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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) (USD $)
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3 Months Ended | |
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Mar. 31, 2015
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Mar. 31, 2014
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| Revenues | $ 24,226,708us-gaap_Revenues | $ 22,382,800us-gaap_Revenues |
| Cost of revenues | 17,329,479us-gaap_CostOfGoodsAndServicesSold | 15,043,311us-gaap_CostOfGoodsAndServicesSold |
| Research and development expenses | 1,094,264us-gaap_ResearchAndDevelopmentExpense | 995,513us-gaap_ResearchAndDevelopmentExpense |
| Selling and marketing expenses | 1,225,416us-gaap_SellingAndMarketingExpense | 1,431,768us-gaap_SellingAndMarketingExpense |
| General and administrative expenses | 4,543,893us-gaap_GeneralAndAdministrativeExpense | 3,538,673us-gaap_GeneralAndAdministrativeExpense |
| Amortization of intangible assets | 860,773us-gaap_AmortizationOfIntangibleAssets | 74,119us-gaap_AmortizationOfIntangibleAssets |
| Total operating costs and expenses | 25,053,825us-gaap_CostsAndExpenses | 21,083,384us-gaap_CostsAndExpenses |
| Operating income (loss) | (827,117)us-gaap_OperatingIncomeLoss | 1,299,416us-gaap_OperatingIncomeLoss |
| Other income | 911,429us-gaap_OtherNonoperatingIncomeExpense | 32,113us-gaap_OtherNonoperatingIncomeExpense |
| Financial (expense) income, net | (327,608)artx_FinancialIncomeExpenseNet | (119,001)artx_FinancialIncomeExpenseNet |
| Total other income (expense) | 583,821us-gaap_NonoperatingIncomeExpense | (86,888)us-gaap_NonoperatingIncomeExpense |
| Income (loss) before income tax expense | (243,296)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments | 1,212,528us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments |
| Income tax expense | 239,381us-gaap_IncomeTaxExpenseBenefit | 198,436us-gaap_IncomeTaxExpenseBenefit |
| Net income (loss) | (482,677)us-gaap_NetIncomeLoss | 1,014,092us-gaap_NetIncomeLoss |
| Other comprehensive income, net of income tax: | ||
| Foreign currency translation adjustment | (245,514)us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax | (46,083)us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax |
| Comprehensive income (loss) | $ (728,191)us-gaap_ComprehensiveIncomeNetOfTax | $ 968,009us-gaap_ComprehensiveIncomeNetOfTax |
| Basic net income (loss) per share (in Dollars per share) | $ (0.02)us-gaap_EarningsPerShareBasic | $ 0.05us-gaap_EarningsPerShareBasic |
| Diluted net income (loss) per share (in Dollars per share) | $ (0.02)us-gaap_EarningsPerShareDiluted | $ 0.05us-gaap_EarningsPerShareDiluted |
| Weighted average number of shares used in computing basic net income (loss) per share (in Shares) | 23,305,679us-gaap_WeightedAverageNumberOfSharesOutstandingBasic | 19,572,668us-gaap_WeightedAverageNumberOfSharesOutstandingBasic |
| Weighted average number of shares used in computing diluted net income (loss) per share (in Shares) | 23,305,679us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding | 20,175,408us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding |
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- Definition
Interest income and expense, foreign currency gain or loss, gain or loss on sale of assets, and other financing related expenses. No definition available.
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- Definition
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total costs of sales and operating expenses for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Sum of operating profit and nonoperating income or expense before Income or Loss from equity method investments, income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition
Amount after tax and reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The net amount of other income and expense amounts, the components of which are not separately disclosed on the income statement, resulting from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business) also known as other nonoperating income (expense) recognized for the period. Such amounts may include: (a) dividends, (b) interest on securities, (c) net gains or losses on securities, (d) unusual costs, (e) gains or losses on foreign exchange transactions, and (f) miscellaneous other income and expense items. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate total amount of expenses directly related to the marketing or selling of products or services. No definition available.
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- Definition
The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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