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Condensed consolidated statements of operations and comprehensive income (loss) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Net revenues $ 6,050,302 $ 6,339,259 $ 9,363,099 $ 10,055,403
Cost of revenues (7,099,375) (7,830,396) (10,759,318) (11,963,717)
Gross profit (loss) (1,049,073) (1,491,137) (1,396,219) (1,908,314)
Operating expenses:        
Research and development expenses (547,443) (533,171) (1,364,533) (963,515)
Sales and marketing expenses (408,942) (449,757) (613,528) (684,637)
General and administrative expenses (1,284,319) (1,158,255) (2,328,960) (2,142,731)
Total operating expenses (2,240,704) (2,141,183) (4,307,021) (3,790,883)
Operating loss (3,289,777) (3,632,320) (5,703,240) (5,699,197)
Finance expenses, net (136,076) (93,035) (306,165) (95,763)
Other expenses, net (19,835) (28,025) (4,116) (26,636)
Loss before income tax (3,445,688) (3,753,380) (6,013,521) (5,821,596)
Income tax expense 0 0 0 0
Net loss (3,445,688) (3,753,380) (6,013,521) (5,821,596)
Less: Net loss attributable to non-controlling interest 3,493 0 3,493 0
Net loss attributable to CBAK Energy Technology, Inc. (3,442,195) (3,753,380) (6,010,028) (5,821,596)
Net loss (3,445,688) (3,753,380) (6,013,521) (5,821,596)
Other comprehensive income        
- Foreign currency translation adjustment 4,069 357,690 139,777 338,044
Comprehensive loss (3,441,619) (3,395,690) (5,873,744) (5,483,552)
Less: Comprehensive loss attributable to non-controlling interest 3,626 0 3,626 0
Comprehensive loss attributable to CBAK Energy Technology, Inc. $ (3,437,993) $ (3,395,690) $ (5,870,118) $ (5,483,552)
Loss per share        
- Basic and diluted $ (0.13) $ (0.18) $ (0.23) $ (0.29)
Weighted average number of shares of common stock:        
- Basic and diluted 26,557,617 20,402,083 26,530,419 20,059,236