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NET LOSS PER SHARE OF COMMON STOCK
9 Months Ended
Sep. 30, 2011
Earnings Per Share [Abstract] 
Earnings Per Share [Text Block]
NOTE 12 — NET LOSS PER SHARE OF COMMON STOCK
 
Net loss per share for the three- and nine-month periods ended September 30, 2010 and 2011 are as follows:
 
   
Three Months Ended
    
Nine Months Ended
  
   
September 30,
    
September 30,
  
   
2010
    
2011
    
2010
    
2011
  
Basic and diluted loss per share
                        
Net loss
  
$
(1,858,000
)
  
$
(214,000
)
  
$
(9,947,000
)
  
$
(4,022,000
)
                                 
Weighted-average shares outstanding
    
11,138,000
      
11,173,000
      
11,170,000
      
10,969,000
  
                                 
Basic and diluted net loss per share
  
$
(0.17
)
  
$
(0.02
)
  
$
(0.89
)
  
$
(0.37
)
 
Basic loss per share is calculated by dividing net loss by the weighted-average number of common shares outstanding during the period. Diluted loss per share reflects the potential dilution assuming common shares were issued upon the exercise of outstanding options and the proceeds thereof were used to purchase outstanding common shares. The Company has revised the weighted-average shares to exclude the restricted shares. There was no impact on loss per share during the periods. For the three- and nine-month periods ended September 30, 2010, the basic and diluted weighted-average shares outstanding are the same, since the effect from the potential exercise of an aggregate of 2,980,000 outstanding stock options and restricted stock awards would have been anti-dilutive. For the three- and nine-month periods ended September 30, 2011, the basic and diluted weighted-average shares outstanding are the same, since the effect from the potential exercise of an aggregate of 3,652,000 outstanding stock options, restricted stock and warrants would have been anti-dilutive.