SHAREHOLDERS' EQUITY (Tables)

12 Months Ended

Dec. 31, 2014

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]

A summary of the Company's options activity (for employees and directors) under the 2013 Plan is as follows:

	Year ended December 31,
	2014			2013
	Number of options	Weighted average exercise price		Number of options	Weighted average exercise price

Outstanding at beginning of year	403,110	$	0.0004	319,531	$	0.0004
Granted	380,222		9.21	83,579		0.0004

Outstanding at end of year	783,332		4.47	403,110	$	0.0004

Vested and expected to vest	783,332	$	4.47	403,110	$	0.0004

Options exercisable at the end of the year	429,589	$	1.33	134,370	$	0.0004

Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]

The share based expense recognized in the financial statements is as follows:

	Year ended December 31,
	2014		2013		2012

Research and development	$	83	$	44	$	-
General and administrative expenses		653		210		9

	$	736	$	254	$	9

Nonemployee Stock Option [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]

The outstanding options granted to the Company's service providers are as follows:

Grant date	Number of options	Exercise price	Expiration date

December 2, 2014	20,000	7.78	December 2, 2024

- Definition

Tabular disclosure of components of a stock option or other award plan under which equity-based compensation is awarded to employees, typically comprised of the amount of unearned compensation (deferred compensation cost), compensation expense, and changes in the quantity and fair value of the shares (or other type of equity) granted, exercised, forfeited, and issued and outstanding pertaining to that plan. Disclosure may also include nature and general terms of such arrangements that existed during the period and potential effects of those arrangements on shareholders, effect of compensation cost arising from equity-based payment arrangements on the income statement, method of estimating the fair value of the goods or services received, or the fair value of the equity instruments granted, during the period, cash flow effects resulting from equity-based payment arrangements and, for registrants that accelerate vesting of out of the money share options, reasons for the decision to accelerate.

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