XML 32 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements Of Operations And Comprehensive (loss)/income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Sales    
From unrelated parties $ 14,920 $ 6,834
From related parties 15 190
14,935 7,024
Cost of sales 12,538 2,030
Gross margin 2,397 4,994
Operating expenses    
Selling expenses 689 713
General and administrative expenses 1,243 890
Research and development expenses 331 353
2,263 1,956
Income from operations 134 3,038
Other income (expenses)    
Interest income 5 1
Gain on deconsolidation of subsidiaries   229
Other (expenses)/income (1) 6
4 236
Income before income tax expense, equity method investments and noncontrolling interests 138 3,274
Income tax expense 236 431
(Loss)/income before equity method investments and noncontrolling interests (98) 2,843
Share of losses in equity investment affiliates (193) (47)
Net (loss)/income (291) 2,796
Foreign currency translation gain 263 196
Comprehensive (Loss)/Income (28) 2,992
Less: Comprehensive (loss)/income attributable to non-controlling interests 112 (13)
Comprehensive (loss)/income attributable to ChinaNet Online Holdings, Inc. (140) 3,005
(Loss)/earnings per common share    
Basic (in Dollars per share) $ (0.02) $ 0.15
Diluted (in Dollars per share) $ (0.02) $ 0.14
Weighted average number of common shares outstanding:    
Basic (in Shares) 22,182,584 17,244,315
Diluted (in Shares) 22,182,584 20,819,982
Net (income)/loss attributable to noncontrolling interests (75) 16
Net (loss)/income attributable to ChinaNet Online Holdings, Inc. (366) 2,812
Dividend of Series A convertible preferred stock   (169)
Net (loss)/income attributable to common stockholders of ChinaNet Online Holdings, Inc. $ (366) $ 2,643