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Document and Entity Information - shares	6 Months Ended
Document and Entity Information - shares	Jun. 30, 2017	Aug. 15, 2017
Document and Entity Information [Abstract]
Entity Registrant Name	Kornit Digital Ltd.
Entity Central Index Key	0001625791
Trading Symbol	krnt
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Type	6-K
Document Period End Date	Jun. 30, 2017
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2017
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		0

Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
CURRENT ASSETS:
Cash and cash equivalents	$ 25,707	$ 22,789
Marketable securities	2,657	16,500
Trade receivables, net	29,193	31,638
Inventories	32,880	24,122
Other accounts receivable and prepaid expenses	2,991	3,735
Total current assets	93,428	98,784
Marketable securities	60,955	21,724
Severance pay fund	599	768
Property and equipment, net	11,204	9,247
Goodwill	5,092	5,092
Intangible assets, net	2,658	3,385
Other assets	1,041	1,046
Total long-term assets	81,549	41,262
Total assets	174,977	140,046
CURRENT LIABILITIES:
Trade payables	14,440	16,433
Employees and payroll accruals	5,119	5,918
Deferred revenues and advances from customers	1,020	1,679
Other payables and accrued expenses	5,622	6,103
Total current liabilities	26,201	30,133
LONG TERM LIABILITIES:
Accrued severance pay	1,128	1,269
Payment obligation related to acquisition	312	1,070
Other long-term liabilities	757	386
Total long-term liabilities	2,197	2,725
SHAREHOLDERS' EQUITY:
Ordinary shares of NIS 0.01 par value - Authorized: 200,000,000 shares as of December 31, 2016 and June 30, 2017 (Unaudited); Issued and Outstanding: 30,989,873 shares and 33,735,038 shares as of December 31, 2016 and June 30, 2017 (Unaudited), respectively	84	78
Additional paid in capital	135,754	94,966
Accumulated other comprehensive income (loss)	106	(82)
Retained earnings	10,635	12,226
Total shareholders' equity	146,579	107,188
Total liabilities and shareholders' equity	$ 174,977	$ 140,046

Consolidated Balance Sheets (Parenthetical) (Unaudited) - ₪ / shares	Jun. 30, 2017	Dec. 31, 2016
Statement of Financial Position [Abstract]
Ordinary shares, par value	₪ 0.01	₪ 0.01
Ordinary shares, shares authorized	200,000,000	200,000,000
Ordinary shares, shares issued	33,735,038	30,989,873
Ordinary shares, shares outstanding	33,735,038	30,989,873

Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Income Statement [Abstract]
Revenues	$ 55,691	$ 45,787
Cost of revenues	30,631	23,625
Gross profit	25,060	22,162
Operating expenses:
Research and development	9,342	7,896
Selling and marketing	10,829	8,772
General and administrative	6,138	5,528
Restructuring expenses	93
Total operating expenses	26,402	22,196
Operating loss	(1,342)	(34)
Finance income , net	93	96
Income (loss) before taxes on income	(1,249)	62
Taxes on income	273	415
Net loss	$ (1,522)	$ (353)
Basic and diluted net loss per share	$ (0.05)	$ (0.01)

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Other comprehensive income (loss):
Net loss	$ (1,522)	$ (353)
Marketable securities:
Unrealized gains arising during the period	69	367
Reclassification adjustments for gain included in net loss	(29)	(3)
Net change	40	364
Cash flow hedges:
Unrealized gains arising during the period	390	102
Reclassification adjustments for loss included in net loss	(369)	(22)
Net change	21	80
Foreign currency translation adjustment	127	69
Total other comprehensive income	188	513
Comprehensive income (loss)	$ (1,334)	$ 160

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Cash flows used in operating activities:
Net loss	$ (1,522)	$ (353)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	2,427	1,110
Customer incentive warrants deducted from revenues	2,353
Share-based compensation	1,948	1,462
Amortization of premium and accretion of discount on marketable securities	277	221
Realized gain on sale of marketable securities	(29)	(3)
Increase (decrease) in accrued severance pay, net	28
Decrease (increase) in trade receivables	2,894	(3,560)
Decrease in other receivables and prepaid expenses	747	491
Increase in inventories	(8,652)	(5,003)
Change in deferred taxes, net	(183)	(132)
Decrease (increase) in other assets	194	(13)
Decrease in trade payables	(2,060)	(1,680)
Decrease in employees and payroll accruals	(833)	(260)
Increase (decrease) in deferred revenues and advances from customers	(692)	203
Increase in other payables and accrued expenses	122	852
Increase (decrease) in other long-term liabilities	369	(45)
Loss from sale of property and equipment	29
Foreign currency translation loss on inter company balances with foreign subsidiaries	(595)	(82)
Net cash used in operating activities	(3,178)	(6,792)
Cash flows used in investing activities:
Purchase of property and equipment	(3,431)	(1,533)
Proceeds from bank deposits, net		3,999
Proceeds from maturity of marketable securities	6,740	2,500
Proceeds from sale of marketable securities	38,312	1,523
Purchase of marketable securities	(70,648)	(7,131)
Net cash used in investing activities	(29,027)	(642)
Cash flows provided by financing activities:
Proceeds from issuance of ordinary shares in a follow on offering, net	35,077
Exercise of employee stock options	1,347	273
Payment of contingent consideration	(1,400)
Net cash provided by financing activities	35,024	273
Foreign currency translation adjustments on cash and cash equivalents	99	6
Increase (decrease) in cash and cash equivalents	2,819	(7,161)
Cash and cash equivalents at the beginning of the period	22,789	18,464
Cash and cash equivalents at the end of the period	25,707	11,309
Supplemental disclosure of non-cash investing and financing activities:
Property and equipment acquired in credit	863	373
Inventory transferred to be used as property and equipment	$ 167	$ 799

General

6 Months Ended

Jun. 30, 2017

General [Abstract]

GENERAL

NOTE 1:-

GENERAL

Kornit Digital Ltd. (the “Company”) was incorporated in 2002 under the laws of the State of Israel. The Company and its subsidiaries develop, design and market digital printing solutions for the global printed textile industry. The Company’s and its subsidiaries’ solutions are based on their proprietary digital textile printing systems, ink and other consumables, associated software and value added services.

The Company has established wholly-owned subsidiaries in Israel, the United States, Germany and Hong Kong. The Company’s subsidiaries are engaged primarily in sales, and marketing, except for the Israeli subsidiary which is engaged primarily in research and development and manufacturing.

On January 31, 2017 the Company closed a follow on and secondary offering where by 8,625,000 ordinary shares were sold in the transaction to the public, 2,300,000 were sold by the Company and 6,325,000 were sold by the Selling Shareholders (inclusive of 1,125,000 ordinary shares pursuant to the full exercise of an overallotment option granted to the underwriters). The gross proceeds received by the Company from the offering were $36,058, net of underwriting discounts and commissions, offering expenses to be paid by the Company were $981.

On May 15, 2017 the Company made an underwritten secondary offering of 4,250,000 ordinary shares by the Company’s largest shareholder. The Company did not receive any of the proceeds from the sale of the ordinary shares.

During the six months ended June 30, 2017 and 2016, 29% and 48% of the Company's revenues were driven from two and three major customers, respectively.

Significant Accounting Policies

6 Months Ended

Jun. 30, 2017

Significant Accounting Policies [Abstract]

SIGNIFICANT ACCOUNTING POLICIES

NOTE 2:-

SIGNIFICANT ACCOUNTING POLICIES

Unaudited interim consolidated financial statements:

The accompanying unaudited interim consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) for interim financial information. In the opinion of management, the unaudited interim consolidated financial statements include all adjustments of a normal recurring nature necessary for a fair presentation of the Company’s consolidated financial statements.

The balance sheet at December 31, 2016 has been derived from the audited consolidated financial statements of the Company at that date but does not include all of information and footnotes required by U.S. GAAP for complete financial statements.

The accompanying unaudited interim consolidated financial statements should be read in conjunction with the audited consolidated financial statements and accompanying notes for the year ended December 31, 2016, included in the Company’s Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (“SEC”) on March 30, 2017. Results for the six months ended June 30, 2017 are not necessarily indicative of results that may be expected for the year ending December 31, 2017.

Use of estimates:

The preparation of the consolidated financial statements in conformity with U.S. GAAP requires management to make estimates, judgments and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the period. The Company’s management believes that the estimates, judgments and assumptions used are reasonable based upon information available at the time they are made. Actual results could differ from those estimates.

Impact of recently issued accounting standard:

In January 2017, the FASB issued ASU No. 2017-04, “Intangibles - Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment.” This ASU eliminates the requirement to measure the implied fair value of goodwill by assigning the fair value of a reporting unit to all assets and liabilities within that unit (the “Step 2 test”) from the goodwill impairment test. Instead, if the carrying amount of a reporting unit exceeds its fair value, an impairment loss is recognized in an amount equal to that excess, limited by the amount of goodwill in that reporting unit. An entity still has the option to perform the qualitative assessment for a reporting unit to determine if the qualitative impairment test is necessary. This new standard should be applied on a prospective basis and the nature of and reason for the change in accounting principle should be disclosed upon transition. The amendments in this update should be adopted for annual or any interim goodwill impairment tests in fiscal years beginning after December 15, 2019. Early adoption is permitted on testing dates after January 1, 2017. The Company is currently evaluating the impact of adopting the new guidance on the consolidated financial statements and the timing of adoption.

In January 2017, the FASB issued ASU No. 2017-01 Business Combinations (Topic 805): Clarifying the Definition of a Business. The update clarifies the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. The update is effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. The Company is currently evaluating the effect of this standard on future consolidated financial statements

In March 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2016-09—Compensation—Stock Compensation—Improvements to Employee Share-Based Payment Accounting. The new guidance changes the accounting for certain aspects of stock-based payments to employees and requires excess tax benefits and tax deficiencies to be recorded in the income statement when the awards vest or are settled. In addition, cash flows related to excess tax benefits will no longer be separately classified as a financing activity apart from other income tax cash flows. ASU 2016-09 also allows us to repurchase more of an employee’s shares for tax withholding purposes without triggering liability accounting, clarifies that all cash payments made on an employee’s behalf for withheld shares should be presented as a financing activity on our cash flows statement, and provides an accounting policy election to account for forfeitures as they occur.

We elected to adopt the new guidance on January 1, 2017. Under the new guidance, we have elected to change our policy and have started to recognize forfeitures of awards as they occur. The change in forfeiture policy use a modified retrospective transition method. We recorded a cumulative-effect adjustment to decrease retained earnings by $69 upon transition on January 1, 2017.

Leases - In February 2016, FASB issued Accounting Standard Update (“ASU”) No. 2016-02, “Leases”. The updated standard aims to increase transparency and comparability among organizations by requiring lessees to recognize lease assets and lease liabilities on the balance sheet and requiring disclosure of key information about leasing arrangements. This update is effective for annual periods beginning after December 15, 2018, and interim periods within those annual periods; early adoption is permitted and modified retrospective application is required. The Company is in the process of evaluating this guidance to determine the impact it will have on its consolidated financial statements.

Financial Instruments - In January 2016, the FASB issued ASU No. 2016-01, Financial Instruments – Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities (“ASU 2016-01”), which updates certain aspects of recognition, measurement, presentation and disclosure of financial instruments. ASU 2016-01 will be effective for the Company beginning in its first quarter of 2019. The Company does not believe the adoption of ASU 2016-01 will have a material impact on its consolidated financial statements.

Revenue Recognition - In May 2014, the FASB issued an ASU that provides a comprehensive model for recognizing revenue with customers. This update clarifies and replaces all existing revenue recognition guidance within U.S. GAAP and may be adopted retrospectively for all periods presented or adopted using a modified retrospective approach. This update is effective for annual and interim periods beginning after December 15, 2016. In July 2015, FASB deferred the effective date by one year to December 15, 2017 (beginning with the Company’s first quarter in 2018) and permitting early adoption of the standard, but not before the original effective date of December 15, 2016. The Company will adopt the new standard in the first quarter of 2018 and expects to apply the modified retrospective approach. The Company currently does not believe there will be a material impact to its revenues upon adoption. However, the Company continues to evaluate the impact to its revenues related to the pending adoption of Topic 606 and its preliminary assessments are subject to change.

In June 2016, the FASB issued ASU 2016-13 “Measurement of Credit Losses on Financial Instruments” requiring an allowance to be recorded for all expected credit losses for financial assets. The allowance for credit losses is based on historical information, current conditions and reasonable and supportable forecasts. The new standard also makes revisions to the other than temporary impairment model for available-for-sale debt securities. Disclosures of credit quality indicators in relation to the amortized cost of financing receivables are further disaggregated by year of origination. The new accounting guidance is effective for interim and annual periods beginning after December 15, 2019 with early adoption permitted for interim and annual periods beginning after December 15, 2018. The amendments will be applied through a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the guidance is effective. The Company is analyzing the impact of this new standard and, at this time, cannot estimate the impact of adoption on its net income.

Marketable Securities

6 Months Ended

Jun. 30, 2017

Marketable Securities [Abstract]

MARKETABLE SECURITIES

NOTE 3:-

MARKETABLE SECURITIES

The following is a summary of marketable securities:

	June 30, 2017
	Unaudited
	Amortized cost		Gross unrealized gain		Gross unrealized loss			Fair value
Matures within one year:
Corporate debentures	$	2,663	$	2	$	(8	)	$	2,657
Matures after one year through three years:
Corporate debentures		49,843		68		(111	)		49,800
Government debentures		11,166		2		(13	)		11,155

Total	$	63,672	$	72	$	(132	)	$	63,612

	December 31, 2016
	Amortized cost		Gross unrealized gain		Gross unrealized loss			Fair value
Matures within one year:
Corporate debentures	$	16,526	$	2	$	(28	)	$	16,500
Matures after one year through three years:
Corporate debentures		21,798		5		(79	)		21,724

Total	$	38,324	$	7	$	(107	)	$	38,224

All investments with an unrealized loss as of June 30, 2017 are with continuous unrealized losses for less than 12 months.

Fair Value Measurements

6 Months Ended

Jun. 30, 2017

Fair Value Measurements [Abstract]

FAIR VALUE MEASUREMENTS

NOTE 4:-

FAIR VALUE MEASUREMENTS

FASB Accounting Standards Codification (“ASC”) No. 820, “Fair Value Measurements and Disclosures” defines fair value and establishes a framework for measuring fair value. According to ASC No. 820, fair value is an exit price, representing the amount that would be received for selling an asset or paid for the transfer of a liability in an orderly transaction between market participants. As such, fair value is a market-based measurement that should be determined based on assumptions that market participants would use in pricing an asset or a liability. A three-tier fair value hierarchy is established as a basis for considering such assumptions and for inputs used in the valuation methodologies in measuring fair value:

	Level I:		Unadjusted quoted prices in active markets that are accessible on the measurement date for identical, unrestricted assets or liabilities;

	Level II:		Quoted prices in markets that are not active, or inputs that are observable, either directly or indirectly, for substantially the full term of the asset or liability; and

	Level III:		Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (supported by little or no market activity).

The Company measures its marketable securities, foreign currency derivative contracts and the contingent payments obligation in connection with acquisition (the “Contingent Payments”) at fair value. Marketable securities and foreign currency derivative contracts are classified within Level II as the valuation inputs are based on quoted prices and market observable data of similar instruments. The Contingent Payments are classified within level III as the valuation inputs are based on significant inputs not observable in the market.

The below table sets forth the Company’s assets and liabilities that were measured at fair value as of June 30, 2017 and December 31, 2016 by level within the fair value hierarchy.

Assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement.

	As of June 30, 2017
	Unaudited
	Level 1		Level 2		Level 3		Total
Assets:
Marketable securities		-	$	63,612		-	$	63,612
Foreign currency derivative contracts		-		88		-		88
Total financial assets		-	$	63,700		-	$	63,700

Liabilities:
Payment obligation related to acquisition		-		-	$	1,151	$	1,151
Total liabilities		-		-	$	1,151	$	1,151

	As of December 31, 2016
	Level 1		Level 2		Level 3		Total
Assets:
Marketable securities		-	$	38,224		-	$	38,224
Foreign currency derivative contracts		-		3		-		3
Total financial assets		-	$	38,227		-	$	38,227

Liabilities:
Payment obligation related to acquisition		-		-	$	1,070	$	1,070
Total liabilities		-		-	$	1,070	$	1,070

The following table set forth the change of fair value measurements that are categorized within Level 3:

Total fair value as of January 1, 2017	$	1,070
Accretion of payments obligation		81

Total fair value as of June 30, 2017 (Unaudited)	$	1,151

The fair value of the payment obligation related to acquisition was estimated based several factors of which the most significant is the Company’s revenue projections. The Company used a Monte Carlo Simulation of the triangular model with a discount rate of 15%. Payment obligation related to acquisition are revalued to current fair value at each reporting date. Any change in the fair value as a result of time passage is recognized in the financial expenses; any other changes in significant inputs such as the discount rate, the discount period or other factors used in the calculation, is recognized in operation expenses in the consolidated results of operations in the period the estimated fair value changes. Payment obligation related to acquisition will continue to be accounted for and measured at fair value until the contingencies are settled during fiscal years 2017 and 2018. Accretion of the payment obligation related to acquisition is included in financial expenses, net.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Inventories

6 Months Ended

Jun. 30, 2017

Inventories [Abstract]

INVENTORIES

NOTE 5:-

INVENTORIES

	June 30,		December 31,
	2017		2016
	(Unaudited)

Raw materials and components	$	16,650	$	12,322
Finished products (*)		16,230		11,800

	$	32,880	$	24,122

(*)

Inventory write-off amounted to $1,333 and $265 for the six months ended June 30, 2017 and 2016, respectively.

Derivatives and Hedging Activities

6 Months Ended

Jun. 30, 2017

Derivatives and Hedging Activities [Abstract]

DERIVATIVES AND HEDGING ACTIVITIES

NOTE 6:-

DERIVATIVES AND HEDGING ACTIVITIES

The Company follows FASB ASC No. 815,” Derivatives and Hedging” which requires companies to recognize all of their derivative instruments as either assets or liabilities in the statement of financial position at fair value. Accounting for changes in fair value (i.e., gains or losses) of a derivative instrument depends on whether it has been designated and qualifies as part of a hedging transaction and further, on the type of hedging transaction. For those derivative instruments that are designated and qualify as hedging instruments, a company must designate the hedging instrument, based upon the exposure being hedged, as a fair value hedge, cash flow hedge, or a hedge of a net investment in a foreign operation. Due to the Company’s global operations, it is exposed to foreign currency exchange rate fluctuations in the normal course of its business. The Company used derivative financial instruments, specifically foreign currency forward and option contracts (“Hedging Contracts”), to manage exposure to foreign currency risks, by hedging a portion of the Company’s forecasted expenses denominated in New Israeli Shekels expected to incur within a year. The effect of exchange rate changes on foreign currency hedging contracts is expected to partially offset the effect of exchange rate changes on the underlying hedged item

For derivative instruments that are designated and qualify as a cash flow hedge (i.e., hedging the exposure to variability in expected future cash flows that is attributable to a particular risk), the effective portion of the gain or loss on the derivative instrument is reported as a component of other comprehensive income (loss) and reclassified into earnings in the same period or periods during which the hedged transaction affects earnings. Gains or losses from contracts that were not designated as hedging instruments are recognized in “financial income (expenses), net”.

As of June 30, 2017 and December 31, 2016, the notional principal amount of the Hedging Contracts to sell U.S. dollars held by the Company was $2,192 (unaudited) and $8,636, respectively.

As of June 30, 2017, the fair value of the Company’s outstanding derivatives designated as cash flow hedging instruments was $88 (unaudited) which is included within “Other accounts receivable and prepaid expenses” in the balance sheet.

As of December 31, 2016, the fair value of the Company’s outstanding derivatives designated as cash flow hedging instruments was $3 which is included within “Other accounts receivable and prepaid expenses” in the balance sheet.

Commitments and Contingent Liabilities

6 Months Ended

Jun. 30, 2017

Commitments and Contingent Liabilities [Abstract]

COMMITMENTS AND CONTINGENT LIABILITIES

NOTE 7:-

COMMITMENTS AND CONTINGENT LIABILITIES

Charges:

As of June 30, 2017, the Company has two lines of credit with Israeli banks for total borrowings of up to $3 million, all of which was undrawn as of June 30, 2017. These lines of credit are unsecured and available subject to the Company maintenance of a 30% ratio of total tangible shareholders’ equity to total tangible assets and that the total credit use will be less than 70% of the Company and its subsidiaries’ receivables. Interest rates across these credit lines varied from 0.2% to 2.3% as of June 30, 2017.

Purchase commitments:

As of June 30, 2017, the Company estimates purchase commitments from vendors in the amount of $11,491.

Litigation:

From time to time, the Company is party to various legal proceedings, claims and litigation that arise in the normal course of business. It is the opinion of management that the ultimate outcome of these matters will not have a material adverse effect on the Company’s financial position, results of operations or cash flows.

Royalty Commitments:

Under the Company’s agreement for purchasing print heads and other products, which was amended and restated in 2015, the Company is obligated to pay royalties at a rate set forth in the agreement up to an agreed maximum amount of the Company’s annual ink revenues.

Royalty expenses for the six months ended June 30, 2017 and 2016 were $312.

Guarantees:

As of June 30, 2017, the Company provided two bank guarantees in a total amount of $393 for its rented facilities.

Earnings Per Share

6 Months Ended

Jun. 30, 2017

Earnings Per Share [Abstract]

EARNINGS PER SHARE

NOTE 8:-

EARNINGS PER SHARE

The following table sets forth the computation of basic and diluted net earnings per share:

	Six months ended June 30,
	2017			2016
	Unaudited
Numerator for basic and diluted net earnings per share:

Net loss	$	(1,522	)	$	(353	)

Weighted average shares outstanding, net of treasury stock:

Denominator for basic and diluted net loss per share		33,151,633			30,420,165

Basic and diluted net loss per share	$	(0.05	)	$	(0.01	)

The Company in a loss position and all of its securities are antidilutive.

Shareholders' Equity

6 Months Ended

Jun. 30, 2017

Shareholders' Equity [Abstract]

SHAREHOLDERS' EQUITY

NOTE 9:-

SHAREHOLDERS’ EQUITY

Share based compensation

The fair value for options granted in the periods presented is estimated at the date of grant using a binomial option-pricing model with the following weighted average assumptions:

	Six months ended June 30,
	2017			2016
	Unaudited

Suboptimal exercise multiple		1.0-1.5			1.0
Risk free interest rate		2.26%-2.32	%		1.7%-1.83	%
Volatility		52%-53	%		55%-56	%
Dividend yield		0	%		0	%

The following is a summary of the Company’s stock options activity for the six months ended June 30, 2017:

	Number of shares upon exercise		Weighted Average exercise price		Weighted- average remaining contractual term (in years)		Aggregate intrinsic value (1)
	Unaudited

Outstanding as of December 31, 2016		2,733,166	$	7.01		7.78	$	16,054
Granted		35,000		19.96		9.80
Exercised		445,165		3.13		4.75
Forfeited		52,253		8.66		7.76

Outstanding as of June 30, 2017		2,270,748	$	8.01		7.88	$	25,950

Exercisable as of June 30, 2017		872,938	$	5.73		6.88	$	11,892

(1)

Calculation of aggregate intrinsic value for options outstanding and exercisable as of June 30, 2017 is based on the share price of the Company’s ordinary shares as of June 30, 2017 which was $19.35 per share.

The weighted average fair value of options granted during the six months ended June 30, 2017 was $10.81.

During the six months ended June 30, 2017, the Company granted 3,300 RSUs. The weighted average fair value and contractual life of the RSUs was $21.15 and 9.86, respectively.

The following table shows the total share-based compensation expense included in the interim consolidated statements of operations:

	Six months ended June 30,
	2017		2016
	Unaudited

Cost of revenues	$	287	$	206
Research and development		297		156
Selling and marketing		430		332
General and administrative		934		768

Total share-based compensation expense	$	1,948	$	1,462

On January 10, 2017 the Company had signed a master purchase agreement with Amazon Inc. for 2,932,176 warrants to purchase ordinary shares of the Company in exercise price of $13.03. The warrants are subject to vesting as a function of payments for purchased products and services of up to $150 million over a five years period beginning on May 1, 2016, with the shares vesting incrementally each time Amazon makes a payment totaling $5 million to the Company.

The Company utilizes a Monte Carlo simulation approach to estimate the fair value of the warrants, which requires inputs such as common ordinary share, the warrant strike price, estimated ordinary share price volatility and risk-free interest rate, among others. The Company recognized a reduction to revenues of $2.4 million during the six months ended June 30, 2017.

Accumulated Other Comprehensive Income (Loss)

6 Months Ended

Jun. 30, 2017

Accumulated Other Comprehensive Income (Loss) [Abstract]

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

NOTE 10:-

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The following table summarizes the changes in accumulated balances of other comprehensive income (loss):

	Unrealized gain (loss) on available-for-sale marketable securities			Unrealized gain (loss) on cash flow hedges			Foreign currency translation adjustment		Total
	Unaudited
Six months ended June 30, 2017:

Beginning balance	$	(100	)	$	3		$	15	$	(82	)
Other comprehensive income before reclassifications		69			390			127		586
Amounts reclassified from accumulated other comprehensive loss		(29	)		(369	)		-		(398	)
Net current period other comprehensive income loss		40			21			127		188
Ending Balance	$	(60	)	$	24		$	142	$	106

Selected Statements of Income Data

6 Months Ended

Jun. 30, 2017

Selected Statements of Income Data [Abstract]

SELECTED STATEMENTS OF INCOME DATA

NOTE 11:-

SELECTED STATEMENTS OF INCOME DATA

Financial income, net:

	Six months ended June 30,
	2017			2016
	Unaudited
Financial income:

Interest on bank deposits and other	$	36		$	126
Foreign currency translation differences		1,332			192
Interest on marketable securities		902			512
		2,270			830
Financial expenses:

Bank charges		(148	)		(136	)
Foreign currency translation differences		(1,752	)		(377	)
Amortization of premium and accretion of discount on marketable securities		(277	)		(221	)
		(2,177	)		(734	)

Total financial income	$	93		$	96

Significant Accounting Policies (Policies)

6 Months Ended

Jun. 30, 2017

Significant Accounting Policies [Abstract]

Unaudited interim consolidated financial statements:

Use of estimates:

Impact of recently issued accounting standard:

Marketable Securities (Tables)

6 Months Ended

Jun. 30, 2017

Marketable Securities [Abstract]

Summary of marketable securities

	June 30, 2017
	Unaudited
	Amortized cost		Gross unrealized gain		Gross unrealized loss			Fair value
Matures within one year:
Corporate debentures	$	2,663	$	2	$	(8	)	$	2,657
Matures after one year through three years:
Corporate debentures		49,843		68		(111	)		49,800
Government debentures		11,166		2		(13	)		11,155

Total	$	63,672	$	72	$	(132	)	$	63,612

	December 31, 2016
	Amortized cost		Gross unrealized gain		Gross unrealized loss			Fair value
Matures within one year:
Corporate debentures	$	16,526	$	2	$	(28	)	$	16,500
Matures after one year through three years:
Corporate debentures		21,798		5		(79	)		21,724

Total	$	38,324	$	7	$	(107	)	$	38,224

Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2017

Fair Value Measurements [Abstract]

Summary of fair value measurement

	As of June 30, 2017
	Unaudited
	Level 1		Level 2		Level 3		Total
Assets:
Marketable securities		-	$	63,612		-	$	63,612
Foreign currency derivative contracts		-		88		-		88
Total financial assets		-	$	63,700		-	$	63,700

Liabilities:
Payment obligation related to acquisition		-		-	$	1,151	$	1,151
Total liabilities		-		-	$	1,151	$	1,151

	As of December 31, 2016
	Level 1		Level 2		Level 3		Total
Assets:
Marketable securities		-	$	38,224		-	$	38,224
Foreign currency derivative contracts		-		3		-		3
Total financial assets		-	$	38,227		-	$	38,227

Liabilities:
Payment obligation related to acquisition		-		-	$	1,070	$	1,070
Total liabilities		-		-	$	1,070	$	1,070

Schedule of fair value measurements within level 3

Total fair value as of January 1, 2017	$	1,070
Accretion of payments obligation		81

Total fair value as of June 30, 2017 (Unaudited)	$	1,151

Inventories (Tables)

6 Months Ended

Jun. 30, 2017

Inventories [Abstract]

Schedule of inventories

	June 30,		December 31,
	2017		2016
	(Unaudited)

Raw materials and components	$	16,650	$	12,322
Finished products (*)		16,230		11,800

	$	32,880	$	24,122

(*)

Inventory write-off amounted to $1,333 and $265 for the six months ended June 30, 2017 and 2016, respectively.

Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2017

Earnings Per Share [Abstract]

Schedule of computation of basic and diluted net earnings per share

	Six months ended June 30,
	2017			2016
	Unaudited
Numerator for basic and diluted net earnings per share:

Net loss	$	(1,522	)	$	(353	)

Weighted average shares outstanding, net of treasury stock:

Denominator for basic and diluted net loss per share		33,151,633			30,420,165

Basic and diluted net loss per share	$	(0.05	)	$	(0.01	)

Shareholders' Equity (Tables)

6 Months Ended

Jun. 30, 2017

Shareholders' Equity [Abstract]

Schedule of fair value for options granted weighted average assumptions

	Six months ended June 30,
	2017			2016
	Unaudited

Suboptimal exercise multiple		1.0-1.5			1.0
Risk free interest rate		2.26%-2.32	%		1.7%-1.83	%
Volatility		52%-53	%		55%-56	%
Dividend yield		0	%		0	%

Summary of company's stock option activity

	Number of shares upon exercise		Weighted Average exercise price		Weighted- average remaining contractual term (in years)		Aggregate intrinsic value (1)
	Unaudited

Outstanding as of December 31, 2016		2,733,166	$	7.01		7.78	$	16,054
Granted		35,000		19.96		9.80
Exercised		445,165		3.13		4.75
Forfeited		52,253		8.66		7.76

Outstanding as of June 30, 2017		2,270,748	$	8.01		7.88	$	25,950

Exercisable as of June 30, 2017		872,938	$	5.73		6.88	$	11,892

(1)

Schedule of share-based compensation expense

	Six months ended June 30,
	2017		2016
	Unaudited

Cost of revenues	$	287	$	206
Research and development		297		156
Selling and marketing		430		332
General and administrative		934		768

Total share-based compensation expense	$	1,948	$	1,462

Accumulated Other Comprehensive Income (Loss) (Tables)

6 Months Ended

Jun. 30, 2017

Accumulated Other Comprehensive Income (Loss) [Abstract]

Schedule of changes in accumulated balances of other comprehensive income (loss)

	Unrealized gain (loss) on available-for-sale marketable securities			Unrealized gain (loss) on cash flow hedges			Foreign currency translation adjustment		Total
	Unaudited
Six months ended June 30, 2017:

Beginning balance	$	(100	)	$	3		$	15	$	(82	)
Other comprehensive income before reclassifications		69			390			127		586
Amounts reclassified from accumulated other comprehensive loss		(29	)		(369	)		-		(398	)
Net current period other comprehensive income loss		40			21			127		188
Ending Balance	$	(60	)	$	24		$	142	$	106

Selected Statements of Income Data (Tables)

6 Months Ended

Jun. 30, 2017

Selected Statements of Income Data [Abstract]

Summary of financial income (expenses)

	Six months ended June 30,
	2017			2016
	Unaudited
Financial income:

Interest on bank deposits and other	$	36		$	126
Foreign currency translation differences		1,332			192
Interest on marketable securities		902			512
		2,270			830
Financial expenses:

Bank charges		(148	)		(136	)
Foreign currency translation differences		(1,752	)		(377	)
Amortization of premium and accretion of discount on marketable securities		(277	)		(221	)
		(2,177	)		(734	)

Total financial income	$	93		$	96

General (Details) - USD ($) $ in Thousands		1 Months Ended	6 Months Ended
General (Details) - USD ($) $ in Thousands	May 15, 2017	Jan. 31, 2017	Jun. 30, 2017	Jun. 30, 2016
General (Textual)
Sale of ordinary shares transaction		8,625,000
Gross proceeds received by underwriting discounts and commissions		$ 36,058
Offering expenses to be paid		$ 981
Customer concentration risk percentage			29.00%	48.00%
Majority Shareholder [Member]
General (Textual)
Sale of ordinary shares transaction	4,250,000
Shareholders [Member]
General (Textual)
Sale of ordinary shares transaction		6,325,000
Public [Member]
General (Textual)
Sale of ordinary shares transaction		2,300,000
Overallotment option [Member]
General (Textual)
Sale of ordinary shares transaction		1,125,000

Significant Accounting Policies (Details) $ in Thousands	6 Months Ended
Significant Accounting Policies (Details) $ in Thousands	Jun. 30, 2017 USD ($)
Significant Accounting Policies (Textual )
Cumulative-effect adjustment to decrease retained earnings	$ 69

Marketable Securities (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
Marketable Securities (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Summary of marketable securities
Amortized cost	$ 63,672	$ 38,324
Gross unrealized gain	72	7
Gross unrealized loss	(132)	(107)
Fair value	63,612	38,224
Matures within one year: Corporate debentures [Member]
Summary of marketable securities
Amortized cost	2,663	16,526
Gross unrealized gain	2	2
Gross unrealized loss	(8)	(28)
Fair value	2,657	16,500
Matures after one year through three years: Corporate debentures [Member]
Summary of marketable securities
Amortized cost	49,843	21,798
Gross unrealized gain	68	5
Gross unrealized loss	(111)	(79)
Fair value	49,800	$ 21,724
Matures after one year through three years: Government debentures [Member]
Summary of marketable securities
Amortized cost	11,166
Gross unrealized gain	2
Gross unrealized loss	(13)
Fair value	$ 11,155

Marketable Securities (Details Textual)	6 Months Ended
Marketable Securities (Details Textual)	Jun. 30, 2017
Marketable Securities (Textual)
Marketable securities unrealized losses, description	All investments with an unrealized loss as of June 30, 2017 are with continuous unrealized losses for less than 12 months.

Fair Value Measurements (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Fair value measurement [Member]
Assets:
Marketable securities	$ 63,612	$ 38,224
Foreign currency derivative contracts	88	3
Total financial assets	63,700	38,227
Liabilities:
Payment obligation related to acquisition	1,151	1,070
Total liabilities	1,151	1,070
Level 1 [Member]
Assets:
Marketable securities
Foreign currency derivative contracts
Total financial assets
Liabilities:
Payment obligation related to acquisition
Total liabilities
Level 2 [Member]
Assets:
Marketable securities	63,612	38,224
Foreign currency derivative contracts	88	3
Total financial assets	63,700	38,227
Liabilities:
Payment obligation related to acquisition
Total liabilities
Level 3 [Member]
Assets:
Marketable securities
Foreign currency derivative contracts
Total financial assets
Liabilities:
Payment obligation related to acquisition	1,151	1,070
Total liabilities	$ 1,151	$ 1,070

Fair Value Measurements (Details 1) - Level 3 [Member] $ in Thousands	6 Months Ended
	Jun. 30, 2017 USD ($)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total fair value as of January 1, 2017	$ 1,070
Accretion of payments obligation	81
Total fair value as of June 30, 2017 (Unaudited)	$ 1,151

Fair Value Measurements (Details Textual)	6 Months Ended
Fair Value Measurements (Details Textual)	Jun. 30, 2017
Fair Value Measurements (Textual)
Discount rate	15.00%

Inventories (Details) - USD ($)
$ in Thousands

Jun. 30, 2017

Dec. 31, 2016

Schedule of inventory

Raw materials and components

$ 16,650

$ 12,322

Finished products

^[1]

16,230

11,800

Inventories

$ 32,880

$ 24,122

[1]	Inventory write-off amounted to $1,333 and $265 for the six months ended June 30, 2017 and 2016, respectively.

Inventories (Details Textual) - USD ($) $ in Thousands	6 Months Ended
Inventories (Details Textual) - USD ($) $ in Thousands	Jun. 30, 2017	Jun. 30, 2016
Inventories (Textual)
Inventory write-off	$ 1,333	$ 265

Derivatives and Hedging Activities (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Derivatives and Hedging Activities (Textual)
Notional principal amount of hedging contracts	$ 2,192	$ 8,636
Derivatives designated as cash flow hedging instruments, assets	$ 88
Derivatives designated as cash flow hedging instruments, liabilities		$ 3

Commitments and Contingent Liabilities (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2017 USD ($) Banks	Jun. 30, 2016 USD ($)
Commitments and Contingent Liabilities (Textual)
Lines of credit maximum borrowings	$ 3,000
Interest rate description	These lines of credit are unsecured and available subject to the Company maintenance of a 30% ratio of total tangible shareholders' equity to total tangible assets and that the total credit use will be less than 70% of the Company and its subsidiaries' receivables. Interest rates across these credit lines varied from 0.2% to 2.3% as of June 30, 2017.
Purchase commitments	$ 11,491
Royalty expense	$ 312	$ 312
Number of banks \| Banks	2
Guarantees fee	$ 393

Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Numerator for basic and diluted net earnings per share:
Net loss	$ (1,522)	$ (353)
Weighted average shares outstanding, net of treasury stock:
Denominator for basic and diluted net loss per share	33,151,633	30,420,165
Basic and diluted net loss per share	$ (0.05)	$ (0.01)

Shareholders' Equity (Details) - $ / shares	6 Months Ended
Shareholders' Equity (Details) - $ / shares	Jun. 30, 2017	Jun. 30, 2016
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Suboptimal exercise multiple		$ 1.0
Dividend yield	0.00%	0.00%
Minimum [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Suboptimal exercise multiple	$ 1.0
Risk free interest rate	2.26%	1.70%
Volatility	52.00%	55.00%
Maximum [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Suboptimal exercise multiple	$ 1.5
Risk free interest rate	2.32%	1.83%
Volatility	53.00%	56.00%

Shareholders' Equity (Details 1) - Stock options [Member]
$ / shares in Units, $ in Thousands

6 Months Ended

Jun. 30, 2017

USD ($)

$ / shares

Number of shares upon exercise

Outstanding as of beginning of year | shares

2,733,166

Granted | shares

35,000

Exercised | shares

445,165

Forfeited | shares

52,253

Outstanding as of end of year | shares

2,270,748

Exercisable as of end of year | shares

872,938

Weighted average exercise price

Outstanding as of beginning of year | $ / shares

$ 7.01

Granted | $ / shares

19.96

Exercised | $ / shares

3.13

Forfeited | $ / shares

8.66

Outstanding as of end of year | $ / shares

8.01

Exercisable as of end of year | $ / shares

$ 5.73

Weighted- average remaining contractual term (in years)

Outstanding as of beginning of year

7 years 9 months 11 days

Granted

9 years 9 months 18 days

Exercised

4 years 9 months

Forfeited

7 years 9 months 3 days

Outstanding as of end of year

7 years 10 months 17 days

Exercisable as of end of year

6 years 10 months 17 days

Aggregate intrinsic value

Outstanding as of beginning of year | $

$ 16,054

^[1]

Outstanding as of end of year | $

25,950

^[1]

Exercisable as of end of year | $

$ 11,892

^[1]

[1]	Calculation of aggregate intrinsic value for options outstanding and exercisable as of June 30, 2017 is based on the share price of the Company's ordinary shares as of June 30, 2017 which was $19.35 per share.

Shareholders' Equity (Details 2) - USD ($) $ in Thousands	6 Months Ended
Shareholders' Equity (Details 2) - USD ($) $ in Thousands	Jun. 30, 2017	Jun. 30, 2016
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total share-based compensation expense	$ 1,948	$ 1,462
Cost of revenues [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total share-based compensation expense	287	206
Research and development [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total share-based compensation expense	297	156
Selling and marketing [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total share-based compensation expense	430	332
General and administrative [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total share-based compensation expense	$ 934	$ 768

Shareholders' Equity (Details Textual) - USD ($) $ / shares in Units, $ in Millions		6 Months Ended
	Jan. 10, 2017	Jun. 30, 2017	Jun. 30, 2016
Shareholders' Equity (Textual)
Intrinsic value for options outstanding and exercisable		$ 19.35
Weighted average fair value of options granted		$ 10.81
Weighted average fair value			$ 1.0
Warrants to purchase ordinary shares	2,932,176
Exercise price	$ 13.03
Description of warrant function	The warrants are subject to vesting as a function of payments for purchased products and services of up to $150 million over a five years period beginning on May 1, 2016, with the shares vesting incrementally each time Amazon makes a payment totaling $5 million to the Company.
Reduction to revenues recognized		$ 2.4
Restricted Stock Units (RSUs) [Member]
Shareholders' Equity (Textual)
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross		3,300
Weighted average fair value		$ 21.15
Contractual life		9 years 10 months 10 days

Accumulated Other Comprehensive Income (Loss) (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2017 USD ($)
Schedule of changes in accumulated balances of other comprehensive income (loss)
Beginning balance	$ (82)
Other comprehensive income before reclassifications	586
Amounts reclassified from accumulated other comprehensive loss	(398)
Net current period other comprehensive income loss	188
Ending Balance	106
Unrealized gain (loss) on available-for-sale marketable securities [Member]
Schedule of changes in accumulated balances of other comprehensive income (loss)
Beginning balance	(100)
Other comprehensive income before reclassifications	69
Amounts reclassified from accumulated other comprehensive loss	(29)
Net current period other comprehensive income loss	40
Ending Balance	(60)
Unrealized Gains (losses) on cash flow hedges [Member]
Schedule of changes in accumulated balances of other comprehensive income (loss)
Beginning balance	3
Other comprehensive income before reclassifications	390
Amounts reclassified from accumulated other comprehensive loss	(369)
Net current period other comprehensive income loss	21
Ending Balance	24
Unrealized gain (loss) on cash flow hedges [Member]
Schedule of changes in accumulated balances of other comprehensive income (loss)
Beginning balance	15
Other comprehensive income before reclassifications	127
Amounts reclassified from accumulated other comprehensive loss
Net current period other comprehensive income loss	127
Ending Balance	$ 142

Selected Statements of Income Data (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Financial income:
Interest on bank deposits and other	$ 36	$ 126
Foreign currency translation differences	1,332	192
Interest on marketable securities	902	512
Total Financial income	2,270	830
Financial expenses:
Bank charges	(148)	(136)
Foreign currency translation differences	(1,752)	(377)
Amortization of premium and accretion of discount on marketable securities	(277)	(221)
Other financial expenses	(2,177)	(734)
Total financial income	$ 93	$ 96