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Net loss per share (Tables)
6 Months Ended
Jun. 30, 2020
Net loss per share  
Schedule of basic and diluted net loss attributable to ordinary shareholders

Basic and diluted net loss per share attributable to ordinary shareholders was calculated as follows (in thousands, except share and per share amounts):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

June 30, 

 

June 30, 

 

    

2020

    

2019

 

2020

    

2019

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss attributable to ordinary shareholders

 

$

(12,115)

 

$

(10,217)

 

$

(23,438)

 

$

(16,720)

Denominator:

 

 

  

 

 

  

 

 

  

 

 

  

Weighted average ordinary shares outstanding, basic and diluted

 

 

18,077,770

 

 

7,298,139

 

 

18,024,314

 

 

4,101,564

Net loss per share attributable to ordinary shareholders, basic and diluted

 

$

(0.67)

 

$

(1.40)

 

$

(1.30)

 

$

(4.08)

 

Schedule of antidilutive securities excluded from computation of net loss per share attributable to ordinary shareholders

 

 

 

 

 

 

 

Six Months Ended

 

 

June 30, 

 

    

2020

    

2019

Warrants to subscribe for convertible preferred shares (as adjusted to reflect the impact of the share capital reorganization and issuance of bonus shares (Note 6))(1)(2)

 

 —

 

114,320

Options to purchase ordinary shares

 

3,654,012

 

2,615,949

 

 

3,654,012

 

2,730,269


(1)

On March 7, 2019, the holders of the Series B1 warrants to subscribe for Series B1 Preferred Shares agreed that 50% of the warrants would be exercised in conjunction with the IPO and 50% of the warrants would expire.

At June 30, 2019, 80,000 warrants are outstanding which are exercisable into 114,320 ordinary shares.