XML 159 R40.htm IDEA: XBRL DOCUMENT v3.25.3
Redeemable Convertible Preferred Stock (Tables)
 9 Months Ended 12 Months Ended
Sep. 30, 2025
Dec. 31, 2024
Temporary Equity Disclosure [Abstract]    
Schedule Of Redeemable Convertible Preferred Stock
As of December 31, 2024, Legacy Kodiak’s redeemable convertible preferred stock consisted of the following (in thousands):
 
    
Shares

Issued and

Outstanding
     
Carrying

Value
     
Liquidation

Preference
  
Series Seed
      4,468      $ 3,000      $ 3,000  
Series A
      16,851        37,537        37,710  
Series B-1
      13,618        37,716        32,760  
Series B-2
      27,303        92,395        96,619  
  
 
 
     
 
 
     
 
 
  
Total redeemable convertible preferred stock
      62,240      $ 170,648      $ 170,089  
  
 
 
     
 
 
     
 
 
  
As of December 31, 2024 and 2023, the Company’s redeemable convertible preferred stock consisted of the following (in thousands):
 
    
Shares
Authorized
     
Shares
Issued and
Outstanding
     
Carrying
Value
     
Liquidation
Preference
  
Series Seed
      6,746        6,746      $ 3,000      $ 3,000  
Series A
      27,470        25,439        37,537        37,710  
Series
B-1
      20,559        20,559        37,716        32,760  
Series
B-2
      43,352        41,219        92,395        96,619  
  
 
 
     
 
 
     
 
 
     
 
 
  
Total redeemable convertible preferred stock
      98,127        93,963      $  170,648      $  170,089  
  
 
 
     
 
 
     
 
 
     
 
 
  
The holders of the Company’s Seed Series, Series A, Series
B-1
and Series
B-2
redeemable convertible preferred stock (collectively, “redeemable convertible preferred stock”) have the following significant terms as of December 31, 2024.