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Financing Income, Net
9 Months Ended
Sep. 30, 2018
Other Income and Expenses [Abstract]  
Financing Income, Net

NOTE 6 – FINANCING INCOME, NET

 

    US dollars     US dollars  
   

Nine-month period ended

September 30,

   

Three-month period ended

September 30,

 
    2018     2017     2018     2017  
    (unaudited)     (unaudited)  
Israeli CPI linkage difference on principal of loans from stockholders     1,266       (373 )     (697 )     (347 )
Exchange rate differences     (14,410 )     (30,154 )     (8,789 )     (12,960 )
Change in fair value of warrants with down round protection     251,790       273,733       91,762       82,658  
Interest expenses on credit from banks and other     (11,853 )     (19,416 )     (5,551 )     (5,729 )
Late fee penalty of dividend payments     (82,777 )     -       (38,497 )     -  
      144,016       233,790       38,228       63,622