FORMULA SYSTEMS (1985) LTD | CIK:0001045986 | 3

  • Filed: 5/15/2018
  • Entity registrant name: FORMULA SYSTEMS (1985) LTD (CIK: 0001045986)
  • Generator: Ez-XBRL
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1045986/000121390018006332/0001213900-18-006332-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1045986/000121390018006332/forty-20171231.xml
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  • ifrs-full:DisclosureOfSharebasedPaymentArrangementsExplanatory

       Year ended December 31, 
       2016  2017 
            
     Cost of revenues $15  $7 
     Research and development expenses  17   8 
     Selling and marketing expenses  71   - 
     General and administrative expenses  4,266   3,972 
     Total stock-based compensation expense $4,369  $3,987