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NOTE 9 - NET INCOME (LOSS) PER SHARE
9 Months Ended
Sep. 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 209,000 and 728,000 shares for the three and nine months ended September 30, 2014, respectively, and 158,725 and 691,000 shares for the three and nine months ended September 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 nine months ended September 30, 2014 and 2013: 

   
For the Three Months
   
For the Nine Months
 
   
Ended September 30,
   
Ended September 30,
 
   
2014
   
2013
   
2014
   
2013
 
Net income (loss)
 
$
161
   
$
109
   
$
(354
)
 
$
(1,560
)
                                 
Weighted-average shares of common stock outstanding
   
6,008,000
     
5,929,000
     
5,986,000
     
5,565,000
 
Dilutive effect of employee stock options  
   
  276,000
     
         288,000 
     
                    -
     
                    -
 
Weighted average shares for diluted net income (loss) per share
   
6,284,000
     
6,217,000
     
5,986,000
     
5,565,000
 
Basic net income (loss) per share
 
$
0.03
   
$
0.02
   
$
(0.06
)
 
$
(0.28
)
Diluted net income (loss) per share
 
$
0.03
   
$
0.02
   
$
(0.06
)
 
$
(0.28
)