MICROVISION, INC. COMPUTATION OF NET LOSS AND PRO FORMA LOSS PER SHARE Three months ended Nine months ended Sepember 30, 1997 September 30, 1996 September 30, 1997 September 30, 1996 ----------------- ------------------ ------------------ ------------------ Net loss ($1,172,000) ($870,300) ($3,506,100) ($2,202,600) =========== ========= =========== =========== Shares used in computing net loss and pro forma net loss per share: Weighted average shares outstanding 5,791,700 4,230,400 5,784,300 3,719,400 Common stock equivalent shares outstanding during the period 1,328,300 1,328,300 Pro forma effect of conversion of: 7% Convertible Subordinated Notes due 1997 42,200 42,200 --------- ----------- 5,791,700 5,600,900 5,784,300 5,089,900 =========== ========= =========== =========== Net loss per share ($0.20) ($0.61) =========== =========== Pro forma net loss per share ($0.16) ($0.43) ========= ===========