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

Statements of Loss

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Statements of Loss - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Income Statement [Abstract]      
Research and development expenses, net $ 720,527 $ 317,907 $ 374,023
General and administrative expenses 617,087 410,982 456,957
Operating loss (1,337,614) (728,889) (830,980)
Financing income (expenses), net (1,337,758) 75,428 12,439
Net loss $ (2,675,372) $ (653,461) $ (818,541)
Basic and diluted net loss per share $ (0.04) $ (0.01) $ (0.02)
Basic and diluted weighted average number of ordinary shares outstanding 68,587,261 62,467,556 45,190,017