TAXES ON INCOME (Tables)

12 Months Ended

Dec. 31, 2019

TAXES ON INCOME

Schedule of Deferred Tax Assets

The components of the Company’s net deferred tax assets at December 31, 2018 and 2019 were as follows:

	December 31,
(U.S. dollars in thousands)	2018		2019
In respect of:
Research and development expenses	$	6,188	$	9,247
Other timing differences		(11)		25
Net operating loss carry forwards		49,436		50,236
Valuation allowance		(55,613)		(59,508)
		—		—

Schedule of Open Tax Years

A summary of open tax years by major jurisdiction is presented below:

Jurisdiction:	Years:
Israel	2015-2019
United States (*)	2015-2019

(*)Includes federal, state and local (or similar provincial jurisdictions) tax positions.