Cygnus Inc/DE – ‘10-K’ for 12/31/96 – EX-11.1

As of:  Friday, 3/21/97   ·   For:  12/31/96   ·   Accession #:  912057-97-9742   ·   File #:  0-18962

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Annual Report   —   Form 10-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                         32    173K 
 2: EX-10.30    Material Contract                                      7     30K 
 3: EX-10.31    Material Contract                                     13     47K 
 4: EX-11.1     Statement re: Computation of Earnings Per Share        1      6K 
 5: EX-13.0     Annual or Quarterly Report to Security Holders        25    140K 
 6: EX-23.1     Consent of Experts or Counsel                          1      7K 
 7: EX-27       Financial Data Schedule (Pre-XBRL)                     2      7K 

EX-11.1   —   Statement re: Computation of Earnings Per Share

EX-11.1
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                                                                    EXHIBIT 11.1

CYGNUS, INC.
STATEMENT REGARDING COMPUTATION OF LOSS PER SHARE 

(IN THOUSANDS, EXCEPT PER SHARE DATA) 

                                                        [Enlarge/Download Table]

                                                                                    YEAR ENDED DECEMBER 31,       
                                                                               ---------------------------------- 
                                                                                  1996        1995        1994    
                                                                               ----------  ----------  ---------- 
                                                                                                                  
Primary and fully diluted:                                                                                        
  Weighted average of common shares outstanding during the period.............     18,544      16,265      13,947 
                                                                               ----------  ----------  ---------- 
Shares used in computation of net loss per share..............................     18,544      16,265      13,947 
                                                                               ----------  ----------  ---------- 
                                                                               ----------  ----------  ---------- 
Net loss...................................................................... $  (11,052) $  (12,842) $  (17,360)
                                                                               ----------  ----------  ---------- 
                                                                               ----------  ----------  ---------- 
Net loss per share............................................................ $    (0.60) $    (0.79) $    (1.24)
                                                                               ----------  ----------  ---------- 
                                                                               ----------  ----------  ---------- 

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