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Reverse Recapitalization (Tables) | 3 Months Ended
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Mar. 31, 2024
Reverse Recapitalization |
Number of shares of common stock issued and outstanding immediately following consummation of the Business Combination | The number of shares of common stock issued and outstanding immediately following consummation of the Business Combination was (in thousands):
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​ |  | Shares
Common stock of Concord III outstanding prior to the Business Combination |  | 3,941
Less: redemption of Concord III’s common stock |  | (3,766)
Sponsor earnout common stock outstanding prior to the Business Combination |  | 8,625
Common stock of Concord III issued and outstanding |  | 8,800
Common stock issued in PIPE Financing |  | 4,530
Legacy GCT common stock |  | 32,503
Total common stock issued and outstanding |  | 45,833

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