EXHIBIT 12.1 TANISYS TECHNOLOGY, INC. STATEMENT RE COMPUTATION OF PER SHARE EARNINGS FOR THE YEAR ENDED SEPTEMBER 30, 1996 Month Shares Outstanding at Month End - - ----- ------------------------------- Sept 95 9,065,305 Oct 95 9,085,305 Nov 95 9,119,305 Dec 95 9,119,305 Jan 96 10,106,037 Feb 96 10,106,037 Mar 96 10,256,037 Apr 96 10,256,037 May 96 14,628,537 Jun 96 14,628,537 Jul 96 14,628,537 Aug 96 15,978,537 Sept 96 15,978,537 ----------- 13 month total 152,956,053 Weighted Average Shares 11,765,850 Net Loss (4,409,917) Loss per Weighted Average Shares (.37)