Microleague Multimedia Inc – ‘10KSB’ for 12/31/96 – EX-11

As of:  Tuesday, 4/22/97   ·   For:  12/31/96   ·   Accession #:  950116-97-765   ·   File #:  1-11743

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Annual Report — Small Business   —   Form 10-KSB
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10KSB       Annual Report -- Small Business                       53    291K 
 2: EX-3        Exhibit 3.1                                           23     90K 
 3: EX-11       Exhibit 11.1                                           1      5K 
 4: EX-21       Exhibit 21.1                                           1      4K 
 5: EX-27       Financial Data Schedule                                1      6K 

EX-11   —   Exhibit 11.1

EX-11
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                                                                    EXHIBIT 11.1

 STATEMENT RE: COMPUTATION OF EARNINGS

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                                                        (In thousands, except per share data)             

                                                 Three Months Ended              Twelve Months Ended      
                                                    December 31,                     December 31,         
                                           ------------------------------   ------------------------------
Primary and Fully Diluted                        1996             1995            1996             1995   
                                           -------------    -------------   -------------    -------------
                                                                                                          
   Average shares outstanding                 4,157,138         2,937,978       3,584,722        2,937,978
   Net effect of common stock equivalents             --               --              --               --
                                           -------------    -------------   -------------    -------------
   Total                                      4,157,138         2,937,978       3,584,722        2,937,978
                                           =============    =============   =============    =============

   Net income                               $(3,811,951)      $   978,362    $(5,582,614)     $     99,089

   Per share earnings:                      $      (.92)      $       .33    $     (1.56)     $        .02
                                           =============    =============   =============    =============