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Net Loss Per Ordinary Share | 3 Months Ended
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Mar. 31, 2026
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 outstanding pre-funded warrants to purchase Ordinary Shares (the “Pre-Funded Warrants”) issued in the February 2024 Offering and the December 2024 Offering 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) |  | 2026 |  |  | 2025 |
Net loss |  |  | (48,441 | ) |  |  | (39,527 | )
Weighted-average Ordinary Shares outstanding, basic and diluted |  |  | 121,716,006 |  |  |  | 116,124,941 |
Net loss per Ordinary Share, basic and diluted |  |  | (0.40 | ) |  |  | (0.34 | )
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, |
|  | 2026 |  |  | 2025 |
Stock options |  |  | 20,880,550 |  |  |  | 21,851,453 |
Restricted stock units |  |  | 1,007,530 |  |  |  | 663,790 |
Outstanding warrants |  |  | 2,433,485 |  |  |  | 2,616,639 |
Total |  |  | 24,321,565 |  |  |  | 25,131,882 |

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