v3.24.0.1
Net Loss Per Ordinary Share (Tables)
12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Summary of Basic and Diluted Net Loss Per Ordinary Share Outstanding

Basic loss per share is computed by dividing net loss attributable to ordinary shareholders by the weighted-average number of ordinary shares outstanding:

 

 

 

Year Ended December 31,

 

 

 

2023

 

 

2022

 

 

 

(in thousands except share and per share data)

 

Numerator:

 

 

 

 

 

 

Net loss attributable to ordinary shareholders

 

$

(57,513

)

 

$

(161,823

)

Denominator:

 

 

 

 

 

 

Weighted-average ordinary shares outstanding

 

 

106,097,268

 

 

 

78,855,810

 

Net loss per share, basic and diluted

 

$

(0.54

)

 

$

(2.05

)

 

Anti-Dilutive Shares Excluded from Calculation of Diluted Net Loss Per Ordinary Share

The following potential ordinary shares, presented based on amounts outstanding at each period end, were excluded from the calculation of diluted net loss per share attributable to ordinary shareholders for the periods indicated because including them would have had an anti-dilutive effect:

 

 

 

As of December 31,

 

 

 

2023

 

 

2022

 

Options to purchase ordinary shares

 

 

14,107,710

 

 

 

9,682,054

 

RSUs

 

 

637,557

 

 

 

934,342

 

Series A preferred shares

 

 

3,901,348

 

 

 

3,901,348