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EXHIBIT 11
MANGOSOFT, INC. AND SUBSIDIARY
(A DEVELOPMENT STAGE COMPANY)
COMPUTATION OF NET LOSS PER COMMON SHARE
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Year Ended December 31,
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1999 1998
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BASIC NET LOSS PER COMMON SHARE:
Net loss applicable to common shares as reported .... $(34,906,568) $(15,708,395)
Weighted average number of common shares outstanding:
Common Stock ................................... 6,414,178 136,367
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Basic net loss per common share ................ $ (5.44) $ (115.19)
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DILUTED NET LOSS PER COMMON SHARE:
Net loss applicable to common shares as reported .... $(34,906,568) $(15,708,395)
Weighted average number of common shares outstanding:
Common Stock ................................... 6,414,178 136,367
Effect of common stock equivalents ............. -- --
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Total ..................................... 6,414,178 136,367
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Diluted net loss per common share .............. $ (5.44) $ (115.19)
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