SHAREHOLDERS' EQUITY (Tables)

12 Months Ended

Dec. 31, 2018

Stockholders' Equity Attributable to Parent [Abstract]

Schedule of Authorized, Issued and Outstanding Share Capital

Authorized, issued and outstanding share capital in historical terms is as follows:

	Authorized		Issued and outstanding
	December 31		December 31,
	2018 and 2017		2018		2017*)
	Number of shares
Ordinary shares of par value NIS 3.0 each		10,000,000		2,028,552	2,028,552
Ordinary shares of par value NIS 3.0 each  amount in US$				397,056	397,056

 *) Respectively adjusted to reflect reverse split of shares.

Schedule of Employee Option Activity

A summary of employee option activity under the Plan as of December 31, 2018 and changes during the year ended December 31, 2018 are as follows:

	Number of options		Weighted-average exercise price		Weighted- average remaining contractual life (in months)		Aggregate intrinsic value (in thousands)
Outstanding at January 1, 2018		-		-		-		-
Granted		60,857		4.17
Outstanding at December 31, 2018		60,857		4.17		114		-
Exercisable at December 31, 2018		-		-		-		-

Schedule of Options Outstanding

The options outstanding as of December 31, 2018 are follows:

Number of options outstanding as of December 31, 2018		Exercise price		Weighted average remaining contractual life		Number of options exercisable as of December 31, 2018
				(In months)
	60,857		4.17		114		-