Net Income /(Loss) Per Share

12 Months Ended

Dec. 31, 2013

Earnings Per Share [Abstract]

Net Income /(Loss) Per Share

NOTE 13 - NET INCOME/ (LOSS) PER SHARE

Basic income/(loss) per share is computed by dividing net income/(loss) by the weighted average common shares outstanding during a period. Diluted income/(loss) per share is based on the treasury stock method and includes the dilutive effect of stock options outstanding during the period. Common share equivalents have been excluded where their inclusion would be anti-dilutive. The average stock option price of options outstanding at the year- end exceeds the market value. As a result of this and the losses from continuing operations incurred by the Company in 2013, the potentially dilutive common shares have been excluded because their inclusion would have been anti-dilutive.

NUMERATOR:
Net income/(loss)	$	(392	)	$	94
DENOMINATOR:
Basic weighted average common shares outstanding		10,703			10,688
Effect of dilutive securities:
Dilutive stock options and warrants		-			-
Diluted weighted average common shares outstanding		10,703			10,688
Basic (loss)/earnings per share		(0.04	)		0.01
Diluted (loss)/earnings per share		(0.04	)		0.01

The following table shows the common stock equivalents that were outstanding as of December 31, 2013 and 2012, but were not included in the computation of diluted earnings per share as a result of the loss incurred by the Company:

	Number of Shares		Range of Exercise Price Per Share
Anti-dilutive common stock options:
As of December 31, 2013		351,000		$ 1.31 - 7.50
As of December 31, 2012		449,000		$ 1.31 - 7.50