Loss Per Share

3 Months Ended

Mar. 31, 2025

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,
	2025	2024
Numerator:
Net loss	(48,438)	(53,471)
Denominator:
Weighted average number of ordinary shares - basic and diluted	1,080,825,300	973,145,760
Net loss per share - basic and diluted	(0.04)	(0.05)

As a result of the Company’s net loss in the first quarter of 2025 and 2024, 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,
	2025	2024
Share options	98,164,510	104,244,590
Non-vested restricted shares	32,537,760	29,893,540