Quarterly report pursuant to Section 13 or 15(d)

NATURE OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

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NATURE OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
6 Months Ended
Jun. 30, 2013
Nature Of Business And Summary Of Significant Accounting Policies Tables  
Schedule Fair Value Options

 

  SIX MONTHS ENDED JUNE 30,
       2013             2012     

Risk-free interest rates

Expected option life in years

Expected stock price volatility

Expected dividend yield

0.78-1.24%

 5 years

43.54%-44.31%

-0-

 

0.71-0.89%

5 years

45.86%

- 0 -

  

Schedule Earnings Per Share

 

   

Six Months Ended

 June 30,

   

Three Months Ended

 June 30,

 
    2013     2012     2013     2012  
                         
Weighted-average common shares outstanding – basic     25,098,074       25,595,913       25,181,736       26,192,920  
Dilutive effect of options and warrants     2,298,340       3,133,343       1,905,325       2,627,009  
Weighted-average common shares outstanding – diluted     27,396,414       28,729,256       27,087,061       28,819,929  
Options and Warrants excluded from the computation of diluted income (loss) per share because the effect of inclusion would have been anti-dilutive     5,289,160       2,326,657       5,682,175       2,832,991  

  :

 

Schedule of Cash and Cash Equivalents

 

    June 30, 2013     December 31, 2012  
             
Cash   $ 1,456,000     $ 1,346,000  
Money market fund     16,647,000       20,637,000  
Total   $ 18,103,000     $ 21,983,000