Exhibit 11
Microvision, Inc.
Computation of Net Loss Per Share and
Net Loss Per Share Assuming Dilution
Three months ended June 30, Six months ended June 30,
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1999 1998 1999 1998
Net Loss $(5,178,700) $(2,143,200) $(7,180,700) $(3,359,700)
Less: Preferred Dividend (73,400) (73,400)
Non-Cash beneficial conversion feature of (1,148,000)
Series B Convertible Preferred Stock
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Net Loss available for common shareholders $(5,252,100) $(2,143,200) $(8,402,100) $(3,359,700)
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Shares used in computing net loss per
share and net loss per share assuming
dilution:
Weighted average shares outstanding
7,073,800 5,964,700 6,596,400 5,954,900
============ ============ ============ ============
Net loss per share and per share assuming
dilution $(0.74) $(0.36) $(1.27) $(0.56)