1
Exhibit 11.1
ANDATACO, INC.
COMPUTATION OF LOSS PER COMMON SHARE
(in thousands, except per share amounts)
THREE MONTHS ENDED SIX MONTHS ENDED
APRIL 30, APRIL 30,
------------------------------- -------------------------------
1998 1997 1998 1997
------------ ------------ ------------ ------------
Basic EPS Computation
Net loss $ (189) $ (339) $ (609) $ (449)
------------ ------------ ------------ ------------
Weighted average shares outstanding 23,819 18,078 23,819 18,078
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Shares used in computing basic
loss per share 23,819 18,078 23,819 18,078
------------ ------------ ------------ ------------
Basic loss per share $ (0.01) $ (0.02) $ (0.03) $ (0.03)
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THREE MONTHS ENDED SIX MONTHS ENDED
APRIL 30, APRIL 30,
------------------------------- -------------------------------
1998 1997 1998 1997
------------ ------------ ------------ ------------
Diluted EPS Computation
Net loss $ (189) $ (339) $ (609) $ (449)
------------ ------------ ------------ ------------
Weighted average shares outstanding 23,819 18,078 23,819 18,078
Common stock equivalents from the
issuance of options and warrants using
the treasury stock method -- -- -- --
------------ ------------ ------------ ------------
Shares used in computing diluted
loss per share 23,819 18,078 23,819 18,078
------------ ------------ ------------ ------------
Diluted loss per share $ (0.01) $ (0.02) $ (0.03) $ (0.03)
============ ============ ============ ============