Attunity (ATTU) 6-K 30 Sep 14 2014 H1 Current report (foreign) Financial data

Document_and_Entity_Informatio

Document and Entity Information	6 Months Ended
	Jun. 30, 2014
Document and Entity Information [Abstract]	'
Document Type	'6-K
Amendment Flag	'false
Document Period End Date	30-Jun-14
Entity Registrant Name	'ATTUNITY LTD
Entity Central Index Key	'0000893821
Current Fiscal Year End Date	'--12-31
Document Fiscal Year Focus	'2014
Document Fiscal Period Focus	'H1
Entity Filer Category	'Non-accelerated Filer

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
CURRENT ASSETS:	'	'
Cash and cash equivalents	$18,119	$16,481
Trade receivables (net of allowance for doubtful accounts of $15 at June 30, 2014 and December 31, 2013)	5,097	5,224
Other accounts receivable and prepaid expenses	857	685
Total current assets	24,073	22,390
Other long term assets	440	385
Severance pay fund	3,436	3,233
Property and equipment, net	1,030	879
Intangible assets, net	4,754	5,345
Goodwill	17,728	17,748
Total long-term assets	27,388	27,590
Total assets	51,461	49,980
CURRENT LIABILITIES:	'	'
Trade payables	356	458
Contingent purchase consideration	1,912	'
Deferred revenues	6,876	5,175
Employees and payroll accruals	3,559	3,210
Accrued expenses and other current liabilities	1,220	1,365
Total current liabilities	13,923	10,208
LONG-TERM LIABILITIES:	'	'
Long term deferred revenue	632	847
Liabilities presented at fair value and other long-term liabilities	968	1,219
Contingent purchase consideration	1,709	3,280
Accrued severance pay	4,705	4,328
Total long-term liabilities	8,014	9,674
SHAREHOLDERS' EQUITY:	'	'
Share capital - Ordinary shares of NIS 0.4 par value - Authorized: 32,500,000 shares at June 30, 2014 and December 31, 2013; Issued and outstanding: 15,179,196 shares at June 30, 2014 and 14,527,292 shares at December 31, 2013	1,752	1,677
Additional paid-in capital	132,322	130,944
Receipt on account of shares	'	81
Accumulated other comprehensive loss	-653	-621
Accumulated deficit	-103,897	-101,983
Total shareholders' equity	29,524	30,098
Total liabilities and shareholders' equity	$51,461	$49,980

CONSOLIDATED_BALANCE_SHEETS_PA

CONSOLIDATED BALANCE SHEETS (PARENTHETICAL)	Jun. 30, 2014	Jun. 30, 2014	Dec. 31, 2013	Dec. 31, 2013
In Thousands, except Share data, unless otherwise specified	USD ($)	ILS	USD ($)	ILS
CONSOLIDATED BALANCE SHEETS [Abstract]	'	'	'	'
Trade receivables, allowance for doubtful accounts	$15	'	$15	'
Ordinary shares, par value per share	'	0.4	'	0.4
Ordinary shares, shares authorized	32,500,000	32,500,000	32,500,000	32,500,000
Ordinary shares, shares outstanding	15,179,196	15,179,196	14,527,292	14,527,292
Ordinary shares, shares issued	15,179,196	15,179,196	14,527,292	14,527,292

CONSOLIDATED_STATEMENTS_OF_OPE

CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	6 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013
CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract]	'	'
Software licenses	$7,929	$5,043
Maintenance and services	7,446	5,644
Total revenues	15,375	10,687
Operating expenses:	'	'
Cost of revenues	1,472	1,046
Research and development	4,837	3,869
Selling and marketing	8,861	5,456
General and administrative	1,888	1,511
Total operating expenses	17,058	11,882
Operating loss	-1,683	-1,195
Financial expenses, net	-189	-85
Loss before taxes on income	-1,872	-1,280
Taxes on income (benefit)	42	-105
Net loss	($1,914)	($1,175)
Basic and diluted net loss per share	($0.13)	($0.11)
Weighted average number of shares used in computing basic net loss per share	14,834	10,994

CONSOLIDATED_STATEMENTS_OF_COM

CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013
CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS [Abstract]	'	'
Net loss	($1,914)	($1,175)
Other comprehensive income (loss):	'	'
Foreign currency translation adjustment	-32	13
Net change in accumulated comprehensive loss	-32	13
Comprehensive loss	($1,946)	($1,162)

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013
Cash flows activities:	'	'
Net loss	($1,914)	($1,175)
Adjustments required to reconcile net loss to net cash provided by operating activities:	'	'
Depreciation	163	114
Stock based compensation	677	306
Amortization of intangible assets	591	373
Accretion of payment obligation	341	66
Change in operating assets and liabilities:	'	'
Accrued severance pay, net	174	120
Trade receivables	127	430
Other accounts receivable and prepaid expenses	-50	-118
Other assets	-12	3
Trade payables	-102	44
Deferred revenues	1,486	977
Employees and payroll accruals	349	-322
Accrued expenses and other liabilities	-145	-413
Liabilities presented at fair value and other long-term liabilities	-251	-69
Change in deferred taxes, net	-165	-174
Net cash provided by operating activities	1,269	162
Cash flows from investing activities:	'	'
Purchase of property and equipment	-314	-484
Net cash used in investing activities	-314	-484
Cash flows from financing activities:	'	'
Proceeds from exercise of stock options, warrants and rights	695	151
Receipts on account of shares	'	133
Payment of contingent consideration	'	-2,000
Net cash provided by (used in) financing activities	695	-1,716
Foreign currency translation adjustments on cash and cash equivalents	-12	32
Increase (decrease) in cash and cash equivalents	1,638	-2,006
Cash and cash equivalents at the beginning of the period	16,481	3,778
Cash and cash equivalents at the end of the period	18,119	1,772
Supplemental disclosure of cash flow activities:	'	'
Cash paid during the period for taxes	382	389
Supplemental disclosure of non-cash investing activity:	'	'
Purchase of property and equipment	'	$36

GENERAL

GENERAL	6 Months Ended
	Jun. 30, 2014
GENERAL [Abstract]	'
GENERAL	'
	NOTE 1:-	GENERAL
	Attunity Ltd. (the "Company" or "Attunity") and its subsidiaries develop, market, sell and support information availability software solutions that enable access, sharing, replication, management, consolidation and distribution of data, including Big Data, across heterogeneous enterprise platforms, organizations, and the cloud. In addition, the Company provides maintenance, consulting, and other related services for its products.
	On December 18, 2013, the Company completed, through the Company's wholly owned subsidiary, Attunity Inc., the acquisition of 100% of the shares of Hayes Technology Group, Inc. ("Hayes"), a U.S.-based provider of data replication software solutions for SAP environments.

SIGNIFICANT_ACCOUNTING_POLICIE

SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2014
SIGNIFICANT ACCOUNTING POLICIES [Abstract]	'
SIGNIFICANT ACCOUNTING POLICIES	'
	NOTE 2:-	SIGNIFICANT ACCOUNTING POLICIES
		a.	Unaudited interim consolidated financial statements:
			The accompanying unaudited interim consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles for interim financial information. In the opinion of management, the unaudited interim consolidated financial statements include all adjustments of a normal recurring nature necessary for a fair presentation of the Company's consolidated financial position as of June 30, 2014, consolidated results of operations for the six months ended June 30, 2014 and 2013 and cash flows for the six months ended June 30, 2014 and 2013.
			The balance sheet at December 31, 2013 has been derived from the audited consolidated financial statements of the Company at that date but does not include all of information and footnotes required by U.S. generally accepted accounting principles for complete financial statements.
			The accompanying unaudited interim consolidated financial statements should be read in conjunction with the audited consolidated financial statements and accompanying notes for the year ended December 31, 2013, included in the Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission ("SEC") on April 8, 2014. Results for the six months ended June 30, 2014 are not necessarily indicative of results that may be expected for the year ending December 31, 2014.
			Unless otherwise noted, all references to "dollars" or "$" are to United States dollars.
		b.	Use of estimates:
			The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates.
		c.	Impact of recently issued accounting standard not yet adopted:
			In May 2014, the FASB issued Accounting Standards Update No. 2014-09 (ASU 2014-09) "Revenue from Contracts with Customers." ASU 2014-09 supersedes the revenue recognition requirements in "Revenue Recognition (Topic 605)", and requires entities to recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled to in exchange for those goods or services. ASU 2014-09 is effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period. Early adoption is not permitted. The Company is currently in the process of evaluating the impact of the adoption of ASU 2014-09 on its consolidated financial statements.

CONTINGENT_PURCHASE_CONSIDERAT

CONTINGENT PURCHASE CONSIDERATION	6 Months Ended
	Jun. 30, 2014
CONTINGENT PURCHASE CONSIDERATION [Abstract]	'
CONTINGENT PURCHASE CONSIDERATION	'
	NOTE 3:-	CONTINGENT PURCHASE CONSIDERATION
	The Company is liable for milestone-based contingent payments established in connection with the acquisition of Hayes (the "Contingent Payment Obligation"). These contingent payments, which are payable to Hayes former shareholders, had an acquisition-date estimated fair value of $3,251.  The Contingent Payment Obligation will continue to be accounted for and measured at fair value until the contingency is settled during fiscal years 2015 and 2016.  The fair value measurement of the Contingent Payment Obligation is based primarily on projected 2014 and 2015 Hayes revenues, which represent significant inputs not observed in the market and thus represents a Level 3 measurement. The Contingent Payment Obligation is revalued to its current fair value at each reporting date.  Any increase or decrease in the fair value, as a result of changes in significant inputs such as the discount rate, the discount period or other factors used in the calculation, is recognized in financial expenses in the consolidated results of operations in the period the estimated fair value changes. The fair value of the Contingent Payment Obligation was estimated using a Monte Carlo Simulation of the triangular model with a discount rate of 16%. The fair value of the Contingent Payment Obligation was $3,621 at June 30, 2014 and $3,280 at December 31, 2013, based on the projected revenues of Hayes.

LIABILITIES_PRESENTED_AT_FAIR_

LIABILITIES PRESENTED AT FAIR VALUE	6 Months Ended
	Jun. 30, 2014
LIABILITES PRESENTED AT FAIR VALUE [Abstract]	'
LIABILITIES PRESENTED AT FAIR VALUE	'
	NOTE 4:-	LIABILITIES PRESENTED AT FAIR VALUE
	According to the loan agreement ("Agreement") with Plenus Technologies Ltd. and its affiliates, ("Plenus"), dated January 31, 2007 (as amended on March 30, 2009 and September 4, 2011), Plenus is entitled to compensation of 15% of the proceeds payable in a Fundamental Transaction (as defined in the Agreement), upon consummation of a Fundamental Transaction until December 31, 2017. During such period, Plenus may elect to receive the $300 in cash in lieu of such compensation.
	The above mentioned compensation right of Plenus was accounted for in accordance with ASC No. 815-40, "Derivatives and Hedging", based on which was considered a derivative and presented at fair value, within liabilities presented at fair value and other long term  liabilities, which is marked to market at each reporting period. As of June 30, 2014 and December 31, 2013, the liability amounted to $840 and $1,093, respectively. The fair value of this derivative was based on valuation performed by a third- party valuation firm using the Binomial Model for options valuation based on assumptions provided by management.
	The Company classified the fair value of this derivative as level 3, in accordance with ASC No. 820, "Fair Value Measurements".
	During the six months ended June 30, 2014 and 2013, financial income from revaluation of liabilities presented at fair value amounted to $253 and $63, respectively.

SHAREHOLDERS_EQUITY

SHAREHOLDERS' EQUITY	6 Months Ended
	Jun. 30, 2014
SHAREHOLDERS' EQUITY [Abstract]	'
SHAREHOLDERS' EQUITY	'
	NOTE 5:-	SHAREHOLDERS' EQUITY
		1	On November 26, 2013, the Company closed a firm commitment underwritten public offering of 2,852,000 ordinary shares (including 372,000 ordinary shares issued to the underwriter upon full exercise of its over-allotment option), at a public offering price of $7.00 per share. The net proceeds for the Company were approximately $18,000.
		2	During the six months ended June 30, 2014, 226,967 warrants were exercised into 226,967 of the Company's ordinary shares for a total amount of $109.
		3	The fair value for options granted in the periods presented is estimated at the date of grant using a Black-Scholes option-pricing model with the following weighted average assumptions:
			Six months ended
			June 30,
			2014			2013
			Unaudited
	Risk free interest			1.16	%		0.57	%
	Dividend yields			0	%		0	%
	Volatility			63	%		81	%
	Expected life (in years)			4			4
		4	The following is a summary of the Company's stock options activity for the six months ended June 30, 2014:
			Number			Weighted			Weighted-		Aggregate
			of options			Average exercise			average		intrinsic value
			(in thousands)			price			remaining
									contractual term
									(in years)
			Unaudited
	Outstanding at December 31, 2013			1,715		$	3.47
	Granted			432			11.1
	Exercised			(425	)		1.56
	Canceled or forfeited			(17	)		7.36
	Outstanding at June 30, 2014			1,705		$	5.85			3.79	$	5,153
	Exercisable at June 30, 2014			868		$	2.59			2.3	$	4,574
	Vested and expected to vest at June 30, 2014			1,623		$	5.64			3.7	$	5,129
		5	The weighted average fair value of options granted during the six months ended June 30, 2014 was $5.40.
		6	The following table shows the total stock-based compensation expense included in the interim consolidated statements of operations:
			Six months ended
			June  30,
			2014			2013
			Unaudited
	Research and development		$	191		$	132
	Selling and marketing			298			88
	General and administrative			188			86
	Total stock-based compensation expense		$	677		$	306

FINANCIAL_EXPENSES_NET

FINANCIAL EXPENSES, NET	6 Months Ended
	Jun. 30, 2014
Financial Expenses, Net [Abstract]	'
FINANCIAL EXPENSES, NET	'
	NOTE 6:-	FINANCIAL EXPENSES, NET
			Six months ended
			June 30,
			2014			2013
			Unaudited
	Financial income:
	Revaluation of liabilities presented at fair value		$	(253	)	$	(63	)
	Exchange rate differences  and other			(34	)		(22	)
				(287	)		(85	)
	Financial expenses:
	Interest			6			5
	Exchange rate differences and other			129			99
	Accretion of contingent payment obligation			341			66
				476			170
			$	189		$	85

SIGNIFICANT_ACCOUNTING_POLICIE1

SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Jun. 30, 2014
SIGNIFICANT ACCOUNTING POLICIES [Abstract]	'
Unaudited interim consolidated financial statements	'
	a.	Unaudited interim consolidated financial statements:
		The accompanying unaudited interim consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles for interim financial information. In the opinion of management, the unaudited interim consolidated financial statements include all adjustments of a normal recurring nature necessary for a fair presentation of the Company's consolidated financial position as of June 30, 2014, consolidated results of operations for the six months ended June 30, 2014 and 2013 and cash flows for the six months ended June 30, 2014 and 2013.
		The balance sheet at December 31, 2013 has been derived from the audited consolidated financial statements of the Company at that date but does not include all of information and footnotes required by U.S. generally accepted accounting principles for complete financial statements.
		The accompanying unaudited interim consolidated financial statements should be read in conjunction with the audited consolidated financial statements and accompanying notes for the year ended December 31, 2013, included in the Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission ("SEC") on April 8, 2014. Results for the six months ended June 30, 2014 are not necessarily indicative of results that may be expected for the year ending December 31, 2014.
		Unless otherwise noted, all references to "dollars" or "$" are to United States dollars.
Use of estimates	'
	b.	Use of estimates:
		The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates.
Impact of recently issued accounting standard not yet adopted	'
	c.	Impact of recently issued accounting standard not yet adopted:
		In May 2014, the FASB issued Accounting Standards Update No. 2014-09 (ASU 2014-09) "Revenue from Contracts with Customers." ASU 2014-09 supersedes the revenue recognition requirements in "Revenue Recognition (Topic 605)", and requires entities to recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled to in exchange for those goods or services. ASU 2014-09 is effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period. Early adoption is not permitted. The Company is currently in the process of evaluating the impact of the adoption of ASU 2014-09 on its consolidated financial statements.

SHAREHOLDERS_EQUITY_Tables

SHAREHOLDERS' EQUITY (Tables)	6 Months Ended
	Jun. 30, 2014
SHAREHOLDERS' EQUITY [Abstract]	'
Summary of Fair Value Weighted Average Assumptions	'
	The fair value for options granted in the periods presented is estimated at the date of grant using a Black-Scholes option-pricing model with the following weighted average assumptions:
		Six months ended
		June 30,
		2014			2013
		Unaudited
	Risk free interest		1.16	%		0.57	%
	Dividend yields		0	%		0	%
	Volatility		63	%		81	%
	Expected life (in years)		4			4
Schedule of Stock Option Activity	'
	The following is a summary of the Company's stock options activity for the six months ended June 30, 2014:
		Number			Weighted			Weighted-		Aggregate
		of options			Average exercise			average		intrinsic value
		(in thousands)			price			remaining
								contractual term
								(in years)
		Unaudited
	Outstanding at December 31, 2013		1,715		$	3.47
	Granted		432			11.1
	Exercised		(425	)		1.56
	Canceled or forfeited		(17	)		7.36
	Outstanding at June 30, 2014		1,705		$	5.85			3.79	$	5,153
	Exercisable at June 30, 2014		868		$	2.59			2.3	$	4,574
	Vested and expected to vest at June 30, 2014		1,623		$	5.64			3.7	$	5,129
Schedule of Stock-Based Compensation Expense	'
	The following table shows the total stock-based compensation expense included in the interim consolidated statements of operations:
		Six months ended
		June  30,
		2014			2013
		Unaudited
	Research and development	$	191		$	132
	Selling and marketing		298			88
	General and administrative		188			86
	Total stock-based compensation expense	$	677		$	306

FINANCIAL_EXPENSE_NET_Tables

FINANCIAL EXPENSE, NET (Tables)	6 Months Ended
	Jun. 30, 2014
Financial Expenses, Net [Abstract]	'
Schedule of Financial Expenses	'
		Six months ended
		June 30,
		2014			2013
		Unaudited
	Financial income:
	Revaluation of liabilities presented at fair value	$	(253	)	$	(63	)
	Exchange rate differences  and other		(34	)		(22	)
			(287	)		(85	)
	Financial expenses:
	Interest		6			5
	Exchange rate differences and other		129			99
	Accretion of contingent payment obligation		341			66
			476			170
		$	189		$	85

CONTINGENT_PURCHASE_CONSIDERAT1

CONTINGENT PURCHASE CONSIDERATION (Details) (Hayes [Member], USD $)	6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013	Dec. 18, 2013
Hayes [Member]	'	'	'
Business Acquisition, Contingent Consideration [Line Items]	'	'	'
Contingent payment consideration, fair value	'	'	$3,251
Contingent Payment Obligation	$3,621	$3,280	'
Discount rate	16.00%	'	'

LIABILITIES_PRESENTED_AT_FAIR_1

LIABILITIES PRESENTED AT FAIR VALUE (Details) (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013
LIABILITES PRESENTED AT FAIR VALUE [Abstract]	'	'	'
Contingent lender payment, percent of equity transaction	15.00%	'	'
Contingent lender payment, alternate amount of condiseration payable to the lender	$300	'	'
Derivative liability	840	'	1,093
Financial income from revaluation of liabilities presented at fair value	$253	$63	'

SHAREHOLDERS_EQUITY_Narrative_

SHAREHOLDERS' EQUITY (Narrative) (Details) (USD $)	1 Months Ended	6 Months Ended
In Thousands, except Share data, unless otherwise specified	Nov. 26, 2013	Jun. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Shares issued during period, issued for cash	2,852,000	'
Purchase price per share	$7	'
Issuance of common shares, net of issuance expenses	$18,000	'
Proceeds from exercise of warrants	'	$109
Weighted average fair value of options granted	'	$5.40
Exercise of over-allotment option [Member]	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Shares issued during period, issued for cash	372,000	'
Warrants [Member]	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Warrants Exercised	'	226,967
Shares issued from warrants exercised	'	226,967

SHAREHOLDERS_EQUITY_Schedule_o

SHAREHOLDERS' EQUITY (Schedule of Weighted Average Assumptions) (Details)	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
SHAREHOLDERS' EQUITY [Abstract]	'	'
Risk free interest	1.16%	0.57%
Dividend yields	0.00%	0.00%
Volatility	63.00%	81.00%
Expected life (in years)	'4 years	'4 years

SHAREHOLDERS_EQUITY_Schedule_o1

SHAREHOLDERS' EQUITY (Schedule of Stock Option Activity) (Details) (USD $)	6 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Jun. 30, 2014
Number of options (in thousands)	'
Outstanding at December 31, 2013	1,715
Granted	432
Exercised	-425
Cancelled or forfeited	-17
Outstanding at June 30, 2014	1,705
Exercisable at June 30, 2014	868
Vested and expected to vest at June 30, 2014	623
Weighted average exercise price (per share)	'
Outstanding at December 31, 2013	$3.47
Granted	$11.10
Exercised	$1.56
Cancelled or forfeited	$7.36
Outstanding at June 30, 2014	$5.85
Exercisable at June 30, 2014	$2.59
Vested and expected to vest at June 30, 2014	$5.64
Weighted-average remaining contractual term (in years)	'
Outstanding at June 30, 2014	'3 years 9 months 15 days
Exercisable at June 30, 2014	'2 years 3 months 18 days
Vested and expected to vest at June 30, 2014	'3 years 8 months 12 days
Aggregate intrinsic value	'
Outstanding at June 30, 2014	$5,153
Exercisable at June 30, 2014	4,574
Vested and expected to vest at June 30, 2014	$5,129

SHAREHOLDERS_EQUITY_Schedule_o2

SHAREHOLDERS' EQUITY (Schedule of Stock-Based Compensation) (Details) (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]	'	'
Stock based compensation	$677	$306
Research and development [Member]	'	'
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]	'	'
Stock based compensation	191	132
Selling and marketing [Member]	'	'
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]	'	'
Stock based compensation	298	88
General and administrative [Member]	'	'
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]	'	'
Stock based compensation	$188	$86

FINANCIAL_EXPENSES_NET_Details

FINANCIAL EXPENSES, NET (Details) (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013
Financial income:	'	'
Revaluation of liabilities presented at fair value	($253)	($63)
Exchange rate differences and other	-34	-22
Total financial income	-287	-85
Financial expenses:	'	'
Interest	6	5
Exchange rate differences and other	129	99
Accretion of contingent payment obligation	341	66
Total financial expenses	476	170
Financial expenses, net	$189	$85