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Income (Loss) Per Share
3 Months Ended
Mar. 31, 2024
Income (Loss) Per Share [Abstract]  
Income (Loss) Per Share
26.Income (Loss) Per Share

 

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

 

   Three months ended
March 31,
 
   2023   2024 
Net (loss) income  $(2,204,482)  $9,572,474 
Less: Net loss attributable to non-controlling interests   824,127    263,976 
Net (loss) income attributable to shareholders of CBAK Energy Technology, Inc.   (1,380,355)   9,836,450 
           
Weighted average shares outstanding – basic   89,013,359    89,925,024 
Dilutive unvested restricted stock and share options   
-
    198,941 
Weighted average shares outstanding – diluted (note)   89,013,359    90,123,965 
           
Income (loss) per share of common stock          
Basic  $(0.02)  $0.11 
Diluted  $(0.02)  $0.11 

 

Note: Including 20,000 unvested restricted shares units pursuant to the 2015 Plan and 2,214,000 unvested share options

 

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

 

For the three months ended March 31, 2024, all the outstanding warrants were anti-dilutive and excluded from shares used in the diluted computation.