Ability (ABILF) 20-F 2 May 16 2015 FY Annual report (foreign) Financial data

Document and Entity Information

Document and Entity Information	12 Months Ended
	Dec. 31, 2015shares
Document and Entity Information [Abstract]
Entity Registrant Name	Ability Inc.
Entity Central Index Key	1,652,866
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Type	20-F
Document Period End Date	Dec. 31, 2015
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2,015
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding	25,756,142

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
CURRENT ASSETS:
Cash (VIE - $764 thousand and $856 thousand as of December 31, 2015 and 2014, respectively)	$ 25,829	$ 11,709
Restricted deposits	325	487
Accounts receivable (VIE - $593 thousand and $0 thousand as of December 31, 2015 and 2014, respectively)	3,804	$ 48
Accumulated costs with respect to project in excess of progress payment	$ 457
Loans to related company		$ 709
Due from Controlling Shareholders	$ 574
Other current assets (VIE - $137 thousand and $460 thousand as of December 31, 2015 and 2014, respectively)	1,812	$ 632
Total Current Assets	32,801	13,585
NON-CURRENT ASSETS:
Other assets	112	$ 158
Restricted deposit for put option	11,900
Property and equipment, net	757	$ 712
Total Non-Current Assets	12,769	870
Total Assets	45,570	14,455
CURRENT LIABILITIES:
Accrued payroll and other compensation related accruals	60	848
Accounts payable and accrued expenses	145	70
Income tax payable	$ 6,062	191
Deferred income tax		423
Other accounts payable	$ 941	229
Accrued expenses and accounts payable with respect to Projects (VIE - $588 thousand and $182 thousand as of December 31, 2015 and 2014, respectively)	$ 7,725	3,882
Due to Controlling Shareholders		$ 21
Due to related company	$ 600
Dividend payables		$ 1,163
Progress payments in excess of accumulated costs with respect to Projects (VIE - $0 and $503 thousand as of December 31, 2015 and 2014, respectively)		5,646
Total Current Liabilities	$ 15,533	12,473
NON-CURRENT LIABILITIES:
Other accounts payable	112	$ 158
Put option liability	11,900
Accrued severance pay	270	$ 99
Total Non-Current Liabilities	12,282	257
Total Liabilities	$ 27,815	$ 12,730
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS' EQUITY
Preferred shares $0.0001 par value, 5,000,000 shares authorized, 0 shares issued and outstanding at December 31, 2015.
Ordinary shares $0.0001 par value, 200,000,000 shares authorized, 25,276,142 shares issued and outstanding at December 31, 2015.	$ 3	$ 3
Additional paid in capital	18,560	32
Retained earnings (deficit) (VIE - $906 thousand and $631 thousand as of December 31, 2015 and 2014, respectively)	(808)	1,690
Total Shareholders' Equity	17,755	1,725
Total Liabilities and Shareholders' Equity	$ 45,570	$ 14,455

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Cash (VIE)	$ 764	$ 856
Accounts receivable (VIE)	593	0
Other current assets (VIE)	137	460
Accrued expenses and accounts payable (VIE)	588	182
Progress payments of accumulated costs (VIE)	0	503
Retained earnings (VIE)	$ 906	$ 631
Preferred shares, par value per share	$ 0.0001	$ 0.0001
Preferred shares, authorized	5,000,000	5,000,000
Preferred shares, outstanding	0	0
Preferred shares, issued	0	0
Ordinary shares, par value per share	$ 0.0001	$ 0.0001
Ordinary shares, shares authorized	200,000,000	200,000,000
Ordinary shares, shares issued	25,276,142	25,276,142
Ordinary shares, shares outstanding	25,276,142	25,276,142

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Consolidated Statements of Comprehensive Income (Loss) [Abstract]
Revenues	$ 52,151	$ 21,444	$ 5,903
Cost of revenues	29,654	13,968	4,785
Gross profit	22,497	7,476	1,118
Sales and marketing expenses	3,305	3,064	665
General and administrative expenses	1,317	469	419
Operating income	17,875	3,943	34
Finance expenses (income), net	99	(269)	371
Income (loss) before income tax	17,776	4,212	(337)
Income tax expenses (benefit)	3,023	1,090	(57)
Net and comprehensive income (loss)	$ 14,753	$ 3,122	$ (280)
Basic and diluted income (loss) per share (U.S. dollar)	$ 0.60	$ 0.13	$ (0.01)

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders' Equity (Deficit) - USD ($) $ in Thousands	Total	Preferred shares	Ordinary Shares	Additional paid in capital	Retained earnings (accumulated losses)
Balance at Dec. 31, 2011	$ (886)		$ 3	$ 32	$ (921)
Balance, Shares at Dec. 31, 2011			25,276,142
Adjustments	(231)				(231)
Balance at Dec. 31, 2012	(1,117)		$ 3	32	(1,152)
Balance, Shares at Dec. 31, 2012			25,276,142
Net and comprehensive income (loss)	(280)				(280)
Balance at Dec. 31, 2013	(1,397)		$ 3	32	(1,432)
Balance, Shares at Dec. 31, 2013			25,276,142
Net and comprehensive income (loss)	3,122				3,122
Balance at Dec. 31, 2014	1,725		$ 3	32	1,690
Balance, Shares at Dec. 31, 2014			25,276,142
Recapitalization of Cambridge accumulated deficit and issuance of ordinary shares as part of the Reverse Merger	18,528			18,528
Dividends	(17,251)				(17,251)
Net and comprehensive income (loss)	14,753				14,753
Balance at Dec. 31, 2015	$ 17,755		$ 3	$ 18,560	$ (808)
Balance, Shares at Dec. 31, 2015			25,276,142

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	$ 14,753	$ 3,122	$ (280)
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Depreciation	132	128	115
Capital (gain) loss	18	7	(1)
Changes in operating assets and liabilities:
Restricted deposits	162	259	(460)
Accounts receivable	(3,756)	161	430
Deferred tax	(423)	938	(124)
Other current assets	(1,180)	(140)	(190)
Accrued payroll and other compensation related accruals	(788)	165	131
Accounts payable and accrued expenses	75	32	9
Income tax payable	2,426	104	(273)
Other accounts payable	694	67	127
Accrued expenses and accounts payable with respect to Projects	3,376	$ 3,407	$ (464)
Due to related party	600
Due from/to Controlling Shareholders, net	(595)	$ 6	$ (126)
Progress payments in excess of accumulated costs with respect to Projects (accumulated costs with respect to project in excess of progress payments)	(6,103)	4,669	1,754
Accrued severance pay	171	(32)	(34)
Total Adjustments	(5,191)	9,771	894
Net cash provided by operating activities	9,562	12,893	614
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of property and equipment	(353)	(277)	(265)
Proceeds from sale of property and equipment	158	159	13
Loans repaid by (granted to) related company, net	709	(500)	(209)
Net cash provided by (used in) investing activities	514	$ (618)	$ (461)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from the Reverse Merger, net of transaction costs	$ 18,995
Income tax paid on behalf of the Controlling Shareholders		$ (125)	$ (300)
Dividends paid	$ (14,951)	(817)	(231)
Net cash provided by (used in) financing activities	4,044	(942)	(531)
Net Change In Cash	14,120	11,333	(378)
CASH AT BEGINNING OF THE YEAR	11,709	376	754
CASH AT END OF THE YEAR	25,829	11,709	376
Cash paid:
Interest and banks' charges	40	30	43
Income tax	$ 568	$ 338	$ 776

Organization and Business Opera

Organization and Business Operation	12 Months Ended
	Dec. 31, 2015
Organization and Business Operation [Abstract]
ORGANIZATION AND BUSINESS OPERATION	NOTE 1 - ORGANIZATION AND BUSINESS OPERATION: a. General - Ability Inc. ("Inc") was incorporated under the laws of the Cayman Islands on September 1, 2015, originally as Cambridge Holdco Corp., an exempted company. Inc was formed as a wholly-owned subsidiary of Cambridge Capital Acquisition Corporation ("Cambridge"), a special purpose acquisition corporation, incorporated under the laws of Delaware on October 1, 2013. Cambridge closed its initial public offering and a simultaneous private placement on December 23, 2013. On December 23, 2015, upon a merger of Cambridge into Inc, with Inc surviving the merger and becoming the public entity, Inc consummated a business combination whereby it acquired Ability Computer & Software Industries, Ltd., an Israeli company (the “Company”), by way of a share exchange (the "Reverse Merger"), following which the Company became Inc’s wholly-owned subsidiary. Upon the closing of the Reverse Merger, Inc's ordinary shares and warrants began trading on the NASDAQ Capital Market under the symbols “ABIL” and “ABILW”, respectively. Inc’s warrants were delisted on April 18, 2016 and since such date have traded on the “Pink Sheets” under the symbol “ABIWF”. On January 12, 2016 its ordinary shares were listed for trading on the Tel Aviv Stock Exchange. Inc, the Company and Ability Security Systems Ltd. ("ASM") are jointly defined as the “Group”. b. The Reverse Merger - 1. The Company's shareholders prior to the closing of the Reverse Merger, Anatoly Hurgin and Alexander Aurovsky (the "Controlling Shareholders") received in the Reverse Merger: 16,213,268 ordinary shares of Inc (reflecting approximately 63% of Inc's issued and outstanding ordinary shares immediately following the Reverse Merger); $18.1 million in cash and an additional number of ordinary shares of Inc to be issued upon and subject to the Company achieving certain net income targets following the share exchange, as described below (the "Net Income Shares"), as consideration for their shares of the Company. Of the ordinary shares of Inc received by the Controlling Shareholders as consideration for the Reverse Merger, 948,515 2. Migdal Underwriting and Business Initiatives Ltd. ("Migdal") received in the Reverse Merger: 480,000 ordinary shares of Inc; $1.2 million in cash and up to 253,500 Net Income Shares, all in consideration for services provided by them with respect to the Reverse Merger. 3. Inc acquired from the sole shareholder of ASM, Eyal Tzur (the "ASM Former Shareholder") 16% of the shares of ASM, a variable interest entity with the Company as its primary beneficiary, for $0.9 million in cash and a put option to sell his remaining holdings to Inc in exchange for 480,000 of Inc's ordinary shares and up to 253,500 Net Income Shares. The put option was exercised in January 2016 in exchange for 456,000 of Inc's ordinary shares that were released from escrow to the ASM Former Shareholder and 24,000 of Inc's ordinary shares shall remain in escrow until January 24, 2017 (i.e., one year following the closing of the put option) to secure the ASM Former Shareholder’s indemnification obligations under the agreement for the acquisition of ASM. 4. The Company's transaction costs with respect to the Reverse Merger were $6.3 million and include Migdal's service fees ($1.2 million in cash and ordinary shares valued at $4.3 million as detailed above) and other consulting expenses (the "Transaction Costs"). 5. The Controlling Shareholders, Migdal and ASM Former Shareholder will be entitled to receive Net Income Shares based on the Company's achievement of specified net income targets in the fiscal years 2015 to 2018 as set out below: Number of Inc's ordinary shares Fiscal year Net Income Target Controlling Shareholders Migdal ASM Former Shareholder Total 2015 $ 27,000,000 3,384,000 108,000 108,000 3,600,000 2016 $ 40,000,000 1,739,000 55,500 55,500 1,850,000 2017 $ 60,000,000 1,880,000 60,000 60,000 2,000,000 2018 $ 80,000,000 940,000 30,000 30,000 1,000,000 In the event that the Group fail to satisfy the net income target for any fiscal year but net income for such fiscal year is ninety percent (90%) or more of the net income target for such fiscal year, then Inc is required to issue to the Controlling Shareholders, Migdal and ASM Former Shareholder, the pro rata portion of Net Income Shares relating to the percentage achieved. The net income target of the Group for 2015 was not achieved. However, if the net income for 2016 is ninety percent (90%) or more of 2016's net income target, then Inc is required to issue to the Controlling Shareholders, Migdal and ASM Former Shareholder, the pro rata portion of Net Income Shares relating to the net income achieved for 2016 as well as Net Income Shares relating to 2015 based on the same percentage. 6. The remaining funds in the restricted trust account of Cambridge amounted to $81.3 million of which: $21.6 million was paid to the holders of 2,136,751 ordinary shares of Cambridge who elected to convert their shares into cash upon consummation of the Reverse Merger; $18.1 million and $11.9 million were paid to the Controlling Shareholders and deposited in an escrow account to secure their put option, respectively; $0.9 million was paid to ASM Former Shareholder; $7.8 million was used to pay outstanding accounts payable and accrued expenses of Cambridge; $2 million was used to pay for the Company's Transaction Costs. The balance of $19 million was made available as working capital for the use of the Group. c. Business operations - The Group provides advanced interception, monitoring and cyber intelligence tools to serve the needs and increasing challenges of security and intelligence agencies, military forces, law enforcement agencies and homeland security agencies worldwide. The Group provides innovative tailored solutions with lean and flexible processes that enable short sale cycles and fast delivery. d. Regulatory matters - Certain solutions in certain countries are subject to the Israeli Control Order of Commodities and Services - 1974, and the Israeli Control Order Regarding the Engagement in Encryption Items - 1998 regulated under the Encryptions Export Control Department in the Israeli Ministry of Defense (“IMOD”) (the "Decryption Regime"). Other solutions sold through ASM are subject to the Israeli Defense Export Control Law - 2007 (the "2007 Law") regulated under DECA (the Defense Export Control Agency in IMOD). ASM is an Israeli corporation registered with DECA as a certified exporter, 84% owned (until January 2016) by ASM Former Shareholder. The ASM Former Shareholder’s other wholly-owned Israeli corporation also provides consultancy services to the Company. The 2007 Law regulates the export of defense equipment, transfer of defense know-how and the provision of defense services, taking into account national security considerations, foreign relations considerations, international obligations and other interests of the State of Israel. In addition, the 2007 Law provides that the sale of products to certain customers, mostly armed forces, requires a license from the Israeli Ministry of Defense. For the most part, the Company's products are manufactured outside of Israel and therefore are not subject to the general provisions of the 2007 Law. The Company's interception systems that contain decryption capabilities may be subject to the Decryption Regime and therefore have obtained necessary licenses thereunder. All of the Company’s systems that are physically handled in Israel are commercial off the shelf systems which do not include controlled technologies or controlled items. Any controlled components of the Company's systems are sent to the customers directly by the foreign suppliers of such components, which are located outside of Israel, and are installed or integrated there by the Company or others under its responsibility. Any systems that include Israeli-made controlled items were sold by ASM pursuant to the JV Agreement described below. ASM is responsible for registering and applying for licenses from DECA when necessary, as well as to coordinate all legal, financial and regulatory issues involved. e. ASM - The Company and the ASM Former Shareholder were parties to a long-term agreement (the "JV Agreement") pursuant to which the Company contributed the substantial business efforts while ASM was responsible mainly for the regulatory aspects of pursuing business opportunities in the field of DECA controlled products. The JV Agreement could be terminated and/or the activities could be transferred to the Company's full ownership at any time, subject to the Company’s exclusive discretion. The Company and the Controlling Shareholders were significantly involved in the redesign of ASM’s operations, in such manner that in essence, the operations are conducted only in favor of the Company (ASM has no other activities other than on behalf of the Company). Moreover, according to the JV Agreement, ASM is required to negotiate and determine any project terms and sign contracts with the clients - all with full transparency, coordination and advance consent from the Company, as applicable. Upon the closing of the Reverse Merger, the JV agreement was terminated while maintaining its terms for the existing projects. As mentioned above, in January 2016, ASM Former Shareholder exercised its put option, resulting in ASM becoming a wholly-owned subsidiary of Inc. The Company had the power to govern ASM's operations through the provision requiring its consent of any new client which ASM wishes to accept. The Company is entitled to all but 3% commission (the return that ASM Former Shareholder is entitled to as a service provider) of ASM's net results which are transferred to the Company, and is fully responsible for indemnifying ASM for any losses incurred as part of their joint operations (ASM Former Shareholder does not have any obligation to absorb ASM’s losses) or any negative consequences with respect to the performance of a project. When the activities of ASM commenced (following conclusion of the JV agreement) it did not have equity at risk (no equity and no subordinated loans). All the equity that ASM has achieved is based on transactions involving the Company. There are no restrictions on ASM's assets. Any required financial guarantees are provided by the Company. Given the Company’s exposure and rights to the outcome of ASM’s operations, among other factors described above, the Company concluded that ASM is a Variable Interest Entity ("VIE") and that the Company is its primary beneficiary. Therefore, the consolidated financial statements include the financial information of all three entities (Inc, the Company and ASM).

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2015
Summary of Significant Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: a. Basis of presentation: The accompanying consolidated financial statements have been prepared in accordance with United States generally accepted accounting principles (“GAAP”) and include all adjustments necessary for the fair presentation of the Group’s financial position, results of operations, changes in shareholders' equity (deficit) and cash flows for the periods presented. The Reverse Merger is accounted for as a reverse merger whereby Inc is treated as the “acquired” company for financial reporting purposes. This determination was primarily based on the Company comprising the ongoing operations of the combined company, the Company’s senior management comprising the senior management of the combined company, and that the former shareholders of the Company are the controlling shareholders of Inc after the Reverse Merger. The Reverse Merger is considered to be a capital transaction in substance. Accordingly, for accounting purposes, the Reverse Merger is treated as the equivalent of the Company issuing shares for the net assets of Inc, accompanied by a recapitalization. The net assets of Inc are stated at historical cost, with no goodwill or other intangible assets recorded. Operations prior to the Reverse Merger are those of the Company, and therefore the historical consolidated financial statements presented are the consolidated financial statements of the Company and the ordinary shares and the corresponding capital amounts pre-merger have been retroactively restated as ordinary shares reflecting the exchange ratio in the merger. b. Principles of consolidation: The consolidated financial statements include the accounts of Inc, the Company and ASM. All intercompany accounts and transactions have been eliminated in the consolidation. c. Use of estimates: The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates, judgments and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. These estimates and assumptions are based on management’s best estimates and judgment. Management evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors and adjusts such estimates and assumptions when facts and circumstances dictate. As future events and their effects cannot be determined with precision, actual results could differ significantly from these estimates. d. Foreign currency: The currency of the primary economic environment in which the operations of the Group is conducted is the U.S. dollar ("Dollar" or "$"); thus, the Dollar is the functional currency of the Group. Therefore, the Group's transactions and balances denominated in Dollars are presented at their original amounts, while non-Dollar transactions and balances have been re-measured to Dollars and the relating gains and losses are reflected in the statements of comprehensive income (loss) as finance income or expenses, as appropriate. All amounts are presented in Dollars, unless otherwise indicated, rounded to the nearest thousands. e. Revenue recognition: The Group generates revenues from sales of products, which include hardware, software, connection to supportive infrastructure, integration services, training and warranty. The Group sells its products (the "Products") and provides services (the "Services") directly to end users and resellers and also participates as a subcontractor of prime contractors in joint projects and as a prime contractor in projects with resellers (the "Projects"). When a sale arrangement contains multiple elements, the Group allocates revenues to each element based on a selling price hierarchy. The selling price for a deliverable is based on its vendor-specific objective evidence (“VSOE”), if available, third party evidence ("TPE") if VSOE is not available, or estimated selling price ("ESP") if neither VSOE nor TPE is available. The Group establishes VSOE of selling price using the price charged for a deliverable when sold separately. When VSOE cannot be established, the Group attempts to establish selling price of each element based on TPE. TPE is determined based on competitor prices for similar deliverables when sold separately. Generally, the Group’s go-to-market strategy typically differs from that of its peers and its offerings contains a significant differentiation such that the comparable pricing of products with similar functionality cannot be obtained. Furthermore, the Group is unable to reliably determine what similar competitor products’ selling prices are on a standalone basis. Therefore, the Group is typically not able to determine TPE. The best ESP is established considering several external and internal factors including, but not limited to, historical sales, pricing practices and geographies in which the Group offers its products. The determination of ESP is based on applying significant judgment to weigh such factors. Products and Services: Revenues from sales of Products are recognized when the Group has delivered the Products to the customer and retained final acceptance, the revenue can be reliably measured and collectability of the receivables is reasonably assured. Revenues from sales of Services are recognized ratably in the accounting period in which the services are rendered (connection to supportive infrastructure is generally over one year). Projects: Revenues from Projects are recognized using the completed-contract method to determine the appropriate amount in a given period, as the Group is unable to produce reasonably dependable estimates due to involvement of many subcontractors and lack of transparency of prime contractors' progress. Under the completed-contract method, costs are accumulated on the balance sheet until the contract is completed or substantially completed. Similarly, amounts billed to customers are also deferred until the contract is completed or substantially completed. To the extent that the amount of accumulated costs exceeds the amount of advance (or progress) payments received or billed by the Group, the excess should be reflected on the balance sheet as a current asset, separated from inventory. To the extent that the amount of advance (or progress) payments received or billed by the Group exceeds the amount of accumulated costs, the excess is reflected as a liability on the balance sheet. In instances where revenues are derived from sales of third-party vendors' products or services and the Group is a principal in the transactions, revenues are recognized on a gross basis and the related costs are recognized within cost of revenues. f. Advertising costs: Advertising costs are expensed as incurred. In 2015, 2014 and 2013, advertising expenses were $26 thousand, $7 thousand and $14 thousand, respectively. g. Related parties: Related parties include the Controlling Shareholders and entities controlled by them. h. Fair value measurements Fair value is defined as the price that would be received by selling an asset or paid to transfer a liability (i.e. the ‘exit price’) in an arms’ length transaction between willing market participants at the measurement date. The applicable financial accounting rules establish a hierarchy for inputs used in measuring fair value. The hierarchy is divided into three levels based on the reliability of inputs: Level 1 - Valuations based on quoted prices in active markets for identical assets or liabilities that the Group has the ability to access. Level 2 - Valuations based on quoted prices in markets that are not active but for which all significant inputs are observable, either directly or indirectly. Level 3 - Valuations based on inputs that are unobservable and significant to the overall fair value measurement. The Group’s financial assets and liabilities as of December 31, 2015 and 2014 are measured based on Level 1 inputs. i. Property and equipment, net: Property and equipment are stated at cost less accumulated depreciation. Upon the retirement or disposition of property and equipment, the related costs and accumulated depreciation are removed and any related gain or loss is recorded in the statements of comprehensive income (loss). Repairs and maintenance that do not extend the life or improve an asset are expensed in the periods incurred. The Group evaluates its property and equipment for indicators of possible impairment when events or changes in circumstances indicate the carrying amount of an asset may not be recoverable. Impairment exists if the carrying amounts of such assets exceed the estimates of future net undiscounted cash flows expected to be generated by such assets. Should impairment exist, the impairment loss would be measured based on the excess carrying value of the asset over the asset’s estimated fair value. As of December 31, 2015 and 2014, the Group has not written down any of its property and equipment as a result of impairment. Depreciation is calculated using the straight-line method over the estimated useful lives of the assets, at the following annual rates: % Useful life (years) Vehicles 15 7 Leasehold improvements 10-20 5-10 Office furniture and equipment 7-10 10-14 Computers, electronics and related 15-33 3-7 j. Income tax: Deferred tax asset and liability accounts' balances are determined based on differences between the financial reporting and tax bases of assets and liabilities and are measured using the enacted tax rates and laws that will be in effect when the differences are expected to reverse. The Group accounts for deferred tax on non-distributed income that are subject to income tax once distributed and when there is an intent to distribute them. The Group applies the two-step approach in recognizing and measuring uncertain tax positions. The first step is to evaluate the tax position taken or expected to be taken in a tax return by determining if the weight of available evidence indicates that it is more likely than not that, on an evaluation of the technical merits, the tax position will be sustained on audit, including resolution of any related appeals or litigation processes. The second step is to measure the tax benefit as the largest amount that is more than 50% likely to be realized upon ultimate settlement. k. Earnings (loss) per share: The Group computes basic earnings or loss per share by dividing net income by the weighted-average number of ordinary shares outstanding during the period. However, consistent with the reverse merger accounting, the calculation of the weighted-average number of ordinary shares includes 24,582,874 shares (which include also 480,000 ordinary shares that were issued to ASM former shareholder upon exercise of its put option on its remaining ordinary shares of ASM, which was fully consolidated within these consolidated financial statements) assumed to be outstanding as of January 1, 2013. Further, the outstanding shares subject to put options were excluded, consistent with the accounting treatment of a put option liability. Income (loss) per share assuming dilution (diluted earnings (loss) per share) would give effect to dilutive warrants and other potential ordinary shares outstanding during the period, considering the treasury stock method. The outstanding warrants were "out-of-the-money" and the issuance of the Net Income Shares was not probable at any given period and therefore excluded from the calculation. Basic and diluted earnings (loss) per ordinary share data were computed as follows: Years Ended December 31, 2015 2014 2013 Restated Net income (loss) (U.S. dollar in thousands) 14,753 3,122 (280 ) Weighted-average ordinary shares outstanding - Basic and diluted 24,582,874 24,582,874 24,582,874 Earnings (loss) per ordinary basic and diluted (U.S. dollar) 0.60 0.13 (0.01 ) l. Reclassification: Certain amounts in prior years’ consolidated financial statements have been reclassified to conform to the current year's presentation. m. New accounting pronouncements not yet effective In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606). Topic 605, Revenue Recognition Subtopic 605-35, Revenue Recognition-Construction-Type and Production-Type Contracts

Restatement Previous Financial

Restatement Previous Financial Statements	12 Months Ended
	Dec. 31, 2015
Restatement Previous Financial Statements [Abstract]
RESTATEMENT PREVIOUS FINANCIAL STATEMENTS	NOTE 3 - RESTATEMENT PREVIOUS FINANCIAL STATEMENTS The consolidated financial statements as of December 31, 2014 and for the two years in the period then ended, have been restated to reflect correction of errors with respect to: previously unrecognized commissions due to a vendor on revenues that were recognized in 2014, 2013 and 2012; improper allocation and timing of revenue recognition from connection to supportive infrastructure in multiple element sale transactions recognized in 2014, 2013 and 2012, and; previously unrecognized commissions due to a third party on cost of revenues that were recognized in 2014: Statements of Comprehensive Income (Loss) for the: Year ended December 31, 2014 Previously reported Adjustments Restated (U.S. dollar in thousands) Revenues 22,134 (690 ) 21,444 Cost of revenues 14,654 (686 ) 13,968 Gross profit 7,480 (4 ) 7,476 Sales and marketing expenses 2,387 677 3,064 General and administrative expenses 469 - 469 Operating income 4,624 (681 ) 3,943 Finance income (269 ) - (269 ) Income before income tax 4,893 (681 ) 4,212 Income tax expenses 1,260 (170 ) 1,090 Net and comprehensive income 3,633 (511 ) 3,122 Year ended December 31, 2013 Previously reported Adjustments Restated (U.S. dollar in thousands) Revenues 5,588 315 5,903 Cost of revenues 4,455 330 4,785 Gross profit 1,133 (15 ) 1,118 Sales and marketing expenses 665 - 665 General and administrative expenses 419 - 419 Operating income 49 (15 ) 34 Finance expenses 371 - 371 Loss before income tax (322 ) (15 ) (337 ) Income tax benefit (53 ) (4 ) (57 ) Net and comprehensive loss (269 ) (11 ) (280 ) Balance Sheet as of (affected line items only): December 31, 2014 Previously reported Adjustments Restated (U.S. dollar in thousands) Income tax payable 310 (119 ) 191 Deferred income tax 555 (132 ) 423 Accrued expenses and accounts payable with respect to Projects 3,568 314 3,882 Progress payments in excess of accumulated costs with respect to projects 4,956 690 5,646 Shareholders' Equity 2,478 (753 ) 1,725

Restricted Deposits

Restricted Deposits	12 Months Ended
	Dec. 31, 2015
Restricted Deposits [Abstract]
RESTRICTED DEPOSITS	NOTE 4 - RESTRICTED DEPOSITS: The Group is required to provide banks performance guarantees in certain projects secured by deposits. As of December 31, 2015 and 2014, the Group's outstanding banks performance guarantees aggregated to $325 thousand and $487 thousand, respectively.

Property and Equipment, Net

Property and Equipment, Net	12 Months Ended
	Dec. 31, 2015
Property and Equipment, Net [Abstract]
PROPERTY AND EQUIPMENT, NET	NOTE 5 - PROPERTY AND EQUIPMENT, NET: Composition: December 31, 2015 2014 (U.S. dollar in thousands) Vehicles 488 510 Leasehold improvements 474 368 Office furniture and equipment 123 94 Computers, electronics and related 314 312 Property and equipment 1,399 1,284 Less: accumulated depreciation 642 572 Property and equipment, net 757 712

Progress Payments in Excess of

Progress Payments in Excess of Accumulated Costs with Respect to Projects (Accumulated Costs with Respect to Project in Excess of Progress Payments)	12 Months Ended
	Dec. 31, 2015
Progress Payments in Excess of Accumulated Costs with Respect to Projects (Accumulated Costs with Respect to Project in Excess of Progress Payments) [Abstract]
PROGRESS PAYMENTS IN EXCESS OF ACCUMULATED COSTS WITH RESPECT TO PROJECTS (ACCUMULATED COSTS WITH RESPECT TO PROJECT IN EXCESS OF PROGRESS PAYMENTS)	NOTE 6 - PROGRESS PAYMENTS IN EXCESS OF ACCUMULATED COSTS WITH RESPECT TO PROJECTS (ACCUMULATED COSTS WITH RESPECT TO PROJECT IN EXCESS OF PROGRESS PAYMENTS): Composition: December 31, 2015 2014 (U.S. dollar in thousands) Restated Advanced payments from customers 3,649 16,685 Prepaid expenses (4,106 ) (11,039 ) Progress payments in excess of accumulated costs with respect to projects (accumulated costs with respect to project in excess of progress payment) (457 ) 5,646

Related Parties

Related Parties	12 Months Ended
	Dec. 31, 2015
Related Parties [Abstract]
RELATED PARTIES	NOTE 7 - RELATED PARTIES: a. Purchases from related company, loans to related company and due from Controlling Shareholders 1. A Controlling Shareholder owns 100% of Alan Ltd. (“Alan”) which holds a 60% interest in Active Intelligence Labs Ltd. (Israel) (“AIL”). The Company purchased products which are integrated into its innovative tailored solutions aggregated to $780 thousand and $420 thousand from AIL during the years ended December 31, 2015 and 2014, respectively. 2. In 2014 and 2013, the Company granted Alan loans aggregated to $555 thousand and $205 thousand, respectively. The loans bear an annual interest of 3.3%, linked to the Israeli consumer price index, and were repaid in December 2015. 3. The amounts due from the Controlling Shareholders as of December 31, 2015, were repaid to the Company in February 2016. b. Dividends: In 2011, the Company declared dividends of 10,760 thousand New Israeli Shekels ("NIS") ($2,833 thousand) of which 15% income tax was withheld (the "Net Amount") and NIS1,140 thousand ($300 thousand) and NIS474 thousand ($125 thousand) were paid to the Israeli Tax Authority in 2013 and 2014, respectively. NIS894 thousand ($197 thousand), NIS1,379 thousand ($231 thousand), NIS2,350 thousand ($817 thousand) and NIS 4,523 thousand ($1,163 thousand) of the Net Amount were paid to the Controlling Shareholders until 2012, in 2013, 2014 and 2015, respectively. Additionally, in the fourth and the second quarters of 2015, the Company declared dividends of NIS42,825 ($11,000 thousand) and NIS23,560 thousand ($6,251 thousand), respectively, of which 20% income tax were withheld and outstanding as of December 31, 2015 (those income tax of NIS13,277 thousand ($3,404 thousand) were paid to the Israeli Tax Authority in January 2016), while the net amounts were paid to the Controlling Shareholders. c. Related parties' employment agreements and compensation: i. The Company entered into new employment agreements with each of its two Controlling Shareholders. One of the Controlling Shareholders is acting as the Chairman of Board and the Chief Executive Officer and the other as a Director of the Board and the Chief Technology Officer. Each of the employment agreements will remain in effect unless terminated as described below. Pursuant to each employment agreement, the executive’s gross salary is NIS120,000 ($30,800) per month commencing January 1, 2016. Each executive is also entitled to receive social benefits: Each employment agreement provides that the executive is entitled to receive an annual performance bonus of up to NIS360,000 ($92,400) based on annual performance goals agreed upon by the Company and the executive. Each employment agreement may be terminated by the Company or the executive upon 120 days’ prior written notice, in which case, the executive is entitled to receive salary and benefits during such 120 days and for a period of eight months thereafter. The executive will be entitled to accept new employment after the expiration of such eight month period. In addition, the Company, by resolution of its board of directors, may terminate the employment agreements at any time by a written notice with cause (as defined in the employment agreements). The executives' compensation related expenses in 2015, 2014 and 2013 amounted to NIS487 thousand ($125 thousand), NIS405 thousand ($113 thousand) and NIS471 thousand ($130 thousand), respectively. ii. The Company entered into a new employment agreement with a Controlling Shareholder's son commencing March 22, 2016. Based on the agreement he is entitled to a monthly gross salary of NIS10,000 ($2,600) and other related social benefits.

Ordinary Shares and Warrants

Ordinary Shares and Warrants	12 Months Ended
	Dec. 31, 2015
Ordinary Shares and Warrants [Abstract]
ORDINARY SHARES AND WARRANTS	NOTE 8 - ORDINARY SHARES AND WARRANTS: a. Ordinary shares: Inc is authorized to issue 200,000,000 ordinary shares with a par value of $0.0001 per share, of which 25,276,142 were issued and outstanding as December 31, 2015 and 25,756,142 were issued and outstanding as of May 1, 2016 (upon exercise of ASM Former Shareholder’s put option on its remaining shares in ASM); and 5,000,000 preferred shares with a par value of $0.0001 per share, of which none were issued and outstanding. b. Warrants: Since its inception, Cambridge have issued 8,577,125 warrants which were assumed by Inc in the merger (see Note 1). Each warrant entitles its holder to purchase one ordinary share at a price of $11.50 and is expiring on December 17, 2018. Inc may redeem the warrants in the event that the traded ordinary share price is at least $17.50 per share (for any 20 trading days within a 30-day trading period) on a “cashless basis”. On March 21, 2016, Inc received a letter from NASDAQ informing that its warrants did not meet the minimum 400 Round Lot Holder requirement for initial listing on the NASDAQ and that the Staff had determined to initiate procedures to delist Inc’s warrants from NASDAQ. As Inc did not appeal this determination, Inc’s warrants were delisted from NASDAQ on April 18, 2016 and since such date have traded on the “Pink Sheets” under the symbol “ABIWF.”

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 9 - COMMITMENTS AND CONTINGENCIES: a. Litigation: i. The Company, the Controlling Shareholders and a third party entered into an arbitration process in January 2015, following a claim filed with the Tel Aviv Magistrate Court (the "Court") in October 2014 by the third party against the Company and the Controlling Shareholders (together the "Respondents"), claiming a right to review the Company’s accounts and reserving the right to file a monetary claim. The ground of these legal proceedings, as alleged by the third party, is a memorandum of understanding ("MOU") signed in 2002 by the Controlling Shareholders and the third party's spouse (who passed away in 2013) (the "Spouse"), whereby he transferred $150 thousand to the Controlling Shareholders to import, market and sell certain products and therefore, as defined in the MOU, he is entitled to 15% of the profits derived from these products. Over the years from 2003 through 2013, the Company paid the Spouse on behalf of the Controlling Shareholders, amounts aggregated to NIS4,512 thousand ($1,187 thousand) which were accounted for as a transaction with shareholders and were recorded directly into shareholders' equity. In April 2015, a counter claim was submitted by the Respondents to the arbitrator claiming that the Spouse received an excess amount of NIS1,213 thousand (305$ thousand) and therefore shall be returned to them. On October 12, 2015, the third party’s representatives filed a motion with the Court in order to appoint a new arbitrator. On February 25, 2016, the parties informed the Court of the appointment of the new arbitrator. The first meeting within the new arbitration framework was held on March 27, 2016, and at the end of that meeting, the arbitrator set deadlines for further proceedings before him and the submission of statements and summaries by the parties. To that end, the third party submitted a statement of claim on April 7, 2016. The Company and its legal counsel are of the opinion that it is impossible to predict the outcome of these legal proceedings due to their preliminary stage. ii. On October 27, 2015, the Company received a notice alleging that the Company’s GSM interception and decryption systems apparently fall within the claim of an Israeli patent owned by the claimants. On November 12, 2015, a lawsuit was submitted to the Lod District Court in Israel by a company and an individual (the "Plaintiffs"), against the Company and its shareholders. The lawsuit amount for registration fee purpose is NIS5 million ($1,285 thousand), however the Plaintiffs did not specify the demanded compensation amount. Furthermore, the Plaintiffs demand that the Company and/or its shareholders immediately cease the patent infringement as well as to cease from any further use of the claimed technology and further manufacture, export, sale or marketing of the alleged infringing products. The Company filed a statement of defense on April 5, 2016 and a preliminary hearing was held on April 13, 2016, during which several issues were discussed, but no decision has been given as of yet, a second preliminary hearing has been scheduled for June 15, 2016. The Company believes that the allegations in the notice and the lawsuit are without merit and intends to vigorously defend against them. The Company and its legal counsel are of the opinion that the suit's probability of success, as filed, is less than even. iii. On October 15, 2015 the Company was added to a derivative complaint, originally filed by a stockholder of Cambridge (the “Plaintiff”) against Cambridge, the members of the Cambridge board of directors and others. The complaint generally alleges, among other things, that the members of the Cambridge board of directors breached their fiduciary duties to Cambridge stockholders by approving the contemplated merger with the Company and that the Company is aiding and abetting the Cambridge board of directors in the alleged breaches of their fiduciary duties. The action seeks injunctive relief, damages and reimbursement of fees and costs, among other remedies. On February 17, 2016, the Company filed a motion and supporting memorandum of law to dismiss the Plaintiff's amended complaint arguing three primary grounds: i) the court lacked personal jurisdiction over the Company; ii) Plaintiff's derivative aiding and abetting claim was extinguished by the closing of the business combination; and iii) Plaintiff's direct aiding and abetting claims were insufficiently plead. The motion to dismiss is currently pending. The Company and its legal counsel are of the opinion that it is impossible to predict the outcome of these legal proceedings due to their preliminary stage. b. Lease commitments: The Company has the following lease agreements: 1. A 5 year lease agreement, with respect to an office space, expiring on November 30, 2017. The monthly rent is NIS25 thousand ($6 thousand) linked to the Israeli consumer products index. 2. A 2.5 year lease agreement with respect to an office space, expiring on November 30, 2017. The monthly rent is NIS16 thousand ($4 thousand) linked to the Israeli consumer products index. 3. An agreement with respect to an office space which was renewed in August 2015 for 1 year. The monthly rent is NIS5 thousand ($1 thousand). In 2015, 2014 and 2013, the rent expenses amounted to $128 thousand, $114 thousand and $109 thousand, respectively. c. Agreement with a Provider: On October 20, 2015 (the ”Effective Date”), the Company entered into an agreement with an unrelated company which is a service provider and an owner and licensor of telecommunications solutions (the “Provider”). The Provider granted the Company an exclusive and non-transferable right and license for 3 years to market, promote, advertise, sell and distribute the Provider’s products directly to customers worldwide, in consideration for 50% of the Company's net income relating to those sales. The agreement determines minimum annual sales of $10 million. In case the Company does not satisfy this minimum commitment at the end of any contract year, the Company is required to pay the Provider a 15% penalty against the shortfall amount (maximum $1.5 million per year). In order to secure minimum sales and penalty, it was also agreed that the Company pays the Provider monthly payments of $125 thousand each. During 2015, the Company paid the Provider $375 thousand, those payments were recorded as prepayments in the other current assets on the consolidated balance sheet as of December 31, 2015, as the Company believes it will satisfy those sales. d. Other: During the first quarter of 2015, through an internal investigation conducted by the Company, it was discovered that the Company was a victim of fraud from an outside, unrelated third party. The fraud resulted in an unauthorized outgoing transfer to the third party by the Company in the amount of $462 thousand. While the Company reported the fraud to the police and to its bank, there can be no assurance that the funds will be recovered. Accordingly, the wire transfer amount has been recorded within general and administrative expenses in the statement of comprehensive income for the year ended December 31, 2015.

Income Tax

Income Tax	12 Months Ended
	Dec. 31, 2015
Income Tax [Abstract]
INCOME TAX	NOTE 10 - INCOME TAX: a. Tax rates: The Israeli corporate tax rates applicable to the Company and ASM: 2013 and 2016 onward - 25% 2014 and 2015 - 26.5% b. "Approved Enterprise" status: The Company was granted an ‘approved enterprise’ status for the 10 years ended December 31, 2014, under the Israeli Law for the Encouragement of Capital Investments, 1959 (the "Encouragement Law"). The tax benefit is a reduced corporate income tax rate on a non-distributed income generated in approved areas ("Approved Income"). Distributed Approved Income is subject to 25% corporate income tax at the company level and 15% withholding income tax on the shareholders level. As of December 31, 2011, upon a tax assessment by the Israeli Tax Authority, all of the accumulated Approved Income was distributed as dividends to the Controlling Shareholders and the applicable income tax were applied. As the Company distribute its Approved Income to its Controlling Shareholders, a deferred tax liability was recorded on the non-distributed Approved Income as generated, on the difference of the reduced corporate income tax rate applied and the regular corporate tax rates, as well as related deferred income tax expenses. The Company has final tax assessments for the years up to 2011 inclusive. c. "Preferred Enterprise" status: Commencing on January 1, 2015, the Company has elected the “Preferred Enterprise” program under the amendment of the Encouragement Law, whereby the Company is subject to corporate income tax rate on non-Preferred Income and 16% reduced income tax rate on its Preferred Income generated in all areas other than Development Area A d. Income tax expenses (benefit): Composition: For the year ended 2015 2014 2013 (U.S. dollar in thousands) Restated Current 3,446 95 - Deferred (423 ) 995 (57 ) Income tax expenses (benefit) 3,023 1,090 (57 ) e. Deferred income tax: Deferred income tax liability as of December 31 2014 is with respect to accumulated non-distributed Approved Income. As part of the Reverse Merger, the Company incurred certain transaction cost whereby a deferred tax asset of approximately $950 thousand was recorded and a full valuation allowance, considering the two-step approach with respect to uncertain tax positions. f. Theoretical income tax: As Inc is a Cayman Islands company subject to a corporate tax rate of zero percent, the Group’s overall effective tax rate is attributable to Israeli income tax and therefore a reconciliation between the theoretical income tax, assuming corporate tax rates and the actual income tax expenses (benefit) as reported in the consolidated statements of comprehensive income (loss) is calculated based on the Israeli corporate tax rates and is as follows: For the year ended 2015 2014 2013 (U.S. dollar in thousands) Restated Income (loss) before income tax 17,776 4,212 (337 ) Israeli corporate income tax rate 26.5 % 26.5 % 25 % Theoretical income tax expenses (benefit) 4,711 1,116 (84 ) Tax rates differences (1,659 ) (63 ) - Other, net (29 ) 37 27 Income tax expenses (benefit) 3,023 1,090 (57 )

Concentration Risk

Concentration Risk	12 Months Ended
	Dec. 31, 2015
Concentration Risk [Abstract]
CONCENTRATION RISK	NOTE 11 - CONCENTRATION RISK: Major customers and vendors are defined as those from whom the Group derives at least 10% of its revenues and cost of revenues, respectively. During 2015, 2014 and 2013, revenues from the major customers reflected 91% (three customers), 83% (three customers) and 82% (two customers) of the total consolidated revenues, respectively. During 2015, 2014 and 2013, the cost of revenues from major vendors reflected 70% (three vendors), 79% (three vendors) and 48% (two vendors) of the total consolidated cost of revenues, respectively.

Summary of Significant Accoun18

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2015
Summary of Significant Accounting Policies [Abstract]
Basis of presentation	a. Basis of presentation: The accompanying consolidated financial statements have been prepared in accordance with United States generally accepted accounting principles (“GAAP”) and include all adjustments necessary for the fair presentation of the Group’s financial position, results of operations, changes in shareholders' equity (deficit) and cash flows for the periods presented. The Reverse Merger is accounted for as a reverse merger whereby Inc is treated as the “acquired” company for financial reporting purposes. This determination was primarily based on the Company comprising the ongoing operations of the combined company, the Company’s senior management comprising the senior management of the combined company, and that the former shareholders of the Company are the controlling shareholders of Inc after the Reverse Merger. The Reverse Merger is considered to be a capital transaction in substance. Accordingly, for accounting purposes, the Reverse Merger is treated as the equivalent of the Company issuing shares for the net assets of Inc, accompanied by a recapitalization. The net assets of Inc are stated at historical cost, with no goodwill or other intangible assets recorded. Operations prior to the Reverse Merger are those of the Company, and therefore the historical consolidated financial statements presented are the consolidated financial statements of the Company and the ordinary shares and the corresponding capital amounts pre-merger have been retroactively restated as ordinary shares reflecting the exchange ratio in the merger.
Principles of consolidation	b. Principles of consolidation: The consolidated financial statements include the accounts of Inc, the Company and ASM. All intercompany accounts and transactions have been eliminated in the consolidation.
Use of estimates	c. Use of estimates: The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates, judgments and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. These estimates and assumptions are based on management’s best estimates and judgment. Management evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors and adjusts such estimates and assumptions when facts and circumstances dictate. As future events and their effects cannot be determined with precision, actual results could differ significantly from these estimates.
Foreign currency	d. Foreign currency: The currency of the primary economic environment in which the operations of the Group is conducted is the U.S. dollar ("Dollar" or "$"); thus, the Dollar is the functional currency of the Group. Therefore, the Group's transactions and balances denominated in Dollars are presented at their original amounts, while non-Dollar transactions and balances have been re-measured to Dollars and the relating gains and losses are reflected in the statements of comprehensive income (loss) as finance income or expenses, as appropriate. All amounts are presented in Dollars, unless otherwise indicated, rounded to the nearest thousands.
Revenue recognition	e. Revenue recognition: The Group generates revenues from sales of products, which include hardware, software, connection to supportive infrastructure, integration services, training and warranty. The Group sells its products (the "Products") and provides services (the "Services") directly to end users and resellers and also participates as a subcontractor of prime contractors in joint projects and as a prime contractor in projects with resellers (the "Projects"). When a sale arrangement contains multiple elements, the Group allocates revenues to each element based on a selling price hierarchy. The selling price for a deliverable is based on its vendor-specific objective evidence (“VSOE”), if available, third party evidence ("TPE") if VSOE is not available, or estimated selling price ("ESP") if neither VSOE nor TPE is available. The Group establishes VSOE of selling price using the price charged for a deliverable when sold separately. When VSOE cannot be established, the Group attempts to establish selling price of each element based on TPE. TPE is determined based on competitor prices for similar deliverables when sold separately. Generally, the Group’s go-to-market strategy typically differs from that of its peers and its offerings contains a significant differentiation such that the comparable pricing of products with similar functionality cannot be obtained. Furthermore, the Group is unable to reliably determine what similar competitor products’ selling prices are on a standalone basis. Therefore, the Group is typically not able to determine TPE. The best ESP is established considering several external and internal factors including, but not limited to, historical sales, pricing practices and geographies in which the Group offers its products. The determination of ESP is based on applying significant judgment to weigh such factors. Products and Services: Revenues from sales of Products are recognized when the Group has delivered the Products to the customer and retained final acceptance, the revenue can be reliably measured and collectability of the receivables is reasonably assured. Revenues from sales of Services are recognized ratably in the accounting period in which the services are rendered (connection to supportive infrastructure is generally over one year). Projects: Revenues from Projects are recognized using the completed-contract method to determine the appropriate amount in a given period, as the Group is unable to produce reasonably dependable estimates due to involvement of many subcontractors and lack of transparency of prime contractors' progress. Under the completed-contract method, costs are accumulated on the balance sheet until the contract is completed or substantially completed. Similarly, amounts billed to customers are also deferred until the contract is completed or substantially completed. To the extent that the amount of accumulated costs exceeds the amount of advance (or progress) payments received or billed by the Group, the excess should be reflected on the balance sheet as a current asset, separated from inventory. To the extent that the amount of advance (or progress) payments received or billed by the Group exceeds the amount of accumulated costs, the excess is reflected as a liability on the balance sheet. In instances where revenues are derived from sales of third-party vendors' products or services and the Group is a principal in the transactions, revenues are recognized on a gross basis and the related costs are recognized within cost of revenues.
Advertising costs	f. Advertising costs: Advertising costs are expensed as incurred. In 2015, 2014 and 2013, advertising expenses were $26 thousand, $7 thousand and $14 thousand, respectively.
Related parties	g. Related parties: Related parties include the Controlling Shareholders and entities controlled by them.
Fair value measurements	h. Fair value measurements Fair value is defined as the price that would be received by selling an asset or paid to transfer a liability (i.e. the ‘exit price’) in an arms’ length transaction between willing market participants at the measurement date. The applicable financial accounting rules establish a hierarchy for inputs used in measuring fair value. The hierarchy is divided into three levels based on the reliability of inputs: Level 1 - Valuations based on quoted prices in active markets for identical assets or liabilities that the Group has the ability to access. Level 2 - Valuations based on quoted prices in markets that are not active but for which all significant inputs are observable, either directly or indirectly. Level 3 - Valuations based on inputs that are unobservable and significant to the overall fair value measurement. The Group’s financial assets and liabilities as of December 31, 2015 and 2014 are measured based on Level 1 inputs.
Property and equipment, net	i. Property and equipment, net: Property and equipment are stated at cost less accumulated depreciation. Upon the retirement or disposition of property and equipment, the related costs and accumulated depreciation are removed and any related gain or loss is recorded in the statements of comprehensive income (loss). Repairs and maintenance that do not extend the life or improve an asset are expensed in the periods incurred. The Group evaluates its property and equipment for indicators of possible impairment when events or changes in circumstances indicate the carrying amount of an asset may not be recoverable. Impairment exists if the carrying amounts of such assets exceed the estimates of future net undiscounted cash flows expected to be generated by such assets. Should impairment exist, the impairment loss would be measured based on the excess carrying value of the asset over the asset’s estimated fair value. As of December 31, 2015 and 2014, the Group has not written down any of its property and equipment as a result of impairment. Depreciation is calculated using the straight-line method over the estimated useful lives of the assets, at the following annual rates: % Useful life (years) Vehicles 15 7 Leasehold improvements 10-20 5-10 Office furniture and equipment 7-10 10-14 Computers, electronics and related 15-33 3-7
Income tax	j. Income tax: Deferred tax asset and liability accounts' balances are determined based on differences between the financial reporting and tax bases of assets and liabilities and are measured using the enacted tax rates and laws that will be in effect when the differences are expected to reverse. The Group accounts for deferred tax on non-distributed income that are subject to income tax once distributed and when there is an intent to distribute them. The Group applies the two-step approach in recognizing and measuring uncertain tax positions. The first step is to evaluate the tax position taken or expected to be taken in a tax return by determining if the weight of available evidence indicates that it is more likely than not that, on an evaluation of the technical merits, the tax position will be sustained on audit, including resolution of any related appeals or litigation processes. The second step is to measure the tax benefit as the largest amount that is more than 50% likely to be realized upon ultimate settlement.
Earnings (loss) per share	k. Earnings (loss) per share: The Group computes basic earnings or loss per share by dividing net income by the weighted-average number of ordinary shares outstanding during the period. However, consistent with the reverse merger accounting, the calculation of the weighted-average number of ordinary shares includes 24,582,874 shares (which include also 480,000 ordinary shares that were issued to ASM former shareholder upon exercise of its put option on its remaining ordinary shares of ASM, which was fully consolidated within these consolidated financial statements) assumed to be outstanding as of January 1, 2013. Further, the outstanding shares subject to put options were excluded, consistent with the accounting treatment of a put option liability. Income (loss) per share assuming dilution (diluted earnings (loss) per share) would give effect to dilutive warrants and other potential ordinary shares outstanding during the period, considering the treasury stock method. The outstanding warrants were "out-of-the-money" and the issuance of the Net Income Shares was not probable at any given period and therefore excluded from the calculation. Basic and diluted earnings (loss) per ordinary share data were computed as follows: Years Ended December 31, 2015 2014 2013 Restated Net income (loss) (U.S. dollar in thousands) 14,753 3,122 (280 ) Weighted-average ordinary shares outstanding - Basic and diluted 24,582,874 24,582,874 24,582,874 Earnings (loss) per ordinary basic and diluted (U.S. dollar) 0.60 0.13 (0.01 )
Reclassification	l. Reclassification: Certain amounts in prior years’ consolidated financial statements have been reclassified to conform to the current year's presentation.
New accounting pronouncements not yet effective	m. New accounting pronouncements not yet effective In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606). Topic 605, Revenue Recognition Subtopic 605-35, Revenue Recognition-Construction-Type and Production-Type Contracts

Organization and Business Ope19

Organization and Business Operation (Tables)	12 Months Ended
	Dec. 31, 2015
Organization and Business Operation [Abstract]
Schedule of targeted net income and number of ordinary shares to shareholders	Number of Inc's ordinary shares Fiscal year Net Income Target Controlling Shareholders Migdal ASM Former Shareholder Total 2015 $ 27,000,000 3,384,000 108,000 108,000 3,600,000 2016 $ 40,000,000 1,739,000 55,500 55,500 1,850,000 2017 $ 60,000,000 1,880,000 60,000 60,000 2,000,000 2018 $ 80,000,000 940,000 30,000 30,000 1,000,000

Summary of Significant Accoun20

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2015
Summary of Significant Accounting Policies [Abstract]
Schedule of property and equipment depreciation rates and estimated useful lives	% Useful life (years) Vehicles 15 7 Leasehold improvements 10-20 5-10 Office furniture and equipment 7-10 10-14 Computers, electronics and related 15-33 3-7
Schedule of basic and diluted earnings (loss) per ordinary share	Years Ended December 31, 2015 2014 2013 Restated Net income (loss) (U.S. dollar in thousands) 14,753 3,122 (280 ) Weighted-average ordinary shares outstanding - Basic and diluted 24,582,874 24,582,874 24,582,874 Earnings (loss) per ordinary basic and diluted (U.S. dollar) 0.60 0.13 (0.01 )

Restatement Previous Financia21

Restatement Previous Financial Statements (Tables)	12 Months Ended
	Dec. 31, 2015
Restatement Previous Financial Statements [Abstract]
Schedule of statements of Comprehensive Income (Loss)	Year ended December 31, 2014 Previously reported Adjustments Restated (U.S. dollar in thousands) Revenues 22,134 (690 ) 21,444 Cost of revenues 14,654 (686 ) 13,968 Gross profit 7,480 (4 ) 7,476 Sales and marketing expenses 2,387 677 3,064 General and administrative expenses 469 - 469 Operating income 4,624 (681 ) 3,943 Finance income (269 ) - (269 ) Income before income tax 4,893 (681 ) 4,212 Income tax expenses 1,260 (170 ) 1,090 Net and comprehensive income 3,633 (511 ) 3,122 Year ended December 31, 2013 Previously reported Adjustments Restated (U.S. dollar in thousands) Revenues 5,588 315 5,903 Cost of revenues 4,455 330 4,785 Gross profit 1,133 (15 ) 1,118 Sales and marketing expenses 665 - 665 General and administrative expenses 419 - 419 Operating income 49 (15 ) 34 Finance expenses 371 - 371 Loss before income tax (322 ) (15 ) (337 ) Income tax benefit (53 ) (4 ) (57 ) Net and comprehensive loss (269 ) (11 ) (280 )
Schedule of Balance sheet	December 31, 2014 Previously reported Adjustments Restated (U.S. dollar in thousands) Income tax payable 310 (119 ) 191 Deferred income tax 555 (132 ) 423 Accrued expenses and accounts payable with respect to Projects 3,568 314 3,882 Progress payments in excess of accumulated costs with respect to projects 4,956 690 5,646 Shareholders' Equity 2,478 (753 ) 1,725

Property and Equipment, Net (Ta

Property and Equipment, Net (Tables)	12 Months Ended
	Dec. 31, 2015
Property and Equipment, Net [Abstract]
Composition of property and equipment	December 31, 2015 2014 (U.S. dollar in thousands) Vehicles 488 510 Leasehold improvements 474 368 Office furniture and equipment 123 94 Computers, electronics and related 314 312 Property and equipment 1,399 1,284 Less: accumulated depreciation 642 572 Property and equipment, net 757 712

Progress Payments in Excess o23

Progress Payments in Excess of Accumulated Costs with Respect to Projects (Accumulated Costs with Respect to Project in Excess of Progress Payments) (Tables)	12 Months Ended
	Dec. 31, 2015
Progress Payments in Excess of Accumulated Costs with Respect to Projects (Accumulated Costs with Respect to Project in Excess of Progress Payments) [Abstract]
Schedule of progress payments in excess of accumulated costs with respect to projects	December 31, 2015 2014 (U.S. dollar in thousands) Restated Advanced payments from customers 3,649 16,685 Prepaid expenses (4,106 ) (11,039 ) Progress payments in excess of accumulated costs with respect to projects (accumulated costs with respect to project in excess of progress payment) (457 ) 5,646

Income Tax (Tables)

Income Tax (Tables)	12 Months Ended
	Dec. 31, 2015
Income Tax [Abstract]
Schedule of income tax expenses (benefit)	For the year ended 2015 2014 2013 (U.S. dollar in thousands) Restated Current 3,446 95 - Deferred (423 ) 995 (57 ) Income tax expenses (benefit) 3,023 1,090 (57 )
Schedule of theoretical income tax	For the year ended 2015 2014 2013 (U.S. dollar in thousands) Restated Income (loss) before income tax 17,776 4,212 (337 ) Israeli corporate income tax rate 26.5 % 26.5 % 25 % Theoretical income tax expenses (benefit) 4,711 1,116 (84 ) Tax rates differences (1,659 ) (63 ) - Other, net (29 ) 37 27 Income tax expenses (benefit) 3,023 1,090 (57 )

Organization and Business Ope25

Organization and Business Operation (Details)	12 Months Ended
	Dec. 31, 2015USD ($)shares
2015 [Member]
Schedule of targeted net income and number of ordinary shares to shareholders
Net Income Target | $	$ 27,000,000
Number of Inc's ordinary shares	3,600,000
2015 [Member] | Controlling Shareholders [Member]
Schedule of targeted net income and number of ordinary shares to shareholders
Number of Inc's ordinary shares	3,384,000
2015 [Member] | Migdal [Member]
Schedule of targeted net income and number of ordinary shares to shareholders
Number of Inc's ordinary shares	108,000
2015 [Member] | ASM Former Shareholder [Member]
Schedule of targeted net income and number of ordinary shares to shareholders
Number of Inc's ordinary shares	108,000
2016 [Member]
Schedule of targeted net income and number of ordinary shares to shareholders
Net Income Target | $	$ 40,000,000
Number of Inc's ordinary shares	1,850,000
2016 [Member] | Controlling Shareholders [Member]
Schedule of targeted net income and number of ordinary shares to shareholders
Number of Inc's ordinary shares	1,739,000
2016 [Member] | Migdal [Member]
Schedule of targeted net income and number of ordinary shares to shareholders
Number of Inc's ordinary shares	55,500
2016 [Member] | ASM Former Shareholder [Member]
Schedule of targeted net income and number of ordinary shares to shareholders
Number of Inc's ordinary shares	55,500
2017 [Member]
Schedule of targeted net income and number of ordinary shares to shareholders
Net Income Target | $	$ 60,000,000
Number of Inc's ordinary shares	2,000,000
2017 [Member] | Controlling Shareholders [Member]
Schedule of targeted net income and number of ordinary shares to shareholders
Number of Inc's ordinary shares	1,880,000
2017 [Member] | Migdal [Member]
Schedule of targeted net income and number of ordinary shares to shareholders
Number of Inc's ordinary shares	60,000
2017 [Member] | ASM Former Shareholder [Member]
Schedule of targeted net income and number of ordinary shares to shareholders
Number of Inc's ordinary shares	60,000
2018 [Member]
Schedule of targeted net income and number of ordinary shares to shareholders
Net Income Target | $	$ 80,000,000
Number of Inc's ordinary shares	1,000,000
2018 [Member] | Controlling Shareholders [Member]
Schedule of targeted net income and number of ordinary shares to shareholders
Number of Inc's ordinary shares	940,000
2018 [Member] | Migdal [Member]
Schedule of targeted net income and number of ordinary shares to shareholders
Number of Inc's ordinary shares	30,000
2018 [Member] | ASM Former Shareholder [Member]
Schedule of targeted net income and number of ordinary shares to shareholders
Number of Inc's ordinary shares	30,000

Organization and Business Ope26

Organization and Business Operation (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Organization and Business Operation (Textual)
Reverse merger, description	The net income target of the Group for 2015 was not achieved. However, if the net income for 2016 is ninety percent (90%) or more of 2016's net income target, then Inc is required to issue to the Controlling Shareholders, Migdal and ASM Former Shareholde
Escrow deposit	$ 11,900
Reverse merger transaction cost	6,300
Restricted trust amount	81,300
Conversion of stock, amount	$ 21,600
Conversion of stock, shares	2,136,751
Transaction cost	$ 2,000
Accounts payable and accrued expenses	145	$ 70
Working capital	$ 19,000
Controlling Shareholders [Member]
Organization and Business Operation (Textual)
Stock issued in reverse merger	16,213,268
Equity interest in acquired	63.00%
Escrow agreement, description	948,515 ordinary shares were placed in escrow pursuant to an indemnity escrow agreement dated December 23, 2015, 50% of which will be released to the Controlling Shareholders on December 23, 2016
Reverse merger, description	1,173,267 ordinary shares that he received in the share exchange for an amount in cash equal to (1) (x) the number of shares being put multiplied by (y) $10.10 per share plus (2) his pro rata portion of interest, if any, on $11.9 million deposited into an escrow account by Inc to fund the payment of the purchase price for the put option if it is exercised.
Service fees	$ 18,100
Migdal [Member]
Organization and Business Operation (Textual)
Stock issued in reverse merger	480,000
Service fees	$ 1,200
Net income shares	253,500
Reverse merger transaction cost	$ 4,300
ASM Former Shareholder [Member]
Organization and Business Operation (Textual)
Stock issued in reverse merger	480,000
Equity interest in acquired	16.00%
Reverse merger, description	The put option was exercised in January 2016 in exchange for 456,000 of Inc's ordinary shares that were released from escrow to the ASM Former Shareholder and 24,000 of Inc's ordinary shares shall remain in escrow until January 24, 2017.
Service fees	$ 900
Net income shares	253,500
Ownership percentage	84.00%
Commission percentage	3.00%

Summary of Significant Accoun27

Summary of Significant Accounting Policies (Details)	12 Months Ended
	Dec. 31, 2015
Vehicles [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment, Depreciation Rate (%)	15.00%
Property and Equipment, Useful life (years)	7 years
Leasehold improvements [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment, Depreciation Rate (%)	10.00%
Property and Equipment, Useful life (years)	5 years
Leasehold improvements [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment, Depreciation Rate (%)	20.00%
Property and Equipment, Useful life (years)	10 years
Office furniture and equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment, Depreciation Rate (%)	7.00%
Property and Equipment, Useful life (years)	10 years
Office furniture and equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment, Depreciation Rate (%)	10.00%
Property and Equipment, Useful life (years)	14 years
Computers, electronics and related [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment, Depreciation Rate (%)	15.00%
Property and Equipment, Useful life (years)	3 years
Computers, electronics and related [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment, Depreciation Rate (%)	33.00%
Property and Equipment, Useful life (years)	7 years

Summary of Significant Accoun28

Summary of Significant Accounting Policies (Details 1) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Summary of Significant Accounting Policies [Abstract]
Net income (loss) (U.S. dollar in thousands)	$ 14,753	$ 3,122	$ (280)
Weighted-average ordinary shares outstanding - Basic and diluted	24,582,874	24,582,874	24,582,874
Earnings (loss) per ordinary basic and diluted (U.S. dollar)	$ 0.60	$ 0.13	$ (0.01)

Summary of Significant Accoun29

Summary of Significant Accounting Policies (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Summary of Significant Accounting Policies (Textual)
Advertising expense	$ 26	$ 7	$ 14
Weighted-average number of ordinary shares	24,582,874	24,582,874	24,582,874
Shares issued to former shareholder included in computation of weighted-average number of ordinary shares	480,000

Restatement Previous Financia30

Restatement Previous Financial Statements (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Revenues	$ 52,151	$ 21,444	$ 5,903
Cost of revenues	29,654	13,968	4,785
Gross profit	22,497	7,476	1,118
Sales and marketing expenses	3,305	3,064	665
General and administrative expenses	1,317	469	419
Operating income	17,875	3,943	34
Finance expenses (income), net	99	(269)	371
Income before income tax	17,776	4,212	(337)
Income tax expenses	3,023	1,090	(57)
Net and comprehensive income	$ 14,753	3,122	(280)
Previously reported [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Revenues		22,134	5,588
Cost of revenues		14,654	4,455
Gross profit		7,480	1,133
Sales and marketing expenses		2,387	665
General and administrative expenses		469	419
Operating income		4,624	49
Finance expenses (income), net		(269)	371
Income before income tax		4,893	(322)
Income tax expenses		1,260	(53)
Net and comprehensive income		3,633	(269)
Adjustments [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Revenues		(690)	315
Cost of revenues		(686)	330
Gross profit		(4)	$ (15)
Sales and marketing expenses		$ 677
General and administrative expenses
Operating income		$ (681)	$ (15)
Finance expenses (income), net
Income before income tax		$ (681)	$ (15)
Income tax expenses		(170)	(4)
Net and comprehensive income		$ (511)	$ (11)

Restatement Previous Financia31

Restatement Previous Financial Statements (Details 1) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Income tax payable	$ 6,062	$ 191
Deferred income tax		423
Accrued expenses and accounts payable with respect to Projects	$ 7,725	3,882
Progress payments in excess of accumulated costs with respect to projects		5,646
Shareholders' Equity	$ 17,755	1,725	$ (1,397)	$ (1,117)	$ (886)
Previously reported [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Income tax payable		310
Deferred income tax		555
Accrued expenses and accounts payable with respect to Projects		3,568
Progress payments in excess of accumulated costs with respect to projects		4,956
Shareholders' Equity		2,478
Adjustments [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Income tax payable		(119)
Deferred income tax		(132)
Accrued expenses and accounts payable with respect to Projects		314
Progress payments in excess of accumulated costs with respect to projects		690
Shareholders' Equity		$ (753)

Restricted Deposits (Details)

Restricted Deposits (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Restricted Deposits (Textual)
Outstanding banks performance guarantees	$ 325	$ 487

Property and Equipment, Net (De

Property and Equipment, Net (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment [Line Items]
Property and equipment	$ 1,399	$ 1,284
Less: accumulated depreciation	642	572
Property and equipment, net	757	712
Vehicles [Member]
Property, Plant and Equipment [Line Items]
Property and equipment	488	510
Leasehold improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment	474	368
Office furniture and equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment	123	94
Computers, electronics and related [Member]
Property, Plant and Equipment [Line Items]
Property and equipment	$ 314	$ 312

Progress Payments in Excess o34

Progress Payments in Excess of Accumulated Costs with Respect to Projects (Accumulated Costs with Respect to Project in Excess of Progress Payments) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Progress Payments in Excess of Accumulated Costs with Respect to Projects (Accumulated Costs with Respect to Project in Excess of Progress Payments) [Abstract]
Advanced payments from customers	$ 3,649	$ 16,685
Prepaid expenses	(4,106)	(11,039)
Progress payments in excess of accumulated costs with respect to projects (accumulated costs with respect to project in excess of progress payment)	$ (457)	$ 5,646

Related Parties (Details)

Related Parties (Details) ₪ in Thousands, $ in Thousands

1 Months Ended

12 Months Ended

Dec. 31, 2011USD ($)

Dec. 31, 2015USD ($)

Dec. 31, 2015ILS (₪)

Dec. 31, 2014USD ($)

Dec. 31, 2014ILS (₪)

Dec. 31, 2013USD ($)

Dec. 31, 2013ILS (₪)

Jan. 31, 2016USD ($)

Jan. 31, 2016ILS (₪)

Dec. 31, 2015ILS (₪)

Jun. 30, 2015USD ($)

Jun. 30, 2015ILS (₪)

Dec. 31, 2014ILS (₪)

Dec. 31, 2013ILS (₪)

Dec. 31, 2012USD ($)

Dec. 31, 2012ILS (₪)

Dec. 31, 2011ILS (₪)

Related Parties (Textual)

Acquisition cost

$ 2,000

Employment agreements and compensation [Member]

Related Parties (Textual)

Gross salary

30,800

₪ 120,000

Compensation related expenses

125

₪ 487

$ 113

₪ 405

$ 130

₪ 471

Annual performance bonus

360,000

Dividends [Member]

Related Parties (Textual)

Dividends paid

$ 2,833

$ 11,000

125

300

₪ 42,825

$ 6,251

₪ 23,560

₪ 474

₪ 1,140

₪ 10,760

Income tax rate dividend percent

15.00%

20.00%

20.00%

Dividends [Member] | Subsequent event [Member]

Related Parties (Textual)

Dividends paid

$ 3,404

₪ 13,277

Controlling Shareholders [Member]

Related Parties (Textual)

Description of acquired entity

A Controlling Shareholder owns 100% of Alan Ltd. ("Alan") which holds a 60% interest in Active Intelligence Labs Ltd. (Israel) ("AIL").

A Controlling Shareholder owns 100% of Alan Ltd. ("Alan") which holds a 60% interest in Active Intelligence Labs Ltd. (Israel) ("AIL").

Ownership percentage

100.00%

100.00%

Acquisition cost

$ 780

420

Due from related party

555

205

Interest rate

3.30%

3.30%

Controlling Shareholders [Member] | Employment agreements and compensation [Member]

Related Parties (Textual)

Compensation related expenses

$ 2,600

₪ 10,000

Controlling Shareholders [Member] | Dividends [Member]

Related Parties (Textual)

Dividends paid

$ 1,163

$ 817

$ 231

₪ 4,523

₪ 2,350

₪ 1,379

$ 197

₪ 894

Ordinary Shares and Warrants (D

Ordinary Shares and Warrants (Details) - $ / shares	12 Months Ended
	Dec. 31, 2015	May. 01, 2016	Dec. 31, 2014
Ordinary Shares and Warrants (Textual)
Ordinary shares, shares authorized	200,000,000		200,000,000
Ordinary shares, par value per share	$ 0.0001		$ 0.0001
Ordinary shares, shares issued	25,276,142		25,276,142
Ordinary shares, shares outstanding	25,276,142		25,276,142
Preferred shares, par value per share	$ 0.0001		$ 0.0001
Preferred stock, shares authorized	5,000,000		5,000,000
Preferred stock, shares issued	0		0
Preferred stock, shares outstanding	0		0
Warrant [Member]
Ordinary Shares and Warrants (Textual)
Warrant issued	8,577,125
Share price	$ 11.50
Warrants, Expiration date	Dec. 17, 2018
Warrant, Description	Inc may redeem the warrants in the event that the traded ordinary share price is at least $17.50 per share (for any 20 trading days within a 30-day trading period) on a "cashless basis".
Subsequent event [Member]
Ordinary Shares and Warrants (Textual)
Ordinary shares, shares issued		25,756,142
Ordinary shares, shares outstanding		25,756,142

Commitments and Contingencies (

Commitments and Contingencies (Details) ₪ in Thousands, $ in Thousands	Oct. 20, 2015USD ($)	Oct. 14, 2014USD ($)	Apr. 30, 2015USD ($)	Apr. 30, 2015ILS (₪)	Mar. 31, 2015USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2015ILS (₪)	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)
Commitment and Contigencies (Textual)
Lawsuit amount for registration fee						$ 1,285	₪ 5,000
Rent expenses						128		$ 114	$ 109
Right and license term	3 years
Percentage of net income	50.00%
Minimum annual sales	$ 10,000
Percentage of Penalty	15.00%
Shortfall amount	$ 1,500
Secure minimum sales and penalty	$ 125
Prepayments in other current assets						375
Unauthorized outgoing transfer					$ 462
5 Year Lease Agreement [Member]
Commitment and Contigencies (Textual)
Monthly rent						$ 6	₪ 25
Office space, expiring date						Nov. 30, 2017	Nov. 30, 2017
2.5 year Lease Agreement [Member]
Commitment and Contigencies (Textual)
Monthly rent						$ 4	₪ 16
Office space, expiring date						Nov. 30, 2017	Nov. 30, 2017
1 Year Lease Agreement [Member]
Commitment and Contigencies (Textual)
Monthly rent						$ 1	₪ 5
Lesae renewed date						Aug. 31, 2015	Aug. 31, 2015
Majority Shareholder [Member]
Commitment and Contigencies (Textual)
Amount transferred for Import, market and sale of products		$ 150
Profits derived from products		15.00%
Shareholders transaction cost						$ 1,187	₪ 4,512
Spouse [Member]
Commitment and Contigencies (Textual)
Received an excess amount			$ 305	₪ 1,213

Income Tax (Details)

Income Tax (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income Tax [Abstract]
Current	$ 3,446	$ 95
Deferred	(423)	995	$ (57)
Income tax expenses (benefit)	$ 3,023	$ 1,090	$ (57)

Income Tax (Details 1)

Income Tax (Details 1) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income Tax [Abstract]
Income (loss) before income tax	$ 17,776	$ 4,212	$ (337)
Israeli corporate income tax rate	26.50%	26.50%	25.00%
Theoretical income tax expenses (benefit)	$ 4,711	$ 1,116	$ (84)
Tax rates differences	(1,659)	(63)
Other, net	(29)	37	$ 27
Income tax expenses (benefit)	$ 3,023	$ 1,090	$ (57)

Income Tax (Details Textual)

Income Tax (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income Tax (Textual)
Israeli corporate income tax rate		26.50%	26.50%	25.00%
Deferred tax asset		$ 950
Corporate income tax percentage		25.00%
Withholding income tax percentage		15.00%
Income tax rate reduced on preferred income generated percentage		16.00%
Subsequent event [Member]
Income Tax (Textual)
Israeli corporate income tax rate	25.00%

Concentration Risk (Details)

Concentration Risk (Details)	12 Months Ended
	Dec. 31, 2015CustomersVendors	Dec. 31, 2014CustomersVendors	Dec. 31, 2013CustomersVendors
Revenue [Member]
Concentration Risk (Textual)
Concentration risk, Percentage	10.00%	10.00%	10.00%
Revenue [Member] | Major Customers [Member]
Concentration Risk (Textual)
Concentration risk, Percentage	91.00%	83.00%	82.00%
Number of customers | Customers	3	3	2
Cost of Revenues [Member]
Concentration Risk (Textual)
Concentration risk, Percentage	10.00%	10.00%	10.00%
Cost of Revenues [Member] | Major Customers [Member]
Concentration Risk (Textual)
Concentration risk, Percentage	70.00%	79.00%	48.00%
Number of customers | Vendors	3	3	2