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Capitalization (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2022
Dec. 31, 2021
Capitalization [Abstract]    
Temporary Equity

The following table summarizes Legacy Forge’s convertible preferred stock as of December 31, 2021 (in thousands, except for share data):

As of December 31, 2021

Number

Number

Carrying

Aggregate

Original

of Shares

of Shares

Value Net of

Liquidation

Series Name

    

Issuance Price

    

Authorized

    

Outstanding

    

Issuance Costs

    

Preference

Series AA

$

0.9867

3,482,030

3,482,030

$

3,435

$

3,435

Series B

$

3.4132

20,660,715

20,660,715

70,045

70,519

Series B-1

$

3.9760

49,809,148

42,133,496

150,553

167,523

Series B-2

$

3.9760

 

2,515,083

 

412,623

 

1,640

 

1,640

Junior

$

3.9760

 

10,348,216

 

7,225,285

 

20,383

 

28,728

Total

 

 

86,815,192

73,914,149

$

246,056

$

271,845

    

As of December 31, 2021

Original

Number of

Number of

Carrying

Aggregate

Issuance

Shares

Shares

Value Net of

Liquidation

Series Name

Price

    

Authorized

    

Outstanding

    

Issuance Costs

    

Preference

Series AA

$

3.0817

1,114,988

1,114,988

$

3,435

$

3,435

Series B

$

10.6592

 

6,615,809

 

6,615,809

 

70,045

 

70,519

Series B-1

$

12.4168

 

15,949,487

 

13,491,651

 

150,553

 

167,523

Series B-2

$

12.4168

805,360

132,127

1,640

1,640

Junior

$

12.4168

 

3,313,623

 

2,313,623

 

20,383

 

28,728

Total

 

27,799,267

23,668,198

$

246,056

$

271,845

As of December 31, 2020

Original

Number of

Number of

Carrying

Aggregate

Issuance

Shares

Shares

Value Net of

Liquidation

Series Name

    

Price

    

Authorized

    

Outstanding

    

Issuance Costs

    

Preference

Series AA

$

3.0817

 

1,114,988

 

1,114,988

$

3,435

$

3,435

Series B

$

10.6592

 

6,615,809

 

6,615,809

 

70,045

 

70,519

Series B-1

$

12.4168

 

10,435,129

 

5,672,925

62,985

70,440

Junior

$

12.4168

4,354,089

2,313,623

20,383

28,728

Total

 

22,520,015

15,717,345

$

156,848

$

173,122