Commitments and Contingent Liabilities (Details) - ILS (₪) |
1 Months Ended | 12 Months Ended | ||||||
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Sep. 06, 2017 |
Jul. 28, 2016 |
Apr. 30, 2007 |
Dec. 31, 2017 |
Dec. 31, 2016 |
Jun. 09, 2016 |
Feb. 02, 2016 |
Jul. 01, 2015 |
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Commitments and Contingent Liabilities (Textual) | ||||||||
Operating lease term | August 18, 2018 | |||||||
Monthly rent | ₪ 30,000 | ₪ 54,000 | ||||||
Restricted deposit | ₪ 503,000 | |||||||
Operating lease agreements description | The lease is for three years with an option to extend for four additional years, in return for a monthly payment of NIS 30 thousand. | The Company signed an agreement with a third party for lease of land in Yessod Hamaala. The lease term ended on April 30, 2017. On July 4, 2017, the Company signed a new agreement for four years with an option for extension of another 6 years. The lease term began on May 1, 2017. The annual rent amount is NIS 120 thousand. | ||||||
Acquired equipment and clean rooms | ₪ 1,849,000 | |||||||
Shares issued | 166,816,328 | 107,128,864 | ||||||
Repaid cash over the term | ₪ 525,000 | |||||||
Description on royalty | Under the terms of Company's funding from the Israeli Government, royalties of 3%-3.5% are payable on sales of products developed from projects so funded up to 100% of the amount of the grant received by the Company (dollar linked) with the addition of an annual interest based on Libor. | |||||||
Royalty expense | ₪ 2,300,000 | |||||||
Royalties before additional libor interest | 31,700,000 | |||||||
Non-current government grants | 550,000 | |||||||
Royalties present value | 1,234,000 | |||||||
Long-term liabilities as a financial liability | ₪ 1,203,000 | |||||||
Total consideration amount | ₪ 1,197,000 | |||||||
Assuming funds payable percentage | 100.00% | |||||||
Ordinary Shares [Member] | ||||||||
Commitments and Contingent Liabilities (Textual) | ||||||||
Shares issued | 1,067,916 | 11,267,833 | 5,745,903 | 8,317,000 | ||||
Contigent liability [Member] | ||||||||
Commitments and Contingent Liabilities (Textual) | ||||||||
Tax pay | ₪ 1,500,000 |
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- References No definition available.
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- Definition The period of operating lease term end date. No definition available.
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- Definition Assuming percentage of the funds are payable. No definition available.
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- Definition The amount of restricted deposit. No definition available.
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- Definition The amount represent payable before additional Libor interest. No definition available.
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- Definition The amount of present value expense arising from royalties. No definition available.
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- Definition The fair value, at acquisition date, of cash transferred as consideration in a business combination. [Refer: Business combinations [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of consideration paid or received in respect of both obtaining and losing control of subsidiaries or other businesses. [Refer: Subsidiaries [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The description of the arrangements involving the legal form of a lease. [Refer: Arrangements involving legal form of lease [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The general description of the lessee's significant leasing arrangements for operating leases including, but not limited to: (a) the basis on which contingent rent payable is determined; (b) the existence and terms of renewal or purchase options and escalation clauses; and (c) restrictions imposed by lease arrangements, such as those concerning dividends, additional debt and further leasing. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate amount included in the determination of profit (loss) for the period in respect of current tax and deferred tax that relate to continuing operations. [Refer: Continuing operations [member]; Current tax expense (income); Deferred tax expense (income)] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The portion of operating lease payments that the lessee is or can be required to make, excluding contingent rent, costs for services and taxes to be paid by, and reimbursed to, the lessor, together with any amounts guaranteed by the lessee or by a party related to the lessee recognised as an expense. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of non-current government grants recognised on the statement of financial position as deferred income. [Refer: Government [member]; Deferred income; Government grants] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The number of shares issued by the entity. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The amount of liabilities that the entity does not separately disclose in the same statement or note. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The fair value, at acquisition date, of other tangible or intangible assets (including a business or subsidiary of the acquirer) transferred as consideration in a business combination, that the entity does not separately disclose in the same note. [Refer: Intangible assets other than goodwill; Business combinations [member]; Subsidiaries [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of expense arising from royalties. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Details
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- Details
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