Note 23 - Loss Per Share

9 Months Ended

Sep. 30, 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):

	Nine Months Ended September 30,						Three Months Ended September 30,
	2020			2019			2020			2019
	(Unaudited)			(Unaudited)			(Unaudited)			(Unaudited)
Net loss attributable to ZW Data Technologies Inc. (numerator for basic and diluted loss per share)	$	(4,611	)	$	(1,905	)	$	(1,333	)	$	(388	)
Weighted average number of common shares outstanding -Basic and diluted		21,271,301			16,447,233			21,720,259			16,517,440
Loss per share-Basic and diluted	$	(0.22	)	$	(0.12	)	$	(0.06	)	$	(0.02	)

For the

nine

and

three

months ended

September 30, 2020,

the diluted loss per share calculation did

not

include warrants and options to purchase up to

129,000

and

277,976

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

For the

nine

and

three

months ended

September 30, 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 net loss for both periods.