Exhibit 11

Nano-Proprietary, Inc.

Computation of Income (Loss) Per Share

	Nine Months ended Sept. 30,						Nine Months ended Sept. 30,
	2007			2006			2007			2006
Computation of loss per common share:
Net loss applicable to common  shares	$	(759,910	)	$	(1,931,038	)	$	(3,335,584	)	$	(5,110,787	)
Weighted average number of common shares		107,173,060			101,862,093			106,034,229			100,469,473
Net income (loss) per common share	$	(0.01	)	$	(0.02	)	$	(0.03	)	$	(0.05	)
Computation of income ( loss ) per common
share assuming full dilution**

** No computation of diluted loss per common share is included for any period because such computation results in an anti-dilutive loss per common share.