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

Share-Based Payment Transactions (Tables)

v3.20.1
Share-Based Payment Transactions (Tables)
12 Months Ended
Dec. 31, 2019
Share-based Payment Transactions  
Schedule of expenses

   

Year ended

December 31,

 
    2019     2018     2017  
    USD  
                   
Research and development expenses   $ 138     $ 123     $ 139  
General and administrative expenses     132       130       53  
                         
    $ 270     $ 253     $ 192  
Summary of estimated using the binomial option pricing model

Description   January
2019
    March
2019
    November
2019
 
                   
Risk-free interest rate     2.40 %     2.17 %     1.19 %
Expected volatility     75.86 %     65.63 %     72.01 %
Dividend yield     0       0       0  
Contractual life     10       9.83       10  
Early Exercise Multiple (Suboptimal Factor)     2.5       2.5       3  
Exercise price (NIS)     2.344       2.344       0.28  
Summary of weighted average exercise prices and modification in option plans of employees, directors and consultants

    Shares subject to options outstanding  
    2019     2018     2017  
    Number     Weighted average exercise price     Number     Weighted average exercise price     Number     Weighted average exercise price  
          USD           USD           USD  
Outstanding at beginning of year     1,437,400       1.20       1,490,423       1.35       737,028       2.63  
Grants     1,240,000       0.44       -       -       970,000       0.75  
Forfeited/expired     (4,000 )     5.98       (53,023 )     7.53       (216,605 )     4.26  
                                                 
Outstanding at end of year     2,673,400       0.89       1,437,400       1.20       1,490,423       1.35  
                                                 
Exercisable at end of year     1,134,653       1.39       736,155       2.41       451,266       2.41