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Net Loss Per Ordinary Share | 3 Months Ended
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Mar. 31, 2025
Earnings Per Share [Abstract] |
Net Loss per Ordinary Share | Note 11. Net Loss per Ordinary Share For the purposes of calculating the weighted-average number of Ordinary Shares outstanding, the Ordinary Shares underlying the pre-funded warrants to purchase Ordinary Shares (the “Pre-Funded Warrants”) are included. Basic and diluted net loss per Ordinary Share was calculated as follows:
|  | Three months ended March 31, |
(In thousands of USD, except share and per share amounts) |  | 2025 |  |  | 2024 |
Net loss |  |  | (39,527 | ) |  |  | (93,767 | )
Weighted average Ordinary Shares outstanding, basic and diluted |  |  | 116,124,941 |  |  |  | 88,380,230 |
Net loss per Ordinary Share, basic and diluted |  |  | (0.34 | ) |  |  | (1.06 | )
The following potentially dilutive securities have been excluded from the computation of diluted weighted-average Ordinary Shares outstanding as they would be anti-dilutive:
|  | Three months ended March 31, |
|  | 2025 |  |  | 2024 |
Stock options |  |  | 21,851,453 |  |  |  | 19,333,254 |
Restricted Stock Units |  |  | 663,790 |  |  |  | — |
Outstanding warrants |  |  | 2,616,639 |  |  |  | 2,994,673 |
Total |  |  | 25,131,882 |  |  |  | 22,327,927 |

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