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Income (Loss) Per Share
9 Months Ended
Sep. 30, 2023
Income (Loss) Per Share [Abstract]  
Income (Loss) Per Share

25. Income (Loss) Per Share

  

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

 

   Three months ended
September 30,
   Nine months ended
September 30,
 
   2022   2023   2022   2023 
Net income (loss)  $(848,728)  $5,764,148   $848,040   $620,439 
Less: Net loss attributable to non-controlling interests   848,438    570,644    401,313    1,699,008 
Net income (loss) attributable to shareholders of CBAK Energy Technology, Inc.  $(290)  $6,334,792   $1,249,353   $2,319,447 
                     
Weighted average shares outstanding – basic (note)   88,996,692    89,473,026    88,900,977    89,171,988 
Dilutive unvested restricted stock   
-
    431,293    22,288    410,413 
Weighted average shares outstanding - diluted   88,996,692    89,904,319    88,923,265    89,582,401 
                     
Income (loss) per share                    
- Basic  $(0.00)*  $0.07   $0.01   $0.03 
- Diluted  $(0.00)*  $0.07   $0.01   $0.03 

 

* 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 September 30, 2022 and 2023.

  

For the three and nine months ended September 30, 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 and nine months ended September 30, 2023, 2,750,002 unvested options and all the outstanding warrants were anti-dilutive and excluded from shares used in the diluted computation.