XML 23 R7.htm IDEA: XBRL DOCUMENT  v2.3.0.11
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (18,741) $ (17,996)
Adjustments required to reconcile net loss to net cash used in operating activities    
Share based compensation 521 532
Depreciation and impairment of fixed assets 1,801 1,455
Financial expenses, net (mainly exchange differences) (73) (27)
Changes in accrued liability for employee rights upon retirement 77 271
Gain on amounts funded in respect of employee rights upon retirement (16) (4)
Gain on sale of fixed assets 0 8
Changes in operating assets and liabilities:    
Increase (decrease) in deferred revenues 149 (2,282)
Decrease in inventories 652 0
Decrease (increase) in accounts receivable 2,049 (1,703)
Increase (decrease) in accounts payable and accruals 4,770 (1,007)
Net cash used in operating activities (8,811) (20,753)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (4,016) (5,473)
Amounts funded in respect of employee rights upon retirement, net (77) (60)
Net cash used in investing activities (4,093) (5,533)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Issuance of shares, net of issuance cost 20,650 0
Exercise of options 259 27
Net cash provided by financing activities 20,909 27
EFFECT OF EXCHANGE RATE CHANGES ON CASH 149 (46)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 8,154 (26,305)
BALANCE OF CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 35,900 81,266
BALANCE OF CASH AND CASH EQUIVALENTS AT END OF PERIOD 44,054 54,961
SUPPLEMENTARY INFORMATION ON INVESTING AND FINANCING ACTIVITIES NOT INVOLVING CASH FLOWS:    
Purchase of property and equipment 1,995 712
Issuance cost not yet paid and accruals - other $ 60 $ 5