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Preferred Stock (Tables)

12 Months Ended

Dec. 31, 2023

Class of Stock Disclosures [Abstract]

Schedule of Preferred Stock authorized, issued and outstanding Table

As of December 31, 2022, Legacy Korro Preferred Stock authorized, issued and outstanding consisted of the following (in thousands, except share amounts):

		December 31, 2022
		Preferred Stock Authorized				Preferred Stock Issued and Outstanding				Carrying Value				Liquidation Value				Common Stock Issuable Upon Conversion
Legacy Korro Series Seed Preferred Stock			684,739				684,739				15,924			$	16,115				684,739
Legacy Korro Series A Preferred Stock			2,029,666				2,029,666				77,736				91,500				2,029,666
Legacy Korro Series B-1 Preferred Stock			1,104,178				1,104,178				57,703				58,000				1,104,178
Legacy Korro Series B-2 Preferred Stock			1,036,656				223,417				12,500				12,500				223,417
Total			4,855,239				4,042,000			$	163,863			$	178,115				4,042,000

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- References

No definition available.

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- Definition

Tabular disclosure of preferred units of master limited partnerships that have priority over limited partner units in areas including liquidation, redemption, conversion, tax status of distribution or sharing in distributions. This schedule ordinarily includes a description of the preferred units that details various rights including redemption, conversion, liquidation, and sharing in distributions; capital contributed by preferred partners; number of preferred units authorized to be issued, issued, and outstanding; aggregate cumulative cash distributions made to the preferred partners; aggregate cumulative net income earned by the preferred partners; capital account balance of the preferred partners.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 5
-Subparagraph (SAB TOPIC 4.F)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480008/505-10-S99-5

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