Note 23 - Loss Per Share

3 Months Ended

Mar. 31, 2020

Notes to Financial Statements

Earnings Per Share [Text Block]

23. 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,
	2020			2019
	US$(’000)			US$(’000)
	(Unaudited)			(Unaudited)
Net loss attributable to ChinaNet Online Holdings, Inc. (numerator for basic and diluted loss per share)	$	(2,310	)	$	(1,138	)
Weighted average number of common shares outstanding -Basic and diluted		20,397,406			16,410,543
Loss per share -Basic and diluted	$	(0.11	)	$	(0.07	)

For the

three

months ended

March 31, 2020,

the diluted loss per share calculation did

not

include warrants and options to purchase up to

774,000

and

755,216

shares of the Company’s common stock, respectively, because their effect was anti-dilutive, as the Company incurred a loss for the period.

For the

three

months ended

March 31, 2019,

the diluted loss per share calculation did

not

include warrants and options to purchase up to

774,000

and

835,216

shares of the Company’s common stock, respectively, because their effect was anti-dilutive, as the Company incurred a loss for the period.