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Note 6 - Earnings Per Share
 3 Months Ended
Mar. 31, 2020
Notes to Financial Statements  
Earnings Per Share [Text Block]
NOTE
6
 - EARNINGS PER SHARE
 
The following data shows the amounts used in computing earnings per share and the weighted average number of shares of potential dilutive common stock for the
three
months ended
March 31, 2020
and
2019:
 
   
For the Three Months
Ended March 31,
  
   
2020
    
2019
  
Net Income attributable to LiqTech International Inc.
   $
303,499
     $
34,244
  
Weighted average number of common shares used in basic earnings per share
    
20,554,524
      
18,267,068
  
Effect of dilutive securities, stock options, RSU’s, and warrants
    
156,511
      
878,807
  
Weighted average number of common shares and potential dilutive common shares outstanding used in dilutive earnings per share
    
20,711,035
      
19,145,875
  
 
For the
three
months ended
March 31, 2020,
the Company had
25,000
options outstanding to purchase common stock at
$2.96
per share.
 
For the
three
months ended
March 31, 2019,
the Company had
25,000
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.