Convertible Preferred Stock and Stockholders’ Deficit (Tables)

6 Months Ended

Jun. 30, 2020

Equity [Abstract]

Schedule of Reserved Shares of Common Stock for Issuance

The Company has reserved shares of common stock for issuance as follows:

	June 30, 2020
Preferred Stock, as converted		39,859,139
Unvested restricted stock units and stock options outstanding under the 2018 Equity Incentive Plan		3,856,978
Stock available for grant under the 2018 Equity Incentive Plan		375,093
		44,091,210

Summary of Plan Activity for Shares Issued and Outstanding and Number of Shares Remaining Available for Grant

The summary of plan activity for shares issued and outstanding and the number of shares remaining available for grant under the plan are as follows:

	June 30, 2020
Common stock granted under the 2018 Equity Incentive Plan		6,658,878
Common stock available for grant under the 2018 Equity Incentive Plan		375,093
		7,033,971

Schedule of Preferred Stock

At June 30, 2020 and December 31, 2019, preferred stock consisted of the following:

(in thousands, except share amounts)	Preferred Stock Authorized		Preferred Stock Issued and Outstanding		Carrying Value		Liquidation Value		Common Stock Issuable Upon Conversion
Series A1 Preferred Stock		20,000,000		—	$	—	$	—		—
Series A2 Preferred Stock		20,000,000		20,000,000		29,775		30,000		13,420,970
Series A3 Preferred Stock		22,453,987		22,453,987		19,364		33,681		15,067,706
Series A4 Preferred Stock		2,066,666		2,066,666		3,065		3,100		1,386,831
Series B Preferred Stock		14,877,697		14,877,697		120,923		121,253		9,983,632
Total		79,398,350		59,398,350	$	173,127	$	188,034		39,859,139