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FINANCING (INCOME) EXPENSES, NET | 12 Months Ended
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Dec. 31, 2017
Other Income and Expenses [Abstract] |
FINANCING (INCOME) EXPENSES, NET |
NOTE 14 | – | FINANCING (INCOME) EXPENSES, NET
|  | US dollars |
|  | Year ended December 31, |
|  | 2017 |  |  | 2016 |  |  | 2015 |
Israeli CPI linkage difference on principal of loans from stockholders |  |  | 3,034 |  |  |  | (629 | ) |  |  | (2,521 | )
Exchange rate differences |  |  | 25,847 |  |  |  | 27,934 |  |  |  | 38,873 |
Change in fair value of Warrants with down-round protection |  |  | (300,322 | ) |  |  | (289,626 | ) |  |  | (149,092 | )
Interest expenses on credit from banks and other |  |  | 24,396 |  |  |  | 16,216 |  |  |  | 15,205 |
Loss on partial extinguishment of Series A Preferred Stock and Series A Warrants |  |  | - |  |  |  | - |  |  |  | 1,284,354 |
|  |  | (247,045 | ) |  |  | (246,105 | ) |  |  | 1,186,819 |

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