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DISCONTINUED OPERATIONS (Tables) | 12 Months Ended
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Dec. 31, 2015
Discontinued Operations and Disposal Groups [Abstract] |
Schedule of Discontinued Operations | The following assets and liabilities associated with the Company’s discontinued operations, have been segregated and classified as assets and liabilities of discontinued operations, as appropriate, in the consolidated balance sheets as of December 31, 2014 and 2015, respectively (in thousands):
|  | December 31, |
|  | 2014 |  | 2015 |
CURRENT ASSETS: |  |  |  |  |  |  |
Accounts receivable - Trade |  | $ | 1,884 |  | $ | 1,993 |
Inventories* |  |  | 3,216 |  |  | 80 |
Total current assets of discontinued operation |  |  | 5,100 |  |  | 2,073 |
CURRENT LIABILITIES: |  |  |  |  |  |  |
Accounts payable and accruals: |  |  |  |  |  |  |
Trade |  | $ | 115 |  |  |  |
Other |  |  | 8,694 |  | $ | 1,568 |
Deferred revenues |  |  | 43,109 |  |  |  |
Liability in connection with collaboration operation |  |  | 912 |  |  |  |
Total current liabilities of discontinued operation |  |  | 52,830 |  |  | 1,568 |
* During the years ended December 31, 2014 and 2015, the Company recorded approximately $1.6 million and $0 million, respectively, for write-down of inventory under the cost of revenues. The following summarizes financial information related to the Company’s discontinued operations, in the Company’s consolidated statements of operations (in thousands):
|  | Year ended December 31, |
|  | 2013 |  | 2014 |  | 2015 |
REVENUES |  | $ | 10,479 |  | $ | 10,128 |  | $ | 48,674 |
COMPANY’S SHARE IN COLLABORATION AGREEMENT |  |  | 1,034 |  |  | 1,509 |  |  | 5,048 |
COST OF REVENUES |  |  | (5,428) |  |  | (8,423) |  |  | (7,697) |
GROSS PROFIT |  |  | 6,085 |  |  | 3,214 |  |  | 46,025 |
RESEARCH AND DEVELOPMENT EXPENSES |  |  | (4,088) |  |  | (2,409) |  |  | (586) |
Less –reimbursements |  |  | 5,284 |  |  | 2,983 |  |  | 545 |
RESEARCH AND DEVELOPMENT EXPENSES, NET |  |  | 1,196 |  |  | 574 |  |  | (41) |
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES |  |  | (334) |  |  | (433) |  |  | (564) |
NET INCOME FOR THE YEAR FROM DISCONTINUED OPERATIONS |  | $ | 6,947 |  | $ | 3,355 |  | $ | 45,420 |
GAIN ON THE DISPOSAL |  |  |  |  |  |  |  |  | 39,899 |
NET INCOME |  | $ | 6,947 |  | $ | 3,355 |  |  | 85,319 |

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- Definition Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=51716988&loc=SL51721533-107759 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721665-107760 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=51717284&loc=d3e1474-107760 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=51717284&loc=d3e1361-107760 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721683-107760 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=51719941&loc=SL51724579-110230 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5C -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721675-107760 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4A -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721663-107760 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=51719941&loc=d3e2941-110230 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5B -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721673-107760 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721659-107760 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5A -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721671-107760 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5D -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721677-107760 + Details
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