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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
CURRENT ASSETS:    
Cash and cash equivalents $ 51,163 $ 63,281
Accounts receivable - Trade 1,721 693
Other assets 1,934 2,648
Inventories 7,833 5,245
Total current assets 62,651 71,867
FUNDS IN RESPECT OF EMPLOYEE RIGHTS UPON RETIREMENT 1,887 1,677
PROPERTY AND EQUIPMENT, NET 7,676 8,703
Total assets 72,214 82,247
Accounts payable and accruals:    
Trade 7,521 4,007
Other 9,310 7,496
Convertible notes 5,921 53,872
Deferred revenues 837
Total current liabilities 22,752 66,212
LONG TERM LIABILITIES:    
Convertible notes 46,267 19,343
Deferred revenues 26,851
Liability for employee rights upon retirement 2,586 2,348
Other long term liabilities 5,051 4,301
Total long term liabilities 80,755 25,992
Total liabilities 103,507 92,204
COMMITMENTS (Note 6)
CAPITAL DEFICIENCY:    
Common Stock, $0.001 par value: Authorized - as of December 31, 2016 and 2017, 250,000,000 shares; issued and outstanding, respectively - as of December 31, 2016 and 2017, 124,134,085 shares and 143,728,797 shares, respectively 144 124
Additional paid-in capital 266,495 202,575
Accumulated deficit (297,932) (212,656)
Total capital deficiency (31,293) (9,957)
Total liabilities net of capital deficiency $ 72,214 $ 82,247