EXHIBIT 11.1 SCOOP, INC. COMPUTATION OF NET LOSS PER SHARE YEAR ENDED DECEMBER 31, 1994 1995 1996 ---------- ---------- ---------- Weighted average shares outstanding . . . . . . . . . . . . . . . . . 5,033,000 4,404,000 2,712,000 Conversion of redeemable common stock . . . . . . . . . . . . . . . . 502,000 Equivalent shares from the assumed exercise of options and warrants . 352,000 352,000 352,000 ---------- ---------- ---------- Weighted average shares used in calculation of net loss per share . . 5,385,000 4,756,000 3,566,000 ---------- ---------- ---------- ---------- ---------- ---------- Net loss. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ (220,200) $ (602,700) ---------- ---------- ---------- ---------- Net loss applicable to common stock . . . . . . . . . . . . . . . . . ($2,283,900) ---------- ---------- Net loss per common share . . . . . . . . . . . . . . . . . . . . . . $ (0.04) $ (0.13) $ (0.64) ---------- ---------- ---------- ---------- ---------- ---------- II-11