XML 122 R112.htm IDEA: XBRL DOCUMENT v3.21.4
Share-Based Payment (Details) - Schedule of weighted average assumptions applied to options - $ / shares
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2018
Share-Based Payment (Details) - Schedule of weighted average assumptions applied to options [Line Items]    
Risk-free interest rate [1] 3.55%
Expected dividend yield [2] 0.00% 0.00%
Volatility [3] 51.70%
Exercise multiple (in Dollars per share) [4] $ 2.2
Life of options [5] 10 years 10 years
Fair value of underlying ordinary shares (in Dollars per share) [6] $ 3.22
Minimum [Member]    
Share-Based Payment (Details) - Schedule of weighted average assumptions applied to options [Line Items]    
Risk-free interest rate [1] 1.54%
Expected dividend yield [2]
Volatility [3] 50.20%
Exercise multiple (in Dollars per share) [4] $ 2.2
Fair value of underlying ordinary shares (in Dollars per share) [6] $ 6.1
Maximum [Member]    
Share-Based Payment (Details) - Schedule of weighted average assumptions applied to options [Line Items]    
Risk-free interest rate [1] 1.61%
Expected dividend yield [2]
Volatility [3] 51.80%
Exercise multiple (in Dollars per share) [4] $ 2.8
Fair value of underlying ordinary shares (in Dollars per share) [6] $ 8.21
[1] Risk-free interest rate Risk-free interest rate was estimated based on the market yield of US Government Bond with maturity close to the expected term of the options, plus country risk spread.
[2] Expected dividend yield The dividend yield was estimated by the Company based on its expected dividend policy over the expected term of the options.
[3] Volatility The volatility of the underlying ordinary shares during the lives of the options was estimated based on the historical stock price volatility of comparable listed companies over a period comparable to the expected term of the options.
[4] Exercise multiple Exercise multiple represents the value of the underlying share as a multiple of exercise price of the option which, if achieved, results in exercise of the option.
[5] Life of options Life of options was extracted from option agreements.
[6] Fair value of underlying ordinary shares The estimated fair value of the ordinary shares underlying the options as of the respective grant dates was determined based on a valuation with the assistance of a third party appraiser.