XML 33 R42.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONVERTIBLE LOANS (2012 Debentures) (Details) (USD $)
6 Months Ended 12 Months Ended 6 Months Ended 0 Months Ended 6 Months Ended
Jun. 30, 2012
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Jun. 30, 2012
Placement Agent [Member]
Apr. 05, 2012
Warrants Issued with Convertible Debentures [Member]
Jun. 30, 2012
Warrants Issued with Convertible Debentures [Member]
Jun. 30, 2012
8% Senior Secured Convertible Debentures [Member]
Apr. 05, 2012
8% Senior Secured Convertible Debentures [Member]
Jun. 30, 2012
Mandatory Default Amount [Member]
Debt Instrument [Line Items]                    
Debt maturity date               Apr. 05, 2014    
Original aggregate principal amount               $ 11,702,128    
Proceeds from issuance of convertible loan       1,073,000          11,000,000    
Loan interest rate               8.00%   24.00%
Date of first required payment               July 1, 2012    
Debt conversion price               $ 1.75    
Conversion adjustment amount, conversion ratio               0.00021917808    
Percent of stock price triggering forcible conversion               165.00%    
Minimum trading volume triggering forcible conversion               1,100,000    
Maximum percent of shares by any holder               4.99%    
Maximum percent of shares owned by any holder, after notice               9.99%    
Percent of holders required to elect default               60.00%    
Percent of principal at which debt can be redeemed               112.00%    
Direct transaction costs paid         1,200,000     1,394,000    
Warrants Disclosures:                    
Number of shares called by warrants         312,310   3,343,465      
Warrant exercise price         1.8   1.8      
Warrant expiration date             Apr. 05, 2017      
Payments for placement fees    1,014,000 78,000 11,000            
Dividend yield           0.00% 0.00%      
Expected term           5 years 4 years 9 months 3 days      
Volatility           66.10% 69.60%      
Risk-free interest rate           1.01% 0.72%      
Fair Value Disclosures:                    
Contingently redeemable warrants 1,706,000             4,395,000 2,807,000 262,000  
Embedded derivative               8,000    
Beneficial conversion feature               3,790,000    
2010 Convertible Debentures               8,185,000    
Deferred debt issuance costs                 $ 1,037,000