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PREFERRED STOCK AND STOCK-BASED COMPENSATION (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2021
Dec. 31, 2020
PREFERRED STOCK AND SHAREHOLDERS' EQUITY    
Schedule of authorized and outstanding Redeemable Convertible Redeemable Convertible Preferred Stock and Redeemable Redeemable Convertible Preferred Stock

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31, 2021

 

 

 

 

 

 

Carrying 

 

 

 

 

 

 

 

 

 

Value, Net 

 

 

 

 

 

Shares 

 

Shares Issued 

 

of issuance 

 

Liquidation 

 

    

Authorized

    

and Paid

    

costs

    

Preference

Series A Preferred Stock of $0.01 par value

 

16,078,344

 

16,078,344

 

$

385

 

$

4,700

Series A‑1 Preferred Stock of $0.01 par value

 

4,297,440

 

4,297,440

 

 

638

 

 

1,497

Series B Preferred Stock of $0.01 par value

 

15,253,512

 

15,253,512

 

 

4,497

 

 

10,074

Series B‑1 Preferred Stock of $0.01 par value

 

2,087,880

 

2,087,880

 

 

492

 

 

1,132

Series C Preferred Stock of $0.01 par value

 

29,537,800

 

29,537,800

 

 

25,147

 

 

23,452

Series C‑1 Preferred Stock of $0.01 par value

 

3,000,000

 

3,000,000

 

 

 —

 

 

1,964

Series C‑2 Preferred Stock of $0.01 par value

 

8,695,368

 

8,695,368

 

 

5,054

 

 

11,883

Series D Preferred Stock of $0.01 par value

 

18,605,940

 

18,605,940

 

 

30,739

 

 

46,914

Series E Preferred Stock of $0.01 par value

 

11,066,882

 

11,066,882

 

 

67,858

 

 

90,282

Series E‑1 Preferred Stock of $0.01 par value

 

2,828,854

 

2,828,854

 

 

19,990

 

 

24,676

Total

 

111,452,020

 

111,452,020

 

$

154,800

 

$

216,574

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

Carrying 

 

 

 

 

 

 

 

 

 

Value, Net 

 

 

 

 

 

Shares 

 

Shares Issued 

 

of issuance 

 

Liquidation 

 

    

Authorized

    

and Paid

    

costs

    

Preference

Series A Preferred Stock of $0.01 par value

 

16,078,344

 

16,078,344

 

$

385

 

$

4,633

Series A‑1 Preferred Stock of $0.01 par value

 

4,297,440

 

4,297,440

 

 

638

 

 

1,476

Series B Preferred Stock of $0.01 par value

 

15,253,512

 

15,253,512

 

 

4,497

 

 

9,930

Series B‑1 Preferred Stock of $0.01 par value

 

2,087,880

 

2,087,880

 

 

492

 

 

1,115

Series C Preferred Stock of $0.01 par value

 

29,537,800

 

29,537,800

 

 

25,147

 

 

23,117

Series C‑1 Preferred Stock of $0.01 par value

 

3,000,000

 

3,000,000

 

 

 —

 

 

1,936

Series C‑2 Preferred Stock of $0.01 par value

 

8,695,368

 

8,695,368

 

 

5,054

 

 

11,713

Series D Preferred Stock of $0.01 par value

 

18,605,940

 

18,605,940

 

 

30,739

 

 

46,245

Series E Preferred Stock of $0.01 par value

 

11,066,882

 

11,066,882

 

 

67,858

 

 

88,995

Series E‑1 Preferred Stock of $0.01 par value

 

2,828,854

 

2,828,854

 

 

19,990

 

 

24,324

Total

 

111,452,020

 

111,452,020

 

$

154,800

 

$

213,484

 

Redeemable Preferred Stock:

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31, 2021

 

 

Shares 

 

Shares Issued 

 

Carrying 

 

Liquidation 

 

    

Authorized

    

and Paid

    

Value

    

Preference

Series 1 Preferred Stock of $0.01 par value

 

3,500

 

3,500

 

$

10,735

 

$

37,451

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

Shares 

 

Shares Issued 

 

Carrying 

 

Liquidation 

 

    

Authorized

    

and Paid

    

Value

    

Preference

Series 1 Preferred Stock of $0.01 par value

 

3,500

 

3,500

 

$

10,735

 

$

36,520

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

Carrying 

 

 

 

 

 

 

 

 

 

Value, Net 

 

 

 

 

 

Shares 

 

Shares Issued 

 

of issuance 

 

Liquidation 

 

    

Authorized

    

and Paid

    

costs

    

Preference

Series A Preferred Stock of $0.01 par value

 

16,078,344

 

16,078,344

 

$

385

 

$

4,633

Series A-1 Preferred Stock of $0.01 par value

 

4,297,440

 

4,297,440

 

 

638

 

 

1,476

Series B Preferred Stock of $0.01 par value

 

15,253,512

 

15,253,512

 

 

4,497

 

 

9,930

Series B-1 Preferred Stock of $0.01 par value

 

2,087,880

 

2,087,880

 

 

492

 

 

1,115

Series C Preferred Stock of $0.01 par value

 

29,537,800

 

29,537,800

 

 

25,147

 

 

23,117

Series C-1 Preferred Stock of $0.01 par value

 

3,000,000

 

3,000,000

 

 

 —

 

 

1,936

Series C-2 Preferred Stock of $0.01 par value

 

8,695,368

 

8,695,368

 

 

5,054

 

 

11,713

Series D Preferred Stock of $0.01 par value

 

18,605,940

 

18,605,940

 

 

30,739

 

 

46,245

Series E Preferred Stock of $0.01 par value

 

11,066,882

 

11,066,882

 

 

67,858

 

 

88,995

Series E-1 Preferred Stock of $0.01 par value

 

2,828,854

 

2,828,854

 

 

19,990

 

 

24,324

Total

 

111,452,020

 

111,452,020

 

$

154,800

 

$

213,484

 

 

 

 

 

 

 

 

 

 

 

 

 

    

December 31, 2019

 

 

 

 

 

 

Carrying 

 

 

 

 

 

 

 

 

 

Value, Net 

 

 

 

 

 

Shares 

 

Shares Issued 

 

of issuance 

 

Liquidation 

 

    

Authorized

    

and Paid

    

costs

    

Preference

Series A Preferred Stock of $0.01 par value

 

16,078,344

 

16,078,344

 

$

385

 

$

4,370

Series A-1 Preferred Stock of $0.01 par value

 

4,297,440

 

4,297,440

 

 

638

 

 

1,392

Series B Preferred Stock of $0.01 par value

 

15,253,512

 

15,253,512

 

 

4,497

 

 

9,367

Series B-1 Preferred Stock of $0.01 par value

 

2,087,880

 

2,087,880

 

 

492

 

 

1,052

Series C Preferred Stock of $0.01 par value

 

29,537,800

 

29,537,800

 

 

25,147

 

 

21,805

Series C-1 Preferred Stock of $0.01 par value

 

3,000,000

 

3,000,000

 

 

 —

 

 

1,826

Series C-2 Preferred Stock of $0.01 par value

 

8,695,368

 

8,695,368

 

 

5,054

 

 

11,048

Series D Preferred Stock of $0.01 par value

 

18,605,940

 

18,605,940

 

 

30,739

 

 

43,621

Series E Preferred Stock of $0.01 par value

 

11,066,882

 

11,066,882

 

 

67,858

 

 

83,944

Series E-1 Preferred Stock of $0.01 par value

 

2,828,854

 

2,828,854

 

 

19,990

 

 

22,943

Total

 

111,452,020

 

111,452,020

 

$

154,800

 

$

201,368

 

Redeemable Preferred Stock:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

Shares

 

Shares Issued

 

Carrying 

 

Liquidation 

 

    

 Authorized

    

 and Paid

    

Value

 

Preference

Series 1 Preferred Stock of $0.01 par value

 

3,500

 

3,500

 

$

10,735

 

$

36,520

 

Schedule of options to purchase shares of common stock activity under our equity incentive plans

 

 

 

 

    

Options

Outstanding at December 31, 2020

 

25,241,896

Granted

 

2,877,446

Exercised

 

(672,562)

Expired

 

 —

Forfeited

 

(130,709)

Outstanding at March 31, 2021

 

27,316,071

 

The following table presents a summary of stock option activity for the year ended December 31, 2020:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

    

Weighted 

    

Weighted 

    

 

 

 

 

 

 

Average 

 

Average 

 

 

 

 

 

 

 

Exercise 

 

Remaining 

 

Aggregate 

 

 

 

 

Price per 

 

Contractual 

 

Intrinsic 

 

    

Shares

    

Share

    

Term

    

Value

Outstanding January 1, 2020

 

24,694,990

 

$

3.43

 

$

 6.19

 

$

55,590

Granted

 

5,888,532

 

$

4.06

 

 

  

 

 

  

Exercised

 

(3,313,666)

 

$

0.67

 

 

  

 

 

  

Expired

 

(247,176)

 

$

0.09

 

 

  

 

 

  

Forfeited

 

(1,780,784)

 

$

4.17

 

 

  

 

 

  

Outstanding December 31, 2020

 

25,241,896

 

$

3.92

 

$

6.70

 

$

83,639

 

 

 

 

 

 

 

 

 

 

 

 

Exercisable December 31, 2020

 

15,370,932

 

$

3.47

 

$

5.45

 

$

59,370

 

Schedule of stock-based compensation expense

 

 

 

 

 

 

 

 

    

Three months ended March 31

 

    

2021

    

2020

Other operating expenses

 

$

1,199

 

$

646

Research and development expenses

 

 

899

 

 

338

Sales and marketing expenses

 

 

1,040

 

 

422

General and administrative expenses

 

 

1,159

 

 

772

Total stock-based compensation

 

$

4,297

 

$

2,178

 

 
Share-based Payment Arrangement, Restricted Stock Unit, Activity [Table Text Block]

The following table summarizes the RSUs activity under the 2017 Plan as of March 31, 2021:

 

 

 

 

    

Units

Outstanding December 31, 2020

 

915,730

Awarded

 

794,448

Vested

 

 —

Forfeited

 

(600)

Outstanding March 31, 2021

 

1,709,578

 

The following table summarizes the RSUs activity under the 2017 Plan as of December 31, 2020:

 

 

 

 

 

 

 

 

    

 

    

Weighted 

 

 

 

 

Average 

 

 

 

 

Grant Date 

 

    

Units

    

Fair Value

Outstanding December 31, 2019

 

 —

 

$

 —

Awarded

 

915,730

 

$

5.17

Vested

 

 —

 

$

 —

Forfeited

 

 —

 

$

 —

Outstanding December 31, 2020

 

915,730

 

$

5.17