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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
Mar. 31, 2012
Dec. 31, 2011
Mar. 31, 2011
Current Assets      
Cash and cash equivalents $ 1,416,125 $ 1,896,504 $ 1,659,662
Other current assets 64,890 92,817 58,107
Total current assets 1,481,015 1,989,321 1,717,769
Property and Equipment, Net 80,376 82,868 59,271
Funds in Respect of Employee Rights Upon Retirement 127,378 110,310 144,754
Total assets 1,688,769 2,182,499 1,921,794
Current Liabilities      
Credit from banking institutions       29,890
Accounts payable 101,946 71,763 76,221
Other current liabilities 222,054 211,278 239,298
Total current liabilities 324,000 283,041 345,409
Long-Term Loans from Stockholders 625,837 606,144 623,155
Liability for Employee Rights Upon Retirement 257,329 241,176 278,652
Warrants with Down-Round Protection 65,360 83,899   
Total liabilities 1,272,526 1,214,260 1,247,216
Stockholders' Equity      
Common Stock of US$ 0.001 par value ('Common Stock'): 40,000,000 shares authorized as of March 31, 2012 and December 31, 2011; 5,295,543 shares issued and outstanding as of March 31, 2012 and December 31, 2011 5,296 5,296 4,952
Additional paid in capital 13,552,346 13,457,828 11,420,704
Accumulated other comprehensive income (loss) 11,073 22,634 (57,633)
Deficit accumulated during development stage (13,152,472) (12,517,519) (10,693,445)
Total stockholders' equity 416,243 968,239 674,578
Total liabilities and stockholders' equity $ 1,688,769 $ 2,182,499 $ 1,921,794