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

Warrants Presented at Fair Value

v3.8.0.1
Warrants Presented at Fair Value
 12 Months Ended
Dec. 31, 2017
Warrants Presented at Fair Value [Abstract]  
WARRANTS PRESENTED AT FAIR VALUE
NOTE 11:- WARRANTS PRESENTED AT FAIR VALUE

 

The Company’s outstanding warrants classified as a liability as of December 31, 2017 are as follows:

 

  Outstanding     Exercise price     Issuance year   Exercisable through     Fair value      
                             
    1,016,668     $ 1.50     2014   2019     $ 210,576    

(****)
    743,372     $ 1.50     2014   2019       154,041    

(****)
    120,000     $ 0.92 (*)   2014   (**)       37,155    

(****)
    296,813     $ 1.50     2015   2020       87,560     Refer to Note 11a1
    374,001     $ 1.50     2016   2021       144,930     Refer to Note 11a2
    905,555     $ 1.20     2017   2022       478,642     Refer to Note 8e
    333,333     $ 1.50     2017   2022       162,624     Refer to Note 11a8
    53,333     $ 1.50     2017   2022       24,344     Refer to Note 11a4
    50,000     $ 1.50     2017   2022       22,998     Refer to Note 8b
    33,332     $ 1.20     2017   2022       17,598     Refer to Note 8c
    33,332     $ 1.00     2017   2022       18,984     Refer to Note 8c
    675,926       (***)     2017   2022       675,926     Refer to Note 3
                                     
    4,635,665                       $ 2,035,378      

 

  (*) Subject to changes as describe in the agreement.
  (**) M&A or qualified IPO as described in the agreement.
  (***) Less than $0.01.
 

(****)

Issued in connection with 2014 financing rounds.