Financing (Income) Expenses, Net - Schedule of Financing (Income) Expenses (Details) - USD ($) |
12 Months Ended | |
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Dec. 31, 2019 |
Dec. 31, 2018 |
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Banking and Thrift, Interest [Abstract] | ||
Change in fair value of warrants liability and fair value of warrants expired (Note 8) | $ 499,874 | $ (925,910) |
Change in fair value of convertible bridge loans following to Maturity Date (Note 7) | 2,321,867 | |
Loss from extinguishment of loans from shareholders (Note 6) | 1,423,493 | |
Direct and incremental issuance costs allocated to First Warrant (Note 7) | 22,109 | |
Amortization of discounts and accrued interest on convertible bridge loans (prior to Maturity Date) (Note 7) | 958,741 | |
Change in liability to minimum royalties (Note 9B) | 50,000 | 50,000 |
Exchange rate differences and other finance income (expenses) | 57,414 | (45,427) |
Financing (income) expenses, net | $ 5,333,498 | $ (921,337) |
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- Definition Change in fair value of convertible bridge loans. No definition available.
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- Definition Direct and incremental issuance costs allocated to First Warrant. No definition available.
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- Definition Exchange rate differences and other finance income (expenses). No definition available.
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- Definition Amount of amortization expense attributable to debt discount (premium) and debt issuance costs. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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- Definition Amount of expense (income) related to adjustment to fair value of warrant liability. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition This element represents interest incurred for borrowed money which was used to produce goods or render services. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of expense related to royalty payments under a contractual arrangement such as payment for mineral and drilling rights and use of technology or intellectual property. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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