Note 6 - Net Loss Per-share

3 Months Ended

Mar. 31, 2020

Note

- Net

Loss

Per-Share

Basic and diluted loss per share are based on the weighted average number of shares of common stock and potential common stock outstanding during the period. Potential common stock, for the purposes of determining diluted income (loss) per share, includes the effects of dilutive unvested restricted stock, options to purchase common stock and convertible securities. The effect of such potential common stock is computed using the treasury stock method or the if-converted method, as applicable.

The following table presents a reconciliation of the numerators and denominators of the basic and diluted income (loss) per share computations for net income (loss). In the table below, net income (loss) represents the numerator and shares represents the denominator (in thousands except per share amounts; unaudited).

	Three Months Ended March 31 ,
	20 20			201 9

Basic net income (loss) per share :
Numerator:
Net income (loss)	$	(368	)	$	(31	)
Denominator:
Weighted-average shares of common stock outstanding		17,728			17,710
Basic net income (loss) per share	$	(0.02	)	$	0.00

Diluted net income (loss) per share :
Numerator:
Net income (loss)	$	(368	)	$	(31	)
Less interest expense on convertible debt		-			-
	$	(368	)	$	(31	)
Denominator:
Weighted-average shares of common stock outstanding		17,728			17,710
Dilutive options and warrants outstanding		-			-
Number of shares used in diluted per-share computation		17,728			17,710

Diluted net income (loss) per share	$	(0.02	)	$	0.00

For the

three

-month periods ended

March 31, 2020

and

2019

potentially dilutive shares of

4,740,000

and

4,223,000

were excluded from the calculation of dilutive shares because their effect would have been anti-dilutive.