Further Detail of Profit or Loss

12 Months Ended

Dec. 31, 2019

Further Detail of Profit or Loss [Abstract]

Further detail of profit or loss

Note 14 – Further detail of profit or loss

	For the year ended December 31
	2017			2018			2019
	Thousands USD			Thousands USD			Thousands USD
A. Research and development expenses, net
Payroll		7,419			4,890			4,834
Materials		1,844			1,065			1,001
Subcontractors		151			70			82
Patent registration		57			70			144
Depreciation		442			880			1,534
Rental fees and maintenance		824			908			197
Other		244			782			339
		10,981			8,665			8,131
Less – government grants		(162	)		(42	)		(49	)
		10,819			8,623			8,082
B. Sales and marketing expenses
Payroll		1,497			2,226			2,873
Marketing, advertising and commissions		383			1,381			1,808
Rental fees and maintenance		59			64			114
Travel abroad		234			201			317
Depreciation		10			186			212
Other		-			201			145
		2,183			4,259			5,469
C. General and administrative expenses
Payroll		762			996			1,000
Fees		68			32			22
Professional services		1,460			1,114			1,358
Directors pay		493			306			214
Office expenses		282			311			359
Travel abroad		86			45			37
Depreciation		-			-			78
Rental fees and maintenance		84			91			43
Other		128			107			159
		3,363			3,002			3,270
D. Finance income
Revaluation of liability in respect of government grants		102			-			58
Revaluation of financial liabilities at fair value through profit or loss (**)		-			-			8,707
Bank interest and fees		-			54			-
		102			54			8,765
Finance expense
Exchange rate differences		889			127			151
Bank fees		28			-			14
Finance expense in respect of lease liability (*)		-			-			425
Fundraising expenses		-			-			1,693
Revaluation of liability in respect of government grants		-			265			-
		917			392			2,283

(*)	See Note 2.C regarding initial application of IFRS 16.
(**)	See Note 11.B regarding financing transactions resulted in issuance of financial instruments.