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Warrants
 12 Months Ended
Dec. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Derivative Instruments and Hedging Activities Disclosure [Text Block]
9.
Warrants
 
The following Ordinary shares warrants were issued by the Company in 2016:
 
 
 
Shares of
 
 
 
 
 
 
 
 
 
 
 
 
Ordinary Shares
 
 
 
 
 
 
 
 
 
 
 
 
Underlying
 
 
Exercise Price
 
 
Issuance
 
 
Expiration
 
 
 
Warrants
 
 
Per Share
 
 
Date
 
 
Date
 
Issued In connection with:
 
 
 
 
 
 
 
 
 
 
 
 
Registered direct offering of Ordinary shares
 
 
1,080,645
 
 
$
4.50
 
 
 
March 22, 2016
 
 
 
September 22, 2021
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total
 
 
1,080,645
 
 
 
 
 
 
 
 
 
 
 
 
 
 
The Ordinary shares warrants are exercisable at any time following September 22, 2016 and through their expiration dates