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Income (Loss) Per Share
 9 Months Ended
Sep. 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
September 30,		   Nine months ended
September 30,		 
   2024   2025   2024   2025 
Net income (loss)  $(685,539)  $2,082,548   $14,910,120   $(3,328,832)
Less: Net loss attributable to non-controlling interests   703,186    567,955    1,389,439    1,327,137 
Net income (loss) attributable to shareholders of CBAK Energy Technology, Inc.  $17,647   $2,650,503   $16,299,559   $(2,001,695)
                     
Weighted average shares outstanding – basic   89,931,617    89,644,226    89,929,477    89,450,015 
Dilutive unvested restricted stock and share option   298,232    17,473    337,954    
-
 
Weighted average shares outstanding - diluted   90,229,849    89,661,699    90,267,431    89,450,015 
                     
Income per share                    
- Basic  $0.00   $0.03   $0.18   $(0.02)
- Diluted  $0.00   $0.03   $0.18   $(0.02)

 

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