|
CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified
|
Sep. 30, 2013
|
Dec. 31, 2012
|
| ASSETS |
|
|
| Cash and cash equivalents |
$ 329 |
$ 1,317 |
| Short-term deposit |
4,786 |
2,769 |
| Account receivable |
502 |
742 |
| Prepaid expenses |
55 |
46 |
| Total current assets |
5,672 |
4,874 |
| Long-Term Assets: |
|
|
| Prepaid expenses |
28 |
17 |
| Severance pay fund |
245 |
172 |
| Total long-term assets |
273 |
189 |
| Property and Equipment, Net |
267 |
247 |
| Total assets |
6,212 |
5,310 |
| LIABILITIES AND STOCKHOLDERS' EQUITY |
|
|
| Trade payables |
446 |
358 |
| Accrued expenses |
710 |
605 |
| Other accounts payable |
230 |
176 |
| Total current liabilities |
1,386 |
1,139 |
| Accrued Severance Pay |
291 |
189 |
| Total liabilities |
1,677 |
1,328 |
| Stockholders' Equity: |
|
|
| Stock capital: (Note 6) Common stock of $0.00005 par value - Authorized: 800,000,000 shares at September 30, 2013 and December 31, 2012; Issued and outstanding: 176,243,587 and 150,085,035 shares at September 30, 2013 and December 31, 2012 respectively. |
8 |
7 |
| Additional paid-in-capital |
55,717 |
51,483 |
| Deficit accumulated during the development stage |
(51,190) |
(47,508) |
| Total stockholders' equity |
4,535 |
3,982 |
| Total liabilities and stockholders' equity |
$ 6,212 |
$ 5,310 |