Exhibit 11
MICROVISION, INC.
COMPUTATION OF NET LOSS AND PRO FORMA NET LOSS PER SHARE
Three months ended Six months ended
June 30, 1997 June 30, 1996 June 30, 1997 June 30, 1996
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Net loss ($1,175,400) ($714,600) ($2,334,100) ($1,332,300)
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Shares used in computing net loss and
pro forma net loss per share:
Weighted average shares outstanding 5,782,200 3,461,100 5,780,600 3,461,100
Common stock equivalent shares outstanding
during the period 403,600 403,600
Pro form effect of conversion of:
Series A Preferred Stock 859,800 859,800
7% Convertible Subordinated Notes due 1997 42,200 42,200
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5,782,200 4,766,700 5,780,600 4,766,700
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Net loss per share ($0.20) ($0.40)
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Pro forma net loss per share ($0.15) ($0.28)
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