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Net Loss Per Share
 12 Months Ended
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
)