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Share Capital (Tables)
 9 Months Ended
Sep. 30, 2017
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 nine-month period ended September 30, 2017  
    Number of
stock options		     Weighted average
exercise price		     Aggregate
intrinsic value		  
Outstanding at beginning of period     2,614,916     $ 0.13     $ 3,739  
Granted     1,812,712       1.05          
Exercised     -       -          
Cancelled     -       -       -  
                         
Outstanding at end of period     4,427,628     $ 0.51     $ 2,922  
Options vested end of period     2,614,916     $ 0.13          

 

    For the twelve months ended December 31, 2016  
    Number of
stock options		     Weighted average
exercise price		    

Aggregate

intrinsic value

  
                   
Outstanding at beginning of period     1,167,693     $ 0.28          
Granted     1,447,223       (*)          
Exercised     -       -          
Cancelled     -       -       -  
                         
Outstanding at end of period     2,614,916     $ 0.13     $ 3,739  
Vested and expected-to-vest at end of period     2,614,916     $ 0.39     $ 3,739  

 

 

(*) Less than 1
Schedule of Stock Options Outstanding

  The stock options outstanding as of September 30, 2017, and December 31, 2016, have been separated into exercise prices, as follows:

 

Exercise price     Stock
options
outstanding
as of
September 30,		     Stock
options
outstanding
as of
December 31,		     Weighted
average
remaining
contractual
life – years
as of
September 30,		     Weighted
average
remaining
contractual
life – years
as of
December 31,		     Stock
options
exercisable
as of
September 30,		     Stock
options
exercisable
as of
December 31,		  
$     2017     2016     2017     2016     2017     2016  
                                       
  0.28       1,167,693       1,167,693       7.25       8.0       1,167,693       1,167,693  
  1.05       1,812,712       -       10       -       -       -  
  (*)       1,447,223       1,447,223       8.75       9.5       1,447,223       1,447,223  
          4,427,628       2,614,916                       2,614,916       2,614,916  

 

 

(*) Less than 1
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:

 

    Nine-month period ended
September 30, 2017		     Year ended
December 31, 2016		  
             
Expected volatility     133.9 %     77.3 %
Risk-free interest     1.5 %     0.6 %
Dividend yield     0 %     0 %
Expected life of up to (years)     6.71       5