XML 14 R4.htm IDEA: XBRL DOCUMENT v3.4.0.3
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenues    
From unrelated parties $ 5,012,000 $ 5,661,000
From related parties 48,000 63,000
Total revenues 5,060,000 5,724,000
Cost of revenues 3,456,000 4,868,000
Gross profit 1,604,000 856,000
Operating expenses    
Sales and marketing expenses 880,000 1,185,000
General and administrative expenses 1,706,000 1,245,000
Research and development expenses 426,000 490,000
Total operating expenses 3,012,000 2,920,000
Loss from operations (1,408,000) (2,064,000)
Other income (expenses)    
Interest income 27,000 29,000
Interest expense   (17,000)
Other (expenses)/income (12,000) 32,000
Total other income 15,000 44,000
Loss before income tax expense, equity method investments, noncontrolling interests and discontinued operation (1,393,000) (2,020,000)
Income tax benefit 28,000 222,000
Loss before equity method investments, noncontrolling interests and discontinued operation (1,365,000) (1,798,000)
Share of income in equity investment affiliates   1,000
Loss from continuing operations (1,365,000) (1,797,000)
Loss from discontinued operation, net of income tax (46,000) (25,000)
Net loss (1,411,000) (1,822,000)
Net loss attributable to noncontrolling interests from continuing operations   34,000
Net loss attributable to ChinaNet Online Holdings, Inc. (1,411,000) (1,788,000)
Net loss (1,411,000) (1,822,000)
Foreign currency translation gain/(loss) 112,000 (120,000)
Comprehensive loss (1,299,000) (1,942,000)
Comprehensive loss attributable to noncontrolling interests 17,000 33,000
Comprehensive loss attributable to ChinaNet Online Holdings, Inc. $ (1,282,000) $ (1,909,000)
Loss from continuing operations per common share    
Basic and diluted (in Dollars per share) $ (0.05) $ (0.07)
Loss from discontinued operations per common share    
Basic and diluted (in Dollars per share) $ 0 $ 0
Weighted average number of common shares outstanding:    
Basic and diluted (in Shares) 28,356,797 26,366,797