Basic and diluted net income (loss) per ordinary share

6 Months Ended

Jun. 30, 2023

Earnings Per Share [Abstract]

Basic and diluted net income (loss) per ordinary share

Basic and diluted net income (loss) per ordinary shareBasic net income (loss) per share is computed based on the weighted average number of ordinary shares outstanding during each period. Diluted net income per share is computed based on the weighted average number of ordinary shares outstanding during the period, plus potential dilutive shares (deriving from options, RSUs, PSUs, convertible notes and the ESPP) considered outstanding during the period, in accordance with ASC 260-10 "Earnings Per Share", as determined under the if-converted method. The following table sets forth the computation of the Company’s basic and diluted net income (loss) per ordinary share:

	Three months ended June 30,				Six months ended June 30,				Year ended December 31, 2022
	2023		2022		2023		2022
	Unaudited				Unaudited				Audited
Net income (loss) attributable to ordinary shares as reported used in computing basic and diluted net income (loss) per share	$	(57,418)	$	(24,008)	$	(110,479)	$	(28,655)	$	(92,534)
Weighted average number of ordinary shares used in computing basic and diluted net income (loss) per share	106,289,073		104,627,789		105,979,791		104,408,164		104,660,476
Weighted anti-dilutive shares outstanding which were not included in the diluted calculation	8,483,336		7,746,398		7,733,239		7,790,467		7,272,606
Basic and diluted net income (loss) per ordinary share	$	(0.54)	$	(0.23)	$	(1.04)	$	(0.27)	$	(0.88)