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INCOME TAX (Tables)
9 Months Ended
Sep. 30, 2020
Income Tax Tables Abstract  
Schedule of Deferred Income Taxes

 
 
As of
September 30, 2020
   
As of
December 31,
2019
 
 
           
Deferred tax assets:
           
Deferred taxes due to carryforward losses
   
2,892
     
2,879
 
 
               
Valuation allowance
   
(2,892
)
   
(2,879
)
 
               
Net deferred tax asset
   
-
     
-
 
Schedule of Net Operating Loss Carryfowards
Net operating loss carry-forwards as of September 30, 2020 and December 31, 2019 are as follows:

 
 
As of
September 30, 2020
   
As of
December 31,
2019
 
Israel                                                   
   
4,917
     
4,887
 
United States (*)
   
8,384
     
8,358
 
 
               
 
   
13,301
     
13,245
 
 
Net operating losses in Israel may be carried forward indefinitely. Net operating losses in the U.S. are available through 2027.

(*) 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.