Three months ended September 30,

Nine months ended September 30,

2017

2018

2017

2018

Net (loss) income

$

(4,202,753

)

$

7,920,563

$

(10,024,349

)

$

1,907,042

Less: Net loss attributable to non-controlling interests

-

7,964

-

11,457

Net (loss) income attributable to shareholders of CBAK Energy Technology, Inc.

(4,202,753

)

7,928,527

(10,024,349

)

1,918,499

Weighted average shares outstanding – basic (note)

26,334,918

26,660,814

22,174,315

26,642,749

Dilutive unvested restricted stock

-

47,632

-

81,131

Weighted average shares outstanding – diluted

26,334,918

26,708,446

22,174,315

26,723,880

(Loss) income per share of common stock

Basic

$

(0.16

)

$

0.30

$

(0.45

)

$

0.07

Diluted

$

(0.16

)

$

0.30

$

(0.45

)

$

0.07