Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 Amendments

Share Capital (Tables)

v3.19.2
Share Capital (Tables)
6 Months Ended
Jun. 30, 2019
Share-based Payment Arrangement [Abstract]  
Summary of stock option activities and related information

    Number of ordinary shares     Number of ordinary shares  
    Authorized     Issued and outstanding     Authorized     Issued and outstanding  
    June 30, 2019     December 31, 2018  
                         
Ordinary shares     200,000,000       24,033,660       200,000,000       23,491,948  
Summary of stock option activities and related information

    Number of options  
       
Outstanding options as of December 31, 2018     1,714,039  
Granted     207,500  
Forfeited     (107,158 )
         
Outstanding options as of June 30, 2019     1,814,381  
Summary of stock based compensation

    Six months ended
June 30,
 
    2019     2018  
    Unaudited  
             
Research and Development   $ 8,077     $ 18,362  
Sales and Marketing     3,728       7,419  
General and Administrative     47,494       51,215  
                 
    $ 59,299     $ 76,996  

Summary of outstanding warrants

  e. The Company’s outstanding warrants classified as equity as of June 30, 2019 are as follows:

 

Outstanding     Issuance year   Exercise price     Exercisable through  
                   
  117,209     2009   $ (*)    Exit event (**)
  59,384     2013     0.92     2023 (**)
  170,000     2018     0.50     2023 (**)
  600,000     2018     0.50     2023 (**)
  466,667     2018   $ 0.50     2023 (**)
                       
  1,413,260                    

 

(*) Represents an amount lower than $0.01
(**) Issued in connection with the 2009, 2013 and 2018 arrangements.