XML 34 R18.htm IDEA: XBRL DOCUMENT v3.23.1
Loss per share
 12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Loss per share
11.Loss per share

 

Basic and diluted net loss per share for each of the year presented were calculated as follows:

 

   Years ended December 31, 
(In thousands of US$ except share data and per share data)  2020   2021   2022 
Numerator:            
Net loss   (63,415)   (46,041)   (19,853)
Add: Accretion of Series A Preferred Shares   (1,293)   
—
    
—
 
Income allocation to participating preferred shareholders   
—
    
—
    
—
 
Net loss attributable to ordinary shareholders of the Company   for computing basic and diluted net loss per share
   (64,708)   (46,041)   (19,853)
Denominator:               
Weighted average number of ordinary shares outstanding used   in calculating basic and diluted net loss per share
   259,852,204    285,979,036    312,485,140 
Basic and diluted net loss per ordinary share
   (0.25)   (0.16)   (0.06)

 

Diluted earnings per share do not include the following instruments as their inclusion would have been anti-dilutive:

 

   Years ended December 31, 
   2020   2021   2022 
Restricted Shares   
—
    2,916,100    7,970,930 
Share options awards   22,298,757    19,225,361    18,004,940 
Total   22,298,757    22,141,461    25,975,870