diff --git a/libsquoosh/package.json b/libsquoosh/package.json
index fe676933..87d46e9f 100644
--- a/libsquoosh/package.json
+++ b/libsquoosh/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@squoosh/lib",
-  "version": "0.4.1",
+  "version": "0.5.0",
   "description": "A Node library for Squoosh",
   "public": true,
   "main": "./build/index.js",