XML 25 R14.htm IDEA: XBRL DOCUMENT
v3.20.2

Note 6 - Earnings Per Share | 6 Months Ended
--- | ---
Jun. 30, 2020
Notes to Financial Statements |
Earnings Per Share [Text Block] | NOTE 6 - EARNINGS PER SHARE Basic and diluted net income (loss) per common share is determined by dividing net income (loss) by the weighted average common shares outstanding during the period. For the periods where there is a net loss, stock options and warrants have been excluded from the calculation of diluted net loss per common share because their effect would be anti-dilutive. Therefore, the weighted average common shares used to calculate both basic and diluted net loss per common share would be the same. The following data show 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 June 30, 2020 and 2019:
|  | For the Six Months Ended June 30, |
|  | 2020 |  |  | 2019 |
Net Income (Loss) attributable to LiqTech International Inc. |  | $ | (2,260,312 | ) |  | $ | 181,030 |
Weighted average number of common shares used in basic earnings per share |  |  | 20,758,855 |  |  |  | 18,742,029 |
Effect of dilutive securities, stock options, RSUs, and warrants |  |  | - |  |  |  | 16,079 |
Weighted average number of common shares and potential dilutive common shares outstanding used in dilutive earnings per share |  |  | 20,758,855 |  |  |  | 18,758,108 |
For the six months ended June 30, 2020, the Company had 136,632 stock grants outstanding to issue common stock (RSUs). Further the company had 25,000 options outstanding to purchase common stock at $2.96 per share and 515,000 prefunded warrants at $5.00 per share outstanding to issue common stock. For the six months ended June 30, 2019, the Company had 58,334 stock grants outstanding to issue common stock (RSUs). Further the company had 25,000 options outstanding to purchase common stock at $2.96 per share.

X
- References No definition available. + Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3630-109257 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration