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

Statements of Changes in Shareholder's Deficit

v3.19.1
Statements of Changes in Shareholder's Deficit - USD ($)
Total
Preferred shares, NIS 0.01 Par Value
Ordinary shares, NIS 0.01 Par Value
Additional paid-in capital
Accumulated deficit
BALANCE at Dec. 31, 2015 $ (527,510) $ 8,810 $ 154,781 $ 1,215,878 $ (1,906,979)
BALANCE, shares at Dec. 31, 2015   3,096,195 59,125,670    
CHANGES DURING THE YEAR ENDED DECEMBER 31          
Issuance of ordinary shares, net of issuance expenses 566,569 $ 11,669 554,900
Issuance of ordinary shares, net of issuance expenses, share   4,518,406    
Exercise of stock options 273 $ 273
Exercise of stock options, shares   103,428    
Stock-based compensation 161,430 $ 614 160,816
Stock-based compensation, shares   237,276    
Stock-based compensation for consulting services 48,750 48,750
Stock-based compensation for consulting services, shares      
Net loss for the year (653,461) (653,461)
BALANCE at Dec. 31, 2016 (403,949) $ 9,424 $ 166,723 1,980,344 (2,560,440)
BALANCE, shares at Dec. 31, 2016   3,333,471 63,747,504    
CHANGES DURING THE YEAR ENDED DECEMBER 31          
Exercise of warrants, net of issuance expenses and amount classified to equity upon exercise (see Note 9) 1,063,100 $ 4,625 1,058,475
Exercise of warrants, net of issuance expenses and amount classified to equity upon exercise (see Note 9), shares   1,665,000    
Issuance of ordinary shares, net of issuance expenses 562,553 $ 3,015 559,538
Issuance of ordinary shares, net of issuance expenses, share   1,061,125    
Exercise of stock options 226 $ 226
Exercise of stock options, shares   81,432    
Stock-based compensation 110,008 $ 51 109,957
Stock-based compensation, shares   18,379      
Conversion of preferred shares into ordinary shares $ (9,475) $ 9,475
Conversion of preferred shares into ordinary shares, shares   (3,351,850) 3,351,850    
Stock-based compensation for consulting services 3,801 $ 897 2,904
Stock-based compensation for consulting services, shares   350,000    
Net loss for the year (2,675,372) (2,675,372)
BALANCE at Dec. 31, 2017 (1,339,633) $ 184,961 3,711,218 (5,235,812)
BALANCE, shares at Dec. 31, 2017   70,256,911    
CHANGES DURING THE YEAR ENDED DECEMBER 31          
Exercise of warrants, net of issuance expenses and amount classified to equity upon exercise (see Note 9) 453,223 $ 1,928 451,295
Exercise of warrants, net of issuance expenses and amount classified to equity upon exercise (see Note 9), shares   722,500    
Issuance of ordinary shares 80,345 $ 2,134 78,211
Issuance of ordinary shares, shares   800,000    
Exercise of stock options $ 1,656 (1,656)
Exercise of stock options, shares   620,521    
Stock-based compensation 47,672 47,672
Stock-based compensation, shares      
Net loss for the year (457,541) (457,541)
BALANCE at Dec. 31, 2018 $ (1,215,934) $ 190,679 $ 4,286,740 $ (5,693,353)
BALANCE, shares at Dec. 31, 2018   72,399,932