XML 66 R35.htm IDEA: XBRL DOCUMENT v3.23.1
SHARE-BASED COMPENSATION (Detail Textuals)
₪ / shares in Units, $ / shares in Units, ₪ in Thousands, $ in Thousands
1 Months Ended 3 Months Ended 12 Months Ended
Jul. 15, 2022
USD ($)
$ / shares
shares
May 11, 2022
USD ($)
$ / shares
shares
Apr. 07, 2021
USD ($)
$ / shares
shares
Jan. 04, 2021
USD ($)
$ / shares
shares
Jun. 15, 2022
ILS (₪)
shares
Jun. 15, 2022
USD ($)
shares
Apr. 28, 2022
USD ($)
$ / shares
shares
Aug. 23, 2021
USD ($)
$ / shares
shares
Apr. 30, 2021
shares
Apr. 21, 2021
USD ($)
$ / shares
shares
Mar. 31, 2022
USD ($)
$ / shares
shares
Dec. 31, 2022
USD ($)
$ / shares
shares
Dec. 31, 2021
USD ($)
$ / shares
shares
Dec. 31, 2022
₪ / shares
Dec. 31, 2022
USD ($)
shares
Dec. 31, 2021
₪ / shares
Jul. 02, 2018
shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                  
Description of terms of share-based payment arrangement                     The options vest over four years from the date of grant; 25% vest on the first anniversary of the date of grant and the remaining 75% of the option will vest in twelve equal quarterly installments following the first anniversary of the grant date.            
Number of options to purchase ordinary shares                       2,458,863 1,975,586        
Exercise price of options granted | $ / shares                       $ 2.29 $ 1.95        
Vestion period                     4 years            
Aggregate intrinsic value of outstanding options | $                             $ 1    
Stock-based compensation expenses | $                       $ 2,247 $ 1,861        
General and administrative expenses | $                       $ 7,253 $ 5,690        
Common Stock, Par or Stated Value Per Share | ₪ / shares                           ₪ 0.0000769   ₪ 0.0000769  
Executive Officer and Service Provider [Member]                                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                  
Ordinary shares available for future grant                     80,000            
Exercise price of options granted | $ / shares                     $ 2.86            
Fair value of options at the date of grant | $                     $ 147            
Certain employees [Member]                                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                  
Number of options to purchase ordinary shares     213,000                            
Exercise price of options granted | $ / shares     $ 3.61                            
Vestion period     4 years                            
Fair value of options at the date of grant | $     $ 646                            
Certain employees [Member] | Vest on the first anniversary of the date of grant [Member]                                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                  
Vesting percentage     25.00%                            
Certain employees [Member] | Vest in twelve equal quarterly installments following the first anniversary of the applicable grant date [Member]                                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                  
Vesting percentage     75.00%                            
Service Provider [Member]                                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                  
Number of options to purchase ordinary shares     70,000                            
Exercise price of options granted | $ / shares     $ 3.61               $ 2.86            
Vestion period     4 years                            
Fair value of options at the date of grant | $     $ 646                            
Service Provider [Member] | Vest on the first anniversary of the date of grant [Member]                                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                  
Vesting percentage     25.00%                            
Service Provider [Member] | Vest in twelve equal quarterly installments following the first anniversary of the applicable grant date [Member]                                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                  
Vesting percentage     75.00%                            
Executive Officer [Member]                                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                  
Ordinary shares available for future grant                     55,000            
Number of options to purchase ordinary shares                   345,000              
Exercise price of options granted | $ / shares                   $ 3.15 $ 2.86            
Vestion period                   4 years              
Fair value of options at the date of grant | $                   $ 1,140 $ 37            
Executive Officer [Member] | Vest on the first anniversary of the date of grant [Member]                                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                  
Vesting percentage                   25.00%              
Executive Officer [Member] | Vest in twelve equal quarterly installments following the first anniversary of the applicable grant date [Member]                                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                  
Vesting percentage                   75.00%              
Former CEO [Member]                                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                  
Number of options to purchase ordinary shares         492,832 492,832                      
Vestion period         2 years 2 years                      
Annual base salary | $           $ 412                      
Description of mutual separation         (i) a one-time lump sum payment of his annual base salary for a period of 13 months, for a total gross amount equal to $412; and (ii) an extension of the exercise period for the vested portion of the options granted on January 4, 2021, based on the award original terms, representing an aggregate of 492,832 ordinary shares, through the end of a two-year period commencing on July 15, 2022. (i) a one-time lump sum payment of his annual base salary for a period of 13 months, for a total gross amount equal to $412; and (ii) an extension of the exercise period for the vested portion of the options granted on January 4, 2021, based on the award original terms, representing an aggregate of 492,832 ordinary shares, through the end of a two-year period commencing on July 15, 2022.                      
General and administrative expenses | $           $ 457                      
Number of unvested options forfeited         821,386 821,386                      
Non-executive director [Member]                                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                  
Number of options to purchase ordinary shares     33,368                            
Exercise price of options granted | $ / shares     $ 3.61                            
Vestion period     3 years                            
Fair value of options at the date of grant | $     $ 104                            
Non-executive director [Member] | Vest over twelve equal quarterly instalments starting on January 1, 2022 [Member]                                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                  
Number of options to purchase ordinary shares               752,899                  
Exercise price of options granted | $ / shares               $ 2.815                  
Vestion period               3 years                  
Fair value of options at the date of grant | $               $ 195                  
Non-executive director [Member] | Vest over four equal quarterly instalments starting on January 1, 2022 [Member]                                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                  
Number of options to purchase ordinary shares               250,964                  
Exercise price of options granted | $ / shares               $ 2.815                  
Vestion period               1 year                  
Fair value of options at the date of grant | $               $ 65                  
Employee [Member]                                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                  
Description of terms of share-based payment arrangement             The options vest over four years from the date of grant; 25% vest on the first anniversary of the date of grant and the remaining 75% of the option will vest in twelve equal quarterly installments following the first anniversary of the grant date.                    
Number of options to purchase ordinary shares             220,000                    
Exercise price of options granted | $ / shares             $ 2.57                    
Vestion period             4 years                    
Fair value of options at the date of grant | $             $ 364                    
New CEO [Member]                                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                  
Description of terms of share-based payment arrangement This grant was subject to shareholders' approval, which was obtained at a meeting of the Company’s shareholders held on September 7, 2022. The options vest over four years from the date of grant; 25% vest on the first anniversary of the date of grant and the remaining 75% of the option will vest in twelve equal quarterly installments following the first anniversary of the applicable grant date.                                
Number of options to purchase ordinary shares 600,000     1,314,218                          
Exercise price of options granted | $ / shares $ 1.4     $ 1.24                          
Vestion period 4 years                                
Fair value of options at the date of grant | $ $ 524     $ 1,320                          
New CEO [Member] | Triggering Event [Member]                                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                  
Number of options to purchase ordinary shares 200,000                                
New CEO [Member] | Vest on the first anniversary of the date of grant [Member]                                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                  
Vesting percentage       25.00%                          
New CEO [Member] | Vest in twelve equal quarterly installments following the first anniversary of the applicable grant date [Member]                                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                  
Vesting percentage       75.00%                          
Chief Financial Officer [Member]                                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                  
Description of terms of share-based payment arrangement   This grant was subject to shareholders' approval, which was obtained at a meeting of the Company’s shareholders held on September 7, 2022. These options have an exercise price of $2.00 per share and vest over four years from the date of grant; 25% vest on the first anniversary of the date of grant and the remaining 75% of the option will vest in twelve equal quarterly installments following the first anniversary of the grant date.                              
Number of options to purchase ordinary shares   500,000                              
Exercise price of options granted | $ / shares   $ 2                              
Vestion period   4 years                              
Fair value of options at the date of grant | $   $ 390                              
President of R&D [Member]                                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                  
Stock-based compensation expenses | $           $ 112                      
Cash separation payment         ₪ 537,600 156                      
Additional cash separation payment         ₪ 737,771 $ 214                      
President of R&D [Member] | 2017 Grant [Member]                                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                  
Ordinary shares available for future grant                 31,250                
Number of options to purchase ordinary shares         357,500 357,500     68,750                
Vestion period         10 years 10 years                      
2018 Plan [Member]                                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                  
Number of ordinary shares authorized                                 1,371,398
Ordinary shares available for future grant                             922,080    
Number of additional ordinary shares authorized                       1,440,496