Note 26 - Loss Per Share

3 Months Ended

Mar. 31, 2016

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

26. 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):

	Three Months Ended March 31,
	2016			2015
	US$(’000)			US$(’000)
	(Unaudited)			(Unaudited)
Net loss attributable to ChinaNet Online Holdings, Inc. from continuing operations (numerator for basic and diluted loss per share from continuing operations)	$	(1,365	)	$	(1,763	)
Net loss attributable to ChinaNet Online Holdings, Inc. from discontinued operation (numerator for basic and diluted loss per share from discontinued operation)	$	(46	)	$	(25	)
Weighted average number of common shares outstanding - Basic		28,356,797			26,366,797
Effect of diluted securities:
Unvested restricted common stocks		-			-
Common stock purchase options		-			-
Weighted average number of common shares outstanding -Diluted		28,356,797			26,366,797
Loss per share-Basic and diluted from continuing operations	$	(0.05	)	$	(0.07	)
Loss per share-Basic and diluted from discontinued operations	$	-		$	-

For the three months ended March 31, 2016, the diluted loss per share calculation for continuing and discontinued operations did not include options to purchase up to 2,088,040 shares of the Company’s common stock, because they were out of the money, and did not include 1,998,926 shares of unvested restricted common stock, because their effect was anti-dilutive, as the Company incurred a loss for the period for both continuing and discontinued operations.

For the three months ended March 31, 2015, the diluted loss per share calculation for continuing and discontinued operations did not include 2,666,667 shares of unvested restricted common stock and exercisable in-the-money options to purchase up to 894,940 shares of the Company’s common stock, because their effect was anti-dilutive, as the Company incurred a loss for the period for both continuing and discontinued operations.