|
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $) In Thousands, unless otherwise specified
|
3 Months Ended |
162 Months Ended |
|
Mar. 31, 2014
|
Mar. 31, 2013
|
Mar. 31, 2014
|
| Cash flows from operating activities: |
|
|
|
|
|
| Net loss |
$ (2,111) |
|
$ (1,082) |
$ (54,518) |
[1] |
| Less - loss for the period from discontinued operations |
0 |
|
0 |
164 |
[1] |
| Adjustments to reconcile net loss to net cash used in operating activities: |
|
|
|
|
|
| Depreciation and amortization of deferred charges |
25 |
|
33 |
1,280 |
[1] |
| Accrued interest on loans |
0 |
|
0 |
451 |
[1] |
| Amortization of discount on short-term loans |
0 |
|
0 |
1,864 |
[1] |
| Change in fair value of options and warrants |
|
|
0 |
(795) |
[1] |
| Expenses related to shares and options granted to service providers |
110 |
|
128 |
22,018 |
[1] |
| Amortization of deferred stock-based compensation related to options granted to employees |
122 |
|
203 |
8,177 |
[1] |
| Decrease (increase) in accounts receivable and prepaid expenses |
117 |
|
128 |
(826) |
[1] |
| Increase (decrease) in trade payables and convertible note |
98 |
|
(112) |
799 |
[1] |
| Increase in other accounts payable and accrued expenses |
177 |
|
32 |
1,787 |
[1] |
| Revaluation of warrants |
1,071 |
|
0 |
897 |
[1] |
| Erosion of restricted cash |
0 |
|
0 |
(6) |
[1] |
| Net cash used in continuing operating activities |
(391) |
|
(670) |
(18,708) |
[1] |
| Net cash used in discontinued operating activities |
0 |
|
0 |
(23) |
[1] |
| Total net cash used in operating activities |
(391) |
|
(670) |
(18,731) |
[1] |
| Cash flows from investing activities: |
|
|
|
|
|
| Purchase of property and equipment |
(94) |
|
(20) |
(1,425) |
[1] |
| Restricted cash |
0 |
|
0 |
6 |
[1] |
| Changes in short-term deposit |
0 |
|
997 |
0 |
[1] |
| Investment in lease deposit |
9 |
|
(6) |
(13) |
[1] |
| Net cash (used in) provided by continuing investing activities |
(85) |
|
971 |
(1,432) |
[1] |
| Net cash used in discontinued investing activities |
0 |
|
0 |
(16) |
[1] |
| Total net cash (used in) provided by investing activities |
(85) |
|
971 |
(1,448) |
[1] |
| Cash flows from financing activities: |
|
|
|
|
|
| Proceeds from issuance of Common stock, net |
0 |
|
250 |
20,918 |
[1] |
| Proceeds from loans, notes and issuance of warrants, net |
0 |
|
0 |
2,061 |
[1] |
| Proceeds from exercise of warrants and options |
0 |
|
0 |
785 |
[1] |
| Repayment of short-term loans |
0 |
|
0 |
(601) |
[1] |
| Net cash provided by continuing financing activities |
0 |
|
250 |
23,163 |
[1] |
| Net cash provided by discontinued financing activities |
0 |
|
0 |
43 |
[1] |
| Total net cash provided by financing activities |
0 |
|
250 |
23,206 |
[1] |
| Increase (decrease) in cash and cash equivalents |
(476) |
|
551 |
3,027 |
[1] |
| Cash and cash equivalents at the beginning of the period |
3,503 |
|
1,317 |
0 |
[1] |
| Cash and cash equivalents at end of the period |
$ 3,027 |
[1] |
$ 1,868 |
$ 3,027 |
[1] |
|
|
|