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

General, Administrative and Marketing Expenses

v3.19.1
General, Administrative and Marketing Expenses
 12 Months Ended
Dec. 31, 2018
General, Administrative and Marketing Expenses [abstract]  
GENERAL, ADMINISTRATIVE AND MARKETING EXPENSES

NOTE 17—GENERAL, ADMINISTRATIVE AND MARKETING EXPENSES

 

    Year ended
December 31		  
    2016     2017     2018  
    NIS in thousands  
Payroll and related expenses     2,822       2,926       4,142  
Share-based payments (1)     1,445       2,243       3,514  
Directors’ salary and insurance     787       411       604  
Rent and office maintenance     364       321       321  
Professional services     5,039       1,827       3,085  
Depreciation     38       47       81  
Other     553       528       733  
      11,048       8,303       12,480  

 

(1) Share-based payments expenses for the year ended December 31, 2017 and 2018, include amount of NIS 1.5 million and NIS 494,000, respectively, due to fair value estimate of services received from Alpha.