Annual report pursuant to Section 13 and 15(d)

Income Taxes (Tables)

v3.20.4
Income Taxes (Tables)
 12 Months Ended
Dec. 31, 2020
Income Tax Disclosure [Abstract]  
Schedule of deferred tax assets
    December 31,  
    2020     2019  
Deferred tax assets:            
Net operating loss carryforwards – Federal and state   $ 3,371       2,183  
Net operating loss carryforwards – Israel     16,323       12,680  
Share based compensation     1,268       1,004  
Capitalized research and development     734       731  
Accrued liabilities and reserves     743       841  
Total deferred tax assets     22,439       17,439  
Deferred tax liabilities:                
Right of use asset     (132 )     (168 )
Other     (16 )     (5 )
Total deferred tax liabilities     (148 )     (173 )
Net deferred tax assets before valuation allowance     22,291       17,266  
Valuation allowance     (22,291 )     (17,266 )
Net deferred tax assets after valuation allowance   $ -     $ -  
Schedule of effective income tax rate reconciliation
    For the Year Ended December 31,  
    2020     2019  
U.S. federal statutory tax rate     21.0 %     21.0 %
State income taxes, net of federal benefit     4.2       0.9  
U.S. vs. foreign tax rate differential     1.5       1.7  
Non-deductible expenses     (0.6 )     (1.4 )
Change in valuation allowance     (26.1 )     (22.2 )
Effective tax rate     - %     - %
Schedule of reconciliation NOLs
    December 31,  
    2020     2019  
U.S. Federal NOL's   $ 10,724     $ 8,630  
U.S. State NOL's     9,314       7,219  
Israel NOL's     70,971       55,132  
Total NOL's   $ 91,009     $ 70,981