Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Share

Net Loss Per Share

6 Months Ended

Jun. 30, 2020

3. Net Loss Per Share

The table below presents common shares underlying stock options, warrants and convertible loans that are excluded from the calculation of the weighted average number of common shares outstanding used for the calculation of diluted net loss per common share. These are excluded from the calculation due to their anti-dilutive effect:


	Three Months Ended		Six Months Ended
(in thousands)	June 30,		June 30,
	2020	2019	2020	2019
Weighted-average anti-dilutive common shares resulting from options	898	1,124	944	894
Weighted-average anti-dilutive common shares resulting from warrants	8,342	277	8,342	257
Weighted-average anti-dilutive common shares resulting from convertible loans	3,243	333	3,243	333
	12,483	1,734	12,529	1,484