EXHIBIT 11.1
SBE, INC.
STATEMENTS OF COMPUTATION OF NET LOSS PER SHARE
FOR THE THREE AND NINE MONTHS ENDED JULY 31, 2002 AND 2001
(In thousands, except per share amounts)
(Unaudited)
Three months ended Nine months ended
July 31, July 31,
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2002 2001 2002 2001
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BASIC
Weighted average number of
common shares outstanding 4,042 3,421 3,659 3,373
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Number of shares for computation of
net loss per share 4,042 3,421 3,659 3,373
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Net loss $ (178) $(2,243) $(2,356) $(6,768)
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Net loss per share $(0.04) $ (0.66) $ (0.64) $ (2.01)
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DILUTED
Weighted average number of
common shares outstanding 4,042 3,421 3,659 3,373
Shares issuable pursuant to options granted
under stock option plans and warrants granted,
less assumed repurchase at the average fair
market value for the period (a) (a) (a) (a)
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Number of shares for computation of
net loss per share 4,042 3,421 3,659 3,373
======= ======== ======== ========
Net loss $ (178) $(2,243) $(2,356) $(6,768)
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Net loss per share $(0.04) $ (0.66) $ (0.64) $ (2.01)
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(a) In loss periods, common share equivalents would have an antidilutive
effect on loss per share and therefore have been excluded.
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