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STOCKHOLDERS' EQUITY (Tables)

6 Months Ended

Dec. 31, 2014

STOCKHOLDERS' EQUITY [Abstract]

Schedule of Stock Option Activity

	Six months ended December 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	1,862,099			$	3.73
Options exercised	(3,000	)		$	0.62
Options forfeited	-
Options outstanding at end of the period	1,859,099			$	3.73		2.62		$	778
Options exercisable at the end of the period	1,859,099			$	3.73		2.62		$	778
Options vested	1,859,099			$	3.73		2.62		$	778

Schedule of Stock Option and Warrant Activity

	Six months ended December 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	252,000			$	5.19
Options and warrants outstanding at end of the period	252,000			$	5.19		3.45		$	262
Options and warrants exercisable at the end of the period	252,000			$	5.19		3.45		$	262
Options and warrants vested and expected to vest	252,000			$	5.19		3.45		$	262

Options and warrants [Member]

Stockholders Equity Note [Line Items]

Schedule of Stock-based Compensation Expenses

		Six months ended December 31,								Three months ended December 31,
		2014				2013				2014			2013
Research and development expenses		$	1			$	2			$	-		$	-
General and administrative expenses			-				-				-			-
		$	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	33,619
Forfeited	(18,405	)
Vested	(722,243	)
Unvested at the end of the period	882,403
Expected to vest after  December 31, 2014	863,706

Schedule of Stock-based Compensation Expenses

		Six months ended  December 31,								Three months ended  December 31,
		2014				2013				2014			2013
Research and development expenses		$	495			$	214			$	162		$	88
General and administrative expenses			1,143				2,103				441			1,055
		$	1,638			$	2,317			$	603		$	1,143

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	50,180
Forfeited	-
Vested	(45,430	)
Unvested at the end of the period	20,000
Expected to vest after December 31, 2014	20,000

Schedule of Stock-based Compensation Expenses

		Six months ended December 31,								Three months ended December 31,
		2014				2013				2014				2013
Research and development expenses		$	77			$	17			$	57			$	16
General and administrative expenses			38				-				34				-
		$	115			$	17			$	91			$	16

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