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Revenues and Cost of Revenues | 12 Months Ended
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Dec. 31, 2018
Revenues And Cost Of Revenues |
REVENUES AND COST OF REVENUES | NOTE 14 - REVENUES AND COST OF REVENUES:
|  | Year ended December 31 |
|  | 2018 |  |  | 2017 |  |  | 2016* |
|  | U.S. dollars in thousands |
a. Revenues**: |  |  |  |  |  |  |  |  |  |  |  |
Revenues from licenses |  |  | 794 |  |  |  | 486 |  |  |  | 453 |
Revenues from provision of maintenance and support services |  |  | 606 |  |  |  | 519 |  |  |  | 341 |
Revenue from provision of other services |  |  | 66 |  |  |  | 91 |  |  |  | 49 |
|  |  | 1,466 |  |  |  | 1,096 |  |  |  | 843 |
| * | The Company has initially applied IFRS 15 using the modified retrospective approach, the comparative information is not restated, See Note 2(q).
| ** | See Note 21 with respect to the disclosure of disaggregated revenue, which is identical to entity wide disclosures.
| b. | Revenue recognized in relation to contract liabilities
The following table includes revenue expected to be recognized in the future related to performance obligations that are unsatisfied at the reporting date.
U.S. dollars in thousands |  | 2019 |  |  | 2020 and thereafter |  |  | Total |
Contracts with customers |  |  | 495 |  |  |  | 249 |  |  |  | 744 |
The Company recognized $286 thousand of revenue related to beginning of the period contract liability balances.
| c. | Cost of revenues:
|  | Year ended December 31 |
|  | 2018 |  |  | 2017 |  |  | 2016 |
|  | U.S. dollars in thousands |
Payroll and related expenses |  |  | 367 |  |  |  | 203 |  |  |  | 158 |
Share-based payment |  |  | 55 |  |  |  | 51 |  |  |  | 58 |
Amortization of intangible assets |  |  | 270 |  |  |  | 245 |  |  |  | 245 |
Cost relating to sales as an agent |  |  | 18 |  |  |  | 47 |  |  |  | 10 |
Other |  |  | 81 |  |  |  | 37 |  |  |  | 41 |
|  |  | 791 |  |  |  | 583 |  |  |  | 512 |

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