Note 20 - Loss Per Share

3 Months Ended

Mar. 31, 2024

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):

	Three Months Ended March 31,
	2024			2023
	US$(’000)			US$(’000)
	(Unaudited)			(Unaudited)
Net loss attributable to ZW Data Action Technologies Inc. (numerator for basic and diluted loss per share)	$	(850	)	$	(1,143	)
Weighted average number of common shares outstanding -Basic and diluted		7,204,506			7,174,506
Loss per share -Basic and diluted	$	(0.12	)	$	(0.16	)

For the three months ended March 31, 2024 and 2023, 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.