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FINANCING (INCOME) EXPENSES, NET (Details) (USD $) | 3 Months Ended | 9 Months Ended | 156 Months Ended
--- | --- | --- | ---
Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014
FINANCING (INCOME) EXPENSES, NET [Abstract] |  |  |  |  |
Israeli CPI linkage difference on principal of loans from stockholders | $ 2,024 | $ 3,336 | $ 666 | $ 14,903 | $ 201,946
Exchange rate differences |  | 30,525 | (3,724) | 92,025 | 343,135
Warrants with down-round protection | (91,190) | (72,714) | (6,384,895) | (141,357) | (169,545)
Issuance cost allocated to warrants with down-round protection | 40,555 |  | 40,555 | 390,928 | 431,483
Stock-based interest compensation to holders of convertible notes |  |  |  |  | 1,214,943
Interest expenses on credit from banks and other | (12,509) | 11,325 | (8,243) | 16,547 | (9,764)
Interest expenses and other, related to convertible notes |  |  |  |  | 200,812
Financing expenses, net | $ (61,120) | $ (27,528) | $ (6,355,641) | $ 373,046 | $ 2,213,010

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