results"},"content":{"rendered":"<h2>\nRevenues of $28.3 million, up 61% year-over-year and continued improvement in profitability<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p>NETANYA, Israel, Aug.  02, 2021  (GLOBE NEWSWIRE) &#8212; <strong>RADA Electronic Industries Ltd. (NASDAQ: RADA, TASE: RADA) <\/strong>announced today its financial results for the three and six month periods ended June 30, 2021.<\/p>\n<p>\n        <strong><br \/>\n          <u>Highlights of the second quarter of 2021<\/u><br \/>\n        <\/strong>\n      <\/p>\n<ul type=\"disc\">\n<li>Quarterly revenues up 61% year-over-year and a 12% increase from the previous quarter to $28.3 million<\/li>\n<li>Gross margin improved to 40% compared with 36% in the year-ago quarter<\/li>\n<li>A $6.0 million deferred tax asset was recorded in Q2 in view of RADA\u2019s continued profitability.<\/li>\n<li>Net income of $10.4 million compared with $0.7 million in the year-ago quarter<\/li>\n<li>Adjusted EBITDA of $6.3 million, margin improved to 22% compared with 10% in the year-ago quarter and 19% in the previous quarter<\/li>\n<li>Quarter-end net cash position of $95.7 million<\/li>\n<\/ul>\n<p>\n        <strong><br \/>\n          <u>Management Comments<\/u><br \/>\n        <\/strong>\n      <\/p>\n<p align=\"justify\">\n        <strong>Dov Sella, RADA&#8217;s Chief Executive Officer commented, <\/strong>\u201cWe are happy with our ongoing financial performance and growth, and 2021 is proceeding according to our plans. In particular, the strong improvement in our EBITDA margin demonstrates the operating leverage in our business model. Given the current global shortage of components and the ongoing need to mitigate against any Covid-19 pandemic impact on our supply chains, we took the decision to strategically increase inventory levels to ensure availability of components for our ongoing production plans. We look forward to continued growth driven by the positive trends in our markets, especially in the USA.\u201d<\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <u>2021 Second Quarter Summary<\/u><br \/>\n        <\/strong>\n      <\/p>\n<p align=\"justify\">\n        <strong>Revenues<\/strong> totaled $28.3 million in the quarter compared with revenues of $<span dir=\"RTL\">1<\/span>7.5 million in the second quarter of 2020, an increase of 61%.<\/p>\n<p>\n        <strong>Gross profit<\/strong> totaled $11.3 million in the quarter (40% of revenues), an increase of 81% compared to gross profit of $<span dir=\"RTL\">6<\/span>.2 million in the second quarter of 2020 (36% of revenues).<\/p>\n<p>\n        <strong>Operating income<\/strong> was $4.5 million in the quarter compared to operating income of $0.6 million in the second quarter of 2020.<\/p>\n<p>\n        <strong>Income tax \u2013 <\/strong>A $6.0 million deferred tax asset was recorded in the second quarter in view of RADA\u2019s continued profitability.<\/p>\n<p>\n        <strong>Net income<\/strong> was $10.4 million, or $0.21 per share, compared to a net income of $0.7 million, or $0.02 per share, in the second quarter of 2020.<\/p>\n<p>\n        <strong>Adjusted EBITDA<\/strong> was $6.3 million in the quarter compared to adjusted EBITDA of $1.7 million in the second quarter of 2020.<\/p>\n<p>\n        <strong><br \/>\n          <u>2021 First Half Summary<\/u><br \/>\n        <\/strong>\n      <\/p>\n<p align=\"justify\">\n        <strong>Revenues<\/strong> totaled $53.5 million in the first half of 2021 compared with revenues of $32.6 million in the first half of 2020, an increase of 64%.<\/p>\n<p>\n        <strong>Gross profit<\/strong> totaled $21.2 million in the first half (40% of revenues), an increase of 83% compared to gross profit of $11.6 million in the first half of 2020 (36% of revenues).<\/p>\n<p>\n        <strong>Operating income<\/strong> was $8.1 million in the first half of 2021 compared to operating income of $0.7 million in the first half of 2020.<\/p>\n<p>\n        <strong>Income tax \u2013 <\/strong>A deferred tax asset of $6 million was recorded in view of RADA\u2019s continued profitability.<\/p>\n<p>\n        <strong>Net income <\/strong>in the first half was $14.2 million, or $0.30 per share, compared to net income of $0.9 million, or $0.02 per share, in the first half of 2020.<\/p>\n<p>\n        <strong>Adjusted EBITDA<\/strong> was $11.1 million in the first half of 2021 compared to adjusted EBITDA of $2.6 million in the first half of 2020.<\/p>\n<p>As of June 30, 2021, RADA had <strong>net cash and cash equivalents<\/strong> of $95.7 million compared to $35.8 million as of year-end 2020.\u00a0<\/p>\n<p>\n        <strong><br \/>\n          <u>Investor Conference Call<\/u><br \/>\n        <\/strong>\n      <\/p>\n<p>The Company will host a conference call later today, starting at 9:00 am ET (4pm Israel time). Management will host the call and will be available to answer questions after presenting the results.<\/p>\n<p align=\"justify\">Dial in numbers are: US 1-888-723-3164; Israel 03-918-0609 and International +972-3-918-0609.<\/p>\n<p>For those unable to participate, the teleconference will be available for replay on RADA\u2019s website at\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=CNywCgygg0aqGRdoFZHEomWio__2hpF2ABinb3lpYqPecKshQ9PZ07xtIVKzYnEfeaE8Yyi-m2aFAQ9AhcH06w==\" rel=\"nofollow noopener\" target=\"_blank\"><u>www.rada.com<\/u><\/a> beginning 48 hours after the call.<\/p>\n<p>A live webcast of the conference call will be available. Please register for the webcast a 5-10 minutes prior to the call at RADA\u2019s website: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=W0tJG2qHul6GqMGSzu2c91_0y-aZnSxmpSkJ8_thRHRWyv-z7TIratxpe3rwrXS5LmSe8W71JTrpk-ZLt5-Oe-xM-fbzGqMFA3tyDaibVhiW7WdmjtzqKeZS3w1hqLiH\" rel=\"nofollow noopener\" target=\"_blank\"><u>https:\/\/www.rada.com\/investors<\/u><\/a> following which a link to the live webcast will be sent to you within a short period.<\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <u><br \/>\n            <strong>About RADA Electronic Industries Ltd.<\/strong><br \/>\n          <\/u><br \/>\n        <\/strong>\n      <\/p>\n<p align=\"justify\">RADA is a global defense technology company focused on proprietary radar solutions and legacy avionics systems. The Company is a leader in mini-tactical radars, serving attractive, high-growth markets, including critical infrastructure protection, border surveillance, active military protection and counter-drones applications.<\/p>\n<p>\n        <strong><br \/>\n          <u>Contact Information<\/u><br \/>\n        <\/strong>\n      <\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td>\n<p>\n              <strong><br \/>\n                <strong>Company Contact:<\/strong><br \/>\n              <\/strong>\n            <\/p>\n<\/td>\n<td style=\"text-align: justify;vertical-align: middle\">\n<p>\n              <strong>Investor Relations Contact:<\/strong>\n            <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td>\n<p>Avi Israel (CFO)<br \/>Tel: +972-76-538-6200<br \/>mrkt@rada.com<br \/><a href=\"http:\/\/www.rada.com\" rel=\"nofollow noopener\" target=\"_blank\"><u>www.rada.com<\/u><\/a><\/p>\n<\/td>\n<td>\n<p>Ehud Helft<br \/>GK Investor &amp; Public Relations<br \/>Tel: +1 646 688 3559<br \/><a href=\"mailto:rada@gkir.com\" rel=\"nofollow noopener\" target=\"_blank\"><u>rada@gkir.com<\/u><\/a><\/p>\n<\/td>\n<\/tr>\n<\/table>\n<p align=\"justify\">\n        <em>Forward Looking Statements \u00a0<\/em><br \/>\n        \n      <\/p>\n<p align=\"justify\">Certain statements in this press release are &#8220;forward-looking statements&#8221; within the meaning of the Private Securities Litigation Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially. Such risk uncertainties and other factors include, but are not limited to, changes in general economic conditions, risks in product and technology developments, market acceptance of new products and continuing product demand, level of competition and other factors described in the Company&#8217;s Annual Report on Form 20-F and other filings with the Securities and Exchange Commission.<\/p>\n<p align=\"justify\">\n        <em>Information with Regard to non-GAAP Financial Measures<\/em><br \/>\n        \n      <\/p>\n<p align=\"justify\">The Company presents its financial statements in accordance with U.S. GAAP. RADA\u2019s management uses supplemental non-GAAP financial measures internally to understand, manage and evaluate its business and make operating decisions. Adjusted EBITDA is provided in this press release and the accompanying supplemental information because management believes this non-GAAP measure is useful for investors and financial institutions as it facilitates operating performance comparisons from period to period. As presented in this release, the term Adjusted EBITDA consists of net profit (loss) according to U.S. GAAP, excluding net financing expenses, taxes, depreciation and amortization and non-cash stock-based compensation expenses. Other companies, including companies in our industry, may calculate Adjusted EBITDA differently, which reduces its usefulness as a comparative measure. Because of these limitations, you should consider Adjusted EBITDA alongside other financial performance measures, including net income and our other GAAP results. Reconciliation between the Company&#8217;s results on a GAAP and non-GAAP basis is provided in the table below.<\/p>\n<p align=\"justify\">\n        \n      <\/p>\n<p align=\"justify\">\n        <strong>RECONCILIATION FROM OPERATING INCOME TO ADJUSTED EBITDA<\/strong><br \/>\n        <br \/>U.S. dollars in thousands<\/p>\n<table align=\"right\" style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"6\" style=\"border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>Six months ended<\/strong><br \/>\n            <br \/>\n            <strong>June 30, <\/strong>\n          <\/td>\n<td style=\"border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"6\" style=\"border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>Three months ended<\/strong><br \/>\n            <br \/>\n            <strong>June 30, <\/strong>\n          <\/td>\n<td style=\"border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"3\" style=\"border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>Year ended<\/strong><br \/>\n            <br \/>\n            <strong>December 31<\/strong>,<\/td>\n<\/tr>\n<tr>\n<td style=\"max-width:49%;width:49%;min-width:49%;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"max-width:1%;width:1%;min-width:1%;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"max-width:7%;width:7%;min-width:7%;border-bottom: solid black 1pt;padding-left: 0;padding-right: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>2021<\/strong>\n          <\/td>\n<td style=\"max-width:1%;width:1%;min-width:1%;border-bottom: solid black 1pt;padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"max-width:1%;width:1%;min-width:1%;border-bottom: solid black 1pt;padding-right: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"max-width:8%;width:8%;min-width:8%;border-bottom: solid black 1pt;padding-left: 0;padding-right: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>2020<\/strong>\n          <\/td>\n<td style=\"max-width:1%;width:1%;min-width:1%;border-bottom: solid black 1pt;padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"max-width:1%;width:1%;min-width:1%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"max-width:1%;width:1%;min-width:1%;border-bottom: solid black 1pt;padding-right: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"max-width:8%;width:8%;min-width:8%;border-bottom: solid black 1pt;padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>2021<\/strong>\n          <\/td>\n<td style=\"max-width:1%;width:1%;min-width:1%;border-bottom: solid black 1pt;padding-right: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"max-width:1%;width:1%;min-width:1%;border-bottom: solid black 1pt;padding-right: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"max-width:8%;width:8%;min-width:8%;border-bottom: solid black 1pt;padding-left: 0;padding-right: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>2020<\/strong>\n          <\/td>\n<td style=\"max-width:1%;width:1%;min-width:1%;border-bottom: solid black 1pt;padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"max-width:1%;width:1%;min-width:1%;border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"max-width:1%;width:1%;min-width:1%;border-bottom: solid black 1pt;padding-right: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"max-width:8%;width:8%;min-width:8%;border-bottom: solid black 1pt;padding-left: 0;padding-right: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>2020<\/strong>\n          <\/td>\n<td style=\"max-width:1%;width:1%;min-width:1%;border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"3\" style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"10\" style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: justify;vertical-align: middle;vertical-align: bottom\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<strong> (Unaudited)<\/strong><\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"3\" style=\"border-top: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>Audited<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"3\" style=\"border-top: solid black 1pt;text-align: justify;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"3\" style=\"border-top: solid black 1pt;text-align: justify;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;text-align: justify;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"border-top: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"4\" style=\"border-top: solid black 1pt;text-align: justify;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;text-align: justify;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"3\" style=\"border-top: solid black 1pt;text-align: justify;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">Income from operations before tax<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">$<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">8,177<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>$<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p> 877<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">$<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">4,405<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">$<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">707<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">$<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">5,640<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">Financial income (expenses), net<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">(122<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">)<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">(197<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">)<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">97<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">(73<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">)<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">(167<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">)<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: bottom\">Depreciation<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">1,599<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0\u00a0\u00a0\u00a0 1,014<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">843<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 541<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">2,289<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">Employees non-cash option compensation<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">1,327<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0 \u00a0 \u00a0 682<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">855<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0\u00a0\u00a0401<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">1,436<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">Other non-cash amortization<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">135<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0 \u00a0 \u00a0 232<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">127<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0 \u00a0 \u00a0 \u00a0 169<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0476<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;text-align: justify;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"3\" style=\"border-top: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"3\" style=\"border-top: solid black 1pt;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"border-top: solid black 1pt;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"4\" style=\"border-top: solid black 1pt;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"3\" style=\"border-top: solid black 1pt;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom: solid black 1pt;text-align: justify;vertical-align: middle;vertical-align: bottom\">Adjusted EBITDA<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">$<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">11,116<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">$<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">2,608<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">$<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">6,327<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">$<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">1,745<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">$<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">9,674<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"3\" style=\"border-top: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"3\" style=\"border-top: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"border-top: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"4\" style=\"border-top: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"3\" style=\"border-top: solid black 1pt;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<\/table>\n<p>\u00a0<\/p>\n<table align=\"center\" style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td colspan=\"9\" style=\"vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"9\" style=\"vertical-align: bottom\">\n            <strong>CONSOLIDATED BALANCE SHEETS<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td colspan=\"9\" style=\"border-bottom: solid black 1pt;vertical-align: bottom\">\n            <strong>U.S. dollars in thousands, except share and per share data<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 25.0px;vertical-align: bottom\">\n<p>\n              <strong><br \/>\n                <br \/>\n              <\/strong>\n            <\/p>\n<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"3\" style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <strong><br \/>\n                <br \/>\n              <\/strong>\n            <\/p>\n<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"3\" style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <strong><br \/>\n                <br \/>\n              <\/strong>\n            <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 25.0px;vertical-align: bottom\">\n<p>\n              <strong>ASSETS<\/strong>\n            <\/p>\n<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"3\" style=\"border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <strong>June 30, 202<\/strong><br \/>\n              <strong>1<\/strong>\n            <\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"3\" style=\"border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <strong>December 31, 20<\/strong><br \/>\n              <strong>20<\/strong>\n            <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"3\" style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <strong>Unaudited<\/strong>\n            <\/p>\n<\/td>\n<td style=\"border-top: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"3\" style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <strong>Audited<\/strong>\n            <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\n<p>CURRENT ASSETS:<\/p>\n<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"3\" style=\"border-top: solid black 1pt;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"3\" style=\"border-top: solid black 1pt;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"max-width:70%;width:70%;min-width:70%;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: bottom\">\n<p>Cash and cash equivalents<\/p>\n<\/td>\n<td style=\"max-width:1%;width:1%;min-width:1%;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"max-width:1%;width:1%;min-width:1%;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>$<\/p>\n<\/td>\n<td style=\"max-width:12%;width:12%;min-width:12%;padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>95,655<\/p>\n<\/td>\n<td style=\"max-width:1%;width:1%;min-width:1%;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"max-width:1%;width:1%;min-width:1%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"max-width:1%;width:1%;min-width:1%;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>$<\/p>\n<\/td>\n<td style=\"max-width:12%;width:12%;min-width:12%;padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>36<span dir=\"RTL\">,<\/span>289<\/p>\n<\/td>\n<td style=\"max-width:1%;width:1%;min-width:1%;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: bottom\">\n<p>Restricted cash<\/p>\n<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>576<\/p>\n<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0 567<\/p>\n<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: bottom\">\n<p>Trade receivables<\/p>\n<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>20,161<\/p>\n<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <span dir=\"RTL\">1<\/span><br \/>\n              <span dir=\"RTL\">4<\/span><br \/>\n              <span dir=\"RTL\">,<\/span><br \/>\n              <span dir=\"RTL\">095<\/span>\n            <\/p>\n<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: bottom\">\n<p dir=\"RTL\">\n              <span dir=\"LTR\">Contract assets <\/span>\n            <\/p>\n<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>157<\/p>\n<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0 <span dir=\"RTL\">756<\/span><\/p>\n<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: bottom\">\n<p>Other receivables and prepaid expenses<\/p>\n<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>1,273<\/p>\n<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0 <span dir=\"RTL\">1,6<\/span><span dir=\"RTL\">3<\/span><span dir=\"RTL\">7<\/span><\/p>\n<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: bottom\">\n<p>Inventories<\/p>\n<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>31,593<\/p>\n<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <span dir=\"RTL\">28<\/span><br \/>\n              <span dir=\"RTL\">,<\/span><br \/>\n              <span dir=\"RTL\">783<\/span>\n            <\/p>\n<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"3\" style=\"border-top: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"3\" style=\"border-top: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <strong><br \/>\n                <u>Total<\/u><br \/>\n              <\/strong><br \/>\n              <strong> current assets<\/strong>\n            <\/p>\n<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>149,415<\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <span dir=\"RTL\">82<\/span><br \/>\n              <span dir=\"RTL\">,<\/span><br \/>\n              <span dir=\"RTL\">127<\/span>\n            <\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"3\" style=\"border-top: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"3\" style=\"border-top: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\n<p>LONG-TERM ASSETS:<\/p>\n<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"3\" style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"3\" style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: bottom\">\n<p dir=\"RTL\">\n              <span dir=\"LTR\"> Investment in subsidiary<\/span>\n            <\/p>\n<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>3,000<\/p>\n<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p dir=\"RTL\">\n              <span dir=\"LTR\">&#8211;<\/span>\n            <\/p>\n<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: bottom\">\n<p>Long-term receivables and other deposits<\/p>\n<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>245<\/p>\n<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <span dir=\"RTL\">230<\/span>\n            <\/p>\n<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: bottom\">\n<p>Property, plant and equipment, net<\/p>\n<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>16,473<\/p>\n<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <span dir=\"RTL\">13<\/span><br \/>\n              <span dir=\"RTL\">,<\/span><br \/>\n              <span dir=\"RTL\">968<\/span>\n            <\/p>\n<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: bottom\">\n<p dir=\"RTL\">\n              <span dir=\"RTL\">\u00a0\u00a0<\/span><br \/>\n              <span dir=\"LTR\">Deferred tax assets<\/span>\n            <\/p>\n<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <span dir=\"RTL\">6,038<\/span>\n            <\/p>\n<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p dir=\"RTL\">\n              <span dir=\"RTL\">&#8211;<\/span>\n            <\/p>\n<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: bottom\">\n<p>Operating lease right-of-use assets<\/p>\n<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p dir=\"RTL\">\n              <span dir=\"LTR\">11,947<\/span>\n            <\/p>\n<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <span dir=\"RTL\">10<\/span><br \/>\n              <span dir=\"RTL\">,<\/span><br \/>\n              <span dir=\"RTL\">581<\/span>\n            <\/p>\n<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <strong><br \/>\n                <u>Total<\/u><br \/>\n              <\/strong><br \/>\n              <strong> long-term assets<\/strong>\n            <\/p>\n<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>3<span dir=\"RTL\">7<\/span>,<span dir=\"RTL\">703<\/span><\/p>\n<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <span dir=\"RTL\">24<\/span>,<span dir=\"RTL\">779<\/span><\/p>\n<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"3\" style=\"border-top: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"3\" style=\"border-top: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <strong><br \/>\n                <u>Total<\/u><br \/>\n              <\/strong><br \/>\n              <strong> assets<\/strong>\n            <\/p>\n<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: double 15px 3pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>$<\/p>\n<\/td>\n<td style=\"border-bottom: double 15px 3pt;padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>18<span dir=\"RTL\">7<\/span>,<span dir=\"RTL\">118<\/span><\/p>\n<\/td>\n<td style=\"border-bottom: double 15px 3pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: double 15px 3pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>$<\/p>\n<\/td>\n<td style=\"border-bottom: double 15px 3pt;padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<span dir=\"RTL\">106<\/span><span dir=\"RTL\">,<\/span><span dir=\"RTL\">906<\/span><\/p>\n<\/td>\n<td style=\"border-bottom: double 15px 3pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\n<p>CURRENT LIABILITIES:<\/p>\n<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"3\" style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"3\" style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: bottom\">\n<p>Short term loan<\/p>\n<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>$<\/p>\n<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0<span dir=\"RTL\">\u00a0\u00a0\u00a0<\/span> \u00a0\u00a0\u00a0\u00a0 <span dir=\"RTL\">&#8211;<\/span>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>$<\/p>\n<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0 \u00a0\u00a0 45<span dir=\"RTL\">4<\/span><\/p>\n<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: bottom\">\n<p>Trade payables<\/p>\n<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>16,648<\/p>\n<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0 <span dir=\"RTL\">10<\/span><span dir=\"RTL\">,<\/span><span dir=\"RTL\">603<\/span><\/p>\n<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: bottom\">\n<p>Other accounts payable and accrued expenses<\/p>\n<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <span dir=\"RTL\">9<\/span><br \/>\n              <span dir=\"RTL\">,<\/span><br \/>\n              <span dir=\"RTL\">725<\/span>\n            <\/p>\n<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <span dir=\"RTL\">9<\/span><br \/>\n              <span dir=\"RTL\">,<\/span><br \/>\n              <span dir=\"RTL\">855<\/span>\n            <\/p>\n<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: bottom\">\n<p>Advances from customers<\/p>\n<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>4,360<\/p>\n<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <span dir=\"RTL\">2<\/span><br \/>\n              <span dir=\"RTL\">,<\/span><br \/>\n              <span dir=\"RTL\">323<\/span>\n            <\/p>\n<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: bottom\">\n<p>Contract liabilities<\/p>\n<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <span dir=\"RTL\">172<\/span>\n            <\/p>\n<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <span dir=\"RTL\">232<\/span>\n            <\/p>\n<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: bottom\">\n<p>Operating lease short-term liabilities<\/p>\n<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p dir=\"RTL\">\n              <span dir=\"RTL\">2<\/span><br \/>\n              <span dir=\"RTL\">,<\/span><br \/>\n              <span dir=\"RTL\">276<\/span>\n            <\/p>\n<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <span dir=\"RTL\">1,<\/span><br \/>\n              <span dir=\"RTL\">885<\/span>\n            <\/p>\n<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"3\" style=\"border-top: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"3\" style=\"border-top: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <strong><br \/>\n                <u>Total<\/u><br \/>\n              <\/strong><br \/>\n              <strong> current liabilities<\/strong>\n            <\/p>\n<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <span dir=\"RTL\">33<\/span><br \/>\n              <span dir=\"RTL\">,<\/span><br \/>\n              <span dir=\"RTL\">181<\/span>\n            <\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <span dir=\"RTL\">25<\/span><br \/>\n              <span dir=\"RTL\">,<\/span><br \/>\n              <span dir=\"RTL\">352<\/span>\n            <\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"3\" style=\"border-top: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"3\" style=\"border-top: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\n<p>LONG-TERM LIABILITIES:<\/p>\n<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"3\" style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"3\" style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: bottom\">\n<p>Accrued severance pay and other long-term liabilities<\/p>\n<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <span dir=\"RTL\">775<\/span>\n            <\/p>\n<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <span dir=\"RTL\">7<\/span><br \/>\n              <span dir=\"RTL\">89<\/span>\n            <\/p>\n<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: bottom\">\n<p>Operating lease long-term liabilities<\/p>\n<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p dir=\"RTL\">\n              <span dir=\"RTL\">9<\/span><br \/>\n              <span dir=\"RTL\">,<\/span><br \/>\n              <span dir=\"RTL\">651<\/span>\n            <\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <span dir=\"RTL\">8<\/span><br \/>\n              <span dir=\"RTL\">,<\/span><br \/>\n              <span dir=\"RTL\">732<\/span>\n            <\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <strong><br \/>\n                <u>Total<\/u><br \/>\n              <\/strong><br \/>\n              <strong> long-term liabilities<\/strong>\n            <\/p>\n<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <span dir=\"RTL\">10<\/span>,<span dir=\"RTL\">426<\/span><\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <span dir=\"RTL\">9<\/span><br \/>\n              <span dir=\"RTL\">,<\/span><br \/>\n              <span dir=\"RTL\">521<\/span>\n            <\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin-top:0pt;margin-bottom:8pt;margin-left:2.85pt\">\u00a0<\/p>\n<p>\n              <strong>RADA SHAREHOLDERS&#8217; EQUITY<\/strong>\n            <\/p>\n<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"3\" style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"3\" style=\"text-align: justify;vertical-align: middle\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 25.0px;vertical-align: bottom\">\n<p>Share capital &#8211;<\/p>\n<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"3\" style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"3\" style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 30.0px;vertical-align: bottom\">Ordinary shares of NIS 0.03 par value &#8211; Authorized: 100,000,000 shares at June 30, 2021 and December 31, 2020; Issued and outstanding: 49,253,171 at June 30, 2021 and 43,724,446 at December 31, 2020 respectively<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">488<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">440<\/td>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 25.0px;vertical-align: bottom\">\n<p>Additional paid-in capital<\/p>\n<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <span dir=\"RTL\">202<\/span>,<span dir=\"RTL\">159<\/span><\/p>\n<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <span dir=\"RTL\">1<\/span><br \/>\n              <span dir=\"RTL\">44<\/span><br \/>\n              <span dir=\"RTL\">,<\/span><br \/>\n              <span dir=\"RTL\">944<\/span>\n            <\/p>\n<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 25.0px;vertical-align: bottom\">\n<p>Accumulated deficit<\/p>\n<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>(<span dir=\"RTL\">59,136<\/span><\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\n<p>)<\/p>\n<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>(<span dir=\"RTL\">7<\/span><span dir=\"RTL\">3<\/span><span dir=\"RTL\">,<\/span><span dir=\"RTL\">35<\/span><span dir=\"RTL\">1<\/span><\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\n<p>)<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"3\" style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"3\" style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <strong><br \/>\n                <u>Total<\/u><br \/>\n              <\/strong><br \/>\n              <strong> equity<\/strong>\n            <\/p>\n<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <span dir=\"RTL\">143,511<\/span>\n            <\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <span dir=\"RTL\">72<\/span><br \/>\n              <span dir=\"RTL\">,<\/span><br \/>\n              <span dir=\"RTL\">033<\/span>\n            <\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"3\" style=\"border-top: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"3\" style=\"border-top: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin-top:0pt;margin-bottom:8pt;margin-left:2.85pt\">\u00a0<\/p>\n<p>\n              <strong><br \/>\n                <u>Total<\/u><br \/>\n              <\/strong><br \/>\n              <strong> liabilities and equity<\/strong>\n            <\/p>\n<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: double 15px 3pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>$<\/p>\n<\/td>\n<td style=\"border-bottom: double 15px 3pt;padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <span dir=\"RTL\">187<\/span>,<span dir=\"RTL\">118<\/span><\/p>\n<\/td>\n<td style=\"border-bottom: double 15px 3pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: double 15px 3pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>$<\/p>\n<\/td>\n<td style=\"border-bottom: double 15px 3pt;padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<span dir=\"RTL\">106<\/span><span dir=\"RTL\">,<\/span><span dir=\"RTL\">906<\/span><\/p>\n<\/td>\n<td style=\"border-bottom: double 15px 3pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<\/table>\n<p>\n        \n      <\/p>\n<table align=\"center\" style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td colspan=\"15\" style=\"text-align: justify;vertical-align: middle;vertical-align: bottom\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td colspan=\"15\" style=\"text-align: justify;vertical-align: middle;vertical-align: bottom\">\n            <strong>CONSOLIDATED STATEMENTS OF OPERATIONS<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td colspan=\"15\" style=\"text-align: justify;vertical-align: middle;border-bottom: solid black 1pt;vertical-align: bottom\">\n            <strong>U.S. dollars in thousands, except share and per share data<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td colspan=\"15\" style=\"text-align: justify;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: bottom\">\n<p style=\"margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\u00a0<\/p>\n<p style=\"margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\u00a0<\/p>\n<\/td>\n<td colspan=\"5\" style=\"border-bottom: solid black 1pt;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <strong>\u00a0<\/strong><br \/>\n              <strong>Six months ended<br \/><\/strong><br \/>\n              <strong>June 30,<\/strong>\n            <\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;vertical-align: bottom;text-align: center;vertical-align: middle\">\n<p style=\"text-align: center;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\n              <strong>\u00a0<\/strong>\n            <\/p>\n<\/td>\n<td colspan=\"5\" style=\"border-bottom: solid black 1pt;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <strong>\u00a0<\/strong><br \/>\n              <strong>Three months ended<br \/><\/strong><br \/>\n              <strong>June 30,<\/strong>\n            <\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;vertical-align: bottom;text-align: center;vertical-align: middle\">\n<p style=\"text-align: center;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\n              <strong>\u00a0<\/strong>\n            <\/p>\n<\/td>\n<td colspan=\"2\" style=\"border-bottom: solid black 1pt;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <strong>\u00a0<\/strong><br \/>\n              <strong>Year ended<br \/><\/strong><br \/>\n              <strong>December 31<\/strong>,<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"max-width:49%;width:49%;min-width:49%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"max-width:1%;width:1%;min-width:1%;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"max-width:8%;width:8%;min-width:8%;border-bottom: solid black 1pt;padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <strong>2021<\/strong>\n            <\/p>\n<\/td>\n<td style=\"max-width:1%;width:1%;min-width:1%;border-bottom: solid black 1pt;padding-right: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"max-width:1%;width:1%;min-width:1%;border-bottom: solid black 1pt;padding-right: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"max-width:8%;width:8%;min-width:8%;border-bottom: solid black 1pt;padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <strong>2020<\/strong>\n            <\/p>\n<\/td>\n<td style=\"max-width:1%;width:1%;min-width:1%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;vertical-align: bottom;text-align: center;vertical-align: middle\">\n<p style=\"text-align: center;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\n              <strong>\u00a0<\/strong>\n            <\/p>\n<\/td>\n<td style=\"max-width:1%;width:1%;min-width:1%;border-bottom: solid black 1pt;padding-right: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"max-width:9%;width:9%;min-width:9%;border-bottom: solid black 1pt;padding-left: 0;padding-right: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <strong>2021<\/strong>\n            <\/p>\n<\/td>\n<td style=\"max-width:1%;width:1%;min-width:1%;border-bottom: solid black 1pt;padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"max-width:1%;width:1%;min-width:1%;border-bottom: solid black 1pt;padding-right: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"max-width:9%;width:9%;min-width:9%;border-bottom: solid black 1pt;padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <strong>2020<\/strong>\n            <\/p>\n<\/td>\n<td style=\"max-width:1%;width:1%;min-width:1%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;vertical-align: bottom;text-align: center;vertical-align: middle\">\n<p style=\"text-align: center;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\n              <strong>\u00a0<\/strong>\n            <\/p>\n<\/td>\n<td style=\"max-width:1%;width:1%;min-width:1%;border-bottom: solid black 1pt;padding-right: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"max-width:9%;width:9%;min-width:9%;border-bottom: solid black 1pt;padding-left: 0;text-align: center;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <strong>2020<\/strong>\n            <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"11\" style=\"border-bottom: solid black 1pt;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <strong>(Unaudited)<\/strong>\n            <\/p>\n<\/td>\n<td style=\"text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;vertical-align: bottom;text-align: center;vertical-align: middle\">\n<p style=\"text-align: center;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\n              \n            <\/p>\n<\/td>\n<td colspan=\"2\" style=\"text-align: center;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <strong>Audited<\/strong>\n            <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"3\" style=\"vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\u00a0<\/p>\n<\/td>\n<td colspan=\"3\" style=\"vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\u00a0<\/p>\n<\/td>\n<td colspan=\"2\" style=\"border-top: solid black 1pt;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\u00a0<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: bottom\">\n<p>Revenues<\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>$<\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0 53,472<\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\n              \n            <\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>$<\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0 32,577<\/p>\n<\/td>\n<td style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\u00a0<\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>$<\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0 28,255<\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>$<\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0 17,506<\/p>\n<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 5.65pt;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:5.65pt\">\u00a0<\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>$<\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <span dir=\"RTL\">\u00a0\u00a0\u00a0 <\/span>\u00a0 76,217<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\u00a0<\/p>\n<\/td>\n<td colspan=\"3\" style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\u00a0<\/p>\n<\/td>\n<td style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\u00a0<\/p>\n<\/td>\n<td colspan=\"3\" style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\u00a0<\/p>\n<\/td>\n<td colspan=\"2\" style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\u00a0<\/p>\n<\/td>\n<td style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;font-size:12pt;margin-right:0in;margin-left:0in;text-indent:0in\">\u00a0<\/p>\n<\/td>\n<td colspan=\"2\" style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\u00a0<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: bottom\">\n<p>Cost of revenues<\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0 \u00a032,243<\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0 20,980<\/p>\n<\/td>\n<td style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\u00a0<\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0 16,990<\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0 11,288<\/p>\n<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;font-size:12pt;margin-right:0in;margin-left:5.65pt;text-indent:0in\">\n              \n            <\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a047,882<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\u00a0<\/p>\n<\/td>\n<td colspan=\"3\" style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\u00a0<\/p>\n<\/td>\n<td style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\u00a0<\/p>\n<\/td>\n<td colspan=\"3\" style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\u00a0<\/p>\n<\/td>\n<td colspan=\"2\" style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\u00a0<\/p>\n<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;font-size:12pt;margin-right:0in;margin-left:5.65pt;text-indent:0in\">\u00a0<\/p>\n<\/td>\n<td colspan=\"2\" style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\u00a0<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: bottom\">\n<p>Gross profit<\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0 21,229<\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0 11,597<\/p>\n<\/td>\n<td style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\u00a0<\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0 11,265<\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0 6,218<\/p>\n<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;font-size:12pt;margin-right:0in;margin-left:5.65pt;text-indent:0in\">\u00a0<\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a028,335<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\u00a0<\/p>\n<\/td>\n<td colspan=\"3\" style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\u00a0<\/p>\n<\/td>\n<td style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\u00a0<\/p>\n<\/td>\n<td colspan=\"3\" style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\u00a0<\/p>\n<\/td>\n<td colspan=\"2\" style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\u00a0<\/p>\n<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 5.65pt;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:5.65pt\">\u00a0<\/p>\n<\/td>\n<td colspan=\"2\" style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\u00a0<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: bottom\">\n<p>Operating expenses:<\/p>\n<\/td>\n<td colspan=\"2\" style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\u00a0<\/p>\n<\/td>\n<td colspan=\"3\" style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\u00a0<\/p>\n<\/td>\n<td style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\u00a0<\/p>\n<\/td>\n<td colspan=\"3\" style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\u00a0<\/p>\n<\/td>\n<td colspan=\"2\" style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\u00a0<\/p>\n<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 5.65pt;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:5.65pt\">\u00a0<\/p>\n<\/td>\n<td colspan=\"2\" style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\u00a0<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: bottom\">\n<p>Research and development<\/p>\n<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 4,993<\/p>\n<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 4,239<\/p>\n<\/td>\n<td style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\u00a0<\/p>\n<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0 2,555<\/p>\n<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0 2,186<\/p>\n<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;font-size:12pt;margin-right:0in;margin-left:5.65pt;text-indent:0in\">\u00a0<\/p>\n<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a08,846<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: bottom\">\n<p>Marketing and selling<\/p>\n<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2,956<\/p>\n<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2,385<\/p>\n<\/td>\n<td style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\u00a0<\/p>\n<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0 1,530<\/p>\n<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0 1,225<\/p>\n<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;font-size:12pt;margin-right:0in;margin-left:5.65pt;text-indent:0in\">\u00a0<\/p>\n<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a05,017<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: bottom\">\n<p>General and administrative<\/p>\n<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 5,225<\/p>\n<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 4,293<\/p>\n<\/td>\n<td style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\u00a0<\/p>\n<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0 2,678<\/p>\n<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0 2,173<\/p>\n<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;font-size:12pt;margin-right:0in;margin-left:5.65pt;text-indent:0in\">\u00a0<\/p>\n<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a08,972<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: bottom\">\n<p>Net loss from sale of fixed asset<\/p>\n<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 &#8211;<\/p>\n<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 &#8211;<\/p>\n<\/td>\n<td style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\u00a0<\/p>\n<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 &#8211;<\/p>\n<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 &#8211;<\/p>\n<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;font-size:12pt;margin-right:0in;margin-left:5.65pt;text-indent:0in\">\u00a0<\/p>\n<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 27<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: bottom\">\n<p>Total operating expenses:<\/p>\n<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0\u00a0 13,174<\/p>\n<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0\u00a0 10,917<\/p>\n<\/td>\n<td style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\u00a0<\/p>\n<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0 6,763<\/p>\n<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0 5,584<\/p>\n<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 15.0px;border-top: solid black 1pt;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 5.65pt;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:5.65pt\">\u00a0<\/p>\n<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a022,862<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: bottom\">\n<p>Operating income<\/p>\n<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <span dir=\"RTL\">\u00a0<\/span>\u00a0\u00a0 \u00a0\u00a0\u00a08,055<\/p>\n<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <span dir=\"RTL\">\u00a0<\/span>\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0680<\/p>\n<\/td>\n<td style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\u00a0<\/p>\n<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0 \u00a0\u00a0\u00a04,502<\/p>\n<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0634<\/p>\n<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 5.65pt;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:5.65pt\">\u00a0<\/p>\n<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <span dir=\"RTL\">\u00a0<\/span>\u00a05,473<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom\">\n<p>Other financial income (expenses), net<\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;vertical-align: bottom;text-align: right;vertical-align: middle\">\n<p style=\"text-align: right;margin: 0in 0in 0.0001pt 0;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0\">\u00a0<\/p>\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 122<\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;vertical-align: bottom;text-align: right;vertical-align: middle\">\n<p style=\"text-align: right;margin: 0in 0in 0.0001pt 0;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0\">\u00a0<\/p>\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 197<\/p>\n<\/td>\n<td style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\u00a0<\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (97<\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\n<p>)<\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a073<\/p>\n<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 5.65pt;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:5.65pt\">\u00a0<\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <span dir=\"RTL\">\u00a0 <\/span>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0167<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom\">\n<p>Income before taxes<\/p>\n<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <span dir=\"RTL\">\u00a0\u00a0\u00a0\u00a0 <\/span>\u00a08,177<\/p>\n<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <span dir=\"RTL\">\u00a0\u00a0\u00a0\u00a0 <\/span>\u00a0\u00a0\u00a0\u00a0877<\/p>\n<\/td>\n<td style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\u00a0<\/p>\n<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0 4,405<\/p>\n<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 707<\/p>\n<\/td>\n<td style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\n              <strong>\u00a0<\/strong>\n            <\/p>\n<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <span dir=\"RTL\">\u00a0 <\/span>\u00a0\u00a05,640<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom\">\n<p>Income tax<\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a06,038<\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 &#8211;<\/p>\n<\/td>\n<td style=\"text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;text-align: center;vertical-align: middle;vertical-align: bottom;text-align: center;vertical-align: middle\">\n<p style=\"text-align: center;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\u00a0<\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0 6,038<\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0&#8211;<\/p>\n<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;font-size:12pt;margin-right:0in;margin-left:5.65pt;text-indent:0in\">\u00a0<\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 &#8211;<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: bottom\">\n<p>Net income<\/p>\n<\/td>\n<td style=\"border-bottom: double 15px 3pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: double 15px 3pt;padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0 \u00a014,215<\/p>\n<\/td>\n<td style=\"border-bottom: double 15px 3pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: double 15px 3pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: double 15px 3pt;padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0877<\/p>\n<\/td>\n<td style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\u00a0<\/p>\n<\/td>\n<td style=\"border-bottom: double 15px 3pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: double 15px 3pt;padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0 10,443<\/p>\n<\/td>\n<td style=\"border-bottom: double 15px 3pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: double 15px 3pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: double 15px 3pt;padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 707<\/p>\n<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 5.65pt;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:5.65pt\">\u00a0<\/p>\n<\/td>\n<td style=\"border-bottom: double 15px 3pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: double 15px 3pt;padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <span dir=\"RTL\">5,640<\/span>\n            <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: bottom\">\n<p>Basic net income per ordinary share<\/p>\n<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>$<\/p>\n<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <span dir=\"RTL\">\u00a0<\/span>\u00a0 \u00a0\u00a0\u00a00.30<\/p>\n<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\n              \n            <\/p>\n<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>$<\/p>\n<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0 \u00a0\u00a0\u00a00.02<\/p>\n<\/td>\n<td style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\u00a0<\/p>\n<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>$<\/p>\n<\/td>\n<td style=\"padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0 \u00a0\u00a0\u00a0 0.21<\/p>\n<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>$<\/p>\n<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0 \u00a0\u00a0\u00a0 0.02<\/p>\n<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 5.65pt;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:5.65pt\">\u00a0<\/p>\n<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>$<\/p>\n<\/td>\n<td style=\"padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a00.13\u00a0<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom\">\n<p>Diluted net income per Ordinary share<\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>$<\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <span dir=\"RTL\">\u00a0<\/span>\u00a0 \u00a0\u00a0\u00a00.29<\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\n              \n            <\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>$<\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0\u00a0\u00a0\u00a0\u00a00.02<\/p>\n<\/td>\n<td style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\u00a0<\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>$<\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0 \u00a0\u00a0\u00a0 0.20<\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>$<\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0 \u00a0\u00a0 \u00a00.02<\/p>\n<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 5.65pt;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:5.65pt\">\u00a0<\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>$<\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a00.13<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom\">\n<p>Weighted average number of Ordinary shares used for computing basic net income per share<\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;vertical-align: bottom;text-align: right;vertical-align: middle\">\n<p style=\"text-align: right;margin: 0in 0in 0.0001pt 0;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0\">\u00a0<\/p>\n<p style=\"text-align: right;margin: 0in 0in 0.0001pt 0;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0\">\n              <span dir=\"RTL\">\u00a0<\/span>\n            <\/p>\n<p style=\"text-align: right;margin: 0in 0in 0.0001pt 0;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0\">\u00a0<\/p>\n<p>47,145,784<\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;text-align: right;vertical-align: middle;vertical-align: bottom;text-align: right;vertical-align: middle\">\n<p style=\"text-align: right;margin: 0in 0in 0.0001pt 0;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0\">\u00a0<\/p>\n<p style=\"text-align: right;margin: 0in 0in 0.0001pt 0;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0\">\n              <span dir=\"RTL\">\u00a0<\/span>\n            <\/p>\n<p style=\"text-align: right;margin: 0in 0in 0.0001pt 0;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0\">\u00a0<\/p>\n<p style=\"text-align: right;margin: 0in 0in 0.0001pt 0;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0\">\u00a0<\/p>\n<p>43,041,405<\/p>\n<\/td>\n<td style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\n              \n            <\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>49,129,699<\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>43,403,276<\/p>\n<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: left;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;border: none;font-size:12pt;margin-right:0in;margin-left:5.65pt\">\n              \n            <\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <span dir=\"RTL\">43,321,058 <\/span>\n            <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\n              \n            <\/p>\n<p>Weighted average number of Ordinary shares used for computing diluted net income per share<\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>49,123,135<\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>44,002,634<\/p>\n<\/td>\n<td style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\u00a0<\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>51,065,274<\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p>\n              <span dir=\"RTL\">44,302,325<\/span>\n            <\/p>\n<\/td>\n<td style=\"text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;text-align: left;vertical-align: middle;vertical-align: bottom;text-align: left;vertical-align: middle\">\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\u00a0<\/p>\n<p style=\"text-align: left;margin: 0in 0in 0.0001pt 0in;font-size:11pt;margin-top:0in;margin-right:0in;margin-bottom:0.0001pt;margin-left:0in\">\u00a0<\/p>\n<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt;padding-left: 0;text-align: right;vertical-align: middle;vertical-align: bottom\">\n<p dir=\"RTL\">\u00a0\u00a0 <br \/>\u00a044,412,391<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODMwMDc5MyM0MzM1NjM4IzIwMjA1NDM=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/3817a607-6cf1-4863-9674-d68fa2131c4f\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Revenues of $28.3 million, up 61% year-over-year and continued improvement in profitability NETANYA, Israel, Aug. 02, 2021 (GLOBE NEWSWIRE) &#8212; RADA Electronic Industries Ltd. (NASDAQ: RADA, TASE: RADA) announced today its financial results for the three and six month periods ended June 30, 2021. Highlights of the second quarter of 2021 Quarterly revenues up 61% year-over-year and a 12% increase from the previous quarter to $28.3 million Gross margin improved to 40% compared with 36% in the year-ago quarter A $6.0 million deferred tax asset was recorded in Q2 in view of RADA\u2019s continued profitability. Net income of $10.4 million compared with $0.7 million in the year-ago quarter Adjusted EBITDA of $6.3 million, margin improved to 22% compared with 10% &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/rada-reports-record-q2-2021-results\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;RADA Reports Record Q2\/2021 Results&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-520984","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>RADA Reports Record Q2\/2021 Results - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/rada-reports-record-q2-2021-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RADA Reports Record Q2\/2021 Results - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Revenues of $28.3 million, up 61% year-over-year and continued improvement in profitability NETANYA, Israel, Aug. 02, 2021 (GLOBE NEWSWIRE) &#8212; RADA Electronic Industries Ltd. (NASDAQ: RADA, TASE: RADA) announced today its financial results for the three and six month periods ended June 30, 2021. Highlights of the second quarter of 2021 Quarterly revenues up 61% year-over-year and a 12% increase from the previous quarter to $28.3 million Gross margin improved to 40% compared with 36% in the year-ago quarter A $6.0 million deferred tax asset was recorded in Q2 in view of RADA\u2019s continued profitability. Net income of $10.4 million compared with $0.7 million in the year-ago quarter Adjusted EBITDA of $6.3 million, margin improved to 22% compared with 10% &hellip; Continue reading &quot;RADA Reports Record Q2\/2021 Results&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/rada-reports-record-q2-2021-results\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-08-02T08:58:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODMwMDc5MyM0MzM1NjM4IzIwMjA1NDM=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rada-reports-record-q2-2021-results\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rada-reports-record-q2-2021-results\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"RADA Reports Record Q2\\\/2021 Results\",\"datePublished\":\"2021-08-02T08:58:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rada-reports-record-q2-2021-results\\\/\"},\"wordCount\":1271,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rada-reports-record-q2-2021-results\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODMwMDc5MyM0MzM1NjM4IzIwMjA1NDM=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rada-reports-record-q2-2021-results\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/rada-reports-record-q2-2021-results\\\/\",\"name\":\"RADA Reports Record Q2\\\/2021 Results - 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