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

Consolidated Statements of Shareholders??? Equity (Deficit)

v3.21.1
Consolidated Statements of Shareholders’ Equity (Deficit) - USD ($)
Ordinary shares
Additional paid-in Capital
Accumulated deficit
Total
Balance at Dec. 31, 2016 $ 37,648 $ 10,300,428 $ (12,242,295) $ (1,904,219)
Balance (in Shares) at Dec. 31, 2016 14,505,126      
Issuance of ordinary shares, net of issuance cost [1] $ 20,090 7,096,020 7,116,110
Issuance of ordinary shares, net of issuance cost (in Shares) [1] 6,947,137      
Issuance of ordinary shares in connection with Professional service rendered [1] $ 821 297,779 298,600
Issuance of ordinary shares in connection with Professional service rendered (in Shares) [1] 285,000      
Stock based compensation   136,134   136,134
Net loss     (2,843,905) (2,843,905)
Balance at Dec. 31, 2017 $ 58,559 17,830,361 (15,086,200) 2,802,720
Balance (in Shares) at Dec. 31, 2017 21,737,263      
Issuance of ordinary shares $ 3,116 958,654   961,770
Issuance of ordinary shares (in Shares) 1,167,615      
Issuance of ordinary shares in connection with conversion of convertible loans $ 477 58,730   59,207
Issuance of ordinary shares in connection with conversion of convertible loans (in Shares) 178,689      
Beneficial conversion feature related to convertible loans   338,266   338,266
Issuance of warrants   137,284   137,284
Exercise of options $ 181 813   994
Exercise of options (in Shares) 64,631      
Issuance of ordinary shares in connection with Professional service rendered $ 968 220,508   221,476
Issuance of ordinary shares in connection with Professional service rendered (in Shares) 343,750      
Stock based compensation   153,990   153,990
Net loss     (1,972,558) (1,972,558)
Balance at Dec. 31, 2018 $ 63,301 19,698,606 (17,058,758) 2,703,149
Balance (in Shares) at Dec. 31, 2018 23,491,948      
Issuance of ordinary shares in connection with conversion of convertible loans $ 1,630 97,235   98,865
Issuance of ordinary shares in connection with conversion of convertible loans (in Shares) 576,270      
Beneficial conversion feature related to convertible loans   21,445   21,445
Issuance of ordinary shares in connection with Professional service rendered $ 911 24,733   25,644
Issuance of ordinary shares in connection with Professional service rendered (in Shares) 325,000      
Stock based compensation   109,613   109,613
Net loss     (3,953,005) (3,953,005)
Balance at Dec. 31, 2019 $ 65,842 $ 19,951,632 $ (21,011,763) $ (994,289)
Balance (in Shares) at Dec. 31, 2019 24,393,218      
[1] Reclassed