EXHIBIT 11 COMPUTATION OF EARNINGS PER SHARE THREE MONTHS ENDED NINE MONTHS ENDED September 30, September 30, -------------------------------------------------------------- 2000 1999 2000 1999 -------------------------------------------------------------- Net (loss) per share - basic and diluted: Numerator, net (loss) .............. $ (1,244,229) $ (1,657,359) $ (2,698,181) $ (3,533,678) ============================================================ Denominator, weighted average shares Outstanding .................... $ 16,352,615 $ 11,320,281 $ 16,352,615 $ 11,320,281 ============================================================ Net (loss) per share - basic and diluted: Net (loss) per share ............... $ (0.08) $ (0.15) $ (0.16) $ (0.31) ============================================================