| Summary of Income Per Share Calculation |
Basic loss per share is calculated by dividing net loss by the weighted average number of ordinary shares outstanding during the period (amounts are in USD thousand except shares and per share amounts). | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six months ended June 30, | | 2026 | | 2025 | | 2026 | | 2025 | | Net loss for the period attributable to shareholders | (4,626) | | | (13,415) | | | (5,801) | | | (2,181) | | | Weighted-average number of ordinary shares, basic | 35,502,315 | | 35,679,467 | | 35,344,863 | | 35,627,074 | | Net loss per share attributable to shareholders, basic | (0.13) | | | (0.38) | | | (0.16) | | | (0.06) | | | | | | | | | | | Net loss for the period attributable to shareholders | (4,626) | | (13,415) | | (5,801) | | (2,181) | | Weighted-average number of ordinary shares, diluted | 35,502,315 | | | 35,679,467 | | | 35,344,863 | | | 36,244,021 | | | Net loss per share attributable to shareholders, diluted | (0.13) | | (0.38) | | (0.16) | | (0.06) |
The calculation of diluted loss per share has been based on the following weighted-average number of ordinary shares outstanding after adjustment for the effect of all dilutive potential ordinary shares: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six months ended June 30, | | 2026 | | 2025 | | 2026 | | 2025 | | Weighted-average number of ordinary shares (basic) | 35,502,315 | | 35,679,467 | | 35,344,863 | | 35,627,074 | | Effect of share options | — | | | — | | | — | | | 275,710 | | | | | | | | | | | Unvested ordinary shares | — | | | — | | | — | | | 341,237 | | | Weighted-average number of ordinary shares (diluted) | 35,502,315 | | | 35,679,467 | | | 35,344,863 | | | 36,244,021 | |
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