SUBSEQUENT EVENTS	9 Months Ended
Mar. 31, 2013
SUBSEQUENT EVENTS [Abstract]
SUBSEQUENT EVENTS	NOTE 12 - SUBSEQUENT EVENTS: On November 16, 2011, in connection with the appointment of the Company's Chairman, the Chairman was issued an option to purchase 181,250 shares of common stock at an exercise price of $7.80 per share, which vested and became exercisable on April 11, 2013, when the common stock was listed on the NYSE MKT, a registered national securities exchange. On April 16, 2013, the Company appointed a new Vice President of Corporate Development. In accordance with the appointment, on April 22, 2013, the Company granted the new Vice President of Corporate Development stock options to purchase 150,000 shares of the Company's common stock. The options have an exercise price of $1.97, which was the fair market value of the Company's common stock on the date of grant. The options are subject to a three-year vesting period with one-third of such awards vesting each year. In calculating the fair value of the above options the Company used the following assumptions: dividend yield of 0% and expected term of 5.5-6.5 years; expected volatility of 66.9%-68.2%; and risk-free interest rate of 0.8%-1.02%. The fair value of the above options, using the Black-Scholes option-pricing model, was approximately $178,000. On April 22, 2013, the Company modified the compensation packages of its chief financial officer and its senior vice president of research and development and chief technical officer of InspireMD Ltd., the Company's wholly-owned subsidiary, in order to (i) increase the base salaries of each to $175,000 per annum, (ii) provide that each shall be eligible to receive an annual bonus equal to up to 30% of his base salary, at the sole discretion of the compensation committee of the Company, in consultation with the Company's chief executive officer, and (iii) provide termination benefits as stipulated in the amendments. On April 25, 2013, the Company granted to the CEO (i) options to purchase 297,447 shares of common stock of Common Stock, with an exercise price of $2.05 per share (the "April Option Grant") and (ii) 179,866 restricted shares of Common Stock (the "April RS Grant"). The April Option Grant vests in three equal annual installments. The April RS Grant is subject to forfeiture until vested. This award vests in three equal annual installments. The fair value of the above 179,866 restricted shares was approximately $369,000. In calculating the fair value of the above options the Company used the following assumptions: dividend yield of 0% and expected term of 5.5-6.5 years; expected volatility of 66.9%-68.2%; and risk-free interest rate of 0.82%-1.04%. The fair value of the above options, using the Black-Scholes option-pricing model, was approximately $368,000. On May 3, 2013, the board of directors approved the issuance of options to purchase an aggregate of 400,000 shares of the Company's common stock to certain of the Company's independent directors, with the grant date to be the second trading day after the filing of this Quarterly Report on Form 10-Q and the exercise price to be the fair market value of the common stock on such grant date. The options will be subject to a three-year vesting period with one-third of such awards vesting each year. During April and May 2013, the Company issued a total of 126,928 shares of its common stock in connection with the exercise of 126,928 options. The Company's cash proceeds in connection with such exercises equal the par value of the shares issued.

NOTE 12 - SUBSEQUENT EVENTS:

On November 16, 2011, in connection with the appointment of the Company's Chairman, the Chairman was issued an option to purchase 181,250 shares of common stock at an exercise price of $7.80 per share, which vested and became exercisable on April 11, 2013, when the common stock was listed on the NYSE MKT, a registered national securities exchange.

On April 16, 2013, the Company appointed a new Vice President of Corporate Development. In accordance with the appointment, on April 22, 2013, the Company granted the new Vice President of Corporate Development stock options to purchase 150,000 shares of the Company's common stock. The options have an exercise price of $1.97, which was the fair market value of the Company's common stock on the date of grant. The options are subject to a three-year vesting period with one-third of such awards vesting each year.

In calculating the fair value of the above options the Company used the following assumptions: dividend yield of 0% and expected term of 5.5-6.5 years; expected volatility of 66.9%-68.2%; and risk-free interest rate of 0.8%-1.02%.

The fair value of the above options, using the Black-Scholes option-pricing model, was approximately $178,000.

On April 22, 2013, the Company modified the compensation packages of its chief financial officer and its senior vice president of research and development and chief technical officer of InspireMD Ltd., the Company's wholly-owned subsidiary, in order to (i) increase the base salaries of each to $175,000 per annum, (ii) provide that each shall be eligible to receive an annual bonus equal to up to 30% of his base salary, at the sole discretion of the compensation committee of the Company, in consultation with the Company's chief executive officer, and (iii) provide termination benefits as stipulated in the amendments.

On April 25, 2013, the Company granted to the CEO (i) options to purchase 297,447 shares of common stock of Common Stock, with an exercise price of $2.05 per share (the "April Option Grant") and (ii) 179,866 restricted shares of Common Stock (the "April RS Grant"). The April Option Grant vests in three equal annual installments. The April RS Grant is subject to forfeiture until vested. This award vests in three equal annual installments. The fair value of the above 179,866 restricted shares was approximately $369,000.

The fair value of the above options, using the Black-Scholes option-pricing model, was approximately $368,000.

On May 3, 2013, the board of directors approved the issuance of options to purchase an aggregate of 400,000 shares of the Company's common stock to certain of the Company's independent directors, with the grant date to be the second trading day after the filing of this Quarterly Report on Form 10-Q and the exercise price to be the fair market value of the common stock on such grant date. The options will be subject to a three-year vesting period with one-third of such awards vesting each year.

During April and May 2013, the Company issued a total of 126,928 shares of its common stock in connection with the exercise of 126,928 options. The Company's cash proceeds in connection with such exercises equal the par value of the shares issued.