SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2013

SIGNIFICANT ACCOUNTING POLICIES [Abstract]

Schedule of Annual Rates of Depreciation

Annual rates of depreciation are as follows:

	%
Demonstration and rental equipment	33
Research and development equipment	25 - 33
Manufacturing equipment	15 - 33
Office furniture and equipment	7 - 33
Leasehold improvements	(*)

*) At the shorter of the lease period or useful life of the leasehold improvement.

Assumptions Used in Estimation of Fair Value of Stock-based Compensation Awards

The fair value for options granted in 2013, 2012 and 2011 is estimated at the date of grant with the following weighted average assumptions:

	2013	2012	2011
Dividend yield	0%	0%	0%
Expected volatility	71%-74%	80-100%	76-132%
Risk-free interest	0.3%-0.6%	0.3-0.4%	0.3-2.1%
Expected life (in years)	2.81	1.5-5.5	1.5-5.5

Schedule of Changes in the Liability for Product Warranty

The followings are the changes in the liability for product warranty from January 1, 2011 to December 31, 2013:

Balance at January 1, 2011	229
Provision for warranties issued during the year	316
Reduction for payments and costs to satisfy claims	(297	)
Balance at December 31, 2011	248
Provision for warranties issued during the year	130
Reduction for payments and costs to satisfy claims	(123	)
Balance at December 31, 2012	255
Provision for warranties issued during the year	288
Reduction for payments and costs to satisfy claims	(401	)
Balance at December 31, 2013	142