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LOAN
12 Months Ended
Dec. 31, 2016
LOAN  
LOAN

NOTE 6:—LOAN

        In February 20, 2013 (the "Closing Date"), Inc. signed a Loan and Security Agreement ("Agreement") with a commercial bank ("Bank") pursuant to which three-year $1,500 ("Loan") was provided at the Closing Date. The final payment of the Loan was repaid during May 2016.

        As part of the Agreement, the Company issued the Bank warrants to purchase 7,332 shares of Series D Preferred Shares at an exercise price of $6.14 per Preferred D Share. The warrant has an exercise period which is the earliest of ten years after the Closing Date, consummation of a qualified IPO as determined for such warrants or the automatic conversion of Convertible Preferred Shares into Ordinary Shares as defined in the Articles of Association. Such warrants were exercised on a cashless basis during the year ended December 31, 2015.