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Condensed Consolidated Statements of Operations and Comprehensive Income/(Loss) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenues $ 8,396 $ 4,384
Cost of revenues 9,113 3,485
Gross (loss)/profit (717) 899
Operating expenses    
Sales and marketing expenses 28 165
General and administrative expenses 996 2,796
Research and development expenses 74 214
Total operating expenses 1,098 3,175
Loss from operations (1,815) (2,276)
Other income/(expenses)    
Interest income/(expense), net 1 (1)
Other expenses (24) (1)
Change in fair value of warrant liabilities 2,507 46
Total other income 2,484 44
Income/(loss) before income tax benefit/(expense) and noncontrolling interests 669 (2,232)
Income tax benefit/(expense) 18 (78)
Net income/(loss) 687 (2,310)
Net (income)/loss attributable to noncontrolling interests (2)
Net income/(loss) attributable to ZW Data Action Technologies Inc. 685 (2,310)
Net income/(loss) 687 (2,310)
Foreign currency translation (loss)/gain (19) 72
Comprehensive income/(loss) 668 (2,238)
Comprehensive income attributable to noncontrolling interests (2) (1)
Comprehensive income/(loss) attributable to ZW Data Action Technologies Inc. $ 666 $ (2,239)
Earnings/(loss) per common share    
Basic and diluted (in dollars per share) $ 0.02 $ (0.11)
Weighted average number of common shares outstanding:    
Basic and diluted (in shares) 28,505,181 20,397,406
Unrelated Parties [Member]    
Revenues $ 8,396 $ 4,371
Related Parties [Member]    
Revenues $ 13