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INCOME TAX (Tables)
6 Months Ended
Jun. 30, 2020
Income Tax Tables Abstract  
Schedule of Deferred Income Taxes
As the Company has not yet generated revenues, it is more likely than not that sufficient taxable income will not be available for the tax losses to be utilized in the future. Therefore, a valuation allowance was recorded to reduce the deferred tax assets to its recoverable amounts.

 
 
As of
June 30, 2020
   
As of
December 31,
2019
 
 
           
Deferred tax assets:
           
Deferred taxes due to carryforward losses
   
2,886
     
2,879
 
 
               
Valuation allowance
   
(2,886
)
   
(2,879
)
 
               
Net deferred tax asset
   
-
     
-
Schedule of Net Operating Loss Carryfowards
Net operating loss carry-forwards as of June 30, 2020 and December 31, 2019 are as follows:

 
 
As of
June 30, 2020
   
As of
December 31,
2019
 
Israel                                                   
   
4,935
     
4,887
 
United States (*)
   
8,336
     
8,358
 
 
               
 
   
13,271
     
13,245
 
 
(*) Utilization of U.S. net operating losses may be subject to substantial annual limitation due to the “change in ownership” provisions of the Internal Revenue Code of 1986, as amended, and similar state provisions. The annual limitation may result in the expiration of net operating losses before utilization.