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Simple Agreements for Future Equity (SAFE) | 12 Months Ended
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Dec. 31, 2021
Other Liabilities Disclosure [Abstract] |
Simple Agreements for Future Equity (SAFE) | Simple Agreements for Future Equity (SAFE) Between April 2016 and May 2019, the Company issued SAFE notes that allowed the investors to participate in future equity financings through a share-settled redemption of the amount invested. On June 24, 2019, in connection with the sale of the Series A preferred stock, the SAFE notes were settled by issuance of 68,877,417 shares of Series A preferred stock and 3,612,062 shares of common stock. The SAFE notes were marked to fair value as of the settlement date, resulting in a charge for the increase in fair value of $24.2 million during the year ended December 31, 2019. One SAFE note was settled in cash for $5.6 million in 2019, resulting in an immaterial loss on settlement. No SAFE notes have been outstanding since December 31, 2019.

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