Net Loss Per Share

6 Months Ended

Jun. 30, 2023

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 June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Numerator
Net loss	$	(28,335)	$	(21,037)	$	(52,543)	$	(42,208)
Net loss attributable to ordinary shareholders - basic and diluted	$	(28,335)	$	(21,037)	$	(52,543)	$	(42,208)

Denominator
Weighted-average number of ordinary shares used in net loss per share - basic and diluted	45,565,991		42,474,987		44,153,772		42,110,161
Net loss per share - basic and diluted	$	(0.62)	$	(0.50)	$	(1.19)	$	(1.00)

The Company’s potentially dilutive securities, which include unvested ordinary shares, unvested restricted share units, and options granted, have been excluded from the computation of diluted net loss per share as the effect would be to reduce the net loss per share. Therefore, the weighted-average number of ordinary shares outstanding used to calculate both basic and diluted net loss per share attributable to ordinary shareholders is the same. The Company excluded the following potential ordinary shares, presented based on amounts outstanding at each period end, from the computation of diluted net loss per share attributable to ordinary shareholders for the six months ended June 30, 2023 and 2022 because including them would have had an anti-dilutive effect:


	Three Months Ended June 30,		Six Months Ended June 30,
	2023	2022	2023	2022
Unvested restricted share units	392,861	186,411	392,861	186,411
Share options	6,983,834	4,340,885	6,983,834	4,340,885
Warrants	94,222	—	94,222	—
	7,470,917	4,527,296	7,470,917	4,527,296