|
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $) In Thousands, unless otherwise specified
|
12 Months Ended |
147 Months Ended |
|
Dec. 31, 2012
|
Dec. 31, 2011
|
Dec. 31, 2012
|
| Cash flows from operating activities: |
|
|
|
|
|
| Net loss |
$ (3,430) |
|
$ (3,918) |
$ (47,508) |
[1],[2] |
| Less - loss for the period from discontinued operations |
0 |
|
0 |
164 |
[1],[2] |
| Adjustments to reconcile net loss to net cash used in operating activities: |
|
|
|
|
|
| Depreciation and amortization of deferred charges |
157 |
|
153 |
1,158 |
[1] |
| Severance pay, net |
5 |
|
(23) |
17 |
[1] |
| Accrued interest on loans |
0 |
|
3 |
451 |
[1] |
| Amortization of discount on short-term loans |
0 |
|
0 |
1,864 |
[1] |
| Change in fair value of options and warrants |
0 |
|
0 |
(795) |
[1] |
| Expenses related to shares and options granted to service providers |
195 |
|
449 |
21,681 |
[1] |
| Stock-based compensation related to options granted to employees |
560 |
|
1,135 |
7,381 |
[1] |
| Decrease (increase) in accounts receivable and prepaid expenses |
(407) |
|
105 |
(788) |
[1] |
| Increase (decrease) in trade payables and convertible note |
114 |
|
(63) |
831 |
[1] |
| Increase (decrease) in other accounts payable and accrued expenses |
(110) |
|
(64) |
1,287 |
[1] |
| Erosion of restricted cash |
0 |
|
0 |
(6) |
[1] |
| Net cash used in continuing operating activities |
(2,916) |
|
(2,223) |
(14,263) |
[1] |
| Net cash used in discontinued operating activities |
0 |
|
0 |
(23) |
[1] |
| Total net cash used in operating activities |
(2,916) |
|
(2,223) |
(14,286) |
[1] |
| Cash flows from investing activities: |
|
|
|
|
|
| Purchase of property and equipment |
(90) |
|
(48) |
(1,223) |
[1] |
| Restricted cash |
0 |
|
0 |
6 |
[1] |
| Investment in short-term deposit |
(2,769) |
|
0 |
(2,769) |
[1] |
| Investment in lease deposit |
0 |
|
(16) |
(17) |
[1] |
| Net cash used in continuing investing activities |
(2,859) |
|
(64) |
(4,003) |
[1] |
| Net cash used in discontinued investing activities |
0 |
|
0 |
(16) |
[1] |
| Total net cash used in investing activities |
(2,859) |
|
(64) |
(4,019) |
[1] |
| Cash flows from financing activities: |
|
|
|
|
|
| Proceeds from issuance of Common stock, net |
5,023 |
|
3,602 |
17,342 |
[1] |
| Proceeds from loans, notes and issuance of warrants, net |
|
|
0 |
2,061 |
[1] |
| Credit from bank |
0 |
|
0 |
0 |
[1] |
| Proceeds from exercise of warrants and options |
146 |
|
515 |
777 |
[1] |
| Repayment of short-term loans |
0 |
|
0 |
(601) |
[1] |
| Net cash provided by continuing financing activities |
5,169 |
|
4,117 |
19,579 |
[1] |
| Net cash provided by discontinued financing activities |
0 |
|
0 |
43 |
[1] |
| Total net cash provided by financing activities |
5,169 |
|
4,117 |
19,622 |
[1] |
| Increase (decrease) in cash and cash equivalents |
(606) |
|
1,830 |
1,317 |
[1] |
| Cash and cash equivalents at the beginning of the period |
1,923 |
|
93 |
0 |
[1] |
| Cash and cash equivalents at end of the period |
1,317 |
[1] |
1,923 |
1,317 |
[1] |
| Non-cash financing activities: |
|
|
|
|
|
| Conversion of convertible loan and convertible note to shares Conversion of trade payable to Common Stock $ 84 |
0 |
|
140 |
0 |
[1] |
| Conversion of other accounts payable to Common Stock |
0 |
|
(24) |
0 |
[1] |
| Conversion of a trade payable to Common Stock |
$ 0 |
|
$ 0 |
$ 0 |
[1] |
|
|
|