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CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)
5 Months Ended 6 Months Ended 12 Months Ended 17 Months Ended 23 Months Ended
Dec. 31, 2011
Jun. 30, 2013
Jun. 30, 2012
Dec. 31, 2012
Dec. 31, 2012
Jun. 30, 2013
Cash flows from operating activities:            
Net loss $ (385,349) $ (10,513,341) $ (1,438,113) $ (5,686,573) $ (6,071,922) $ (16,585,263)
Adjustments required to reconcile net loss to net cash used in operating activities:            
Stock-based compensation, warrants and restricted shares 0 2,862,240 398,781 1,001,642 1,001,642 3,863,882
Issuance cost related to warrants to investors and service provider 156,847 0 101,263 101,263 258,110 258,110
Depreciation 504 313,702 3,681 24,317 24,821 338,523
Decrease (increase) in other accounts receivable and prepaid expenses (12,358) (207,910) 1,255 (391,747) (404,105) (612,013)
Increase in trade payables 32,578 371,114 100,078 133,950 166,528 621,466
Increase in other accounts payable and accrued expenses 88,313 349,886 64,228 228,090 316,403 666,288
Revaluation of warrants (15,867) 3,799,977 (26,440) 1,606,378 1,590,511 5,390,488
Loss from disposal of fixed assets   2,878 0     2,878
Net cash used in operating activities (135,332) (3,021,454) (795,267) (2,982,680) (3,118,012) (6,055,641)
Cash flows from investing activities:            
Investment in short-term bank deposits (13,437) (105,028) 0 (19,851) (33,288) (138,316)
Proceeds of maturities of short-term bank deposit 0 13,843 0 12,762 12,762 26,604
Investment in lease deposits (20,616) (91,726) 0 (9,386) (30,002) (121,728)
Purchase of property and equipment (23,727) (1,146,480) (22,082) (534,634) (558,361) (1,788,665)
Investment in restricted cash 0 0 0 (13,422) (13,422) (13,422)
Net cash used in investing activities (57,780) (1,329,391) (22,082) (564,531) (622,311) (2,035,527)
Cash flows from financing activities:            
Proceeds from issuance of Common Stocks and warrants, net of issuance cost 1,101,877 9,951,080 915,845 3,868,480 4,970,357 14,921,437
Proceeds from exercise of options and warrants   195,013 0     195,013
Net cash provided by financing activities 1,101,877 10,146,093 915,845 3,868,480 4,970,357 15,116,450
Increase in cash and cash equivalents 908,765 5,795,248 98,496 (321,269) 1,230,034 7,025,282
Cash and cash equivalents at beginning of period 0 1,230,034 908,765 908,765 0 0
Cash and cash equivalents at end of period 908,765 7,025,282 1,007,259 1,230,034 1,230,034 7,025,282
Non-cash investing and financing and activities:            
Receivable on account of shares   30,852 0     30,852
Purchase of property and equipment 0 39,162 0 83,824 83,824 39,162
Conversion of liability related to warrants to common stock   $ 385,165 $ 0     $ 385,165