Related Parties

9 Months Ended

Sep. 30, 2015

Related Parties [Abstract]

RELATED PARTIES

NOTE 9 - RELATED PARTIES:

Transactions	Nine months ended September 30,
	2015		2014
	U.S. Dollars (in thousands)
Stock-based compensation	$	761	$	718
Management fees (1), salaries (2), and bonuses (3)		1,131		763
	$	1,892	$	1,481

Balances	September 30		December 31,
	2015		2014
	U.S. Dollars (in thousands)
Accrued fees and bonuses	$	11	$	103

(1) Management fees of 190 thousand for the nine month period ended September 30, 2015 and 2014, were paid to the Company’s CEO.

(2) Salaries were paid to the Company’s CEO and Media Manager in the amounts of $106 thousand and $59 thousand, respectively, for the nine month period ended September 30, 2015. Salaries were paid to the Company’s CEO and Media Manager in the amounts of $95 thousand and $54 thousand, respectively, for the nine month period ended September 30, 2014. Fees of $228 thousand and $140 thousand were paid to the Company’s directors, for the nine month periods ended September 30, 2015 and 2014, respectively.

(3) Bonuses were paid to Company’s CEO in the amount of $249 thousand and $179 thousand for the nine month periods ended September 30, 2015 and 2014, respectively, equal to 1.25% of total net deposits; bonuses were paid to the Company’s Media Manager in the amount of $299 thousand and $105 thousand for the nine month periods ended September 30, 2015 and 2014, respectively, equal to $0.01 for each first-time deposit.