Net Loss Per Share Attributable to Ordinary Shareholders

12 Months Ended

Dec. 31, 2024

Net Loss Per Share Attributable to Ordinary Shareholders

Note 13 - Net Loss Per Share Attributable to Ordinary Shareholders

Basic net loss per share is computed by dividing the net loss available to common stockholders by the weighted-average number of ordinary shares outstanding. Diluted net loss per share is computed similarly to basic net loss per share except that the denominator is increased to include the number of additional ordinary shares that would have been outstanding if the potential ordinary shares had been issued and if the additional ordinary shares of were dilutive. Diluted net loss per share is the same as basic net loss per share of ordinary share, as the effect of potentially dilutive securities is antidilutive.

The following table sets forth the computation of basic and diluted net loss per share attributable to ordinary shareholders for the periods presented:

	Year ended		Year ended		Year ended
	December 31,		December 31,		December 31,
	2024		2023		2022
	In USD thousands, except share and per share data
Numerator:
Net loss		13,945		24,221		27,646

Denominator:
Weighted-average number of ordinary shares used in computing net loss per share attributable to ordinary shareholders, basic and diluted		359,048,638		234,998,859		227,589,288

Net loss per share attributable to ordinary shareholders, basic and diluted		0.039		0.103		0.121

The potential number of ordinary shares that were excluded from the computation of diluted net loss per share attributable to ordinary shareholders for the periods presented since including them would have been anti-dilutive are as follows:

Year ended

December 31,

2024

2023

2022

Number of shares

Outstanding options to purchase ordinary shares and RSAs

38,494,200

29,873,100

35,191,540