General form of registration statement for all companies including face-amount certificate companies

Convertible Preferred Stock (Tables)

v3.22.2.2
Convertible Preferred Stock (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2022
Dec. 31, 2021
Temporary Equity [Abstract]    
Schedule of Company's outstanding convertible preferred stock
The Company’s outstanding convertible preferred stock consisted of the following as of December 31,
2021
(in thousands, except share and per share data):
 
 
  
Original

Issue Price
 
  
Shares

Authorized
 
  
Shares

Outstanding
 
  
Net Carrying

Value
 
  
Liquidation

Preference
 
Series Seed
   $ 0.5245        9,693,116        9,693,115      $ 3,943      $ 5,084  
Series A
     0.5245        14,130,360        14,069,657        5,240        7,379  
Series B
     1.2450        12,689,363        12,563,418        15,545        15,642  
Series C
     2.4144        15,635,550        15,324,913        36,917        37,000  
Series
C-1
     3.1669        8,554,106        8,554,106        27,003        27,090  
Series D
     7.0135        20,196,682        19,961,423        136,618        140,000  
Series
D-1
     9.0731        5,314,209        5,314,209        48,146        48,216  
Series
D-2
     6.1850        14,551,371        14,551,370        89,638        90,000  
Series E
     8.4672        14,762,823        14,762,823        124,868        125,000  
             
 
 
    
 
 
    
 
 
    
 
 
 
Total
              115,527,580        114,795,034      $ 487,918      $ 495,411  
             
 
 
    
 
 
    
 
 
    
 
 
 
 
The Company’s outstanding convertible preferred stock consisted of the following as of December 31, 2020 and 2021 (in thousands, except share data):
 
 
  
Original
Issue
Price
 
  
Shares
Authorized
 
  
Shares
Outstanding
 
  
Net Carrying
Value
 
  
Liquidation
Preference
 
Series Seed
   $ 0.5245        9,693,116        9,693,115      $ 3,943      $ 5,084  
Series A
     0.5245        14,130,360        14,069,657        5,240        7,379  
Series B
     1.2450        12,689,363        12,563,418        15,545        15,642  
Series C
     2.4144        15,635,550        15,324,913        36,917        37,000  
Series
C-1
     3.1669        8,554,106        8,554,106        27,003        27,090  
Series D
     7.0135        20,196,682        19,961,423        136,618        140,000  
Series
D-1
     9.0731        5,314,209        5,314,209        48,146        48,216  
Series
D-2
     6.1850        14,551,371        14,551,370        89,638        90,000  
Series E
     8.4672        14,762,823        14,762,823        124,868        125,000  
             
 
 
    
 
 
    
 
 
    
 
 
 
Total
              115,527,580        114,795,034      $ 487,918      $ 495,411