Member Units	12 Months Ended
Dec. 31, 2021
Member Units
Member Units	9. Member Units Prior to the Reorganization, all interests of members in distributions and other amounts were represented by their units of membership in the Company as specified in its LLC Agreement. There were two classes of units, capital units and incentive units. Capital units were comprised of common units and preferred units, which represented a capital interest in the Company, while incentive units represented profits interests within the meaning of IRS Revenue Procedures 93-27 and 2001-43. The various classes of capital units are described below. Common Units As part of the Reorganization in June 2020, all common units were converted to common stock. As a result, as of December 31, 2021 and 2020, there were no outstanding common units. Preferred Units Prior to the Reorganization in June 2020, the Company had sold Series A, A‑1, and B preferred units, including a tranche of 7,905,138 Series B Convertible Preferred Units issued in February 2020 that resulted in proceeds of $10.0 million net of issuance costs, which were collectively considered the preferred units. As part of the Reorganization in June 2020, all preferred units were converted to preferred stock. As a result, as of December 31, 2021 and 2020, there were no outstanding preferred units.

Member Units

12 Months Ended

Dec. 31, 2021

9. Member Units

Prior to the Reorganization, all interests of members in distributions and other amounts were represented by their units of membership in the Company as specified in its LLC Agreement. There were two classes of units, capital units and incentive units. Capital units were comprised of common units and preferred units, which represented a capital interest in the Company, while incentive units represented profits interests within the meaning of IRS Revenue Procedures 93-27 and 2001-43. The various classes of capital units are described below.

Common Units

As part of the Reorganization in June 2020, all common units were converted to common stock. As a result, as of December 31, 2021 and 2020, there were no outstanding common units.

Preferred Units

Prior to the Reorganization in June 2020, the Company had sold Series A, A‑1, and B preferred units, including a tranche of 7,905,138 Series B Convertible Preferred Units issued in February 2020 that resulted in proceeds of $10.0 million net of issuance costs, which were collectively considered the preferred units. As part of the Reorganization in June 2020, all preferred units were converted to preferred stock. As a result, as of December 31, 2021 and 2020, there were no outstanding preferred units.