EXHIBIT 11.1

 

Centiv, Inc.

 

 

COMPUTATION OF EARNINGS PER SHARE

($ IN THOUSANDS, EXCEPT PER SHARE AMOUNTS)

 

($in thousands)

 

2003

 

2002

 

2001

 

 

 

 

 

 

 

 

 

Net loss

 

$

(2,431

)

$

(2,558

)

$

(2,334

)

 

 

 

 

 

 

 

 

Net loss attributable to common shareholders

 

$

(2,431

)

$

(2,558

)

$

(6,899

)

 

 

 

 

 

 

 

 

Basic and diluted weighted average number of common shares

 

1,607,134

 

1,631,433

 

1658,704

 

 

 

 

 

 

 

 

 

Basic and diluted net loss per share

 

$

(1.51

)

$

(2.06

)

$

(4.16

)