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

Net Loss per Share

v3.26.1
Net Loss per Share
3 Months Ended
Mar. 31, 2026
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 months ended March 31, 2026 and 2025:
Three Months Ended March 31,
2026 2025
U.S. $ in thousands, except per share amounts
Numerator:
Net loss for basic and diluted net loss per share $ (23,825) $ (13,054)
Denominator:
Weighted average shares, net of treasury shares - for basic and diluted net loss per share 86,357  71,967 
Net loss per share
Basic and diluted $ (0.28) $ (0.18)
The computation of diluted net loss per share excluded share awards of 2.3 million shares and 2.9 million shares for the three months ended March 31, 2026 and 2025, respectively, because the inclusion of those shares would have had an anti-dilutive effect on the diluted net loss per share.