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FINANCING (INCOME) EXPENSES, NET (Tables)
12 Months Ended
Dec. 31, 2015
Other Income and Expenses [Abstract]  
Schedule of Financing (Income) Expenses, Net
 
US dollars
 
   
Year ended December 31,
 
   
2015
   
2014
   
2013
 
                   
Israeli CPI linkage difference on principal of loans from stockholders
    (2,521 )     (556 )     14,382  
Exchange rate differences
    38,873       (25,282 )     94,815  
Change in fair value of Series A Warrants
    (149,092 )     (6,559,758 )     6,251,242  
Issuance cost allocated to warrants with down-round protection
    -       -       390,928  
Interest expenses on credit from banks and other
    15,205       (2,189 )     17,592  
Loss on partial extinguishment of Series A Preferred Stock and Series A Warrants
    1,284,354       -       -  
      1,186,819       (6,587,785 )     6,768,959