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

FINANCING (INCOME) EXPENSES, NET (Tables)

v3.7.0.1
FINANCING (INCOME) EXPENSES, NET (Tables)
12 Months Ended
Dec. 31, 2016
Banking and Thrift, Interest [Abstract]  
Interest Income and Interest Expense Disclosure [Table Text Block]
 
 
Year ended December 31
 
 
 
2016
 
2015
 
2014
 
 
 
US Dollars
 
 
 
 
 
 
 
 
 
Change in fair value of warrants liability
 
 
(117,577)
 
 
(35,188)
 
 
-
 
Expenses related to issuing warrants
 
 
34,272
 
 
23,233
 
 
-
 
Exchange rate differences and other finance costs
 
 
7,877
 
 
(484)
 
 
(78,779)
 
Financing (income) expenses, net
 
 
(75,428)
 
 
(12,439)
 
 
(78,779)