Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE PRESENTATION (Tables)

v3.7.0.1
FAIR VALUE PRESENTATION (Tables)
6 Months Ended 12 Months Ended
May 31, 2017
Nov. 30, 2016
Schedule of Assets and Liabilities at Fair Value [Table Text Block]
    May 31,     November 30,  
    2017     201 6  
    Level 3     Level 3  
Warrants (1) $ 2,861   $ 1,843  
Price protection derivative (1)   -     76  
Embedded derivatives convertible loans*(1)   383     240  
Put option derivatives   273     273  
Convertible bonds (2) $   -   $ 1,818  
 
Schedule of Fair Value, Assumptions Used [Table Text Block]
    Price Protection        
    Derivative and     Embedded  
    Warrants     Derivative  
Fair value of shares of Common Stock $ 0.59   $ 0.59  
Expected volatility   95%     100%  
Discount on lack of marketability   16%     -  
Risk free interest rate   0.47%     0.86%  
Expected term (years)   1.4 - 2.1     0.08 - 0.42  
Expected dividend yield   0%     0%  
             
Expected capital raise dates   July 31, 2017     -  
 
Schedule of Fair Value of Financial Liabilities, Activity [Table Text Block]
                Convertible     Price     Put Option  
          Embedded     Bonds     Protection     Derivative  
    Warrants     Derivatives           Derivative        
          (in thousands)                    
Balance at beginning of the year $ 1,843   $ 240   $ 1,818   $ 76   $ 273  
Changes in fair value during the period   1,018     143     22     (76 )      
Repayment and conversion of                              
convertible bonds               (1,827 )            
Translation adjustments               (13 )            
Balance at end of the period $ 2,861   $ 383   $   -   $   -   $ 273  
                Convertible     Price     Put Option  
          Embedded     Bonds     Protection     Derivative  
    Warrants     Derivatives           Derivative        
          (in thousands)                    
Balance at beginning of the year $ 1,382   $ 289   $ 1,888   $ 1,533   $    
Additions   802     40           120     273  
Conversion         (10 )                  
Changes in fair value related to Price                              
Protection Derivative expired*                     (108 )      
Changes in fair value during the period   (341 )   (87 )   (84 )   (1,469 )      
Changes in fair value due to                              
extinguishment of convertible loan         8                    
Translation adjustments               14              
Balance at end of the year $ 1,843   $ 240   $ 1,818   $ 76   $ 273