EX-11 9 exhibit_11.htm EXHIBIT 11

exhibit_11.htm

Exhibit 11

Statement of Computation of Earnings per Share (in thousands)

Following is the data relating to the weighted average number of shares used in the computation of diluted earning (loss) per share:

		Year ended December 31,				Year ended December 31,
		2012				2011
Weighted average number of shares used in the computation of basic earnings (loss) per share			1,118				705
Weighted average number of shares used in the computation of diluted earnings (loss) per share			1,118				705
Options and warrants which were not included in the computation of diluted earnings (loss) per share due to anti-dilutive effect			294				381