EXHIBIT 11
CYTOCLONAL PHARMACEUTICS INC.
COMPUTATION OF NET (LOSS) PER COMMON SHARE
(unaudited)
THREE MONTHS THREE MONTHS
ENDED ENDED
MARCH 31, MARCH 31,
1997 1998
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Net (loss) $(738,000) $(790,000)
Add cumulative preferred dividend (78,000) (61,000)
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NET (LOSS) USED FOR COMPUTATION $(816,000) $(851,000)
Weighted average number of common shares
outstanding - basic and diluted loss per share 7,934,000 8,849,000
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Basic and diluted loss per common share $(0.10) $(0.10)