TAXES ON INCOME (Tables)

12 Months Ended

Dec. 31, 2016

TAXES ON INCOME [Abstract]

Schedule of Deferred Tax Assets

The components of the Company’s net deferred tax assets at December 31, 2015 and 2016 were as follows:

	December 31,
(U.S. dollars in thousands)	2015		2016
In respect of:
Timing Differences	$	3,588	$	3,520
Net operating loss carry forwards		33,451		38,515
Valuation allowance		(37,039)		(42,035)
		-		-

Schedule of Open Tax Years

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

Jurisdiction:	Years:
Israel	2013-2016
United States (*)	2013-2016

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