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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
CURRENT ASSETS:    
Cash and cash equivalents $ 76,374 $ 54,767
Other assets 1,667 2,202
Inventories 5,767 3,451
Assets of discontinued operation 2,073 5,100
Total current assets 85,881 65,520
FUNDS IN RESPECT OF EMPLOYEE RIGHTS UPON RETIREMENT 1,628 1,555
PROPERTY AND EQUIPMENT, NET 9,744 11,282
Total assets 97,253 78,357
Accounts payable and accruals:    
Trade 3,629 3,836
Other 5,534 6,802
Deferred revenues 504 886
Liabilities of discontinued operation 1,568 52,830
Total current liabilities 11,235 64,354
LONG TERM LIABILITIES:    
Convertible notes 67,796 67,351
Deferred revenues 744  
Liability for employee rights upon retirement 2,304 2,253
Promissory note 4,301  
Total long term liabilities 75,145 69,604
Total liabilities $ 86,380 $ 133,958
COMMITMENTS (Note 6)
SHAREHOLDERS’ EQUITY (CAPITAL DEFICIENCY):    
Common Stock, $0.001 par value: Authorized - as of December 31, 2014 and 2015, 150,000,000 shares; issued and outstanding - as of December 31, 2014 and 2015, 93,603,819 shares and 99,800,397 shares, respectively $ 100 $ 94
Additional paid-in capital 194,064 185,633
Accumulated deficit (183,291) (241,328)
Total shareholders’ equity (capital deficiency) 10,873 (55,601)
Total liabilities and shareholders’ equity (net of capital deficiency) $ 97,253 $ 78,357