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Net Loss Per Share | 12 Months Ended
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Dec. 31, 2021
Earnings Per Share [Abstract] |
Net Loss per Share |
16. | Net Loss per Share
The Group incurred losses for the years ended December 31, 2019, 2020 and 2021, hence restricted shares, restricted share units and share options granted were anti-dilutive and should be excluded from the calculation of diluted net loss per share of the Company. The following table sets forth a summary that been excluded from the calculation of diluted net loss per share of the Company for the periods been presented.
|  | For the year ended December 31, |
|  | 2019 |  |  | 2020 |  |  | 2021 |
Preferred shares |  |  | 569,036,090 |  |  |  | — |  |  |  | — |
Share options |  |  | — |  |  |  | 2,092,300 |  |  |  | 7,036,117 |
Restricted shares |  |  | — |  |  |  | 3,141,612 |  |  |  | 5,680,877 |
Restricted share units |  |  | — |  |  |  | — |  |  |  | 2,462,618 |
Total |  |  | 569,036,090 |  |  |  | 5,233,912 |  |  |  | 15,179,612 |
The following table sets forth the computation of basic and diluted net loss per share for the years ended December 31, 2019, 2020 and 2021:
|  | For the year ended December 31, |
|  | 2019 |  |  | 2020 |  |  | 2021 |
|  | RMB |  |  | RMB |  |  | RMB |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |
Net loss |  |  | (132,957 | ) |  |  | (82,184 | ) |  |  | (127,250 | )
Less: accretions to preferred shares redemption value |  |  | (940,186 | ) |  |  | (154,066 | ) |  |  | — |
Net loss attributable to Lizhi Inc.’s ordinary shareholders |  |  | (1,073,143 | ) |  |  | (236,250 | ) |  |  | (127,250 | )
Denominator: |  |  |  |  |  |  |  |  |  |  |  |
Weighted average number of ordinary shares outstanding, basic |  |  | 260,000,000 |  |  |  | 883,202,412 |  |  |  | 991,715,849 |
Weighted average number of ordinary shares outstanding, diluted |  |  | 260,000,000 |  |  |  | 883,202,412 |  |  |  | 991,715,849 |
Weighted average number of ADSs outstanding, basic |  |  | 13,000,000 |  |  |  | 44,160,121 |  |  |  | 49,585,792 |
Weighted average number of ADSs outstanding, diluted |  |  | 13,000,000 |  |  |  | 44,160,121 |  |  |  | 49,585,792 |
Basic net loss per share attributable to Lizhi Inc.’s ordinary shareholders |  |  | (4.13 | ) |  |  | (0.27 | ) |  |  | (0.13 | )
Diluted net loss per share attributable to Lizhi Inc.’s ordinary shareholders |  |  | (4.13 | ) |  |  | (0.27 | ) |  |  | (0.13 | )
Basic net loss per ADSs attributable to Lizhi Inc.’s ordinary shareholders |  |  | (82.55 | ) |  |  | (5.35 | ) |  |  | (2.57 | )
Diluted net loss per ADSs attributable to Lizhi Inc.’s ordinary shareholders |  |  | (82.55 | ) |  |  | (5.35 | ) |  |  | (2.57 | )

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