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STOCK CAPITAL (Tables)
6 Months Ended
Jun. 30, 2015
Stockholders' Equity Note [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
A summary of the Company's option activity related to options to employees and directors, and related information is as follows:
 
 
 
For the six months ended
 
 
 
June 30, 2015
 
 
 
 
 
Weighted
 
 
 
 
 
 
 
average
 
Aggregate
 
 
 
Amount of
 
exercise
 
intrinsic
 
 
 
options
 
price
 
value
 
 
 
 
 
 
$
 
$
 
 
 
 
 
 
 
 
 
 
 
 
Outstanding at beginning of period
 
 
792,110
 
 
3.4545
 
 
 
 
Granted
 
 
6,667
 
 
0.7500
 
 
 
 
Exercised
 
 
-
 
 
-
 
 
 
 
Cancelled
 
 
(11,667)
 
 
6.1071
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Outstanding at end of period
 
 
787,110
 
 
3.3923
 
 
171,345
 
 
 
 
 
 
 
 
 
 
 
 
Vested and expected-to-vest at end of period
 
 
465,944
 
 
2.8055
 
 
374,858
 
Schedule Of Warrants Issued To Investors Service Providers [Table Text Block]
 
 
 
Number of
 
 
 
 
 
 
 
 
Exercise
 
 
 
 
 
 
 
 
warrants
 
 
 
 
 
 
 
 
Price
 
Warrants
 
 
Exercisable
 
Issuance date
 
issued
 
Exercised
 
Forfeited
 
Outstanding
 
 
$
 
exercisable
 
 
through
 
Nov-Dec 2004
 
 
973,390
 
 
959,734
 
 
13,656
 
 
-
 
 
0.00075 - 0.15
 
 
-
 
 
-
 
Feb-Dec 2005
 
 
203,898
 
 
32,011
 
 
171,887
 
 
-
 
 
2.25 - 37.5
 
 
-
 
 
-
 
Feb-Dec 2006
 
 
112,424
 
 
48,513
 
 
31,911
 
 
32,000
 
 
0.075 – 22.5
 
 
32,000
 
 
Feb - May 2016
 
Mar-Nov 2007
 
 
180,220
 
 
-
 
 
66,887
 
 
113,333
 
 
2.25 - 7.05
 
 
113,333
 
 
Mar 2017 – Oct 2017
 
Nov 2008
 
 
6,667
 
 
-
 
 
-
 
 
6,667
 
 
2.25
 
 
6,667
 
 
Sep-18
 
Apr-Oct  2009
 
 
26,667
 
 
6,667
 
 
-
 
 
20,000
 
 
1.005 – 1.5
 
 
20,000
 
 
Apr 2019 – Oct 2019
 
Aug 2007- Jan 2011
 
 
2,016,667
 
 
-
 
 
-
 
 
2,016,667
 
 
3 - 4.35
 
 
2,016,667
 
 
Nov-17
 
Jan 2010
 
 
83,333
 
 
-
 
 
83,333
 
 
-
 
 
7.5
 
 
-
 
 
-
 
Feb 2010
 
 
8,333
 
 
8,333
 
 
-
 
 
-
 
 
0.15
 
 
-
 
 
-
 
Feb 2010
 
 
200,000
 
 
-
 
 
200,000
 
 
-
 
 
7.5
 
 
-
 
 
-
 
Feb 2010
 
 
100,000
 
 
-
 
 
100,000
 
 
-
 
 
0.015
 
 
-
 
 
-
 
Feb 2011
 
 
42,735
 
 
-
 
 
42,735
 
 
-
 
 
5.85
 
 
-
 
 
-
 
Feb 2011
 
 
427,167
 
 
63,122
 
 
364,044
 
 
-
 
 
4.2
 
 
-
 
 
-
 
Feb 2011
 
 
854,333
 
 
-
 
 
854,333
 
 
-
 
 
7.5
 
 
-
 
 
-
 
Jul 2012
 
 
32,931
 
 
-
 
 
32,931
 
 
-
 
 
5.22
 
 
-
 
 
-
 
Jul 2012
 
 
990,949
 
 
687,037
 
 
303,911
 
 
-
 
 
4.35
 
 
-
 
 
-
 
Feb 2013
 
 
55,556
 
 
-
 
 
-
 
 
55,556
 
 
7.5
 
 
55,556
 
 
Oct-15
 
April 2010-2014
 
 
12,889
 
 
8,889
 
 
4,000
 
 
-
 
 
0.00075
 
 
-
 
 
-
 
Aug 2013
 
 
1,147,471
 
 
-
 
 
1,110,706
 
 
36,764
 
 
3.75
 
 
36,764
 
 
Aug-16
 
Aug 2013
 
 
29,000
 
 
29,000
 
 
-
 
 
-
 
 
0.525
 
 
-
 
 
-
 
Jun 2014
 
 
2,800,000
 
 
2,546,667
 
 
-
 
 
253,333
 
 
5.22
 
 
253,333
 
 
Jun-17
 
Jun 2014
 
 
84,000
 
 
-
 
 
-
 
 
84,000
 
 
4.5
 
 
84,000
 
 
Jun-17
 
Jan 2015
 
 
3,858,201
 
 
-
 
 
-
 
 
3,858,201
 
 
6.5
 
 
3,858,201
 
 
Jun-18
 
 
 
 
14,246,831
 
 
4,389,973
 
 
3,380,334
 
 
6,476,521
 
 
 
 
 
6,476,521
 
 
 
 
Stock Based Compensation Expense [Table Text Block]
The total stock-based compensation expense, related to shares, options and warrants granted to employees, directors and service providers, was comprised, at each period, as follows:
 
 
 
Six months ended
 
Three months ended
 
 
 
June 30,
 
June 30,
 
 
 
2015
 
2014
 
2015
 
2014
 
 
 
Unaudited
 
Unaudited
 
 
 
 
 
 
 
 
 
 
 
Research and development
 
 
14
 
 
144
 
 
6
 
 
16
 
General and administrative
 
 
654
 
 
264
 
 
315
 
 
160
 
Total stock-based compensation expense
 
 
668
 
 
408
 
 
321
 
 
176