Note 4 - Loss Per Share

3 Months Ended

Sep. 30, 2014

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

NOTE 4 – LOSS PER SHARE

Basic loss per share has been computed by dividing net loss by the weighted average number of common shares outstanding.  Diluted loss per share has not been computed as the effect is antidilutive.

The following table sets forth the computation of basic and diluted net loss per share for the periods indicated:

	Three Months Ended September 30,
	2014			2013
In thousands (except per share amounts):
Net loss (a)	$	(322	)	$	(2,527	)
Weighted average outstanding shares of common stock (b)		12,253			12,253
Dilutive potential common shares from employee stock options		-			-
Common stock and common stock equivalents (c)		12,253			12,253
Loss per share:
Basic net loss per share (a)/(b)	$	(0.03	)	$	(0.21	)
Diluted net loss per share (a)/(c)	$	(0.03	)		(0.21	)