Annual report pursuant to Section 13 and 15(d)

Redeemable Convertible Preferred Stock

v3.22.1
Redeemable Convertible Preferred Stock
 12 Months Ended
Dec. 31, 2021
Equity [Abstract]  
Redeemable Convertible Preferred Stock Redeemable Convertible Preferred Stock
The Company had issued redeemable convertible preferred shares prior to 2020. Upon completion the Company’s IPO in November 2021, these preferred shares were all converted on a one-to-one basis to an aggregate 43,836,109 shares of common stock. The following table summarizes the Company’s redeemable convertible preferred stock as of December 31, 2020 (in thousands, except share and per share amounts):
Shares Authorized Shares Issued and Outstanding Issuance Price
Per Share		 Carrying Amount Liquidation Preference
Series AA 4,766,263  4,766,263  $ 0.21  $ 1,000  $ 1,000 
Series A-1 1,253,739  1,253,739  0.46 $ 580  $ 580 
Series A-2 432,323  432,323  0.58 $ 250  $ 250 
Series A 3,070,449  3,070,449  1.68 $ 5,152  $ 5,150 
Series B 9,412,354  9,412,354  1.69 $ 15,480  $ 15,900 
Series B-1 13,191,371  13,191,371  1.69 $ 22,008  $ 28,693 
Series C 7,012,806  7,012,806  5.35 $ 37,468  $ 37,500 
Series D 4,696,804  4,696,804  14.90 $ 70,000  $ 70,000 
43,836,109  43,836,109  $ 151,938  $ 159,073 
As of December 31, 2021 there was no preferred stock outstanding.