STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (DEFICIT) (USD $) | Total | Common Stock [Member] | Additional paid in capital [Member] | Accumulated other comprehensive income (loss) [Member] | Receivable in respect of stock issuance [Member] | Deficit accumulated during development stage [Member] |
Balance at Sep. 29, 2001 | ' | ' | ' | ' | ' | ' |
Balance, shares at Sep. 29, 2001 | ' | ' | ' | ' | ' | ' |
2,136,307 shares of Common Stock of par value $0.001 per share issued for cash | 40,442 | 2,136 | 38,306 | ' | ' | ' |
2,136,307 shares of Common Stock of par value $0.001 per share issued for cash, shares | ' | 2,136,307 | ' | ' | ' | ' |
Income (Loss) for the period/year | -63,293 | ' | ' | ' | ' | -63,293 |
Other comprehensive income (loss) | -5 | ' | ' | -5 | ' | ' |
Balance at Dec. 31, 2002 | -22,856 | 2,136 | 38,306 | -5 | ' | -63,293 |
Balance, shares at Dec. 31, 2002 | ' | 2,136,307 | ' | ' | ' | ' |
Income (Loss) for the period/year | -350,290 | ' | ' | ' | ' | -350,290 |
Other comprehensive income (loss) | -15,035 | ' | ' | -15,035 | ' | ' |
Balance at Dec. 31, 2003 | -388,181 | 2,136 | 38,306 | -15,040 | ' | -413,583 |
Balance, shares at Dec. 31, 2003 | ' | 2,136,307 | ' | ' | ' | ' |
Income (Loss) for the period/year | -288,233 | ' | ' | ' | ' | -288,233 |
Other comprehensive income (loss) | -15,069 | ' | ' | -15,069 | ' | ' |
Issuance of 42,727 shares of Common Stock for cash of $1.76 per share on March 16, 2004 | 75,000 | 43 | 74,957 | ' | ' | ' |
Issuance of 42,727 shares of Common Stock for cash of $1.76 per share on March 16, 2004, shares | ' | 42,727 | ' | ' | ' | ' |
Issuance of 72,773 shares of Common Stock for cash of $ 1.72 per share on November 25, 2004 | 128,856 | 73 | 128,783 | ' | ' | ' |
Issuance of 72,773 shares of Common Stock for cash of $ 1.72 per share on November 25, 2004, shares | ' | 72,773 | ' | ' | ' | ' |
Balance at Dec. 31, 2004 | -487,627 | 2,252 | 242,046 | -30,109 | ' | -701,816 |
Balance, shares at Dec. 31, 2004 | ' | 2,251,807 | ' | ' | ' | ' |
Income (Loss) for the period/year | -1,055,594 | ' | ' | ' | ' | -1,055,594 |
Other comprehensive income (loss) | 8,542 | ' | ' | 8,542 | ' | ' |
Issuance of 218,281 shares of Common Stock for cash of $ 1.72 per share on January 14, 2005 | 375,000 | 218 | 374,782 | ' | ' | ' |
Issuance of 218,281 shares of Common Stock for cash of $ 1.72 per share on January 14, 2005, shares | ' | 218,281 | ' | ' | ' | ' |
Issuance of 291,051 shares of Common Stock for cash of $ 1.72 per share on April 5, 2005 | 500,000 | 291 | 499,709 | ' | ' | ' |
Issuance of 291,051 shares of Common Stock for cash of $ 1.72 per share on April 5, 2005, shares | ' | 291,051 | ' | ' | ' | ' |
Issuance of 59,389 shares of Common Stock for cash of $ 3.37 per share on May 31, 2005 | 200,000 | 60 | 199,940 | ' | ' | ' |
Issuance of 59,389 shares of Common Stock for cash of $ 3.37 per share on May 31, 2005, shares | ' | 59,389 | ' | ' | ' | ' |
Stock-based compensation | 189,616 | 52 | 189,564 | ' | ' | ' |
Stock-based compensation, shares | ' | 52,147 | ' | ' | ' | ' |
Balance at Dec. 31, 2005 | -270,063 | 2,873 | 1,506,041 | -21,567 | ' | -1,757,410 |
Balance, shares at Dec. 31, 2005 | ' | 2,872,675 | ' | ' | ' | ' |
Income (Loss) for the period/year | -1,282,842 | ' | ' | ' | ' | -1,282,842 |
Other comprehensive income (loss) | -57,127 | ' | ' | -57,127 | ' | ' |
Issuance of 87,315 shares of Common Stock for cash of $ 1.47 per share on January 26, 2006 | 128,205 | 87 | 128,118 | ' | ' | ' |
Issuance of 87,315 shares of Common Stock for cash of $ 1.47 per share on January 26, 2006 | ' | 87,315 | ' | ' | ' | ' |
Issuance of 1,899 shares of Common Stock for cash of $ 3.63 per share on March 31, 2006 | 6,890 | 2 | 6,888 | ' | ' | ' |
Issuance of 1,899 shares of Common Stock for cash of $ 3.63 per share on March 31, 2006 | ' | 1,899 | ' | ' | ' | ' |
Issuance of 13,786 shares of Common Stock for cash of $ 3.63 per share on June 16, 2006 | 50,000 | 14 | 49,986 | ' | ' | ' |
Issuance of 13,786 shares of Common Stock for cash of $ 3.63 per share on June 16, 2006, shares | ' | 13,786 | ' | ' | ' | ' |
Issuance of 14,113 shares of Common Stock for cash of $ 3.63 per share on June 30, 2006 | 51,180 | 14 | 51,166 | ' | ' | ' |
Issuance of 14,113 shares of Common Stock for cash of $ 3.63 per share on June 30, 2006, shares | ' | 14,113 | ' | ' | ' | ' |
Issuance of 51,207 shares of Common Stock for cash of $ 3.91 per share on August 15, 2006 | 200,000 | 51 | 199,949 | ' | ' | ' |
Issuance of 51,207 shares of Common Stock for cash of $ 3.91 per share on August 15, 2006, shares | ' | 51,207 | ' | ' | ' | ' |
Issuance of 301,948 shares of Common Stock for cash of $ 4.31 per share on October 5, 2006 | 1,300,000 | 302 | 1,299,698 | ' | ' | ' |
Issuance of 301,948 shares of Common Stock for cash of $ 4.31 per share on October 5, 2006, shares | ' | 301,948 | ' | ' | ' | ' |
Issuance of 348,402 shares of Common Stock for cash of $ 4.31 per share on December 14, 2006 | 1,372,495 | 349 | 1,372,146 | ' | ' | ' |
Issuance of 348,402 shares of Common Stock for cash of $ 4.31 per share on December 14, 2006, shares | ' | 348,402 | ' | ' | ' | ' |
Stock-based compensation | 277,497 | 63 | 277,434 | ' | ' | ' |
Stock-based compensation, shares | ' | 63,395 | ' | ' | ' | ' |
Balance at Dec. 31, 2006 | 1,776,235 | 3,755 | 4,891,426 | -78,694 | ' | -3,040,252 |
Balance, shares at Dec. 31, 2006 | ' | 3,754,740 | ' | ' | ' | ' |
Income (Loss) for the period/year | -1,593,205 | ' | ' | ' | ' | -1,593,205 |
Other comprehensive income (loss) | 84,528 | ' | ' | 84,528 | ' | ' |
Stock-based compensation | 274,659 | 29 | 274,630 | ' | ' | ' |
Stock-based compensation, shares | ' | 28,707 | ' | ' | ' | ' |
Balance at Dec. 31, 2007 | 542,217 | 3,784 | 5,166,056 | 5,834 | ' | -4,633,457 |
Balance, shares at Dec. 31, 2007 | ' | 3,783,447 | ' | ' | ' | ' |
Income (Loss) for the period/year | -1,528,981 | ' | ' | ' | ' | -1,528,981 |
Other comprehensive income (loss) | 110,134 | ' | ' | 110,134 | ' | ' |
Issuance of 61,989 shares of Common Stock for cash of $ 5.52 per share on September 27, 2008 | 342,000 | 62 | 341,938 | ' | ' | ' |
Issuance of 61,989 shares of Common Stock for cash of $ 5.52 per share on September 27, 2008, shares | ' | 61,989 | ' | ' | ' | ' |
Issuance of 104,220 shares of Common Stock for cash of $ 5.52 per share on October 7, 2008 | 500,000 | 104 | 574,896 | ' | -75,000 | ' |
Issuance of 104,220 shares of Common Stock for cash of $ 5.52 per share on October 7, 2008, shares | ' | 104,220 | ' | ' | ' | ' |
Stock-based compensation | 84,380 | ' | 84,380 | ' | ' | ' |
Balance at Dec. 31, 2008 | 49,750 | 3,950 | 6,167,270 | 115,968 | -75,000 | -6,162,438 |
Balance, shares at Dec. 31, 2008 | ' | 3,949,656 | ' | ' | ' | ' |
Income (Loss) for the period/year | -1,202,296 | ' | ' | ' | ' | -1,202,296 |
Other comprehensive income (loss) | -13,367 | ' | ' | -13,367 | ' | ' |
Issuance of 50,342 shares of Common Stock for cash of $6.02 per share in January 2009 | 303,000 | 50 | 302,950 | ' | ' | ' |
Issuance of 50,342 shares of Common Stock for cash of $6.02 per share in January 2009, shares | ' | 50,342 | ' | ' | ' | ' |
Repayment of receivable in respect of stock issuance | 75,000 | ' | ' | ' | 75,000 | ' |
Stock-based compensation | 12,171 | ' | 12,171 | ' | ' | ' |
Balance at Dec. 31, 2009 | -775,742 | 4,000 | 6,482,391 | 102,601 | ' | -7,364,734 |
Balance, shares at Dec. 31, 2009 | ' | 3,999,998 | ' | ' | ' | ' |
Income (Loss) for the period/year | -2,788,446 | ' | ' | ' | ' | -2,788,446 |
Other comprehensive income (loss) | -119,019 | ' | ' | -119,019 | ' | ' |
Issuance of 530,600 shares of Common Stock for cash of $6.25 per share in December 2010, net of related expenses | 2,357,032 | 531 | 2,356,501 | ' | ' | ' |
Issuance of 530,600 shares of Common Stock for cash of $6.25 per share in December 2010, net of related expenses, shares | ' | 530,600 | ' | ' | ' | ' |
Stock-based interest compensation to convertible notes holders | 1,214,943 | 194 | 1,214,749 | ' | ' | ' |
Stock-based interest compensation to convertible notes holders, shares | ' | 194,391 | ' | ' | ' | ' |
Conversion of convertible notes | 694,796 | 120 | 694,676 | ' | ' | ' |
Conversion of convertible notes, shares | ' | 119,586 | ' | ' | ' | ' |
Stock-based compensation | 14,575 | ' | 14,575 | ' | ' | ' |
Balance at Dec. 31, 2010 | 598,139 | 4,845 | 10,762,892 | -16,418 | ' | -10,153,180 |
Balance, shares at Dec. 31, 2010 | ' | 4,844,575 | ' | ' | ' | ' |
Income (Loss) for the period/year | -2,364,339 | ' | ' | ' | ' | -2,364,339 |
Other comprehensive income (loss) | 39,052 | ' | ' | 39,052 | ' | ' |
Issuance of 16,320 shares of Common Stock for cash of $ 6.25 per share on January 31, 2011, net of related expenses | 83,180 | 16 | 83,164 | ' | ' | ' |
Issuance of 16,320 shares of Common Stock for cash of $ 6.25 per share on January 31, 2011, net of related expenses, shares | ' | 16,320 | ' | ' | ' | ' |
Issuance of 90,768 shares of Common Stock for cash of $ 6.25 per share on March 31, 2011, net of related expenses | 479,901 | 91 | 479,810 | ' | ' | ' |
Issuance of 90,768 shares of Common Stock for cash of $ 6.25 per share on March 31, 2011, net of related expenses, shares | ' | 90,768 | ' | ' | ' | ' |
Issuance of 40,000 shares of Common Stock for cash of $ 6.25 per share on April 29, 2011, net of related expenses | 191,722 | 40 | 191,682 | ' | ' | ' |
Issuance of 40,000 shares of Common Stock for cash of $ 6.25 per share on April 29, 2011, net of related expenses, shares | ' | 40,000 | ' | ' | ' | ' |
Issuance of 34,200 shares of Common Stock for cash of $ 6.25 per share on May 31, 2011, net of related expenses | 180,026 | 34 | 179,992 | ' | ' | ' |
Issuance of 34,200 shares of Common Stock for cash of $ 6.25 per share on May 31, 2011, net of related expenses, shares | ' | 34,200 | ' | ' | ' | ' |
Issuance of 269,680 shares of Common Stock for cash of $ 6.25 per share on July 29, 2011, net of related expenses | 1,466,385 | 270 | 1,466,115 | ' | ' | ' |
Issuance of 269,680 shares of Common Stock for cash of $ 6.25 per share on July 29, 2011, net of related expenses, shares | ' | 269,680 | ' | ' | ' | ' |
Fair value of warrants with down-round protection issued in connection with Common Stock issuances | -83,899 | ' | -83,899 | ' | ' | ' |
Stock-based compensation | 378,072 | ' | 378,072 | ' | ' | ' |
Balance at Dec. 31, 2011 | 968,239 | 5,296 | 13,457,828 | 22,634 | ' | -12,517,519 |
Balance, shares at Dec. 31, 2011 | ' | 5,295,543 | ' | ' | ' | ' |
Income (Loss) for the period/year | -2,772,307 | ' | ' | ' | ' | -2,772,307 |
Other comprehensive income (loss) | -13,709 | ' | ' | -13,709 | ' | ' |
Issuance of 165,057 shares of Common Stock for cash of $ 7.00 per share on November 19, 2012, net of related expenses | 917,179 | 165 | 917,014 | ' | ' | ' |
Issuance of 165,057 shares of Common Stock for cash of $ 7.00 per share on November 19, 2012, net of related expenses, shares | ' | 165,057 | ' | ' | ' | ' |
Warrants classified to equity due to the expiration of the down-round protection period/Warrants issued as consideration for placement services | 48,007 | ' | 48,007 | ' | ' | ' |
Stock-based compensation | 349,522 | ' | 349,522 | ' | ' | ' |
Balance at Dec. 31, 2012 | -503,069 | 5,461 | 14,772,371 | 8,925 | ' | -15,289,826 |
Balance, shares at Dec. 31, 2012 | ' | 5,460,600 | ' | ' | ' | ' |
Income (Loss) for the period/year | -9,796,853 | ' | ' | ' | ' | -9,796,853 |
Other comprehensive income (loss) | 43,777 | ' | ' | 43,777 | ' | ' |
Amount classified out of stockholders equity and presented as liability and temporary equity with respect to Common Stock replaced with units comprised of convertible Preferred Stock and warrants | -1,140,349 | -163 | -1,140,186 | ' | ' | ' |
Amount classified out of stockholders equity and presented as liability and temporary equity with respect to Common Stock replaced with units comprised of convertible Preferred Stock and warrants, shares | ' | -162,907 | ' | ' | ' | ' |
Conversion of Preferred Stock | 23,200 | 4 | 23,196 | ' | ' | ' |
Conversion of Preferred Stock, shares | ' | 4,000 | ' | ' | ' | ' |
Stock dividend to certain Common Stock holders | ' | ' | 278,263 | ' | ' | -278,263 |
Stock dividend to certain Common Stock holders, shares | ' | ' | ' | ' | ' | ' |
Warrants classified to equity due to the expiration of the down-round protection period/Warrants issued as consideration for placement services | 562,805 | ' | 562,805 | ' | ' | ' |
Dividend on convertible Preferred Stock | -288,248 | ' | ' | ' | ' | -288,248 |
Stock-based compensation | 35,619 | ' | 35,619 | ' | ' | ' |
Balance at Dec. 31, 2013 | -11,063,118 | 5,302 | 14,532,068 | 52,702 | ' | -25,653,190 |
Balance, shares at Dec. 31, 2013 | 5,301,693 | 5,301,693 | ' | ' | ' | ' |
Income (Loss) for the period/year | 4,525,009 | ' | ' | ' | ' | 4,525,009 |
Other comprehensive income (loss) | -16,033 | ' | ' | -16,033 | ' | ' |
Conversion of Preferred Stock | 5,888 | 2 | 5,886 | ' | ' | ' |
Conversion of Preferred Stock, shares | ' | 1,725 | ' | ' | ' | ' |
Stock dividend to certain Common Stock holders | ' | 1 | -1 | ' | ' | ' |
Stock dividend to certain Common Stock holders, shares | ' | 654 | ' | ' | ' | ' |
Dividend on convertible Preferred Stock | -185,263 | ' | ' | ' | ' | -185,263 |
Stock-based compensation | 19,854 | ' | 19,854 | ' | ' | ' |
Balance at Jun. 30, 2014 | ($6,713,663) | $5,305 | $14,548,807 | $36,669 | ' | ($21,313,444) |
Balance, shares at Jun. 30, 2014 | 5,304,072 | 5,304,072 | ' | ' | ' | ' |