SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2018

Schedule of Property and Equipment, Depreciation Rates

Depreciation is calculated on a straight-line basis over the useful life of the assets at annual rates as follows:

	%

Computers and peripheral equipment	33
Office furniture and equipment	3 - 20 (mainly 7)
Leasehold improvements	Over the shorter of the lease term or useful economic life

Schedule of Assumptions Used for Stock Options

The Company estimates the fair value of stock options granted with the following weighted average assumptions for 2017 (there were no options grants in 2018):

	Year ended December 31,
Stock options	2017

Expected volatility (1)		87.7	%
Risk-free interest (2)		2.435	%
Dividend yield (3)		0	%
Expected life (years) (4)		6.25

(1)

The computation of expected volatility is based on realized historical share price volatility of the Company's stock.

(2)

The risk-free interest rate is based on the yield from U.S. Treasury Bonds with an equivalent term;

(3)

The dividend yield assumption is based on the Company's historical experience and expectation of future dividend payouts. The Company has historically not paid dividends and has no foreseeable plans to pay cash dividends in the future.

(4)

Expected term of options granted represents the period of time that options granted are expected to be outstanding, and is estimated based on the Company's history.