Note 4 - Loss Per Share

3 Months Ended

Mar. 31, 2012

Earnings Per Share [Text Block]

4.  Loss Per Share

A reconciliation of the numerator and denominator of basic and diluted (loss) income per share is provided as follows, in thousands, except per share amounts:

	Three-Months Ended March 31,
	2012			2011
Numerator for basic and diluted loss per share attributable to Digital Angel Corporation:
Loss from continuing operations	$	(943	)	$	(2,395	)
(Loss) income from discontinued operations		(2,854	)		779
Net loss attributable to common stockholders	$	(3,797	)	$	(1,616	)
Denominator for basic and diluted (loss) income per share attributable to Digital Angel Corporation:
Basic and diluted weighted-average shares outstanding (1)		29,875			29,651
(Loss) income per share attributable to Digital Angel Corporation — basic and diluted:
Continuing operations	$	(0.03	)	$	(0.08	)
Discontinued operations		(0.10	)		0.03
Total — basic and diluted	$	(0.13	)	$	(0.05	)

(1) The following stock options, warrants and restricted stock outstanding as of March 31, 2012 and 2011 were not included in the computation of dilutive loss per share because the net effect would have been anti-dilutive.  (The warrants outstanding at March 31, 2011 were repurchased during 2011 as more fully discussed in Note 4 to our Annual Report on Form 10-K for the year ended December 31, 2011): 

	March 31,
	2012		2011
	(in thousands)
Stock options		2,462		2,564
Warrants		—		9,504
Restricted stock		11		188
Total		2,473		12,256