v3.25.3
Basic and diluted loss per share
9 Months Ended
Sep. 30, 2025
Basic and diluted loss per share  
Basic and diluted loss per share

15Basic and diluted loss per share

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Diluted loss per share is calculated by adjusting the weighted average number of ordinary shares outstanding, assuming conversion of all potentially dilutive ordinary shares. As the Company incurred a loss in the three and nine months ended September 30, 2025 and September 30, 2024, all potentially dilutive ordinary shares would have an antidilutive effect, if converted, and thus have been excluded from the computation of diluted loss per share for the three and nine months ended September 30, 2025 and September 30, 2024. The ordinary shares are presented without giving effect to the application of the treasury method or exercise prices that would be above the share price as of September 30, 2025 and September 30, 2024, respectively.

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The potentially dilutive ordinary shares are summarized below:

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Three months ended September 30, 

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Nine months ended September 30, 

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2025

    

2024

    

2025

    

2024

Anti-dilutive ordinary share equivalents

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​

​

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Stock options under 2014 Plans

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$

4,682,032

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$

5,425,575

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$

4,682,032

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$

5,425,575

Non-vested RSUs and PSUs

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​

2,332,353

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​

2,151,809

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​

2,332,353

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​

2,151,809

Pre-Funded Warrants

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​

526,316

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​

—

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​

526,316

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​

—

ESPP

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​

7,239

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​

—

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​

7,239

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​

—

Total anti-dilutive ordinary share equivalents

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​

7,547,940

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​

7,577,384

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7,547,940

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​

7,577,384

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