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

Research and Development Expenses, Net

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Research and Development Expenses, Net
12 Months Ended
Dec. 31, 2017
Research and Development Expenses, Net [Abstract]  
RESEARCH AND DEVELOPMENT EXPENSES, NET

NOTE 15—RESEARCH AND DEVELOPMENT EXPENSES, NET

 

    Year ended
December 31
 
    2015     2016     2017  
    NIS in thousands  
Payroll and related expenses     7,656       8,728       7,687  
Share-based payments     2,464       2,127       1,197  
Subcontractors and consultants     7,532       11,328       2,554  
Consumables and materials     1,035       1,806       698  
Depreciation and amortization     763       826       1,002  
Rent and maintenance     2,448       2,963       2,700  
Other     1,021       1,422       1,083  
      22,919       29,200       16,921  
Less:                        
Participation in R&D expenses, See Note 13B     (6,428 )     (9,257 )     (573 )
IIA participation in R&D expenses, See Note 13(A)(2)     (4,627 )     (3,154 )     (2,282 )
      (11,055 )     (12,411 )     (2,855 )
      11,864       16,789       14,066