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EXHIBIT 11.1
TRITEAL CORPORATION
STATEMENT REGARDING CALCULATION OF NET LOSS PER SHARE
THREE MONTHS ENDED Six Months Ended
SEPTEMBER 30, September 30,
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1996 1995 1996 1995
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(Amounts in thousands, except per share data)
Net loss ................................... $ (253) $(1,555) $(1,247) $(2,454)
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Average common shares outstanding ......... 6,517 3,493 5,015 3,493
Adjustments to reflect requirements of the
Securities and Exchange Commission
(Effect of SAB 83) ..................... 1,138 2,492 1,811 2,492
Effect of assumed conversion of Series A
convertible preferred shares from date of
issuance ................................ 332 727 528 727
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Adjusted shares outstanding ............... 7,987 6,712 7,354 6,712
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Net loss per share ........................ $ (.03) $ (.23) $ (.17) $ (.37)
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