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LOSS PER COMMON SHARE
 6 Months Ended
Jun. 30, 2014
LOSS PER COMMON SHARE

NOTE G — LOSS PER COMMON SHARE

Basic loss per common share has been computed by dividing net loss by the weighted-average number of shares of the Company’s common stock outstanding. Diluted loss per common share adjusts net loss and basic loss per common share for the effect of all potentially dilutive shares of the Company’s common stock. The calculations of basic and diluted loss per common share for the three and six month periods ended June 30, 2014 and 2013 are as follows:

 

     Three Months Ended     Six Months Ended  
   June 30,     June 30,  
     2014     2013     2014     2013  
     (in thousands, except per share amounts)  

Net loss – basic and diluted

    $ (3,202 )    $ (568 )      (6,131 )    $ (1,200 ) 

Weighted-average shares outstanding – basic and diluted

      13,483        12,808        13,379        12,784   
  

 

 

    

 

 

    

 

 

    

 

 

  

Basic and diluted loss per common share

    $ (0.24 )    $ (0.04 )    $ (0.46 )    $ (0.09 ) 
  

 

 

    

 

 

    

 

 

    

 

 

  

 

The computation of diluted loss per common share for the three months ended June 30, 2014 and 2013 excludes options to purchase 2,591,487 shares and options to purchase 2,476,800 shares, respectively. The computation of diluted loss per common share for the six months ended June 30, 2014 and 2013 excludes options to purchase 2,476,462 shares and options to purchase 2,497,790 shares, respectively. These shares were excluded due to their antidilutive effects.