Loss Per Share (Tables)

9 Months Ended

Sep. 30, 2019

Summary of Basic and Diluted Net Loss Per Share

Basic and diluted net loss per share for each of the periods presented are calculated as follow:

	For the nine months ended September 30,
	2018			2019
Numerator:
Net loss attributable to ordinary shareholders		(75,717,598	)		(148,640,670	)
Denominator:
Weighted average number of ordinary shares- basic and diluted		50,801,993			63,189,214
Net loss per share-basic and diluted		(1.49	)		(2.35	)

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

As a result of the Group’s net loss for the nine months ended September 30, 2018 and 2019, share options and non-vested restricted shares outstanding in the respective periods were excluded from the calculation of diluted loss per share as their inclusion would have been anti-dilutive.

	As of
	December 31, 2018		September 30, 2019
Share options		8,761,735		9,211,467
Non-vested restricted shares		1,112,001		771,668