1 EXHIBIT 11.1 Geron Corporation Statement Regarding Computation of Net Loss Per Share (In thousands, except share and per share amounts) Three Months Ended Six Months Ended June 30, June 30, ------------------------- -------------------------- (Unaudited) 1996 1995 1996 1995 ---------- ---------- ---------- ----------- Net loss ($ 2,459) ($ 1,926) ($ 4,894) ($ 4,880) ========== ========== ========== =========== Shares used in calculation of net loss per share: Weighted Average Common Shares outstanding 951,700 872,666 922,783 791,041 Shares related to SAB Nos. 55, 64 and 83 723,447 723,447 723,447 723,447 ---------- ---------- ---------- ----------- Shares used in computing net loss per share 1,675,147 1,596,113 1,646,230 1,514,488 ========== ========== ========== =========== ---------- ---------- ---------- ----------- Net loss per share ($ 1.47) ($ 1.21) ($ 2.97) ($ 3.22) ========== ========== ========== =========== Calculation of shares outstanding for computing supplemental net loss per share: Shares used in computing net loss per share 951,700 872,666 922,783 791,041 Adjusted to reflect effect of assumed conversion of preferred stock from date of issuance 6,363,347 5,212,449 6,314,556 5,212,449 ---------- ---------- ---------- ----------- Shares used in computing supplemental net loss per share 7,315,047 6,085,115 7,237,339 6,003,490 ========== ========== ========== =========== ---------- ---------- ---------- ----------- Supplemental net loss per share ($ 0.34) ($ 0.32) ($ 0.68) ($ 0.81) ========== ========== ========== ===========