Three Months Ended March 31,

2021

2020

Net income from continuing operations attributable to Consolidated Water Co. Ltd. stockholders

$

1,301,566

$

3,204,972

Less: preferred stock dividends

(2,559)

(2,869)

Net income from continuing operations available to common shares in the determination of basic earnings per common share

1,299,007

3,202,103

Total loss from discontinued operations

(312,794)

(316,365)

Net income available to common shares in the determination of basic earnings per common share

$

986,213

$

2,885,738

Weighted average number of common shares in the determination of basic earnings per common share attributable to Consolidated Water Co. Ltd. common stockholders

15,201,458

15,114,506

Plus:

Weighted average number of preferred shares outstanding during the period

30,469

33,751

Potential dilutive effect of unexercised options and unvested stock grants

124,915

120,627

Weighted average number of shares used for determining diluted earnings per common share attributable to Consolidated Water Co. Ltd. common stockholders

15,356,842

15,268,884