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

Share Capital (Tables)

v3.7.0.1
Share Capital (Tables)
 12 Months Ended
Dec. 31, 2016
Share Capital [Abstract]  
Summary of stock option activities and related information
      Number of options     Weighted average exercise price     Weighted average remaining contractual term     Aggregate intrinsic-value  
                           
  Outstanding at the beginning of the year     1,021,917     $ 0.51                  
  Granted     75,000       0.92                  
  Exercised     (59,922 )     *)                  
  Options forfeited     (200,481 )     0.32                  
                                   
  Outstanding at the end of the year     836,514     $ 0.63       3.63     $ 318,326  
                                   
  Exercisable as of December 31     745,885     $ 0.59       3.36     $ 309,867  

 

*) Represent amount lower than $0.01
Summary of options granted outstanding and exercise prices
        Outstanding     Exercisable  
  Exercise price     Number of options     Weighted average remaining contractual life (years)     Number of options     Weighted average remaining contractual life (years)  
                             
    *)     230,425       3.4       230,425       3.4  
  $0.45       63,097       0.7       63,097       0.7  
  $0.92       542,992       4.1       452,363       3.7  
                                       
            836,514               745,885          

 

*) Represent amount lower than $0.01
Summary of stock based compensation
   

Year Ended December 31,

  
      2014     2015     2016  
                     
  Cost of Revenues   $ 2,134     $ 107     $ (99 )
  Research and Development     202,769       2,597       8,828  
  Sales & Marketing     28,458       839       7,220  
  General and Administrative     149,234       5,245       36,440  
                           
      $ 382,595     $ 8,788     $ 52,389
Summary of outstanding warrants
  Issuance date     Outstanding     Exercise price     Exercisable through  
                       
    2009       117,209       (***)       Exit event  
    2011       6,546     $ 0.92       2017  
    2012       28,637     $ 0.92       (*)  
.   2013       59,384     $ 0.92       2023  
    2013       8,182     $ 0.92       (*)  
    2014       51,096     $ 1.50       (*)  
    2015       4,337     $ 1.50       (**)  
    2016       7,832     $ 1.50       (**)  
    2016       333     $ 0.75       (**)  
                               
            283,556                  

 

*) The earlier of: 5 years from the issuance date or the consummation of IPO or M&A Transaction.
**) The earlier of: 2 years from the issuance date or the consummation of IPO or M&A Transaction
  ***) Represent amount lower than $0.01