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STOCKHOLDERS' EQUITY (Tables)

9 Months Ended

Mar. 31, 2014

STOCKHOLDERS' EQUITY [Abstract]

Schedule of Stock Option Activity

		Nine months ended March 31, 2014 (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 exercised			(15,000	)		$	0.83
Options forfeited			(81,057	)		$	11.59
Options outstanding at end of the period			1,862,099			$	3.73				3.37			$	1,461
Options exercisable at the end of the period			1,862,099			$	3.73				3.37			$	1,461
Options vested			1,862,099			$	3.73				3.37			$	1,461

Schedule of Stock Option and Warrant Activity

		Nine months ended March 31, 2014 (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 granted			3,000			$	0.00
Options and warrants exercised			(16,500	)		$	1.74
Options and warrants outstanding at end of the period			302,000			$	4.54				3.52			$	535
Options and warrants exercisable at the end of the period			300,000			$	4.54				3.45			$	528
Options and warrants vested and expected to vest			302,000			$	4.54				3.52			$	535

Options and warrants [Member]

Stockholders Equity Note [Line Items]

Schedule of Stock-based Compensation Expenses

		Nine months ended March 31,								Three months ended March 31,
		2014				2013				2014				2013
Research and development expenses		$	7			$	-			$	7			$	-
General and administrative expenses			-				24				-				3
		$	7			$	24			$	7			$	3

Restricted stock units [Member]

Stockholders Equity Note [Line Items]

Schedule of Unvested Restricted Stock Units

		Number
Unvested at the beginning of period			1,660,525
Granted			1,224,908
Forfeited			(34,979	)
Vested			(936,299	)
Unvested at the end of the period			1,914,155
Expected to vest after  March 31, 2014			1,872,940

Schedule of Stock-based Compensation Expenses

		Nine months ended March 31,								Three months ended March 31,
		2014				2013				2014				2013
Research and development expenses		$	656			$	573			$	442			$	92
General and administrative expenses			3,299				1,299				1,196				270
		$	3,955			$	1,872			$	1,638			$	362

Consultant restricted stock units [Member]

Stockholders Equity Note [Line Items]

Schedule of Unvested Restricted Stock Units

		Number
Unvested at the beginning of period			-
Granted			71,460
Forfeited			-
Vested			(40,300	)
Unvested at the end of the period			31,160
Expected to vest after March 31, 2014			31,160

Schedule of Stock-based Compensation Expenses

		Nine months ended March 31,								Three months ended March 31,
		2014				2013				2014				2013
Research and development expenses		$	59			$	209			$	42			$	55
General and administrative expenses			157				278				157				-
		$	216			$	487			$	199			$	55

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