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Convertible Preferred Stock (Tables)
12 Months Ended
Dec. 31, 2020
Temporary Equity Disclosure [Abstract]  
Schedule of Temporary Equity
The original issue price and the liquidation value, as of December 2, 2020, of each class of preferred stock were as follows:
Shares
Authorized
Shares
Issued and
Outstanding
Per Share
Liquidation
Preference
Series A30,374,645 22,638,795 $3.18 
Series A-12,226,013 2,226,013 1.12 
Series A-218,030,728 18,030,728 1.11 
Series A-33,047,168 3,047,168 1.31 
Series A-4679,188 679,188 1.47 
Series A-51,877,184 1,691,162 1.48 
Series A-63,372,566 3,372,566 2.22 
Series A-719,896,476 19,896,476 2.54 
Series A-85,258,501 5,258,501 2.70 
Series A-910,205,127 10,205,127 2.86 
Series A-103,445,914 3,445,914 3.02 
Series A-114,326,513 4,326,513 0.39 
Series X20,077,073 18,457,230 9.96 
The conversion prices of each series of preferred stock were as follows:
Conversion price
Series A$3.18 
Series A-11.12 
Series A-21.11 
Series A-31.31 
Series A-41.47 
Series A-51.48 
Series A-62.22 
Series A-72.54 
Series A-82.70 
Series A-92.86 
Series A-103.02 
Series A-111.78 
Series X9.96 
The following table summarizes the calculation of the BCF as of the commitment dates of the Preferred Stock:
Commitment DateSeriesType of Consideration
received (cash or
settlement of other
instruments)
Effective
Conversion
Price
Fair value
of the
Common
Stock
Number of
Shares
Issuable
upon
Conversion
BCF
6/24/2019ACash$3.18 $1.36 8,833,786 $— 
6/24/2019ASettlement of SAFEs3.18 1.36 1,024,569 — 
6/24/2019A-1Settlement of SAFEs1.12 1.36 2,226,013 536,000 
6/24/2019A-2Settlement of SAFEs1.11 1.36 18,030,728 4,590,000 
6/24/2019A-3Settlement of SAFEs1.31 1.36 3,047,168 156,000 
6/24/2019A-4Settlement of SAFEs1.47 1.36 679,188 — 
6/24/2019A-5Settlement of SAFEs1.48 1.36 1,691,162 — 
6/24/2019A-6Settlement of SAFEs2.22 1.36 3,372,566 — 
6/24/2019A-7Settlement of SAFEs2.54 1.36 19,896,477 — 
6/24/2019A-8Settlement of SAFEs2.70 1.36 5,258,501 — 
6/24/2019A-9Settlement of SAFEs2.86 1.36 10,205,127 — 
6/24/2019A-10Settlement of SAFEs3.02 1.36 3,445,914 — 
6/24/2019A-11Settlement of Note1.78 1.36 4,326,513 — 
6/26/2019ACash3.18 1.36 9,443,212 — 
7/15/2019ACash3.18 1.36 157,382 — 
8/24/2020 to 10/22/2020XCash9.96 10.33 18,457,230 6,757,000 
$12,039,000