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Note 9 - Earnings Per Share
 9 Months Ended
Sep. 30, 2013
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]

NOTE 9 – LOSS PER SHARE


The following data shows the amounts used in computing earnings per share and the effect on income and the weighted average number of shares of potential dilutive common stock for the three and nine months ended September 30, 2013 and 2012:


   


For the Three Months

Ended September 30

   

For the Nine Months

Ended September 30

 
   

2013

   

2012

   

2013

   

2012

 

Net Loss attributable to LiqTech International Inc.

  $ (903,956

)

  $ (427,872

)

  $ (2,881,869

)

  $ (657,779

)

Weighted average number of common shares used in basic earnings per share

    24,511,500       24,111,500       24,329,082       23,488,208  

Effect of dilutive securities, stock options and warrants

    -       -       -       -  

Weighted average number of common shares and potentially dilutive securities

  $ 24,511,500     $ 24,111,500     $ 24,329,082     $ 23,488,208  

For the nine months ended September 30, 2013, Parent had 2,564,130 options outstanding to purchase common stock of the Parent at $1.50 to $3.60 per share and Parent had 7,025,575 warrants outstanding to purchase common stock of the Parent at $1.50 to $4.06 per share, which were not included in the loss per share computation because their effect would be anti-dilutive.


For the nine months ended September 30, 2012, Parent had 2,044,130 options outstanding to purchase common stock of the Parent at $1.50 to $3.60 per share and Parent had 6,625,575 warrants outstanding to purchase common stock of the Parent at $1.50 to $4.06 per share, which were not included in the loss per share computation because their effect would be anti-dilutive.