Net Loss Per Share (Tables)

9 Months Ended

Sep. 30, 2024

Earnings Per Share [Abstract]

Summary of Basic and Diluted Net (Loss) Income Per Share

The following is a calculation 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
Net loss attributable to Vir	$	(213,717)	$	(163,413)	$	(417,371)	$	(499,088)
Weighted-average shares outstanding, basic and diluted	136,653,753		134,289,620		136,058,223		133,969,878
Net loss attributable to Vir per share, basic and diluted	$	(1.56)	$	(1.22)	$	(3.07)	$	(3.73)

Summary of Potentially Dilutive Securities Not Included in the Diluted Per Share Calculations

Potentially dilutive securities that were not included in the diluted per share calculations because they would be anti-dilutive were as follows:

	Three Months Ended September 30,		Nine Months Ended September 30,
	2024	2023	2024	2023
Options issued and outstanding	10,851,997	10,601,054	12,494,822	10,990,201
Restricted shares subject to future vesting	5,671,095	5,130,300	4,936,270	4,112,315
Total	16,523,092	15,731,354	17,431,092	15,102,516