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Other Events
 9 Months Ended
Sep. 30, 2019
Subsequent Events [Abstract]  
OTHER EVENTS
NOTE 7:- OTHER EVENTS

  

  a. On August 8, 2019, the Board of Directors appointed Or Eisenberg to serve as the Company's Chief Operating Officer. Mr. Eisenberg will continue to serve as the Chief Financial Officer.

 

  b. As previously reported on 2018 Form 10-K, the Israeli Securities Authority (the "ISA") has conducted an administrative inquiry regarding two of Wize Israel's public reports filed with the ISA in Israel during 2016 and, in October 2018, the ISA commenced administrative enforcement proceedings against Wize Israel, the Company's former Chairman and the Company's Chief Financial Officer (who, at the relevant time, served as Wize Israel's chief financial officer) in connection with the foregoing reports. In August 2019, the ISA's Administrative Enforcement Committee approved a settlement of the proceedings, whereby, (i) Wize Israel undertook to pay a civil penalty of NIS 200,000 (equivalent to approximately $57,000) to the ISA and (ii) the Company's Chief Financial Officer undertook to pay a civil penalty of NIS 175,000 (equivalent to approximately $50,000) to the ISA and also agreed that, if he will violate, at any time until August 2020, certain provisions of Israeli securities laws relating to misleading public reports, he will be barred, for a nine-month period thereafter, from serving as an officer or director in certain entities supervised by the ISA, including companies that are publicly traded in Israel (but, for the sake of clarity, not companies traded in the U.S., such as the Company).