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Income (Loss) Per Share
 6 Months Ended
Jun. 30, 2025
Income (Loss) Per Share [Abstract]  
Income (Loss) Per Share
  25. Income (Loss) Per Share

 

Basic EPS is computed by dividing net income by the weighted average number of common shares outstanding for the period. Diluted EPS is computed similar to basic net income per share except that the denominator is increased to include the number of additional common shares that would have been outstanding if all the potential common shares pertaining to warrants, stock options, and similar instruments had been issued and if the additional common shares were dilutive. Diluted earnings per share are based on the assumption that all dilutive convertible shares and stock options and warrants were converted or exercised. Dilution is computed by applying the treasury stock method for the outstanding unvested restricted stock, options and warrants, and the if-converted method for the outstanding convertible instruments. Under the treasury stock method, options and warrants are assumed to be exercised at the beginning of the period (or at the time of issuance, if later) and as if funds obtained thereby were used to purchase common stock at the average market price during the period. Under the if-converted method, outstanding convertible instruments are assumed to be converted into common stock at the beginning of the period (or at the time of issuance, if later).

 

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

 

   Three months ended
June 30,		   Six months ended
June 30,		 
   2024   2025   2024   2025 
Net income (loss)  $6,023,185   $(3,360,398)  $15,595,659   $(5,411,380)
Less: Net loss attributable to non-controlling interests   422,277    287,434    686,253    759,182 
Net income (loss) attributable to shareholders of CBAK Energy Technology, Inc.  $6,445,462   $(3,072,964)  $16,281,912   $(4,652,198)
                     
Weighted average shares outstanding – basic (note)   89,931,617    89,767,352    89,931,727    89,852,405 
Dilutive unvested restricted stock   179,996    
-
    357,817    
-
 
Weighted average shares outstanding - diluted   90,111,613    89,767,352    90,289,544    89,852,405 
                     
Income per share                    
- Basic  $0.07   $(0.03)  $0.18   $(0.05)
- Diluted  $0.07   $(0.03)  $0.18   $(0.05)

 

Note: Including 2,214,000 unvested share options as of June 30, 2024.

For the three and six months ended June 30, 2024, all the outstanding warrants were anti-dilutive and excluded from shares used in the diluted computation. 

 

For the three and months ended June 30, 2025, all the unvested options were anti-dilutive and excluded from shares used in the diluted computation.