NOTE 12—SUPPLEMENTARY FINANCIAL INFORMATION:
| December 31 | ||||||||
| 2017 | 2016 | |||||||
|
U.S. dollars in thousands |
||||||||
| a. Other current assets: | ||||||||
| Institutions - VAT | $ | 865 | $ | 144 | ||||
| Prepaid expenses | 282 | 408 | ||||||
| Government grants receivable | 482 | 768 | ||||||
| Other | 100 | — | ||||||
| $ | 1,729 | $ | 1,320 | |||||
| b. Accounts payable—other: | ||||||||
| Accrued expenses | $ | 2,956 | $ | 1,923 | ||||
| Employee—related accrued expenses | 317 | 217 | ||||||
| Provision for vacation | 192 | 126 | ||||||
| $ | 3,465 | $ | 2,266 | |||||
| Year ended December 31 | ||||||||||||
| 2017 | 2016 | 2015 | ||||||||||
|
U.S. dollars in thousands |
||||||||||||
| c. Research and development expenses, net: | ||||||||||||
| Payroll and related expenses | $ | 4,636 | $ | 2,921 | $ | 2,807 | ||||||
| Subcontractors and consultation | 12,450 | 8,894 | 7,227 | |||||||||
| Materials | 768 | 556 | 762 | |||||||||
| Patent expenses | 797 | 752 | 1,324 | |||||||||
| Depreciation | 106 | 88 | 88 | |||||||||
| Office rent and maintenance | 721 | 397 | 404 | |||||||||
| Other | 481 | 539 | 437 | |||||||||
| 19,959 | 14,147 | 13,049 | ||||||||||
| Government grants (see note 9e) | (2,189 | ) | (1,700 | ) | (1,851 | ) | ||||||
| $ | 17,770 | $ | 12,447 | $ | 11,198 | |||||||
| d. Administrative and general expenses: | ||||||||||||
| Payroll and related expenses | $ | 2,681 | $ | 1,499 | $ | 843 | ||||||
| Management and professional fees | 2,212 | 1,614 | 2,018 | |||||||||
| Foreign travel | 279 | 259 | 236 | |||||||||
| Depreciation | 50 | 42 | 34 | |||||||||
| Other | 625 | 414 | 542 | |||||||||
| $ | 5,847 | $ | 3,828 | $ | 3,673 | |||||||
| e. Marketing expenses | ||||||||||||
| Payroll and related expenses | $ | 346 | — | — | ||||||||
| Consultation | 216 | — | — | |||||||||
| $ | 562 | — | — | |||||||||