XML 14 R4.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues $ 6,420 $ 9,820 $ 9,951 $ 16,136
Cost of revenues 6,092 9,931 9,551 16,561
Gross (loss)/ profit 328 (111) 400 (425)
Operating expenses        
Sales and marketing expenses 54 45 133 93
General and administrative expenses 575 1,180 1,490 2,112
Research and development expenses 0 0 0 18
Total operating expenses 629 1,225 1,623 2,223
Loss from operations (301) (1,336) (1,223) (2,648)
Other income/(expenses)        
Interest income 76 79 167 151
Other expenses, net (6) (9) (28) (14)
Impairment on long-term investment (2) (209) (2) (209)
Change in fair value of warrant liabilities 0 71 0 172
Total other income/(expenses) 68 (68) 137 100
Loss before income tax benefit/(expense) and noncontrolling interests (233) (1,404) (1,086) (2,548)
Income tax benefit/(expenses) 1 1 4 2
Net loss (232) (1,403) (1,082) (2,546)
Net loss attributable to noncontrolling interests 16 0 16 0
Net loss attributable to ZW Data Action Technologies Inc. (216) (1,403) (1,066) (2,546)
Net loss (232) (1,403) (1,082) (2,546)
Foreign currency translation income/(loss) 39 283 46 202
Comprehensive Loss (193) (1,120) (1,036) (2,344)
Comprehensive income attributable to noncontrolling interests 16 0 16 0
Comprehensive loss attributable to ZW Data action Technologies Inc. $ (177) $ (1,120) $ (1,020) $ (2,344)
Loss per share        
Basic and diluted (in dollars per share) $ (0.03) $ (0.19) $ (0.15) $ (0.35)
Weighted average number of common shares outstanding:        
Basic and diluted (in shares) 7,204,506 7,195,605 7,204,506 7,185,114