Year ended December 31,

Three Months ended December 31,

2018

2017

2018

2017

U.S. dollars

U.S. dollars

Revenues

123,174

93,485

33,174

25,844

Cost of revenues

62,378

47,966

16,457

13,519

Gross profit

60,796

45,519

16,717

12,325

Research and development costs

14,581

13,534

4,125

3,467

Selling, general and administrative expenses

26,182

22,022

6,390

5,175

Litigation settlement expenses

-

13,000

-

-

40,763

48,556

10,515

8,642

Operating income (loss)

20,033

(3,037)

6,202

3,683

Financial income (expenses), net

728

(150)

237

49

Income (loss) before income taxes

20,761

(3,187)

6,439

3,732

Income taxes (expense)

(2,030)

4,875

(666)

(406)

Net income from continuing operations

18,731

1,688

5,773

3,326

Discontinued operations *

Income from discontinued operations

Income before tax expense

-

18,302

-

-

Income taxes (expense)

-

(6,028)

-

(465)

Income (loss) from discontinued operations

-

12,274

-

(465)

Net income

18,731

13,962

5,773

2,861