Note 6 - Earnings Per Share

6 Months Ended

Jun. 30, 2019

NOTE

- EARNINGS 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

six

months ended

June 30, 2019

and

2018:

	For the Six Months Ended June 30 ,
	2019		2018
Net Gain (Loss) attributable to LiqTech International, Inc.	$	181,030	$	(1,796,815	)
Weighted average number of common shares used in basic earnings per share		18,742,029		13,682,405
Effect of dilutive securities, stock options and warrants		16,079		-
Weighted average number of common shares and potential dilutive common shares outstanding used in dilutive earnings per share		18,758,108		13,682,405

For the

six

months ended

June 30, 2019,

the Company had

25,000

options outstanding to purchase common stock at

$2.96

per share.

For the

six

months ended

June 30, 2018,

the Company had

113,750

options outstanding to purchase common stock at

$2.96

per share and

100,000

warrants outstanding to purchase common stock at

$6.60

per share, which were

not

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