Quarterly report pursuant to Section 13 or 15(d)

Shareholders Equity (Tables)

v3.20.1
Shareholders Equity (Tables)
3 Months Ended
Mar. 31, 2020
Equity [Abstract]  
Schedule of black-scholes option-pricing model

   

Three months ended

March 31,

 
    2020     2019  
Underlying value of ordinary share ($)     6.21       2.03  
Exercise price ($)     6.21       2.03  
Expected volatility (%)     85.0       93.1  
Term of the option (years)     6.25       6.25  
Risk-free interest rate (%)     0.52       2.23  
Schedule of options granted to purchase ordinary shares

    For the three months ended March 31, 2020  
    Number of Options     Weighted average exercise price     Aggregate intrinsic value  
                   
Outstanding at the beginning of period     3,143,802       1.09       25,733  
Granted     814,700       6.21          
Forfeited     (16,747 )     1.69          
Exercised     (57,325 )     1.85          
Outstanding at the end of period     3,884,430       2.87       16,035  
Vested at end of period     1,654,090                  
Weighted average remaining contractual life – years as of March 31, 2020     6.96                  

Schedule of outstanding warrants

Warrant   Issuance Date   Expiration Date   Exercise Price
Per Share
    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

   

Three months ended  

March 31,

 
    2020     2019  
R&D     192       194  
General and administrative     145       110  
      337       304