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Redeemable Convertible Preferred Stock (Tables)
6 Months Ended
Jun. 30, 2020
Temporary Equity Disclosure [Abstract]  
Schedule of Redeemable Convertible Preferred Stock
As of each balance sheet date, the Preferred Stock consisted of the following:
 
   
June 30, 2020
 
   Issued and
Outstanding
   Carrying
Value
   Liquidation
Preference
   Common
Stock
Issuable
Upon
Conversion
 
   
(dollars in thousands)
 
Series A
   25,000,000   $33,479   $33,479    3,343,542 
Series B
   29,972,284    75,314    75,014    4,499,824 
Series C
   53,123,923    85,475    85,475    7,104,883 
  
 
 
   
 
 
      
 
 
 
   108,096,207   $194,268   $ 193,968    14,948,249 
  
 
 
   
 
 
     
 
 
 
 
   
December 31, 2019
 
   Issued and
Outstanding
   Carrying
Value
   Liquidation
Preference
   Common
Stock
Issuable
Upon
Conversion
 
   
(dollars in thousands)
 
Series A
   25,000,000   $ 32,482   $ 32,482    3,343,542 
Series B
   26,283,386    64,446    64,446    3,946,001 
  
 
 
   
 
 
      
 
 
 
   51,283,386   $96,928   $96,928    7,289,543 
Schedule of Cumulative Dividends
Cumulative dividends were as follows:
   
June 30,
   
December 31,
 
   
2020
   
2019
 
   
(in thousands)
 
Series A
  $8,479   $7,482 
Series B
  $10,014   $7,446 
Series C
  $392   $—