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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
REVENUES $ 9,199 $ 4,364 $ 3,523
COST OF REVENUES (8,398) (730) (630)
GROSS PROFIT 801 3,634 2,893
RESEARCH AND DEVELOPMENT EXPENSES (30,412) (24,889) (27,352)
Less - grants 5,804 4,864 5,128
RESEARCH AND DEVELOPMENT EXPENSES, NET (24,608) (20,025) (22,224)
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES (9,356) (7,279) (9,228)
OPERATING LOSS (33,163) (23,670) (28,559)
FINANCIAL EXPENSES (10,665) (3,735) (4,935)
FINANCIAL INCOME 589 123 196
GAIN ON EXTINGUISHMENT OF CONVERTIBLE NOTES 14,063    
FINANCIAL INCOME (EXPENSES) - NET 3,987 (3,612) (4,739)
LOSS FROM CONTINUING OPERATIONS (29,176) (27,282) (33,298)
(LOSS) INCOME FROM DISCONTINUED OPERATIONS (189) 85,319 3,355
NET INCOME (LOSS) FOR THE YEAR $ (29,365) $ 58,037 $ (29,943)
Net Income (loss) per share of common stock - basic and diluted      
Loss from continuing operations (in dollars per share) $ (0.29) $ (0.29) $ (0.36)
Income from discontinued operations (in dollars per share) (0.00) 0.90 0.04
Net (loss) income per share of common stock (in dollars per share) $ (0.29) $ 0.61 $ (0.32)
Weighted average number of shares of common stock used in computing loss per share of common stock, basic and diluted 101,387,704 94,922,390 92,891,846