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PROPERTY AND EQUIPMENT, NET

12 Months Ended

Dec. 31, 2017

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT, NET

NOTE 5 –   PROPERTY AND EQUIPMENT, NET

		US dollars
		December 31,
		2017				2016
Computers			324,690				274,693
Furniture and office equipment			263,106				237,240
Leasehold improvements			49,558				44,686
			637,354				556,619
Less – accumulated depreciation			(420,608	)			(316,167	)
			216,746				240,452

During the years ended December 31, 2017, 2016 and 2015, depreciation expenses amounted to $67,878, $59,584 and $44,891, respectively, and new equipment purchases amounted to $19,467, $76,455 and $143,736, respectively.

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- References

No definition available.

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- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-URI http://asc.fasb.org/topic&trid=2155823

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