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Related Parties (Tables)
9 Months Ended
Sep. 30, 2015
Related Parties [Abstract]  
Schedule of related party transactions

 

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 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 and $59, 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 and $54, respectively, for the nine month period ended September 30, 2014. Fees of $228 and $140 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 and $179 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 and $105 for the nine month periods ended September 30, 2015 and 2014, respectively, equal to $0.01 for each first-time deposit.