v3.26.1
Net Income (Loss) Per Ordinary Share
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Net Income (Loss) Per Ordinary Share Net Income (Loss) Per Ordinary Share
Net income (loss) per ordinary share was determined as follows (in thousands, except per share amounts):
Three Months Ended 
June 30,		Six Months Ended 
June 30,
2026202520262025
Numerator:
Net income (loss)
$(18,583)$(125,767)$14,138 $(185,962)
Denominator:
Weighted-average ordinary shares outstanding used in per share calculations - basic
52,145 53,827 52,922 53,827 
Dilutive restricted stock units outstanding
— — 475 — 
Dilutive stock options outstanding
— — 28 — 
Weighted-average ordinary shares outstanding used in per share calculations - diluted
52,145 53,827 53,425 53,827 
Net income (loss) per ordinary share:
Basic
$(0.36)$(2.34)$0.27 $(3.45)
Diluted
$(0.36)$(2.34)$0.26 $(3.45)
Potentially issuable ordinary shares were not used in computing diluted net loss per ordinary share as their effect would be anti-dilutive due to the loss recorded during the three months ended June 30, 2026 and three and six months ended June 30, 2025, and therefore diluted net loss per share is equal to basic net loss per share.
The equivalent ordinary shares not included in diluted net income (loss) per share because their effect would be anti-dilutive are as follows (in thousands):
Three Months Ended 
June 30,		Six Months Ended 
June 30,
2026202520262025
Stock options to purchase ordinary shares11,762 12,895 11,201 12,895 
Restricted Stock Units (RSU)1,423 283 75 283 
Total13,185 13,178 11,276 13,178