SEC Info  
    Home      Search      My Interests      Help      Sign In      Please Sign In

Athersys, Inc/New – ‘S-1’ on 7/9/07 – EX-11.1

On:  Monday, 7/9/07, at 5:58pm ET   ·   As of:  7/10/07   ·   Accession #:  950152-7-5716   ·   File #:  333-144433

Previous ‘S-1’:  None   ·   Next:  ‘S-1/A’ on 9/12/07   ·   Latest:  ‘S-1/A’ on 11/22/23   ·   4 References:   

Find Words in Filings emoji
 
  in    Show  and   Hints

  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 7/10/07  Athersys, Inc/New                 S-1         7/09/07    4:2.9M                                   Bowne BCL/FA

Registration Statement (General Form)   —   Form S-1
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: S-1         Bthc Vi, Inc. S-1                                   HTML   2.41M 
 2: EX-4.5      Instrument Defining the Rights of Security Holders  HTML     16K 
 3: EX-11.1     Statement re: Computation of Earnings Per Share     HTML     16K 
 4: EX-23.1     Consent of Experts or Counsel                       HTML      5K 


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


This exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



  EX-11.1  

 

Exhibit 11.1
STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS
The computation of basic and diluted earnings per common share was as follows for the years ended December 31, 2004, 2005 and 2006, and for the three months ended March 31, 2006 and 2007:
                                         
    Year Ended December 31,   Three months ended March 31,
    2004   2005   2006   2006   2007
Net loss before cumulative effect of change in accounting principle
  $ (15,154 )   $ (14,599 )   $ (10,871 )   $ (2,793 )   $ (2,720 )
Cumulative effect of change in accounting principle
              $ 306     $ 306        
Net loss
  $ (15,154 )   $ (14,599 )   $ (10,565 )   $ (2,487 )   $ (2,720 )
Preferred stock dividends
  $ (2,325 )   $ (2,253 )   $ (1,408 )   $ (348 )   $ (375 )
Net loss attributable to common stockholders
  $ (17,479 )   $ (16,852 )   $ (11,973 )   $ (2,835 )   $ (3,095 )
 
                                       
Weighted average shares outstanding, basic and diluted
    292,173       291,612       293,142       291,255       293,770  
 
                                       
Basic and diluted net loss per common share:
                                       
Net loss before cumulative effect of change in accounting principal
  $ (59.82 )   $ (57.79 )   $ (41.89 )   $ (10.78 )   $ (10.54 )
Cumulative effect of change in accounting principal
              $ 1.05     $ 1.05        
Net loss
  $ (59.82 )   $ (57.79 )   $ (40.84 )   $ (9.73 )   $ (10.54 )
The following securities were not included in the computation of diluted earnings per share since Athersys reported a net loss for those periods and the inclusion of those securities in the computation would have been antidilutive:
    Outstanding stock options to purchase 149,017, 138,795 and 116,083 shares of Athersys common stock for the years ended December 31, 2004, 2005 and 2006, respectively, and 128,380 and 103,369 shares of Athersys common stock for the three months ended March 31, 2006 and 2007, respectively; and
 
    Outstanding warrants to purchase 39,830, 25,639 and 25,639 shares of Athersys common stock for the years ended December 31, 2004, 2005 and 2006, respectively, and 25,639 and 24,940 shares of Athersys common stock for the three months ended March 31, 2006 and 2007, respectively, and warrants that were issuable but not outstanding; and
 
    443,798, 385,854 and 385,424 shares of Athersys common stock for the years ended December 31, 2004, 2005 and 2006, respectively, and 364,085 shares of Athersys common stock for the three months ended March 31, 2006 and 2007, that were issuable upon the conversion of convertible preferred stock of Athersys; and
 
    Approximately 160,000 shares of Athersys common stock for the year ended December 31, 2006 and 264,000 shares of Athersys common stock for the three months ended March 31, 2007, that were issuable upon the conversion of convertible promissory notes of Athersys.


Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘S-1’ Filing    Date    Other Filings
Filed as of:7/10/07
Filed on:7/9/07
3/31/0710QSB
12/31/0610KSB
3/31/06
12/31/05
12/31/04
3/31/04
 List all Filings 


4 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

10/12/07  SEC                               UPLOAD9/30/17    1:25K  Athersys, Inc./New
10/12/07  SEC                               UPLOAD9/30/17    1:36K  Athersys, Inc./New
 8/31/07  SEC                               UPLOAD9/30/17    1:39K  Athersys, Inc./New
 8/07/07  SEC                               UPLOAD9/30/17    1:141K Athersys, Inc./New
Top
Filing Submission 0000950152-07-005716   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

Copyright © 2024 Fran Finnegan & Company LLC – All Rights Reserved.
AboutPrivacyRedactionsHelp — Mon., Apr. 29, 2:45:36.1am ET