XML 45 R14.htm IDEA: XBRL DOCUMENT v2.4.0.8
NOTE 9 - NET INCOME (LOSS) PER SHARE
6 Months Ended
Jun. 30, 2014
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
NOTE 9 – 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 income (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 100,000 and 620,000 shares for the three and six months ended June 30, 2014, respectively, and 673,000 shares for the three and six months ended June 30, 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 and six months ended June 30, 2014 and 2013: 

   
For the Three Months
   
For the Six Months
 
   
Ended June 30,
   
Ended June 30,
 
   
2014
   
2013
   
2014
   
2013
 
Net income (loss)
 
$
15
   
$
(569
 
$
(515
)
 
$
(1,669
)
                                 
Weighted-average shares of common stock outstanding
   
5,979,000
     
5,497,000
     
5,975,000
     
5,380,000
 
Dilutive effect of employee stock options  
   
  385,000
     
                    -
     
                    -
     
                    -
 
Weighted average shares for diluted net income (loss) per share
   
6,364,000
     
5,497,000
     
5,975,000
     
5,380,000
 
Basic net income (loss) per share
 
$
0.00
   
$
(0.10
 
$
(0.09
)
 
$
(0.31
)
Diluted net income (loss) per share
 
$
0.00
   
$
(0.10
 
$
(0.09
)
 
$
(0.31
)