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Net Loss Per Share (Tables)
3 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Computation of Loss Per Share Basic and Diluted

The following table sets forth the computation of basic and diluted loss per ordinary share:

 

 

 

Quarter ended

 

 

 

June 30

 

 

 

2022

 

 

2021

 

Numerator:

 

 

 

 

 

 

Net loss available to ordinary shareholders - basic and diluted

 

$

(38,868

)

 

$

(27,292

)

Denominator:

 

 

 

 

 

 

Weighted average ordinary shares outstanding

 

 

103,840,009

 

 

 

101,390,749

 

Assumed exercise of pre-funded warrants

 

 

751,831

 

 

 

 

Weighted-average shares outstanding - basic and diluted

 

 

104,591,840

 

 

 

101,390,749

 

Loss per share - basic and diluted

 

$

(0.37

)

 

$

(0.27

)

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

The following table sets out the numbers of ordinary shares excluded from the above computation of earnings per share at June 30, 2022 and June 30, 2021 as their inclusion would have been anti-dilutive:

 

 

 

June 30,
2022

 

 

June 30,
 2021

 

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

 

 

18,518,514

 

 

 

18,518,514

 

Restricted share units awarded

 

 

4,438,695

 

 

 

2,196,595

 

Ordinary shares issuable on exercise of options to purchase ordinary
   shares

 

 

3,028,234

 

 

 

1,421,792

 

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

 

 

28,069,318

 

 

 

22,312,426