XML 47 R26.htm IDEA: XBRL DOCUMENT v3.8.0.1
SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2016
Accounting Policies [Abstract]  
Summary of estimated useful lives of assets
Depreciation is calculated using the straight-line method over the estimated useful lives of the assets, at the following annual rates:
 
 
 
%
 
 
 
 
 
Computers and peripheral equipment
 
 
33
 
Office furniture and equipment
 
 
7 – 15
 
Schedule of fair value for options granted, valuation assumptions
The fair value for options granted in 2016 and 2015 is estimated at the date of grant using a Black-Scholes-Merton options pricing model with the following underlying assumptions:
 
 
 
Year ended
December 31,
 
 
 
2016
 
 
2015
 
 
 
 
 
 
 
 
 
 
Risk free interest
 
 
1.21%-1.88%
 
 
 
1.44%-1.61%
 
Dividend yields
 
 
0%
 
 
 
0%
 
Volatility
 
 
61.3%-63.9%
 
 
 
65.3%-66.8%
 
Expected term (in years)
 
 
5.5-6.25
 
 
 
6