TRANSITION PERIOD COMPARATIVE DATA (Tables)

6 Months Ended

Dec. 31, 2013

TRANSITION PERIOD COMPARATIVE DATA [Abstract]

Schedule of Transition Period Comparative Data

	6 month period ended December 31,
	2013			2012
	(audited)			(unaudited)
	($ in thousands)
Operating Data:
Revenues	$	3,105		$	1,859
Cost of Revenues		1,442			777
Gross Profit		1,663			1,082
Operating Expenses:
Royalties buyout expenses					918
Other research and development expenses		3,315			2,202
Selling and marketing		2,647			1,608
General and administrative (including $1,417 and $1,213 of share-based compensation for the six month periods ended December 31, 2013 and 2012, respectively)		4,528			4,001
Total operating expenses		10,490			8,729
Loss from operations		(8,827	)		(7,647	)
Interest expense		273			1,637
Other financial expenses, net		226			93
Loss before tax expenses		(9,326	)		(9,377	)
Tax expenses		10			49
Net loss		(9,336	)	$	(9,426	)
Net loss per share - basic and diluted	$	(0.27	)	$	(0.54	)
Weighted Average number of ordinary shares used in computing net loss per share - basic and diluted		33,963,901			17,401,025
Cash Flow Data:
Net cash used by operating activities		(6,799	)		(5,799	)
Net cash used by investing activities		(252	)		(193	)
Net cash provided by financing activities		9,763			1,049
Effect of exchange rate changes on cash and cash equivalents		3			92
Net increase (decrease) in cash and cash equivalents		2,715			(4,851	)