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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss for the period $ (950,248) $ (901,917)
Adjustments required to reconcile net loss for the period to net cash used in operating activities:    
Depreciation and amortization 25,934 3,539
Share in losses of affiliated company 6,382
Gain on disposal of affiliated company (15,690)
Increase in liability for employee rights upon retirement 4,332 9,153
Stock based compensation 219,667 160,658
Expenses on convertible loans 141,926 1,342
Conversion of convertible loans 57,793
Increase in accounts receivable 64,003 95,806
Decrease in inventory 5,035 38,085
Decrease (increase) in other current assets (30,516) 211
Decrease in accounts payable (55,428) (21,639)
Increase in other accounts payable 64,193 13,702
Net cash used in operating activities (468,999) (594,678)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Payments on (proceeds from) investment in unconsolidated entity 2,480 (7,567)
Short term deposits in banking institutions (36,646)
Increase in funds in respect of employee rights upon retirement (3,054) (6,036)
Net cash used in investing activities (574) (50,249)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Secured promissory notes 135,000
Proceeds on account of shares 100,000
Repayments of right of use asset arising from operating lease (17,435)
Repayments of long term banking institute (3,556) (38,520)
Proceeds from stock issued for cash 740,701
Net cash provided by financing activities 214,009 702,181
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (255,564) 57,254
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 290,815 439,806
CASH AND CASH EQUIVALENTS AT END OF PERIOD 35,251 497,060
Non cash transactions:    
Disposal of affiliated company 5,087
Issuance of warrants in convertible loans 34,696
Conversion of convertible loans $ 528,138