STOCK COMPENSATION EXPENSE

3 Months Ended

Mar. 31, 2015

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Disclosure of Compensation Related Costs, Share-based Payments [Text Block]

6. STOCK COMPENSATION EXPENSE

During the three month period ending March 31, 2015, no stock options, free share awards or warrants were granted by the Company.

Net income (loss) before and after stock-based compensation is as follows:

	Three months ended
(in thousands except per share data)	March 31,
	2014		2015
Net income (loss)	$	(26,638)	$	11,647
Net income (loss) per share
Basic	$	(0.94)	$	0.29
Diluted	$	(0.94)	$	0.27
Number of shares used for computing
(weighted average)
Basic		28,312		40,207
Diluted		28,312		42,879
Stock-based compensation (ASC 718)
Cost of products and services sold		10		0
Research  and development		343		459
Selling, general and administrative		419		1,292
Total		772		1,751
Net income (loss) before stock-based compensation		(25,866)		13,398
Net income (loss) before stock-based compensation per share
Basic	$	(0.91)	$	0.33
Diluted	$	(0.91)	$	0.31