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EQUITY (Tables)
12 Months Ended
Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Information about Warrants and Share Options

 

    Year ended December 31,     6 month period ended     Year ended June 30,  
    2014     December 31, 2013     2013     2012  
    Number of
warrants
and options
    Weighted
average
exercise price
    Number of
warrants and
options
    Weighted
average
exercise price
    Number of
warrants and
options
    Weighted
average
exercise price
    Number of
warrants and
options
    Weighted
average
exercise price
 
Outstanding -  beginning of period     3,688,175     $ 4.55       3,407,054     $ 4.71       2,321,083     $ 5.28       1,098,631     $ 3.60  
Granted     1,846,515     $ 2.91       430,000       2.38       1,706,112       3.19       1,579,250       6.80  
Forfeited     (164,516 )   $ 3.9       (77,863 )     3.50       (194,729 )     4.11       (106,799 )     8.44  
Exercised                     (71,016 )     0.001       (425,412 )     0.001       (250,000 )     6.00  
Outstanding -end of period     5,370,174     $ 4.01       3,688,175     $ 4.55       3,407,054     $ 4.71       2,321,082     $ 5.28  
Exercisable at the end of the period     2,292,003     $ 5.48       1,526,024     $ 6.55       1,316,979     $ 6.23       904,108     $ 3.04  

 

  

The following table summarizes information about warrants and share options to non-employees:

 

    Year ended December 31,     6 month period ended     Year ended June 30,  
    2014     December 31, 2013     2013     2012  
    Number of
warrants and
options
    Weighted
average
exercise price
    Number of
warrants and
options
    Weighted
average
exercise price
    Number of
warrants and
options
    Weighted
average
exercise price
    Number of
warrants and
options
    Weighted
average
exercise price
 
Outstanding - beginning of period     1,543,141     $ 4.57       1,634,702     $ 4.57       2,123,943     $ 3.80       1,999,103     $ 3.60  
Granted*                                     115,723       5.09       239,086       5.04  
Forfeited     (144,126 )   $ 5.44       (85,474 )     4.86       (33,486 )     5.79       (114,246 )     2.44  
Exercised                     (6,087 )     0.00       (571,478 )     1.86       -       -  
Outstanding - end of period     1,399,015     $ 4.48       1,543,141     $ 4.57       1,634,702     $ 4.57       2,123,943     $ 3.80  
Exercisable at the end of the period     1,391,398     $ 4.47       1,500,713     $ 4.53       1,546,693     $ 4.51       2,056,710     $ 3.76  

 

* Including 50,000 and 19,479 options with performance conditions in the years ended June 30, 2013 and 2012, respectively.
Schedule of Restricted Shares
                Year ended June 30,  
    Year ended December 31, 2014     6 month period
ended December
31, 2013
    2013     2012  
    Number of restricted shares     Number of
restricted shares
    Number of
restricted shares
    Number of
restricted shares
 
Outstanding - beginning of period     546,533       546,533       -       -  
Granted     650,757               579,866          
Forfeited     (7,175 )                        
Vested     (159,955             (33,333        
Outstanding - end of period     1,030,160       546,533       546,533       -  
Schedule of Additional Information about Warrants and Share Options
    Outstanding as of December 31, 2014  
Exercise
price
  Warrants and
options
outstanding
    Weighted
average
remaining
contractual
life (years)
    Warrants
and options
exercisable
 
0-1.97     572,106       4.37       462,106  
2.05-3.4     3,293,377       8.81       570,204  
4.05-4.928     998,381       6.45       775,628  
6-7.8     1,740,325       3.94       1,729,631  
8-10.4     165,000       6.44       145,833  
      6,769,189       6.77       3,683,402  
Schedule of Assumptions used to determine the Fair Value of Options
   

Year ended June 30 ,

 
    2013     2012  
             
Expected life     2-10 years       2-10 years  
Risk-free interest rates     0.28%-1.79 %     0.3%-1.97 %
Volatility     60%-73 %     47%-65 %
Dividend yield     0 %     0 %
    Year ended     6 month period ended     Year ended June 30,  
    December 31, 2014     December 31, 2013     2013     2012  
Expected life     5.5-6.5 years       5.5-6.5 years       5.04-6.5 years       0.17-6.5 years  
Risk-free interest rates     1.64%-2.18     1.55%-2.23 %     0.72%-1.28     0.03%-2.79
Volatility     62.89%-68 %     68%-69 %     67%-70 %     55%-71 %
Dividend yield     0 %     0 %     0 %     0 %
Schedule of Allocation of Share Based Compensation Expense
    Year ended     6 month
period
ended
    Year ended June 30,  
    December
31, 2014
    December
31, 2013
    2013     2012  
    ($ in thousands)  
Deduction from revenue   $ -     $ -     $ -     $ 68  
Cost of revenues     13       4       44       192  
Research and development     534       41       284       370  
Sales and marketing     446       87       78       375  
General and administrative     3,145       1,417       3,433       9,549  
    $ 4,138     $ 1,549     $ 3,839     $ 10,554