SEC Info℠  
    Home      Search      My Interests      Help      Sign In      Please Sign In

Artemis Therapeutics, Inc. – ‘10-Q’ for 3/31/20 – ‘EX-101.INS’

On:  Thursday, 5/14/20, at 12:14pm ET   ·   For:  3/31/20   ·   Accession #:  1178913-20-1480   ·   File #:  0-24431

Previous ‘10-Q’:  ‘10-Q’ on 11/14/19 for 9/30/19   ·   Next:  ‘10-Q’ on 8/12/20 for 6/30/20   ·   Latest:  ‘10-Q’ on 11/21/23 for 9/30/23

Find Words in Filings emoji
 		  in    Show  and   ↓Hints

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 5/14/20  Artemis Therapeutics, Inc.        10-Q        3/31/20   42:2M                                     Z-K Global Ltd/FA

Quarterly Report   —   Form 10-Q   —   Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML    236K 
 2: EX-31.1     Certification -- §302 - SOA'02 -- exhibit_31-1      HTML     19K 
 3: EX-32.1     Certification -- §906 - SOA'02 -- exhibit_32-1      HTML     15K 
13: R1          Document and Entity Information                     HTML     51K 
33: R2          Interim Condensed Consolidated Balance Sheets       HTML     80K 
38: R3          Interim Condensed Consolidated Balance Sheets       HTML     36K 
                (Parenthetical)                                                  
26: R4          Interim Condensed Consolidated Statements of        HTML     43K 
                Comprehensive (Loss) (Unaudited)                                 
14: R5          Interim Condensed Statements of Stockholders'       HTML     40K 
                Equity (Unaudited)                                               
34: R6          Interim Condensed Consolidated Statement of Cash    HTML     45K 
                Flows (Unaudited)                                                
39: R7          General                                             HTML     27K 
25: R8          Significant Accounting Policies                     HTML     37K 
16: R9          Commitments and Contingencies                       HTML     19K 
12: R10         Income Tax                                          HTML     45K 
22: R11         Warrants Issued to Investors                        HTML     22K 
36: R12         Computation of Net Loss per Share                   HTML     35K 
32: R13         Stock Capital                                       HTML     74K 
11: R14         Related Parties                                     HTML     19K 
21: R15         Subsequent Events                                   HTML     17K 
35: R16         Significant Accounting Policies (Policies)          HTML     65K 
31: R17         Income Tax (Tables)                                 HTML     41K 
10: R18         Warrants Issued to Investors (Tables)               HTML     23K 
23: R19         Computation of Net Loss per Share (Tables)          HTML     33K 
41: R20         Stock Capital (Tables)                              HTML     66K 
29: R21         Commitments and Contingencies (Details)             HTML     19K 
18: R22         Income Tax (Narrative) (Details)                    HTML     20K 
20: R23         Income Tax (Schedule of Deferred Income Taxes)      HTML     21K 
                (Details)                                                        
40: R24         Income Tax (Schedule of Net Operating Loss          HTML     19K 
                Carryforwards) (Details)                                         
28: R25         Warrants Issued to Investors (Details)              HTML     20K 
17: R26         Computation of Net Loss per Share (Schedule of      HTML     40K 
                Calculation of Basic Loss Per Share) (Details)                   
19: R27         Stock Capital (Narrative) (Details)                 HTML     49K 
42: R28         Stock Capital (Summary of Stock Option Activity)    HTML     50K 
                (Details)                                                        
27: R29         Stock Capital (Summary of Stock Option Exercise     HTML     35K 
                price) (Details)                                                 
30: R30         Related Parties (Narrative) (Details)               HTML     25K 
37: XML         IDEA XML File -- Filing Summary                      XML     71K 
15: EXCEL       IDEA Workbook of Financial Reports                  XLSX     34K 
 4: EX-101.INS  XBRL Instance -- atms-20200331                       XML    592K 
 6: EX-101.CAL  XBRL Calculations -- atms-20200331_cal               XML     66K 
 7: EX-101.DEF  XBRL Definitions -- atms-20200331_def                XML    185K 
 8: EX-101.LAB  XBRL Labels -- atms-20200331_lab                     XML    403K 
 9: EX-101.PRE  XBRL Presentations -- atms-20200331_pre              XML    300K 
 5: EX-101.SCH  XBRL Schema -- atms-20200331                         XSD     83K 
24: ZIP         XBRL Zipped Folder -- 0001178913-20-001480-xbrl      Zip     56K

‘EX-101.INS’   —   XBRL Instance — atms-20200331

This Exhibit is an XBRL XML File.

                                                                                                                                                                                
<?xml version="1.0" encoding="windows-1252"?>
<!-- Field: Doc-Info; Name: Generator; Value: GoXBRL; Version: 5.3a -->
<!-- Field: Doc-Info; Name: VendorURI; Value: http://www.novaworks.co -->
<!-- Field: Doc-Info; Name: Source; Value: ATMS 0320 10Q.xfr; Date: 2020%2D05%2D14T14:24:16Z -->
<!-- Field: Doc-Info; Name: Status; Value: 0x80000000 -->
<xbrli:xbrl xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:dei="http://xbrl.sec.gov/dei/2019-01-31" xmlns:ref="http://www.xbrl.org/2006/ref" xmlns:iso4217="http://www.xbrl.org/2003/iso4217" xmlns:us-gaap="http://fasb.org/us-gaap/2020-01-31" xmlns:us-roles="http://fasb.org/us-roles/2020-01-31" xmlns:nonnum="http://www.xbrl.org/dtr/type/non-numeric" xmlns:num="http://www.xbrl.org/dtr/type/numeric" xmlns:us-types="http://fasb.org/us-types/2020-01-31" xmlns:country="http://xbrl.sec.gov/country/2020-01-31" xmlns:srt="http://fasb.org/srt/2020-01-31" xmlns:atms="http://artemistherapeutics.com/20200331">
<link:schemaRef xlink:href="atms-20200331.xsd" xlink:type="simple"/>
<xbrli:context id="I2020-03-31">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2020-03-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="D2020-01-01_To_2020-03-31">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2020-01-01 </xbrli:startDate>
<xbrli:endDate> 2020-03-31 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="AsOf2020-03-31_us-gaap_CommonStockMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:CommonStockMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2020-03-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="AsOf2020-03-31_us-gaap_AdditionalPaidInCapitalMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:AdditionalPaidInCapitalMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2020-03-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="AsOf2020-03-31_us-gaap_RetainedEarningsMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:RetainedEarningsMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2020-03-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="AsOf2020-03-31_us-gaap_IsraelTaxAuthorityMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:IncomeTaxAuthorityAxis"> us-gaap:IsraelTaxAuthorityMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2020-03-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="AsOf2020-03-31_custom_UnitedStatesTaxAuthorityMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:IncomeTaxAuthorityAxis"> atms:UnitedStatesTaxAuthorityMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2020-03-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="From2016-08-01to2016-08-31_us-gaap_CommonStockMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis"> us-gaap:CommonStockMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2016-08-01 </xbrli:startDate>
<xbrli:endDate> 2016-08-31 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="From2016-08-01to2016-08-31_us-gaap_SeriesAPreferredStockMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis"> us-gaap:SeriesAPreferredStockMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2016-08-01 </xbrli:startDate>
<xbrli:endDate> 2016-08-31 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="From2016-08-01to2016-08-22">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2016-08-01 </xbrli:startDate>
<xbrli:endDate> 2016-08-22 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="AsOf2020-03-31_us-gaap_SeriesAPreferredStockMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis"> us-gaap:SeriesAPreferredStockMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2020-03-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="AsOf2020-03-31_us-gaap_SeriesCPreferredStockMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis"> us-gaap:SeriesCPreferredStockMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2020-03-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="AsOf2016-05-31_custom_WithinSevenMonthsOfClosingMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="srt:StatementScenarioAxis"> atms:WithinSevenMonthsOfClosingMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2016-05-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="AsOf2016-05-31_custom_WithinTwelveMonthsOfEffectiveTimeMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="srt:StatementScenarioAxis"> atms:WithinTwelveMonthsOfEffectiveTimeMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2016-05-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="AsOf2016-05-31_custom_WithinTwentyFourMonthsOfEffectiveTimeMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="srt:StatementScenarioAxis"> atms:WithinTwentyFourMonthsOfEffectiveTimeMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2016-05-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="AsOf2020-03-31_custom_OctoberTwoThousandSeventeenMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis"> atms:OctoberTwoThousandSeventeenMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2020-03-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="AsOf2020-03-31_custom_RangeOneMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis"> atms:RangeOneMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2020-03-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="AsOf2020-03-31_custom_RangeTwoMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis"> atms:RangeTwoMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2020-03-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="From2017-10-01to2017-10-31">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2017-10-01 </xbrli:startDate>
<xbrli:endDate> 2017-10-31 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="From2017-10-01to2017-10-31_us-gaap_CommonStockMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis"> us-gaap:CommonStockMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2017-10-01 </xbrli:startDate>
<xbrli:endDate> 2017-10-31 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="AsOf2017-10-31_us-gaap_SeriesCPreferredStockMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis"> us-gaap:SeriesCPreferredStockMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2017-10-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="From2017-07-01to2017-07-31_us-gaap_ResearchAndDevelopmentExpenseMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:IncomeStatementLocationAxis"> us-gaap:ResearchAndDevelopmentExpenseMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2017-07-01 </xbrli:startDate>
<xbrli:endDate> 2017-07-31 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="AsOf2020-03-31_custom_PreferredStockSeriesAMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> atms:PreferredStockSeriesAMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2020-03-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="AsOf2020-03-31_custom_PreferredStockSeriesAMember135224625">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> atms:PreferredStockSeriesCMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2020-03-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="AsOf2017-10-31">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2017-10-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="From2019-01-01to2019-03-31_us-gaap_CommonStockMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:CommonStockMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2019-01-01 </xbrli:startDate>
<xbrli:endDate> 2019-03-31 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="From2019-01-01to2019-03-31_custom_PreferredStockSeriesAMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> atms:PreferredStockSeriesAMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2019-01-01 </xbrli:startDate>
<xbrli:endDate> 2019-03-31 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="From2019-01-01to2019-03-31_custom_PreferredStockSeriesCMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> atms:PreferredStockSeriesCMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2019-01-01 </xbrli:startDate>
<xbrli:endDate> 2019-03-31 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="From2019-01-01to2019-03-31_us-gaap_AdditionalPaidInCapitalMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:AdditionalPaidInCapitalMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2019-01-01 </xbrli:startDate>
<xbrli:endDate> 2019-03-31 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="From2019-01-01to2019-03-31_us-gaap_RetainedEarningsMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:RetainedEarningsMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2019-01-01 </xbrli:startDate>
<xbrli:endDate> 2019-03-31 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="AsOf2020-03-31_custom_RangeFourMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis"> atms:RangeFourMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2020-03-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="AsOf2019-12-31_us-gaap_SeriesAPreferredStockMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis"> us-gaap:SeriesAPreferredStockMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2019-12-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="AsOf2019-12-31">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2019-12-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="AsOf2019-12-31_us-gaap_SeriesCPreferredStockMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis"> us-gaap:SeriesCPreferredStockMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2019-12-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="AsOf2019-12-31_us-gaap_CommonStockMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:CommonStockMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2019-12-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="AsOf2019-12-31_custom_PreferredStockSeriesAMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> atms:PreferredStockSeriesAMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2019-12-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="AsOf2019-12-31_custom_PreferredStockSeriesCMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> atms:PreferredStockSeriesCMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2019-12-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="AsOf2019-12-31_us-gaap_AdditionalPaidInCapitalMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:AdditionalPaidInCapitalMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2019-12-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="AsOf2019-12-31_us-gaap_RetainedEarningsMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:RetainedEarningsMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2019-12-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="AsOf2019-12-31_us-gaap_IsraelTaxAuthorityMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:IncomeTaxAuthorityAxis"> us-gaap:IsraelTaxAuthorityMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2019-12-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="AsOf2019-12-31_custom_UnitedStatesTaxAuthorityMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:IncomeTaxAuthorityAxis"> atms:UnitedStatesTaxAuthorityMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2019-12-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="AsOf2019-12-31_custom_RangeOneMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis"> atms:RangeOneMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2019-12-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="From2019-01-01to2019-12-31_custom_RangeOneMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis"> atms:RangeOneMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2019-01-01 </xbrli:startDate>
<xbrli:endDate> 2019-12-31 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="From2019-01-01to2019-12-31_custom_RangeTwoMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis"> atms:RangeTwoMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2019-01-01 </xbrli:startDate>
<xbrli:endDate> 2019-12-31 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="From2019-01-01to2019-12-31_custom_RangeFourMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis"> atms:RangeFourMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2019-01-01 </xbrli:startDate>
<xbrli:endDate> 2019-12-31 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="AsOf2019-12-31_custom_RangeTwoMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis"> atms:RangeTwoMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2019-12-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="AsOf2019-12-31_custom_RangeFourMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis"> atms:RangeFourMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2019-12-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="From2020-01-01to2020-03-31_us-gaap_CommonStockMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:CommonStockMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2020-01-01 </xbrli:startDate>
<xbrli:endDate> 2020-03-31 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="From2020-01-01to2020-03-31_custom_PreferredStockSeriesAMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> atms:PreferredStockSeriesAMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2020-01-01 </xbrli:startDate>
<xbrli:endDate> 2020-03-31 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="From2020-01-01to2020-03-31_custom_PreferredStockSeriesCMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> atms:PreferredStockSeriesCMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2020-01-01 </xbrli:startDate>
<xbrli:endDate> 2020-03-31 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="From2020-01-01to2020-03-31_us-gaap_AdditionalPaidInCapitalMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:AdditionalPaidInCapitalMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2020-01-01 </xbrli:startDate>
<xbrli:endDate> 2020-03-31 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="From2020-01-01to2020-03-31_us-gaap_RetainedEarningsMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:RetainedEarningsMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2020-01-01 </xbrli:startDate>
<xbrli:endDate> 2020-03-31 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="AsOf2019-03-31">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2019-03-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="From2020-01-01to2020-03-31_us-gaap_IsraelTaxAuthorityMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:IncomeTaxAuthorityAxis"> us-gaap:IsraelTaxAuthorityMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2020-01-01 </xbrli:startDate>
<xbrli:endDate> 2020-03-31 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="From2020-01-01to2020-03-31_custom_UnitedStatesTaxAuthorityMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:IncomeTaxAuthorityAxis"> atms:UnitedStatesTaxAuthorityMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2020-01-01 </xbrli:startDate>
<xbrli:endDate> 2020-03-31 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="From2020-01-01to2020-03-31_custom_OctoberTwoThousandSeventeenMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis"> atms:OctoberTwoThousandSeventeenMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2020-01-01 </xbrli:startDate>
<xbrli:endDate> 2020-03-31 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="From2020-01-01to2020-03-31_custom_RangeOneMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis"> atms:RangeOneMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2020-01-01 </xbrli:startDate>
<xbrli:endDate> 2020-03-31 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="From2020-01-01to2020-03-31_custom_RangeTwoMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis"> atms:RangeTwoMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2020-01-01 </xbrli:startDate>
<xbrli:endDate> 2020-03-31 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="From2020-01-01to2020-03-31_custom_RangeFourMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis"> atms:RangeFourMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2020-01-01 </xbrli:startDate>
<xbrli:endDate> 2020-03-31 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="AsOf2019-03-31_us-gaap_CommonStockMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:CommonStockMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2019-03-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="AsOf2019-03-31_custom_PreferredStockSeriesAMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> atms:PreferredStockSeriesAMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2019-03-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="AsOf2019-03-31_custom_PreferredStockSeriesCMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> atms:PreferredStockSeriesCMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2019-03-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="AsOf2019-03-31_us-gaap_AdditionalPaidInCapitalMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:AdditionalPaidInCapitalMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2019-03-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="AsOf2019-03-31_us-gaap_RetainedEarningsMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:RetainedEarningsMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2019-03-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="AsOf2019-05-31">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2019-05-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="From2019-05-02to2019-05-31">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2019-05-02 </xbrli:startDate>
<xbrli:endDate> 2019-05-31 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="From2019-02-22to2019-03-22">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2019-02-22 </xbrli:startDate>
<xbrli:endDate> 2019-03-22 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="From2019-03-04to2019-04-04">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2019-03-04 </xbrli:startDate>
<xbrli:endDate> 2019-04-04 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="AsOf2020-05-14">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2020-05-14 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="From2019-01-01to2019-03-31">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:startDate> 2019-01-01 </xbrli:startDate>
<xbrli:endDate> 2019-03-31 </xbrli:endDate>
</xbrli:period>
</xbrli:context>
<xbrli:context id="AsOf2018-12-31_us-gaap_CommonStockMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:CommonStockMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2018-12-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="AsOf2018-12-31_custom_PreferredStockSeriesAMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> atms:PreferredStockSeriesAMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2018-12-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="AsOf2018-12-31_custom_PreferredStockSeriesCMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> atms:PreferredStockSeriesCMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2018-12-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="AsOf2018-12-31_us-gaap_AdditionalPaidInCapitalMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:AdditionalPaidInCapitalMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2018-12-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="AsOf2018-12-31_us-gaap_RetainedEarningsMember">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
<xbrli:segment>
<xbrldi:explicitMember dimension="us-gaap:StatementEquityComponentsAxis"> us-gaap:RetainedEarningsMember </xbrldi:explicitMember>
</xbrli:segment>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2018-12-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:context id="AsOf2018-12-31">
<xbrli:entity>
<xbrli:identifier scheme="http://www.sec.gov/CIK"> 0001062128 </xbrli:identifier>
</xbrli:entity>
<xbrli:period>
<xbrli:instant> 2018-12-31 </xbrli:instant>
</xbrli:period>
</xbrli:context>
<xbrli:unit id="USD">
<xbrli:measure> iso4217:USD </xbrli:measure>
</xbrli:unit>
<xbrli:unit id="USDPerShare">
<xbrli:divide>
<xbrli:unitNumerator>
<xbrli:measure> iso4217:USD </xbrli:measure>
</xbrli:unitNumerator>
<xbrli:unitDenominator>
<xbrli:measure> xbrli:shares </xbrli:measure>
</xbrli:unitDenominator>
</xbrli:divide>
</xbrli:unit>
<xbrli:unit id="Shares">
<xbrli:measure> xbrli:shares </xbrli:measure>
</xbrli:unit>
<xbrli:unit id="Pure">
<xbrli:measure> xbrli:pure </xbrli:measure>
</xbrli:unit>
<us-gaap:CommonStockParOrStatedValuePerShare contextRef="I2020-03-31" unitRef="USDPerShare" decimals="INF"> 0.01 </us-gaap:CommonStockParOrStatedValuePerShare>
<us-gaap:CommonStockParOrStatedValuePerShare contextRef="AsOf2019-12-31" unitRef="USDPerShare" decimals="INF"> 0.01 </us-gaap:CommonStockParOrStatedValuePerShare>
<us-gaap:CommonStockSharesAuthorized contextRef="I2020-03-31" unitRef="Shares" decimals="INF"> 51000000 </us-gaap:CommonStockSharesAuthorized>
<us-gaap:CommonStockSharesAuthorized contextRef="AsOf2019-12-31" unitRef="Shares" decimals="INF"> 51000000 </us-gaap:CommonStockSharesAuthorized>
<us-gaap:CommonStockSharesIssued contextRef="I2020-03-31" unitRef="Shares" decimals="INF"> 5153461 </us-gaap:CommonStockSharesIssued>
<us-gaap:CommonStockSharesIssued contextRef="AsOf2019-12-31" unitRef="Shares" decimals="INF"> 5153461 </us-gaap:CommonStockSharesIssued>
<us-gaap:StockholdersEquity contextRef="I2020-03-31" unitRef="USD" decimals="-3"> -255000 </us-gaap:StockholdersEquity>
<us-gaap:StockholdersEquity contextRef="AsOf2020-03-31_us-gaap_CommonStockMember" unitRef="USD" decimals="-3"> 52000 </us-gaap:StockholdersEquity>
<us-gaap:StockholdersEquity contextRef="AsOf2020-03-31_us-gaap_AdditionalPaidInCapitalMember" unitRef="USD" decimals="-3"> 1911000 </us-gaap:StockholdersEquity>
<us-gaap:StockholdersEquity contextRef="AsOf2020-03-31_us-gaap_RetainedEarningsMember" unitRef="USD" decimals="-3"> -2218000 </us-gaap:StockholdersEquity>
<us-gaap:StockholdersEquity contextRef="AsOf2020-03-31_custom_PreferredStockSeriesAMember" unitRef="USD" id="Foot-00-0" xsi:nil="true"/>
<us-gaap:StockholdersEquity contextRef="AsOf2020-03-31_custom_PreferredStockSeriesAMember135224625" unitRef="USD" id="Foot-00-1" xsi:nil="true"/>
<us-gaap:StockholdersEquity contextRef="AsOf2019-12-31" unitRef="USD" decimals="-3"> -238000 </us-gaap:StockholdersEquity>
<us-gaap:StockholdersEquity contextRef="AsOf2019-12-31_us-gaap_CommonStockMember" unitRef="USD" decimals="-3"> 52000 </us-gaap:StockholdersEquity>
<us-gaap:StockholdersEquity contextRef="AsOf2019-12-31_custom_PreferredStockSeriesAMember" unitRef="USD" id="Foot-00-2" xsi:nil="true"/>
<us-gaap:StockholdersEquity contextRef="AsOf2019-12-31_custom_PreferredStockSeriesCMember" unitRef="USD" id="Foot-00-3" xsi:nil="true"/>
<us-gaap:StockholdersEquity contextRef="AsOf2019-12-31_us-gaap_AdditionalPaidInCapitalMember" unitRef="USD" decimals="-3"> 1907000 </us-gaap:StockholdersEquity>
<us-gaap:StockholdersEquity contextRef="AsOf2019-12-31_us-gaap_RetainedEarningsMember" unitRef="USD" decimals="-3"> -2197000 </us-gaap:StockholdersEquity>
<us-gaap:StockholdersEquity contextRef="AsOf2019-03-31" unitRef="USD" decimals="-3"> -151000 </us-gaap:StockholdersEquity>
<us-gaap:StockholdersEquity contextRef="AsOf2019-03-31_us-gaap_CommonStockMember" unitRef="USD" decimals="-3"> 52000 </us-gaap:StockholdersEquity>
<us-gaap:StockholdersEquity contextRef="AsOf2019-03-31_custom_PreferredStockSeriesAMember" unitRef="USD" id="Foot-00-4" xsi:nil="true"/>
<us-gaap:StockholdersEquity contextRef="AsOf2019-03-31_custom_PreferredStockSeriesCMember" unitRef="USD" id="Foot-00-5" xsi:nil="true"/>
<us-gaap:StockholdersEquity contextRef="AsOf2019-03-31_us-gaap_AdditionalPaidInCapitalMember" unitRef="USD" decimals="-3"> 1894000 </us-gaap:StockholdersEquity>
<us-gaap:StockholdersEquity contextRef="AsOf2019-03-31_us-gaap_RetainedEarningsMember" unitRef="USD" decimals="-3"> -2097000 </us-gaap:StockholdersEquity>
<us-gaap:StockholdersEquity contextRef="AsOf2018-12-31_us-gaap_CommonStockMember" unitRef="USD" decimals="-3"> 52000 </us-gaap:StockholdersEquity>
<us-gaap:StockholdersEquity contextRef="AsOf2018-12-31_custom_PreferredStockSeriesAMember" unitRef="USD" id="Foot-00-6" xsi:nil="true"/>
<us-gaap:StockholdersEquity contextRef="AsOf2018-12-31_custom_PreferredStockSeriesCMember" unitRef="USD" id="Foot-00-7" xsi:nil="true"/>
<us-gaap:StockholdersEquity contextRef="AsOf2018-12-31_us-gaap_AdditionalPaidInCapitalMember" unitRef="USD" decimals="-3"> 1571000 </us-gaap:StockholdersEquity>
<us-gaap:StockholdersEquity contextRef="AsOf2018-12-31_us-gaap_RetainedEarningsMember" unitRef="USD" decimals="-3"> -1920000 </us-gaap:StockholdersEquity>
<us-gaap:StockholdersEquity contextRef="AsOf2018-12-31" unitRef="USD" decimals="-3"> -297000 </us-gaap:StockholdersEquity>
<us-gaap:CommonStockSharesOutstanding contextRef="I2020-03-31" unitRef="Shares" decimals="INF"> 5153461 </us-gaap:CommonStockSharesOutstanding>
<us-gaap:CommonStockSharesOutstanding contextRef="AsOf2020-03-31_us-gaap_CommonStockMember" unitRef="Shares" decimals="INF"> 5153461 </us-gaap:CommonStockSharesOutstanding>
<us-gaap:CommonStockSharesOutstanding contextRef="AsOf2020-03-31_custom_PreferredStockSeriesAMember" unitRef="Shares" decimals="INF"> 453 </us-gaap:CommonStockSharesOutstanding>
<us-gaap:CommonStockSharesOutstanding contextRef="AsOf2020-03-31_custom_PreferredStockSeriesAMember135224625" unitRef="Shares" decimals="INF"> 250 </us-gaap:CommonStockSharesOutstanding>
<us-gaap:CommonStockSharesOutstanding contextRef="AsOf2019-12-31" unitRef="Shares" decimals="INF"> 5153461 </us-gaap:CommonStockSharesOutstanding>
<us-gaap:CommonStockSharesOutstanding contextRef="AsOf2019-12-31_us-gaap_CommonStockMember" unitRef="Shares" decimals="INF"> 5153461 </us-gaap:CommonStockSharesOutstanding>
<us-gaap:CommonStockSharesOutstanding contextRef="AsOf2019-12-31_custom_PreferredStockSeriesAMember" unitRef="Shares" decimals="INF"> 453 </us-gaap:CommonStockSharesOutstanding>
<us-gaap:CommonStockSharesOutstanding contextRef="AsOf2019-12-31_custom_PreferredStockSeriesCMember" unitRef="Shares" decimals="INF"> 250 </us-gaap:CommonStockSharesOutstanding>
<us-gaap:CommonStockSharesOutstanding contextRef="AsOf2019-03-31_us-gaap_CommonStockMember" unitRef="Shares" decimals="INF"> 5153461 </us-gaap:CommonStockSharesOutstanding>
<us-gaap:CommonStockSharesOutstanding contextRef="AsOf2019-03-31_custom_PreferredStockSeriesAMember" unitRef="Shares" decimals="INF"> 453 </us-gaap:CommonStockSharesOutstanding>
<us-gaap:CommonStockSharesOutstanding contextRef="AsOf2019-03-31_custom_PreferredStockSeriesCMember" unitRef="Shares" decimals="INF"> 250 </us-gaap:CommonStockSharesOutstanding>
<us-gaap:CommonStockSharesOutstanding contextRef="AsOf2018-12-31_us-gaap_CommonStockMember" unitRef="Shares" decimals="INF"> 5153461 </us-gaap:CommonStockSharesOutstanding>
<us-gaap:CommonStockSharesOutstanding contextRef="AsOf2018-12-31_custom_PreferredStockSeriesAMember" unitRef="Shares" decimals="INF"> 453 </us-gaap:CommonStockSharesOutstanding>
<us-gaap:CommonStockSharesOutstanding contextRef="AsOf2018-12-31_custom_PreferredStockSeriesCMember" unitRef="Shares" decimals="INF"> 250 </us-gaap:CommonStockSharesOutstanding>
<dei:EntityRegistrantName contextRef="D2020-01-01_To_2020-03-31"> Artemis Therapeutics, Inc. </dei:EntityRegistrantName>
<dei:EntityCentralIndexKey contextRef="D2020-01-01_To_2020-03-31"> 0001062128 </dei:EntityCentralIndexKey>
<dei:DocumentType contextRef="D2020-01-01_To_2020-03-31"> 10-Q </dei:DocumentType>
<dei:DocumentPeriodEndDate contextRef="D2020-01-01_To_2020-03-31"> 2020-03-31 </dei:DocumentPeriodEndDate>
<dei:AmendmentFlag contextRef="D2020-01-01_To_2020-03-31"> false </dei:AmendmentFlag>
<dei:CurrentFiscalYearEndDate contextRef="D2020-01-01_To_2020-03-31"> --12-31 </dei:CurrentFiscalYearEndDate>
<dei:DocumentFiscalYearFocus contextRef="D2020-01-01_To_2020-03-31"> 2020 </dei:DocumentFiscalYearFocus>
<dei:DocumentFiscalPeriodFocus contextRef="D2020-01-01_To_2020-03-31"> Q1 </dei:DocumentFiscalPeriodFocus>
<us-gaap:NetIncomeLoss contextRef="D2020-01-01_To_2020-03-31" unitRef="USD" decimals="-3"> -21000 </us-gaap:NetIncomeLoss>
<us-gaap:NetIncomeLoss contextRef="From2019-01-01to2019-03-31_us-gaap_CommonStockMember" unitRef="USD" xsi:nil="true"/>
<us-gaap:NetIncomeLoss contextRef="From2019-01-01to2019-03-31_custom_PreferredStockSeriesAMember" unitRef="USD" xsi:nil="true"/>
<us-gaap:NetIncomeLoss contextRef="From2019-01-01to2019-03-31_custom_PreferredStockSeriesCMember" unitRef="USD" xsi:nil="true"/>
<us-gaap:NetIncomeLoss contextRef="From2019-01-01to2019-03-31_us-gaap_AdditionalPaidInCapitalMember" unitRef="USD" xsi:nil="true"/>
<us-gaap:NetIncomeLoss contextRef="From2019-01-01to2019-03-31_us-gaap_RetainedEarningsMember" unitRef="USD" decimals="-3"> -21000 </us-gaap:NetIncomeLoss>
<us-gaap:NetIncomeLoss contextRef="From2020-01-01to2020-03-31_us-gaap_CommonStockMember" unitRef="USD" xsi:nil="true"/>
<us-gaap:NetIncomeLoss contextRef="From2020-01-01to2020-03-31_custom_PreferredStockSeriesAMember" unitRef="USD" xsi:nil="true"/>
<us-gaap:NetIncomeLoss contextRef="From2020-01-01to2020-03-31_custom_PreferredStockSeriesCMember" unitRef="USD" xsi:nil="true"/>
<us-gaap:NetIncomeLoss contextRef="From2020-01-01to2020-03-31_us-gaap_AdditionalPaidInCapitalMember" unitRef="USD" xsi:nil="true"/>
<us-gaap:NetIncomeLoss contextRef="From2020-01-01to2020-03-31_us-gaap_RetainedEarningsMember" unitRef="USD" decimals="-3"> -21000 </us-gaap:NetIncomeLoss>
<us-gaap:NetIncomeLoss contextRef="From2019-01-01to2019-03-31" unitRef="USD" decimals="-3"> -21000 </us-gaap:NetIncomeLoss>
<us-gaap:ConvertiblePreferredStockSharesIssuedUponConversion contextRef="AsOf2017-10-31_us-gaap_SeriesCPreferredStockMember" unitRef="Shares" decimals="INF"> 1000 </us-gaap:ConvertiblePreferredStockSharesIssuedUponConversion>
<us-gaap:DeferredTaxAssetsOperatingLossCarryforwards contextRef="I2020-03-31" unitRef="USD" decimals="-3"> 2883000 </us-gaap:DeferredTaxAssetsOperatingLossCarryforwards>
<us-gaap:DeferredTaxAssetsOperatingLossCarryforwards contextRef="AsOf2019-12-31" unitRef="USD" decimals="-3"> 2879000 </us-gaap:DeferredTaxAssetsOperatingLossCarryforwards>
<us-gaap:DeferredTaxAssetsValuationAllowance contextRef="I2020-03-31" unitRef="USD" decimals="-3"> 2883000 </us-gaap:DeferredTaxAssetsValuationAllowance>
<us-gaap:DeferredTaxAssetsValuationAllowance contextRef="AsOf2019-12-31" unitRef="USD" decimals="-3"> 2879000 </us-gaap:DeferredTaxAssetsValuationAllowance>
<us-gaap:DeferredTaxAssetsNet contextRef="I2020-03-31" unitRef="USD" xsi:nil="true"/>
<us-gaap:DeferredTaxAssetsNet contextRef="AsOf2019-12-31" unitRef="USD" xsi:nil="true"/>
<us-gaap:EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate contextRef="From2020-01-01to2020-03-31_us-gaap_IsraelTaxAuthorityMember" unitRef="Pure" decimals="INF"> 0.23 </us-gaap:EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate>
<us-gaap:EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate contextRef="From2020-01-01to2020-03-31_custom_UnitedStatesTaxAuthorityMember" unitRef="Pure" decimals="INF"> 0.21 </us-gaap:EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate>
<us-gaap:ShareBasedCompensation contextRef="D2020-01-01_To_2020-03-31" unitRef="USD" decimals="-3"> 4000 </us-gaap:ShareBasedCompensation>
<us-gaap:ShareBasedCompensation contextRef="From2017-07-01to2017-07-31_us-gaap_ResearchAndDevelopmentExpenseMember" unitRef="USD" decimals="-3"> 35202000 </us-gaap:ShareBasedCompensation>
<us-gaap:ShareBasedCompensation contextRef="From2019-01-01to2019-03-31" unitRef="USD" decimals="-3"> 4000 </us-gaap:ShareBasedCompensation>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross contextRef="D2020-01-01_To_2020-03-31" unitRef="Shares" xsi:nil="true"/>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross contextRef="From2016-08-01to2016-08-22" unitRef="Shares" decimals="INF"> 126730 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber contextRef="I2020-03-31" unitRef="Shares" decimals="INF"> 141528 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber contextRef="AsOf2020-03-31_custom_RangeOneMember" unitRef="Shares" decimals="INF"> 91528 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber contextRef="AsOf2020-03-31_custom_RangeTwoMember" unitRef="Shares" decimals="INF"> 50000 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber contextRef="AsOf2020-03-31_custom_RangeFourMember" unitRef="Shares" decimals="INF"> 141528 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber contextRef="AsOf2019-12-31" unitRef="Shares" decimals="INF"> 141528 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber contextRef="AsOf2019-12-31_custom_RangeOneMember" unitRef="Shares" decimals="INF"> 91528 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber contextRef="AsOf2019-12-31_custom_RangeTwoMember" unitRef="Shares" decimals="INF"> 50000 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber contextRef="AsOf2019-12-31_custom_RangeFourMember" unitRef="Shares" decimals="INF"> 141528 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod contextRef="D2020-01-01_To_2020-03-31" unitRef="Shares" xsi:nil="true"/>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice contextRef="I2020-03-31" unitRef="USDPerShare" decimals="INF"> 0.47 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice contextRef="AsOf2020-03-31_custom_RangeOneMember" unitRef="USDPerShare" decimals="INF"> 0.01 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice contextRef="AsOf2020-03-31_custom_RangeTwoMember" unitRef="USDPerShare" decimals="INF"> 1.30 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice contextRef="AsOf2020-03-31_custom_RangeFourMember" unitRef="USDPerShare" decimals="INF"> 0.83 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice contextRef="AsOf2019-12-31" unitRef="USDPerShare" decimals="INF"> 0.47 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice contextRef="AsOf2019-12-31_custom_RangeOneMember" unitRef="USDPerShare" decimals="INF"> 0.01 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice contextRef="AsOf2019-12-31_custom_RangeTwoMember" unitRef="USDPerShare" decimals="INF"> 1.30 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice contextRef="AsOf2019-12-31_custom_RangeFourMember" unitRef="USDPerShare" decimals="INF"> 0.83 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice>
<us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice contextRef="D2020-01-01_To_2020-03-31" unitRef="USDPerShare" xsi:nil="true"/>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber contextRef="I2020-03-31" unitRef="Shares" decimals="INF"> 118611 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber contextRef="AsOf2020-03-31_custom_RangeOneMember" unitRef="Shares" decimals="INF"> 91528 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber contextRef="AsOf2020-03-31_custom_RangeTwoMember" unitRef="Shares" decimals="INF"> 27083 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber contextRef="AsOf2020-03-31_custom_RangeFourMember" unitRef="Shares" decimals="INF"> 118611 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber contextRef="AsOf2019-12-31_custom_RangeOneMember" unitRef="Shares" decimals="INF"> 91528 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber contextRef="AsOf2019-12-31_custom_RangeTwoMember" unitRef="Shares" decimals="INF"> 23958 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber contextRef="AsOf2019-12-31_custom_RangeFourMember" unitRef="Shares" decimals="INF"> 115486 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber>
<us-gaap:RetainedEarningsAccumulatedDeficit contextRef="I2020-03-31" unitRef="USD" decimals="-3"> -2218000 </us-gaap:RetainedEarningsAccumulatedDeficit>
<us-gaap:RetainedEarningsAccumulatedDeficit contextRef="AsOf2019-12-31" unitRef="USD" decimals="-3"> -2197000 </us-gaap:RetainedEarningsAccumulatedDeficit>
<us-gaap:AdditionalPaidInCapital contextRef="I2020-03-31" unitRef="USD" decimals="-3"> 1911000 </us-gaap:AdditionalPaidInCapital>
<us-gaap:AdditionalPaidInCapital contextRef="AsOf2019-12-31" unitRef="USD" decimals="-3"> 1907000 </us-gaap:AdditionalPaidInCapital>
<us-gaap:CommonStockValue contextRef="I2020-03-31" unitRef="USD" decimals="-3"> 52000 </us-gaap:CommonStockValue>
<us-gaap:CommonStockValue contextRef="AsOf2019-12-31" unitRef="USD" decimals="-3"> 52000 </us-gaap:CommonStockValue>
<us-gaap:PreferredStockSharesIssued contextRef="AsOf2020-03-31_us-gaap_SeriesAPreferredStockMember" unitRef="Shares" decimals="INF"> 453 </us-gaap:PreferredStockSharesIssued>
<us-gaap:PreferredStockSharesIssued contextRef="AsOf2020-03-31_us-gaap_SeriesCPreferredStockMember" unitRef="Shares" decimals="INF"> 250 </us-gaap:PreferredStockSharesIssued>
<us-gaap:PreferredStockSharesIssued contextRef="AsOf2019-12-31_us-gaap_SeriesAPreferredStockMember" unitRef="Shares" decimals="INF"> 453 </us-gaap:PreferredStockSharesIssued>
<us-gaap:PreferredStockSharesIssued contextRef="AsOf2019-12-31_us-gaap_SeriesCPreferredStockMember" unitRef="Shares" decimals="INF"> 250 </us-gaap:PreferredStockSharesIssued>
<us-gaap:PreferredStockSharesOutstanding contextRef="AsOf2020-03-31_us-gaap_SeriesAPreferredStockMember" unitRef="Shares" decimals="INF"> 453 </us-gaap:PreferredStockSharesOutstanding>
<us-gaap:PreferredStockSharesOutstanding contextRef="AsOf2020-03-31_us-gaap_SeriesCPreferredStockMember" unitRef="Shares" decimals="INF"> 250 </us-gaap:PreferredStockSharesOutstanding>
<us-gaap:PreferredStockSharesOutstanding contextRef="AsOf2019-12-31_us-gaap_SeriesAPreferredStockMember" unitRef="Shares" decimals="INF"> 453 </us-gaap:PreferredStockSharesOutstanding>
<us-gaap:PreferredStockSharesOutstanding contextRef="AsOf2019-12-31_us-gaap_SeriesCPreferredStockMember" unitRef="Shares" decimals="INF"> 250 </us-gaap:PreferredStockSharesOutstanding>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue contextRef="D2020-01-01_To_2020-03-31" unitRef="USD" decimals="-3"> 3844000 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue>
<us-gaap:PreferredStockDividendsAndOtherAdjustments contextRef="D2020-01-01_To_2020-03-31" unitRef="USD" decimals="-3"> -3000 </us-gaap:PreferredStockDividendsAndOtherAdjustments>
<us-gaap:PreferredStockDividendsAndOtherAdjustments contextRef="From2019-01-01to2019-03-31" unitRef="USD" decimals="-3"> -3000 </us-gaap:PreferredStockDividendsAndOtherAdjustments>
<atms:CompensationRelatedToShareOptionPlan contextRef="D2020-01-01_To_2020-03-31" unitRef="USD" decimals="-3"> 4000 </atms:CompensationRelatedToShareOptionPlan>
<atms:CompensationRelatedToShareOptionPlan contextRef="From2019-01-01to2019-03-31_us-gaap_CommonStockMember" unitRef="USD" xsi:nil="true"/>
<atms:CompensationRelatedToShareOptionPlan contextRef="From2019-01-01to2019-03-31_custom_PreferredStockSeriesAMember" unitRef="USD" xsi:nil="true"/>
<atms:CompensationRelatedToShareOptionPlan contextRef="From2019-01-01to2019-03-31_custom_PreferredStockSeriesCMember" unitRef="USD" xsi:nil="true"/>
<atms:CompensationRelatedToShareOptionPlan contextRef="From2019-01-01to2019-03-31_us-gaap_AdditionalPaidInCapitalMember" unitRef="USD" decimals="-3"> 4000 </atms:CompensationRelatedToShareOptionPlan>
<atms:CompensationRelatedToShareOptionPlan contextRef="From2019-01-01to2019-03-31_us-gaap_RetainedEarningsMember" unitRef="USD" xsi:nil="true"/>
<atms:CompensationRelatedToShareOptionPlan contextRef="From2020-01-01to2020-03-31_us-gaap_CommonStockMember" unitRef="USD" xsi:nil="true"/>
<atms:CompensationRelatedToShareOptionPlan contextRef="From2020-01-01to2020-03-31_custom_PreferredStockSeriesAMember" unitRef="USD" xsi:nil="true"/>
<atms:CompensationRelatedToShareOptionPlan contextRef="From2020-01-01to2020-03-31_custom_PreferredStockSeriesCMember" unitRef="USD" xsi:nil="true"/>
<atms:CompensationRelatedToShareOptionPlan contextRef="From2020-01-01to2020-03-31_us-gaap_AdditionalPaidInCapitalMember" unitRef="USD" decimals="-3"> 4000 </atms:CompensationRelatedToShareOptionPlan>
<atms:CompensationRelatedToShareOptionPlan contextRef="From2019-01-01to2019-03-31" unitRef="USD" decimals="-3"> 4000 </atms:CompensationRelatedToShareOptionPlan>
<us-gaap:StockIssuedDuringPeriodSharesStockOptionsExercised contextRef="D2020-01-01_To_2020-03-31" unitRef="Shares" xsi:nil="true"/>
<us-gaap:Assets contextRef="I2020-03-31" unitRef="USD" decimals="-3"> 13000 </us-gaap:Assets>
<us-gaap:Assets contextRef="AsOf2019-12-31" unitRef="USD" decimals="-3"> 22000 </us-gaap:Assets>
<us-gaap:AssetsCurrent contextRef="I2020-03-31" unitRef="USD" decimals="-3"> 13000 </us-gaap:AssetsCurrent>
<us-gaap:AssetsCurrent contextRef="AsOf2019-12-31" unitRef="USD" decimals="-3"> 22000 </us-gaap:AssetsCurrent>
<us-gaap:PrepaidExpenseAndOtherAssetsCurrent contextRef="I2020-03-31" unitRef="USD" decimals="-3"> 11000 </us-gaap:PrepaidExpenseAndOtherAssetsCurrent>
<us-gaap:PrepaidExpenseAndOtherAssetsCurrent contextRef="AsOf2019-12-31" unitRef="USD" decimals="-3"> 20000 </us-gaap:PrepaidExpenseAndOtherAssetsCurrent>
<us-gaap:LiabilitiesAndStockholdersEquity contextRef="I2020-03-31" unitRef="USD" decimals="-3"> 13000 </us-gaap:LiabilitiesAndStockholdersEquity>
<us-gaap:LiabilitiesAndStockholdersEquity contextRef="AsOf2019-12-31" unitRef="USD" decimals="-3"> 22000 </us-gaap:LiabilitiesAndStockholdersEquity>
<us-gaap:PreferredStockParOrStatedValuePerShare contextRef="AsOf2020-03-31_us-gaap_SeriesAPreferredStockMember" unitRef="USDPerShare" decimals="INF"> 0.01 </us-gaap:PreferredStockParOrStatedValuePerShare>
<us-gaap:PreferredStockParOrStatedValuePerShare contextRef="AsOf2020-03-31_us-gaap_SeriesCPreferredStockMember" unitRef="USDPerShare" decimals="INF"> 0.01 </us-gaap:PreferredStockParOrStatedValuePerShare>
<us-gaap:PreferredStockParOrStatedValuePerShare contextRef="AsOf2019-12-31_us-gaap_SeriesAPreferredStockMember" unitRef="USDPerShare" decimals="INF"> 0.01 </us-gaap:PreferredStockParOrStatedValuePerShare>
<us-gaap:PreferredStockParOrStatedValuePerShare contextRef="AsOf2019-12-31_us-gaap_SeriesCPreferredStockMember" unitRef="USDPerShare" decimals="INF"> 0.01 </us-gaap:PreferredStockParOrStatedValuePerShare>
<us-gaap:PreferredStockSharesAuthorized contextRef="AsOf2020-03-31_us-gaap_SeriesAPreferredStockMember" unitRef="Shares" decimals="INF"> 10000000 </us-gaap:PreferredStockSharesAuthorized>
<us-gaap:PreferredStockSharesAuthorized contextRef="AsOf2020-03-31_us-gaap_SeriesCPreferredStockMember" unitRef="Shares" decimals="INF"> 250 </us-gaap:PreferredStockSharesAuthorized>
<us-gaap:PreferredStockSharesAuthorized contextRef="AsOf2019-12-31_us-gaap_SeriesAPreferredStockMember" unitRef="Shares" decimals="INF"> 10000000 </us-gaap:PreferredStockSharesAuthorized>
<us-gaap:PreferredStockSharesAuthorized contextRef="AsOf2019-12-31_us-gaap_SeriesCPreferredStockMember" unitRef="Shares" decimals="INF"> 250 </us-gaap:PreferredStockSharesAuthorized>
<us-gaap:EarningsPerShareBasicAndDiluted contextRef="D2020-01-01_To_2020-03-31" unitRef="USDPerShare" decimals="INF"> 0.003 </us-gaap:EarningsPerShareBasicAndDiluted>
<us-gaap:EarningsPerShareBasicAndDiluted contextRef="From2019-01-01to2019-03-31" unitRef="USDPerShare" decimals="INF"> 0.003 </us-gaap:EarningsPerShareBasicAndDiluted>
<us-gaap:WeightedAverageNumberOfSharesOutstandingBasic contextRef="D2020-01-01_To_2020-03-31" unitRef="Shares" decimals="INF"> 5153461 </us-gaap:WeightedAverageNumberOfSharesOutstandingBasic>
<us-gaap:WeightedAverageNumberOfSharesOutstandingBasic contextRef="From2019-01-01to2019-03-31" unitRef="Shares" decimals="INF"> 5153461 </us-gaap:WeightedAverageNumberOfSharesOutstandingBasic>
<us-gaap:NetCashProvidedByUsedInOperatingActivities contextRef="D2020-01-01_To_2020-03-31" unitRef="USD" decimals="-3"> -2000 </us-gaap:NetCashProvidedByUsedInOperatingActivities>
<us-gaap:NetCashProvidedByUsedInOperatingActivities contextRef="From2019-01-01to2019-03-31" unitRef="USD" decimals="-3"> -5000 </us-gaap:NetCashProvidedByUsedInOperatingActivities>
<us-gaap:IncreaseDecreaseInAccruedLiabilities contextRef="D2020-01-01_To_2020-03-31" unitRef="USD" decimals="-3"> 6000 </us-gaap:IncreaseDecreaseInAccruedLiabilities>
<us-gaap:IncreaseDecreaseInAccruedLiabilities contextRef="From2019-01-01to2019-03-31" unitRef="USD" decimals="-3"> 8000 </us-gaap:IncreaseDecreaseInAccruedLiabilities>
<atms:IncreaseDecreaseInOtherAccountsReceivablesAndPrepaidExpenses contextRef="D2020-01-01_To_2020-03-31" unitRef="USD" decimals="-3"> -9000 </atms:IncreaseDecreaseInOtherAccountsReceivablesAndPrepaidExpenses>
<atms:IncreaseDecreaseInOtherAccountsReceivablesAndPrepaidExpenses contextRef="From2019-01-01to2019-03-31" unitRef="USD" decimals="-3"> -4000 </atms:IncreaseDecreaseInOtherAccountsReceivablesAndPrepaidExpenses>
<us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease contextRef="D2020-01-01_To_2020-03-31" unitRef="USD" decimals="-3"> 0 </us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease>
<us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease contextRef="From2019-01-01to2019-03-31" unitRef="USD" decimals="-3"> 15000 </us-gaap:CashAndCashEquivalentsPeriodIncreaseDecrease>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardExpirationDate contextRef="From2020-01-01to2020-03-31_custom_OctoberTwoThousandSeventeenMember"> 2022-10-30 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardExpirationDate>
<us-gaap:NetIncomeLossAvailableToCommonStockholdersBasic contextRef="D2020-01-01_To_2020-03-31" unitRef="USD" decimals="-3"> 18000 </us-gaap:NetIncomeLossAvailableToCommonStockholdersBasic>
<us-gaap:NetIncomeLossAvailableToCommonStockholdersBasic contextRef="From2019-01-01to2019-03-31" unitRef="USD" decimals="-3"> 18000 </us-gaap:NetIncomeLossAvailableToCommonStockholdersBasic>
<us-gaap:StockIssuedDuringPeriodValueNewIssues contextRef="From2016-08-01to2016-08-31_us-gaap_CommonStockMember" unitRef="USD" decimals="-3"> 481000 </us-gaap:StockIssuedDuringPeriodValueNewIssues>
<us-gaap:StockIssuedDuringPeriodValueNewIssues contextRef="From2016-08-01to2016-08-31_us-gaap_SeriesAPreferredStockMember" unitRef="USD" decimals="-3"> 453000 </us-gaap:StockIssuedDuringPeriodValueNewIssues>
<us-gaap:StockIssuedDuringPeriodValueNewIssues contextRef="From2017-10-01to2017-10-31" unitRef="USD" decimals="-3"> 550000 </us-gaap:StockIssuedDuringPeriodValueNewIssues>
<us-gaap:StockIssuedDuringPeriodSharesNewIssues contextRef="From2016-08-01to2016-08-31_us-gaap_CommonStockMember" unitRef="Shares" decimals="INF"> 68321 </us-gaap:StockIssuedDuringPeriodSharesNewIssues>
<us-gaap:StockIssuedDuringPeriodSharesNewIssues contextRef="From2016-08-01to2016-08-31_us-gaap_SeriesAPreferredStockMember" unitRef="Shares" decimals="INF"> 658498 </us-gaap:StockIssuedDuringPeriodSharesNewIssues>
<us-gaap:StockIssuedDuringPeriodSharesNewIssues contextRef="From2017-10-01to2017-10-31" unitRef="Shares" decimals="INF"> 300000 </us-gaap:StockIssuedDuringPeriodSharesNewIssues>
<us-gaap:StockIssuedDuringPeriodSharesNewIssues contextRef="From2017-10-01to2017-10-31_us-gaap_CommonStockMember" unitRef="Shares" decimals="INF"> 250 </us-gaap:StockIssuedDuringPeriodSharesNewIssues>
<us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod contextRef="From2016-08-01to2016-08-22"> P10Y </us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod>
<us-gaap:FairValueAdjustmentOfWarrants contextRef="D2020-01-01_To_2020-03-31" unitRef="USD" decimals="-3"> 319000 </us-gaap:FairValueAdjustmentOfWarrants>
<us-gaap:CashAndCashEquivalentsAtCarryingValue contextRef="I2020-03-31" unitRef="USD" decimals="-3"> 2000 </us-gaap:CashAndCashEquivalentsAtCarryingValue>
<us-gaap:CashAndCashEquivalentsAtCarryingValue contextRef="AsOf2019-12-31" unitRef="USD" decimals="-3"> 2000 </us-gaap:CashAndCashEquivalentsAtCarryingValue>
<us-gaap:CashAndCashEquivalentsAtCarryingValue contextRef="AsOf2019-03-31" unitRef="USD" decimals="-3"> 22000 </us-gaap:CashAndCashEquivalentsAtCarryingValue>
<us-gaap:CashAndCashEquivalentsAtCarryingValue contextRef="AsOf2018-12-31" unitRef="USD" decimals="-3"> 7000 </us-gaap:CashAndCashEquivalentsAtCarryingValue>
<us-gaap:ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights contextRef="AsOf2017-10-31" unitRef="Shares" decimals="INF"> 275000 </us-gaap:ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights>
<us-gaap:ResearchAndDevelopmentExpense contextRef="D2020-01-01_To_2020-03-31" unitRef="USD" xsi:nil="true"/>
<us-gaap:ResearchAndDevelopmentExpense contextRef="From2019-01-01to2019-03-31" unitRef="USD" xsi:nil="true"/>
<us-gaap:GeneralAndAdministrativeExpense contextRef="D2020-01-01_To_2020-03-31" unitRef="USD" decimals="-3"> 19000 </us-gaap:GeneralAndAdministrativeExpense>
<us-gaap:GeneralAndAdministrativeExpense contextRef="From2019-01-01to2019-03-31" unitRef="USD" decimals="-3"> 20000 </us-gaap:GeneralAndAdministrativeExpense>
<us-gaap:PreferredStockValue contextRef="AsOf2020-03-31_us-gaap_SeriesAPreferredStockMember" unitRef="USD" id="Foot-00-8" xsi:nil="true"/>
<us-gaap:PreferredStockValue contextRef="AsOf2020-03-31_us-gaap_SeriesCPreferredStockMember" unitRef="USD" id="Foot-00-9" xsi:nil="true"/>
<us-gaap:PreferredStockValue contextRef="AsOf2019-12-31_us-gaap_SeriesAPreferredStockMember" unitRef="USD" id="Foot-00-10" xsi:nil="true"/>
<us-gaap:PreferredStockValue contextRef="AsOf2019-12-31_us-gaap_SeriesCPreferredStockMember" unitRef="USD" id="Foot-00-11" xsi:nil="true"/>
<us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1 contextRef="From2019-01-01to2019-12-31_custom_RangeOneMember"> P6Y7M24D </us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1>
<us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1 contextRef="From2019-01-01to2019-12-31_custom_RangeTwoMember"> P8Y2M16D </us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1>
<us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1 contextRef="From2019-01-01to2019-12-31_custom_RangeFourMember"> P7Y2M1D </us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1>
<us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1 contextRef="From2020-01-01to2020-03-31_custom_RangeOneMember"> P6Y4M24D </us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1>
<us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1 contextRef="From2020-01-01to2020-03-31_custom_RangeTwoMember"> P7Y11M15D </us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1>
<us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1 contextRef="From2020-01-01to2020-03-31_custom_RangeFourMember"> P6Y11M1D </us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1>
<us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice contextRef="D2020-01-01_To_2020-03-31" unitRef="USDPerShare" xsi:nil="true"/>
<us-gaap:ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice contextRef="D2020-01-01_To_2020-03-31" unitRef="USDPerShare" xsi:nil="true"/>
<dei:EntityFilerCategory contextRef="D2020-01-01_To_2020-03-31"> Non-accelerated Filer </dei:EntityFilerCategory>
<dei:EntitySmallBusiness contextRef="D2020-01-01_To_2020-03-31"> true </dei:EntitySmallBusiness>
<dei:EntityEmergingGrowthCompany contextRef="D2020-01-01_To_2020-03-31"> false </dei:EntityEmergingGrowthCompany>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingRights contextRef="From2016-08-01to2016-08-22"> One third of the options vested on the grant date, and one third of the options vest upon the first and second anniversaries of the grant date, with the option becoming fully vested on August 22, 2018. </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingRights>
<us-gaap:AccruedLiabilitiesCurrent contextRef="I2020-03-31" unitRef="USD" decimals="-3"> 163000 </us-gaap:AccruedLiabilitiesCurrent>
<us-gaap:AccruedLiabilitiesCurrent contextRef="AsOf2019-12-31" unitRef="USD" decimals="-3"> 157000 </us-gaap:AccruedLiabilitiesCurrent>
<us-gaap:LiabilitiesCurrent contextRef="I2020-03-31" unitRef="USD" decimals="-3"> 163000 </us-gaap:LiabilitiesCurrent>
<us-gaap:LiabilitiesCurrent contextRef="AsOf2019-12-31" unitRef="USD" decimals="-3"> 157000 </us-gaap:LiabilitiesCurrent>
<us-gaap:Liabilities contextRef="I2020-03-31" unitRef="USD" decimals="-3"> 268000 </us-gaap:Liabilities>
<us-gaap:Liabilities contextRef="AsOf2019-12-31" unitRef="USD" decimals="-3"> 260000 </us-gaap:Liabilities>
<atms:MergerAgreementRequiredFinancingAmount contextRef="AsOf2016-05-31_custom_WithinSevenMonthsOfClosingMember" unitRef="USD" decimals="-3"> 700000 </atms:MergerAgreementRequiredFinancingAmount>
<atms:MergerAgreementRequiredFinancingAmount contextRef="AsOf2016-05-31_custom_WithinTwelveMonthsOfEffectiveTimeMember" unitRef="USD" decimals="-3"> 1000000 </atms:MergerAgreementRequiredFinancingAmount>
<atms:MergerAgreementRequiredFinancingAmount contextRef="AsOf2016-05-31_custom_WithinTwentyFourMonthsOfEffectiveTimeMember" unitRef="USD" decimals="-3"> 2000000 </atms:MergerAgreementRequiredFinancingAmount>
<us-gaap:OperatingLossCarryforwards contextRef="I2020-03-31" unitRef="USD" decimals="-3"> 13265000 </us-gaap:OperatingLossCarryforwards>
<us-gaap:OperatingLossCarryforwards contextRef="AsOf2020-03-31_us-gaap_IsraelTaxAuthorityMember" unitRef="USD" decimals="-3"> 4887000 </us-gaap:OperatingLossCarryforwards>
<us-gaap:OperatingLossCarryforwards contextRef="AsOf2020-03-31_custom_UnitedStatesTaxAuthorityMember" unitRef="USD" id="Foot-01-0" decimals="-3"> 8378000 </us-gaap:OperatingLossCarryforwards>
<us-gaap:OperatingLossCarryforwards contextRef="AsOf2019-12-31" unitRef="USD" decimals="-3"> 13245000 </us-gaap:OperatingLossCarryforwards>
<us-gaap:OperatingLossCarryforwards contextRef="AsOf2019-12-31_us-gaap_IsraelTaxAuthorityMember" unitRef="USD" decimals="-3"> 4887000 </us-gaap:OperatingLossCarryforwards>
<us-gaap:OperatingLossCarryforwards contextRef="AsOf2019-12-31_custom_UnitedStatesTaxAuthorityMember" unitRef="USD" id="Foot-01-1" decimals="-3"> 8358000 </us-gaap:OperatingLossCarryforwards>
<us-gaap:ProceedsFromRelatedPartyDebt contextRef="D2020-01-01_To_2020-03-31" unitRef="USD" decimals="-3"> 2000 </us-gaap:ProceedsFromRelatedPartyDebt>
<us-gaap:ProceedsFromRelatedPartyDebt contextRef="From2019-02-22to2019-03-22" unitRef="USD" decimals="-3"> 20000 </us-gaap:ProceedsFromRelatedPartyDebt>
<us-gaap:ProceedsFromRelatedPartyDebt contextRef="From2019-03-04to2019-04-04" unitRef="USD" decimals="-3"> 30000 </us-gaap:ProceedsFromRelatedPartyDebt>
<us-gaap:ProceedsFromRelatedPartyDebt contextRef="From2019-01-01to2019-03-31" unitRef="USD" decimals="-3"> 20000 </us-gaap:ProceedsFromRelatedPartyDebt>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice contextRef="I2020-03-31" unitRef="USDPerShare" decimals="INF"> 0.30 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue contextRef="I2020-03-31" unitRef="USD" decimals="-3"> 3844000 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue>
<us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue contextRef="AsOf2019-12-31" unitRef="USD" decimals="-3"> 3844000 </us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue>
<us-gaap:OperatingLossCarryforwardsExpirationDate contextRef="From2020-01-01to2020-03-31_custom_UnitedStatesTaxAuthorityMember"> 2027-12-31 </us-gaap:OperatingLossCarryforwardsExpirationDate>
<dei:EntityCurrentReportingStatus contextRef="D2020-01-01_To_2020-03-31"> Yes </dei:EntityCurrentReportingStatus>
<dei:EntityInteractiveDataCurrent contextRef="D2020-01-01_To_2020-03-31"> Yes </dei:EntityInteractiveDataCurrent>
<us-gaap:DebtInstrumentFaceAmount contextRef="AsOf2019-05-31" unitRef="USD" decimals="-3"> 100000 </us-gaap:DebtInstrumentFaceAmount>
<us-gaap:DebtInstrumentInterestRateStatedPercentage contextRef="AsOf2019-05-31" unitRef="Pure" decimals="INF"> 0.06 </us-gaap:DebtInstrumentInterestRateStatedPercentage>
<us-gaap:DebtInstrumentMaturityDate contextRef="From2019-05-02to2019-05-31"> 2021-06-30 </us-gaap:DebtInstrumentMaturityDate>
<us-gaap:ClassOfWarrantOrRightOutstanding contextRef="AsOf2020-03-31_custom_OctoberTwoThousandSeventeenMember" unitRef="Shares" decimals="INF"> 275000 </us-gaap:ClassOfWarrantOrRightOutstanding>
<us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1 contextRef="AsOf2020-03-31_custom_OctoberTwoThousandSeventeenMember" unitRef="USDPerShare" decimals="INF"> 2.00 </us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1>
<atms:AdoptionOfNewAccountingStandard contextRef="From2019-01-01to2019-03-31_us-gaap_CommonStockMember" unitRef="USD" xsi:nil="true"/>
<atms:AdoptionOfNewAccountingStandard contextRef="From2019-01-01to2019-03-31_custom_PreferredStockSeriesAMember" unitRef="USD" xsi:nil="true"/>
<atms:AdoptionOfNewAccountingStandard contextRef="From2019-01-01to2019-03-31_custom_PreferredStockSeriesCMember" unitRef="USD" xsi:nil="true"/>
<atms:AdoptionOfNewAccountingStandard contextRef="From2019-01-01to2019-03-31_us-gaap_AdditionalPaidInCapitalMember" unitRef="USD" decimals="-3"> 319000 </atms:AdoptionOfNewAccountingStandard>
<atms:AdoptionOfNewAccountingStandard contextRef="From2019-01-01to2019-03-31_us-gaap_RetainedEarningsMember" unitRef="USD" decimals="-3"> -156000 </atms:AdoptionOfNewAccountingStandard>
<atms:AdoptionOfNewAccountingStandard contextRef="From2019-01-01to2019-03-31" unitRef="USD" decimals="-3"> 163000 </atms:AdoptionOfNewAccountingStandard>
<dei:EntityIncorporationStateCountryCode contextRef="D2020-01-01_To_2020-03-31"> DE </dei:EntityIncorporationStateCountryCode>
<dei:EntityFileNumber contextRef="D2020-01-01_To_2020-03-31"> 0-24431 </dei:EntityFileNumber>
<dei:DocumentQuarterlyReport contextRef="D2020-01-01_To_2020-03-31"> true </dei:DocumentQuarterlyReport>
<dei:DocumentTransitionReport contextRef="D2020-01-01_To_2020-03-31"> false </dei:DocumentTransitionReport>
<us-gaap:DueToRelatedPartiesNoncurrent contextRef="I2020-03-31" unitRef="USD" decimals="-3"> 105000 </us-gaap:DueToRelatedPartiesNoncurrent>
<us-gaap:DueToRelatedPartiesNoncurrent contextRef="AsOf2019-12-31" unitRef="USD" decimals="-3"> 103000 </us-gaap:DueToRelatedPartiesNoncurrent>
<dei:EntityShellCompany contextRef="D2020-01-01_To_2020-03-31"> true </dei:EntityShellCompany>
<dei:EntityCommonStockSharesOutstanding contextRef="AsOf2020-05-14" unitRef="Shares" decimals="INF"> 5153461 </dei:EntityCommonStockSharesOutstanding>
<us-gaap:CommitmentsAndContingenciesDisclosureTextBlock contextRef="D2020-01-01_To_2020-03-31">
<div style="font: 10pt Times New Roman, Times, Serif"><div style="font: 10pt Times New Roman, Times, Serif"><div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">NOTE 3   - COMMITMENTS AND CONTINGENCIES</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-indent: -49.65pt; margin-left: 49.65pt">Agreement with Hadasit and RDC</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"> On May 31, 2016, Artemis entered into the License Agreement with Hadasit and RDC, pursuant to which Artemis acquired a worldwide, royalty-bearing license based on net sales to make any and all use of certain patents and know-how owned by Hadasit and RDC relating to Artemisone. Artemis will rely primarily on the License Agreement with respect to the development of Artemisone, its lead product candidate. As part of this agreement, Artemis agreed to certain development and investment milestones. Additionally, Artemis agreed to certain investment milestones, including the requirement to obtain financing of not less than $700,000 within seven months of the closing of the Merger on August 23, 2016 (such time, the “Effective Time”), $1 million within 12 months of the Effective Time and $2 million within 24 months of the Effective Time.  In the event that Artemis fails to meet development or investment milestones as set forth in the License Agreement, Hadasit has the right to terminate the License Agreement.</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"><br /> On January 10, 2019, the Company received the Notice from Hadasit regarding the immediate termination of the License Agreement. The License Agreement was terminated as a result of the non-payment for certain sponsored research fees, patent expenses, patent maintenance fees and consulting fees.</div></div></div>
</us-gaap:CommitmentsAndContingenciesDisclosureTextBlock>
<us-gaap:IncomeTaxDisclosureTextBlock contextRef="D2020-01-01_To_2020-03-31">
<div style="font: 10pt Times New Roman, Times, Serif"><div style="font: 10pt Times New Roman, Times, Serif"><div style="font: bold 10pt/1.25 Times New Roman, Times, Serif">NOTE 4 - INCOME TAX</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"> <div style="font: 10pt Times New Roman, Times, Serif"> <table cellspacing="0" cellpadding="0" id="z2f3cd92dc6dd4c7a9344752fcface32c" class="DSPFListTable" style="font: 10pt Times New Roman, Times, Serif; width: 100%; text-align: left; color: #000000"> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; width: 27pt; vertical-align: top"><b>A.</b></td> <td style="font: 10pt Times New Roman, Times, Serif; width: auto; vertical-align: top; text-align: justify"> <div style="font: bold 10pt Times New Roman, Times, Serif">Tax rates applicable to the income</div> </td> </tr> </table> </div> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-indent: 28pt"><u>U.S. corporate tax</u></div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">The maximum statutory federal tax rate in the US is 21%. The Company is not subject to current federal taxes, as it has incurred losses.</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-indent: 28pt"><u>Israel corporate tax</u></div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">The Company's subsidiary in Israel is subject to income tax at a regular corporate tax of 23%.</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"> <div style="font: 10pt Times New Roman, Times, Serif"> <table cellspacing="0" cellpadding="0" id="z110382fcbf5e429a842ff46b5a6426dd" class="DSPFListTable" style="font: 10pt Times New Roman, Times, Serif; width: 100%; text-align: left; color: #000000"> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; width: 27pt; vertical-align: top"><b>B.</b></td> <td style="font: 10pt Times New Roman, Times, Serif; width: auto; vertical-align: top; text-align: justify"> <div style="font: bold 10pt Times New Roman, Times, Serif">Deferred income taxes</div> </td> </tr> </table> </div> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">As the Company has not yet generated revenues, it is more likely than not that sufficient taxable income will not be available for the tax losses to be utilized in the future. Therefore, a valuation allowance was recorded to reduce the deferred tax assets to its recoverable amounts.</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <table align="right" cellspacing="0" cellpadding="0" border="0" id="za30c8c01ef544c77ab7c351bbcd39f82" style="font: 10pt Times New Roman, Times, Serif; width: 95%; color: #000000; text-align: left"> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: top; padding-bottom: 2px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="2" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">As of</div> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">March 31, 2020</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="2" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: top"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">As of</div> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">December 31,</div> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">2019</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom; padding-bottom: 2px"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: top"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: top"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: top"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: top; background-color: #CCEEFF"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify; text-indent: 7.1pt"><font style="font-weight: bold">Deferred tax assets</font>:</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; background-color: rgb(204, 238, 255)"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: top; background-color: #CCEEFF"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; background-color: rgb(204, 238, 255)"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: top; background-color: #CCEEFF"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: top; background-color: #FFFFFF; width: 76%; padding-bottom: 2px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify; text-indent: 36pt">Deferred taxes due to carryforward losses</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">2,883</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">2,879</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%; padding-bottom: 2px"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: top; background-color: #CCEEFF; width: 76%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: top; background-color: #FFFFFF; width: 76%; padding-bottom: 2px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify; text-indent: 36pt">Valuation allowance</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">(2,883</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%; padding-bottom: 2px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">)</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">(2,879</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%; padding-bottom: 2px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">)</div> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: top; background-color: #CCEEFF; width: 76%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: top; background-color: #FFFFFF; width: 76%; padding-bottom: 4px"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: justify; text-indent: 7.1pt">Net deferred tax asset</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">-</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%; padding-bottom: 4px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">-</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%; padding-bottom: 4px"> </td> </tr> </table> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; clear: both"><br style="line-height: 1.25" /> </div> <div style="font: 10pt Times New Roman, Times, Serif"> <table cellspacing="0" cellpadding="0" id="z02245ab192eb4a8ea2a26d4b624e29f8" class="DSPFListTable" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: 27pt"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"><b>C.</b></div> </td> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; width: auto"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"><font style="font-weight: bold">Tax loss carry-forwards</font></div> </td> </tr> </table> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">Net operating loss carry-forwards as of March 31, 2020 and December 31, 2019 are as follows:</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <table align="right" cellspacing="0" cellpadding="0" border="0" id="z2e1da7af87e649b69b2ff22d8b646d79" style="font: 10pt Times New Roman, Times, Serif; width: 95%; color: #000000; text-align: left"> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="2" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">As of</div> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">March 31, 2020</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="2" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">As of</div> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">December 31,</div> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">2019</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom; padding-bottom: 2px"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; background-color: rgb(204, 238, 255); width: 76%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">Israel                                                   </div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif">4,887</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif">4,887</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: top; background-color: rgb(255, 255, 255); width: 76%; padding-bottom: 2px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">United States (*)</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif">8,378</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif">8,358</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%; padding-bottom: 2px"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: top; background-color: #CCEEFF; width: 76%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: top; background-color: #FFFFFF; width: 76%; padding-bottom: 4px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif">13,265</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%; padding-bottom: 4px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif">13,245</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%; padding-bottom: 4px"> </td> </tr> </table> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; clear: both">  </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">Net operating losses in Israel may be carried forward indefinitely. Net operating losses in the U.S. are available through 2027.</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">(*) Utilization of U.S. net operating losses may be subject to substantial annual limitation due to the “change in ownership” provisions of the Internal Revenue Code of 1986, as amended, and similar state provisions. The annual limitation may result in the expiration of net operating losses before utilization.</div></div></div>
</us-gaap:IncomeTaxDisclosureTextBlock>
<us-gaap:SubsequentEventsTextBlock contextRef="D2020-01-01_To_2020-03-31">
<div style="font: 10pt Times New Roman, Times, Serif"><div style="font: 10pt Times New Roman, Times, Serif"><div style="font: 10pt/1.25 Times New Roman, Times, Serif"></div> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif">NOTE 9   - SUBSEQUENT EVENTS</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">In accordance with ASC 855 “Subsequent Events” the Company evaluated subsequent events through the date the condensed consolidated financial statements were issued. The Company concluded that no subsequent events have occurred that would require recognition or disclosure in the condensed consolidated financial statements.</div></div></div>
</us-gaap:SubsequentEventsTextBlock>
<atms:UnauditedInterimFinancialStatementsPoliciesTextBlock contextRef="D2020-01-01_To_2020-03-31">
<div style="font: 10pt Times New Roman, Times, Serif"><div style="font: 10pt Times New Roman, Times, Serif"><div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"><div style="font: 10pt Times New Roman, Times, Serif"><table cellspacing="0" cellpadding="0" id="zae11583f08c0460dbf1a8737367a1129" class="DSPFListTable" style="font: 10pt Times New Roman, Times, Serif; width: 100%; text-align: left; color: #000000"><tr style="font: 10pt Times New Roman, Times, Serif"><td style="font: 10pt Times New Roman, Times, Serif; width: 27pt; vertical-align: top"><b>A.</b></td> <td style="font: 10pt Times New Roman, Times, Serif; width: auto; vertical-align: top; text-align: justify"> <div style="font: bold 10pt Times New Roman, Times, Serif">Unaudited Interim Financial Statements</div> </td> </tr> </table> </div> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">The accompanying unaudited interim condensed consolidated financial statements have been prepared in accordance with U.S. Generally Accepted Accounting Principles (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 10 of the SEC regulations. Accordingly, they do not include all the information and footnotes required by GAAP for complete financial statements. In the opinion of management, all adjustments considered necessary for a fair presentation have been included (consisting only of normal recurring adjustments except as otherwise discussed).</div></div></div>
</atms:UnauditedInterimFinancialStatementsPoliciesTextBlock>
<us-gaap:UseOfEstimates contextRef="D2020-01-01_To_2020-03-31">
<div style="font: 10pt Times New Roman, Times, Serif"><div style="font: 10pt Times New Roman, Times, Serif"><div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"><div style="font: 10pt Times New Roman, Times, Serif"><table cellspacing="0" cellpadding="0" id="z87bac8a853d9489dae4128aed6c1f8fd" class="DSPFListTable" style="font: 10pt Times New Roman, Times, Serif; width: 100%; text-align: left; color: #000000"><tr style="font: 10pt Times New Roman, Times, Serif"><td style="font: 10pt Times New Roman, Times, Serif; width: 27pt; vertical-align: top"><b>B.</b></td> <td style="font: 10pt Times New Roman, Times, Serif; width: auto; vertical-align: top; text-align: justify"> <div style="font: bold 10pt Times New Roman, Times, Serif">Use of estimates in the preparation of financial statements:</div> </td> </tr> </table> </div> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. The Company’s management believes that the estimates, judgment and assumptions used are reasonable based upon information available at the time they are made. These estimates, judgments and assumptions can affect reported amounts and disclosures made. Actual results could differ from those estimates.</div></div></div>
</us-gaap:UseOfEstimates>
<us-gaap:CashAndCashEquivalentsPolicyTextBlock contextRef="D2020-01-01_To_2020-03-31">
<div style="font: 10pt Times New Roman, Times, Serif"><div style="font: 10pt Times New Roman, Times, Serif"><div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"><div style="font: 10pt Times New Roman, Times, Serif"><table cellspacing="0" cellpadding="0" id="z2d3ca47ba06f45e78fbe76b7d267a364" class="DSPFListTable" style="font: 10pt Times New Roman, Times, Serif; width: 100%; text-align: left; color: #000000"><tr style="font: 10pt Times New Roman, Times, Serif"><td style="font: 10pt Times New Roman, Times, Serif; width: 27pt; vertical-align: top"><b>C.</b></td> <td style="font: 10pt Times New Roman, Times, Serif; width: auto; vertical-align: top; text-align: justify"> <div style="font: bold 10pt Times New Roman, Times, Serif">Cash and cash equivalents</div> </td> </tr> </table> </div> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">Cash equivalents are short-term highly liquid investments that are readily convertible to cash with maturities of three months or less as of the date acquired.</div></div></div>
</us-gaap:CashAndCashEquivalentsPolicyTextBlock>
<us-gaap:FairValueOfFinancialInstrumentsPolicy contextRef="D2020-01-01_To_2020-03-31">
<div style="font: 10pt Times New Roman, Times, Serif"><div style="font: 10pt Times New Roman, Times, Serif"><div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"><div style="font: 10pt Times New Roman, Times, Serif"><table cellspacing="0" cellpadding="0" id="z8b8d512a8157491bbce7babed6d1702a" class="DSPFListTable" style="font: 10pt Times New Roman, Times, Serif; width: 100%; text-align: left; color: #000000"><tr style="font: 10pt Times New Roman, Times, Serif"><td style="font: 10pt Times New Roman, Times, Serif; width: 27pt; vertical-align: top"><b>D.</b></td> <td style="font: 10pt Times New Roman, Times, Serif; width: auto; vertical-align: top; text-align: justify"> <div style="font: bold 10pt Times New Roman, Times, Serif">Fair value of financial instruments</div> </td> </tr> </table> </div> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">The carrying values of cash and cash equivalents, other receivables and other accounts payable approximate their fair value due to the short-term maturity of these instruments.</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">The Company measures the fair value of certain of its financial instruments (such as the derivative warrant liabilities) on a recurring basis. The method of determining the fair value of derivative warrant liabilities is discussed in Note 7B.</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">A fair value hierarchy is used to rank the quality and reliability of the information used to determine fair values. Financial assets and liabilities carried at fair value will be classified and disclosed in one of the following three categories:</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"><font style="font-weight: bold">Level 1</font> - Quoted prices (unadjusted) in active markets for identical assets and liabilities.</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"><font style="font-weight: bold">Level 2</font> - Inputs other than Level 1 that are observable, either directly or indirectly, such as unadjusted quoted prices for similar assets and liabilities, unadjusted quoted prices in the markets that are not active, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities.</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"><font style="font-weight: bold">Level 3</font> - Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities.</div></div></div>
</us-gaap:FairValueOfFinancialInstrumentsPolicy>
<us-gaap:ResearchAndDevelopmentExpensePolicy contextRef="D2020-01-01_To_2020-03-31">
<div style="font: 10pt Times New Roman, Times, Serif"><div style="font: 10pt Times New Roman, Times, Serif"><div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"><div style="font: 10pt Times New Roman, Times, Serif"><table cellspacing="0" cellpadding="0" id="zbe6f14a6756e4d4983d100a2b50c0e24" class="DSPFListTable" style="font: 10pt Times New Roman, Times, Serif; width: 100%; text-align: left; color: #000000"><tr style="font: 10pt Times New Roman, Times, Serif"><td style="font: 10pt Times New Roman, Times, Serif; width: 27pt; vertical-align: top"><b>F.</b></td> <td style="font: 10pt Times New Roman, Times, Serif; width: auto; vertical-align: top; text-align: justify"> <div style="font: bold 10pt Times New Roman, Times, Serif">Research and development expenses, net</div> </td> </tr> </table> </div> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">Research and development expenses are charged to the statement of operations as incurred.</div> </div></div>
</us-gaap:ResearchAndDevelopmentExpensePolicy>
<us-gaap:IncomeTaxPolicyTextBlock contextRef="D2020-01-01_To_2020-03-31">
<div style="font: 10pt Times New Roman, Times, Serif"><div style="font: 10pt Times New Roman, Times, Serif"><div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"><div style="font: 10pt Times New Roman, Times, Serif"><table cellspacing="0" cellpadding="0" id="z2a7afc5e18664ff1a186690e7d485493" class="DSPFListTable" style="font: 10pt Times New Roman, Times, Serif; width: 100%; text-align: left; color: #000000"><tr style="font: 10pt Times New Roman, Times, Serif"><td style="font: 10pt Times New Roman, Times, Serif; width: 27pt; vertical-align: top"><b>G.</b></td> <td style="font: 10pt Times New Roman, Times, Serif; width: auto; vertical-align: top; text-align: justify"> <div style="font: bold 10pt Times New Roman, Times, Serif">Income Tax</div> </td> </tr> </table> </div> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">The Company accounts for income taxes in accordance with ASC 740, “Income Taxes.” This topic prescribes the use of the liability method whereby deferred tax asset and liability account balances are determined based on differences between financial reporting and tax bases of assets and liabilities. As such, deferred taxes are computed based on the tax rates anticipated (under applicable law as of the balance sheet date) to be in effect when the deferred taxes are expected to be paid or realized.</div></div></div>
</us-gaap:IncomeTaxPolicyTextBlock>
<us-gaap:ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock contextRef="D2020-01-01_To_2020-03-31">
<div style="font: 10pt Times New Roman, Times, Serif"><div style="font: 10pt Times New Roman, Times, Serif"><div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">As the Company has not yet generated revenues, it is more likely than not that sufficient taxable income will not be available for the tax losses to be utilized in the future. Therefore, a valuation allowance was recorded to reduce the deferred tax assets to its recoverable amounts.</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <table align="right" cellspacing="0" cellpadding="0" border="0" id="za30c8c01ef544c77ab7c351bbcd39f82" style="font: 10pt Times New Roman, Times, Serif; width: 95%; color: #000000; text-align: left"> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: top; padding-bottom: 2px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="2" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">As of</div> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">March 31, 2020</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="2" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: top"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">As of</div> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">December 31,</div> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">2019</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom; padding-bottom: 2px"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: top"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: top"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: top"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: top; background-color: #CCEEFF"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify; text-indent: 7.1pt"><font style="font-weight: bold">Deferred tax assets</font>:</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; background-color: rgb(204, 238, 255)"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: top; background-color: #CCEEFF"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; background-color: rgb(204, 238, 255)"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: top; background-color: #CCEEFF"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: top; background-color: #FFFFFF; width: 76%; padding-bottom: 2px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify; text-indent: 36pt">Deferred taxes due to carryforward losses</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">2,883</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">2,879</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%; padding-bottom: 2px"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: top; background-color: #CCEEFF; width: 76%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: top; background-color: #FFFFFF; width: 76%; padding-bottom: 2px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify; text-indent: 36pt">Valuation allowance</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">(2,883</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%; padding-bottom: 2px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">)</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">(2,879</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%; padding-bottom: 2px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">)</div> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: top; background-color: #CCEEFF; width: 76%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: top; background-color: #FFFFFF; width: 76%; padding-bottom: 4px"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: justify; text-indent: 7.1pt">Net deferred tax asset</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">-</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%; padding-bottom: 4px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">-</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%; padding-bottom: 4px"> </td> </tr> </table> </div></div>
</us-gaap:ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock>
<us-gaap:SummaryOfOperatingLossCarryforwardsTextBlock contextRef="D2020-01-01_To_2020-03-31">
<div style="font: 10pt Times New Roman, Times, Serif"><div style="font: 10pt Times New Roman, Times, Serif"><div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">Net operating loss carry-forwards as of March 31, 2020 and December 31, 2019 are as follows:</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <table align="right" cellspacing="0" cellpadding="0" border="0" id="z2e1da7af87e649b69b2ff22d8b646d79" style="font: 10pt Times New Roman, Times, Serif; width: 95%; color: #000000; text-align: left"> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="2" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">As of</div> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">March 31, 2020</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="2" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">As of</div> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">December 31,</div> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">2019</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom; padding-bottom: 2px"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; background-color: rgb(204, 238, 255); width: 76%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">Israel                                                   </div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif">4,887</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif">4,887</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: top; background-color: rgb(255, 255, 255); width: 76%; padding-bottom: 2px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">United States (*)</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif">8,378</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif">8,358</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%; padding-bottom: 2px"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: top; background-color: #CCEEFF; width: 76%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: top; background-color: #FFFFFF; width: 76%; padding-bottom: 4px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif">13,265</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%; padding-bottom: 4px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif">13,245</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%; padding-bottom: 4px"> </td> </tr> </table> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; clear: both">  </div> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">(*) Utilization of U.S. net operating losses may be subject to substantial annual limitation due to the “change in ownership” provisions of the Internal Revenue Code of 1986, as amended, and similar state provisions. The annual limitation may result in the expiration of net operating losses before utilization.</div></div>
</us-gaap:SummaryOfOperatingLossCarryforwardsTextBlock>
<us-gaap:ScheduleOfStockholdersEquityNoteWarrantsOrRightsTextBlock contextRef="D2020-01-01_To_2020-03-31">
<div style="font: 10pt Times New Roman, Times, Serif"><div style="font: 10pt Times New Roman, Times, Serif"><div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">The Company issued warrants to purchase common stock to investors. The below table lists these warrants and their material terms.</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <table align="right" cellspacing="0" cellpadding="0" border="0" id="z02c280d82b464d4f92620c7bb99e6519" style="font: 10pt Times New Roman, Times, Serif; width: 95%; color: #000000; text-align: left"> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; width: 27.77%; vertical-align: bottom"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">Issuance<br />   date</div> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1.85%; vertical-align: bottom"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: center"> </div> </td> <td colspan="2" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; width: 18.5%; vertical-align: bottom"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">Number of warrants</div> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">outstanding as</div> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">March 31, 2020</div> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1.86%; vertical-align: bottom"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: center"> </div> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1.86%; vertical-align: bottom"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: center"> </div> </td> <td colspan="2" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; width: 18.52%; vertical-align: bottom"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">Exercise<br /> price</div> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1.86%; vertical-align: bottom"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: center"> </div> </td> <td style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; width: 27.78%; vertical-align: bottom"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">Exercisable<br /> through</div> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; width: 27.77%; vertical-align: bottom"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1.85%; vertical-align: bottom"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; width: 18.5%; vertical-align: bottom"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1.86%; vertical-align: bottom"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1.86%; vertical-align: bottom"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; width: 18.52%; vertical-align: bottom"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1.86%; vertical-align: bottom"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 27.78%; vertical-align: bottom"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">    </div> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; width: 27.77%; vertical-align: bottom; background-color: #CCEEFF"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: center">October 2017</div> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1.85%; vertical-align: bottom; background-color: #CCEEFF"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1.85%; vertical-align: bottom; background-color: #CCEEFF"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 16.65%; vertical-align: bottom; background-color: #CCEEFF"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: right">275,000</div> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1.86%; vertical-align: bottom; background-color: #CCEEFF"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1.86%; vertical-align: bottom; background-color: #CCEEFF"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1.86%; vertical-align: bottom; background-color: #CCEEFF"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">$</div> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 16.66%; vertical-align: bottom; background-color: #CCEEFF"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: right">2.00</div> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1.86%; vertical-align: bottom; background-color: #CCEEFF"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 27.78%; vertical-align: bottom; background-color: #CCEEFF"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: center">October 2022</div> </td> </tr> </table> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; clear: both"> </div> </div></div>
</us-gaap:ScheduleOfStockholdersEquityNoteWarrantsOrRightsTextBlock>
<us-gaap:ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTextBlock contextRef="D2020-01-01_To_2020-03-31">
<div style="font: 10pt Times New Roman, Times, Serif"><div style="font: 10pt Times New Roman, Times, Serif"><div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">The stock options outstanding as of March 31, 2020, and December 31, 2019, have been separated into exercise price, as follows:</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <table align="right" cellspacing="0" cellpadding="0" border="0" id="zd742368827e644bc8f4b77cd4b82b317" style="font: 10pt Times New Roman, Times, Serif; width: 95%; color: #000000; text-align: left"> <tr style="font: 10pt Times New Roman, Times, Serif"> <td colspan="2" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">Exercise price</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="2" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">Stock options outstanding as of March 31,</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="2" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">Stock options outstanding as of December 31,</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="2" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">Weighted average remaining contractual life – years as of March 31,</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="2" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">Weighted average remaining contractual life – years as of December 31,</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="2" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">Stock options exercisable as of March 31,</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="2" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">Stock options exercisable as of December 31,</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom; padding-bottom: 2px"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td colspan="2" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: middle"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">$</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="2" rowspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">2020</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom; padding-bottom: 2px; text-align: center"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px; text-align: center"> </td> <td colspan="2" rowspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">2019</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom; padding-bottom: 2px; text-align: center"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px; text-align: center"> </td> <td colspan="2" rowspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">2020</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom; padding-bottom: 2px; text-align: center"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px; text-align: center"> </td> <td colspan="2" rowspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">2019</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom; padding-bottom: 2px; text-align: center"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px; text-align: center"> </td> <td colspan="2" rowspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">2020</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom; padding-bottom: 2px; text-align: center"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px; text-align: center"> </td> <td colspan="2" rowspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">2019</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom; padding-bottom: 2px"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; text-align: right"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; text-align: right"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; text-align: right"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; text-align: right"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; text-align: right"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; text-align: right"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">0.01</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">91,528</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">91,528</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">6.40</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">6.65</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">91,528</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">91,528</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(255, 255, 255); vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(255, 255, 255); vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">1.30</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: rgb(255, 255, 255); vertical-align: bottom; width: 1%; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(255, 255, 255); vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(255, 255, 255); vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">50,000</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: rgb(255, 255, 255); vertical-align: bottom; width: 1%; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(255, 255, 255); vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(255, 255, 255); vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">50,000</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: rgb(255, 255, 255); vertical-align: bottom; width: 1%; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(255, 255, 255); vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(255, 255, 255); vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">7.96</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: rgb(255, 255, 255); vertical-align: bottom; width: 1%; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(255, 255, 255); vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(255, 255, 255); vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">8.21</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: rgb(255, 255, 255); vertical-align: bottom; width: 1%; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(255, 255, 255); vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(255, 255, 255); vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">27,083</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: rgb(255, 255, 255); vertical-align: bottom; width: 1%; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(255, 255, 255); vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(255, 255, 255); vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">23,958</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: rgb(255, 255, 255); vertical-align: bottom; width: 1%; padding-bottom: 2px"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204, 238, 255); vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204, 238, 255); vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">0.83</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255); vertical-align: bottom; width: 1%; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204, 238, 255); vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204, 238, 255); vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">141,528</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255); vertical-align: bottom; width: 1%; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204, 238, 255); vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204, 238, 255); vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">141,528</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255); vertical-align: bottom; width: 1%; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204, 238, 255); vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204, 238, 255); vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">6.92</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255); vertical-align: bottom; width: 1%; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204, 238, 255); vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204, 238, 255); vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">7.17</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255); vertical-align: bottom; width: 1%; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204, 238, 255); vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204, 238, 255); vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">118,611</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255); vertical-align: bottom; width: 1%; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204, 238, 255); vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204, 238, 255); vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">115,486</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255); vertical-align: bottom; width: 1%; padding-bottom: 2px"> </td> </tr> </table> </div></div>
</us-gaap:ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTextBlock>
<us-gaap:OperatingIncomeLoss contextRef="D2020-01-01_To_2020-03-31" unitRef="USD" decimals="-3"> -19000 </us-gaap:OperatingIncomeLoss>
<us-gaap:OperatingIncomeLoss contextRef="From2019-01-01to2019-03-31" unitRef="USD" decimals="-3"> -20000 </us-gaap:OperatingIncomeLoss>
<us-gaap:InvestmentIncomeNet contextRef="D2020-01-01_To_2020-03-31" unitRef="USD" decimals="-3"> -2000 </us-gaap:InvestmentIncomeNet>
<us-gaap:InvestmentIncomeNet contextRef="From2019-01-01to2019-03-31" unitRef="USD" decimals="-3"> -1000 </us-gaap:InvestmentIncomeNet>
<us-gaap:BusinessDescriptionAndBasisOfPresentationTextBlock contextRef="D2020-01-01_To_2020-03-31">
<div style="font: 10pt Times New Roman, Times, Serif"><div style="font: 10pt Times New Roman, Times, Serif"><div style="font: bold 10pt/1.25 Times New Roman, Times, Serif">NOTE 1 -   GENERAL</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"> <div style="font: 10pt Times New Roman, Times, Serif"> <table cellspacing="0" cellpadding="0" id="zd3a415ce8082481b8b60bc3f06e9d615" class="DSPFListTable" style="font: 10pt Times New Roman, Times, Serif; width: 100%; text-align: left; color: #000000"> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; width: 20.25pt"><br /> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 27pt; vertical-align: top">A.</td> <td style="font: 10pt Times New Roman, Times, Serif; width: auto; vertical-align: top; text-align: justify"> <div style="font: bold 10pt Times New Roman, Times, Serif">Description of Business</div> </td> </tr> </table> </div> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">New York Global Innovations Inc. (the “Predecessor Company”) was originally incorporated under the laws of the State of Nevada, on April 22, 1997. On July 8, 2003, the Predecessor Company effected a reincorporation from Nevada to Delaware through a merger with and into its wholly-owned subsidiary, Inksure Technologies (Delaware) Inc., which was incorporated on September 30, 2003. The surviving corporation in the merger was Inksure Technologies (Delaware) Inc., which thereupon renamed itself Inksure Technologies Inc. In 2014, following the sale of its assets to Spectra Systems Corporation, the Predecessor Company changed its name to New York Global Innovations Inc. On August 23, 2016, the Predecessor Company consummated an agreement and plan of merger (the “Merger Agreement”) with Artemis Pharma Inc.</div> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">The Merger between the Predecessor Company and Artemis was accounted for as a reverse recapitalization. As the stockholders of Artemis received the largest ownership interest in the Predecessor Company, Artemis was determined to be the "accounting acquirer" in the reverse acquisition. As a result, the historical financial statements of the Predecessor Company were replaced with the historical financial statements of Artemis. Following the Merger, the Predecessor Company and its subsidiary, Artemis, are collectively referred to as the "Company." </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">Based on the lack of Company business activities since January 10, 2019, our Company is classified as a “shell” company as defined by the Securities and Exchange Commission (the “SEC”).</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"> <div style="font: 10pt Times New Roman, Times, Serif"> <table cellspacing="0" cellpadding="0" id="zdfd5afe5d8024f50b0b5c8b553db3f65" class="DSPFListTable" style="font: 10pt Times New Roman, Times, Serif; width: 100%; text-align: left; color: #000000"> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; width: 20.25pt"><br /> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 27pt; vertical-align: top">B.</td> <td style="font: 10pt Times New Roman, Times, Serif; width: auto; vertical-align: top; text-align: justify"> <div style="font: bold 10pt Times New Roman, Times, Serif">Establishment of Artemis (the "accounting acquirer"):</div> </td> </tr> </table> </div> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">Artemis was incorporated in the State of Delaware on April 19, 2016. Until January 10, 2019, the Company was engaged in the development of agents for the prevention and treatment of severe and potentially life-threatening infectious diseases.</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">On January 10, 2019, Artemis received a notice regarding the immediate termination of a certain license agreement, dated May 31, 2016 (the “License Agreement”), executed by and between the Company, Hadasit Medical Research Services and Development Ltd. (“Hadasit”) and the Hong Kong University of Science and Technology R and D Corporation Limited (“RDC”). Artemis relied primarily on the License Agreement with respect to the development of Artemisone, its lead product candidate. Since the termination of the License Agreement, Artemis no longer has any operating business.</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <table cellspacing="0" cellpadding="0" id="z2c05d1d1909646a6a1430c2e6e94cc9f" class="DSPFListTable" style="font: 10pt Times New Roman, Times, Serif; width: 100%; text-align: left; color: #000000"> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; width: 20.25pt"><br /> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 27pt; vertical-align: top">C.</td> <td style="font: 10pt Times New Roman, Times, Serif; width: auto; vertical-align: top; text-align: justify"> <div style="font: bold 10pt Times New Roman, Times, Serif">Going Concern: </div> </td> </tr> </table> </div> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">To date, Artemis has not generated revenues from its activities and has incurred substantial operating losses. Management expects Artemis to continue to generate substantial operating losses and to continue to fund its operations primarily through additional raises of capital.</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">Such conditions raise substantial doubts about the Company’s ability to continue as a going concern. Management’s plan includes raising funds from outside potential investors. However, there is no assurance such funding will be available to the Company or that it will be obtained on terms favorable to the Company or will provide the Company with sufficient funds to meet its objectives. These financial statements do not include any adjustments relating to the recoverability and classification of assets, carrying amounts or the amount and classification of liabilities that may be required should the Company be unable to continue as a going concern.</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">Additionally, as discussed above, on January 10, 2019, Artemis received a notice regarding the immediate termination of the License Agreement.</div> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">Since the termination of the license agreement, Artemis no longer has any operating businessand is classified as a “shell” company as defined by the Securities and Exchange Commission (the “SEC”).</div></div>
</us-gaap:BusinessDescriptionAndBasisOfPresentationTextBlock>
<us-gaap:EarningsPerSharePolicyTextBlock contextRef="D2020-01-01_To_2020-03-31">
<div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"><div style="font: 10pt Times New Roman, Times, Serif"><table cellspacing="0" cellpadding="0" id="zc3305e5f327644f58d65b126b5ee37d3" class="DSPFListTable" style="font: 10pt Times New Roman, Times, Serif; width: 100%; text-align: left; color: #000000"><tr style="font: 10pt Times New Roman, Times, Serif"><td style="font: 10pt Times New Roman, Times, Serif; width: 27pt; vertical-align: top">E.</td> <td style="font: 10pt Times New Roman, Times, Serif; width: auto; vertical-align: top; text-align: justify"> <div style="font: bold 10pt Times New Roman, Times, Serif">Basic and diluted net loss per share</div> </td> </tr> </table> </div> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">Basic loss per share is computed by dividing the net loss applicable to holders of common stock by the weighted average number of shares of common stock outstanding during the year. Diluted loss per share is computed by dividing the net loss applicable to holders of common stock by the weighted average number of shares of common stock outstanding plus the number of additional shares of common stock that would have been outstanding if all potentially dilutive common stock had been issued, using the treasury stock method, in accordance with ASC 260-10 “Earnings per Share.” Potentially dilutive shares of common stock were excluded from the diluted loss per share calculation because they were anti-dilutive.</div> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">The weighted average number of shares outstanding has been retroactively restated for the equivalent number of shares received by the accounting acquirer as a result of the reverse merger as if these shares had been outstanding as of the beginning of the earliest period presented.</div>
</us-gaap:EarningsPerSharePolicyTextBlock>
<us-gaap:ShareBasedCompensationOptionAndIncentivePlansPolicy contextRef="D2020-01-01_To_2020-03-31">
<div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"><div style="font: 10pt Times New Roman, Times, Serif"><table cellspacing="0" cellpadding="0" id="zc990c4d6335e47efb2dae45c2cd89425" class="DSPFListTable" style="font: 10pt Times New Roman, Times, Serif; width: 100%; text-align: left; color: #000000"><tr style="font: 10pt Times New Roman, Times, Serif"><td style="font: 10pt Times New Roman, Times, Serif; width: 27pt; vertical-align: top">H.</td> <td style="font: 10pt Times New Roman, Times, Serif; width: auto; vertical-align: top; text-align: justify"> <div style="font: bold 10pt Times New Roman, Times, Serif">Share-based compensation</div> </td> </tr> </table> </div> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">The Company applies ASC 718-10, “Share-Based Payment,” which requires the measurement and recognition of compensation expenses for all share-based payment awards made to service providers, employees and directors including stock options under the Company's stock plans based on estimated fair values.</div> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">ASC 718-10 requires companies to estimate the fair value of stock options using an option-pricing model. The value of the portion of the award that is ultimately expected to vest is recognized as an expense over the requisite service periods in the Company's statement of operations.</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">The Company estimates the fair value of stock options granted as share-based payment awards using a Black-Scholes options pricing model. The option-pricing model requires a number of assumptions, of which the most significant are share price, expected volatility and the expected option term (the time from the grant date until the options are exercised or expire). Expected volatility is estimated based on the volatility of similar companies in the technology sector for equity awards granted prior to the Merger and on the Company's trading share price for equity awards granted subsequent to the Merger.  The Company has historically not paid dividends and has no foreseeable plans to issue dividends. The risk-free interest rate is based on the yield from governmental zero-coupon bonds with an equivalent term. The expected stock option term is calculated for stock options granted to employees and directors using the "simplified" method. Grants to non-employees are based on the contractual term. Changes in the determination of each of the inputs can affect the fair value of the stock options granted and the results of operations of the Company.</div>
</us-gaap:ShareBasedCompensationOptionAndIncentivePlansPolicy>
<atms:WarrantsDisclosureTextBlock contextRef="D2020-01-01_To_2020-03-31">
<div style="font: bold 10pt/1.25 Times New Roman, Times, Serif">NOTE 5 – WARRANTS ISSUED TO INVESTORS</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">The Company issued warrants to purchase common stock to investors. The below table lists these warrants and their material terms.</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <table align="right" cellspacing="0" cellpadding="0" border="0" id="z02c280d82b464d4f92620c7bb99e6519" style="font: 10pt Times New Roman, Times, Serif; width: 95%; color: #000000; text-align: left"> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; width: 27.77%; vertical-align: bottom"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">Issuance<br />   date</div> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1.85%; vertical-align: bottom"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: center"> </div> </td> <td colspan="2" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; width: 18.5%; vertical-align: bottom"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">Number of warrants</div> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">outstanding as</div> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">March 31, 2020</div> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1.86%; vertical-align: bottom"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: center"> </div> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1.86%; vertical-align: bottom"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: center"> </div> </td> <td colspan="2" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; width: 18.52%; vertical-align: bottom"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">Exercise<br /> price</div> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1.86%; vertical-align: bottom"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: center"> </div> </td> <td style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; width: 27.78%; vertical-align: bottom"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">Exercisable<br /> through</div> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; width: 27.77%; vertical-align: bottom"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1.85%; vertical-align: bottom"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; width: 18.5%; vertical-align: bottom"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1.86%; vertical-align: bottom"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1.86%; vertical-align: bottom"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; width: 18.52%; vertical-align: bottom"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1.86%; vertical-align: bottom"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 27.78%; vertical-align: bottom"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">    </div> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; width: 27.77%; vertical-align: bottom; background-color: #CCEEFF"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: center">October 2017</div> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1.85%; vertical-align: bottom; background-color: #CCEEFF"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1.85%; vertical-align: bottom; background-color: #CCEEFF"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 16.65%; vertical-align: bottom; background-color: #CCEEFF"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: right">275,000</div> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1.86%; vertical-align: bottom; background-color: #CCEEFF"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1.86%; vertical-align: bottom; background-color: #CCEEFF"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1.86%; vertical-align: bottom; background-color: #CCEEFF"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">$</div> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 16.66%; vertical-align: bottom; background-color: #CCEEFF"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: right">2.00</div> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 1.86%; vertical-align: bottom; background-color: #CCEEFF"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 27.78%; vertical-align: bottom; background-color: #CCEEFF"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: center">October 2022</div> </td> </tr> </table> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; clear: both"> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">The warrants contain a full ratchet anti-dilution price protection (See note 7B).</div></div>
</atms:WarrantsDisclosureTextBlock>
<us-gaap:EarningsPerShareTextBlock contextRef="D2020-01-01_To_2020-03-31">
<div style="font: bold 10pt/1.25 Times New Roman, Times, Serif">NOTE 6 -   Computation of Net Loss per Share</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">Basic loss per share is computed by dividing the net loss, as adjusted, to include the dividend participation rights of prefcr, erred shares outstanding during the relevant fiscal year, by the weighted average number of shares of common stock outstanding during the relevant fiscal year. Diluted loss per share is computed by dividing the net loss, as adjusted, to include the dividend participation rights of preferred shares outstanding during the relevant fiscal year as well as of preferred shares that would have been outstanding if all potentially dilutive preferred shares had been issued, by the weighted average number of shares of common stock outstanding during the relevant fiscal year, plus the number of shares of common stock that would have been outstanding if all potentially dilutive common stock had been issued, using the treasury stock method, in accordance with ASC 260-10 “Earnings per Share”.</div> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">The loss and weighted average number of common stock used in the calculation of basic loss per share are as follows (in thousands, except share and per share data):</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> <table align="right" cellspacing="0" cellpadding="0" border="0" id="z13bfa5e1e5c04e8e89a07e3bfdf1dc34" style="font: 10pt Times New Roman, Times, Serif; width: 95%; color: #000000; text-align: left"> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: top; background-color: #FFFFFF; padding-bottom: 2px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="6" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; background-color: #FFFFFF"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">Three Months</div> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">Ended March 31</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; padding-bottom: 2px"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: top; background-color: #FFFFFF; padding-bottom: 2px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="2" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; background-color: #FFFFFF"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center"> 2020</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="2" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; background-color: #FFFFFF"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">2019</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; padding-bottom: 2px"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: top; background-color: #FFFFFF; padding-bottom: 2px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="6" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; background-color: #FFFFFF"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">Unaudited</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; padding-bottom: 2px"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: top; background-color: #CCEEFF; width: 76%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify; text-indent: -14.3pt; margin-left: 14.3pt">  Net loss available to stockholders of the company</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">(21</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">)</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">(21</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">)</div> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: top; background-color: #FFFFFF; width: 76%; padding-bottom: 2px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify; text-indent: -7pt; margin-left: 7pt">  Net loss attributable to stockholders of preferred shares</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">(3</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%; padding-bottom: 2px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">)</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">(3</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%; padding-bottom: 2px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">)</div> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; background-color: #CCEEFF; width: 76%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"> </div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: top; background-color: #FFFFFF; width: 76%; padding-bottom: 4px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify; text-indent: -14.3pt; margin-left: 14.3pt">  Net loss used in the calculation of basic loss per share</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">(18</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%; padding-bottom: 4px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">)</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">(18</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%; padding-bottom: 4px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">)</div> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; background-color: #CCEEFF; width: 76%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"> </div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: top; background-color: #FFFFFF; width: 76%; padding-bottom: 4px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify; text-indent: -14.3pt; margin-left: 14.3pt">  Net loss per share</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">(0.003</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%; padding-bottom: 4px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">)</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">(0.003</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%; padding-bottom: 4px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">)</div> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; background-color: #CCEEFF; width: 76%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"> </div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: top; background-color: #FFFFFF; width: 76%; padding-bottom: 4px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify; text-indent: -14.3pt; margin-left: 14.3pt">  Weighted average number of common stock used in the calculation of net loss per share</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">5,153,461</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%; padding-bottom: 4px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">5,153,461</div></td></tr></table>
</us-gaap:EarningsPerShareTextBlock>
<us-gaap:ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock contextRef="D2020-01-01_To_2020-03-31">
<div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">The loss and weighted average number of common stock used in the calculation of basic loss per share are as follows (in thousands, except share and per share data):</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> <table align="right" cellspacing="0" cellpadding="0" border="0" id="z13bfa5e1e5c04e8e89a07e3bfdf1dc34" style="font: 10pt Times New Roman, Times, Serif; width: 95%; color: #000000; text-align: left"> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: top; background-color: #FFFFFF; padding-bottom: 2px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="6" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; background-color: #FFFFFF"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">Three Months</div> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">Ended March 31</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; padding-bottom: 2px"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: top; background-color: #FFFFFF; padding-bottom: 2px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="2" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; background-color: #FFFFFF"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center"> 2020</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="2" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; background-color: #FFFFFF"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">2019</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; padding-bottom: 2px"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: top; background-color: #FFFFFF; padding-bottom: 2px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="6" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; background-color: #FFFFFF"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">Unaudited</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; padding-bottom: 2px"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: top; background-color: #CCEEFF; width: 76%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify; text-indent: -14.3pt; margin-left: 14.3pt">  Net loss available to stockholders of the company</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">(21</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">)</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">(21</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">)</div> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: top; background-color: #FFFFFF; width: 76%; padding-bottom: 2px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify; text-indent: -7pt; margin-left: 7pt">  Net loss attributable to stockholders of preferred shares</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">(3</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%; padding-bottom: 2px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">)</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">(3</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%; padding-bottom: 2px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">)</div> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; background-color: #CCEEFF; width: 76%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"> </div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: top; background-color: #FFFFFF; width: 76%; padding-bottom: 4px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify; text-indent: -14.3pt; margin-left: 14.3pt">  Net loss used in the calculation of basic loss per share</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">(18</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%; padding-bottom: 4px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">)</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">(18</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%; padding-bottom: 4px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">)</div> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; background-color: #CCEEFF; width: 76%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"> </div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: top; background-color: #FFFFFF; width: 76%; padding-bottom: 4px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify; text-indent: -14.3pt; margin-left: 14.3pt">  Net loss per share</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">(0.003</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%; padding-bottom: 4px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">)</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">(0.003</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%; padding-bottom: 4px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">)</div> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; background-color: #CCEEFF; width: 76%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"> </div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: top; background-color: #FFFFFF; width: 76%; padding-bottom: 4px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify; text-indent: -14.3pt; margin-left: 14.3pt">  Weighted average number of common stock used in the calculation of net loss per share</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">5,153,461</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%; padding-bottom: 4px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">5,153,461</div></td></tr></table>
</us-gaap:ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock>
<us-gaap:StockholdersEquityNoteDisclosureTextBlock contextRef="D2020-01-01_To_2020-03-31">
<div style="font: bold 10pt/1.25 Times New Roman, Times, Serif">NOTE 7   - STOCK CAPITAL</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"> <div style="font: 10pt Times New Roman, Times, Serif"> <table cellspacing="0" cellpadding="0" id="zdd787ef87b754e8393ba9237f8240dda" class="DSPFListTable" style="font: 10pt Times New Roman, Times, Serif; width: 100%; text-align: left; color: #000000"> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; width: 20.25pt"><br /> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 27pt; vertical-align: top">A.</td> <td style="font: 10pt Times New Roman, Times, Serif; width: auto; vertical-align: top; text-align: justify"> <div style="font: bold 10pt Times New Roman, Times, Serif">Stockholders Rights:</div> </td> </tr> </table> </div> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">Shares of common stock confer upon their holders the right to receive notice to participate and vote in general meetings of stockholders of the Company, the right to receive dividends, if declared, and the right to receive a distribution of any surplus of assets upon liquidation of the Company.</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">The Series A Convertible Preferred shares confer upon their holders the right to receive dividends when paid to holders of common stock of the Company on an as-converted basis, and the right to receive a distribution of any surplus of assets upon liquidation of the Company before any distribution or payment shall be made to the holders of any common stock.</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">The Series C Convertible Preferred shares confer upon their holders the right to receive dividends when paid to holders of common stock of the Company on an as-converted basis. The shares of Series C Convertible Preferred Stock have the right to receive a distribution of any surplus of assets upon liquidation of the Company before any distribution or payment shall be made to the holders of any other securities.</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"> <div style="font: 10pt Times New Roman, Times, Serif"> <table cellspacing="0" cellpadding="0" id="z6fde614f9245421fbd10eefa75d0cd97" class="DSPFListTable" style="font: 10pt Times New Roman, Times, Serif; width: 100%; text-align: left; color: #000000"> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; width: 20.25pt"><br /> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 27pt; vertical-align: top">B.</td> <td style="font: 10pt Times New Roman, Times, Serif; width: auto; vertical-align: top; text-align: justify"> <div style="font: bold 10pt Times New Roman, Times, Serif">Issuance of Shares</div> </td> </tr> </table> </div> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">In August 2016, immediately upon consummation of the Merger, the Company issued 68,321 shares of the Company’s common stock, as well as 453 shares of the Company’s newly designated Series A Convertible Preferred Stock convertible into 658,498 shares of common stock, to an investor for an aggregate purchase price of $481,000 (net of issuance expenses).</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">In October 2017, the Company issued 300,000 shares of the Company’s common stock, warrants to purchase 275,000 shares of common stock, as well as 250 shares newly designated Series C Convertible Preferred Stock to investors for an aggregate purchase price of $550,000 less issuance expenses. Each share of Series C Convertible Preferred Stock is convertible into 1,000 shares of common stock, subject to adjustments in the event of future financing at a price of less than the conversion price. Preferred shares confer upon their holders the right to receive dividends when paid to holders of common stock of the Company on an as-converted basis. The holders of shares of Series C Convertible Preferred Stock have the right to receive a distribution of any surplus of assets upon liquidation of the Company before any distribution or payment shall be made to the holders of any other securities.</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">The warrants to purchase 275,000 shares of the Company’s common stock contain a full ratchet anti-dilution price protection so that, in most situations upon the issuance of any common stock or securities convertible into common stock at a price below the then-existing exercise price of the outstanding warrants, the warrant exercise price will be reset to the lower common stock sales price.</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">As such anti-dilution price protection did not meet the specific conditions for equity classification as of the date of issuance of the warrants, the Company was required to classify the fair value of these warrants as a liability, with changes in fair value to be recorded as income (loss) due to change in fair value of warrant liability. The estimated fair value of such derivative warrant liability at issuance date, was approximately $319.</div> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"></div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"> <div style="font: 10pt Times New Roman, Times, Serif"> <table cellspacing="0" cellpadding="0" id="z454b3002367d4a6594e6cc22cf7930c5" class="DSPFListTable" style="font: 10pt Times New Roman, Times, Serif; width: 100%; text-align: left; color: #000000"> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; width: 20.25pt"><br /> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 27pt; vertical-align: top">C.</td> <td style="font: 10pt Times New Roman, Times, Serif; width: auto; vertical-align: top; text-align: justify"> <div style="font: bold 10pt Times New Roman, Times, Serif">Options issued to employees and consultants</div> </td> </tr> </table> </div> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">On August 22, 2016, the Company granted 126,730 stock options to consultants. Each stock option is exercisable into a share of the Company’s common stock of and expires no later than 10 years from the date of grant.</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">One third of the options vested on the grant date, and one third of the options vest upon the first and second anniversaries of the grant date, with the option becoming fully vested on August 22, 2018. 35,202 of these options were exercised in July 2017.</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">A summary of the Company's option activity and related information is found below.</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <table align="right" cellspacing="0" cellpadding="0" border="0" id="zd209686f7a6f49a9b96b2885447583ed" style="font: 10pt Times New Roman, Times, Serif; width: 95%; color: #000000; text-align: left"> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="10" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">For the Three months ended</div> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">March 31, 2020</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom; padding-bottom: 2px"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="2" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">Number of stock options</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="2" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">Weighted average exercise price</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="2" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">Aggregate intrinsic value</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom; padding-bottom: 2px"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: top"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; background-color: #CCEEFF; width: 64%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">Outstanding at beginning of period</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">141,528</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">0.47</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">3,844</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; background-color: #FFFFFF; width: 64%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">Granted</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">-</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">-</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">-</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; background-color: #CCEEFF; width: 64%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">Exercised</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">-</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">-</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">-</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; background-color: #FFFFFF; width: 64%; padding-bottom: 2px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">Cancelled</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">-</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">-</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">-</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%; padding-bottom: 2px"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; background-color: #CCEEFF; width: 64%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; background-color: #FFFFFF; width: 64%; padding-bottom: 4px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">Outstanding at end of period</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">141,528</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%; padding-bottom: 4px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">0.47</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%; padding-bottom: 4px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">3,844</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%; padding-bottom: 4px"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; background-color: #CCEEFF; width: 64%; padding-bottom: 4px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">Options exercisable at period end</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">118,611</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%; padding-bottom: 4px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">0.30</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%; padding-bottom: 4px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">3,844</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%; padding-bottom: 4px"> </td> </tr> </table> <div style="font: 10pt Times New Roman, Times, Serif"><br /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; clear: both"> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">The aggregate intrinsic value in the table above represents the total intrinsic value (the difference between the fair market value of the Company’s common stock on March 31, 2020 and the exercise price, multiplied by the number of in-the-money stock options on those dates) that would have been received by the stock option holders had all stock option holders exercised their stock options on those dates.</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">The stock options outstanding as of March 31, 2020, and December 31, 2019, have been separated into exercise price, as follows:</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <table align="right" cellspacing="0" cellpadding="0" border="0" id="zd742368827e644bc8f4b77cd4b82b317" style="font: 10pt Times New Roman, Times, Serif; width: 95%; color: #000000; text-align: left"> <tr style="font: 10pt Times New Roman, Times, Serif"> <td colspan="2" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">Exercise price</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="2" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">Stock options outstanding as of March 31,</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="2" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">Stock options outstanding as of December 31,</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="2" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">Weighted average remaining contractual life – years as of March 31,</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="2" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">Weighted average remaining contractual life – years as of December 31,</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="2" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">Stock options exercisable as of March 31,</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="2" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">Stock options exercisable as of December 31,</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom; padding-bottom: 2px"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td colspan="2" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: middle"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">$</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="2" rowspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">2020</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom; padding-bottom: 2px; text-align: center"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px; text-align: center"> </td> <td colspan="2" rowspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">2019</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom; padding-bottom: 2px; text-align: center"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px; text-align: center"> </td> <td colspan="2" rowspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">2020</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom; padding-bottom: 2px; text-align: center"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px; text-align: center"> </td> <td colspan="2" rowspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">2019</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom; padding-bottom: 2px; text-align: center"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px; text-align: center"> </td> <td colspan="2" rowspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">2020</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom; padding-bottom: 2px; text-align: center"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px; text-align: center"> </td> <td colspan="2" rowspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">2019</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom; padding-bottom: 2px"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; text-align: right"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; text-align: right"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; text-align: right"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; text-align: right"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; text-align: right"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; text-align: right"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">0.01</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">91,528</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">91,528</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">6.40</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">6.65</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">91,528</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">91,528</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(255, 255, 255); vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(255, 255, 255); vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">1.30</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: rgb(255, 255, 255); vertical-align: bottom; width: 1%; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(255, 255, 255); vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(255, 255, 255); vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">50,000</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: rgb(255, 255, 255); vertical-align: bottom; width: 1%; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(255, 255, 255); vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(255, 255, 255); vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">50,000</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: rgb(255, 255, 255); vertical-align: bottom; width: 1%; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(255, 255, 255); vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(255, 255, 255); vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">7.96</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: rgb(255, 255, 255); vertical-align: bottom; width: 1%; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(255, 255, 255); vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(255, 255, 255); vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">8.21</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: rgb(255, 255, 255); vertical-align: bottom; width: 1%; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(255, 255, 255); vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(255, 255, 255); vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">27,083</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: rgb(255, 255, 255); vertical-align: bottom; width: 1%; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(255, 255, 255); vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(255, 255, 255); vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">23,958</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: rgb(255, 255, 255); vertical-align: bottom; width: 1%; padding-bottom: 2px"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204, 238, 255); vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204, 238, 255); vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">0.83</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255); vertical-align: bottom; width: 1%; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204, 238, 255); vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204, 238, 255); vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">141,528</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255); vertical-align: bottom; width: 1%; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204, 238, 255); vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204, 238, 255); vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">141,528</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255); vertical-align: bottom; width: 1%; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204, 238, 255); vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204, 238, 255); vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">6.92</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255); vertical-align: bottom; width: 1%; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204, 238, 255); vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204, 238, 255); vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">7.17</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255); vertical-align: bottom; width: 1%; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204, 238, 255); vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204, 238, 255); vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">118,611</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255); vertical-align: bottom; width: 1%; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204, 238, 255); vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: rgb(0, 0, 0) 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: rgb(204, 238, 255); vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">115,486</div></td></tr></table>
</us-gaap:StockholdersEquityNoteDisclosureTextBlock>
<us-gaap:RelatedPartyTransactionsDisclosureTextBlock contextRef="D2020-01-01_To_2020-03-31">
<div style="font: bold 10pt/1.25 Times New Roman, Times, Serif">NOTE 8 – RELATED PARTIES</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">On May 15, 2019, the Company issued two unsecured promissory notes <font style="background-color: #FFFFFF">(each, a “Note” and collectively the “Notes”)</font> in the aggregate principal amount of $100,000 to two related parties. $20,000 and $30,000 of the funds were received by the Company on March 22, 2019, and April 4, 2019, respectively. The balance of the funds was received in May 2019. Each Note accrues interest at a rate of 6% per annum until the Note is repaid in full. All payments of principal, interest and other amounts under each Note are payable by June 30, 2021. The proceeds of the Notes were used by the Company for general working capital purposes.</div></div></div>
</us-gaap:RelatedPartyTransactionsDisclosureTextBlock>
<us-gaap:ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock contextRef="D2020-01-01_To_2020-03-31">
<div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">A summary of the Company's option activity and related information is found below.</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <table align="right" cellspacing="0" cellpadding="0" border="0" id="zd209686f7a6f49a9b96b2885447583ed" style="font: 10pt Times New Roman, Times, Serif; width: 95%; color: #000000; text-align: left"> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="10" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">For the Three months ended</div> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">March 31, 2020</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom; padding-bottom: 2px"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="2" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">Number of stock options</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="2" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">Weighted average exercise price</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; padding-bottom: 2px"> </td> <td colspan="2" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: center">Aggregate intrinsic value</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom; padding-bottom: 2px"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: top"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="2" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; vertical-align: bottom"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; background-color: #CCEEFF; width: 64%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">Outstanding at beginning of period</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">141,528</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">0.47</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">3,844</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; background-color: #FFFFFF; width: 64%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">Granted</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">-</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">-</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">-</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; background-color: #CCEEFF; width: 64%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">Exercised</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">-</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">-</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">-</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; background-color: #FFFFFF; width: 64%; padding-bottom: 2px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">Cancelled</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">-</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">-</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%; padding-bottom: 2px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 2px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 2px solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">-</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%; padding-bottom: 2px"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; background-color: #CCEEFF; width: 64%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; background-color: #FFFFFF; width: 64%; padding-bottom: 4px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">Outstanding at end of period</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">141,528</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%; padding-bottom: 4px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">0.47</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%; padding-bottom: 4px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: rgb(255, 255, 255)"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #FFFFFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">3,844</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #FFFFFF; vertical-align: bottom; width: 1%; padding-bottom: 4px"> </td> </tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; background-color: #CCEEFF; width: 64%; padding-bottom: 4px"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">Options exercisable at period end</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">118,611</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%; padding-bottom: 4px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">0.30</div> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF; vertical-align: bottom; width: 1%; padding-bottom: 4px"> </td> <td colspan="1" style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; vertical-align: bottom; width: 1%; padding-bottom: 4px; background-color: rgb(204, 238, 255)"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; width: 1%"> </td> <td colspan="1" style="border-bottom: #000000 4px double; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; background-color: #CCEEFF; vertical-align: bottom; text-align: right; width: 9%"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">3,844</div></td></tr></table>
</us-gaap:ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock>
<us-gaap:SignificantAccountingPoliciesTextBlock contextRef="D2020-01-01_To_2020-03-31">
<div style="font: 10pt Times New Roman, Times, Serif"><div style="font: 10pt Times New Roman, Times, Serif"><div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"></div> <div style="font: bold 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">NOTE 2 - SIGNIFICANT ACCOUNTING POLICIES</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"> <div style="font: 10pt Times New Roman, Times, Serif"> <table cellspacing="0" cellpadding="0" class="DSPFListTable" id="zae11583f08c0460dbf1a8737367a1129" style="font: 10pt Times New Roman, Times, Serif; width: 100%; text-align: left; color: #000000"> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; width: 20.25pt"><br /> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 27pt; vertical-align: top">A.</td> <td style="font: 10pt Times New Roman, Times, Serif; width: auto; vertical-align: top; text-align: justify"> <div style="font: bold 10pt Times New Roman, Times, Serif">Unaudited Interim Financial Statements</div> </td> </tr> </table> </div> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">The accompanying unaudited interim condensed consolidated financial statements have been prepared in accordance with U.S. Generally Accepted Accounting Principles (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 10 of the SEC regulations. Accordingly, they do not include all the information and footnotes required by GAAP for complete financial statements. In the opinion of management, all adjustments considered necessary for a fair presentation have been included (consisting only of normal recurring adjustments except as otherwise discussed).</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"> <div style="font: 10pt Times New Roman, Times, Serif"> <table cellspacing="0" cellpadding="0" class="DSPFListTable" id="z87bac8a853d9489dae4128aed6c1f8fd" style="font: 10pt Times New Roman, Times, Serif; width: 100%; text-align: left; color: #000000"> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; width: 20.25pt"><br /> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 27pt; vertical-align: top">B.</td> <td style="font: 10pt Times New Roman, Times, Serif; width: auto; vertical-align: top; text-align: justify"> <div style="font: bold 10pt Times New Roman, Times, Serif">Use of estimates in the preparation of financial statements:</div> </td> </tr> </table> </div> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. The Company’s management believes that the estimates, judgment and assumptions used are reasonable based upon information available at the time they are made. These estimates, judgments and assumptions can affect reported amounts and disclosures made. Actual results could differ from those estimates.</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"> <div style="font: 10pt Times New Roman, Times, Serif"> <table cellspacing="0" cellpadding="0" class="DSPFListTable" id="z2d3ca47ba06f45e78fbe76b7d267a364" style="font: 10pt Times New Roman, Times, Serif; width: 100%; text-align: left; color: #000000"> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; width: 20.25pt"><br /> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 27pt; vertical-align: top">C.</td> <td style="font: 10pt Times New Roman, Times, Serif; width: auto; vertical-align: top; text-align: justify"> <div style="font: bold 10pt Times New Roman, Times, Serif">Cash and cash equivalents</div> </td> </tr> </table> </div> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">Cash equivalents are short-term highly liquid investments that are readily convertible to cash with maturities of three months or less as of the date acquired.</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <table cellspacing="0" cellpadding="0" class="DSPFListTable" id="z8b8d512a8157491bbce7babed6d1702a" style="font: 10pt Times New Roman, Times, Serif; width: 100%; text-align: left; color: #000000"> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; width: 20.25pt"><br /> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 27pt; vertical-align: top">D.</td> <td style="font: 10pt Times New Roman, Times, Serif; width: auto; vertical-align: top; text-align: justify"> <div style="font: bold 10pt Times New Roman, Times, Serif">Fair value of financial instruments</div> </td> </tr> </table> </div> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">The carrying values of cash and cash equivalents, other receivables and other accounts payable approximate their fair value due to the short-term maturity of these instruments.</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">The Company measures the fair value of certain of its financial instruments (such as the derivative warrant liabilities) on a recurring basis. The method of determining the fair value of derivative warrant liabilities is discussed in Note 7B.</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">A fair value hierarchy is used to rank the quality and reliability of the information used to determine fair values. Financial assets and liabilities carried at fair value will be classified and disclosed in one of the following three categories:</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"><font style="font-weight: bold">Level 1</font> - Quoted prices (unadjusted) in active markets for identical assets and liabilities.</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"><font style="font-weight: bold">Level 2</font> - Inputs other than Level 1 that are observable, either directly or indirectly, such as unadjusted quoted prices for similar assets and liabilities, unadjusted quoted prices in the markets that are not active, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities.</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"><font style="font-weight: bold">Level 3</font> - Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities.</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"> <div style="font: 10pt Times New Roman, Times, Serif"> <table cellspacing="0" cellpadding="0" class="DSPFListTable" id="zc3305e5f327644f58d65b126b5ee37d3" style="font: 10pt Times New Roman, Times, Serif; width: 100%; text-align: left; color: #000000"> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; width: 20.25pt"><br /> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 27pt; vertical-align: top">E.</td> <td style="font: 10pt Times New Roman, Times, Serif; width: auto; vertical-align: top; text-align: justify"> <div style="font: bold 10pt Times New Roman, Times, Serif">Basic and diluted net loss per share</div> </td> </tr> </table> </div> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">Basic loss per share is computed by dividing the net loss applicable to holders of common stock by the weighted average number of shares of common stock outstanding during the year. Diluted loss per share is computed by dividing the net loss applicable to holders of common stock by the weighted average number of shares of common stock outstanding plus the number of additional shares of common stock that would have been outstanding if all potentially dilutive common stock had been issued, using the treasury stock method, in accordance with ASC 260-10 “Earnings per Share.” Potentially dilutive shares of common stock were excluded from the diluted loss per share calculation because they were anti-dilutive.</div> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">The weighted average number of shares outstanding has been retroactively restated for the equivalent number of shares received by the accounting acquirer as a result of the reverse merger as if these shares had been outstanding as of the beginning of the earliest period presented.</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"> <div style="font: 10pt Times New Roman, Times, Serif"> <table cellspacing="0" cellpadding="0" class="DSPFListTable" id="zbe6f14a6756e4d4983d100a2b50c0e24" style="font: 10pt Times New Roman, Times, Serif; width: 100%; text-align: left; color: #000000"> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; width: 20.25pt"><br /> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 27pt; vertical-align: top">F.</td> <td style="font: 10pt Times New Roman, Times, Serif; width: auto; vertical-align: top; text-align: justify"> <div style="font: bold 10pt Times New Roman, Times, Serif">Research and development expenses, net</div> </td> </tr> </table> </div> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">Research and development expenses are charged to the statement of operations as incurred.</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <table cellspacing="0" cellpadding="0" class="DSPFListTable" id="z2a7afc5e18664ff1a186690e7d485493" style="font: 10pt Times New Roman, Times, Serif; width: 100%; text-align: left; color: #000000"> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; width: 20.25pt"><br /> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 27pt; vertical-align: top">G.</td> <td style="font: 10pt Times New Roman, Times, Serif; width: auto; vertical-align: top; text-align: justify"> <div style="font: bold 10pt Times New Roman, Times, Serif">Income Tax</div> </td> </tr> </table> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">The Company accounts for income taxes in accordance with ASC 740, “Income Taxes.” This topic prescribes the use of the liability method whereby deferred tax asset and liability account balances are determined based on differences between financial reporting and tax bases of assets and liabilities. As such, deferred taxes are computed based on the tax rates anticipated (under applicable law as of the balance sheet date) to be in effect when the deferred taxes are expected to be paid or realized.</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"> <div style="font: 10pt Times New Roman, Times, Serif"> <table cellspacing="0" cellpadding="0" class="DSPFListTable" id="zc990c4d6335e47efb2dae45c2cd89425" style="font: 10pt Times New Roman, Times, Serif; width: 100%; text-align: left; color: #000000"> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; width: 20.25pt"><br /> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 27pt; vertical-align: top">H.</td> <td style="font: 10pt Times New Roman, Times, Serif; width: auto; vertical-align: top; text-align: justify"> <div style="font: bold 10pt Times New Roman, Times, Serif">Share-based compensation</div> </td> </tr> </table> </div> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">The Company applies ASC 718-10, “Share-Based Payment,” which requires the measurement and recognition of compensation expenses for all share-based payment awards made to service providers, employees and directors including stock options under the Company's stock plans based on estimated fair values.</div> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">ASC 718-10 requires companies to estimate the fair value of stock options using an option-pricing model. The value of the portion of the award that is ultimately expected to vest is recognized as an expense over the requisite service periods in the Company's statement of operations.</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">The Company estimates the fair value of stock options granted as share-based payment awards using a Black-Scholes options pricing model. The option-pricing model requires a number of assumptions, of which the most significant are share price, expected volatility and the expected option term (the time from the grant date until the options are exercised or expire). Expected volatility is estimated based on the volatility of similar companies in the technology sector for equity awards granted prior to the Merger and on the Company's trading share price for equity awards granted subsequent to the Merger.  The Company has historically not paid dividends and has no foreseeable plans to issue dividends. The risk-free interest rate is based on the yield from governmental zero-coupon bonds with an equivalent term. The expected stock option term is calculated for stock options granted to employees and directors using the "simplified" method. Grants to non-employees are based on the contractual term. Changes in the determination of each of the inputs can affect the fair value of the stock options granted and the results of operations of the Company.</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"> <div style="font: 10pt Times New Roman, Times, Serif"> <table cellspacing="0" cellpadding="0" id="z8b85b63ed43f420293c66dfa408f20ab" class="DSPFListTable" style="font: 10pt Times New Roman, Times, Serif; width: 100%; text-align: left; color: #000000"> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; width: 20.25pt"><br /> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 27pt; vertical-align: top">I.</td> <td style="font: 10pt Times New Roman, Times, Serif; width: auto; vertical-align: top; text-align: justify"> <div style="font: bold 10pt Times New Roman, Times, Serif">Recent Accounting Standards</div> </td> </tr> </table> </div> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"> <br /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">In June 2016, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments (“ASU 2016-13”), which requires the measurement and recognition of expected credit losses for financial assets held at amortized cost. ASU 2016-13, and subsequent related amendments to ASU 2016-13, replace the existing incurred loss impairment model with an expected loss model that requires the use of forward-looking information to calculate credit loss estimates. The Company adopted this ASU, effective January 1, 2020, using the modified retrospective approach, and the effect on the Company's consolidated condensed financial statements and related disclosures was not material.</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">In August 2018, the FASB issued ASU No. 2018-13, <font style="font-style: italic">"Fair Value Measurements (Topic 820)."</font> This ASU modifies the disclosures on fair value measurements by removing the requirements to disclose the amount and reasons for transfers between Level 1 and Level 2 of the fair value hierarchy and the policy for timing of such transfers. The ASU expands the disclosure requirements for Level 3 fair value measurements, primarily focused on changes in unrealized gains and losses included in other comprehensive income. The Company adopted this ASU effective January 1, 2020, and the effect on the Company's disclosures in its consolidated condensed financial statements was not material</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">In December 2019, the FASB issued ASU No. ASU 2019-12, <font style="font-style: italic">"Simplifying the Accounting for Income Taxes". </font>This ASU amends Accounting Standards Codification ("ASC") 740 by removing certain exceptions to the general principles, clarifying and amending existing guidance. This guidance is effective for fiscal years, and interim periods within those years, beginning after December 15, 2020. The Company is evaluating the standard to determine the impact on the consolidated condensed financial statements.</div></div>
</us-gaap:SignificantAccountingPoliciesTextBlock>
<us-gaap:NewAccountingPronouncementsPolicyPolicyTextBlock contextRef="D2020-01-01_To_2020-03-31">
<div style="font: 10pt Times New Roman, Times, Serif"><div style="font: 10pt Times New Roman, Times, Serif"><div style="font: 10pt/1.25 Times New Roman, Times, Serif"><div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"><div style="font: 10pt Times New Roman, Times, Serif"><table cellspacing="0" cellpadding="0" id="z8b85b63ed43f420293c66dfa408f20ab" class="DSPFListTable" style="font: 10pt Times New Roman, Times, Serif; width: 100%; text-align: left; color: #000000"> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif; width: 20.25pt"><br /> </td> <td style="font: 10pt Times New Roman, Times, Serif; width: 27pt; vertical-align: top">I.</td> <td style="font: 10pt Times New Roman, Times, Serif; width: auto; vertical-align: top; text-align: justify"> <div style="font: bold 10pt Times New Roman, Times, Serif">Recent Accounting Standards</div> </td> </tr> </table> </div> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify"> <br /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">In June 2016, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments (“ASU 2016-13”), which requires the measurement and recognition of expected credit losses for financial assets held at amortized cost. ASU 2016-13, and subsequent related amendments to ASU 2016-13, replace the existing incurred loss impairment model with an expected loss model that requires the use of forward-looking information to calculate credit loss estimates. The Company adopted this ASU, effective January 1, 2020, using the modified retrospective approach, and the effect on the Company's consolidated condensed financial statements and related disclosures was not material.</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif; text-align: justify">In August 2018, the FASB issued ASU No. 2018-13, <font style="font-style: italic">"Fair Value Measurements (Topic 820)."</font> This ASU modifies the disclosures on fair value measurements by removing the requirements to disclose the amount and reasons for transfers between Level 1 and Level 2 of the fair value hierarchy and the policy for timing of such transfers. The ASU expands the disclosure requirements for Level 3 fair value measurements, primarily focused on changes in unrealized gains and losses included in other comprehensive income. The Company adopted this ASU effective January 1, 2020, and the effect on the Company's disclosures in its consolidated condensed financial statements was not material</div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif"><br style="line-height: 1.25" /> </div> <div style="font: 10pt/1.25 Times New Roman, Times, Serif">In December 2019, the FASB issued ASU No. ASU 2019-12, <font style="font-style: italic">"Simplifying the Accounting for Income Taxes". </font>This ASU amends Accounting Standards Codification ("ASC") 740 by removing certain exceptions to the general principles, clarifying and amending existing guidance. This guidance is effective for fiscal years, and interim periods within those years, beginning after December 15, 2020. The Company is evaluating the standard to determine the impact on the consolidated condensed financial statements.</div></div></div></div>
</us-gaap:NewAccountingPronouncementsPolicyPolicyTextBlock>
<link:footnoteLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">
<link:loc xlink:type="locator" xlink:href="#Foot-00-0" xlink:label="Foot-00_loc"/>
<link:loc xlink:type="locator" xlink:href="#Foot-00-1" xlink:label="Foot-00_loc"/>
<link:loc xlink:type="locator" xlink:href="#Foot-00-2" xlink:label="Foot-00_loc"/>
<link:loc xlink:type="locator" xlink:href="#Foot-00-3" xlink:label="Foot-00_loc"/>
<link:loc xlink:type="locator" xlink:href="#Foot-00-4" xlink:label="Foot-00_loc"/>
<link:loc xlink:type="locator" xlink:href="#Foot-00-5" xlink:label="Foot-00_loc"/>
<link:loc xlink:type="locator" xlink:href="#Foot-00-6" xlink:label="Foot-00_loc"/>
<link:loc xlink:type="locator" xlink:href="#Foot-00-7" xlink:label="Foot-00_loc"/>
<link:loc xlink:type="locator" xlink:href="#Foot-00-8" xlink:label="Foot-00_loc"/>
<link:loc xlink:type="locator" xlink:href="#Foot-00-9" xlink:label="Foot-00_loc"/>
<link:loc xlink:type="locator" xlink:href="#Foot-00-10" xlink:label="Foot-00_loc"/>
<link:loc xlink:type="locator" xlink:href="#Foot-00-11" xlink:label="Foot-00_loc"/>
<link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-00_loc" xlink:to="Footnote-01" order="1"/>
<link:loc xlink:type="locator" xlink:href="#Foot-01-0" xlink:label="Foot-01_loc"/>
<link:loc xlink:type="locator" xlink:href="#Foot-01-1" xlink:label="Foot-01_loc"/>
<link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-01_loc" xlink:to="Footnote-02" order="1"/>
<link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-01" xml:lang="en-US"> Represents an amount lower than $1,000 USD </link:footnote>
<link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-02" xml:lang="en-US"> Utilization of U.S. net operating losses may be subject to substantial annual limitation due to the "change in ownership" provisions of the Internal Revenue Code of 1986, as amended, and similar state provisions. The annual limitation may result in the expiration of net operating losses before utilization. </link:footnote>
</link:footnoteLink>
</xbrli:xbrl>

↑Top
Filing Submission 0001178913-20-001480   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)
Copyright © 2024 Fran Finnegan & Company LLC – All Rights Reserved.
About — Privacy — Redactions — Help — Mon., Apr. 29, 11:46:01.1pm ET