NOTE 10 - SHARE-BASED COMPENSATION (Tables)

12 Months Ended

Dec. 31, 2016

Note 10 - Share-based Compensation Tables

Impact on operations of recording share-based compensation

	Year Ended December  31,
	2016	2015
(in thousands)
Cost of goods sold	$13	$13
Research and development	106	76
Selling, general and administrative	401	346
Total share-based compensation	$520	$435
Impact on net income per share:
Basic	($0.07)	($0.05)
Diluted	($0.06)	($0.05)

Stock option grants

	2016			2015
	Options	Weighted-Average Exercise Price	Weighted-Average Remaining Contractual Life in Years	Options	Weighted-Average Exercise Price	Weighted-Average Remaining Contractual Life in Years
Outstanding at beginning of year	574,000	$2.97		606,187	$3.02
Granted	-	0.00		-	0.00
Exercised	(130,000)	2.38		(20,625)	3.03
Cancelled, Expired or
Forfeited	(68,000)	4.25		(11,562)	5.39
Outstanding at end of year	376,000	$2.95	1.67	574,000	$2.97	2.40
Vested or expected to vest at the end of the period	375,055	$2.96	1.67	564,527	$2.99	2.39
Exercisable at end of year	357,250	$3.00	1.62	467,126	$3.19	2.24

Restricted stock award including performance-based stock award activity under our share-based compensation plan

	2016		2015
	Awards	Weighted - Average Grant Date Fair Value	Awards	Weighted - Average Grant Date Fair Value
Outstanding at beginning of year	389,100	$2.86	320,900	$2.57
Granted	227,100	2.61	193,800	3.16
Vested	(148,100)	2.72	(109,250)	2.58
Cancelled	(3,250)	2.73	(16,350)	2.60
Outstanding at end of year	464,850	$2.78	389,100	$2.86

Unvested options grants and restricted stock awards

	December 31, 2016	December 31, 2015
Unamortized future compensation expense	$1,093,144	$1,028,961
Remaining weighted average amortization period in years	2.53	2.59