Note 22 - Loss Per Share

12 Months Ended

Dec. 31, 2021

Notes to Financial Statements

Earnings Per Share [Text Block]

22. 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,
	2021			2020
	US$(’000)			US$(’000)
Net loss attributable to ZW Data Action Technologies Inc. (numerator for basic and diluted loss per share)	$	(2,754	)	$	(5,216	)
Weighted average number of common shares outstanding – Basic and diluted		33,048,921			21,602,107
Loss per share -Basic and diluted	$	(0.08	)	$	(0.24	)

For the years ended December 31, 2021 and 2020, 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.