TANISYS TECHNOLOGY, INC. EXHIBIT 12.1 STATEMENT RE COMPUTATION OF PER SHARE EARNINGS FOR THE THREE MONTHS ENDED DECEMBER 31, 1996 MONTH SHARES OUTSTANDING AT MONTH END - ------------ ------------------------------- Sept 96 15,978,537 Oct 96 15,978,537 Nov 96 16,070,773 Dec 96 16,626,655 ----------- 4 month total 64,654,502 Weighted Average Shares 16,163,626 Net Loss ($2,137,485) Loss per Weighted Average Shares ($.13)