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NOTE 9 - NET LOSS PER SHARE
 6 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
NOTE 9 – NET INCOME (LOSS) PER SHARE

We compute net income (loss) per share based on the weighted average number of common shares outstanding for the period.  Diluted net income (loss) per share reflects the maximum dilution that would have resulted from incremental common shares issuable upon the exercise of stock options.  We compute the number of common share equivalents, which includes stock options, using the treasury stock method. We have excluded stock options to acquire 664,000 shares for the six months ended June 30, 2016 and 685,000 shares for the six months ended June 30, 2015, respectively, from the computation of the dilutive stock options because the effect of including the stock options would have been anti-dilutive.

The following table sets forth the computation of basic and diluted net income (loss) per common share for the three and six months ended June 30, 2016 and 2015: 

 
  
For the Three Months
    
For the Six Months
  
 
  
Ended June 30,
    
Ended June 30,
  
 
  
2016
    
2015
    
2016
    
2015
  
Net income (loss)
  
$
136
    
$
95
    
$
(1,418
)
  
$
(388
)
 
                                
Weighted-average shares of common stock outstanding
    
6,294,000
      
6,066,000
      
6,292,000
      
6,061,000
  
Dilutive effect of employee stock options 
    
135,000
      
165,000
      
-
      
-
  
Weighted average shares for diluted net income (loss) per share
    
6,429,000
    
6,231,000
      
6,292,000
      
6,061,000
  
Basic net income (loss) per share
  
$
0.02
    
$
0.02
    
$
(0.23
)
  
$
(0.06
)
Diluted net income (loss) per share
  
$
0.02
    
$
0.02
    
$
(0.23
)
  
$
(0.06
)