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NET LOSS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2022

NET LOSS PER SHARE

Schedule of basic and diluted net loss per share

​

​	​	​	​	​	​	​
​	​	For the Year Ended December 31,
​	​	2020	​	2021	​	2022
​		US$		US$		US$
Numerator:
Net loss attributable to Adagene Inc.’s shareholders		(42,397,279)		(73,177,935)		(79,971,847)
Accretion of convertible redeemable preferred shares to redemption value		(248,113)		(28,553)		—
Net loss attributable to ordinary shareholders		(42,645,392)		(73,206,488)		(79,971,847)
Denominator:		​
Weighted‑average number of ordinary shares outstanding—basic and diluted		15,950,698		50,032,009		54,135,084
Net Loss per share—basic and diluted		(2.67)		(1.46)		(1.48)

​

Schedule of potentially dilutive securities that are not included in the calculation of diluted net loss per share

​

​	​	​	​	​	​	​
​	​	For the Year Ended December 31,
​		2020		2021		2022
Convertible redeemable preferred shares		27,249,824		—		—
Share options and share grant		1,795,932		1,739,882		530,298

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- References

No definition available.

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- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

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