NET LOSS PER SHARE

12 Months Ended

Dec. 31, 2013

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

NOTE 11 - NET LOSS PER SHARE

	December 31,
Basic and diluted loss per share	2011		2012		2013
Net loss	$	(4,040,000)	$	(2,592,000)	$	(7,499,000)
Weighted-average common shares outstanding - basic and diluted		11,162,000		11,744,000		11,912,000
Net loss per share - basic and diluted	$	(0.36)	$	(0.22)	$	(0.63)

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. Dilutive potential common shares include outstanding stock options, warrants and restricted stock and performance share awards. For the years ended December 31, 2011, 2012 and 2013, the basic and diluted weighted-average shares outstanding are the same, since the effect from the potential exercise of outstanding stock options, warrants and vesting of restricted stock and performance shares of 2,823,000, 3,095,000 and 3,124,000, respectively, would have been anti-dilutive. The SOW#2 warrants also have no impact on diluted loss per share since they are considered unissued as of December 31, 2013.