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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
 6 Months Ended 141 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Cash flows from operating activities:      
Loss for the period $ (1,920,192) $ (1,372,411) $ (17,210,018)
Adjustments to reconcile loss for the period to net cash used in operating activities:      
Depreciation 14,724 12,741 172,757
Increase (decrease) in liability for employee rights upon retirement 108 (5,945) 206,573
Stock-based compensation 12,472 197,237 1,592,897
Stock-based interest compensation to convertible notes holders       1,214,943
Issuance costs allocated to warrants with "down-round" protection 390,928    390,928
Changes in the fair value of warrants with round down protection (68,643) (43,051) (104,535)
Linkage difference on principal of loans from stockholders 11,567 5,869 198,465
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 6,526 (8,121) (62,892)
Increase in accounts payable 49,577 67,012 171,569
Increase in other current liabilities (19,194) 22,694 268,766
Net cash used in operating activities (1,522,127) (1,123,975) (13,096,187)
Cash flows from investment activities:      
Decrease (increase) in funds in respect of employee rights upon retirement (42,313) (6,470) (151,505)
Purchase of property and equipment (33,963) (3,516) (254,083)
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 (76,276) (9,986) (396,786)
Cash flows from financing activities      
Credit from banking institutions (repayment) (38,140)    (8,010)
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       11,323,559
Dividend to Preferred stockholders (15,750)    (15,750)
Proceeds allocated to convertible Preferred Stock, net of issuance expenses 3,960,958    3,960,958
Proceeds allocated to warrants with "down-round" protection, net of issuance expenses 1,421,983    1,421,983
Proceeds from stockholders loans       347,742
Net cash provided by financing activities 5,329,051    17,647,086
Effect of exchange rate changes on cash and cash equivalents 47,215 (4,176) 167,161
Increase (decrease) in cash and cash equivalents 3,777,863 (1,138,137) 4,321,274
Cash and cash equivalents at beginning of the period 543,411 1,896,504   
Cash and cash equivalents at end of the period $ 4,321,274 $ 758,367 $ 4,321,274