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

)