Note 28 - Loss Per Share

12 Months Ended

Dec. 31, 2015

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

28. Loss per share

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

	Year Ended December 31,
	2015			2014
	US$(’000)			US$(’000)
Net loss attributable to ChinaNet Online Holdings, Inc. from continued operations (numerator for basic and diluted loss per share from continued operations)	$	(7,627	)	$	(12,267	)
Net loss attributable to ChinaNet Online Holdings, Inc. from discontinued operation  (numerator for basic and diluted loss per share from discontinued operation)		(1,465	)		(1,471	)
Weighted average number of common shares outstanding – Basic		26,765,673			22,414,523
Effect of diluted securities:
Unvested restricted common stocks		-			-
Common stock purchase options		-			-
Weighted average number of common shares outstanding – Diluted		26,765,673			22,414,523
Loss per share-Basic and diluted from continued operations	$	(0.29	)	$	(0.55	)
Loss per share-Basic and diluted from discontinued operation	$	(0.05	)	$	(0.07	)

For the year ended December 31, 2015, the diluted loss per share calculation for continued and discontinued operations did not include a weighted average number of 2,659,361 shares of unvested restricted common stock and a weighted average number of exercisable in-the-money options to purchase up to 562,557 shares of the Company’s common stock, respectively, because their effect was anti-dilutive, as the Company incurred a loss for the yearfor both continued and discontinued operations.

For the year ended December 31, 2014, the diluted loss per share calculation for continued and discontinued operations did not include a weighted average number of 14,612 shares of unvested restricted common stock and a weighted average number of exercisable in-the-money options to purchase up to 441,559 shares of the Company’s common stock, respectively, because their effect was anti-dilutive, as the Company incurred a loss for the year for both continued and discontinued operations.