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Consolidated Balance Sheets (USD $)
Mar. 31, 2014
Dec. 31, 2013
Current Assets    
Cash and cash equivalents $ 1,617,121 $ 2,385,911
Other current assets 88,488 93,052
Total current assets 1,705,609 2,478,963
Property and Equipment, Net 107,477 107,209
Funds in Respect of Employee Rights Upon Retirement 169,252 170,033
Total assets 1,982,338 2,756,205
Current Liabilities    
Credit from banking institutions 23,838   
Accounts payable 135,561 49,787
Other current liabilities 346,520 261,120
Total current liabilities 505,919 310,907
Long-Term Liabilities    
Long-term loans from stockholders 685,186 693,092
Liability for employee rights upon retirement 234,991 236,074
Warrants with down-round protection 8,070,835 8,216,705
Total long-term liabilities 8,991,012 9,145,871
Total liabilities 9,496,931 9,456,778
Commitments and Contingent Liabilities      
Temporary Equity    
Convertible Preferred Stock of $ 0.001 par value ("Preferred Stock"): 10,000,000 shares authorized as of March 31, 2014 and December 31, 2013, respectively; issued and outstanding 7,407 shares as of March 31, 2014 and 7,417 shares as of December 31, 2013 4,356,657 4,362,545
Stockholders' Deficit    
Common Stock of $ 0.001 par value ("Common Stock"): 40,000,000 shares authorized as of March 31, 2014 and December 31, 2013; issued and outstanding 5,304,072 shares and 5,301,693 shares as of March 31, 2014 and December 31, 2013, respectively 5,305 5,302
Additional paid in capital 14,552,654 14,532,068
Accumulated other comprehensive income 53,574 52,702
Deficit accumulated during the development stage (26,482,783) (25,653,190)
Total stockholders' deficit (11,871,250) (11,063,118)
Total liabilities, temporary equity and stockholders' deficit $ 1,982,338 $ 2,756,205