Telegen Corporation and Subsidiaries
Computation of Earnings Per Share
1997 1996 1995
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Loss attributable to common shareholders:
Loss before extraordinary gain $(10,455,911) $ (5,115,026) $ (2,542,838)
Reconciling Items:
Accretion of preferred stock discount (1,078,055) 0 0
Preferred stock dividends (145,146) 0 0
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Loss attributale to common shareholders before extraordinary gain (11,679,112) (5,115,026) (2,542,838)
Extraordinary gain 536,179 0 0
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Loss attributable to common shareholders $(11,142,933) $ (5,115,026) $ (2,542,838)
Weighted average common shares outstanding for determination of:
Basic earnings per share 5,547,015 4,418,099 2,882,961
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Diluted earnings per share 5,547,015 4,418,099 2,882,961
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Net loss per common share attributable to common shareholders:
Basic:
Loss before extraordinary gain $ (2.11) $ (1.16) $ (0.88)
Extraordinary gain $ 0.10 $ 0.00 $ 0.00
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Net loss $ (2.01) $ (1.16) $ (0.88)
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Diluted:
Loss before extraordinary gain $ (2.11) $ (1.16) $ (0.88)
Extraordinary gain $ 0.10 $ 0.00 $ 0.00
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Net loss $ (2.01) $ (1.16) $ (0.88)
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