Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Net income (loss) per share

v3.23.1
Net income (loss) per share
 12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Net income (loss) per share Net income (loss) per shareBasic and diluted net income (loss) per ordinary share is presented in conformity with the two-class method required for participating securities.
The following table presents the calculation of basic and diluted net (loss) income per share:
Year Ended
December 31,
2020 2021 2022
(in thousands, except share and per share data)
Numerator:
Net loss $ (21,996) $ (68,979) $ (83,661)
Deemed dividend (825) —  — 
Net loss attributable to ordinary shareholders $ (22,821) $ (68,979) $ (83,661)
Denominator:
Weighted-average shares used in computing net loss per share attributable to ordinary shareholders, basic and diluted 14,442,172  53,201,603  75,718,623 
Net loss per share attributable to ordinary shareholders, basic and diluted $ (1.58) $ (1.30) $ (1.10)
Potentially dilutive securities that were not included in the diluted per share calculations because they would be anti-dilutive were as follows:
Year Ended
December 31,
2020 2021 2022
Convertible preferred shares 50,657,042  —  — 
Outstanding share options 9,874,165  9,981,394  8,362,930 
RSUs 132,500  967,797  2,866,980 
Treasury stock 2,168  2,168  2,168 
Total 60,665,875  10,951,359  11,232,078