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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
6 Months Ended
Dec. 31, 2012
Dec. 31, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (8,485) $ (6,485)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 276 199
Stock-based compensation to employees, directors and non-employees consultants 1,684 1,904
Stock compensation to investor relations consultants 278   
Increase in other accounts receivable (808) (1,960)
Decrease (increase) in prepaid expenses (577) 97
Decrease (increase) in trade payables 2,179 (1)
Increase (decrease) in other accounts payable and accrued expenses (48) 112
Increase (decrease) in deferred revenues (389) 4,615
Increase (decrease) in advance payment from United Therapeutics (977) 1,926
Linkage differences and Increase (decrease) interest on short and long-term deposit and restricted lease deposit (102) (213)
Accretion of discount, amortization of premium and changes in accrued interest from marketable securities 53 (33)
Loss from sale of investments of available for sale marketable securities 23   
Accrued severance pay, net 3 13
Net cash used in (provided by) operating activities (6,890) 174
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (3,338) (996)
Investment in short-term deposits (10,646) (30,273)
Investment (repayment) in long-term deposits 521 (1,011)
Repayment of long-term restricted deposit 9 2
Proceeds from sale and redemption of available for sale marketable securities 763 50
Investment in available for sale marketable securities (2,204) (4,503)
Net cash used in investing activities (14,895) (36,731)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Issuance of common stock and warrants, net of issuance costs 34,106   
Exercise of warrants and options 1,838 400
Net cash provided by financing activities 35,944 400
Increase (decrease) in cash and cash equivalents 14,159 (36,157)
Cash and cash equivalents at the beginning of the period 9,389 42,829
Cash and cash equivalents at the end of the period 23,548 6,672
(a) Supplemental disclosure of cash flow activities:    
Taxes paid due to non-deductible expenses 3 10
(b) Supplemental disclosure of non-cash activities:    
Purchase of property and equipment on credit 588 121
Stock based compensation to contractor $ 1,400 $ 1,245