EXHIBIT 11
STATEMENT REGARDING COMPUTATION OF PER SHARE EARNINGS
ZAP.COM CORPORATION
(A DEVELOPMENT STAGE COMPANY)
| Statement Regarding Computation of Per Share Earnings |
|
| |
|
Three Months Ended |
|
|
Six Months Ended |
|
| |
|
|
|
| |
|
June 30, |
|
June 30, |
|
June 30, |
|
June 30, |
|
| |
|
1999 |
|
2000 |
|
1999 |
|
2000 |
|
| |
|
|
|
|
|
|
|
|
|
| Net loss |
|
$ |
(361,550 |
) |
$ |
(162,963) |
|
$ |
(665,735 |
) |
$ |
(3,251,812 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Actual outstanding Common Shares at beginning of period |
|
|
49,450,000 |
(1) |
|
50,000,000 |
|
|
49,450,000 |
(1) |
|
50,000,000 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Sum of weighted average activity of Common
Shares issued for stock options and warrants |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Weighted Basic Shares |
|
|
49,450,000 |
|
|
50,000,000 |
|
|
49,450,000 |
|
|
50,000,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Effect of assumed exercise of Common Stock
equivalents |
|
|
— |
|
|
— |
|
|
— |
|
|
— |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Weighted diluted shares |
|
|
49,450,000 |
|
|
50,000,000 |
|
|
49,450,000 |
|
|
50,000,000 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Basic earnings (loss) per share |
|
$ |
(0.01 |
) |
$ |
0.00 |
|
$ |
(0.01 |
) |
$ |
(.07 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Diluted earnings (loss) per share |
|
$ |
( 0.01 |
) |
$ |
0.00 |
|
$ |
(0.01 |
) |
$ |
(.07 |
) |
____________
(1) Outstanding shares retroactively adjusted to reflect 49,450 for one split on November 12, 1999.
