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Share-Based Payment (Tables)
12 Months Ended
Dec. 31, 2021
Disclosure of share-based payment arrangements [text block] [Abstract]  
Schedule of number of share options and their related weighted average exercise prices
   Year ended December 31, 
   2021   2020   2019 
   Number of
options
   Weighted
average
exercise
price
(USD)
   Number of
options
   Weighted
average
exercise
price
   Number of
options
   Weighted
average
exercise
price
 
                         
Outstanding at beginning of year   16,200,000    0.07    6,200,000    0.15    6,200,000    0.15 
Granted   
-
    
-
    20,000,000    0.03    
-
    
-
 
Exercised   
-
    
-
    
-
    
-
    
-
    
-
 
Expired   (3,433,331)   0.16    
-
    
-
    
-
    
-
 
Forfeited   (366,669)   0.08    (10,000,000)   0.03    
-
    
-
 
                               
Outstanding at end of year   12,400,000    0.05    16,200,000    0.07    6,200,000    0.15 
                               
Exercisable at end of year   7,399,998    0.07    7,699,997    0.13    5,949,998    0.16 

 

Schedule of exercise price and the remaining contractual life (in years)
December 31,
2021  2020 
Options
outstanding at end
of year
 

Range of
exercise prices
(USD)

   Weighted
average
remaining
contractual life
   Options
outstanding at
end of year
  

Range of
exercise prices
(USD)

  Weighted
average
remaining
contractual life
 
                    
10,900,000   0.03 - 0.14    7.94    12,150,000   0 - 0.14   8.65 
1,500,000   0.17    3.66    4,050,000   0.15 -1.6   4.12 
                        
12,400,000             16,200,000         

 

December 31, 
2019 
Options outstanding at end of year  

Range of

exercise prices (USD)

   Weighted average remaining contractual life 
          
 2,150,000    0 - 0.14    6.24 
 4,050,000    0.15 -1.6    5.12 
             
 6,200,000           

 

Schedule of outstanding options
Options
 outstanding
   Position 

Grant

date (*)

  Exercise price in NIS  

Fair value

USD in thousands

   Vesting schedule
                   
 600,000   Four Directors  December 30,
2014
   0.4325    46   33.33% of the stock options vest following the lapse of 12 months from the grant date, and the remaining 66.67% vest in 8 equal portions each quarter over a period of 2 years from the first
 300,000   Two Directors  March 25,
2015
   0.40    24   33.33% of the stock options vest following the lapse of 12 months from the grant date, and the remaining 66.67% vest in 8 equal portions each quarter over a period of 2 years from the first
 1,500,000   Chairman of Board  March 31,
2016
   0.6    63   12 equal portions each quarter over a period of 3 years from the date of grant
 10,000,000   Chief Executive Officer (new)  July 7, 2020   0.09    103   12 equal portions each quarter over a period of 3 years from the grant date
                      
 12,400,000                    

 

(*)  Date of the Company’s Board of Directors’ decision (or shareholders, if required).

 

(**)  As of December 31, 2021, the unrecognized compensation cost related to all unvested options of approximately $15 thousands is expected to be recognized as an expense over a weighted-average recognition period of approximately 1.5 years.

 

Schedule of detailed information about the fair value for options granted
   2020 
     
Dividend yield   0%
Expected volatility   74.2%
Risk-free interest   0.67%
Expected life (years)   10