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Shareholders' Equity (Tables)
12 Months Ended
Dec. 31, 2021
Equity [Abstract]  
Summary of Information Related to Issuance of Company's Preferred Stock

The following table summarizes information related to issuance of the Company’s preferred stock as of December 31, 2020:

 

Preferred
Stock Class

 

Number of
Shares
Authorized

 

 

Shares
Issued and
Outstanding

 

 

Carrying
Value
(1)

 

 

Number of
Common
Stock
Equivalent
Shares

 

 

Liquidation
Preference

 

 

 

 

 

 

 

 

 

(in thousands)

 

 

 

 

 

(in thousands)

 

Series A-1

 

 

730,591

 

 

 

730,591

 

 

$

500

 

 

 

730,591

 

 

$

500

 

Series B

 

 

955,573

 

 

 

955,573

 

 

 

6,999

 

 

 

955,573

 

 

 

6,941

 

Series C

 

 

917,554

 

 

 

917,554

 

 

 

9,073

 

 

 

917,554

 

 

 

9,210

 

Series C-1

 

 

1,671,229

 

 

 

1,643,832

 

 

 

17,941

 

 

 

1,643,832

 

 

 

18,000

 

Series D

 

 

4,261,994

 

 

 

3,982,359

 

 

 

70,686

 

 

 

3,982,359

 

 

 

70,847

 

Series E

 

 

8,991,266

 

 

 

8,801,978

 

 

 

176,143

 

 

 

8,801,978

 

 

 

176,700

 

 

 

 

17,528,207

 

 

 

17,031,887

 

 

$

281,342

 

 

 

17,031,887

 

 

$

282,198

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1) The carrying value reflects the gross proceeds received from the sale of the preferred stock net of issuance costs and the fair value at issuance of preferred stock warrants classified as a liability