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Commitments and Contingencies | 12 Months Ended
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Dec. 31, 2020
Commitments and Contingencies Disclosure [Abstract] |
COMMITMENTS AND CONTINGENCIES |
NOTE 12:- | COMMITMENTS AND CONTINGENCIES
|  | Agreements:
| 1. | Starting November 22, 2020, the Company rents its offices from a third party for a rental monthly fee of $2. The rent period is for a period of 12 months.
| 2. | For the Company’s engagement in a License Agreement to market a drug and amendment to such an agreement, see also Notes 5 and 6 above.
| 3. | On June 19, 2017 (the “Effective Date”), Wize Israel entered into a finder’s fee agreement with a service provider (through his wholly owned company), who is also a director of the Company (the “Vendor”), pursuant to which the Vendor is entitle to receive a royalty rate of 5% on all of Wize Israel’s revenues to the extent such revenues are earned from relationships initiated by the Vendor and agreed to by Wize Israel. The term of the agreement is for 12 months unless earlier terminated. Either party may terminate upon 21 days’ notice. The service provider will be entitled to the finder fee of 5% even if the agreement will be terminated. The Vendor introduced Wize Israel and the Company to the Chinese Distributor (see also Note 5). During the period commencing the Effective Date and ending December 31, 2019 and 2020, the Vendor has not earned any royalties, and the Company has no obligation to pay any royalties.
| 4. | For discussion regarding Bonus transaction, see Note 10 above.

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