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TAXES ON INCOME (Tables)
12 Months Ended
Dec. 31, 2015
TAXES ON INCOME  
Schedule of significant components of deferred tax assets

                                                                                                                                                                                    

 

 

December 31,

 

 

 

2015

 

2014

 

Deferred tax assets:

 

 

 

 

 

 

 

Net operating loss carryforwards

 

$

10,881

 

$

5,823

 

Research and development credits

 

 

6,088

 

 

2,639

 

Accrued social benefits and other

 

 

44

 

 

24

 

Issuance cost related to IPO

 

 

937

 

 

 

​  

​  

​  

​  

Deferred tax assets before valuation allowance

 

 

17,950

 

 

8,486

 

Valuation allowance

 

 

(17,950

)

 

(8,486

)

​  

​  

​  

​  

Net deferred tax asset

 

$

 

$

 

​  

​  

​  

​  

​  

​  

​  

​  

 

Schedule of loss (income) before taxes on income

                                                                                                                                                                                    

 

 

December 31,

 

 

 

2015

 

2014

 

Domestic

 

$

24,864

 

$

18,963

 

Foreign

 

 

(267

)

 

(168

)

​  

​  

​  

​  

 

 

$

24,597

 

$

18,795

 

​  

​  

​  

​  

​  

​  

​  

​  

 

Reconciliation of the total amounts of unrecognized tax benefits

                                                                                                                                                                                    

 

 

December 31,

 

 

 

2015

 

2014

 

Unrecognized tax benefits, beginning of year

 

$

208 

 

$

125 

 

Increase in unrecognized tax benefits for current year

 

 

50 

 

 

83 

 

​  

​  

​  

​  

 

 

$

258 

 

$

208 

 

​  

​  

​  

​  

​  

​  

​  

​