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COMMITMENTS AND CONTINGENT LIABILITIES
12 Months Ended
Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies Disclosure [Text Block]
NOTE 7:-
COMMITMENTS AND CONTINGENT LIABILITIES
 
a.
The facilities and motor vehicles of Ltd. are leased under several operating lease agreements.
 
Ltd. is party to a lease agreement in Israel for its offices for a period of 36 months commencing January 1, 2014 and scheduled to expire on December 31, 2016.
 
Commencing November 13, 2011 and through the year ended 2014, Ltd. entered into several motor vehicle lease agreement for a period of 36 months. As of December 31, 2014 the Company maintains 13 leased cars.
 
As of December 31, 2014, the future minimum aggregate lease commitments under non-cancelable operating lease agreements are as follows:
 
 
 
 
 
Motor
 
 
 
As of ended December 31,
 
Facilities
 
vehicles
 
Total
 
 
 
 
 
 
 
 
 
2015
 
$
135
 
$
112
 
$
247
 
2016
 
 
135
 
 
62
 
 
197
 
2017
 
 
-
 
 
20
 
 
20
 
 
 
 
 
 
 
 
 
 
 
 
 
 
$
270
 
$
194
 
$
464
 
 
Facility and motor vehicle lease expenses for the year ended December 31, 2014 and 2013 were $273 and $468, respectively.
 
b.
As of December 31, 2014, Ltd. established guarantees to cover rent agreements and credit cards commitments amounted to $58 and $23, respectively.