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Income (Loss) Per Share
3 Months Ended
Mar. 31, 2023
Income (Loss) 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,
 
   2022   2023 
Net income (loss)  $680,503   $(2,204,482)
Less: Net (income) loss attributable to non-controlling interests   (236,050)   824,127 
Net income (loss) attributable to shareholders of CBAK Energy Technology, Inc.   444,453    (1,380,355)
             
Weighted average shares outstanding – basic   88,713,841    89,013,359 
Dilutive unvested restricted stock   21,116    
-
 
Weighted average shares outstanding – diluted (note)   88,734,957    89,013,359 
           
Income (loss) per share of common stock            
Basic  $0.01   $(0.02)
Diluted  $0.01   $(0.02)

 

Note: Including 269,175 and nil vested restricted shares granted pursuant to the 2015 Plan that were not yet issued as of March 31, 2022 and 2023, respectively.

 

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.

 

For the three months ended March 31, 2023, all the outstanding warrants were anti-dilutive and excluded from shares used in the diluted computation.