Exhibit 11.1 COMPUTATION OF NET LOSS PER SHARE (Unaudited) Three months ended June 30, Six months ended June 30, 1997 1996 1997 1996 ---------------- ---------------- ------------ -------------- Primary Net loss ................................. $ (5,736,000) $ (1,682,000) $ (11,173,000) $ (8,484,000) =============== ================ ============== ============== Weighted average common shares outstanding 12,365,451 11,872,255 12,368,328 11,148,338 --------------- ---------------- -------------- -------------- Net loss per share ....................... $ (0.46) $ (0.14) $ (0.90) $ (0.76) =============== ================ ============== ============== Fully diluted Net loss ................................. $ (5,736,000) $ (1,682,000) $ 11,173,000) $ (8,484,000) =============== ================ ============== ============== Weighted average common shares outstanding 12,365,451 11,872,255 12,368,328 11,148,338 --------------- ---------------- -------------- -------------- Net loss per share ....................... $ (0.46) $ (0.14) $ (0.90) $ (0.76) =============== ================ ============== ==============