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INCOME TAXES (Tables)
9 Months Ended
Mar. 31, 2016
Income Tax Disclosure [Abstract]  
Schedule of taxes on income
   

Three months ended

March 31,

   

Nine months ended

March 31,

 
    2016     2015     2016     2015  
    Unaudited     Unaudited  
                         
Current year taxes   $ 1,069     $ 398     $ 2,380     $ 1,146  
Previous year taxes     -       -       (216 )     -  
Deferred tax expense (income)     (100 )     -       (6,627 )     -  
                                 
Taxes on income (tax benefit)   $ 969     $ 398     $ (4,463 )   $ 1,146  
Schedule of deferred tax liabilities and assets
    March 31,     June 30,  
    2016     2015  
    (Unaudited)        
             
Assets in respect of:            
             
Carryforward tax losses   $ -     $ 23,033  
Research and Development carryforward expenses- temporary differences     4,488       5,173  
Stock-based compensation     548       -  
Other reserves     1,450       1,346  
                 
      6,486       29,552  
                 
Valuation allowance (1)     -       (29,552 )
                 
Net deferred tax assets   $ 6,486     $ -