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Loss Per Share (Tables)
6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Schedule of Loss and Weighted Average Number of Shares

The loss and the weighted average number of shares used in computing basic and diluted loss per share for the six and three month periods ended June 30, 2018 and 2017 are as follows:

 

   US dollars   US dollars 
   Six-month period
ended June 30,
   Three-month period
ended June 30,
 
   2019   2018   2019   2018 
   (unaudited)   (unaudited) 
Loss for the period   (1,920,510)   (3,810,277)   (898,857)   (1,962,483)
Cash dividend on Series A Preferred Stock   -    (8,970)   -    (4,270)
Stock dividend on Series B Preferred Stock   -    (585,321)   -    (305,162)
Stock dividend on Series C Preferred Stock   -    (467,433)   -    (243,700)
Loss for the period attributable to common stockholders   (1,920,510)   (4,872,001)   (898,857)   (2,515,615)

 

   Number of shares   Number of shares 
   Six-month period
ended June 30,
   Three-month period
ended June 30,
 
   2019   2018   2019   2018 
                 
Number of shares:                    
Weighted average number of shares used in the computation of basic and diluted earnings per share   147,256,546    7,290,123    149,776,875    7,555,761 
Total weighted average number of common shares related to outstanding options and warrants excluded from the calculations of diluted loss per share (*)   77,558,958    27,017,190    78,029,732    26,274,884 

 

  (*) All outstanding stock options and warrants have been excluded from the calculation of the diluted net loss per share for all the reported periods, because the effect of the common shares issuable as a result of the exercise or conversion of these instruments was determined to be anti-dilutive