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REDEEMABLE CONVERTIBLE PREFERRED STOCK (Tables)
6 Months Ended
Jun. 30, 2024
REDEEMABLE CONVERTIBLE PREFERRED STOCK  
Summary of Preferred Stock issuances

Preferred Stock (1)

Issuance Date

Shares

Conversion Price

Net Equity Recorded (2)
(in thousands)

Deemed Dividend Date

Non-cash Deemed Dividends (2)
(in thousands)

Series A

March 28, 2023

25,000

$

9.03

$

23,541

March 31, 2023

$

1,459

Series A-1

September 6, 2023

38,000

$

7.63

$

36,941

September 30, 2023

$

1,059

Series A-2

December 15, 2023

35,000

$

6.21

$

34,006

December 31, 2023

$

994

Series A-3

March 27, 2024

20,000

$

6.83

$

19,397

March 31, 2024

$

603

Series A-4

May 13, 2024

20,000

$

6.42

$

19,385

June 30, 2024

$

615