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Redeemable Convertible Preferred Stock
12 Months Ended
Dec. 31, 2021
Temporary Equity Disclosure [Abstract]  
Redeemable Convertible Preferred Stock Redeemable Convertible Preferred Stock
There were no shares of Redeemable Convertible Preferred Stock outstanding as of December 31, 2021. Redeemable Convertible Preferred Stock as of December 31, 2020 consisted of the following (in thousands, except share data):
Redeemable Convertible Preferred StockShares AuthorizedShares Issued and OutstandingAmountAggregate Liquidation Preference
Series A-155,399,943 55,399,943 $51,811 $55,000 
Series A-264,718,940 49,700,364 46,480 49,342 
Series B41,937,960 41,937,960 118,824 204,302 
Series C24,497,317 24,496,946 117,324 121,397 
Total Redeemable Convertible Preferred Stock186,554,160 171,535,213 $334,439 $430,041 
Prior to the completion of the Business Combination, there were no significant changes to the terms of the Convertible Preferred Stock. Upon closing of the Merger, each share Preferred Stock (as defined in the Proxy Statement) was cancelled and received a portion of the merger consideration, resulting in certain Legacy Sema4 preferred stockholders receiving $230.0 million of cash and an aggregate of 148,543,062 shares of common stock. The Company recorded the conversion at the carrying value of the Redeemable Convertible Preferred Stock at the time of Closing.