Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Share

v3.23.1
Net Loss Per Share
3 Months Ended
Mar. 31, 2023
Earnings Per Share [Abstract]  
Net Loss Per Share
18.    Net Loss Per Share
Class A ordinary shareholders have the same rights to earnings as Class B ordinary shareholders. Accordingly, basic and diluted EPS is the same for both forms of ordinary shares and collectively referred to as ordinary shareholders in this footnote. The following table sets forth the computation of basic and dilutive net loss per share attributable to the Group’s ordinary shareholders:

(In thousands, except for share count and per share data) 2023 2022
Net loss attributable to ordinary shareholders
(63,229) (29,100)
Weighted average shares outstanding – Basic and Diluted
25,025,645 17,038,663
Net loss per share – Basic and Diluted
(2.53) (1.71)