Note 20 - Loss Per Share

6 Months Ended

Jun. 30, 2023

Notes to Financial Statements

Earnings Per Share [Text Block]

20. Loss per share

Basic and diluted loss 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):

	Six Months Ended June 30,						Three Months Ended June 30,
	2023			2022			2023			2022
	(Unaudited)			(Unaudited)			(Unaudited)			(Unaudited)
Net loss attributable to ZW Data Action Technologies Inc. (numerator for basic and diluted loss per share)	$	(2,546	)	$	(2,431	)	$	(1,403	)	$	(1,714	)
Weighted average number of common shares outstanding -Basic and diluted		7,185,114			7,097,440			7,195,605			7,114,726
Loss per share-Basic and diluted	$	(0.35	)	$	(0.34	)	$	(0.19	)	$	(0.24	)

For the six and three months ended June 30, 2023 and 2022, the diluted loss per share calculation did not include any outstanding warrants to purchase the Company’s common stock, because they were out-of-the-money and their effect was anti-dilutive.