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Shareholders' Equity (Tables)
12 Months Ended
Dec. 31, 2019
Share-based Payment Arrangement [Abstract]  
Schedule of employee share options activity
   Number  

Average

exercise

price

  

Average

remaining

contractual

life (years)

  

Aggregate

intrinsic

value (in

thousands)

 
Options outstanding at the beginning of the year   72,655   $47.7    6.37   $114 
Granted   12,425    5.37         
Exercised                
Forfeited   (10,367)   40.92         
                     
Options outstanding at the end of the year   74,713   $41.6    6.34   $135 
                     
Options exercisable at the end of the year   44,627   $55.86    4.80   $ 
Schedule of employee RSUs activity
  

Number of

shares underlying

outstanding

RSUs

  

Weighted-

average

grant date

fair value

 
Unvested RSUs at the beginning of the year   26,093    48.78 
Granted   88,436    4.67 
Vested   (40,793)   5.78 
Forfeited   (11,358)   17.19 
           
Unvested RSUs at the end of the year   62,378    44.61 
Schedule of options and RSUs outstanding

Range of exercise price  Options and RSUs Outstanding as of December 31,
2019
  

Weighted

average

remaining

contractual

life (years) (1)

   Options Exercisable as of December 31,
2019
  

Weighted

average

remaining

contractual

life (years) (1)

 
RSUs only   62,378             
$5.37   12,425    9.24         
$20.42- $33.75   36,851    6.25    21,968    4.85 
$37.14-$38.75   10,194    3.99    10,194    3.99 
$50-$52.5   11,395    5.69    8,621    5.13 
$182.5-$524.25   3,848    5.90    3,844    5.90 
    137,091    6.34    44,627    4.80 

 

(1)Calculation of weighted average remaining contractual term does not include the RSUs that were granted, which have an indefinite contractual term.
Schedule of warrants outstanding and exercisable
Issuance date  Warrants
outstanding
   Exercise price per warrant   Warrants
outstanding
and exercisable
   Contractual
term
   (number)       (number)    
December 31, 2015 (1)   4,771   $7.500    4,771   See footnote (1)
November 1, 2016 (2)   97,496   $118.750    97,496   November 1, 2021
December 28, 2016 (3)   1,908   $7.500    1,908   See footnote (1)
November 20, 2018 (4)   126,839   $7.500    126,839   November 20, 2023
November 20, 2018 (5)   106,680   $9.375    106,680   November 15, 2023
February 25, 2019 (6)   45,600   $7.187    45,600   February 21, 2024
April 5, 2019 (7)   408,457   $5.140    408,457   October 7, 2024
April 5, 2019 (8)   49,015   $6.503    49,015   April 3, 2024
June 5, 2019 and June 6, 2019 (9)   1,464,665   $7.500    1,464,665   June 5, 2024
June 5, 2019 (10)   87,880   $9.375    87,880   June 5, 2024
June 12, 2019 (11)   416,667   $6.000    416,667   December 12, 2024
June 10, 2019 (12)   50,000   $7.500    50,000   June 10, 2024
    2,859,978         2,859,978    

 

(1) Represents warrants for ordinary shares issuable upon an exercise price of $7.5 per share, which were granted on December 31, 2015 to Kreos Capital V (Expert) Fund Limited, or Kreos, in connection with a loan made by Kreos to us and are currently exercisable (in whole or in part) until the earlier of (i) December 30, 2025 or (ii) immediately prior to the consummation of a merger, consolidation, or reorganization of us with or into, or the sale or license of all or substantially all the assets or shares of us to, any other entity or person, other than a wholly-owned subsidiary of us, excluding any transaction in which our shareholders prior to the transaction will hold more than 50% of the voting and economic rights of the surviving entity after the transaction. None of these warrants had been exercised as of September 30, 2019.

 

(2) Represents warrants issued as part of our follow-on offering in November 2016. At any time, the board of directors may reduce the exercise price of the warrants to any amount and for any period of time it deems appropriate.

 

(3) Represents common warrants that were issued as part of the $8.0 million drawdown under the Loan Agreement which occurred on December 28, 2016. See footnote 1 for exercisability terms.

 

(4) Represents common warrants that were issued as part of our follow-on offering in November 2018. As of September 30, 2019, warrants to purchase an aggregate 1,651,537 ordinary shares had been exercised.

 

(5) Represents common warrants that were issued to the underwriters as compensation for their role in our follow-on offering in November 2018.

 

(6) Represents warrants that were issued to the exclusive placement agent as compensation for its role in our follow-on offering in February 2019.

 

(7) Represents warrants that were issued to certain institutional purchasers in a private placement in our registered direct offering of ordinary shares in April 2019.

 

(8) Represents warrants that were issued to the placement agent as compensation for its role in our April 2019 registered direct offering.

 

(9) Represents warrants that were issued to certain institutional investors in a warrant exercise agreement on June 5, 2019 and June 6, 2019, respectively.

 

(10) Represents warrants that were issued to the placement agent as compensation for its role in our June 2019 warrant exercise agreement and concurrent private placement of warrants.

 

(11) Represents warrants that were issued to certain institutional investors in a warrant exercise agreement in June 2019.

 

(12) Represents warrants that were issued to the placement agent as compensation for its role in our June 2019 registered direct offering and concurrent private placement of warrants.
Schedule of non-cash share-based compensation expense
   Year Ended December 31, 
   2019   2018   2017 
Cost of revenues  $13   $16   $62 
Research and development, net   204    435    508 
Sales and marketing, net   166    467    963 
General and administrative   725    1,848    2,121 
                
Total  $1,108   $2,766   $3,654