Loss Per Share

9 Months Ended

Sep. 30, 2024

Note 14: Loss Per Share

Basic loss per share is calculated by dividing the net loss attributable to the shareholders of the Company by the weighted average number of ordinary shares outstanding during the period. As the Company was in a loss position for each of the three- and nine-month periods ended September 30, 2024 and 2023, the diluted loss per share is equal to basic loss per share because the effects of potentially dilutive shares were anti-dilutive as a result of the Company’s net loss.

The following is a summary of the ordinary share equivalents that were excluded from the calculation of diluted net loss per share for each of the three and nine months ended September 30, 2024 and 2023 indicated in number of potential shares:


	Nine Months Ended September 30,		Three Months Ended September 30,
	2024	2023	2024	2023
Non-employee warrants	244,693	251,693	244,693	251,693

Stock options	7,480,216	5,237,069	7,480,216	5,237,069
Restricted stock units	2,011,918	1,434,616	2,011,918	1,434,616
Prefunded warrants	28,276,331	28,276,331	28,276,331	28,276,331