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LOSS PER ORDINARY SHARE
 12 Months Ended
Dec. 31, 2020
LOSS PER ORDINARY SHARE  
LOSS PER ORDINARY SHARE

NOTE 26 - LOSS PER ORDINARY SHARE:

 

a.

Basic

The basic loss per share is calculated by dividing the loss by the weighted average number of ordinary shares in issue during the period.

 

The following is data taken into account in the computation of basic loss per share:

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 

 

    

2020

    

2019

    

2018

Loss (U.S. dollars in thousands)

 

76,173

 

42,304

 

38,820

Weighted average number of ordinary shares outstanding during the period (in thousands)

 

364,276

 

296,922

 

231,204

Basic loss per share (U.S. dollars)

 

0.21

 

0.14

 

0.17

 

b.

Diluted

Diluted loss per share is calculated by adjusting the weighted average number of ordinary shares outstanding, assuming conversion of all potentially dilutive ordinary shares, using the treasury stock method. The Company had two categories of potentially dilutive ordinary shares: warrants issued to investors and options issued to employees and service providers. The effect of these options and warrants for all reporting years is anti-dilutive.