1. INTERIM FINANCIAL STATEMENTS (Details 1) $ / shares in Units, $ in Thousands	9 Months Ended
Sep. 30, 2015 USD ($) $ / shares shares
Interim Financial Statements Details
Outstanding on December 31, 2014	3,150,110
Granted	525,000
Exercised	0
Forfeited	(18,000)
Outstanding on September 30, 2015	3,657,110
Weighted average exercise price of outstanding options \| $ / shares	$ 0.21
Aggregate Intrinsic Value \| $	$ 299
Shares available for future grants on September 30, 2015	844,090
Weighted average of remaining contractual life	4 years 9 months 11 days

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- Definition

The difference between the maximum number of shares (or other type of equity) authorized for issuance under the plan (including the effects of amendments and adjustments), and the sum of: 1) the number of shares (or other type of equity) already issued upon exercise of options or other equity-based awards under the plan; and 2) shares (or other type of equity) reserved for issuance on granting of outstanding awards, net of cancellations and forfeitures, if applicable.

+ References

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-Publisher FASB

-Name Accounting Standards Codification

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The number of shares under options that were cancelled during the reporting period as a result of occurrence of a terminating event specified in contractual agreements pertaining to the stock option plan.

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Net number of share options (or share units) granted during the period.

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Gross number of share options (or share units) granted during the period.

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Change in the weighted average exercise price of options outstanding.

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Amount of difference between fair value of the underlying shares reserved for issuance and exercise price of vested portions of options outstanding and currently exercisable.

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Weighted average remaining contractual term of outstanding stock options, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.

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Number of share options (or share units) exercised during the current period.

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