Annual report pursuant to Section 13 and 15(d)

Convertible Bridge Loans, Net - (Details Narrative)

v3.21.1
Convertible Bridge Loans, Net - (Details Narrative)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2020
USD ($)
shares
Nov. 04, 2020
USD ($)
Sep. 02, 2020
Aug. 21, 2020
USD ($)
$ / shares
shares
Jul. 31, 2020
USD ($)
$ / shares
shares
Jun. 30, 2020
USD ($)
$ / shares
shares
Jun. 15, 2020
USD ($)
Jun. 12, 2020
USD ($)
$ / shares
shares
Apr. 24, 2020
USD ($)
$ / shares
shares
Feb. 20, 2020
USD ($)
$ / shares
Jan. 09, 2020
USD ($)
$ / shares
Dec. 31, 2019
USD ($)
shares
Dec. 10, 2019
USD ($)
$ / shares
shares
Dec. 02, 2019
USD ($)
$ / shares
Jun. 30, 2020
USD ($)
$ / shares
shares
Mar. 31, 2020
USD ($)
$ / shares
shares
Dec. 31, 2020
USD ($)
shares
Dec. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
Changes in fair value                                 $ 927 $ 500  
Proceeds from issuance of warrants                                 2,390  
Stock issued during the period converted                                 4,677 335  
Additional paid-in-capital $ 651                     $ 60         651 60  
Discount on amortization                                 1,170 959  
Notes [Member]                                      
Proceeds from debt                                 938    
Convertible Bridge Loan [Member]                                      
Debt instrument, face amount 4,918                     355         4,918 355  
Conversion of debt description                             If a Nasdaq listing does not happen by the Amended Maturity Date, the lender will be entitled to convert or request redemption at its option; (ii) the Company will pay in cash to lenders 10% of the outstanding balance of the note within 25 days from the amendment date and 10% of the outstanding balance in equity in consideration for the extension of the loan and (iii) the Third Warrants will be cashless exercised upon the Company listing its ordinary shares on the Nasdaq.        
Changes in fair value                               416 138  
Cash payments for warrants 54                               $ 54    
Stock issued during the period converted, shares | shares                             720,000   309,427    
Stock issued during the period converted                                 $ 19    
Fair value of ordinary shares                                 697 25  
Fair value of loans payable                       192           192  
Additional paid-in-capital                       80           80  
Extinguishment amount                             $ 97   3,751    
Fair value of derivative liability 2,500                             2,500  
Remeasurement expense                                   1,985  
Discount on amortization                                 81 756  
Beneficial conversion feature                                 60    
2019 warrants [Member]                                      
Changes in fair value                                 884    
Second Warrant [Member]                                      
Proceeds from debt                                 $ 326    
Loan Agreement [Member]                                      
Convertible bridge loan                       $ 1,443           $ 1,443 $ 27
Debt instrument principal rate                       90.00%           90.00%  
Debt instrument discount rate                       10.00%           10.00%  
Debt instrument, face amount                       $ 163           $ 163  
Debt instrument, interest rate                       10.00%           10.00%  
Debt instrument, maturity term                                   6 months  
Debt instrument, description                                   The Company will be required to pay 10% penalty upon repayment of the Principal Amount prior to the Maturity Date. Upon the Maturity Date of the loans, the Company will be required to repay the Principal Amount of the Loan and unpaid Interest for cash. From the initial recognition and until the Maturity Date, the loans are presented as current liability. Subject to the Company's discrete decision not to repay the Principal Amount and unpaid Interest for cash, the Principal Amount and the unpaid Interest shall become convertible into the Company's Ordinary Shares following the Maturity Date and thereafter at a conversion price equal to 70% of the average closing bid price of the Company's Ordinary Shares in the 5-days prior to the conversion date. In the event the Company's defaults under the Agreements, the conversion price shall be reduced to 60% of the average closing bid price of the Company's Ordinary Shares in the 15-days prior to the conversion date. Following the Maturity Date, the convertible loans are reclassified to non-current liability.  
Conversion of debt description                                 Company's Ordinary Shares following the Maturity Date and thereafter at a conversion price equal to 70% of the average closing bid price of the Company's Ordinary Shares in the 5-days prior to the conversion date. In the event the Company's defaults under the Agreements, the conversion price shall be reduced to 60% of the average closing bid price of the Company's Ordinary Shares in the 15-days prior to the conversion date. Following the Maturity Date, the convertible loans were reclassified to non-current liability.    
Proceeds from issuance of warrants                                   $ 158  
Additional discount of the convertible bridge loans                                   $ 101  
First Amendment of 2019 and 2018 Loan Agreement [Member]                                      
Proceeds from issuance of warrants                           $ 500,000          
Additional bridge loan                           $ 500          
Exercise price of warrants | $ / shares                           $ 0.15          
Warrants term                           5 years          
First Amendment of 2019 and 2018 Loan Agreement [Member] | Maximum [Member]                                      
Debt instrument, interest rate                           24.00%          
Convertible Note Extension Agreement [Member]                                      
Proceeds from issuance of warrants                   $ 20,792,380     $ 1,666,667            
Exercise price of warrants | $ / shares                   $ 0.10                  
Warrants term                   5 years                  
Ordinary shares par value | $ / shares                         $ 0.01            
Debt instrument, conversion price rate                         0.15            
Stock issued during period shares restricted stock | shares                         350,000            
Debt maturity date                   Aug. 14, 2020                  
Cash payments for warrants                   $ 35                  
Second Amendment of 2019 and 2018 Loan Agreement [Member]                                      
Debt instrument, face amount                     $ 127                
Proceeds from issuance of warrants                     $ 1,000,000                
Exercise price of warrants | $ / shares                     $ 0.10                
Debt maturity date                     Mar. 31, 2020                
Amendment No 2 of 2019 and 2018 Loan Agreement [Member]                                      
Debt instrument, interest rate     20.00%                                
Debt maturity date     Oct. 15, 2020                                
Accrued interest percentage     15.00%                                
March 2020 Loan Agreement [Member]                                      
Convertible bridge loan                               $ 697      
Debt instrument discount rate                               30.00%      
Debt instrument, face amount                               $ 299      
Debt instrument, interest rate                               10.00%      
Debt instrument, maturity term                               6 months      
Conversion of debt description                               Any amount so converted will be converted into common stock of the Company at a price equal to the lower of (i) the closing market price on the date of closing and (ii) 50% of the lowest trading price on the primary trading market on which the Company's Common Stock is quoted for the last 10 trading days immediately prior to but not including the Conversion Date ("Conversion Price").      
Exercise price of warrants | $ / shares                               $ 0.10      
Warrants term                               5 years      
Fair value of loans payable                               $ 236      
Number of warrants issued | shares                               31,236,042      
Fair value of derivative liability                               $ 461      
Securities Purchase Agreement [Member]                                      
Debt instrument principal rate             125.00%                        
Debt instrument discount       $ 75     $ 60   $ 50                    
Debt instrument discount rate       25.00%     16.00% 20.00% 20.00%                    
Debt instrument, face amount               $ 50                      
Debt instrument, interest rate       10.00%     2.00%   8.00%                    
Debt instrument, description       Any amount so converted will be converted into common stock of the Company at a price equal to the lower of (1) the closing market price on the date of closing and (2) 60% of the lowest daily volume weighted average price ("VWAP") of the Common Stock as reported on the market during the 11 trading days immediately prior to but not including the date of conversion ("Conversion Price"). In addition, the Lender must convert any outstanding balances due under the Note within 15 days if, (a) the Company successfully uplists its common stock to trade on the Nasdaq stock exchange, and (2) there is an effective registration statement on file with the Securities and Exchange Commission that includes a registration of the common stock underlying the Note.                              
Proceeds from debt       $ 175     $ 315   $ 200                    
Exercise price of warrants | $ / shares       $ 0.10       $ 0.10 $ 0.10                    
Warrants term                 5 years                    
Debt maturity date       Nov. 21, 2020         Apr. 24, 2021                    
Stock issued during the period converted                                    
Fair value of ordinary shares       $ 215                            
Fair value of loans payable       $ 267     374 $ 61 $ 135                    
Number of warrants issued | shares       8,000,000       500,000 1,250,000                    
Fair value of derivative liability       $ 123     60 $ 10 $ 65                    
Discount on amortization       266     23 21                      
Beneficial conversion feature       $ 463     $ 173 $ 60 $ 127                    
Securities Purchase Agreement [Member] | Two Private Lenders [Member]                                      
Debt instrument discount         $ 100 $ 100                 $ 100        
Debt instrument discount rate         25.00% 25.00%                 25.00%        
Debt instrument, interest rate         2.00% 2.00%                 2.00%        
Debt instrument, description         The Lenders are entitled, at its option, at any time, to convert all or any amount of the principal face amount of the Note and the accumulated Interest then outstanding into the Company's ordinary shares at a price equal to 150% of the closing price on the closing date and will be effective for 40 trading days from the closing date. After the initial 40 trading days, the conversion price shall equal to the lower of (i) 60% of the lowest volume weighted average price trading price for the common stock as reported at the market reporting trade prices for the common stock during the 10 trading days immediately prior to conversion, and including, the date of the conversion notice; and (ii) 150% of the closing price on the closing date and the closing price on the effectiveness date of the registration statement, including the day upon which a conversion notice is received by the Company (the "Conversion Price") The Lenders are entitled, at its option, at any time, to convert all or any amount of the principal face amount of the Note and the accumulated Interest then outstanding into the Company's ordinary shares at a price equal to 150% of the closing price on the closing date and will be effective for 40 trading days from the closing date. After the initial 40 trading days, the conversion price shall equal to the lower of (i) 60% of the lowest volume weighted average price trading price for the common stock as reported at the market reporting trade prices for the common stock during the 10 trading days immediately prior to conversion, and including, the date of the conversion notice; and (ii) 150% of the closing price on the closing date and the closing price on the effectiveness date of the registration statement, including the day upon which a conversion notice is received by the Company (the "Conversion Price")                          
Changes in fair value         $ 42 $ 42                          
Proceeds from debt         $ 300 $ 300                          
Exercise price of warrants | $ / shares         $ 0.10 $ 0.10                 $ 0.10        
Debt maturity date         Dec. 22, 2020 Dec. 22, 2020                          
Stock issued during the period converted, shares | shares         2,000,000 2,000,000                          
Fair value of loans payable         $ 360 $ 360                 $ 360        
Number of warrants issued | shares         3,000,000 3,000,000                          
Fair value of derivative liability         $ 51 $ 51                 $ 51        
Discount on amortization         153 153                          
Beneficial conversion feature         $ 359 $ 359                          
July 2020 Loan Agreement [Member]                                      
Debt instrument principal rate         71.80%                            
Debt instrument, face amount         $ 1,881                            
Debt instrument, interest rate         2.00%                            
Debt instrument, maturity term         6 months                            
Debt instrument, description         The Convertible Note may be redeemed at any time at an amount equal to 125% of the outstanding loan principal and unpaid interest. The Lenders may convert the loan principal and accrued interest by 150% of the closing bid price and will be effective for 40 days following the closing date. After the initial 40 days, the conversion price shall equal the lower of (i) 60% of the lowest VMAP trading price for the common stock as reported on the market reporting trade prices for the common stock during 11 trading days immediately prior to the conversion date (including conversion date) or (ii) 150% of the closing bid price on the closing date and (iii) 150% of the closing bid price on the effectiveness date of the Company's registration statements registering the conversion shares.                            
Conversion of debt description         Upon event of default as defined in the Securities Purchase Agreement, the Lenders may require the Company to redeem all or any portion of the note at the greater of default interest rate of 18% or the maximum rate permitted under applicable law (the "Event of Default Price") together with liquidated damages of $250 plus an amount in cash equal to 1% of the Event of Default Price for each 30 day period during which redemptions fail to be made. In addition, the Lenders may convert the loan principal and accrued interest by 150% of the closing bid price and will be effective for 40 days following the closing date. After the initial 40 days, the conversion price shall equal the lower of (i) 35% of the lowest VMAP trading price for the common stock as reported on the market reporting trade prices for the common stock during 11 trading days immediately prior to the conversion date (including the conversion date), (ii) 150% of the closing bid price on the closing date and (iii) 150% of the closing bid price on the effectiveness date of the Company's registration statements registering the conversion shares                            
Proceeds from debt         $ 1,350                            
Exercise price of warrants | $ / shares         $ 0.10                            
Stock issued during the period converted, shares | shares         7,333,333                            
Fair value of ordinary shares         $ 826                            
Fair value of loans payable         $ 1,710                            
Number of warrants issued | shares         10,513,513                            
Fair value of derivative liability         $ 230                            
Discount on amortization         1,543                            
Beneficial conversion feature         $ 1,708                            
Amendment to July 2020 Loan Agreement [Member]                                      
Convertible bridge loan   $ 1,100                                  
Conversion of debt description   (i) the Conversion Price shall in no event be greater than $0.05; (ii) an amount equal to 25% of the total outstanding amount due under the Note shall be added to the Principal amount and (iii) an additional 2.5 million warrants shall be issued in the same form as those issued pursuant to the Purchase Agreement.                                  
Proceeds from issuance of warrants   $ 2,500                                  
Fair value of loans payable   1,434                                  
Extinguishment amount   499                                  
Fair value of derivative liability   $ 115                                  
Secured Convertible Equipment Loan Agreement [Member]                                      
Debt instrument discount $ 300                               $ 300    
Debt instrument discount rate 40.00%                               40.00%    
Debt instrument, face amount $ 750                               $ 750    
Debt instrument, description                                 During the initial payback period and up until the earlier of either (a) April 30, 2021, or (b) the aggregate loan amount is paid in full, all royalty payments made to Lender will be counted towards their loan balance. Thereafter, the royalties continue so long as the machines are in use.    
Proceeds from debt                                 $ 450    
Stock issued during the period converted, shares | shares 64,630,113                     1,811,864              
Stock issued during the period converted $ 4,639                     $ 336              
Royalty interest rate                                 12.50%