Quarterly report pursuant to Section 13 or 15(d)

Shareholders Equity (Tables)

v3.20.2
Shareholders Equity (Tables)
6 Months Ended
Jun. 30, 2020
Equity [Abstract]  
Schedule of black-scholes option-pricing model

   

Six months ended

June 30, 

 
    2020     2019  
             
Underlying value of share of Common Stock ($)     5.59-6.21       4.91  
Exercise price ($)     5.59-6.21       4.91  
Expected volatility (%)     85.0       93.1  
Term of the option (years)     6.25       6.25  
Risk-free interest rate (%)     0.37-0.52       2.23  
Schedule of options granted to purchase ordinary shares

    For the six months ended June 30, 2020  
    Number of Options    

Weighted average exercise

price

    Aggregate intrinsic value  
          USD      USD in thousands   
Outstanding at the beginning of period     3,143,802       1.09       25,733  
Granted     893,700       6.16          
Forfeited     (41,925 )     2.45          
Exercised     (277,429 )     0.63          
Outstanding at the end of period     3,718,148       3.08       10,484  
Vested at end of period     1,641,346                  
Weighted average remaining contractual life – years as of June 30, 2020     6.92                  
Schedule of outstanding warrants

Warrant   Issuance Date   Expiration Date   Exercise Price
Per Share (USD)
    Number of
Shares of
Common Stock
Underlying
Warrants
 
Private Warrants issued to Yeda (see 1 below)   May 11, 2017   May 11, 2025     (* )     591,382  
Private Warrants issued to founders (see 2 below)   November 27, 2017         -       10,589  
Private Placement Warrants (see 3 below)  

IPO

(December 13, 2018)

  December 13, 2023   11.50       2,900,000  
Public Warrants (see 4 below)  

IPO

(December 13, 2018)

 

October 28,

2024

  11.50       3,500,000  
                      7,001,971  

 

(*) less than $0.001.
Schedule of share-based payment expenses

   

Six months ended

June 30,

 
    2020     2019  
       

Research and development expenses, net

    502       367  
General and administrative     512       264  
      1,014       631  

 

   

Three months ended

June 30,

 
    2020     2019  
       

Research and development expenses, net

    310       173  
General and administrative     367       154  
      677       327