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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands
9 Months Ended12 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Dec. 31, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:   
Net loss$ (6,432)$ (2,239)$ (3,420)
Adjustments required to reconcile net loss to net cash used in operating activities:   
Depreciation and amortization of property, plant and equipment528591
Loss from sale of property, plant and equipment15  
Change in liability for employees right upon retirement45342
Financial expenses8529694
Share-based compensation expenses2,8171,3521,620
Loss (Gains) on amounts funded in respect of employee rights upon retirement, net738(11)
Changes in operating asset and liability items:   
Decrease (increase) in prepaid expenses(100)2836
Decrease (increase) in trade receivables(926)508337
Decrease (increase) in other receivables(50)(35)9
Decrease in inventory on consignment269829722
Increase in inventory on hand(201)(518)(758)
Increase (decrease) in trade payables(541)(231)196
Decrease in deferred revenues(398)(1,783)(1,577)
Increase (decrease) in other payable and advance payment from customers740(287)(91)
Net cash used in operating activities(3,851)(2,154)(2,710)
CASH FLOWS FROM INVESTING ACTIVITIES:   
Decrease in restricted cash2105252
Purchase of property, plant and equipment(98)(64)(81)
Proceeds from sale of property, plant and equipment29  
Amounts funded in respect of employee rights upon retirement(21)(41)(17)
Net cash provided by (used in) investing activities120(53)(46)
CASH FLOWS FROM FINANCING ACTIVITIES:   
Proceeds from issuance of shares and warrants, net of issuance costs of $1,014 and $25 in the nine months ended September 30, 2011 and 2010, respectively and $78 in the year ended December 31, 201010,564[1]1,7892,245
Exercise of options1,500  
Repayment of convertible loan(1,000)  
Repayment of long term loan(281)(188)(281)
Proceeds from convertible loan at fair value through profit or loss, net of $60 issuance costs0[2]1,0731,073
Repayment of loans from shareholders(20)  
Net cash provided by financing activities10,7632,6743,037
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS(183)13(21)
INCREASE IN CASH AND CASH EQUIVALENTS6,849480260
BALANCE OF CASH AND CASH EQUIVALENTS AT BEGINNING OF THE PERIOD636376376
BALANCE OF CASH AND CASH EQUIVALENTS AT END OF THE PERIOD$ 7,485$ 856$ 636
[1]During the 9 month period ended September 30, 2011, a convertible loan in the amount of $668,000 was converted into Company shares.
[2]During the 9 month period ended September 30, 2011, 93,785 shares were issued with relation to service provided.