(in thousands except per share data)

Three months ended March 31,

2014

2013

Numerator:

Net loss

$

(1,374

)

$

(1,959

)

Denominator:

Denominator for basic earnings per share – weighted- average shares

14,915

14,762

Effect of dilutive securities:

Equivalent shares issuable upon conversion of unvested restricted stock

-

Equivalent shares issuable upon conversion of unvested employee stock options

-

Denominator for diluted earnings per share – adjusted weighted-average shares and assumed conversions

14,915

14,762

Basic and diluted loss per share:

$

(0.09

)

$

(0.13

)