Note 27 - Loss Per Share

9 Months Ended

Sep. 30, 2015

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

27. Loss per share

Basic and diluted loss per share for each of the periods presented are calculated as follows (All amounts, except number of shares and per share data, are presented in thousands of U.S. dollars):

	Nine Months Ended September 30,						Three Months Ended September 30,
	2015			2014			2015			2014
	US$(’000)			US$(’000)			US$(’000)			US$(’000)
	(Unaudited)			(Unaudited)			(Unaudited)			(Unaudited)
Net loss attributable to ChinaNet Online Holdings, Inc. (numerator for basic and diluted earnings per share)	$	(5,078	)	$	(2,906	)	$	(2,081	)	$	(907	)
Weighted average number of common shares outstanding - Basic		26,687,639			22,385,478			26,913,463			22,403,062
Effect of diluted securities:
Unvested restricted common stocks		-			-			-			-
Common stock purchase options		-			-			-			-
Weighted average number of common shares outstanding -Diluted		26,687,639			22,385,478			26,913,463			22,403,062
Loss per share-Basic and diluted	$	(0.19	)	$	(0.13	)	$	(0.08	)	$	(0.04	)

For the nine and three months ended September 30, 2015, the diluted earnings per share calculation did not include the 2,666,667 shares of unvested restricted common stock and exercisable common stock purchase options to purchase up to 1,292,640 shares of the Company’s common stock, respectively, because their effect was anti-dilutive, as the Company incurred losses during the periods.

For the nine and three months ended September 30, 2014, the diluted earnings per share calculation both did not include the warrants and options to purchase up to 2,363,456 and 939,440 shares of common stock, respectively, because their effect was anti-dilutive, as the Company incurred a loss during the periods.