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Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenues        
Revenues $ 15,508 $ 17,042 $ 39,528 $ 47,822
Cost of revenues 14,616 16,649 37,828 45,860
Gross profit 892 393 1,700 1,962
Operating expenses        
Sales and marketing expenses 111 239 461 1,083
General and administrative expenses 817 1,738 2,875 4,580
Research and development expenses 239 264 599 722
Impairment on intangible assets 1,502 3,380
Impairment on goodwill 5,289
Total operating expenses 1,167 3,743 3,935 15,054
Loss from operations (275) (3,350) (2,235) (13,092)
Other income (expenses)        
Impairment on long-term investments (460)
Interest expense, net (10) (6) (33) (25)
Other expenses (2) (2) (6) (30)
Change in fair value of warrant liabilities (120) 501 351 1,449
Total other income/(expenses) (132) 493 312 934
Loss before income tax benefit/(expense) and noncontrolling interests (407) (2,857) (1,923) (12,158)
Income tax benefit/(expenses) 16 (116) 10 (805)
Net loss (391) (2,973) (1,913) (12,963)
Net loss attributable to noncontrolling interests 3 20 8 75
Net loss attributable to ChinaNet Online Holdings, Inc. (388) (2,953) (1,905) (12,888)
Net loss (391) (2,973) (1,913) (12,963)
Foreign currency translation gain/(loss) 73 (36) 97 24
Comprehensive loss (318) (3,009) (1,816) (12,939)
Comprehensive loss attributable to noncontrolling interests 1 20 6 69
Comprehensive loss attributable to ChinaNet Online Holdings, Inc. $ (317) $ (2,989) $ (1,810) $ (12,870)
Loss per share        
Basic and diluted (in dollars per share) $ (0.02) $ (0.19) $ (0.12) $ (0.82)
Weighted average number of common shares outstanding:        
Basic and diluted (in shares) 16,517,440 15,915,501 16,447,233 15,756,876
Unrelated Parties [Member]        
Revenues        
Revenues $ 15,113 $ 17,042 $ 39,025 $ 47,822
Related Parties [Member]        
Revenues        
Revenues $ 395 $ 503