Significant Accounting Policies (Policies) | 12 Months Ended |
Dec. 31, 2016 |
Accounting Policies [Abstract] | |
Consolidation, Policy [Policy Text Block] | Principles of Consolidation The consolidated financial statements include the accounts of DPC and its wholly-owned subsidiary, DPL. All significant intercompany accounts and transactions have been eliminated in consolidation. In addition, DPC and DPL share certain employees and various costs. Such expenses are principally paid by DPC. Due to the nature of the parent and subsidiary relationship, the individual financial position and operating results of DPC and DPL may . |
Use of Estimates, Policy [Policy Text Block] | Use of Estimates The preparation of the consolidated financial statements in conformity with U.S. GAAP requires management to make estimates, judgments and assumptions. The Company's management believes that the estimates, judgments and assumptions used are reasonable based upon information available at the time they are made. These estimates, judgments and assumptions can affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements, and the reported amounts of revenue and expenses during the reporting periods. Actual results could differ from those estimates. Key estimates include fair value of certain financial instruments, reserve for trade receivables and inventories, carrying amounts of investments, accruals of certain liabilities, and deferred income taxes and related valuation allowance. |
Foreign Currency Transactions and Translations Policy [Policy Text Block] | Foreign Currency Translation A substantial portion of the Company’s revenues are generated in U.S. dollars ( " U.S. dollar" Accordingly, monetary accounts maintained in currencies other than the U.S. dollar are re -measured into U.S. dollars in accordance with Financial Accounting Standards Board ( “FASB” “ASC” 830, Foreign Currency Matters "ASC No. 830" -measurement of monetary balance sheet items are reflected in the statements of operations as financial income or expenses as appropriate. The financial statements of the DPL, whose functional currency has been determined to be its local currency, British Pound ( “GBP” 830. |
Cash and Cash Equivalents, Policy [Policy Text Block] | Cash and Cash Equivalents The Company considers all highly liquid investments with a maturity of three may, $736 $868 December 31, 2016 2015, “ U.K ” |
Marketable Securities, Policy [Policy Text Block] | Marketable Securities The Company classifies its investments in shares of common stock of Telkoor and AVLP in accordance with ASC No. 320, Investment in Debt and Equity Securities “ASC No. 320 ” 325, Investment – Other “ASC No. 325 ” Equity securities that do not have readily determinable fair values (i.e., non-marketable equity securities) and are not required to be accounted for under the equity method are typically carried at cost (i.e., cost method investments), as described in ASC No. 325 20. The Company classifies its investment in debt securities of AVLP in accordance with ASC No. 320 825. 825. |
Receivables, Trade and Other Accounts Receivable, Allowance for Doubtful Accounts, Policy [Policy Text Block] | Accounts Receivable and Allowance for Doubtful Accounts The Company’s receivables are recorded when billed and represent claims against third . The Company estimates the allowance for doubtful accounts based on historical collection trends, age of outstanding receivables and existing economic conditions. If events or changes in circumstances indicate that a specific receivable balance may December 31, 2016 2015, $32 |
Inventory, Policy [Policy Text Block] | Inventories Inventories are stated at the lower of cost or market value. Inventory write-offs are provided to cover risks arising from slow-moving items or technological obsolescence. Cost of inventories is determined as follows: Raw materials, parts and supplies - using the "first first Work-in-progress and finished products - on the basis of direct manufacturing costs with the addition of indirect manufacturing costs. The Company periodically assesses its inventories valuation in respect of obsolete and slow moving items by reviewing revenue forecasts and technological obsolescence. When inventories on hand exceed the foreseeable demand or become obsolete, the value of excess inventory, which at the time of the review was not expected to be sold, is written off. During the years ended December 31, 2016 2015, $84 $9, |
Property, Plant and Equipment, Policy [Policy Text Block] | Property and Equipment, Net Property and equipment as well as an intangible asset are stated at cost, net of accumulated depreciation and amortization. Repairs and maintenance costs are expensed as incurred. Depreciation and amortization are calculated using the straight-line method over the estimated useful lives of the assets, at the following annual rates: Useful lives (in years) Computer, software and related equipment 3 - 5 Office furniture and equipment 5 - 10 Leasehold improvements Over the term of the lease of the life of the asset, whichever is shorter Long-Lived Assets The long-lived assets of the Company are reviewed for impairment in accordance with ASC No. 360, Property, Plant, and Equipment may December 31, 2016 2015, |
Revenue Recognition, Policy [Policy Text Block] | Revenue Recognition The Company generates revenues from the sale of its products through a direct and indirect sales force. Revenues from products are recognized in accordance with ASC No. 605, Revenue Recognition Generally, the Company does not grant a right of return. However, certain distributors are allowed, in the six Service revenues are deferred and recognized on a straight-line basis over the term of the service agreement. Service revenues are immaterial in proportion to the Company's revenues. |
Standard Product Warranty, Policy [Policy Text Block] | Warranty The Company offers a warranty period for all of its products. Warranty periods range from one two may As of December 31, 2016 2015, $86 $94, |
Income Tax, Policy [Policy Text Block] | Income Taxes The Company determines its income taxes under the asset and liability method in accordance with FASB ASC No. 740, Income Taxes The Company accounts for uncertain tax positions in accordance with ASC No. 740 10 25 . 740 10 25 740 10 25, may The tax benefit to be recognized is measured as the largest amount of benefit that is greater than fifty 740 10 25 also requires management to evaluate tax positions taken by the Company and recognize a liability if the Company has taken uncertain tax positions that more likely than not would not be sustained upon examination by applicable taxing authorities. Management of the Company has evaluated tax positions taken by the Company and has concluded that as of December 31, 2016 2015, . |
Common Stock Purchase Warrants and Other Derivative Financial Instruments, Policy [Policy Text Block] | Common Stock Purchase Warrants and Other Derivative Financial Instruments The Company classifies Common Stock purchase warrants and other free standing derivative financial instruments as equity if the contracts (i) require physical settlement or net-share settlement or (ii) give the Company a choice of net-cash settlement or settlement in its own shares (physical settlement or net-share settlement). The Company classifies any contracts that (i) require net-cash settlement (including a requirement to net cash settle the contract if an event occurs and if that event is outside the control of the Company), (ii) give the counterparty a choice of net-cash settlement or settlement in shares (physical settlement or net-share settlement), or (iii) contain reset provisions as either an asset or a liability. The Company assesses classification of its freestanding derivatives at each reporting date to determine whether a change in classification between assets and liabilities is required. The Company determined that certain freestanding derivatives, which principally consist of issuance of warrants to purchase shares of common in connection with convertible notes, units and to employers of the Company, satisfy the criteria for classification as equity instruments as these warrants do not contain cash settlement features or variable settlement provision that cause them to not be indexed to the Company’s own stock. |
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block] | Stock-Based Compensation The Company accounts for stock-based compensation in accordance with ASC 718 718"). ASC 718 The Company estimates the fair value of stock options granted under ASC 718 Expected volatility is based on historical volatility that is representative of future volatility over the expected term of the options. The expected term of options granted was determined based on the simplified method, which is calculated as the midpoint between the vesting date and the end of the contractual term of the option. The Company uses the simplified method as it has determined that sufficient data is not available to develop an estimate of the expected option term based upon historical participant behavior. The risk free interest rate is based on the yield of U.S. Treasury bonds with equivalent terms. The dividend yield is based on the Company's historical and future expectation of dividends payouts. The Company has not paid cash dividends historically and has no plans to pay cash dividends in the foreseeable future. The Company recognizes share-based compensation expenses for the value of its awards based on the straight line method over the requisite service period of each of the awards . During the years 2016 2015, 2016 2015 Weighted average fair value $0.46 $0.44 Dividend yield 0% 0% Expected volatility 97.7% - 98.2% 87.6% - 88.3% Risk-free interest rate 1.26% - 1.77% 1.60% - 1.91% Expected life (years) 5 5.5 - 7 |
Convertible Instruments, Policy [Policy Text Block] | Convertible Instruments The Company accounts for hybrid contracts that feature conversion options in accordance with applicable GAAP. ASC No. 815 Derivatives and Hedging Activities 815”) Conversion options that contain variable settlement features such as provisions to adjust the conversion price upon subsequent issuances of equity or equity linked securities at exercise prices more favorable than that featured in the hybrid contract generally result in their bifurcation from the host instrument. The Company accounts for convertible instruments, when the Company has determined that the embedded conversion options should not be bifurcated from their host instruments, in accordance with ASC 470 20 470 20”). 470 20 815. |
Concentration Risk, Credit Risk, Policy [Policy Text Block] | Concentration of Credit Risk Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash and cash equivalents, long term deposits and trade receivables. Cash and cash equivalents are invested in banks in the U.S. and in the UK. Such deposits in the United States may Trade receivables of the Company and its subsidiary are mainly derived from sales to customers located primarily in the U.S. and in Europe. The Company performs ongoing credit evaluations of its customers and to date has not experienced any material losses. An allowance for doubtful accounts is determined with respect to those amounts that the Company and its subsidiary have determined to be doubtful of collection |
Comprehensive Income, Policy [Policy Text Block] | Comprehensive Loss The Company reports comprehensive loss in accordance with ASC 220, |
Fair Value of Financial Instruments, Policy [Policy Text Block] | Fair value of Financial Instruments In accordance with ASC 820, The guidance also establishes a hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available. Observable inputs are inputs that market participants would use in valuing the asset or liability and are developed based on market data obtained from sources independent of the Company. Unobservable inputs are inputs that reflect the Company’s assumptions about the factors that market participants would use in valuing the asset or liability. The guidance establishes three may Level 1: Quoted market prices in active markets for identical assets or liabilities. Level 2: Other observable inputs other than Level 1 Level 3: Unobservable inputs reflecting the reporting entity’s own assumptions. The carrying amounts of financial instruments carried at cost, including cash and cash equivalents, trade receivables and trade receivable – related party, investments, notes receivable, trade payables and trade payables – related party approximate their fair value due to the short-term maturities of such instruments. As of December 31, 2016, $1,036 ($90 as of December 31, 2015). I nvestments as of December 31, 2016 were concentrated in AVLP. The Company's investment in AVLP is comprised of convertible promissory notes of $952, $84 Consistent with the guidance at ASC 835, The categorization of a financial instrument within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement. The following table sets forth the Company’s financial instruments that were measured at fair value on a recurring basis by level within the fair value hierarchy: Fair V alue Measurement at December 31, 2016 Total Level 1 Level 2 Level 3 Investments – AVLP – a related party controlled by Philou, a majority shareholder of the Company $ 1,036 $ 84 $ 952 $ - Fair V alue Measurement at December 31, 201 5 Total Level 1 Level 2 Level 3 Investment – Telkoor – a related party, the Company's majority shareholder until September 22, 2016 $ 90 $ - $ - $ 90 As of December 31, 2015, $90. The following table sets forth a summary of the changes in the fair value of the Company’s Level 3 December 31, 2016 2015, 2016 2015 Balance at the beginning of year $ 90 $ 207 Impairment - (110 ) Effect of exchange rate - (7 ) Disposition of investments (90 ) - Balance at the end of year $ - $ 90 |
Debt Discount, Policy [Policy Text Block] | Debt Discounts The Company accounts for debt discount according to ASC No. 470 20, Debt with Conversion and Other Options December 31, 2016 2015, $2 |
Earnings Per Share, Policy [Policy Text Block] | Net Loss per Share Net loss per share is computed by dividing the net loss to common stockholders by the weighted average number of common shares outstanding. The calculation of the basic and diluted earnings per share is the same for all periods presented, as the effect of the potential common stock equivalents is anti-dilutive due to the Company’s net loss position for all periods presented. The Company has included 317,460 $.01, December 31, 2016. December 31: 2016 2015 Stock options 2,256,000 1,146,000 Warrants 1,431,666 - Convertible notes 963,636 - Total 4,651,302 1,146,000 |
New Accounting Pronouncements, Policy [Policy Text Block] | Recently Issued and Adopted Accounting Standards From time to time, new accounting pronouncements are issued by the Financial Accounting Standards Board, (FASB), or other standard setting bodies and adopted by the Company as of the specified effective date. Unless otherwise discussed, the impact of recently issued standards that are not yet effective will not have a material impact on the Company’s consolidated financial position or results of operations upon adoption. In October 2016, first 2018; In August 2016, 2016 15, “Statement of Cash Flows (Topic 230)” 2016 15”), 2016 15 December 15, 2017, 2016 15 may In March 2016, 2016 09, “Compensation - Stock Compensation (Topic 718)” 2016 09”), 2016 09 December 15, 2016, 2016 09 In March 2016, first 2017; In February 2016, 2016 02, “ Leases ” equipment. The ASU will require companies that lease assets to recognize on the balance sheet the assets and liabilities for the rights and obligations created by those leases. The new standard will take effect for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. In January 2016, 2016 01, "Recognition and Measurement of Financial Assets and Liabilities" 2016 01”). 2016 01 may 2016 01, 2016 01 December 15, 2017, 2016 01 In August 2014, 2014 15, "Presentation of Financial Statements-Going Concern (Subtopic 205 40): December 15, 2016. In May 2014, 2014 09, “Revenue from Contracts with Customers (Topic 606)” 2014 09”). 2014 09 605, “Revenue Recognition” 605 35, "Revenue Recognition - Construction-Type and Production-Type Contracts.” 2014 09 2014 09 2014 09 2014 09 two first 2014 09 second 2014 09 2014 09 2019 2015 14, "Revenue from Contracts with Customers (Topic 606): August 2015 one 2014 09 2015 14 may There have been four 2014 09, 2016 08, "Principal versus Agent Considerations (Reporting Revenue Gross Versus Net)," March, 2016 2014 09. 2016 10, "Identifying Performance Obligations and Licensing," April 2016, 2014 09 2016 12, "Revenue from Contracts with Customers - Narrow Scope Improvements and Practical Expedients" 2014 09 2014 09. 2016 20, “Technical Corrections and Improvements to Topic 606, December 2016, makes other technical corrections and improvements to the standard. With its evaluation of the impact of ASU 2014 09, four The Company has considered all other recently issued accounting standards and does not believe the adoption of such standards will have a material impact on its consolidated financial statements. |