FAIR VALUE MEASUREMENT (Tables)

9 Months Ended

Sep. 30, 2016

FAIR VALUE MEASUREMENT

Schedule of financial assets and liabilities measured at fair value on recurring basis

	September 30, 2016
	Unaudited
Description	Fair value			Level 1		Level 2		Level 3
Warrants to purchase Ordinary Shares	$	(11,076	)	$	—	$	—	$	(11,076	)
MMFs	$	15,440		$	15,440	—		—
RRAs	$	13,000		—		$	13,000	—
	$	17,364		$	15,440	$	13,000	$	(11,076	)

	December 31, 2015
Description	Fair value		Level 1		Level 2		Level 3
RRAs	$	31,000	$	—	$	31,000	$	—
	$	31,000	$	—	$	31,000	$	—

Tabular presentation of components of liability associated with warrants to purchase Ordinary Shares

	Fair value of warrants to purchase Ordinary Shares
Balance at January 1, 2016	$	—
Fair value of warrants issued to investors (see Note 1e)	9,569
Revaluation of fair value of warrants to purchase Ordinary Shares (see Note 7)	1,507
Balance at September 30, 2016 (unaudited)	$	11,076