v3.25.2
LOSS PER SHARE
6 Months Ended
Jun. 30, 2025
Basic earnings per share [abstract]  
LOSS PER SHARE LOSS PER SHARE
The basic income or loss per share is calculated by dividing net income or loss by the weighted average ordinary shares outstanding. The diluted loss per share equals the basic loss per share amounts presented for the three and six months ended June 30, 2025 and 2024, as the impact of the outstanding share options and RSUs had an anti-dilutive effect on the basic loss per share amounts presented.
The calculations of basic and diluted loss per share are based on:
Three months ended June 30,Six months ended June 30,
(Dollars in thousands, except per share data)2025202420252024
Net loss$(125,380)$(18,196)$(226,296)$(77,989)
Weighted average shares outstanding:
Basic
368,271,125365,204,154367,900,548364,610,589
Diluted
368,271,125365,204,154367,900,548364,610,589
Loss per share:
Basic$(0.34)$(0.05)$(0.62)$(0.21)
Diluted$(0.34)$(0.05)$(0.62)$(0.21)