NOTE 7 – LOSS PER SHARE

The following schedule shows the calculation of loss per share for the periods presented (in thousands, except per-share amounts).



	Quarter Ended
		November 30,		November 30,
		2018		2017
Numerator for basic and
diluted loss per share:
Net loss	$	(1,357)	$	(2,392)

Denominator for basic and
diluted loss per share:
Basic weighted average shares
outstanding		13,917		13,725
Effect of dilutive securities:
Stock options and other
stock-based awards		-		-
Diluted weighted average
shares outstanding		13,917		13,725

EPS Calculations:
Net loss per share:
Basic and diluted	$	(0.10)	$	(0.17)

Since we incurred a net loss for the quarter ended November 30, 2018, no potentially dilutive securities are included in the calculation of diluted loss per share because such effect would be anti-dilutive. The number of dilutive stock options and other stock-based awards for the quarter ended November 30, 2018 would have been approximately 183,000 shares.