XML 21 R3.htm IDEA: XBRL DOCUMENT v3.2.0.727
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract]        
REVENUES $ 3,782 $ 2,425 $ 8,174 $ 9,121
COMPANY'S SHARE IN COLLABORATION AGREEMENT 834 261 1,539 948
COST OF REVENUES (2,039) (1,605) (4,439) (5,678)
GROSS PROFIT 2,577 1,081 5,274 4,391
RESEARCH AND DEVELOPMENT EXPENSES (6,471) (7,076) (13,233) (15,228)
Less - grants and reimbursements 1,514 2,114 2,649 4,199
RESEARCH AND DEVELOPMENT EXPENSES, NET (4,957) (4,962) (10,584) (11,029)
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES (2,092) (1,566) (4,005) (5,277)
OPERATING LOSS (4,472) (5,447) (9,315) (11,915)
FINANCIAL EXPENSES (642) (874) (1,799) (1,789)
FINANCIAL INCOME 43 202 71 240
FINANCIAL EXPENSES - NET (599) (672) (1,728) (1,549)
NET LOSS FOR THE PERIOD $ (5,071) $ (6,119) $ (11,043) $ (13,464)
NET LOSS PER SHARE OF COMMON STOCK        
NET LOSS PER SHARE OF COMMON STOCK - BASIC AND DILUTED: $ (0.05) $ (0.07) $ (0.12) $ (0.15)
WEIGHTED AVERAGE NUMBER OF SHARES OF COMMON STOCK USED IN COMPUTING LOSS PER SHARE - BASIC AND DILUTED:        
WEIGHTED AVERAGE NUMBER OF SHARES OF COMMON STOCK USED IN COMPUTING LOSS PER SHARE - BASIC AND DILUTED: 93,635,213 92,820,897 93,418,666 92,754,640