Annual report pursuant to Section 13 and 15(d)

LOSS PER SHARE

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LOSS PER SHARE
12 Months Ended
Dec. 31, 2020
Net Loss Per Share:  
NOTE D - LOSS PER SHARE

Basic Loss per share is calculated by dividing the net loss by the weighted average number of outstanding common shares during the period. Diluted per share data included the dilutive effects of stock options and restricted stock units. Potential shares of 662,500 and 945,000 at December 31, 2020 and 2019, respectively, consist of options and restricted stock units. Computations of basic and diluted weighted average common shares outstanding are as follows:

    2020     2019  
             
Weighted-average common shares outstanding – basic     24,011,354       23,978,774  

Dilutive effect of stock options and restricted stock units

   

 

   

 

        ―

                 
Weighted-average common shares outstanding – diluted     24,011,354       23,978,774  
                 
Stock option and restricted stock units excluded from the computation of diluted income per share because the effect of inclusion would have been anti-dilutive     662,500       945,000