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EXHIBIT 11.1
STATEMENT RE COMPUTATION OF PER SHARE EARNINGS
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THREE MONTHS ENDED
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JUNE 30, 2000 JUNE 30, 1999
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<S> <C> <C>
Net income (loss ) (in thousands) $ (280) $ (312)
Weighted average common shares outstanding 13,842,561 11,500,081
Basic income (loss) per share $ (0.02) $ (0.03)
Dilutive effective of options and warrants outstanding
under treasury-stock method ------- -------
Diluted income (loss) per share $ (0.02) $ (0.03)
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