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Redeemable Convertible Preferred Stock | 6 Months Ended
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Jun. 30, 2020
Temporary Equity Disclosure [Abstract] |
Redeemable Convertible Preferred Stock | Note 8. Redeemable Convertible Preferred Stock Series A redeemable convertible preferred stock, Series B redeemable convertible preferred stock and Series C redeemable convertible preferred stock (collectively the “Redeemable Convertible Preferred Stock”) outstanding consisted of the following as of December 31, 2018 and as of immediately prior to the automatic conversion of the Redeemable Convertible Preferred Stock into common stock:
|  | December 31, 2018 |
|  | Shares Authorized |  |  | Shares Issued and Outstanding |  |  | Aggregate Liquidation Preference |  |  | Net Carrying Value |
|  |  |  |  |  |  |  |  |  | (in thousands) |
Series A |  |  | 31,250,000 |  |  |  | 7,812,497 |  |  | $ | 20,500 |  |  | $ | 20,261 |
Series B |  |  | 19,288,150 |  |  |  | 4,799,548 |  |  |  | 22,078 |  |  |  | 22,047 |
Series C |  |  | 24,700,000 |  |  |  | 5,862,697 |  |  |  | 47,206 |  |  |  | 47,096 |
Total redeemable convertible preferred stock |  |  | 75,238,150 |  |  |  | 18,474,742 |  |  | $ | 89,784 |  |  | $ | 89,404 |
Immediately prior to the closing of the Company’s IPO, all shares of the Company’s then-outstanding Redeemable Convertible Preferred Stock, as shown in the table above, automatically converted on a one-for-one basis into an aggregate of 18,474,703 shares of common stock. The Company’s June 2019 reverse stock split was effected on a holder-by-holder basis with no fractional shares issued, which resulted in 39 fewer shares of common stock issued as compared to the amounts shown in the above table.

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