EX-11 5 exhibit11.htm COMPUTATION OF LOSS Exhibit 11

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

 

 

Three Months ended Sept. 30,

  

Nine Months ended Sept. 30,

 

 

2003

 

2002

  

2003

 

2002

 

 

 

 

 

 

 

 

 

Computation of loss per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   Net loss applicable to common  shares

 

$(1,212,280)

 

$(1,451,354)

$(2,679,305)

$(4,345,754)

 

 

 

 

 

 

 

 

 

   Weighted average number of common shares

 

88,590,429 

 

66,041,136 

 

84,656,310 

 

63,971,176 

 

 

 

 

 

 

 

 

 

   Net income (loss) per common share

 

$(0.01)    

 

$(0.02)    

  

$(0.03)    

 

$(0.06)    

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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.