Report of foreign issuer [Rules 13a-16 and 15d-16]

Net Loss per Share

v3.25.3
Net Loss per Share
9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Net loss per Share
Note 7. Net Loss Per Share
The following table presents the numerator and denominator of the basic and diluted net loss per share computations for the three and nine months ended September 30, 2025 and 2024:
Three Months Ended September 30, Nine Months Ended September 30,
2025 2024 2025 2024
(U.S. $ in thousands, except per share amounts) (U.S. $ in thousands, except per share amounts)
Numerator:
Net loss for basic and diluted net loss per share $ (55,634) $ (26,614) $ (85,433) $ (78,340)
Denominator:
Weighted average shares, net of treasury shares - for basic and diluted net loss per share 85,151  71,271  80,230  70,670 
Net loss per share
Basic and diluted $ (0.65) $ (0.37) $ (1.06) $ (1.11)
The computation of diluted net loss per share excluded share awards of 2.8 million shares and 5.1 million shares for the three months ended September 30, 2025 and 2024, respectively, because the inclusion of those shares would have had an anti-dilutive effect on the diluted net loss per share. 
The computation of diluted net loss per share excluded share awards of 1.6 million shares and 4.0 million shares for the nine months ended September 30, 2025 and 2024 respectively, because the inclusion of those shares would have had an anti-dilutive effect on the diluted net loss per share.