Exhibit 11 Statement of Computation of Per Share Amounts Three Months Ended Nine Months Ended September 30, September 30, -------------------- -------------------- 1997 1996 1997 1996 ---- ---- ---- ---- Primary: Net loss for the period .......................... $ (2,462) $ (2,077) $ (6,331) $ (5,183) ======== ======== ======== ======== Weighted average number of shares of common stock outstanding ................................ 29,797 28,535 29,511 27,967 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 loss .......... 29,797 28,535 29,511 27,967 Net loss per share ............................... $ (0.08) $ (0.07) $ (0.21) $ (0.19) ======== ======== ======== ======== Fully Diluted: Net loss for the period .......................... $ (2,462) $ (2,077) $ (6,331) $ (5,183) ======== ======== ======== ======== Weighted average number of shares of common stock outstanding ................................ 29,797 28,535 29,511 27,967 Shares issuable upon exercise of outstanding options and warrants ....................... 256 1,367 514 3,371 Shares assumed to be acquired in accordance with the treasury stock method ............. (126) (57) (85) (1,549) -------- -------- -------- -------- Shares used in computing per share loss .......... 29,927 29,845 29,940 29,789 -------- -------- -------- -------- Net loss per share ............................... $ (0.08) $ (0.07) $ (0.21) $ (0.17) ======== ======== ======== ======== 14