XML 21 R3.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
REVENUES $ 26,113 $ 764 $ 29,974 $ 4,892
COMPANY'S SHARE IN COLLABORATION AGREEMENT (855) (5,382) (988) (3,510)
COST OF REVENUES (3,279) (132) (4,599) (910)
GROSS PROFIT (LOSS) 21,979 (4,750) 24,387 472
RESEARCH AND DEVELOPMENT EXPENSES (10,544) [1] (8,768) [1] (19,391) [1] (19,331) [1]
less - grants and reimbursements 1,689 1,449 3,692 3,741
RESEARCH AND DEVELOPMENT EXPENSES, NET (8,855) (7,319) (15,699) (15,590)
GENERAL AND ADMINISTRATIVE EXPENSES (3,504) [2] (1,799) [2] (5,133) [2] (3,788) [2]
OPERATING Profit (LOSS) 9,620 (13,868) 3,555 (18,906)
FINANCIAL INCOME - NET 22 179 183 165
NET PROFIT (LOSS) FOR THE PERIOD $ 9,642 $ (13,689) $ 3,738 $ (18,741)
EARNINGS (LOSS) PER SHARE OF COMMON STOCK:        
BASIC $ 0.11 $ (0.16) $ 0.04 $ (0.22)
DILUTED $ 0.10 $ (0.16) $ 0.04 $ (0.22)
WEIGHTED AVERAGE NUMBER OF SHARES OF COMMON STOCK USED IN COMPUTING EARNINGS (LOSS) PER SHARE:        
BASIC 91,526,224 85,579,534 89,702,496 83,686,094
DILUTED 94,881,167 85,579,534 92,670,033 83,686,094
[1] Includes share-based compensation 2,445 256 2,384 152
[2] Includes share-based compensation 1,314 265 1,246 127