Exhibit 11
Applied Nanotech Holdings, Inc.
Computation of Loss Per Share

	Three Months ended March 31,
	2014			2013
Computation of loss per common share:
Net loss applicable to common  shares	$	(441,480	)	$	(1,374,940	)
Weighted average number of common shares		154,425,018			123,137,188
Net loss per common share	$	(0.00	)	$	(0.01	)

Computation of loss per common

    share assuming full dilution**

** No computation of diluted loss per common share is included for any period because such computation results in an antidilutive loss per common share.