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Redeemable Convertible Preferred Shares | 6 Months Ended
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Jun. 30, 2023
Redeemable Convertible Preferred Shares |
Redeemable Convertible Preferred Shares | 6. Redeemable Convertible Preferred Shares Under the Company’s Memorandum and Articles of Association, as amended, prior to the IPO, the Company’s redeemable convertible preferred shares were issuable in series. As of December 31, 2022, redeemable convertible preferred shares consisted of the following (in thousands, except share and per share amounts): ​
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​ | ​ | DECEMBER 31, 2022
​ |  | ​ |  | ​ | ​ |  | SHARES ISSUED |  | ​ | ​ |  | ​ | ​
​ |  | SHARES |  | ORIGINAL |  | AND |  | CARRYING |  | LIQUIDATION
SERIES | ​ | AUTHORIZED | ​ | ISSUE PRICE |  | OUTSTANDING | ​ | VALUE | ​ | VALUE
A |  | 19,200,000 | ​ | $ | 1.6667 |  | 19,200,000 | ​ | $ | 32,001 | ​ | $ | 32,001
A+ | ​ | 12,799,681 | ​ | ​ | 2.0313 | ​ | 12,799,681 | ​ | ​ | 26,000 | ​ | ​ | 26,000
B | ​ | 32,857,004 | ​ | ​ | 4.0483 | ​ | 32,857,004 | ​ | ​ | 133,015 | ​ | ​ | 133,015
B-1 |  | 2,161,402 | ​ |  | 3.2386 |  | 2,161,402 | ​ |  | 8,959 | ​ |  | 7,000
​ |  | 67,018,087 | ​ |  | ​ | ​ | 67,018,087 | ​ | $ | 199,975 | ​ | $ | 198,016
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ Dividends on redeemable convertible preferred shares are noncumulative and none were declared through conversion. Upon closing of the Company’s IPO, all outstanding redeemable convertible preferred shares automatically converted into 67,018,087 ordinary shares on a one-for-one basis.

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