Annual report pursuant to Section 13 and 15(d)

NOTE 15: - SELECTED STATEMENTS OF OPERATIONS DATA (Tables)

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NOTE 15: - SELECTED STATEMENTS OF OPERATIONS DATA (Tables)
12 Months Ended
Dec. 31, 2012
Schedule of Other Nonoperating Income (Expense) [Table Text Block]
Financial income (expense), net:

   
Year ended December 31,
 
   
2012
   
2011
 
Financial expenses:
           
Interest, bank charges and fees
  $ (588,678 )   $ (350,330 )
Debt discount amortization
          (39,351 )
Foreign currency transaction differences
    (9,701 )     (279,190 )
Other
    (15,668 )     (4,473 )
Total financial expenses
    (614,047 )     (673,344 )
                 
Financial income:
               
Interest
          114,925  
Foreign currency transaction differences
    66,061       208  
Change in derivative values
          226,954  
Other
          251  
Total financial income
    66,061       342,338  
                 
Total financial income (expense), net
  $ (547,986 )   $ (331,006 )