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Long-term Loan
9 Months Ended
Sep. 30, 2017
Debt Disclosure [Abstract]  
Long-term Loan

NOTE 4 - LONG-TERM LOAN:

 

During the three months ended March 31, 2017, the Company paid the remaining interest and principal balances under the Company’s Loan and Security Agreement, dated as of October 23, 2013, in consideration of $2,684,000. All liens and other security interests granted by the Company and its subsidiaries in connection with the Loan and Security Agreement were terminated upon such payment.