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NOTE 10 - NET INCOME (LOSS) PER SHARE
9 Months Ended
Sep. 30, 2013
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
NOTE 10 – NET INCOME (LOSS) PER SHARE

We compute Net Income (Loss) per Share based on the weighted average number of common shares outstanding for the period.  Diluted Net Loss per Share reflects the maximum dilution that would have resulted from incremental common shares issuable upon the exercise of stock options.  We compute the number of common share equivalents, which includes stock options, using the treasury stock method. We have excluded stock options to acquire 158,725 and 691,000 shares for the three and nine months ended September 30, 2013, respectively, and 693,000 shares for the three and nine months ended September 30, 2012, respectively, from the computation of the dilutive stock options because the effect of including the stock options would have been anti-dilutive.

On April 30, 2012, we completed a 3-for-2 stock split. All prior periods have been adjusted to reflect the impact of the stock split, including the impact on basic and diluted net loss per share.

The following table sets forth the computation of basic and diluted net loss per common share for the three and nine months ended September 30, 2013 and 2012: 

   
For the Three Months
   
For the Nine Months
 
   
Ended September 30,
   
Ended September 30,
 
   
2013
   
2012
   
2013
   
2012
 
Net Income (Loss)
 
$
109
   
$
(1,228
 
$
(1,560
)
 
$
(2,399
)
                                 
Weighted-average shares of common
stock outstanding
   
5,929,000
     
5,245,000
     
5,565,000
     
4,976,000
 
Dilutive effect of employee stock
options  
   
  288,000
     
                    -
     
                    -
     
                    -
 
Weighted average shares for diluted net
income (loss) per share
   
6,217,000
     
5,245,000
     
5,565,000
     
4,976,000
 
Basic net income (loss) per share
 
$
0.02
   
$
(0.23
 
$
(0.28
)
 
$
(0.48
)
Diluted net income (loss) per share
 
$
0.02
   
$
(0.23
 
$
(0.28
)
 
$
(0.48
)