Commitments and Contingent Liabilities (Details) |
1 Months Ended | 12 Months Ended | |||||||
|---|---|---|---|---|---|---|---|---|---|
|
Nov. 30, 2014
$ / shares
|
Dec. 31, 2016
USD ($)
shares
|
Dec. 31, 2016
ILS (₪)
₪ / shares
|
Dec. 31, 2016
EUR (€)
|
Dec. 31, 2015
USD ($)
|
Dec. 31, 2015
USD ($)
₪ / shares
|
Dec. 31, 2014
USD ($)
|
Dec. 31, 2011
USD ($)
|
Dec. 31, 2016
ILS (₪)
shares
|
|
| Commitments and Contingent Liabilities (Textual) | |||||||||
| Research and development | $ 976,882 | $ 901,030 | $ 1,088,966 | ||||||
| Warrants to purchase of ordinary shares | shares | 2,550,854 | 2,550,854 | |||||||
| Exercise price | $ / shares | $ 1.50 | ||||||||
| Royalties description | The Company is obligated to pay 3% from future sales and 10% of sublicense fees derived from Nano Size's intellectual property. | The Company is obligated to pay 3% from future sales and 10% of sublicense fees derived from Nano Size's intellectual property. | The Company is obligated to pay 3% from future sales and 10% of sublicense fees derived from Nano Size's intellectual property. | ||||||
| Annual license fee due during calendar year | $ 20,000 | ||||||||
| Annual license fee due in second year | 20,000 | ||||||||
| Annual license fee due in third year | 20,000 | ||||||||
| Annual license fee due in fourth year | 50,000 | ||||||||
| Annual license fee due in fivth year | 50,000 | ||||||||
| Annual Llcense fee due in sixth year | 50,000 | ||||||||
| Annual license fee due in seventh year | 75,000 | ||||||||
| License fees | 0 | 20,000 | 20,000 | ||||||
| Research and development agreement expense | 632,826 | 720,997 | 959,746 | ||||||
| Aggregate consideration amounts | 1,400,000 | $ 60,000 | |||||||
| Royalty expenses | 2,202 | 2,177 | 5,184 | ||||||
| National Technological Innovation Authority [Member] | |||||||||
| Commitments and Contingent Liabilities (Textual) | |||||||||
| Research and development | 0 | 0 | 16,330 | ||||||
| Payments of royalties | $ 2,109 | 1,621 | 1,147 | ||||||
| Payment of royalties authority rate | 3.5 | 3.5 | 3.5 | ||||||
| Licensed Film [Member] | |||||||||
| Commitments and Contingent Liabilities (Textual) | |||||||||
| Royalties net sales percentage | 25.00% | 25.00% | |||||||
| Licensed Film [Member] | Minimum [Member] | |||||||||
| Commitments and Contingent Liabilities (Textual) | |||||||||
| Royalties net sales percentage | 2.40% | 2.40% | |||||||
| Licensed Film [Member] | Maximum [Member] | |||||||||
| Commitments and Contingent Liabilities (Textual) | |||||||||
| Royalties net sales percentage | 3.00% | 3.00% | |||||||
| Tel Aviv University [Member] | Minimum [Member] | |||||||||
| Commitments and Contingent Liabilities (Textual) | |||||||||
| Royalties net sales percentage | 3.40% | 3.40% | |||||||
| Tel Aviv University [Member] | Maximum [Member] | |||||||||
| Commitments and Contingent Liabilities (Textual) | |||||||||
| Royalties net sales percentage | 3.90% | 3.90% | |||||||
| Israeli Ministry Of National Infrastructures [Member] | |||||||||
| Commitments and Contingent Liabilities (Textual) | |||||||||
| Company received amount | $ 0 | 0 | $ 0 | $ 13,483 | |||||
| Research and development agreement expense | 163,000 | ₪ 625,000 | |||||||
| Accrued royalties | $ 281 | 116 | $ 116 | ||||||
| Payment of royalties authority rate | 5 | 5 | 5 | ||||||
| Xaarjet Limited [Member] | |||||||||
| Commitments and Contingent Liabilities (Textual) | |||||||||
| Other commitments, description |
Once the first ink (Silver Nano-Particle Ink) is certified by Xaar, the Company will be required to pay Xaar a fee for all certified inks sold for use with Xaar print heads as follows: 2% of the certified ink price until the cumulative value of the fees received by Xaar exceeds £50,000 ($61 thousand at December 31, 2016), and thereafter, 1% of the certified ink price. Once the cumulative value of the fees received by Xaar with respect to all products exceeds £1,000,000 ($1,229 thousand at December 31, 2016), the Company and Xaar have agreed to review the percentage payable in the light of the prevailing business conditions.
|
Once the first ink (Silver Nano-Particle Ink) is certified by Xaar, the Company will be required to pay Xaar a fee for all certified inks sold for use with Xaar print heads as follows: 2% of the certified ink price until the cumulative value of the fees received by Xaar exceeds £50,000 ($61 thousand at December 31, 2016), and thereafter, 1% of the certified ink price. Once the cumulative value of the fees received by Xaar with respect to all products exceeds £1,000,000 ($1,229 thousand at December 31, 2016), the Company and Xaar have agreed to review the percentage payable in the light of the prevailing business conditions.
|
Once the first ink (Silver Nano-Particle Ink) is certified by Xaar, the Company will be required to pay Xaar a fee for all certified inks sold for use with Xaar print heads as follows: 2% of the certified ink price until the cumulative value of the fees received by Xaar exceeds £50,000 ($61 thousand at December 31, 2016), and thereafter, 1% of the certified ink price. Once the cumulative value of the fees received by Xaar with respect to all products exceeds £1,000,000 ($1,229 thousand at December 31, 2016), the Company and Xaar have agreed to review the percentage payable in the light of the prevailing business conditions.
|
||||||
| License Agreement [Member] | |||||||||
| Commitments and Contingent Liabilities (Textual) | |||||||||
| License agreement aggregate amount | $ 382,000 | ₪ 1,467,683 | |||||||
| Research and development | $ 280,000 | ₪ 1,077,000 | |||||||
| Warrants to purchase of ordinary shares | shares | 117,209 | 117,209 | |||||||
| Exercise price | ₪ / shares | ₪ 0.01 | $ 0.01 | |||||||
| Subsidiary received | $ 1,009,506 | ||||||||
| Total contingent liability | 1,354,412 | ||||||||
| Research And Development Agreement [Member] | |||||||||
| Commitments and Contingent Liabilities (Textual) | |||||||||
| Total contingent liability | 178,559 | ||||||||
| Convertible Bridge Financing Agreement [Member] | |||||||||
| Commitments and Contingent Liabilities (Textual) | |||||||||
| Accrued royalties | 3,577 | $ 4,336 | $ 4,336 | ||||||
| Convertible bridge financing agreement amount | $ 2,081,000 | ₪ 8,000,000 | |||||||
| Royalties net sales percentage | 2.00% | 2.00% | |||||||
| Know-How License Agreement [Member] | |||||||||
| Commitments and Contingent Liabilities (Textual) | |||||||||
| Payments of royalties | $ 26 | € 25 | |||||||