Exhibit 11 ALLIN CORPORATION CALCULATION OF NET LOSS PER COMMON SHARE (Dollars in thousands, except per share data) Year Year Year Ended Ended Ended December 31, December 31, December 31, 1999 2000 2001 ------------ ------------ ------------- Loss from continuing operations $ (2,374) $ (2,583) $ (11,257) Loss from discontinued operations (302) (371) (689) ------------ ------------ ------------- Net loss (2,676) (2,954) (11,946) Accretion and dividends on preferred stock 699 637 660 ------------ ------------ ------------- Net loss attributable to common shareholders $ (3,375) $ (3,591) $ (12,606) ============ ============ ============= Loss per common share from continuing operations - basic and diluted $ (0.51) $ (0.50) $ (1.71) ============ ============ ============= Income (loss) per common share from discontinued operations - basic and diluted $ (0.05) $ (0.06) $ (0.10) ============ ============ ============= Net loss per common share - basic and diluted $ (0.56) $ (0.56) $ (1.81) ============ ============ ============= Weighted average common shares outstanding during the period 5,989,177 6,371,827 6,966,365 Effect of restricted stock (17,176) --- --- ------------ ------------ ------------- Shares used in calculating net loss per common share 5,972,001 6,371,827 6,966,365 ============ ============ =============