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EXHIBIT 11
DEXTERITY SURGICAL, INC. AND SUBSIDIARY
COMUTATION OF EARNINGS (LOSS) PER SHARE
(Unaudited)
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Three Months Ended June 30, Six Months Ended June 30,
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2000 1999 2000 1999
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<S> <C> <C> <C> <C>
COMPUTATION OF BASIC LOSS PER SHARE:
Net loss $ (1,390,346) $ (1,282,026) $ (2,287,671) $ (1,534,455)
Preferred Stock Dividends (40,900) (43,900) (81,800) (87,683)
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Net loss available for common stock shareholders (1,431,246) (1,325,926) (2,369,471) (1,622,138)
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WEIGHTED AVERAGE SHARES OF COMMON STOCK
OUTSTANDING USED FOR COMPUTATION 11,237,151 10,212,742 10,750,331 8,929,409
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BASIC LOSS PER COMMON SHARE $ (.13) $ (.13) $ (.22) $ (.18)
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COMPUTATION OF DILUTED LOSS PER SHARE:
Net loss $ (1,390,346) $ (1,282,026) $ (2,287,671) $ (1,534,455)
Interest on Convertible Debentures $ 67,500 $ 67,500 $ 135,000 $ 135,000
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Net loss used for computation $ (1,322,846) $ (1,214,526) $ (2,152,671) $ (1,399,455)
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Weighted average shares of common stock outstanding 11,237,151 10,212,742 10,750,331 8,929,409
Weighted average incremental shares outstanding upon assumed
conversion of options and other dilutive securities 5,280 5,282 118,001 5,282
Weighted average incremental shares outstanding upon
assumed conversion of preferred stock 1,310,897 1,371,875 1,345,410 1,370,052
Weighted average incremental shares outstanding upon assumed
conversion of Convertible Debentures 3,000,000 1,875,000 3,000,000 1,875,000
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WEIGHTED AVERAGE SHARES OF COMMON STOCK
AND COMMON STOCK EQUIVALENTS OUTSTANDING
USED FOR COMPUTATION 15,553,328 13,464,899 15,213,742 12,179,743
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DILUTED LOSS PER COMMON SHARE AND COMMON
SHARE EQUIVALENTS (a) $ (.09) $ (.09) $ (.14) $ (.11)
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(a) This calculation is submitted in accordance with Item 601(b)(11) of
Regulation S-B although it is not required by SFAS No. 128 because it is
antidilutive. As a result, it is not the amount reflected on the statements
of operations.
