Basic and Diluted Income (Loss) Per Share

12 Months Ended

Dec. 31, 2021

Basic and Diluted Income (Loss) Per Share

21. BASIC AND DILUTED INCOME (LOSS) PER SHARE

Basic net income (loss) per share is calculated by dividing net income (loss) by the weighted average number of ordinary shares outstanding during the year. Due to the net loss recorded for the year ended December 31, 2019, potential ordinary shares were anti-dilutive for the loss per share calculation.


	YEAR ENDED DECEMBER 31,
	2021		2020		2019
Net income (loss) for the year attributable to the equity holders		12,453		15,151		(1,901	)
Weighted-average number of ordinary shares, basic		30,886,559		27,595,446		25,477,405
Net income (loss) per share attributable to ordinary shareholders, basic		0.40		0.55		(0.07	)
Net income (loss) for the year attributable to the equity holders		12,453		15,151		(1,901	)
Weighted-average number of ordinary shares, diluted		33,746,536		30,879,550		25,477,405
Net income (loss) per share attributable to ordinary shareholders, diluted		0.37		0.49		(0.07	)

Common stock warrants and options to purchase 7,021,514, 2,854,744 and 3,345,354 ordinary shares were outstanding at December 31, 2021, 2020 and 2019, respectively, that could potentially be dilutive in the future (Note 12).

For disclosures regarding the number of outstanding shares, see Note 10.