Quarterly report pursuant to Section 13 or 15(d)

Note 9 - Loss Per Share

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Note 9 - Loss Per Share
9 Months Ended
Sep. 30, 2018
Notes to Financial Statements  
Earnings Per Share [Text Block]
9
.
Loss
Per Share
 
Basic loss per share is computed by dividing net loss by the weighted average number of common shares outstanding during the period. Diluted loss per share assumes the issuance of potentially dilutive shares of common stock during the period. The following table reconciles the numerators and denominators of the basic and diluted loss per share computations:
 
   
Three Months Ended September 30
   
Nine Months Ended September 30
 
Numerator:
 
2018
   
2017
   
2018
   
2017
 
Net loss
(in thousands)
  $
(519
)   $
(129
)   $
(820
)   $
(2,713
)
Denominator:
                               
Weighted average common shares outstanding:
                               
Basic
   
20,672,688
     
22,755,976
     
22,043,213
     
22,725,806
 
Dilutive effect of non-vested awards
   
-
     
-
     
-
     
-
 
Diluted
   
20,672,688
     
22,755,976
     
22,043,213
     
22,725,806
 
Net loss per share:
                               
Basic and diluted
  $
(0.03
)   $
(0.01
)   $
(0.04
)   $
(0.12
)
 
For both the
three
and
nine
months ended
September 30, 2018,
0.1
million of stock options were
not
included in the calculation because they would have an anti-dilutive effect, compared to
0.7
million and
0.6
million, respectively, for the same prior year periods.