Exhibit 11
Microvision, Inc.
Computation of Net Loss Per Share and
Net Loss Per Share Assuming Dilution
Three months ended March 31,
----------------------------
1999 1998
---- ----
Net loss $(2,002,000) $(1,216,500)
Less: Non-cash beneficial conversion
feature of Series B Convertible
Preferred Stock (1,148,000) --
------------ ------------
Net loss available for common shareholders $(3,150,000) $(1,216,000)
------------ ------------
------------ ------------
Shares used in computing net loss per share
and net loss per share assuming dilution:
Weighted average shares outstanding 6,119,000 5,945,000
------------ ------------
------------ ------------
Net loss per share and per share
assuming dilution $ (0.51) $ (0.20)
------------ ------------
------------ ------------
20