Loss Per Share

3 Months Ended

Mar. 31, 2024

Earnings Per Share [Abstract]

Loss Per Share

Loss Per Share

The following table presents the computation of the basic and diluted net loss per share ($ in thousands, except share and per share data):

	Three Months Ended March 31,
	2024	2023
Numerator:
Net loss	(53,471)	(49,144)
Denominator:
Weighted average number of ordinary shares - basic and diluted	973,145,760	961,444,780
Net loss per share - basic and diluted	(0.05)	(0.05)

As a result of the Company’s net loss in the first quarter of 2024 and 2023, 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.

	March 31,
	2024	2023
Share options	104,244,590	86,242,060
Non-vested restricted shares	29,893,540	32,154,670