Note 26 - Loss Per Share

6 Months Ended

Jun. 30, 2018

Notes to Financial Statements

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):

	Six Months Ended June 30,						Three Months Ended June 30,
	2018			2017			2018			2017
	(Unaudited)			(Unaudited)			(Unaudited)			(Unaudited)
Net loss attributable to ChinaNet Online Holdings, Inc. (numerator for basic and diluted loss per share)	$	(10,069	)	$	(1,876	)	$	(9,504	)	$	(789	)
Weighted average number of common shares outstanding -Basic and diluted		15,676,249			11,990,950			15,866,305			11,999,304
Loss per share-Basic and diluted	$	(0.64	)	$	(0.16	)	$	(0.60	)	$	(0.07	)

For the

six

and

three

months ended

June 30, 2018,

the diluted loss per share calculation did

not

include warrants to purchase up to

774,000

shares of the Company’s common stock, because they were out of the money, and did

not

include options to purchase up to

835,216

shares of the Company’s common stock and

266,238

shares of unvested restricted common stock, because their effect was anti-dilutive, as the Company incurred a net loss for both periods.

For the

six

and

three

months ended

June 30, 2017,

the diluted loss per share calculation did

not

include options to purchase up to

835,21

6

shares of the Company’s common stock and

266,238

shares of unvested restricted common stock, because their effect was anti-dilutive, as the Company incurred a net loss for both periods.