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Related Parties | 12 Months Ended
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Dec. 31, 2018
Related Parties [Abstract] |
RELATED PARTIES | NOTE 11 - RELATED PARTIES
| a. | Balances
As of December 31, 2018 and 2017, the Company had an accrual in the amount of $240 thousand and $240 thousand, respectively, pursuant to an employment agreement with its President and Chief Executive Officer.
| b. | Transactions
During the year ended December 31, 2018, 2017 and 2016, the Company recorded salary expenses, cash bonus and directors’ fee to its related parties in the amount of $557 thousand, $558 thousand and $596 thousand, respectively.

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- Definition The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -URI http://asc.fasb.org/topic&trid=2122745 + Details
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