EXHIBIT 11.1
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Cordia Corporation |
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Computation of Per Share (Loss) Earnings |
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(unaudited) |
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| For the Three Months Ended | ||
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| March 31, | ||
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| 2007 |
| 2006 |
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NUMERATOR – BASIC AND DILUTED CALCULATION |
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Net (Loss) Income |
| $ (640,904) |
| $ 103,009 |
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Numerator for Basic and Diluted Calculation (loss) Earnings Per Share |
| $ (640,904) |
| $ 103,009 |
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DENOMINATOR |
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Weighted average number of common shares outstanding |
| 5,620,924 |
| 5,529,841 |
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Assumed conversion of preferred stock |
| - |
| 766,800 |
Assumed exercise of stock options |
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| 708,238 |
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Denominator for Diluted Earnings Per Share |
| 5,620,924 |
| 7,004,879 |
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Basic (loss) earnings per common share |
| $ (0.11) |
| $ 0.02 |
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Diluted (loss) earnings per common share |
| $ (0.11) |
| $ 0.01 |
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