5. Loss per share (basic and diluted)

Basic net loss per share is computed by dividing net loss (the numerator) by the weighted average shares outstanding for the period (the denominator). Diluted net loss per share is computed by dividing net loss by the weighted average shares outstanding during the period adjusted for the dilutive effects of the exercise of the stock options. In periods when losses from continuing operations are reported, the weighted-average shares outstanding excludes common share equivalents because their inclusion would be anti-dilutive. The computation of net loss per share for the three months ended March 31, 2026 and 2025, respectively was as follows:


	Three months ended March 31,
	2026			2025
	$000s			$000s
Net loss		(14,957	)		(28,530	)
Weighted-average shares outstanding (basic and diluted)		141,702,578			141,678,734
Net loss per share (basic and diluted)	$	(0.11	)	$	(0.20	)

The options outstanding at March 31, 2026 and 2025 were considered to be anti-dilutive as the Group is loss-making. These options outstanding are described in Note 10.