LOSS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2022

LOSS PER SHARE

Schedule of computation of basic and diluted (loss) per common share

The following table sets forth the elements of basic and diluted loss per common share:

	Three months ended
	March 31,
	2022		2021
Numerator for basic and diluted loss per common share:
Net loss	$	(618,000)	$	(307,000)
Denominator:
Denominator for basic loss per share - weighted average common shares outstanding		3,169,000		3,169,000
Dilutive securities (1)		—		—
Denominator for diluted loss per share - weighted average common shares outstanding		3,169,000		3,169,000

Schedule of weighted average of anti-dilutive stock options

At March 31, 2022, and 2021, there were outstanding stock options whose exercise prices were higher than the average market values of the underlying Common Stock for the period. The weighted average of anti-dilutive stock options outstanding was as follows:

	Three months ended
	March 31,
	2022	2021
Weighted average anti-dilutive stock options outstanding	135,000	141,000