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

Consolidated Statements of Shareholders??? Equity (Deficit)

v3.22.1
Consolidated Statements of Shareholders’ Equity (Deficit) - USD ($)
Ordinary shares
Additional paid-in Capital
Treasury stocks
Accumulated deficit
Total
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        
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        
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        
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        
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        
Beneficial conversion feature related to convertible loans   21,445 21,445
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        
Issuance of ordinary shares in connection with conversion of convertible loans $ 1,111 64,634 65,745
Issuance of ordinary shares in connection with conversion of convertible loans (in Shares) 386,735        
Issuance of ordinary shares in connection with Professional service rendered $ 602 33,443 34,045
Issuance of ordinary shares in connection with Professional service rendered (in Shares) 206,250        
Issuance of Ordinary Shares as a consideration for the Jet CU purchase $ 5,848 218,352 224,200
Issuance of Ordinary Shares as a consideration for the Jet CU purchase (in Shares) 2,000,000        
Treasury stocks     (122,482) (122,482)
Stock based compensation   464,773 464,773
Net loss   (12,543,737) (12,543,737)
Balance at Dec. 31, 2020 $ 73,403 $ 20,732,834 $ (122,482) $ (33,555,500) $ (12,871,745)
Balance (in Shares) at Dec. 31, 2020 26,986,203