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Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues $ 14,551 $ 10,416 $ 22,947 $ 14,800
Cost of revenues 14,769 10,118 23,882 13,603
Gross (loss)/profit (218) 298 (935) 1,197
Operating expenses        
Sales and marketing expenses 73 70 101 235
General and administrative expenses 7,899 1,132 8,895 3,928
Research and development expenses 89 116 163 330
Total operating expenses 8,061 1,318 9,159 4,493
Loss from operations (8,279) (1,020) (10,094) (3,296)
Other income/(expenses)        
Interest income/(expense), net 1 0 2 (1)
Other income/(expenses), net 326 18 302 17
Loss on disposal of long-term investments (38) 0 (38) 0
Change in fair value of warrant liabilities 4,322 22 6,829 68
Total other income 4,611 40 7,095 84
Loss before income tax benefit/(expense) and noncontrolling interests (3,668) (980) (2,999) (3,212)
Income tax benefit/(expense) 22 10 40 (68)
Net loss (3,646) (970) (2,959) (3,280)
Net (income)/loss attributable to noncontrolling interests 0 2 (2) 2
Net loss attributable to ZW Data Action Technologies Inc. (3,646) (968) (2,961) (3,278)
Net loss (3,646) (970) (2,959) (3,280)
Foreign currency translation (loss)/gain (4) (4) (23) 68
Comprehensive loss (3,650) (974) (2,982) (3,212)
Comprehensive (income)/loss attributable to noncontrolling interests 1 2 (1) 1
Comprehensive loss attributable to ZW Data Action Technologies Inc. $ (3,649) $ (972) $ (2,983) $ (3,211)
Loss per common share        
Basic and diluted (in dollars per share) $ (0.11) $ (0.04) $ (0.10) $ (0.16)
Weighted average number of common shares outstanding:        
Basic and diluted (in shares) 32,925,488 21,691,926 30,727,546 21,044,666
Unrelated Parties [Member]        
Revenues $ 14,551 $ 10,415 $ 22,947 $ 14,786
Related Parties [Member]        
Revenues $ 0 $ 1 $ 0 $ 14