v2.4.0.8

C. EARNINGS PER SHARE | 12 Months Ended
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Dec. 31, 2013
Earnings Per Share [Abstract] |
EARNINGS PER SHARE | Basic net loss per share has been computed using the weighted-average number of shares of common stock outstanding during the period. Diluted net loss per share has been computed using the weighted-average number of shares of common stock and dilutive potential common shares from options, restricted stock units and warrants outstanding during the period. In periods with net losses, normally dilutive shares become anti-dilutive. Therefore, basic and dilutive earnings per share are the same. The following table presents the calculation of basic and diluted EPS:
|  | Year ended December 31, |
|  | 2013 |  |  | 2012 |  |  | 2011 |
|  | (in thousands, except per share data) |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |
Net loss |  | $ | (1,406 | ) |  | $ | (945 | ) |  | $ | (5,328 | )
Denominator: |  |  |  |  |  |  |  |  |  |  |  |
Weighted average shares used to compute net loss per share |  |  |  |  |  |  |  |  |  |  |  |
Basic and diluted |  |  | 9,965 |  |  |  | 266 |  |  |  | 264 |
Net loss per share |  |  |  |  |  |  |  |  |  |  |  |
Basic and diluted |  | $ | (0.14 | ) |  | $ | (3.56 | ) |  | $ | (20.21 | )
The following potentially dilutive securities were excluded from the computation of diluted net loss per share as their effect would have been antidilutive:
|  | 2013 |  |  | 2012 |  |  | 2011 |
|  |  |  |  | (in thousands) |  |  |  |
Employee stock options |  |  | 595 |  |  |  | 419 |  |  |  | 377 |
Preferred stock warrants |  |  | 33 |  |  |  | 96 |  |  |  | 122 |
Restricted stock units |  |  | 33 |  |  |  | – |  |  |  | – |
|  |  | 661 |  |  |  | 515 |  |  |  | 499 |

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