DELTATHREE INC

CIK:0001086740|SEC Filings

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract]
Revenues	$ 2,042us-gaap_SalesRevenueNet	$ 4,319us-gaap_SalesRevenueNet
Costs and operating expenses:
Cost of revenues	1,691us-gaap_CostOfGoodsAndServicesSold	3,548us-gaap_CostOfGoodsAndServicesSold
Research and development expenses	145us-gaap_ResearchAndDevelopmentExpense	275us-gaap_ResearchAndDevelopmentExpense
Selling and marketing expenses	89us-gaap_SellingAndMarketingExpense	224us-gaap_SellingAndMarketingExpense
General and administrative expenses	403	330
Depreciation and amortization	18us-gaap_DepreciationAndAmortization	25us-gaap_DepreciationAndAmortization
Total costs and operating expenses	2,346us-gaap_OperatingExpenses	4,402us-gaap_OperatingExpenses
Loss from operations	(304)us-gaap_OperatingIncomeLoss	(83)us-gaap_OperatingIncomeLoss
Interest expense, net	(318)us-gaap_InterestIncomeExpenseNet	(242)us-gaap_InterestIncomeExpenseNet
Loss before income taxes	(622)	(325)
Income taxes	6us-gaap_IncomeTaxExpenseBenefit	6us-gaap_IncomeTaxExpenseBenefit
Net loss	$ (628)us-gaap_NetIncomeLoss	$ (331)us-gaap_NetIncomeLoss
Net loss per share - basic and diluted (in dollars per share)	$ (0.01)us-gaap_EarningsPerShareBasicAndDiluted	$ 0.00us-gaap_EarningsPerShareBasicAndDiluted
Basic and diluted weighted average number of shares outstanding (in shares)	72,311,025	72,311,025

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Cash flows from operating activities:
Net loss for the period	$ (628)us-gaap_NetIncomeLoss	$ (331)us-gaap_NetIncomeLoss
Adjustments to reconcile loss for the period to net cash (used in) operating activities:
Accumulated interest on short-term loan	180us-gaap_InterestExpenseDebt	158us-gaap_InterestExpenseDebt
Depreciation and amortization	18us-gaap_DepreciationAndAmortization	25us-gaap_DepreciationAndAmortization
Amortization related to convertible notes	76	49
Stock-based compensation	14us-gaap_ShareBasedCompensation	6us-gaap_ShareBasedCompensation
Increase in liability for severance pay, net	2dddc_IncreaseDecreaseInSeverancePay	34dddc_IncreaseDecreaseInSeverancePay
Exchange rates differences on deposits, net		1
Changes in operating assets and liabilities:
(Increase) decrease in accounts receivable	(31)	171
(Increase) decrease in prepaid expenses and other current assets	(22)	47
Increase in accounts payable	395	77
(Decrease) in deferred revenues	(138)	(80)
Increase (decrease) in other current liabilities	11	(19)
Adjustments to reconcile loss for the period to net cash (used in) provided by operating activities, Total	505	469
Net cash (used in) operating activities	(123)	138
Cash flows from investing activities:
Release of restricted cash and short-term investment, net		30
Net cash provided by investing activities		30
Cash flows from financing activities:
Proceeds from exercise of options		1
Net cash provided by financing activities		1
Decrease (increase) in cash and cash equivalents	(123)	169
Cash and cash equivalents at beginning of period	286	158
Cash and cash equivalents at end of period	$ 163	$ 327

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 163	$ 286
Restricted cash and short-term investments	4	4
Accounts receivable, net	260us-gaap_ReceivablesNetCurrent	229us-gaap_ReceivablesNetCurrent
Prepaid expenses and other current assets	140	118
Inventory	11us-gaap_InventoryNet	11us-gaap_InventoryNet
Total current assets	578us-gaap_AssetsCurrent	648us-gaap_AssetsCurrent
Property and equipment, net	74us-gaap_PropertyPlantAndEquipmentNet	92us-gaap_PropertyPlantAndEquipmentNet
Deposits	45us-gaap_DepositsAssetsNoncurrent	45us-gaap_DepositsAssetsNoncurrent
Total assets	697us-gaap_Assets	785us-gaap_Assets
Current liabilities:
Accounts payable - trade	1,046us-gaap_AccountsPayableTradeCurrent	734us-gaap_AccountsPayableTradeCurrent
Accounts payable - related party	1,855	1,772
Deferred revenues	157us-gaap_DeferredRevenueCurrent	295us-gaap_DeferredRevenueCurrent
Short-term loan from a related party	5,865us-gaap_DueToRelatedPartiesCurrent	5,609us-gaap_DueToRelatedPartiesCurrent
Other current liabilities	1,117us-gaap_OtherLiabilitiesCurrent	1,106us-gaap_OtherLiabilitiesCurrent
Total current liabilities	10,040us-gaap_LiabilitiesCurrent	9,516us-gaap_LiabilitiesCurrent
Long-term liabilities:
Severance pay obligations	65	63
Total long-term liabilities	65us-gaap_LiabilitiesNoncurrent	63us-gaap_LiabilitiesNoncurrent
Total liabilities	10,105us-gaap_Liabilities	9,579us-gaap_Liabilities
Stockholders' deficiency:
Common stock, par value $0.001 per share; authorized: 225,000,000 shares; issued and outstanding: 72,311,025 at March 31, 2015, and 72,311,025 at December 31, 2014	72us-gaap_CommonStockValue	72us-gaap_CommonStockValue
Additional paid-in capital	177,874	177,860
Accumulated deficit	(187,354)	(186,726)
Total stockholders' deficiency	(9,408)us-gaap_StockholdersEquity	(8,794)us-gaap_StockholdersEquity
Total liabilities and stockholders' deficiency	$ 697	$ 785