XML 41 R30.htm IDEA: XBRL DOCUMENT v3.23.2
Income (Loss) Per Share
 6 Months Ended
Jun. 30, 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
June 30,		   Six months ended
June 30,		 
   2022   2023   2022   2023 
Net income (loss)  $1,016,265   $(2,939,227)  $1,696,768   $(5,143,709)
Less: Net (income) loss attributable to non-controlling interests   (211,075)   304,237    (447,125)   1,128,364 
Net income attributable to shareholders of CBAK Energy Technology, Inc.  $805,190   $(2,634,990)  $1,249,643   $(4,015,345)
                     
Weighted average shares outstanding – basic (note)   89,007,924    89,029,399    88,852,594    89,021,424 
Dilutive unvested restricted stock   11,894    
-
    12,669    
-
 
Weighted average shares outstanding - diluted   89,019,818    89,029,399    88,865,263    89,021,424 
                     
Income per share                    
- Basic  $0.00*  $(0.03)  $0.01   $(0.05)
- Diluted  $0.00*  $(0.03)  $0.01   $(0.05)

 

*Less than $0.01 per share

  

Note: Including 5,834 vested restricted shares granted pursuant to the 2015 Plan that were not yet issued as of June 30, 2022 and 2023.

  

For the three and six months ended June 30, 2022, 2,750,002 unvested options were anti-dilutive and excluded from shares used in the diluted computation.

  

For the three and six months ended June 30, 2023, all the unvested options, restricted shares unit and outstanding warrants were anti-dilutive and excluded from shares used in the diluted computation.