Exhibit 11

ALLIN CORPORATION

CALCULATION OF NET INCOME PER COMMON SHARE

(Dollars in thousands, except per share data)



|                                                      |  |                                    |           |   |                                    |   |           |                                   |  |   |                                   |   |  |   |           
|----------------------------------------------------- |  | ---------------------------------- | --------- | - | ---------------------------------- | - | --------- | --------------------------------- |  | - | --------------------------------- | - |  | - | ----------
|                                                      |  | Three MonthsEndedSeptember 30,2005 |           |   | Three MonthsEndedSeptember 30,2006 |   |           | Nine MonthsEndedSeptember 30,2005 |  |   | Nine MonthsEndedSeptember 30,2006
|Net (loss) income                                     |  | $                                  | (181      | ) |                                    | $ | (14       | )                                 |  | $ | (247                              | ) |  | $ | 1,174     
|Accretion and dividends on preferred stock            |  |                                    | 250       |   |                                    |   | 346       |                                   |  |   | 627                               |   |  |   | 911       
|                                                      |  |                                    |           |   |                                    |   |           |                                   |  |   |                                   |   |  |   |           
|Net (loss) income attributable to common shareholders |  | $                                  | (431      | ) |                                    | $ | (360      | )                                 |  | $ | (874                              | ) |  | $ | 263       
|                                                      |  |                                    |           |   |                                    |   |           |                                   |  |   |                                   |   |  |   |           
|(Loss) earnings per common share - basic              |  | $                                  | (0.06     | ) |                                    | $ | (0.05     | )                                 |  | $ | (0.12                             | ) |  | $ | 0.04      
|                                                      |  |                                    |           |   |                                    |   |           |                                   |  |   |                                   |   |  |   |           
|(Loss) earnings per common share - diluted            |  | $                                  | (0.06     | ) |                                    | $ | (0.05     | )                                 |  | $ | (0.12                             | ) |  | $ | 0.03      
|                                                      |  |                                    |           |   |                                    |   |           |                                   |  |   |                                   |   |  |   |           
|Weighted average shares outstanding - basic           |  |                                    | 7,331,469 |   |                                    |   | 7,467,339 |                                   |  |   | 7,090,050                         |   |  |   | 7,467,339 
|                                                      |  |                                    |           |   |                                    |   |           |                                   |  |   |                                   |   |  |   |           
|Weighted average shares outstanding                   |  |                                    | 7,331,469 |   |                                    |   | 7,467,339 |                                   |  |   | 7,090,050                         |   |  |   | 7,467,339 
|Effect of convertible preferred stock                 |  |                                    |          |   |                                    |   |          |                                   |  |   |                                  |   |  |   | 4,285,714 
|Effect of options                                     |  |                                    |          |   |                                    |   |          |                                   |  |   |                                  |   |  |   | 178,131   
|                                                      |  |                                    |           |   |                                    |   |           |                                   |  |   |                                   |   |  |   |           
|Weighted average shares outstanding - diluted         |  |                                    | 7,331,469 |   |                                    |   | 7,467,339 |                                   |  |   | 7,090,050                         |   |  |   | 11,931,184
|                                                      |  |                                    |           |   |                                    |   |           |                                   |  |   |                                   |   |  |   |