Annual report pursuant to Section 13 and 15(d)

Redeemable Convertible Preferred Stock (Tables)

v3.22.1
Redeemable Convertible Preferred Stock (Tables)
12 Months Ended
Dec. 31, 2021
Temporary Equity Disclosure [Abstract]  
Summary of Redeemable Convertible Preferred Stock

Redeemable convertible preferred stock as of December 31, 2020 consisted of the following (in thousands, except share and per share amounts):

 

 

 

December 31, 2020

 

 

 

Shares
Authorized

 

 

Shares
Issued and
Outstanding

 

 

Original
Issue Price

 

 

Aggregate
Liquidation
Preference

 

 

Net
Carrying
Value

 

Series Seed-1 Preferred Stock

 

 

24,030,035

 

 

 

24,030,035

 

 

$

0.1784

 

 

$

4,287

 

 

$

4,287

 

Series Seed-2 Preferred Stock

 

 

42,519,688

 

 

 

42,519,688

 

 

 

0.1784

 

 

 

7,585

 

 

 

7,585

 

Series A Preferred Stock

 

 

74,048,845

 

 

 

74,048,845

 

 

 

0.2197

 

 

 

16,265

 

 

 

16,040

 

Series B Preferred Stock

 

 

78,314,959

 

 

 

77,594,404

 

 

 

1.2838

 

 

 

99,615

 

 

 

99,398

 

Series C Preferred Stock

 

 

145,822,505

 

 

 

114,571,243

 

 

 

5.6029

 

 

 

641,927

 

 

 

641,002

 

Total redeemable convertible preferred stock

 

 

364,736,032

 

 

 

332,764,215

 

 

 

 

 

$

769,679

 

 

$

768,312