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INCOME (LOSS) PER SHARE (Tables)
9 Months Ended
Sep. 30, 2015
INCOME (LOSS) PER SHARE [Abstract]  
Schedule of Income (Loss) and Weighted Average Number of Shares
US dollars
US dollars  
Nine month period
ended September 30,

Three month period

ended September 30,

 
2015
2014
  2015
2014  
(unaudited)
(unaudited)  
Income (loss) for the period     (4,297,307 )     3,755,438   (1,095,970 ) (769,571 )
Cash dividend on Series A Preferred Stock     (52,361 )     (277,852 )   (5,325 )     (92,589 )
Stock dividend on Series B Preferred Stock     (270,307 )     (5,912 )   (84,512 )     (5,912 )
Income attributable to participating securities (Preferred Stock)     -       (701,171 )   -       -
     
   

Income (loss) for the period attributable to common stockholders     (4,619,975 )     2,770,503   (1,185,807 ) (868,072 )
                     
  Number of shares Number of shares
 

Six month period

ended September 30,

Three month period

ended September 30,

    2015     2014   2015     2014  
Number of shares:
 
Common shares used in computing basic  
income (loss) per share     5,426,688

5,303,721

5,513,265


5,304,100  
     
Common shares used in computing diluted    
 
income (loss) per share (*)     5,426,688 5,352,039 5,513,265 5,304,100  

     

Total weighted average number of common shares related to outstanding convertible Preferred Stock, options and warrants excluded from the calculations of diluted income (loss) per share (**)

    9,425,407 3,574,815 9,539,832 4,160,346