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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Loss for the period $ (1,606,580) $ (1,990,403)
Adjustments required to reconcile net loss for the period to net cash used in operating activities:    
Depreciation and amortization 45,205 27,351
Loss from sales of Property and Equipment 2,382
Share in losses (gain on disposal) of affiliated company (15,690) 15,690
Increase (decrease) in liability for employee rights upon retirement 15,764 16,019
Stock based compensation 492,619 438,670
Expenses on convertible loans 176,216 6,147
Compensation expenses in exchange of instruments 57,793
Decrease (increase) in accounts receivable (83,938) 71,294
Decrease (increase) in inventory (54) 21,783
Decrease (increase) in other current assets (47,575) 49,739
Increase (decrease) in accounts payable (32,541) 39,313
Increase in other accounts payable 197,659 59,625
Net cash used in operating activities (798,740) (1,244,772)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from (payments on) investment in unconsolidated entity 4,864 (7,567)
Decrease (increase) in Short term deposits in banking institutions 15,799 (38,194)
Increase in funds in respect of employee rights upon retirement (12,629) (12,567)
Proceeds from sales of Property and Equipment 1,031
Purchase of Property and Equipment (23,327)
Net cash provided by (used in) investing activities 9,065 (81,655)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from Secured promissory notes 135,000
Proceeds from convertible loans 225,000 379,000
Repayments of long-term loans from banking institutes (7,272) (42,257)
Repayments of right of use asset arising from operating lease (40,968)
Proceeds from stock issued for cash 350,000 840,693
Exercise of options 20,000
Exercise of warrants 60,000
Net cash provided by financing activities 741,760 1,177,436
INCREASE IN CASH AND CASH EQUIVALENTS (47,915) (148,991)
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 290,815 439,806
CASH AND CASH EQUIVALENTS AT END OF YEAR 242,900 290,815
Supplemental disclosure of cash flow information:    
Cash paid during the year for: Interest 408 836
Non cash transactions:    
Disposal of affiliated company 2,704
Termination of lease agreement 11,590
Issuance of warrants in convertible loans 53,388 97,406
Conversion of convertible loans 528,138
Initial recognition of operating lease right-of-use assets 48,982
Initial recognition of operating lease liability $ (48,982)