CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands | 9 Months Ended | 134 Months Ended |
|---|
Sep. 30, 2011 | Sep. 30, 2010 | Sep. 30, 2011 |
|---|
| Cash flows from operating activities: | | | |
| Net loss | $ 2,496 | $ 1,933 | $ 42,656 |
| Less - loss for the period from discontinued operations | 0 | 0 | (164) |
| Adjustments to reconcile net loss to net cash used in operating activities: | | | |
| Depreciation and amortization of deferred charges | 116 | 126 | 964 |
| Severance pay, net | (32) | 11 | 3 |
| Accrued interest on loans | 3 | 0 | 451 |
| Amortization of discount on short-term loans | 0 | 0 | 1,864 |
| Change in fair value of options and warrants | 0 | 0 | (795) |
| Expenses related to shares and options granted to service providers | 246 | 111 | 21,283 |
| Stock-based compensation related to options granted to employees | 786 | 254 | 6,472 |
| Decrease (increase) in accounts receivable and prepaid expensed | 79 | (26) | (407) |
| Increase (decrease) in trade payables | (148) | (70) | 632 |
| Increase (decrease) in accrued expenses and other accounts payable | (306) | 4 | 1,155 |
| Erosion of restricted cash | 0 | 0 | (6) |
| Net cash used in continuing operating activities | (1,752) | (1,523) | (10,876) |
| Net cash used in discontinued operating activities | 0 | 0 | (23) |
| Total net cash used in operating activities | (1,752) | (1,523) | (10,899) |
| Cash flows from investing activities: | | | |
| Purchase of property and equipment | (38) | (2) | (1,123) |
| Restricted cash | 0 | 0 | 6 |
| Investment in lease deposit | (8) | 0 | (9) |
| Net cash used in continuing investing activities | (46) | (2) | (1,126) |
| Net cash used in discontinued investing activities | 0 | 0 | (16) |
| Total net cash used in investing activities | (46) | (2) | (1,142) |
| Cash flows from financing activities: | | | |
| Proceeds from issuance of Common stock, net | 3,602 | 2,175 | 12,319 |
| Proceeds from loans, notes and issuance of warrants, net | 0 | 0 | 2,061 |
| Credit from bank | 0 | (5) | 0 |
| Proceeds from exercise of warrants and options | 493 | 103 | 609 |
| Repayment of short-term loans | 0 | 0 | (601) |
| Net cash provided by continuing financing activities | 4,095 | 2,273 | 14,388 |
| Net cash provided by discontinued financing activities | 0 | 0 | 43 |
| Total net cash provided by financing activities | 4,095 | 2,273 | 14,431 |
| Increase in cash and cash equivalents | 2,297 | 748 | 2,390 |
| Cash and cash equivalents at the beginning of the period | 93 | 1 | 0 |
| Cash and cash equivalents at end of the period | 2,390 | 749 | 2,390 |
| Non-cash financing activities: | | | |
| Conversion of convertible loan and convertible note to shares Conversion of trade payable to Common Stock $ 84 | 140 | 324 | |
| Conversion of other accounts payable to Common Stock | $ 24 | $ 0 | |