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Income (Loss) Per Share
3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Income (Loss) Per Share

24. Income (Loss) Per Share

 

The following is the calculation of income (loss) per share:

 

   Three months ended
March 31,
 
   2021   2022 
Net income  $29,608,168   $680,503 
Less: Net loss (income) attributable to non-controlling interests   1,114    (236,050)
Net income attributable to shareholders of CBAK Energy Technology, Inc.   29,609,282    
444,4
 
               
Weighted average shares outstanding – basic   84,283,605    88,713,841 
Dilutive unvested restricted stock   650,308    21,116 
Weighted average shares outstanding – diluted (note)   84,933,913    88,734,957 
           
Income per share of common stock              
Basic  $0.35   $0.01 
Diluted  $0.35   $0.01 

 

Note: Including 288,498 and 269,175 vested restricted shares granted pursuant to the 2015 Plan that were not yet issued as of March 31, 2021 and 2022, respectively.

 

For the three months ended March 31, 2021, all the outstanding warrants were anti-dilutive and excluded from shares used in the diluted computation.

 

For the three months ended March 31, 2022, 2,750,002 unvested options and all the outstanding warrants were anti-dilutive and excluded from shares used in the diluted computation.