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NET LOSS/INCOME PER SHARE

12 Months Ended

Dec. 31, 2023

NET LOSS/INCOME PER SHARE

NET LOSS/INCOME PER SHARE

15. NET LOSS/INCOME PER SHARE

The following table sets forth the computation of basic and diluted net income (loss) per share for the periods indicated:

​

​	​	​	​	​	​	​	​	​	​
​	​	Years ended December 31,
​	​	2021		​	2022		​	2023
Numerator:	​	​	​	​	​	​	​	​	​
Numerator for basic and diluted loss per share from continuing operations	​	$	(6,689)	​	$	(9,252)	​	$	(3,175)
Numerator for basic and diluted income (loss) per share from discontinued operations	​	​	7,002	​	​	(5,056)	​	​	—
Denominator:	​		​	​		​	​		​
Denominator for basic (loss) income per share weighted average ordinary shares outstanding	​		46,654,853	​		49,458,266	​		56,333,003
Denominator for diluted (loss) income per share weighted average ordinary shares outstanding	​		46,654,853	​		49,458,266	​		56,333,003
​	​		​	​		​	​		​
Basic and Diluted loss per share from continuing operations	​	$	(0.14)	​	$	(0.19)	​	$	(0.06)
Basic and Diluted income (loss) per share from discontinued operations	​	$	0.15	​	$	(0.10)	​		—
​	​	​	​	​	​	​	​	​	​
Basic and Diluted loss per ADS from continuing operations (Note i)	​	$	(2.80)	​	$	(3.80)	​	$	(1.20)
Basic and Diluted income (loss) per ADS from discontinued operations	​	$	3.00	​	$	(2.00)	​	​	—

​

(Note i) In February, 2024, the Company changed the ratio of its American depositary shares (“ADSs”) to its Class A ordinary shares from one (1) ADS, representing two (2) Class A ordinary shares, to one (1) ADS representing twenty (20) Class A ordinary shares.

Basic (loss) income per ADS is computed using the weighted average number of the ordinary shares outstanding during the year. Diluted income (loss) per ADS is computed using the weighted average number of ordinary shares and ordinary equivalent shares outstanding during the year. Nil share was included in the calculation of diluted income per share for the year of 2021, 2022 and 2023.

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- Definition

The entire disclosure for earnings per share.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482662/260-10-50-1

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 260
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org//260/tableOfContent

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482662/260-10-50-2

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482662/260-10-50-3

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