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

General, Administrative and Marketing Expenses

v3.8.0.1
General, Administrative and Marketing Expenses
 12 Months Ended
Dec. 31, 2017
General, Administrative and Marketing Expenses [abstract]  
GENERAL, ADMINISTRATIVE AND MARKETING EXPENSES

NOTE 16—GENERAL, ADMINISTRATIVE AND MARKETING EXPENSES

 

    Year ended
December 31		  
    2015     2016     2017  
    NIS in thousands  
Payroll and related expenses     1,418       2,822       2,926  
Share-based payments (1)     1,617       1,445       2,243  
Directors’ salary and insurance     740       787       411  
Rent and office maintenance     407       364       321  
Professional services     2,248       5,039       1,827  
Depreciation     25       38       47  
Other     495       553       528  
      6,950       11,048       8,303  

 

(1) Share-based payments expenses for the year ended December 31, 2017, include amount of NIS 1.5 million due to fair value estimate of services received through the Alpha Purchase Agreement.