Note 20 - Loss Per Share

9 Months Ended

Sep. 30, 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):

	Nine Months Ended September 30,						Three Months Ended September 30,
	2024			2023			2024			2023
	(Unaudited)			(Unaudited)			(Unaudited)			(Unaudited)
Net loss	$	(2,987	)	$	(4,066	)	$	(1,905	)	$	(1,520	)
Net (income)/loss attributable to noncontrolling interests from continued operations		7			-			(9	)		-
Net loss attributable to ZW Data Action Technologies Inc. (numerator for basic and diluted loss per share)	$	(2,980	)	$	(4,066	)	$	(1,914	)	$	(1,520	)
Weighted average number of common shares outstanding -Basic and diluted*		1,802,582			1,797,999			1,805,289			1,801,213
Loss per share-Basic and diluted*	$	(1.65	)	$	(2.26	)	$	(1.06	)	$	(0.84	)

For the nine and three months ended September 30, 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.

* Retrospectively restated for effect of the 1-for-4 reverse stock split effective on September 30, 2024, see Note 4(g).