5. Calculation of Basic and Diluted Earnings per Share (Tables)

3 Months Ended

Mar. 31, 2017

Income (Loss) per common share:

Schedule of Computation of Basic and Diluted Earnings Per Share

(in thousands, except per share amounts)		Three Months Ended March 31,
		2017		2016
Numerator:
Net (Loss) Income - basic and diluted	$	(132)	$	244
Denominator:
Denominator for basic (loss) earnings per share - weighted-average shares		3,542		3,014
Effect of dilutive securities:
Employee stock options		-		1
Warrants		-		172
Dilutive potential common shares		-		173
Denominator for diluted (loss) earnings per share - weighted-average shares and assumed conversions		3,542		3,187
Basic and diluted (loss) earnings per common share	$	(0.04)	$	0.08