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Note 13 - Net Income Per-share
12 Months Ended
Dec. 31, 2019
Notes to Financial Statements  
Earnings Per Share [Text Block]
Note
13
– Net Income Per-Share
 
Basic and diluted income per share are based on the weighted average number of shares of common stock and potential common stock outstanding during the period. Potential common stock, for the purpose of determining diluted income per share, includes the effects of dilutive unvested restricted stock, options to purchase common stock and convertible securities. The effect of such potential common stock is computed using the treasury stock method or the if-converted method, as applicable.
 
The following table presents a reconciliation of the numerators and denominators of the basic and diluted income per share computations for income from continuing operations. In the table below, income represents the numerator and shares represent the denominator (in thousands except per share amounts):
 
   
Years
Ended
December 31
,
 
   
201
9
   
201
8
 
                 
Basic net income per share
:
 
 
 
 
 
 
 
 
Numerator:
               
Net income
  $
126
    $
2,437
 
Denominator:
               
Weighted-average shares of common stock outstanding
   
17,358
     
15,532
 
Basic net income per share
  $
0.01
    $
0.16
 
                 
Diluted net income per share
:
 
 
 
 
 
 
 
 
Numerator:
               
Net income
  $
126
    $
2,437
 
Plus interest expense on convertible debt
   
-
     
-
 
    $
126
    $
2,437
 
Denominator:
               
Weighted-average shares of common stock outstanding
   
17,358
     
15,532
 
Dilutive options and warrants outstanding
   
3,576
     
3,147
 
Effect of conversion of convertible notes
   
-
     
-
 
Number of shares used in diluted per-share computation
   
20,934
     
18,679
 
                 
Diluted net income per share
  $
0. 01
    $
0.13