SB-2/A: Optional form for registration of securities to be sold to the public by small business issuers

Published on August 14, 1996



EXHIBIT 11.1


MICROVISION, INC.
COMPUTATION OF PRO FORMA LOSS PER SHARE



YEAR ENDED
DECEMBER 31 SIX MONTHS ENDED JUNE 30,
1995 1995 1996

Net loss $(2,943,600) $(1,098,900) $(1,332,300)
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Shares utilized in computing pro forma loss per share:

Weighted average shares outstanding 3,461,145 3,461,145 3,461,145
Common stock equivalent shares
outstanding during the period 475,584 475,584 475,584
Pro forma effect of conversation of:
Series A Preferred Stock 770,170 680,935 859,776
7% Convertible Subordinated
Notes due 1997 42,188 42,188 42,188
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4,749,087 4,659,852 4,838,693
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Pro forma net loss per share $(0.62) $(0.24) $(0.28)
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