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Exhibit 11
LANVISION SYSTEMS, INC.
COMPUTATION OF EARNINGS (LOSS) PER COMMON SHARE
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Three Months Ended
April 30,
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2000 1999
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Net income (loss) $ 314,829 $(1,559,020)
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Average shares outstanding used in basic per
common share computation 8,848,093 8,814,520
Stock options:
Total options 263,537 --
Assumed treasury stock buyback (156,443) --
Warrants assumed converted -- --
Convertible redeemable preferred
stock assumed converted -- --
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Number of shares used in diluted per
common share computation 8,955,187 8,814,520
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Basic net income (loss) per share of common stock $ 0.04 $ (0.18)
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Diluted net income (loss) per share of common stock $ 0.04 $ (0.18)
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