Note 23 - Loss Per Share

12 Months Ended

Dec. 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 years presented is calculated as follows (All amounts, except number of shares and per share data, are presented in thousands of U.S. dollars):

	Year Ended December 31,
	2020			2019
	US$('000)			US$('000)
Net loss attributable to ZW Data Action Technologies Inc. (numerator for basic and diluted loss per share)	$	(5,216	)	$	(1,261	)
Weighted average number of common shares outstanding – Basic and diluted		21,602,107			17,130,335
Loss per share -Basic and diluted	$	(0.24	)	$	(0.07	)

For the years ended

December 31, 2020

and

2019,

the diluted loss per share calculation did

not

include any outstanding warrants and options to purchase the Company's common stock, because their effect was anti-dilutive, as the Company incurred a loss for both years.