Exhibit 11
ALLIN COMMUNICATIONS CORPORATION
CALCULATION OF NET LOSS PER COMMON SHARE
(Dollars in thousands, except per share data)
Period Year Year
Ended Ended Ended
December 31, December 31, December 31,
1994 1995 1996
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Net loss $ (612) $ (2,168) $ (8,347)
Accretion and dividends on preferred stock --- --- 106
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Net loss applicable to common shareholders $ (612) $ (2,168) $ (8,453)
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Net loss per common share $ (0.24) $ (0.83) $ (2.81)
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Weighted average common shares outstanding
during the period (1) 2,400,000 2,400,000 2,839,010
Effect of common stock equivalents --- --- ---
Effect of conversion of preferred stock
issued within one year of the offering 203,385 203,385 169,488
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Shares used in calculating net loss per common
share 2,603,385 2,603,385 3,008,498
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(1) The weighted average common shares outstanding has been retroactively
restated for the effect of the 2,400 for 1 stock split.