ENERGY BIOSYSTEMS CORPORATION
EXHIBIT 11.1
STATEMENT REGARDING COMPUTATION OF PER SHARE EARNINGS
The following schedules reflect the information used in calculating the
number of shares in the computation of net loss per share for each of the
periods set forth in the Statements of Operations.
ENERGY BIOSYSTEMS CORPORATION
COMPUTATION OF PER SHARE EARNINGS
FOR THE SIX MONTHS ENDED JUNE 30, 1996
WEIGHTED AVERAGE SHARES OUTSTANDING:
TOTAL # DAYS
SHARES OUTSTANDING
- ------------------------------------------
10,584,268 x 23 = 243,438,164
11,107,568 x 14 = 155,505,952
11,139,268 x 27 = 300,760,236
11,140,768 x 8 = 89,126,144
11,142,868 x 55 = 612,857,740
11,301,975 x 28 = 316,455,300
11,302,025 x 16 = 180,832,400
11,303,525 x 7 = 79,124,675
11,309,295 x 1 = 11,309,295
11,309,355 x 3 = 33,928,065
-------- ---------------
91 2,023,337,971 / 91= 11,117,242
==========
FOR THE SIX MONTHS ENDED JUNE 30, 1996
LOSS PER SHARE:
Net Loss plus dividend accrual
plus accretion of offering costs ($5,064,031)= ($0.46)
------------ ==========
Weighted Avg. Shares 11,117,242
ENERGY BIOSYSTEMS CORPORATION
COMPUTATION OF PER SHARE EARNINGS
FOR THE QUARTER ENDED JUNE 30, 1996
WEIGHTED AVERAGE SHARES OUTSTANDING:
TOTAL # DAYS
SHARES OUTSTANDING
- ------------------------------------
11,142,868 x 36 = 401,143,248
11,301,975 x 28 = 316,455,300
11,302,025 x 16 = 180,832,400
11,303,525 x 7 = 79,124,675
11,309,295 x 1 = 11,309,295
11,309,355 x 3 = 33,928,065
---------- ------------
90 902,254,710 / 91 = 11,239,483
==========
FOR THE QUARTER ENDED JUNE 30, 1996
LOSS PER SHARE:
Net Loss plus dividend accrual
plus accretion of offering costs ($2,560,952)= ($0.23)
----------- ==========
Weighted Avg. Shares 11,239,483
ENERGY BIOSYSTEMS CORPORATION
COMPUTATION OF PER SHARE EARNINGS
FOR THE SIX MONTHS ENDED JUNE 30, 1995
WEIGHTED AVERAGE SHARES OUTSTANDING:
TOTAL # DAYS
SHARES OUTSTANDING
- --------------------------------------
9,988,409 x 2 = 19,976,818
9,998,409 x 28 = 279,955,452
9,999,404 x 4 = 39,997,616
10,000,604 x 4 = 40,002,416
10,040,604 x 16 = 160,649,664
10,041,604 x 1 = 10,041,604
10,046,604 x 62 = 622,889,448
10,228,645 x 21 = 214,801,545
10,233,645 x 43 = 440,046,735
-------- -------------
181 1,828,361,298 / 91 = 10,101,444
==========
FOR THE SIX MONTHS ENDED JUNE 30, 1995
LOSS PER SHARE:
Net Loss plus dividend accrual
plus accretion of offering costs ($4,720,843)= ($0.47
----------- ==========
Weighted Avg. Shares 10,101,444
ENERGY BIOSYSTEMS CORPORATION
COMPUTATION OF PER SHARE EARNINGS
FOR THE THREE MONTHS ENDED JUNE 30, 1995
WEIGHTED AVERAGE SHARES OUTSTANDING:
TOTAL # DAYS
SHARES OUTSTANDING
- --------------------------------------
10,046,604 x 27 = 271,258,308
10,228,645 x 21 = 214,801,545
10,233,645 x 43 = 440,046,735
-------- ------------
91 926,106,588 / 91 = 10,176,995
==========
FOR THE THREE MONTHS ENDED JUNE 30, 1995
LOSS PER SHARE:
Net Loss plus dividend accrual
plus accretion of offering costs ($2,129,003) = ($0.21)
------------ ==========
Weighted Avg. Shares 10,176,995