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STOCKHOLDERS' EQUITY (Tables)

3 Months Ended

Sep. 30, 2014

STOCKHOLDERS' EQUITY [Abstract]

Schedule of Stock Option Activity

		Three months ended September 30, 2014 (Unaudited)
		Number				Weighted Average Exercise Price				Weighted Average Remaining Contractual Terms (in years)				Aggregate Intrinsic Value Price
Options outstanding at beginning of period			1,862,099			$	3.73
Options exercised			(3,000	)		$	0.62
Options forfeited			-
Options outstanding at end of the period			1,859,099			$	3.73				2.87			$	929
Options exercisable at the end of the period			1,859,099			$	3.73				2.87			$	929
Options vested			1,859,099			$	3.73				2.87			$	929

Schedule of Stock Option and Warrant Activity

		Three months ended September 30, 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			252,000			$	5.19
Options and warrants outstanding at end of the period			252,000			$	5.19				3.71			$	300
Options and warrants exercisable at the end of the period			252,000			$	5.19				3.71			$	300
Options and warrants vested and expected to vest			252,000			$	5.19				3.71			$	300

Options and warrants [Member]

Stockholders Equity Note [Line Items]

Schedule of Stock-based Compensation Expenses

		Three months ended September 30,
		2014 (Unaudited)				2013 (Unaudited)
Research and development expenses		$	1			$	-
General and administrative expenses			-				2
		$	1			$	2

Restricted stock units [Member]

Stockholders Equity Note [Line Items]

Schedule of Unvested Restricted Stock Units

		Number
Unvested at the beginning of period			1,589,432
Granted			24,499
Forfeited			(8,725	)
Vested			(439,078	)
Unvested at the end of the period			1,166,128
Expected to vest after  September 30, 2014			1,141,828

Schedule of Stock-based Compensation Expenses

		Three months ended September 30,
		2014 (Unaudited)				2013 (Unaudited)
Research and development expenses		$	333			$	126
General and administrative expenses			702				1,048
		$	1,035			$	1,174

Consultant restricted stock units [Member]

Stockholders Equity Note [Line Items]

Schedule of Unvested Restricted Stock Units

		Number
Unvested at the beginning of period			15,250
Granted			5,000
Forfeited			-
Vested			(7,875	)
Unvested at the end of the period			12,375
Expected to vest after September 30, 2014			12,375

Schedule of Stock-based Compensation Expenses

		Three months ended September 30,
		2014 (Unaudited)				2013 (Unaudited)
Research and development expenses		$	20			$	-
General and administrative expenses			4				-
		$	24			$	-

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Tabular disclosure of the allocation of equity-based compensation costs to a given line item on the balance sheet and income statement for the period. This may include the reporting line for the costs and the amount capitalized and expensed.

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