v3.22.2.2
LOSSES PER SHARE
6 Months Ended
Jun. 30, 2022
LOSSES PER SHARE  
LOSSES PER SHARE

18.  LOSSES PER SHARE

Basic and diluted losses per share for each of the six months ended June 30, 2021 and 2022 presented is calculated as follows:

For the six months ended June 30,

2021

2022

    

US$

    

US$

    

US$

    

US$

 

Class A

 

Class B

 

Class A

 

Class B

Losses per share from continuing operations—basic:

 

  

 

  

 

  

 

  

Numerator:

 

  

 

  

 

  

 

  

Allocation of net loss from continuing operations attributable to BIT Mining Limited’s ordinary shareholders used in calculating loss per ordinary share—basic

 

(11,142)

 

 

(24,036)

 

Denominator:

 

  

 

  

 

  

 

  

Weighted average number of ordinary shares outstanding used in calculating basic losses per share

 

542,881,483

 

99

 

717,955,766

 

99

Denominator used for losses per share

 

542,881,483

 

99

 

717,955,766

 

99

Losses per share from continuing operations — basic

 

(0.020)

 

 

(0.033)

 

Losses per share from continuing operations—diluted:

 

  

 

  

 

  

 

  

Numerator:

 

  

 

  

 

  

 

  

Allocation of net loss from continuing operations attributable to BIT Mining Limited’s ordinary shareholders used in calculating loss per ordinary share— diluted

 

(11,142)

 

 

(24,036)

 

Reallocation of net loss from discontinued operations attributable to BIT Mining Limited’s ordinary shareholders as a result of conversion of Class B to Class A shares

 

 

 

 

Net loss from continuing operations attributable to ordinary shareholders

 

(11,142)

 

 

(24,036)

 

Denominator:

 

  

 

  

 

  

 

  

Weighted average number of ordinary shares outstanding used in calculating basic losses per share

 

542,881,483

 

99

 

717,955,766

 

99

Conversion of Class B to Class A ordinary shares

 

99

 

 

99

 

Denominator used for losses per share

 

542,881,582

 

99

 

717,955,865

 

99

Losses per share from continuing operations—diluted

 

(0.020)

 

 

(0.033)

 

Losses from continuing operations per ADS:

 

  

 

  

 

  

 

  

Denominator used for losses per ADS - basic

 

54,288,148

 

 

71,795,577

 

Denominator used for losses per ADS - diluted

 

54,288,158

 

 

71,795,587

 

Losses from continuing operations per ADS – basic

 

(0.200)

 

 

(0.330)

 

Losses from continuing operations per ADS – diluted

 

(0.200)

 

 

(0.330)

 

18.  LOSSES PER SHARE (continued)

For the six months ended June 30,

2021

2022

    

US$

    

US$

    

US$

    

US$

 

Class A

 

Class B

 

Class A

 

Class A

Losses per share from discontinued operations—basic:

 

  

 

  

 

  

 

  

Numerator:

 

  

 

  

 

  

 

  

Allocation of net loss from discontinued operations attributable to BIT Mining Limited’s ordinary shareholders used in calculating loss per ordinary share—basic

 

(1,998)

 

 

 

Denominator:

 

  

 

  

 

  

 

  

Weighted average number of ordinary shares outstanding used in calculating basic losses per share

 

542,881,483

 

99

 

717,955,766

 

99

Denominator used for losses per share

 

542,881,483

 

99

 

717,955,766

 

99

Losses per share from discontinued operations — basic

 

(0.004)

 

 

 

Losses per share from discontinued operations—diluted:

 

  

 

  

 

  

 

  

Numerator:

 

  

 

  

 

  

 

  

Allocation of net loss from discontinued operations attributable to BIT Mining Limited’s ordinary shareholders used in calculating loss per ordinary share— diluted

 

(1,998)

 

 

 

Reallocation of net loss from discontinued operations attributable to BIT Mining Limited’s ordinary shareholders as a result of conversion of Class B to Class A shares

 

 

 

 

Net loss from discontinued operations attributable to ordinary shareholders

 

(1,998)

 

 

 

Denominator:

 

  

 

  

 

  

 

  

Weighted average number of ordinary shares outstanding used in calculating basic losses per share

 

542,881,483

 

99

 

717,955,766

 

99

Conversion of Class B to Class A ordinary shares

 

99

 

 

99

 

Denominator used for losses per share

 

542,881,582

 

99

 

717,955,865

 

99

Losses per share from discontinued operations—diluted

 

(0.004)

 

 

 

Losses from discontinued operations per ADS:

 

  

 

  

 

  

 

  

Denominator used for losses per ADS - basic

 

54,288,148

 

 

71,795,577

 

Denominator used for losses per ADS - diluted

 

54,288,158

 

 

71,795,587

 

Losses from discontinued operations per ADS – basic

 

(0.040)

 

 

 

Losses from discontinued operations per ADS – diluted

 

(0.040)