|
CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified
|
Mar. 31, 2013
|
Dec. 31, 2012
|
| ASSETS |
|
|
|
| Cash and cash equivalents |
$ 1,868 |
[1] |
$ 1,317 |
| Short-term deposit |
1,772 |
|
2,769 |
| Account receivable |
617 |
|
742 |
| Prepaid expenses |
43 |
|
46 |
| Total current assets |
4,300 |
|
4,874 |
| Long-Term Assets: |
|
|
|
| Prepaid expenses |
23 |
|
17 |
| Severance payment fund |
195 |
|
172 |
| Total long-term investments |
218 |
|
189 |
| Property and Equipment, Net |
234 |
|
247 |
| Total assets |
4,752 |
|
5,310 |
| LIABILITIES AND STOCKHOLDERS' EQUITY |
|
|
|
| Trade payables |
246 |
|
358 |
| Accrued expenses |
656 |
|
605 |
| Other accounts payable |
159 |
|
176 |
| Total current liabilities |
1,061 |
|
1,139 |
| Accrued Severance Pay |
210 |
|
189 |
| Total liabilities |
1,271 |
|
1,328 |
| Stockholders' Equity: |
|
|
|
| Stock capital: (Note 6) Common stock of $0.00005 par value - Authorized: 800,000,000 shares at March 31, 2013 and December 31, 2012; Issued and outstanding: 151,854,176 and 150,085,035 shares at March 31, 2013 and December 31, 2012 respectively. |
7 |
|
7 |
| Additional paid-in-capital |
52,064 |
|
51,483 |
| Deficit accumulated during the development stage |
(48,590) |
|
(47,508) |
| Total stockholders' equity |
3,481 |
|
3,982 |
| Total liabilities and stockholders' equity |
$ 4,752 |
|
$ 5,310 |
|
|
|