Exhibit 11

ALLIN CORPORATION

CALCULATION OF NET INCOME PER COMMON SHARE

(Dollars in thousands, except per share data)

	Three Months Ended June 30, 2004			Three Months Ended June 30, 2005			Six Months Ended June 30, 2004			Six Months Ended June 30, 2005
Net (loss) income	$	(138	)	$	108		$	43		$	(66	)
Accretion and dividends on preferred stock		183			191			364			377
Net loss attributable to common shareholders	$	(321	)	$	(83	)	$	(321	)	$	(443	)
Loss per common share - basic and dilusted	$	(0.05	)	$	(0.01	)	$	(0.05	)	$	(0.06	)
Weighted average shares outstanding - basic and diluted		6,967,339			6,967,339			6,967,339			6,967,339