Note 22 - (Loss) Earnings Per Share

9 Months Ended

Sep. 30, 2021

Notes to Financial Statements

Earnings Per Share [Text Block]

22. (Loss)/earnings per share

Basic and diluted (loss)/earnings 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,
	2021			2020			2021		2020
	(Unaudited)			(Unaudited)			(Unaudited)		(Unaudited)
Net (loss)/income attributable to ZW Data Action Technologies Inc. (numerator for basic and diluted loss per share)	$	(1,586	)	$	(4,611	)	$	1,375	$	(1,333	)
Weighted average number of common shares outstanding -Basic and diluted		32,279,304			21,271,301			35,332,220		21,720,259
(Loss)/earnings per share-Basic and diluted	$	(0.05	)	$	(0.22	)	$	0.04	$	(0.06	)

For the nine and three months ended September 30, 2021 and 2020, the diluted (loss)/earnings per share calculation did not include any outstanding warrants and options to purchase the Company’s common stock, because their effect was anti-dilutive.