Exhibit 11 Statement of Computation of Per Share Amounts Three Months Ended March 31, ---------------------------- 1997 1996 ---- ---- Primary: Net loss for the period............................. $ (1,830) $ (1,560) ========= =========== Weighted average number of shares of common stock outstanding.............................. 28,935 26,863 Shares issuable upon exercise of outstanding options and warrants........................... ---- ---- Shares assumed to be acquired in accordance with the treasury stock method...................... ---- ---- ------- ---------- Shares used in computing per share income........... 28,935 26,863 ------- ---------- Net loss per share.................................. $ (0.06) $ (0.06) ======== =========== Fully Diluted: Net income (loss) for the period.................... $(1,830) $ (1,560) ======== =========== Weighted average number of shares of common stock outstanding.............................. 28,935 26,863 Shares issuable upon exercise of outstanding options and warrants........................... 1,130 3,374 Shares assumed to be acquired in accordance with the treasury stock method................. (67) (1,253) -------- ----------- Shares used in computing per share income........... 29,998 28,984 ------- ---------- Net income (loss) per share......................... $ (0.06) $ (0.05) ======== =========== 11