Exhibit 11
Microvision, Inc.
Computation of Net Loss Per Share and
Net Loss Per Share Assuming Dilution
Three months ended September 30, Nine months ended September 30,
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1999 1998 1999 1998
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Net Loss ($3,263,000) ($1,630,500) ($10,443,700) ($4,990,200)
Less: Preferred Dividend (73,400)
Non-Cash beneficial conversion feature
of Series B Preferred Stock (606,300) (1,754,300)
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Net Loss available for common
Shareholders ($3,869,300) ($1,630,500) ($12,271,400) ($4,990,200)
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Shares used in computing net loss per share
and net loss per share assuming dilution:
Weighted average shares outstanding 9,535,800 6,016,400 7,576,200 5,975,400
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Net loss per share and per share
assuming dilution ($0.41) ($0.27) ($1.62) ($0.84)
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30