STOCK COMPENSATION EXPENSE
3 Months Ended
Mar. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]
5. STOCK COMPENSATION EXPENSE
 
During the three month period ending March 31, 2014, no stock options, free share awards or warrants were granted by the Company.
 
Net income (loss) before and after stock-based compensation is as follows:
 
 
 
Three months ended
March 31,
 
(in thousands except per share data)
 
2013
 
2014
 
 
 
 
 
 
 
 
 
Net income (loss)
 
$
(8,829)
 
$
(26,638)
 
 
 
 
 
 
 
 
 
Net income (loss) per share
 
 
 
 
 
 
 
Basic
 
$
(0.35)
 
$
(0.94)
 
Diluted
 
$
(0.35)
 
$
(0.94)
 
 
 
 
 
 
 
 
 
Number of shares used for computing (weighted average)
 
 
 
 
 
 
 
Basic
 
 
25,415
 
 
28,312
 
Diluted
 
 
25,415
 
 
28,312
 
 
 
 
 
 
 
 
 
Stock-based compensation (ASC 718)
 
 
 
 
 
 
 
Cost of products and services sold
 
 
5
 
 
10
 
Research and development
 
 
191
 
 
343
 
Selling, general and administrative
 
 
299
 
 
419
 
Total
 
 
495
 
 
772
 
 
 
 
 
 
 
 
 
Net income (loss) before stock-based compensation
 
 
(8,334)
 
 
(25,866)
 
 
 
 
 
 
 
 
 
Net income (loss) before stock-based compensation per share
 
 
 
 
 
 
 
Basic
 
$
(0.33)
 
$
(0.91)
 
Diluted
 
$
(0.33)
 
$
(0.91)