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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (9,090) $ (13,530)
Adjustments required to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 135 122
Impairment of royalties buyout 316  
Change in liability for employees right upon retirement 11 135
Financial expenses 146 150
Share-based compensation expenses 1,999 2,099
Loss on amounts funded in respect of employee rights upon retirement, net 4 6
Changes in operating asset and liability items:    
Decrease (increase) in prepaid expenses 110 (44)
Decrease (increase) in trade receivables (93) 1,362
Decrease (increase) in other receivables 166 (33)
Decrease in inventory 695 79
Decrease in trade payables (418) (94)
Increase (decrease) in other payables and advance payment from customers (1,026) 1,394
Net cash used in operating activities (7,045) (8,354)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property, plant and equipment (1) (93)
Decrease in restricted cash   93
Amounts funded in respect of employee rights upon retirement, net (1) (65)
Net cash used in investing activities (2) (65)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Taxes withheld in respect of share issuance (84) (115)
Proceeds from issuance of shares and warrants, net of $1,315 issuance costs 12,432  
Repayment of long-term loan (1,803)  
Net cash provided by (used in) financing activities 10,545 (115)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS (30) (13)
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 3,468 (8,547)
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 $ 9,768 $ 8,988