XML 131 R31.htm IDEA: XBRL DOCUMENT v3.25.1
Convertible Preferred Stock (Tables)
 12 Months Ended
Dec. 31, 2024
Convertible Preferred Stock [Abstract]  
Schedule of Authorized, Issued, And Outstanding Convertible Preferred Stock

As of December 31, 2023, the authorized, issued, and outstanding convertible preferred stock (collectively, the “Convertible Preferred Stock”) consisted of the following (in thousands, except share and per share amounts):

 

   Shares
authorized		   Shares issued
and outstanding		   Original Issue
Price		   Net proceeds   Aggregate
liquidation
preference		 
Series A(1)   1,631,226    1,573,999    3.1680   $4,924   $4,986 
Series B   2,834,955    2,511,007    11.4994   $28,785   $28,875 
Series C   1,708,298    1,498,516    28.7280   $42,921   $43,049 
Series D   2,424,334    1,312,722    54.3907   $69,453   $71,400 
Series E(2)   3,951,628    1,152,329    64.2483   $73,092   $74,035 
    12,550,441    8,048,573        $219,175   $222,345 
(1)Includes 56,080 shares of Series A convertible preferred stock issued at a price of $3.01 per share, representing a 5% discount from the original issuance price, from simultaneous extinguishment of convertible notes.

(2)Includes 838,702 shares of Series E convertible preferred stock issued at a price of $54.61 per share, representing a 15% discount from the original issuance price, from simultaneous extinguishment of convertible notes.