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STOCKHOLDERS' EQUITY (Tables)

3 Months Ended

Sep. 30, 2013

Stockholders Equity Note [Line Items]

A summary of the Company's share option activity for options granted to employees and directors under the Plans is as follows:

	Three months ended September 30, 2013 (Unaudited)
	Number			Weighted Average Exercise Price		Weighted Average Remaining Contractual Terms (in years)		Aggregate Intrinsic Value Price
Options outstanding at beginning of period		1,958,156		$	4.01
Options forfeited		(50,000	)	$	15.31
Options outstanding at end of the period		1,908,156		$	3.73		3.82	$	1,195
Options exercisable at the end of the period		1,908,156		$	3.73		3.82	$	1,195
Options vested		1,908,156		$	3.73		3.82	$	1,195

Schedule of Options and Warrants

A summary of the Company's activity related to options and warrants to consultants is as follows:

	Three months ended September 30, 2013 (Unaudited)
	Number			Weighted Average Exercise Price		Weighted Average Remaining Contractual Terms (in years)		Aggregate Intrinsic Value Price
Options and warrants outstanding at beginning of period		315,500		$	4.40
Options and warrants exercised		(15,000	)		1.91
Options and warrants outstanding at end of the period		300,500		$	4.56		3.97	$	463

Options and warrants exercisable at the end of the period		299,000		$	4.59		3.95	$	458

Options and warrants vested and expected to vest		300,500		$	4.56		3.97	$	463

Schedule of Stock-based Compensation Expenses Recognized

Compensation expenses related to options and warrants granted to consultants were recorded as follows:

	Three months ended September 30,
	2013		2012
	Unaudited
Research and development expenses	$	-	$	-
General and administrative expenses		2		18
	$	2	$	18

Restricted Stock and Restricted Stock Units [Member]

Stockholders Equity Note [Line Items]

Schedule of Unvested Restricted Stock Units, Employees and Directors

The following table summarizes the activities for unvested restricted stock units granted to employees and directors for the three months ended September 30, 2013 (Unaudited):

	Number
Unvested at the beginning of period		1,660,525
Granted		-
Forfeited		(20,873	)
Vested		(202,189	)
Unvested at the end of the period		1,437,463
Expected to vest after September 30, 2013		1,420,189

Schedule of Stock-based Compensation Expenses Recognized

Compensation expenses related to restricted stock units granted to employees and directors were recorded as follows:

	Three months ended September 30,
	2013		2012
	Unaudited
Research and development expenses	$	126	$	317
General and administrative expenses		1,048		608
	$	1,174	$	925

Consultant Restricted Stock Units And Restricted Stock [Member]

Stockholders Equity Note [Line Items]

Schedule of Stock-based Compensation Expenses Recognized

Compensation expenses related to restricted stock units granted to consultants were recorded as follows:

	Three months ended September 30,
	2013		2012
	Unaudited
Research and development expenses	$	-	$	120
General and administrative expenses		-		273
	$	-	$	393

- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

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