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Convertible Preferred Stock and Equity (Tables)
12 Months Ended
Dec. 31, 2021
Equity [Abstract]  
Summary of Temporary Equity

The original issuance price per share of Legacy SmartRent’s authorized, issued and outstanding preferred stock follows as of August 24, 2021.

Issue Date

 

Series

 

Shares
Authorized

 

 

Shares Issued
and
Outstanding

 

 

Original
Issue Price
per Share

 

 

Liquidation
Preference

 

March 2018

 

Seed

 

 

4,707

 

 

 

4,707

 

 

$

1.0000

 

 

$

4,707

 

September 2018

 

A

 

 

4,541

 

 

 

4,541

 

 

$

1.1011

 

 

 

5,000

 

May 2019

 

B-1

 

 

508

 

 

 

508

 

 

$

4.9767

 

 

 

2,527

 

May 2019

 

B

 

 

5,425

 

 

 

5,425

 

 

$

6.2209

 

 

 

33,750

 

March 2020

 

C-1

 

 

761

 

 

 

761

 

 

$

10.0223

 

 

 

7,624

 

March - May 2020;
 March 2021

 

C

 

 

8,874

 

 

 

8,874

 

 

$

10.4236

 

 

 

92,468

 

 

 

 

 

 

24,816

 

 

 

24,816

 

 

 

 

 

$

146,076

 

 

The original issuance price per share of the Company’s authorized, issued and outstanding preferred stock follows as of December 31, 2020.

 

Issue Date

 

Series

 

Shares
Authorized

 

 

Shares Issued
and
Outstanding

 

 

Original
Issue Price
per Share

 

 

Liquidation
Preference

 

March 2018

 

Seed

 

 

4,707

 

 

 

4,707

 

 

$

1.0000

 

 

$

4,707

 

September 2018

 

A

 

 

4,541

 

 

 

4,541

 

 

$

1.1011

 

 

 

5,000

 

May 2019

 

B-1

 

 

508

 

 

 

508

 

 

$

4.9767

 

 

 

2,527

 

May 2019

 

B

 

 

5,425

 

 

 

5,425

 

 

$

6.2209

 

 

 

33,750

 

March 2020

 

C-1

 

 

761

 

 

 

761

 

 

$

10.0223

 

 

 

7,624

 

March - May 2020

 

C

 

 

5,756

 

 

 

5,516

 

 

$

10.4236

 

 

 

57,500

 

 

 

 

 

 

21,698

 

 

 

21,458

 

 

 

 

 

$

111,108