Note 20 - Loss Per Share

9 Months Ended

Sep. 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):

	Nine Months Ended September 30,						Three Months Ended September 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)	$	(4,066	)	$	(5,271	)	$	(1,520	)	$	(2,840	)
Weighted average number of common shares outstanding -Basic and diluted		7,191,649			7,123,411			7,204,506			7,174,506
Loss per share-Basic and diluted	$	(0.57	)	$	(0.74	)	$	(0.21	)	$	(0.40	)

For the nine and three months ended September 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.