XML 35 R25.htm IDEA: XBRL DOCUMENT v3.8.0.1
WARRANTS TO PURCHASE ORDINARY SHARES (Details)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
May 25, 2017
shares
Apr. 30, 2017
₪ / shares
shares
Aug. 31, 2016
₪ / shares
shares
Mar. 31, 2018
USD ($)
Mar. 31, 2017
USD ($)
Dec. 31, 2017
₪ / shares
Mar. 31, 2018
₪ / shares
Mar. 31, 2018
USD ($)
$ / shares
Dec. 31, 2017
USD ($)
$ / shares
Apr. 30, 2017
$ / shares
Aug. 31, 2016
$ / shares
Assumptions used in determination of fair value                      
Ordinary share, nominal value (in dollars per share) | ₪ / shares           ₪ 0.01 ₪ 0.01        
Financial expense as a result of increase in warrants' fair value       $ 4,201 $ 12,715            
Fair value of the warrants               $ 15,544 $ 11,343    
Warrant to purchase Ordinary Shares                      
Assumptions used in determination of fair value                      
Exercise of warrants into Ordinary Shares (in shares) | shares 1,351,766 2,515,775 6,554,016                
Ordinary share, nominal value (in dollars per share) | ₪ / shares   ₪ 0.01 ₪ 0.01                
Exercise price of warrants (in dollars per share) | $ / shares                   $ 6.785 $ 3.5995
Financial expense as a result of increase in warrants' fair value       $ 4,201              
Fair value of the warrants               $ 15,544      
Warrants issued on August 2016: | Monte Carlo Option Pricing Model                      
Assumptions used in determination of fair value                      
Risk-free interest rate (as a percent)       2.48%   2.12%          
Expected volatility (as a percent)       76.40%   76.30%          
Expected life (in years)       3 years 4 months 2 days   3 years 7 months 2 days          
Expected dividend yield (as a percent)       0.00%   0.00%          
Fair value per warrant (in dollars) | $ / shares               $ 2.13 $ 1.60    
Warrants issued on April 2017: | Monte Carlo Option Pricing Model                      
Assumptions used in determination of fair value                      
Risk-free interest rate (as a percent)       2.48%   2.12%          
Expected volatility (as a percent)       76.40%   76.30%          
Expected life (in years)       4 years 26 days   4 years 3 months 26 days          
Expected dividend yield (as a percent)       0.00%   0.00%          
Fair value per warrant (in dollars) | $ / shares               $ 1.77 $ 1.20