EX-11 3 ex11.htm Exhibit 11

Exhibit 11
Nano-Proprietary, Inc.
Computation of Income (Loss) Per Share

   

Three Months ended June 30,

Six Months ended June 30,
   

2003

  

2002

2003

  

2002
                 

Computation of loss per common share:

              
               

   Net loss applicable to common  shares

  

$(696,056)

  

$(1,504,208)

$(1,467,025)

$(2,894,400)
                 

   Weighted average number of common shares

  

85,552,973 

  

63,648,286 

  

82,661,901 

  

62,924,823 
                 

   Net income (loss) per common share

  

$(0.01)

  

$(0.02)

$(0.02)

  

$(0.04)
                 
                 

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 antidilutive loss per common share.