DISCONTINUED OPERATIONS (Tables)

12 Months Ended

Dec. 31, 2016

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Discontinued Operations

The following assets and liabilities associated with the Company’s discontinued operations, have been segregated and classified as assets and liabilities of discontinued operations, as appropriate, in the consolidated balance sheets as of December 31, 2015 and 2016, respectively:

	December 31,
(U.S. dollars in thousands)	2015		2016
CURRENT ASSETS:
Accounts receivable - Trade	$	1,993	$	327
Inventories		80
Total current assets of discontinued operation		2,073		327
CURRENT LIABILITIES:
Other Accounts payable and accruals	$	1,568
Total current liabilities of discontinued operation		1,568

The following summarizes financial information related to the Company’s discontinued operations, in the Company’s consolidated statements of operations:

	Year ended December 31,
	2014		2015		2016
(U.S. dollars in thousands)
REVENUES	$	10,128	$	48,674	$	209
COMPANY’S SHARE IN COLLABORATION AGREEMENT		1,509		5,048
COST OF REVENUES		(8,423)		(7,697)		(373)
GROSS PROFIT (LOSS)		3,214		46,025		(164)
RESEARCH AND DEVELOPMENT EXPENSES		(2,409)		(586)
Less –reimbursements		2,983		545
RESEARCH AND DEVELOPMENT EXPENSES, NET		574		(41)
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES		(433)		(564)		(25)
NET INCOME (LOSS) FOR THE YEAR FROM DISCONTINUED OPERATIONS	$	3,355	$	45,420	$	(189)
GAIN ON THE DISPOSAL				39,899
NET INCOME (LOSS)	$	3,355	$	85,319	$	(189)