EXHIBIT 11
LASERSIGHT INCORPORATED
COMPUTATION OF PER SHARE EARNINGS
NINE MONTHS ENDED SEPTEMBER 30, 2000 AND 1999
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Three Months Ended Nine Months Ended
September 30, September 30,
2000 1999 2000 1999
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BASIC AND DILUTED
Weighted average shares outstanding 21,689,000 17,455,000 20,420,000 15,691,000
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Net loss $ (4,517,190) (3,022,500) (9,391,002) (9,793,526)
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Basic loss per share $ (0.21) (0.17) (0.46) (0.62)
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ADDITIONAL DILUTED CALCULATION
Net loss, above $ (4,517,190) (3,022,500) (9,391,002) (9,793,526)
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Additional adjustment to weighted
average number of shares:
Weighted average shares outstanding,
above 21,689,000 17,455,000 20,420,000 15,691,000
Dilutive effect of contingently issuable
shares, stock options and convertible
preferred stock 2,236,000 5,646,000 3,771,000 5,566,000
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Weighted average number of shares,
adjusted 23,925,000 23,101,000 24,191,000 21,257,000
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Diluted loss per share, adjusted (A) $ (0.19) (0.13) (0.39) (0.46)
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(A) This calculation is submitted in accordance with Regulation S-K item
601(b)(11) although it is contrary to paragraph 13-14 of SFAS 128
because it produces an anti-dilutive result.
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