Netrix Corporation Exhibit 11 EPS Calculation Three Months Ended ------------------------------ 3/31/97 3/31/96 ------------- ------------- Earnings per share and common stock equivalents - Primary: Net loss $ (4,575,000) $ (2,328,000) ------------- ------------- Weighted average common stock shares outstanding 9,516,063 9,435,476 Weighted average common stock share equivalents - - Other stock options - - ------------- ------------- Total weighted average common stock and common stock equivalent shares 9,516,063 9,435,476 ------------- ------------- Loss per share $ (0.48) $ (0.25) ============= ============= Earnings per share and common stock equivalents - Fully Diluted: Not applicable due to net loss for both periods.