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Share-based Payment Arrangements (Tables)
12 Months Ended
Dec. 31, 2021
Disclosure of share-based payment arrangements [text block] [Abstract]  
Summary of number and weighted average exercise prices (in USD) of share options
   Weighted average exercise price   Number of options 
   2021   2020   2019   2021   2020   2019 
Outstanding on January 1   1.02    1.71    2.6    6,994,377    4,754,676    1,131,781 
Expired and forfeited during the year   1.52    0.23    -    (413,074)   (1,486,125)   - 
Granted during the year   0.47    0.43    1.32    1,170,000    3,725,826    3,622,895 
Outstanding on December 31   0.97    1.02    1.71    7,751,303    6,994,377    4,754,676 
Exercisable on December 31   1.48    1.54    3.21    4,451,430    1,753,632    1,093,029 

 

Summary of number of RSUs
   Number of RSUs 
   2021   2020 
Outstanding at January 1   3,390,000    11,509 
Granted during the year   1,020,000    3,601,972 
Forfeited during the year   166,250    157,500 
Vested during the year   1,633,750    65,981 
Outstanding at December 31   2,610,000    3,390,000 

 

Summary of options to service providers were measured at the fair value of the service
    2021    2020    2019 
Share Price - USD   0.380 - 0.517    0.32-0.898    0.746-1.22 
Exercise price - USD   0.470-0.492    0.346-0.432    0.792-6 
Expected volatility (%)   95.07-96.1    95.68-107    99.22-113.78 
Expected duration (years)   2-5    4-7    4.61-7 
Dividend yield (%)   -    -    - 
Risk free rate interest rate (%)   0.87%-1.166%    0.298%-0.5%   1.63%-1.95%

 

Summary of share based expenses recognized
  

For the year ended

December 31

 
   2021   2020   2019 
   USD thousands 
Research and development expenses   557    756    238 
General and administrative expenses   1,525    1,889    1,035 
                
Total share-based expense recognized   2,082    2,645    1,273