Gvi Security Solutions Inc – ‘10-K’ for 12/31/96 – EX-11.1

As of:  Monday, 3/31/97   ·   For:  12/31/96   ·   Accession #:  950146-97-471   ·   File #:  0-21295

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Annual Report   —   Form 10-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                         59    274K 
 2: EX-10.9     Letter to Phillip                                      2      9K 
 3: EX-11.1     Statement of Computation of Net Loss                   1      4K 
 4: EX-27       Financial Data Schedule                                1      6K 

EX-11.1   —   Statement of Computation of Net Loss

                                                                    EXHIBIT 11.1

THINKING TOOLS, INC.

STATEMENT OF COMPUTATION OF NET LOSS PER SHARE
(In thousands, except share amounts)

                                                              December 31,
                                                             -------------------
                                                            1996      1995
                                                             --------  ---------

Net loss                                                     $(2,514)      (589)
                                                             -------   ---------

Weighted average common shares outstanding                     3,152      2,768 

Common stock options issued within 12 months of the                             
Company's IPO in accordance with SEC Rules and Regulations       141        263 

Common stock options granted within 12 months of the                            
Company's IPO in accordance with SEC Rules and Regulations        91        110 
                                                            -------   --------

Shares used in per share calculation                           3,384      3,141 
                                                            -------   --------

Net loss per share                                           $ (0.74)     (0.19)
                                                            =======   ========