SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2015

Accounting Policies [Abstract]

Estimated Useful Lives of Property and Equipment

Depreciation is calculated based on the straight-line method over the estimated useful lives of the assets, as follows:

	%
Research equipment and software	25-33%
Leasehold improvements	10
Furniture and office equipment	7