Remote Dynamics (RMTD) 10-Q 2005 Q1 Quarterly report

Exhibit 11.0

REMOTE DYNAMICS, INC. AND SUBSIDIARIES
STATEMENT REGARDING COMPUTATION OF PER SHARE EARNINGS
(in thousands, except per share)

	Reorganized			Predecessor			Reorganized			Predecessor
	Company			Company			Company			Company
	Three Months			Three Months			Six Months			Six Months
	Ended February 28,			Ended February 29,			Ended February 28,			Ended February 29,
	2005			2004			2005			2004
Net loss applicable to common stockholders:	$	(1,279	)	$	(1,346	)	$	(2,477	)	$	(4,626	)
Weighted average number of shares outstanding:
Weighted average number of shares outstanding, net of treasury shares — Basic EPS		6,352			9,671			6,299			9,671
Additional weighted average shares for assumed exercise of stock options, net of shares assumed to be repurchased with exercise proceeds					—						—
Weighted average number of shares outstanding, net of treasury shares — Diluted EPS		6,352			9,671			6,299			9,671
Net loss per common share applicable to common stockholders:
Basic and diluted EPS	$	(0.20	)	$	(0.14	)	$	(0.39	)	$	(0.48	)

     During the above mentioned periods, the Company had securities outstanding that could potentially dilute basic earnings per share in the future, but which were excluded from the computation of diluted net loss per share in the periods presented, as their effect would have been antidilutive. Such outstanding securities consist of the following (in thousands):

	Reorganized		Predecessor
	Company		Company (a)
	Three and Six Months		Three and Six Months
	Ended February 28,		Ended February 29,
	2005		2004
Restricted stock ( not vested)		525		—
Convertible note payable		690		—
Convertible series A preferred stock		2,500		—
Outstanding stock options		—		318
Outstanding warrants to purchase common stock		1,625		33

(a) All equity interests in the Predecessor Company (including but not limited to warrants, stock options, were extinguished.