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Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Revenues $ 15,439 $ 30,585
Cost of revenues 14,993 31,021
Gross (loss)/profit 446 (436)
Operating expenses    
Sales and marketing expenses 207 267
General and administrative expenses 3,996 4,061
Research and development expenses 0 17
Impairment on intangible assets 0 1,231
Total operating expenses 4,203 5,576
Loss from operations (3,757) (6,012)
Other income/(expenses)    
Change in fair value of warrant liabilities 0 185
Interest income 298 298
Impairment on long-term investments (2) (433)
Gain on disposal of subsidiaries 23 10
Other income/(expenses), net 68 (24)
Total other income 387 36
Loss before income tax benefit/(expense) and noncontrolling interests (3,370) (5,976)
Income tax benefit/(expenses) (399) 2
Net loss (3,769) (5,974)
Net loss attributable to noncontrolling interests 8 0
Net loss attributable to ZW Data Action Technologies Inc. (3,761) (5,974)
Net loss (3,769) (5,974)
Foreign currency translation income/(loss) 133 72
Comprehensive loss (3,636) (5,902)
Comprehensive loss/(income) attributable to noncontrolling interests 10 0
Comprehensive loss attributable to ZW Data Action Technologies Inc. $ (3,626) $ (5,902)
Loss per share    
Basic and diluted ** (in dollars per share) [1] $ (1.86) $ (3.11)
Weighted average number of common shares outstanding :    
Basic and diluted ** (in shares) [1] 2,021,492 1,923,801
[1] Retrospectively restated for effect of the 1-for-5 and 1-for-4 reverse stock split effective on January 18, 2023 and September 30, 2024, see Note 4(l).