QUERYOBJECT CORPORATION
COMPURATION OF NET LOSS PER SHARE
<TABLE>
<CAPTION>
Three Months Ended Septmer 30, Nine Months Ended September 30,
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2000 1999 2000 1999
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<S> <C> <C> <C> <C>
Common shares outstanding at beginning of year 4,983,663 1,707,662 4,983,663 1,707,662
Conversions of preferred stock into common shares 4,238,908 166,306 3,740,964 107,671
Warrants exercised into common shares 591,696 462,162 578,594 293,208
Stock options exercised into common shares 30,693 - 21,933 -
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Weighted average common shares outstanding 9,844,960 2,336,130 9,325,154 2,108,541
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Net loss $(2,686,570) $(1,190,203) $(6,753,364) $(4,443,060)
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Basic and diluted net loss per common share $ (0.27) $ (0.51) $ (0.72) $ (2.11)
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