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SHARE CAPITAL AND STOCK OPTIONS (Tables)
12 Months Ended
Jun. 30, 2012
Stockholders Equity Note [Line Items]  
Schedule of Stock Option Activity
   
Year ended June 30, 2012
 
   
Number
   
Weighted Average Exercise Price
   
Weighted Average Remaining Contractual Terms (in years)
   
Aggregate Intrinsic Value Price
 
Options outstanding at beginning of period
    2,200,616     $ 3.84              
Options exercised
    (19,800 )     0.66              
Options forfeited
    (98,644 )     3.95              
Options outstanding at end of the period
    2,082,172     $ 3.87       4.87     $ 928  
Options exercisable at the end of the period
    2,082,172     $ 3.87       4.87     $ 928  
Options vested
    2,082,172     $ 3.87       4.87     $ 928  
Schedule of Options and Warrants
Warrants / Options
 
Exercise Price per Share
   
Options and Warrants for Common Stock
   
Options and Warrants Exercisable
   
Weighted Average Remaining Contractual Terms(in years)
 
Warrants:
  $ 1.00       2,002,245       2,002,245       1.41  
    $ 1.20       6,250       6,250       0.30  
    $ 1.25 - 1.28       687,072       687,072       0.51  
    $ 1.40 - $ 1.50       1,768,040       1,768,040       2.33  
    $ 1.60       181,221       181,221       2.78  
    $ 1.80 - $ 1.91       3,538,240       3,538,240       2.00  
    $ 2.50       12,900       12,900       0.47  
    $ 4.20       5,060,000       5,060,000       4.09  
    $ 5.00       495,000       495,000       0.43  
Total warrants
            13,750,968       13,750,968          
                                 
Options:
  $ 0.00       110,000       95,000       7.51  
    $ 0.62       471,612       471,612       6.02  
    $ 1.04-$ 1.45       86,956       86,956       3.67  
    $ 2.97       20,000       20,000       5.86  
    $ 3.50       920,000       920,000       4.49  
    $ 3.72 - $ 3.80       31,550       31,550       4.44  
    $ 4.00       42,500       42,500       4.30  
    $ 4.38 - $ 4.40       456,804       456,804       4.93  
    $ 6.80       36,250       36,250       5.37  
    $ 8.20       40,000       40,000       3.63  
    $ 20.00       142,500       142,500       3.98  
Total options
            2,358,172       2,343,172          
                                 
Total warrants and options
      16,109,140       16,094,140          

Schedule of Unvested Restricted Stock Units, Consultants
   
Number
 
Unvested at the beginning of period
    149,998  
Granted
    53,433  
Vested
    (137,431 )
Unvested at the end of the period
    66,000  
Expected to vest after June 30, 2012
    66,000  
Schedule of Unvested Restricted Stock Units
   
Number
 
Unvested at the beginning of period
    2,138,955  
Granted
    1,861,638  
Forfeited
    (146,517 )
Vested
    (1,768,800 )
Unvested at the end of the period
    2,085,276  
Expected to vest after June 30, 2012
    2,043,133  
Schedule of Options and Warrants, Consultants

   
Year ended June 30, 2012
 
   
Number
   
Weighted Average Exercise Price
   
Weighted Average Remaining Contractual Terms (in years)
   
Aggregate Intrinsic Value Price
 
Options and warrants outstanding at beginning of period
    425,000     $ 3.65              
Options and warrants granted
    12,000       0              
Options and warrants exercised
    (55,000 )     1.37              
Options and warrants outstanding at end of the period
    382,000     $ 3.86       4.59     $ 396  
                                 
Options and warrants exercisable at the end of the period
    367,000     $ 4.02       4.40     $ 360  
                                 
Options and warrants vested
    382,000     $ 3.86       4.59     $ 396  
Options and Warrants [Member]
 
Stockholders Equity Note [Line Items]  
Schedule of Stock-based Compensation Expenses Recognized
   
Year ended June 30,
 
   
2012
   
2011
   
2010
 
Research and development expenses
  $ 19     $ 32     $ 90  
General and administrative expenses
    37       73       71  
    $ 56     $ 105     $ 161  
Plans [Member]
 
Stockholders Equity Note [Line Items]  
Schedule of Stock-based Compensation Expenses Recognized
   
Year ended June 30,
 
   
2012
   
2011
   
2010
 
Research and development expenses
  $ -     $ 2     $ 73  
General and administrative expenses
    -       2       138  
    $ -     $ 4     $ 211  
Restricted Stock and Restricted Stock Units [Member]
 
Stockholders Equity Note [Line Items]  
Schedule of Stock-based Compensation Expenses Recognized
   
Year ended June 30,
   
   
2012
   
2011
   
2010
Research and development expenses
  $ 1,163     $ 1,027     $ 582  
General and administrative expenses
    3,487       1,717       775  
    $ 4,650     $ 2,744     $ 1,357  
 
Consultant Restricted Stock Units And Restricted Stock [Member]
 
Stockholders Equity Note [Line Items]  
Schedule of Stock-based Compensation Expenses Recognized
   
Year ended June 30,
 
   
2012
   
2011
   
2010
 
Research and development expenses
  $ 201     $ 294     $
40
 
General and administrative expenses
    20       178      
50
 
    $ 221     $ 472     $
90