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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
REVENUES $ 2,006 $ 6,358 $ 6,559 $ 9,247
COST OF REVENUES (2,183) (5,523) (5,107) (7,611)
GROSS PROFIT (LOSS) (177) 835 1,452 1,636
RESEARCH AND DEVELOPMENT EXPENSES [1] (7,476) (9,304) (14,762) (15,271)
Less - grants 235 478 1,078 1,816
RESEARCH AND DEVELOPMENT EXPENSES, NET (7,241) (8,826) (13,684) (13,455)
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES [1] (2,158) (2,814) (4,656) (5,351)
OPERATING LOSS (9,576) (10,805) (16,888) (17,170)
FINANCIAL EXPENSES (1,793) (3,045) (4,013) (5,132)
FINANCIAL INCOME 75 40 207 1,665
(LOSS) INCOME FROM CHANGE IN FAIR VALUE OF CONVERTIBLE NOTES EMBEDDED DERIVATIVE   14,260   (38,061)
FINANCIAL (EXPENSES) INCOME, NET (1,718) 11,255 (3,806) (41,528)
NET (LOSS) INCOME FOR THE PERIOD $ (11,294) $ 450 $ (20,694) $ (58,698)
BASIC        
Net (loss) earnings per share of common stock $ (0.08) $ 0.00 $ (0.14) $ (0.47)
DILUTED        
Net loss per share of common stock $ (0.08) $ (0.06) $ (0.14) $ (0.47)
WEIGHTED AVERAGE NUMBER OF SHARES OF COMMON STOCK USED IN COMPUTING (LOSS) EARNINGS PER SHARE        
BASIC 146,644,450 127,523,706 145,985,445 126,000,782
DILUTED 146,644,450 192,598,389 145,985,445 126,000,782
[1] Includes share-based compensation