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Income (Loss) Per Share | 9 Months Ended
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Sep. 30, 2020
Earnings Per Share [Abstract] |
Income (Loss) Per Share |
19. | Income (Loss) Per Share
The following is the calculation of income (loss) per share:
|  | Three months ended September 30, |  |  | Nine months ended September 30, |
|  | 2019 |  |  | 2020 |  |  | 2019 |  |  | 2020 |
Net income (loss) |  | $ | (1,787,068 | ) |  | $ | 41,715 |  |  | $ | (6,928,575 | ) |  | $ | (3,510,563 | )
Less: Net loss (income) attributable to non-controlling interests |  |  | 14,446 |  |  |  | 2,532 |  |  |  | 51,177 |  |  |  | (2,386 | )
Net (loss) income attributable to shareholders of CBAK Energy Technology, Inc. |  |  | (1,772,622 | ) |  |  | 44,247 |  |  |  | (6,877,398 | ) |  |  | (3,512,949 | )
Weighted average shares outstanding – basic (note) |  |  | 42,262,408 |  |  |  | 64,909,894 |  |  |  | 35,508,896 |  |  |  | 59,569,498 |
Dilutive unvested restricted stock |  |  | - |  |  |  | 490,164 |  |  |  | - |  |  |  | - |
Weighted average shares outstanding – diluted |  |  | 42,262,408 |  |  |  | 65,400,058 |  |  |  | 35,508,896 |  |  |  | 59,569,498 |
Income (loss) per share of common stock |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | (0.04 | ) |  | $ | 0.00 |  |  | $ | (0.19 | ) |  | $ | (0.06 | )
Diluted |  | $ | (0.04 | ) |  | $ | 0.00 |  |  | $ | (0.19 | ) |  | $ | (0.06 | )
| Note: | Including 307,000 vested restricted shares granted pursuant to the 2015 Plan that were not yet issued for the three and nine months ended September 30, 2019; and 284,332 vested restricted shares granted pursuant to the 2015 Plan that were not yet issued for the three and nine months ended September 30, 2020.
For the three and nine months ended September 30, 2019, 1,580,000 unvested restricted shares were anti-dilutive and excluded from shares used in the diluted computation. For the nine months ended September 30, 2020, 855,504 unvested restricted shares were anti-dilutive and excluded from shares used in the diluted computation.

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