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Consolidated Balance Sheet - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 525 $ 907
Other accounts receivable and prepaid expenses 58 65
Total current assets 583 972
TOTAL ASSETS 583 972
Current liabilities    
Accrued expenses and other payables 53 58
Total current liabilities 53 58
Long Term liabilities    
Derivative warrant liabilities 428
Commitments and Contingencies
Total long term liabilities 428
Total Liabilities 481 58
Shareholders' equity    
Common stock, $0.01 par value - Authorized: 51,000,000; issued and outstanding: 5,153,380 as of December 31, 2017 and 4,818,178 as of December 31, 2016 [1] 52 49
Additional paid in capital 1,457 1,129
Accumulated deficit (1,407) (264)
Total shareholders' equity 102 914 [2]
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 583 $ 972
[1] 2016 Share data is retroactively adjusted to reflect the reverse stock split and the reverse recapitalization consummated in August 2016.
[2] Share data as of December 31, 2016 is restated (Note 8)