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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (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
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) [Abstract]          
Revenues $ 27,309    $ 27,309    $ 27,309
Research and development expenses, net 421,704 495,207 1,327,577 1,460,755 13,790,735
Selling, marketing and general and administrative expenses 436,296 232,189 1,299,935 786,259 5,355,717
Other income             (912)
Total operating expenses 858,000 727,396 2,627,512 2,247,014 19,145,540
Operating loss 830,691 727,396 2,600,203 2,247,014 19,118,231
Financing (income) expenses, net (Note 5) (61,120) (27,528) (6,355,641) 373,046 2,213,010
Income (loss) for the period (769,571) (699,868) 3,755,438 (2,620,060) (21,331,241)
Other comprehensive (income) loss:          
Foreign currency translation adjustment 27,891 37,308 11,858 56,108 64,560
Comprehensive income (loss) for the period $ (797,462) $ (737,176) $ 3,743,580 $ (2,676,168) $ (21,395,801)
Income (loss) per share (Basic) (Note 6) $ (0.16) $ (0.16) $ 0.52 $ (0.52)  
Income (loss) per share (Diluted) (Note 6) $ (0.16) $ (0.16) $ 0.52 $ (0.52)  
Common shares used in computing Basic income (loss) per share (Note 6) 5,304,100 5,299,927 5,303,721 5,341,551  
Common shares used in computing Diluted income (loss) per share (Note 6) 5,304,100 5,299,927 5,352,039 5,341,551