XML 12 R3.htm IDEA: XBRL DOCUMENT v2.3.0.15
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
REVENUES$ 1,132$ 3,184$ 6,024$ 5,466
COMPANY'S SHARE IN COLLABORATION AGREEMENT(235)(1,065)(3,745)(1,887)
COST OF REVENUES(220) (1,130) 
GROSS PROFIT6772,1191,1493,579
RESEARCH AND DEVELOPMENT EXPENSES(9,340)[1](6,322)[1](28,671)[1](25,647)[1]
less - grants and reimbursements1,4222,7765,1635,255
RESEARCH AND DEVELOPMENT EXPENSES, NET(7,918)(3,546)(23,508)(20,392)
GENERAL AND ADMINISTRATIVE EXPENSES(1,526)[2](1,421)[2](5,314)[2](4,305)[2]
OPERATING LOSS(8,767)(2,848)(27,673)(21,118)
FINANCIAL INCOME (EXPENSES)- NET(108)37457648
NET LOSS FOR THE PERIOD$ (8,875)$ (2,474)$ (27,616)$ (20,470)
NET LOSS PER SHARE OF COMMON STOCK - BASIC AND DILUTED:$ 0.10$ 0.03$ 0.33$ 0.25
WEIGHTED AVERAGE NUMBER OF SHARES OF COMMON STOCK USED IN COMPUTING LOSS PER SHARE:    
Basic and diluted85,585,77780,914,93084,351,42080,879,843
[1]Research and development expenses include share-based compensation of $348 and $431 for the nine-month periods ended September 30, 2011 and September 30, 2010, respectively, and $92 and $213 for the three-month periods ended September 30, 2011 and September 30, 2010, respectively.
[2]General and administrative expenses include share-based compensation of $382 and $456 for the nine-month periods ended September 30, 2011 and September 30, 2010, respectively, and $117 and $142 for the three-month periods ended September 30, 2011 and September 30, 2010, respectively.