NET PROFIT/(LOSS) PER SHARE (Tables)

9 Months Ended

Sep. 30, 2024

Schedule of Computation of Basic and Diluted Net Loss Per Share

The following table sets forth the computation of basic and diluted net profit/(loss) per share for the periods indicated:


	Three Months Ended September 30,				Nine Months Ended September 30,
	2024		2023		2024		2023
Numerator:
Net profit/(loss) attributable to common stock shareholders-Basic	$	13,247	$	(26,130)	$	(90,019)	$	(81,800)
Changes in fair value of convertible loan	(2,764)		—		—		—
Net profit/(loss) attributable to common stock shareholders-Dilutive	$	10,483	$	(26,130)	$	(90,019)	$	(81,800)

Denominator:
Weighted average common stock used in computing basic net profit/(loss) per share	320,545,388		313,108,457		317,153,113		309,541,499
Weighted-average effect of dilutive stocks:
Add:
Diluted effect of shares issuable upon exercise of non-vested shares	1,048,846		—		—		—
Diluted effect of shares issuable upon exercise of Capped non-vested shares	1,654,338		—		—		—
Diluted effect of shares issuable upon convert of convertible loan	43,782,609		—		—		—
Weighted average stock used in computing diluted net profit/(loss) per share	367,031,181		313,108,457		317,153,113		309,541,499

Basic net profit/(loss) per share	$	0.04	$	(0.08)	$	(0.28)	$	(0.26)
Diluted net profit/(loss) per share	$	0.03	$	(0.08)	$	(0.28)	$	(0.26)

Schedule of Shares Outstanding Were Excluded from the Calculation of Diluted Net Loss Per Ordinary Share

For the three and nine months ended September 30, 2024 and 2023, the following Common Stock outstanding were excluded from the calculation of diluted net loss per share, as their inclusion would have been anti-dilutive for the periods prescribed.


	Three Months Ended September 30,		Nine Months Ended September 30,
	2024	2023	2024	2023
Shares issuable upon exercise of stock options	31,431,068	35,830,564	31,812,977	36,001,774
Shares issuable upon vesting of non-vested shares	1,371,685	3,898,963	2,646,585	3,652,642
Shares issuable upon vesting of Capped non-vested shares	—	8,343,220	4,950,938	11,662,166
Shares issuable upon exercise of warrants	33,937,000	28,437,000	30,946,124	28,437,000
Shares issuable upon vesting of Earn-out shares	4,999,997	19,999,988	14,963,495	19,999,988
Shares issuable that may be subject to cancellation	1,687,500	1,687,500	1,687,500	1,687,500
Shares issuable upon convert of convertible loan	—	—	17,678,832	—