v2.4.0.6
Net Loss Per Share
 6 Months Ended
Jun. 30, 2012
Net Loss Per Share [Abstract]  
NET LOSS PER SHARE

NOTE 11 — NET LOSS PER SHARE

The table below sets forth the reconciliation of the basic and diluted net loss per share computations:

 

                                 
    Three Months Ended     Six Months Ended  
    June 30,
2012		     June 25,
2011		     June 30,
2012		     June 25,
2011		  

Shares used in computing basic net loss per share

     17,128,000       17,120,000       17,124,000       17,120,000  

Dilutive effect of options and warrants

     —         —         —         —    
   

 

 

    

 

 

    

 

 

    

 

 

  

Shares used in computing diluted net loss per share

     17,128,000       17,120,000       17,124,000       17,120,000  
   

 

 

    

 

 

    

 

 

    

 

 

  

For the three and six months ended June 30, 2012, options to purchase 620,125 shares of common stock at exercise prices ranging from $1.17 to $7.37 per share and warrants to purchase 75,000 shares at an exercise price of $0.10 per share were outstanding but were not included in the computation of diluted net loss per share as the result would be anti-dilutive. For the three and six months ended June 25, 2011, options to purchase 694,875 shares of common stock at exercise prices ranging from $1.17 to $7.37 per share were outstanding but were not included in the calculation of diluted net loss per share as the result would be anti-dilutive.