Net Loss Per Share

12 Months Ended

Dec. 31, 2024

The Company computes basic net loss per share by dividing net loss by the weighted-average number of shares outstanding. The Company computes diluted net loss per share by dividing net loss by the weighted-average number of shares and dilutive potential share equivalents then outstanding during the period. The Company’s potentially dilutive securities, which include unvested ordinary shares, unvested restricted share units, options granted and warrants, 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 years ended December 31, 2024 and 2023 because including them would have had an anti-dilutive effect:


	Year Ended December 31,
	2024	2023
Unvested restricted share units	658,553	320,203
Share options	8,235,619	6,969,328
Warrants	12,418,922	16,170,972
	21,313,094	23,460,503