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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
 9 Months Ended 120 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Cash flows from operating activities:      
Loss for the period $ (2,072,967) $ (1,765,629) $ (14,590,486)
Adjustments to reconcile loss for the period to net cash used in operating activities:      
Increase in deferred issuance costs (53,134)    (53,134)
Depreciation 18,770 16,687 151,256
Increase (decrease) in liability for employee rights upon retirement (17,552) 34,754 206,150
Stock-based compensation 299,262 283,554 1,530,165
Stock-based interest compensation to convertible notes holders       1,214,943
Change in the fair value of warrants with down-round protection (35,892)    (35,892)
Linkage difference on principal of loans from stockholders 12,706 27,502 189,755
Interest on convertible notes       78,192
Gain on sale of property and equipment       (912)
Gain from trading marketable securities       (12,920)
Changes in assets and liabilities:      
Decrease (increase) in other current assets 12,962 17,885 (70,561)
Increase in accounts payable 53,005 109,968 126,146
Increase (decrease) in other current liabilities 38,375 (62,131) 245,762
Net cash used in operating activities (1,744,465) (1,337,410) (11,021,536)
Cash flows from investment activities:      
Increase in funds in respect of employee rights upon retirement (6,367) (16,080) (109,171)
Purchase of property and equipment (6,969) (53,388) (215,742)
Proceeds from sale of property and equipment       4,791
Investment in marketable securities       (388,732)
Proceeds from sale of marketable securities       406,995
Short-term loan granted to related party, net of repayments       (14,252)
Net cash used in investment activities (13,336) (69,468) (316,111)
Cash flows from financing activities      
Credit from banking institutions (repayment) 50,980 (18,943) 44,762
Proceeds from issuance of convertible notes       1,144,000
Repayment of convertible notes       (527,396)
Proceeds from issuance of Common Stock, net of issuance expenses    2,401,214 10,406,380
Proceeds from stockholders loans       347,742
Net cash provided by financing activities 50,980 2,382,271 11,415,488
Effect of exchange rate changes on cash and cash equivalents (7,293) 6,528 104,549
Increase (decrease) in cash and cash equivalents (1,714,114) 981,921 182,390
Cash and cash equivalents at beginning of the period 1,896,504 1,494,248  
Cash and cash equivalents at end of the period $ 182,390 $ 2,476,169 $ 182,390