NOTE 1: - GENERAL (Tables)
|
12 Months Ended |
Dec. 31, 2012
|
Assets and Liabilities [Member]
|
|
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block] |
The assets and liabilities of the discontinued operation after
impairment of the discontinued operation are shown below.
ASSETS
AND LIABILITIES – DISCONTINUED
|
|
December
31,
|
|
|
|
2012
|
|
|
2011
|
|
ASSETS
|
|
|
|
|
|
|
CURRENT
ASSETS:
|
|
|
|
|
|
|
Cash
and cash equivalents
|
|
$
|
106,548
|
|
|
$
|
74,945
|
|
Restricted
collateral deposits
|
|
|
44,827
|
|
|
|
193,488
|
|
Trade
receivables
|
|
|
164,824
|
|
|
|
2,131,599
|
|
Other
accounts receivable and prepaid expenses
|
|
|
73,073
|
|
|
|
133,149
|
|
Inventories
|
|
|
–
|
|
|
|
3,499,444
|
|
Total
current
assets
|
|
|
389,272
|
|
|
|
6,032,625
|
|
LONG
TERM ASSETS:
|
|
|
|
|
|
|
|
|
Severance
pay fund
|
|
|
–
|
|
|
|
683,883
|
|
Total
long term assets
|
|
|
–
|
|
|
|
683,883
|
|
Total
assets
|
|
$
|
389,272
|
|
|
$
|
6,716,508
|
|
LIABILITIES
|
|
|
|
|
|
|
|
|
CURRENT
LIABILITIES:
|
|
|
|
|
|
|
|
|
Trade
payables
|
|
$
|
75,862
|
|
|
$
|
4,165,367
|
|
Other
accounts payable and accrued expenses
|
|
|
453,443
|
|
|
|
2,250,584
|
|
Current
portion of long term debt (building mortgage)
|
|
|
59,287
|
|
|
|
401,600
|
|
Deferred
revenues
|
|
|
–
|
|
|
|
489,416
|
|
Total
current liabilities
|
|
|
588,592
|
|
|
|
7,306,967
|
|
LONG
TERM LIABILITIES
|
|
|
|
|
|
|
|
|
Long
term debt (building mortgage)
|
|
|
912,813
|
|
|
|
963,814
|
|
Total
long-term liabilities
|
|
|
912,813
|
|
|
|
963,814
|
|
Total
liabilities
|
|
$
|
1,501,405
|
|
|
$
|
8,270,781
|
|
|
Revenue and Expenses [Member]
|
|
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block] |
The revenues and expenses of the discontinued operation are
shown below.
REVENUE
AND EXPENSES – DISCONTINUED
|
|
December
31,
|
|
|
|
2012
|
|
|
2011
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
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|
|
|
|
|
|
|
|
|
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|
Research
and development expenses
|
|
|
|
|
|
|
|
|
Selling
and marketing expenses
|
|
|
|
|
|
|
|
|
General
and administrative expenses
|
|
|
|
|
|
|
|
|
Impairment
of long lived assets
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|
|
|
|
|
|
|
|
Amortization
of intangible assets
|
|
|
|
|
|
|
|
|
Total
operating costs and expenses
|
|
|
|
|
|
|
|
|
|
|
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|
|
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|
|
|
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|
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|
|
|
|
|
|
|
|
|
|
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|
|
|
|
|
|
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|
|
|
|
|
|
|
|
|
|
|
|
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|
Loss
from affiliated company
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loss
before income tax benefit
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
Loss
on sale, net of $0 income taxes
|
|
|
|
|
|
|
|
|
|
Non-Recurring Charges [Member]
|
|
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block] |
The list of unusual expenses relating to the discontinued
operation are shown below.
Non-recurring
charges related to discontinued
operations
|
|
Year
Ended December 31, 2011
|
|
Impairment
of goodwill and intangibles
|
|
$
|
1,792,339
|
|
Impairment
of property and equipment, net
|
|
|
1,487,219
|
|
Write
off of affiliated company loan and investment
|
|
|
269,453
|
|
Adjustments
to severance - Israel
|
|
|
301,876
|
|
Total
|
|
$
|
3,850,887
|
|
|