Note 9 - Earnings Per Share

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Earnings Per Share [Text Block]

NOTE

9

- EARNINGS PER SHARE

The following data shows the amounts used in computing earnings per share, the effect on income and the weighted average number of shares of potential dilutive common stock for the years ended

December 31, 2019

and

2018:

	For the Year Ended December 31
	2019		2018
Net Income/(Loss) attributable to LiqTech International Inc.	$	39,616	$	(3,814,528	)
Weighted average number of common shares used in basic earnings per share		19,652,277		15,960,909
Effect of dilutive securities, stock options and warrants		15,475		-
Weighted average number of common shares and potential dilutive common shares outstanding used in dilutive earnings per share		19,667,752		15,960,909

For the year ended

December 31, 2019,

the Company had

25,000

options outstanding to purchase common stock at

$2.96

per share.

For the year ended

December 31, 2018,

the Company had

280,000

options outstanding to purchase common stock at

$0.74

per share and

400,000

 warrants outstanding to purchase common stock at

$1.65

per share, which were

not

included in the loss per share computation because their effect would be anti-dilutive.