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NOTE 9 - NET LOSS PER SHARE
3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
NOTE 9 – NET LOSS PER SHARE

We compute net 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 772,000 and 677,000 shares as of March 31, 2014 and 2013, respectively, from the computation of the dilutive stock options because the effect of including the stock options would have been anti-dilutive.

The following table sets forth the computation of basic and diluted net loss per common share for the three months ended March 31, 2014 and 2013: 

   
Three Months
   
Three Months
 
   
Ended March 31,
   
Ended March 31,
 
   
2014
   
2013
 
Net loss
   
(530
)
   
(1,100
)
Weighted-average shares of common stock outstanding
   
5,970,870
 
   
5,261,000
 
                 
Basic and diluted net loss per share
   
(0.09
)
   
(0.21
)