STOCK CAPITAL (Tables)
9 Months Ended
Sep. 30, 2016
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, 2016
 
 
Amount of
options
 
 
Weighted
average
exercise
price
 
 
Aggregate
intrinsic
value
 
 
 
 
$
 
 
$
 
 
 
 
 
 
 
 
 
Outstanding at beginning of period
 
 
1,002,451
 
 
 
2.6072
 
 
 
 
Granted
 
 
70,667
 
 
 
0.75
 
 
 
 
Exercised
 
 
-
 
 
 
-
 
 
 
 
Cancelled
 
 
(141,556
)
 
 
4.4294
 
 
 
 
Outstanding at end of period
 
 
931,562
 
 
 
2.1894
 
 
 
205,499
 
 
 
 
 
 
 
 
 
 
 
 
Vested and expected-to-vest at end of period
 
 
792,397
 
 
 
2.1812
 
 
 
181,283
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]
Issuance date
 
Number of
warrants
issued
 
 
Exercised
 
 
Forfeited
 
 
Outstanding
 
 
Exercise
Price
$
 
 
Warrants
exercisable
 
 
Exercisable
through
 
Nov-Dec 2004
 
 
973,390
 
 
 
959,734
 
 
 
13,656
 
 
 
-
 
 
 
0.00075 - 0.15
 
 
 
-
 
 
 
-
 
Feb-Dec 2005
 
 
203,898
 
 
 
32,011
 
 
 
171,887
 
 
 
-
 
 
 
2.25 - 37.5
 
 
 
-
 
 
 
-
 
Feb-Dec 2006
 
 
112,424
 
 
 
48,513
 
 
 
63,911
 
 
 
-
 
 
 
0.075 – 22.5
 
 
 
-
 
 
 
-
 
Mar-Nov 2007
 
 
180,220
 
 
 
-
 
 
 
66,887
 
 
 
113,333
 
 
 
2.25 - 7.05
 
 
 
113,333
 
 
 
Mar 2017 – Oct 2017
 
Nov 2008
 
 
6,667
 
 
 
-
 
 
 
-
 
 
 
6,667
 
 
 
2.25
 
 
 
6,667
 
 
 
Sep-18
 
Apr-Oct  2009
 
 
26,667
 
 
 
6,667
 
 
 
-
 
 
 
20,000
 
 
 
1.005 – 1.5
 
 
 
20,000
 
 
 
Apr 2019 – Oct 2019
 
Aug 2007- Jan 2011
 
 
2,016,667
 
 
 
-
 
 
 
-
 
 
 
2,016,667
 
 
 
3 - 4.35
 
 
 
2,016,667
 
 
 
Nov-17
 
Jan 2010
 
 
83,333
 
 
 
-
 
 
 
83,333
 
 
 
-
 
 
 
7.5
 
 
 
-
 
 
 
-
 
Feb 2010
 
 
8,333
 
 
 
8,333
 
 
 
-
 
 
 
-
 
 
 
0.15
 
 
 
-
 
 
 
-
 
Feb 2010
 
 
200,000
 
 
 
-
 
 
 
200,000
 
 
 
-
 
 
 
7.5
 
 
 
-
 
 
 
-
 
Feb 2010
 
 
100,000
 
 
 
100,000
 
 
 
-
 
 
 
-
 
 
 
0.015
 
 
 
-
 
 
 
-
 
Feb 2011
 
 
42,735
 
 
 
-
 
 
 
42,735
 
 
 
-
 
 
 
5.85
 
 
 
-
 
 
 
-
 
Feb 2011
 
 
427,167
 
 
 
63,122
 
 
 
364,044
 
 
 
-
 
 
 
4.2
 
 
 
-
 
 
 
-
 
Feb 2011
 
 
854,333
 
 
 
-
 
 
 
854,333
 
 
 
-
 
 
 
7.5
 
 
 
-
 
 
 
-
 
Jul 2012
 
 
32,931
 
 
 
-
 
 
 
32,931
 
 
 
-
 
 
 
5.22
 
 
 
-
 
 
 
-
 
Jul 2012
 
 
990,949
 
 
 
687,037
 
 
 
303,911
 
 
 
-
 
 
 
4.35
 
 
 
-
 
 
 
-
 
Feb 2013
 
 
55,556
 
 
 
-
 
 
 
55,556
 
 
 
-
 
 
 
7.5
 
 
 
-
 
 
 
-
 
April 2010-2014
 
 
12,889
 
 
 
8,889
 
 
 
4,000
 
 
 
-
 
 
 
0.00075
 
 
 
-
 
 
 
-
 
Aug 2013
 
 
1,147,471
 
 
 
-
 
 
 
1,147,471
 
 
 
-
 
 
 
3.75
 
 
 
-
 
 
 
-
 
Aug 2013
 
 
29,000
 
 
 
29,000
 
 
 
-
 
 
 
-
 
 
 
0.525
 
 
 
-
 
 
 
-
 
Jun 2014
 
 
2,800,000
 
 
 
2,546,667
 
 
 
-
 
 
 
253,333
 
 
 
5.22
 
 
 
253,333
 
 
 
Jun-17
 
Jun 2014
 
 
84,000
 
 
 
-
 
 
 
-
 
 
 
84,000
 
 
 
4.5
 
 
 
84,000
 
 
 
Jun-17
 
Jan 2015
 
 
3,858,201
 
 
 
-
 
 
 
-
 
 
 
3,858,201
 
 
 
6.5
 
 
 
3,858,201
 
 
 
Jun-18
 
 
 
 
14,246,831
 
 
 
4,489,973
 
 
 
3,404,655
 
 
 
6,352,201
 
 
 
 
 
 
 
6,352,201
 
 
 
Schedule Stock Awards Activity Related To Service Providers [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: 
 
 
 
Nine months ended
 
 
Three months ended
 
 
September 30,
 
 
September 30,
 
 
2016
 
 
2015
 
 
2016
 
 
2015
 
 
Unaudited
 
 
Unaudited
 
 
 
 
 
 
 
 
 
 
 
 
Research and development
 
 
6
 
 
 
19
 
 
 
1
 
 
 
4
General and administrative
 
 
661
 
 
 
936
 
 
 
170
 
 
 
283
Total stock-based compensation expense
 
 
667
 
 
 
955
 
 
 
171
 
 
 
287