CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
CURRENT ASSETS:
Cash and cash equivalents	$ 43,238	$ 54,767
Accounts receivable - Trade	1,936	1,884
Other assets	2,326	2,202
Inventories	6,368	6,667
Total current assets	53,868	65,520
FUNDS IN RESPECT OF EMPLOYEE RIGHTS UPON RETIREMENT	1,596	1,555
PROPERTY AND EQUIPMENT, NET	10,392	11,282
DEFERRED CHARGES	98	113
Total assets	65,954	78,470
Accounts payable and accruals:
Trade	4,275	3,951
Other	14,316	15,496
Deferred revenues	6,928	6,763
Total current liabilities	25,519	26,210
LONG TERM LIABILITIES:
Convertible notes	67,670	67,464
Deferred revenues	35,614	37,232
Liability in connection with collaboration operation		912
Liability for employee rights upon retirement	2,288	2,253
Total long term liabilities	105,572	107,861
Total liabilities	$ 131,091	$ 134,071
COMMITMENTS
CAPITAL DEFICIENCY	$ (65,137)	$ (55,601)
Total liabilities net of capital deficiency	$ 65,954	$ 78,470