Convertible Preferred Stock

12 Months Ended

Dec. 31, 2019

Temporary Equity Disclosure [Abstract]

As of December 31, 2018, we had seven outstanding series of Preferred Stock ("Series Preferred") each with a par value of $0.00002 per share, which were convertible at the option of the holder. The Series Preferred was classified as temporary equity on the accompanying Consolidated Balance Sheets as of December 31, 2018. Immediately upon closing of the IPO, our convertible preferred stock was automatically converted to shares of our Class B common stock. We had no convertible preferred stock issued or outstanding as of December 31, 2019.

A summary of the Preferred Stock outstanding as of December 31, 2018 and other related information is as follows:



	As of December 31, 2018
	Shares Authorized	Shares Issued and Outstanding	Net Carrying Amount		Liquidation Preference
	(in thousands except share data)
Series Seed Preferred Stock	8,049,365	8,049,364	$	1,200	$	1,200
Series A Preferred Stock	2,733,520	2,733,518	1,050		1,050
Series B Preferred Stock	11,058,835	10,945,209	11,260		11,260
Series C Preferred Stock	9,805,905	9,753,060	41,420		41,527
Series D Preferred Stock	11,675,463	11,627,903	74,912		75,000
Series E Preferred Stock	6,609,032	6,609,030	49,863		50,000
Series F Preferred Stock	4,216,523	3,912,129	39,879		40,000
Total	54,148,643	53,630,213	$	219,584	$	220,037