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Net Loss Per Share
3 Months Ended
Mar. 31, 2024
Net Loss Per Share  
Net Loss Per Share

8. Net Loss Per Share

The following table sets forth the computation of basic and diluted net loss per share attributable to ordinary shareholders, which excludes unvested restricted shares and shares which are legally outstanding, but subject to repurchase by the Company (in thousands, except per share amounts):

    

    

THREE MONTHS ENDED

MARCH 31, 

2024

    

2023

Numerator:

 

  

 

  

 

Net loss attributable to ordinary shareholders

$

(26,036)

$

(17,975)

Denominator:

 

  

 

  

Weighted-average ordinary shares outstanding

 

139,710

 

71,894

Less: weighted-average unvested restricted ordinary shares subject to repurchase

 

 

(239)

Weighted-average ordinary shares used in computing net loss per share attributable to ordinary shareholders, basic and diluted

 

139,710

 

71,655

Net loss per share attributable to ordinary shareholders, basic and diluted

$

(0.19)

$

(0.25)

The following outstanding shares of potentially dilutive securities were excluded from the computation of diluted net loss per share attributable to ordinary shareholders for the periods presented because including them would have been antidilutive (in thousands):

    

    

AS OF

MARCH 31, 

2024

    

2023

Options to purchase ordinary shares

 

12,061

 

11,954

 

Unvested restricted share units

945

Shares committed under ESPP

106

Unvested restricted ordinary share awards

 

 

82

 

Total

 

13,112

 

12,036