Loss Per Share

9 Months Ended

Sep. 30, 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 September 30,		Nine Months Ended September 30,
	2024	2023	2024	2023
Numerator:
Net loss	(41,671)	(69,152)	(175,419)	(239,191)
Denominator:
Weighted average number of ordinary shares - basic and diluted	981,687,390	968,767,730	976,941,030	965,060,570
Net loss per share - basic and diluted	(0.04)	(0.07)	(0.18)	(0.25)

As a result of the Company’s net loss in the three and nine months ended September 30, 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.

	September 30,
	2024	2023
Share options	105,188,950	107,249,960
Non-vested restricted shares	32,875,090	32,359,260