EXHIBIT 11 booktech.com, inc. and Subsidiary Computation of Net Loss Per Common Share (Unaudited) THREE MONTHS ENDED JUNE 30: 2001 2000 ------------ ------------ BASIC NET LOSS PER COMMON SHARE: Net loss attributable to common stockholders ........ $ (5,996,827) $ (3,222,926) Weighted average number of common shares outstanding: Common Stock ........................................ 20,766,489 18,739,933 ------------ ------------ Basic net loss per common share ..................... $ (0.29) $ (0.17) ============ ============ DILUTED NET LOSS PER COMMON SHARE: Net loss attributable to common stockholders ........ $ (5,996,827) $ (3,222,926) Weighted average number of common shares outstanding: Common Stock ........................................ 20,766,489 18,739,933 Effect of common stock equivalents .................. -- -- ------------ ------------ Total ............................................... 20,766,489 18,739,933 ------------ ------------ Diluted net loss per common share ................... $ (0.29) $ (0.17) ============ ============ SIX MONTHS ENDED JUNE 30: BASIC NET LOSS PER COMMON SHARE: Net loss attributable to common stockholders ........ $ (8,144,935) $ (4,673,526) Weighted average number of common shares outstanding: Common Stock ........................................ 20,079,210 13,277,210 ------------ ------------ Basic net loss per common share ..................... $ (0.41) $ (0.35) ============ ============ DILUTED NET LOSS PER COMMON SHARE: Net loss attributable to common stockholders ........ $ (8,144,935) $ (4,673,526) Weighted average number of common shares outstanding: Common Stock ........................................ 20,079,210 13,277,210 Effect of common stock equivalents .................. -- -- ------------ ------------ Total ............................................... 20,079,210 13,277,210 ------------ ------------ Diluted net loss per common share ................... $ (0.41) $ (0.35) ============ ============