1 EXHIBIT 11.1 TRITEAL CORPORATION STATEMENT REGARDING CALCULATION OF NET LOSS PER SHARE THREE MONTHS ENDED SIX MONTHS ENDED SEPTEMBER 30, SEPTEMBER 30, ---------------------- ---------------------- 1997 1996 1997 1996 -------- -------- -------- -------- (Amounts in thousands, except per share data) Net loss ........................................ $ (8,235) $ (253) $ (8,011) $ (1,247) ======== ======== ======== ======== Average common shares outstanding .............. 10,952 6,517 10,896 5,015 Adjustments to reflect requirements of the Securities and Exchange Commission (Effect of SAB 83) .......................... -- 1,138 -- 1,811 Effect of assumed conversion of Series A convertible preferred shares from date of issuance .................................... -- 332 -- 528 -------- -------- -------- -------- Adjusted shares outstanding .................... 10,952 7,987 10,896 7,354 ======== ======== ======== ======== Net loss per share ............................. $ (.75) $ (.03) $ (.74) $ (.17) ======== ======== ======== ========