COMMITMENT AND CONTINGENT LIABILITIES (Details Textual) |
1 Months Ended | 12 Months Ended | 24 Months Ended | 80 Months Ended | |||||
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Jan. 31, 2015
USD ($)
a
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Jan. 31, 2015
ILS (₪)
a
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Dec. 31, 2016
USD ($)
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Dec. 31, 2016
ILS (₪)
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Dec. 31, 2013 |
Dec. 31, 2013
USD ($)
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Dec. 31, 2016
USD ($)
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Dec. 31, 2016
ILS (₪)
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Oct. 31, 2015
USD ($)
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Revenue from Grants | $ 110,220 | $ 162,017 | $ 272,237 | ||||||
Grants Receivable | 185,000 | 185,000 | $ 56,000 | ||||||
Royalty Agreement, Expected Minimum Equity Proceeds to Pay Royaltues | $ 10,000,000 | ||||||||
Lessee Leasing Arrangements, Operating Leases, Term of Contract | 1 year | 1 year | 2 years | 2 years | |||||
Other Commitments, Future Minimum Payments, Remainder of Fiscal Year | $ 10,000 | 10,000 | |||||||
Other Commitment, Due in Next Twelve Months | 25,000 | 25,000 | |||||||
Other Commitment, Due in Second Year | 50,000 | 50,000 | |||||||
Area of Land | a | 108 | 108 | |||||||
Operating Leases, Rent Expense | $ 1,750 | ₪ 6,780 | 1,800 | ₪ 7,000 | |||||
Service Fee Percentage on Grants Received | 10.00% | ||||||||
Operating Leases, Future Minimum Payments Due, Next Twelve Months | 23,000 | $ 23,000 | ₪ 91,000 | ||||||
Royalty Payment, Description | The Company is required to pay royalties to the OCS at a rate of 3% in the first three years and 3.5% starting from the fourth year, of the proceeds from the sale of the Company's products arising from the Development Plan up to an amount equal to $162,017, plus interest from the date of the grant. The total amount including interest is approximately $167,000. | ||||||||
Research and Development Arrangement [Member] | |||||||||
Revenue from Grants | $ 56,000 |
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- Definition Represents the minimum amount of equity proceeds the company should achieve for making royalty payments. No definition available.
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- Definition Description of the commitment regarding royalty payment. No definition available.
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- Definition It represents the percentage rate of service fee on grants. No definition available.
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- Definition Area of land held. No definition available.
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- Definition Carrying amount as of the balance sheet date of amounts due under the terms of governmental, corporate, or foundation grants. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of rent expense incurred for leased assets, including but not limited to, furniture and equipment, that is not directly or indirectly associated with the manufacture, sale or creation of a product or product line. No definition available.
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- Definition Term of the lessee's leasing arrangement, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. No definition available.
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- Definition Amount of required minimum rental payments for operating leases having an initial or remaining non-cancelable lease term in excess of one year due in the next fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Minimum amount of other commitment maturing in the next fiscal year following the latest fiscal year for commitments not otherwise specified in the taxonomy. Excludes commitments explicitly modeled in this taxonomy, including but not limited to, long-term and short-term purchase commitments, recorded and unrecorded purchase obligations, supply commitments, registration payment arrangements, leases, debt, product warranties, guarantees, environmental remediation obligations, and pensions. No definition available.
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- Definition Minimum amount of other commitment maturing in the second fiscal year following the latest fiscal year for commitments not otherwise specified in the taxonomy. Excludes commitments explicitly modeled in this taxonomy, including but not limited to, long-term and short-term purchase commitments, recorded and unrecorded purchase obligations, supply commitments, registration payment arrangements, leases, debt, product warranties, guarantees, environmental remediation obligations, and pensions. No definition available.
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- Definition Amount of other commitments maturing in the remainder of the fiscal year following the latest fiscal year ended. No definition available.
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- Definition Revenue earned during the period from non-repayable sum of money awarded to an entity to carry out a specific purpose as provided in grant agreements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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