SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Jun. 30, 2019

SIGNIFICANT ACCOUNTING POLICIES [Abstract]

Carrying Amounts of Right-of-Use Assets and Lease Liabilities

Set out below, are the carrying amounts of the Company’s right-of-use assets and lease liabilities and the movements during the period:

	Right-of-use assets
	Offices and labs			Vechicles			Production Plant			Total			Lease liabilities
As of January 1, 2019 (audited)	$	2,104		$	291		$	4,711		$	7,106		$	7,032
Depreciation expenses		(588	)		(67	)		(438	)		(1,093	)		-
Interest expenses		-			-			-			-			211
Re-measurement		-			2			56			58			58
Additions		-			86			-			86			86
Payments		-			-			-			-			(815	)
As of June 30, 2019 (unaudited)		1,516			312			4,329			6,157			6,572

Reconciliation of Operating Lease Commitments

The lease liabilities as of January 1, 2019 reconcilliation to the operating lease commitments as of December 31, 2018 are as follows:

Operating lease commitments as of December 31, 2018	$	7,441
Weighted average incremental borrowing rate as of January 1, 2019 (%)		1.45-4.01
Discounted operating lease commitments of January 1, 2019		7,032
Lease liabilities as of January 1, 2019	$	7,032