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Net Loss Per Share (Tables)
12 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Computation of Earnings Per Share Basic and Diluted

The following table sets forth the computation of basic loss per ordinary share. Diluted earnings per share figures are not applicable due to losses.

 

 

 

Year ended

 

 

 

March 31,

 

 

 

2022

 

 

2021

 

Numerator:

 

 

 

 

 

 

Net loss available to ordinary shareholders - basic and diluted

 

$

(125,130

)

 

$

(111,032

)

Denominator:

 

 

 

 

 

 

Weighted-average shares outstanding - basic and diluted

 

 

101,910,562

 

 

 

91,637,966

 

Loss per share - basic and diluted

 

$

(1.23

)

 

$

(1.21

)

 

Summary of Number of Ordinary Shares Excluded from Computation of Earnings Per Share

The following sets out the numbers of the options, RSUs and warrants to purchase ordinary shares excluded from the above computation of earnings per share for the years ended March 31, 2022 and March 31, 2021, as their inclusion would have been anti-dilutive.

 

 

 

March 31,
2022

 

 

March 31,
2021

 

Ordinary shares issuable on conversion of Convertible Notes
   at $
5.67 per share

 

 

18,518,514

 

 

 

-

 

Restricted share units awarded

 

 

3,517,558

 

 

 

902,409

 

Ordinary shares issuable on exercise of options to purchase ordinary
   shares

 

 

2,850,548

 

 

 

1,810,785

 

Ordinary shares issuable on exercise of warrants at $16.14 per share

 

 

111,525

 

 

 

111,525

 

Ordinary shares issuable on exercise of warrants at $9.375 per share

 

 

64,000

 

 

 

64,000

 

Ordinary shares issuable on exercise of Consent Warrants at $4.00 per share

 

 

1,844,020

 

 

 

-

 

Consent Shares not yet issued

 

 

64,330

 

 

 

-

 

Total

 

 

26,970,495

 

 

 

2,888,719