Three months ended
June 30,

Six months ended
June 30,

2023

2024

2023

2024

Net income (loss)

$

(2,939,227

)

$

6,023,185

$

(5,143,709

)

$

15,595,659

Less: Net loss attributable to non-controlling interests

304,237

422,277

1,128,364

686,253

Net income attributable to shareholders of CBAK Energy Technology, Inc.

$

(2,634,990

)

$

6,445,462

$

(4,015,345

)

$

16,281,912

Weighted average shares outstanding – basic (note)

89,029,399

89,931,617

89,021,424

89,931,727

Dilutive unvested restricted stock

-

179,996

-

357,817

Weighted average shares outstanding - diluted

89,029,399

90,111,613

89,021,424

90,289,544

Income per share

- Basic

$

(0.03

)

$

0.07

$

(0.05

)

$

0.18

- Diluted

$

(0.03

)

$

0.07

$

(0.05

)

$

0.18