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SUBSEQUENT EVENTS | 12 Months Ended
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Jun. 30, 2013
SUBSEQUENT EVENTS [Abstract] |
SUBSEQUENT EVENTS | NOTE 12:-SUBSEQUENT EVENTS In August 2013, the Subsidiary, received an approval for a NIS 26,110 (approximately $7,217) grant from the OCS. Once received, the grant will be used to cover research and development expenses for the period January 1, 2013 to December 31, 2013. This grant is subject to the same repayment restrictions of royalties as the prior OCS grants (see note 8.e.). Since the approval was received after June 30, 2013 the grant is not reflected in the financial statements.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References No definition available. + Details
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