Note 22 - (Loss) Earnings Per Share

9 Months Ended

Sep. 30, 2022

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,
	2022			2021			2022			2021
	(Unaudited)			(Unaudited)			(Unaudited)			(Unaudited)
Net (loss)/income attributable to ZW Data Action Technologies Inc. (numerator for basic and diluted loss per share)	$	(5,271	)	$	(1,586	)	$	(2,840	)	$	1,375
Weighted average number of common shares outstanding -Basic and diluted		35,572,200			32,279,304			35,827,677			35,332,220
(Loss)/earnings per share-Basic and diluted	$	(0.15	)	$	(0.05	)	$	(0.08	)	$	0.04

For the nine and three months ended September 30, 2022 and 2021, 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.