CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (5,212)	$ (5,968)
Adjustments required to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	75	56
Impairment of royalties buyout	316
Change in liability for employees right upon retirement	12	26
Financial expenses	102	93
Share-based compensation expenses	1,029	1,019
Loss on amounts funded in respect of employee rights upon retirement, net	4
Changes in operating asset and liability items:
Decrease in prepaid expenses	49	60
Decrease (increase) in trade receivables	(84)	361
Decrease (increase) in other receivables	81	(78)
Decrease in inventory	174	250
Decrease in trade payables	(244)	(218)
Increase (decrease) in other payables and advance payment from customers	(924)	690
Net cash used in operating activities	(4,622)	(3,709)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of property, plant and equipment	(1)	(13)
Amounts funded in respect of employee rights upon retirement, net	(10)	(21)
Net cash used in investing activities	(11)	(34)
CASH FLOWS FROM FINANCING ACTIVITIES:
Taxes withheld in respect of share issuance	(78)	(77)
Proceeds from issuance of shares and warrants, net of $1,315 issuance costs	12,529
Repayment of long-term loan	(891)
Net cash provided by (used in) financing activities	11,560	(77)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	(41)	(9)
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	6,886	(3,829)
BALANCE OF CASH AND CASH EQUIVALENTS AT BEGINNING OF THE PERIOD	6,300	17,535
BALANCE OF CASH AND CASH EQUIVALENTS AT END OF THE PERIOD	$ 13,186	$ 13,706