7. Income (Loss) per Share

3 Months Ended

Mar. 31, 2013

Notes to Financial Statements

NOTE 7 - Income (Loss) per Share

The following table sets forth the computation of basic and diluted income (loss) per share:

	Three Months Ended
	March 31, 2013		March 31, 2012
Numerator:
Net income (loss) (numerator for basic and diluted earnings per share)	$	405	$	(401	)
Denominator:
Denominator for basic earnings per share weighted average shares		13,545,482		13,533,949
Effect of dilutive securities:
Options		10,887		-
Denominator
Denominator for diluted earnings per share weighted average shares		13,556,369		13,533,949
Basic income (loss) per share	$	0.03	$	(0.03	)
Diluted income (loss) per share	$	0.03	$	(0.03	)

A total of 533,444 shares related to options are not included in the computation of diluted income (loss) per share for the three months ended March 31, 2012, because to do so would have been anti-dilutive for this period.