Note 7 - Share Capital

6 Months Ended

Jun. 30, 2014

Stockholders' Equity Note [Abstract]

Stockholders' Equity Note Disclosure [Text Block]

7. Share capital

In the first six months of 2014, the Company issued 254,700 restricted shares, as discussed in note 6. In addition, during the first six months of 2014, 44,992 ordinary shares were issued upon the exercise of options, and 18,830 ordinary shares were issued upon the exercise of warrants, of which 15,148 were issued in the second quarter of 2014. As of June 30, 2014, there were 40,103,528 ordinary shares authorized and 17,573,789 ordinary shares issued and outstanding.