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FINANCING (INCOME) EXPENSES, NET (Tables) | 12 Months Ended
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Dec. 31, 2014
FINANCING (INCOME) EXPENSES, NET [Abstract] |
Schedule of Financing (Income) Expenses, Net |
|  | US dollars |
|  | Year ended December 31, |
|  | 2014 |  |  | 2013 |  |  | 2012 |
Israeli CPI linkage difference on principal of loans from stockholders |  |  | (556 | ) |  |  | 14,382 |  |  |  | 9,849 |
Exchange rate differences |  |  | (25,282 | ) |  |  | 94,815 |  |  |  | 18,147 |
Warrants with down round protection |  |  | (6,559,758 | ) |  |  | 6,251,242 |  |  |  | (35,892 | )
Issuance cost allocated to warrants with down-round protection |  |  | - |  |  |  | 390,928 |  |  |  | - |
Interest expenses on credit from banks and other |  |  | (2,189 | ) |  |  | 17,592 |  |  |  | 6,605 |
|  |  | (6,587,785 | ) |  |  | 6,768,959 |  |  |  | (1,291 | )

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- Definition Tabular disclosure of the components of non-operating income or non-operating expense that may include amounts earned from dividends, interest on securities, gains (losses) on securities sold, equity earnings of unconsolidated affiliates, net gain (loss) on sales of business, interest expense and other miscellaneous income or expense items. + References No definition available. + Details
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