|
CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified
|
Sep. 30, 2012
|
Dec. 31, 2011
|
| ASSETS |
|
|
| Cash and cash equivalents |
$ 4,783 |
$ 1,923 |
| Accounts receivable |
449 |
312 |
| Prepaid expenses |
53 |
69 |
| Total current assets |
5,285 |
2,304 |
| Long-Term Investments: |
|
|
| Prepaid expenses |
17 |
17 |
| Severance pay fund |
146 |
109 |
| Total long-term investments |
163 |
126 |
| Property And Equipment, Net |
273 |
314 |
| Total assets |
5,721 |
2,744 |
| LIABILITIES AND STOCKHOLDERS' EQUITY |
|
|
| Trade payables |
194 |
244 |
| Accrued expenses |
831 |
750 |
| Other accounts payable |
73 |
141 |
| Total current liabilities |
1,098 |
1,135 |
| Accrued Severance Pay |
164 |
121 |
| Total liabilities |
1,262 |
1,256 |
| Stockholders' Equity: |
|
|
| Stock capital: (Note 6) Common stock of $0.00005 par value - Authorized: 800,000,000 shares at September 30, 2012 and December 31, 2011; Issued and outstanding: 150,085,035 and 126,444,309 shares at September 30, 2012 and December 31, 2011 respectively. |
7 |
6 |
| Additional paid-in-capital |
51,381 |
45,560 |
| Deficit accumulated during the development stage |
(46,929) |
(44,078) |
| Total stockholders' equity |
4,459 |
1,488 |
| Total liabilities and stockholders' equity |
$ 5,721 |
$ 2,744 |