Exhibit 11 MICROVISION, INC. COMPUTATION OF NET LOSS PER SHARE AND PRO FORMA NET LOSS PER SHARE Three months ended ----------------------------- March 31, March 31, 1997 1996 --------- --------- Net loss $ (1,158,700) $ (617,700) ============ ========== Shares utilized in computing net loss per share and pro forma net loss per share: Weighted average shares outstanding 5,778,900 3,461,100 Common stock equivalent shares outstanding during the period 475,600 Pro forma effect of conversion of: Series A Preferred Stock 859,800 7% Convertible Subordinated Notes due 1997 42,200 ------------ ---------- 5,778,900 $4,838,700 ============ ========== Net Loss Per Share $(0.20) ============ Pro Forma Net Loss Per Share $(0.13) ==========