Quarterly report pursuant to Section 13 or 15(d)

Note 5 - Loss Per Share

Note 5 - Loss Per Share

3 Months Ended

Mar. 31, 2015

5.	Loss Per Share

Basic loss per share is calculated based on the weighted-average number of outstanding common shares during the applicable period. Diluted loss per share is based on the weighted-average number of outstanding common shares plus the weighted-average number of potential outstanding common shares. Loss per share is computed separately for each period presented.

The diluted loss per share calculations exclude options to purchase approximately 185,800 and 316,800 shares of common stock for the three months ended March 31, 2015 and 2014, respectively, because their effect would have been antidilutive as a result of the net losses recorded in these periods for continuing operations.

- Definition

The entire disclosure for earnings per share.

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