MICROVISION, INC. COMPUTATION OF PRO FORMA LOSS PER SHARE Three months ended Nine Months ended September 30, September 30, September 30, September 30, 1996 1995 1996 1995 ------------ ------------ ----------- ------------ Net loss ($870,300) ($861,800) ($2,202,600) ($1,960,700) ------------ ------------ ----------- ------------ Shares utilized in computing pro forma loss per share: Weighted average shares outstanding 4,230,446 3,675,729 3,719,450 3,556,253 Common stock equivalent shares outstanding during the period 1,328,297 1,055,829 1,328,297 1,055,829 7% Convertible Subordinated Notes due 1997 42,188 42,188 42,188 42,188 ------------ ------------ ------------ ------------ 5,600,931 4,773,746 5,089,935 4,654,270 ------------ ------------ ------------ ------------ Pro forma net loss per share ($0.16) ($0.18) ($0.43) ($0.42) ------------ ------------ ------------ ------------