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Net Income (loss) Per Ordinary Shares (Tables)

12 Months Ended

Dec. 31, 2021

Schedule of basic and diluted net income (loss) per ordinary share

The following table sets forth the computation of basic and diluted net income (loss) per ordinary share for the periods indicated. Net income (loss) per ordinary share calculations for all periods presented have been retrospectively adjusted to reflect the Reverse Stock Split, as discussed in Note 1(d).


	Year Ended December 31
	2021(*)			2020			2019

	U.S. dollars in thousands
Basic net loss per Ordinary Share
Numerator:
Net loss from continuing operations		(26,534	)		(19,635	)		(25,934	)
Dividend on Series E Redeemable Preferred		(2,710	)		(3,428	)		(3,203	)
Dividend on Series D Redeemable Preferred		(4,023	)		(5,090	)		(4,757	)
Dividend on Series C Redeemable Preferred		(1,426	)		(1,805	)		(1,687	)
Dividend on Series B-2 Redeemable Preferred		(985	)		(1,245	)		(1,163	)
Dividend on Series B-1 Redeemable Preferred		(394	)		(498	)		(465	)
Dividend on Series A Redeemable Preferred		(1,792	)		(2,264	)		(2,116	)

Numerator for basic and diluted net loss per common share net loss attributable to common stockholders		(37,864	)		(33,965	)		(39,325	)

Denominator:
Denominator for basic and dilutive net loss per common share- adjusted weighted-average share		33,031,205			10,448,218			9,522,608

Basic and dilutive net loss per common share		(1.15	)		(3.25	)		(4.13	)

(*)

Dividend on Redeemable Preferred Shared referred to the period that started on January 1, 2021 and ended on September 29, 2021 (Recapitalization Closing Date, refer to note 1(d)).

Schedule of weighted-average Ordinary shares of securities

The following weighted-average Ordinary Shares of securities were not included in the computation of diluted net income (loss) per common share as their effect would have been antidilutive:


	2021		2020		2019
Options		16,028,893		15,257,902		14,157,546
Warrants liability		41,351		161,808		161,808
Private Warrants		1,683,500		—		—
Public Warrants		2,906,944		—		—
Forfeiture Shares		508,715		—		—
Redeemable Convertible Preferred A shares		24,584,645		32,901,384		32,901,384
Redeemable Convertible Preferred B-1 shares		7,524,342		9,957,400		9,957,400
Redeemable Convertible Preferred B-2 shares		13,950,841		18,670,270		18,670,270
Redeemable Convertible Preferred C shares		7,042,522		9,424,938		9,424,938
Redeemable Convertible Preferred D shares		14,431,585		19,313,646		19,313,646
Redeemable Convertible Preferred E shares		8,279,726		11,080,674		11,080,674