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STOCKHOLDERS' EQUITY (Tables) | 12 Months Ended
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Jun. 30, 2014
STOCKHOLDERS' EQUITY [Abstract] |
Schedule of Stock Option Activity | The Company accounted for its options to employees and directors under the fair value method in accordance with ASC 718. A summary of the Company's share option activity for options granted to employees and directors under the Plans is as follows:
|  | Year ended June 30, 2014 |
|  | 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 |  |  | $ | 4.03 |  |  |  |  |  |  |
Options exercised |  |  | (15,000 | ) |  | $ | 0.83 |  |  |  |  |  |  |
Options forfeited |  |  | (81,057 | ) |  | $ | 11.59 |  |  |  |  |  |  |
Options outstanding at end of the period |  |  | 1,862,099 |  |  | $ | 3.73 |  |  |  | 3.13 |  |  | $ | 1,046 |
Options exercisable at the end of the period |  |  | 1,862,099 |  |  | $ | 3.73 |  |  |  | 3.13 |  |  | $ | 1,046 |
Options vested |  |  | 1,862,099 |  |  | $ | 3.73 |  |  |  | 3.13 |  |  | $ | 1,046 |
Schedule of Stock Option and Warrant Activity |
| A summary of the Company's activity related to options and warrants to consultants is as follows:
|  | Year ended June 30, 2014 |
|  | 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 |  |  | $ | 4.44 |  |  |  |  |  |  |
Options granted |  |  | 3,000 |  |  | $ | 0.00 |  |  |  |  |  |  |
Options and warrants exercised |  |  | (66,500 | ) |  | $ | 1.39 |  |  |  |  |  |  |
Options and warrants outstanding at end of the period |  |  | 252,000 |  |  | $ | 5.19 |  |  |  | 3.96 |  |  | $ | 331 |
Options and warrants exercisable at the end of the period |  |  | 251,000 |  |  | $ | 5.21 |  |  |  | 3.93 |  |  | $ | 328 |
Options and warrants vested and expected to vest |  |  | 252,000 |  |  | $ | 5.19 |  |  |  | 3.96 |  |  | $ | 331 |
Summary of Options and Warrants Outstanding | The following table sets forth a summary of all the warrants and options outstanding as of June 30, 2014:
Warrants / Options |  | Exercise Price per Share |  |  | Options and Warrants for Common Stock |  |  | Options and Warrants Exercisable |  |  | Weighted Average Remaining Contractual Terms(in years) |
Warrants: |  | $ | 1.40 |  |  |  | 474,322 |  |  |  | 474,322 |  |  |  | 0.82 |
|  | $ | 1.50 |  |  |  | 878,174 |  |  |  | 878,174 |  |  |  | 0.06 |
|  | $ | 1.60 |  |  |  | 131,221 |  |  |  | 131,221 |  |  |  | 0.78 |
|  | $ | 1.80 |  |  |  | 727,401 |  |  |  | 727,401 |  |  |  | 0.30 |
|  | $ | 1.90 |  |  |  | 43,103 |  |  |  | 43,103 |  |  |  | 0.08 |
|  | $ | 4.20 |  |  |  | 5,060,000 |  |  |  | 5,060,000 |  |  |  | 2.09 |
|  | $ | 5.00 |  |  |  | 3,219,983 |  |  |  | 3,219,983 |  |  |  | 3.22 |
Total warrants |  |  |  |  |  |  | 10,534,204 |  |  |  | 10,534,204 |  |  |  |  |
Options: |  | $ | 0.00 |  |  |  | 101,000 |  |  |  | 100,000 |  |  |  | 5.19 |
|  | $ | 0.62 |  |  |  | 398,500 |  |  |  | 398,500 |  |  |  | 4.25 |
|  | $ | 1.04 |  |  |  | 30,000 |  |  |  | 30,000 |  |  |  | 4.16 |
|  | $ | 2.97 |  |  |  | 20,000 |  |  |  | 20,000 |  |  |  | 3.86 |
|  | $ | 3.50 |  |  |  | 900,000 |  |  |  | 900,000 |  |  |  | 2.58 |
|  | $ | 3.72 |  |  |  | 15,000 |  |  |  | 15,000 |  |  |  | 2.49 |
|  | $ | 3.80 |  |  |  | 16,050 |  |  |  | 16,050 |  |  |  | 2.53 |
|  | $ | 4.00 |  |  |  | 42,500 |  |  |  | 42,500 |  |  |  | 2.30 |
|  | $ | 4.38 - $ 4.40 |  |  |  | 417,299 |  |  |  | 417,299 |  |  |  | 3.28 |
|  | $ | 6.80 |  |  |  | 36,250 |  |  |  | 36,250 |  |  |  | 3.37 |
|  | $ | 8.20 |  |  |  | 30,000 |  |  |  | 30,000 |  |  |  | 2.40 |
|  | $ | 20.00 |  |  |  | 107,500 |  |  |  | 107,500 |  |  |  | 2.88 |
Total options |  |  |  |  |  |  | 2,114,099 |  |  |  | 2,113,099 |  |  |  |  |
Total warrants and options |  |  |  |  |  |  | 12,648,303 |  |  |  | 12,647,303 |  |  |  |  |
Options and warrants [Member] |
Stockholders Equity Note [Line Items] |
Schedule of Stock-based Compensation Expenses |
| Compensation expenses related to options and warrants granted to consultants were recorded as follows:
|  | Year ended June 30, |
|  | 2014 |  |  | 2013 |  |  | 2012 |
Research and development expenses |  | $ | 11 |  |  | $ | 26 |  |  | $ | 19 |
General and administrative expenses |  |  |  |  |  |  | - |  |  |  | 37 |
|  | $ | 11 |  |  | $ | 26 |  |  | $ | 56 |
Restricted stock units [Member] |
Stockholders Equity Note [Line Items] |
Schedule of Unvested Restricted Stock Units | The following table summarizes the activities for unvested restricted stock units granted to employees and directors for the year ended June 30, 2014:
|  | Number |
Unvested at the beginning of period |  |  | 1,660,525 |
Granted |  |  | 1,256,940 |
Forfeited |  |  | (44,183 | )
Vested |  |  | (1,283,850 | )
Unvested at the end of the period |  |  | 1,589,432 |
Expected to vest after June 30, 2014 |  |  | 1,522,024 |
Schedule of Stock-based Compensation Expenses | Compensation expenses related to restricted stock units granted to employees and directors were recorded as follows:
|  | Year ended June 30, |  |
|  | 2014 |  |  | 2013 |  |  | 2012
Research and development expenses |  | $ | 1,172 |  |  | $ | 711 |  |  | $ | 1,163 |
General and administrative expenses |  |  | 4,390 |  |  |  | 1,529 |  |  |  | 3,487 |
|  | $ | 5,562 |  |  | $ | 2,240 |  |  | $ | 4,650 |
Consultant restricted stock units [Member] |
Stockholders Equity Note [Line Items] |
Schedule of Unvested Restricted Stock Units | The following table summarizes the activities for unvested restricted stock units and restricted stock granted to consultants for the year ended June 30, 2014:
|  | Number |
Unvested at the beginning of period |  |  | - |
Granted |  |  | 84,565 |
Vested |  |  | (69,315 | )
Unvested at the end of the period |  |  | 15,250 |
Schedule of Stock-based Compensation Expenses | Compensation expenses related to restricted stock units granted to consultants were recorded as follows:
|  | Year ended June 30, |
|  | 2014 |  |  | 2013 |  |  | 2012 |
Research and development expenses |  | $ | 201 |  |  | $ | 255 |  |  | $ | 201 |
General and administrative expenses |  |  | 77 |  |  |  | 278 |  |  |  | 20 |
|  | $ | 278 |  |  | $ | 533 |  |  | $ | 221 |

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