NOTE 8 – LOSS PER SHARE

The following schedule shows the calculation of loss per share for the periods presented (in thousands, except per-share amounts).



	Quarter Ended				Two Quarters Ended
		February 28,		February 28,		February 28,		February 28,
		2019		2018		2019		2018
Numerator for basic and
diluted loss per share:
Net loss	$	(3,517)	$	(2,740)	$	(4,874)	$	(5,132)

Denominator for basic and
diluted loss per share:
Basic weighted average shares
outstanding		13,937		13,867		13,927		13,796
Effect of dilutive securities:
Stock options and other
stock-based awards		-		-		-		-
Diluted weighted average
shares outstanding		13,937		13,867		13,927		13,796

EPS Calculations:
Net loss per share:
Basic and diluted	$	(0.25)	$	(0.20)	$	(0.35)	$	(0.37)

Since we incurred a net loss for the quarter and two quarters ended February 28, 2019, no potentially dilutive securities are included in the calculations of diluted loss per share because such effect would be anti-dilutive. The number of dilutive stock options and other stock-based awards for the quarter ended February 28, 2019 would have been approximately 214,000 shares.