Exhibit 11
STREAMLINE HEALTH SOLUTIONS, INC.
Computation of earnings (loss) per share
For the three and six months ended July 31, 2007 and 2006
| | | | | | | | | | | | | | | | |
| | Three Months | | | Six Months | |
| | 2007 | | | 2006 | | | 2007 | | | 2006 | |
Net earnings (loss) | | $ | (1,071,304 | ) | | $ | 214,727 | | | $ | (1,514,616 | ) | | $ | 134,849 | |
| | | | | | | | | | | | |
Average shares outstanding | | | 9,225,212 | | | | 9,189,642 | | | | 9,218,482 | | | | 9,179,165 | |
Stock options & purchase plan: | | | | | | | | | | | | | | | | |
Total options & purchase plan shares | | | — | | | | 412,931 | | | | — | | | | 431,296 | |
Warrants assumed converted | | | — | | | | 750,000 | | | | — | | | | 750,000 | |
Assumed treasury stock buyback | | | — | | | | (668,384 | ) | | | — | | | | (604,675 | ) |
Convertible redeemable preferred stock assumed converted | | | — | | | | — | | | | — | | | | — | |
| | | | | | | | | | | | |
Number of shares used in per common share computation | | | 9,225,212 | | | | 9,684,189 | | | | 9,218,482 | | | | 9,755,786 | |
| | | | | | | | | | | | |
| | | | | | | | | | | | | | | | |
Basic net earnings ( loss ) per share of common stock | | $ | (0.12 | ) | | $ | 0.02 | | | $ | (0.16 | ) | | $ | 0.01 | |
| | | | | | | | | | | | |
Diluted net earnings ( loss ) per share of common stock | | $ | (0.12 | ) | | $ | 0.02 | | | $ | (0.16 | ) | | $ | 0.01 | |
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