XML 38 R26.htm IDEA: XBRL DOCUMENT v3.21.2
Income (Loss) Per Share
 6 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
Income (Loss) Per Share
20. Income (Loss) Per Share

 

The following is the calculation of loss per share:

 

   Three months ended
June 30,		   Six months ended
June 30,		 
   2020   2021   2020   2021 
Net (loss) income  $(1,198,167)  $2,720,223   $(3,552,278)  $32,328,391 
Less: Net loss (income) attributable to non-controlling interests   952    (19,622)   (4,918)   (18,508)
Net (loss) income attributable to shareholders of CBAK Energy Technology, Inc.   (1,197,215)   2,700,601    (3,557,196)   32,309,883 
                     
Weighted average shares outstanding – basis (note)   60,430,255    88,411,583    56,877,900    86,347,656 
Dilutive unvested restricted stock   -    582,256    -    591,230 
Weighted average shares outstanding - diluted   60,430,255    88,993,839    56,877,900    86,938,886 
                     
(Loss) Income per share                    
- Basic  $(0.02)  $0.02   $(0.06)  $0.37 
- Diluted  $(0.02)  $0.02   $(0.06)  $0.37 

 

Note: Including 5,834 and 22,501 vested restricted shares granted pursuant to the 2015 Plan that were not yet issued for the three and six months ended June 30, 2020 and 2021, respectively.

 

For the three and six months ended June 30, 2020, 1,154,002 unvested restricted shares were anti-dilutive and excluded from shares used in the diluted computation.

 

For the three and six months ended June 30, 2021, 15,797,479 shares purchasable under warrants were excluded from EPS calculation, as their effects were anti-dilutive.