EXHIBIT 11.1
OPHTHALMIC IMAGING SYSTEMS
CALCULATION OF NET LOSS PER SHARE
The following table sets forth the calculation of basic and diluted loss per
share:
<TABLE>
<CAPTION>
2000 1999
----------------- ----------------
<S> <C> <C>
Numerator for basic and diluted net loss per share $ (1,171,563) $ (1,242,840)
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Denominator for basic net loss per share:
Weighted average shares 4,155,428 4,155,428
Effect of dilutive securities (1):
Employee stock options -- --
Warrants and other -- --
----------------- ----------------
Dilutive potential common shares -- --
----------------- ----------------
Denominator for diluted net loss per share 4,430,413 4,155,428
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Basic net loss per share $ (0.26) $ (0.30)
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Diluted net loss per share $ (0.26) $ (0.30)
================= ================
</TABLE>
(1) No amounts are included, as amounts are anti-dilutive.