STOCK CAPITAL (Tables)
9 Months Ended
Sep. 30, 2013
Stockholders' Equity Note [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
A summary of the Company's option activity related to options to employees and directors, and related information is as follows:
 
 
 
For the nine months ended
 
 
 
September 30, 2013
 
 
 
 
 
Weighted
average
 
Aggregate
 
 
 
Amount of
 
exercise
 
intrinsic
 
 
 
options
 
price
 
value
 
 
 
 
 
$
 
$
 
 
 
 
 
 
 
 
 
Outstanding at beginning of period
 
4,751,665
 
0.1803
 
 
 
Granted
 
4,626,666
 
0.2656
 
 
 
Exercised
 
-
 
-
 
 
 
Cancelled
 
(4,006,667)
 
0.2898
 
 
 
 
 
 
 
 
 
 
 
Outstanding at end of period
 
5,371,664
 
0.1721
 
96,166
 
 
 
 
 
 
 
 
 
Vested and expected-to-vest at end of period
 
4,943,609
 
0.1764
 
67,341
 
Schedule Of Warrants Issued To Investors Service Providers [Table Text Block]
Warrants to investors and service providers and investors:
 
 
 
Number of
 
 
 
 
 
 
 
 
 
 
 
 
 
 
warrants
 
 
 
 
 
 
 
Exercise
 
Warrants
 
Exercisable
Issuance date
 
issued
 
Exercised
 
Forfeited
 
Outstanding
 
Price $
 
exercisable
 
through
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
November-December 2004
 
14,600,845
 
14,396,010
 
204,835
 
-
 
0.00005 - 0.01
 
-
 
-
February-December 2005
 
3,058,471
 
173,000
 
2,548,308
 
337,163
 
0.15 - 2.5
 
337,163
 
Jun - Dec 2015
February-December 2006
 
1,686,355
 
727,696
 
478,659
 
480,000
 
0.005 – 1.5
 
480,000
 
Feb - May 2016
March 2007
 
14,803,300
 
 
 
1,003,300
 
13,800,000
 
0.15 - 0.47
 
13,800,000
 
May 2015 – Oct 2017
April 2008
 
9,175,000
 
 
 
 
 
9,175,000
 
0.15 - 0.29
 
9,175,000
 
May 2015 – Sep 2018
Apr-Oct 2009
 
4,937,500
 
100,000
 
 
 
4,837,500
 
0.067 – 0.29
 
4,837,500
 
May 2015 – Oct 2019
January 2010
 
1,250,000
 
 
 
1,250,000
 
-
 
0.5
 
-
 
-
February 2010
 
125,000
 
125,000
 
 
 
-
 
0.01
 
-
 
-
February 2010
 
3,000,000
 
 
 
3,000,000
 
-
 
0.5
 
-
 
-
February 2010
 
1,500,000
 
 
 
 
 
1,500,000
 
0.001
 
1,000,000
 
Feb 2020
April 2010
 
33,334
 
 
 
 
 
33,334
 
0.00005
 
33,334
 
Apr 2020
January 2011
 
4,537,500
 
 
 
 
 
4,537,500
 
0.29
 
4,537,500
 
May 2015
February 2011
 
641,026
 
 
 
641,026
 
-
 
0.39
 
-
 
-
February 2011
 
6,407,500
 
946,834
 
5,460,666
 
-
 
0.28
 
-
 
-
February 2011
 
12,815,000
 
 
 
12,815,000
 
-
 
0.5
 
-
 
-
April 2011
 
33,334
 
 
 
 
 
33,334
 
0.01
 
33,334
 
Apr 2021
April 2012
 
33,334
 
 
 
 
 
33,334
 
0.01
 
33,334
 
Apr 2022
July 2012
 
493,966
 
 
 
 
 
493,966
 
0.348
 
493,966
 
Jul 2014
July 2012
 
232,758
 
 
 
 
 
232,758
 
0.29
 
232,758
 
Jan 2015
July 2012
 
14,864,228
 
 
 
 
 
14,864,228
 
0.29
 
14,864,228
 
Jan 2015
Feb 2013
 
833,334
 
 
 
 
 
833,334
 
0.5
 
833,334
 
Oct 2015
April 2013
 
33,334
 
 
 
 
 
33,334
 
0.00005
 
13,889
 
April 2023
August 2013
 
17,647,058
 
 
 
 
 
17,647,058
 
0.25
 
17,647,058
 
August 2016
 
 
112,742,177
 
16,468,540
 
27,401,794
 
68,871,843
 
 
 
68,352,398
 
 
Stock Based Compensation Expense [Table Text Block]
The total stock-based compensation expense, related to shares, options and warrants granted to employees, directors and service providers, was comprised, at each period, as follows:
 
 
 
 
 
 
 
 
 
 
 
Period from
 
 
 
 
 
 
 
 
 
 
 
September 22, 
 
 
 
 
 
 
 
 
 
 
 
2000 (inception 
 
 
 
Nine months ended
 
Three months ended
 
date) through
 
 
 
September 30,
 
September 30,
 
September 30,
 
 
 
2013
 
2012
 
2013
 
2012
 
2013
 
 
 
Unaudited
 
Unaudited
 
Unaudited
 
 
 
 
 
 
 
 
 
 
 
 
 
Research and development
 
101
 
44
 
7
 
19
 
17,867
 
General and administrative
 
521
 
441
 
(71)
 
145
 
11,179
 
Financial expenses, net
 
-
 
-
 
-
 
-
 
248
 
Total stock-based
    compensation expense
 
622
 
485
 
(64)
 
164
 
29,294