Share Capital (Tables)

12 Months Ended

Dec. 31, 2018

Equity [Abstract]

Summary of Stock Option Activity

A summary of the Company’s option activity related to options to employees and directors, and related information is as follows:

	For the year ended December 31, 2018
	Number of Stock Options			Weighted Average Exercise Price		Aggregate Intrinsic Value
Outstanding at beginning of period		414,965		$	11.70	$	1,859
Granted		10,000			9		-
Exercised		(2,487	)		-		-
Cancelled		(24,170	)		-		-
Outstanding at end of period		398,308		$	11.50	$	108
Vested at end of period		245,010		$	8.45	$	108

	For the year ended December 31, 2017(*)
	Number of Stock Options			Weighted Average Exercise Price		Aggregate Intrinsic Value
Outstanding at beginning of period		174,328		$	1.95	$	3,739
Granted		272,090			16.50		-
Exercised		(31,453	)		-		-
Cancelled		-			-		-
Outstanding at end of period		414,965		$	11.70	$	1,859
Vested at end of period		142,875		$	1.95	$	1,375

 (*) December 31, 2018 and 2017 option data represents the number of shares adjusted to retroactively reflect the 1:15 Reverse Split effected on September 4, 2018. Refer to Note 1 for further information.

Schedule of Stock Options Outstanding

The stock options outstanding as of December 31, 2018 and December 31, 2017, separated by exercise prices, are as follows:

Exercise price $		Stock options outstanding as of December 31, 2018		Stock options outstanding as of December 31, 2017(**)		Weighted average remaining contractual life – years as of December 31, 2018		Weighted average remaining contractual life – years as of December 31, 2017(**)		Stock options exercisable as of December 31, 2018		Stock options exercisable as of December 31, 2017(**)
	4.20		77,846		77,846		7.00		8.00		77,846		77,846
	15.75		133,546		133,546		8.75		9.75		53,752		-
	9.00		10,000		-		9.75		-		-		-
	19.35		72,508		72,508		8.75		9.75		29,003		-
	15.30		41,866		66,036		9.00		10.00		21,867		-
	(*)		62,542		65,029		7.75		8.75		62,542		65,029
			398,308		414,965		7.29		9.30		245,010		142,875

(*) Less than $0.01.

(**) December 31, 2018 and 2017 options data represents the number of shares adjusted to retroactively reflect the 1:15 Reverse Split effected on September 4, 2018. Refer to Note 1 for further information.

Schedule of Stock Options Valuation Assumptions

The fair value of the stock options is estimated at the date of grant using Black-Scholes options pricing model with the following weighted-average assumptions:

	Year ended December 31, 2018			Year ended December 31, 2017
Expected volatility		99.4	%		122.5	%
Risk-free interest		2.39	%		1.64	%
Dividend yield		0	%		0	%
Expected life of up to (years)		5.24			6.25