Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT, NET

v3.7.0.1
PROPERTY AND EQUIPMENT, NET
12 Months Ended
Dec. 31, 2016
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Disclosure [Text Block]
NOTE 5 – PROPERTY AND EQUIPMENT, NET
 
 
 
December 31,
 
 
 
2016
 
2015
 
 
 
US Dollars
 
US Dollars
 
 
 
 
 
 
 
Laboratory equipment
 
 
139,865
 
 
111,758
 
Computers
 
 
2,161
 
 
2,161
 
Vehicle
 
 
5,204
 
 
-
 
Furniture and equipment
 
 
10,299
 
 
8,639
 
 
 
 
157,529
 
 
122,558
 
Less - accumulated depreciation
 
 
(33,668)
 
 
(12,973)
 
Total property and equipment, net
 
 
123,861
 
 
109,585
 
 
Related depreciation expense was $20,695 in 2016, $11,898 in 2015 and $434 in 2014.