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Common Stock and Convertible Preferred Stock (Tables)
12 Months Ended
Dec. 31, 2023
Equity [Abstract]  
Schedule of Shares of Common Stock Reserved for Future Issuance

Shares of Common Stock reserved for future issuance were as follows:

 

 

 

As of December 31, 2023

 

Stock options issued and outstanding

 

 

4,872,527

 

Restricted stock units issued and outstanding

 

 

872,037

 

Shares available for potential conversion of L1 Convertible Note

 

 

5,305,437

 

Shares available for fSight Contingent Shares

 

 

252,288

 

Shares available for grant under 2023 Equity Incentive Plan

 

 

4,769,377

 

 

 

 

16,071,666

 

 

Schedule of Convertible Preferred Stock

At December 31, 2022, convertible preferred stock consisted of the following. The Company has retroactively adjusted the shares issued and outstanding to reflect the exchange ratio of 0.233335 as described in Note 3.

 

(in thousands, except for share data)

 

Shares
Authorized

 

 

Shares
Issued and
Outstanding

 

 

Carrying
Value

 

 

Aggregate
Liquidation
Preference

 

Series E

 

 

8,601,120

 

 

 

7,832,394

 

 

$

40,770

 

 

$

44,108

 

Series D

 

 

11,513,253

 

 

 

11,513,253

 

 

 

22,192

 

 

 

28,943

 

Series C-1

 

 

9,020,682

 

 

 

9,020,682

 

 

 

2,180

 

 

 

18,000

 

Series C

 

 

6,318,524

 

 

 

6,070,151

 

 

 

11,647

 

 

 

13,442

 

Series B-4

 

 

7,172,501

 

 

 

7,172,501

 

 

 

7,582

 

 

 

11,199

 

Series B-3

 

 

1,546,441

 

 

 

1,546,441

 

 

 

862

 

 

 

2,620

 

Series B-2

 

 

174,208

 

 

 

174,208

 

 

 

105

 

 

 

340

 

Series B-1

 

 

1,863,215

 

 

 

1,863,215

 

 

 

611

 

 

 

2,918

 

Series A-4

 

 

570,976

 

 

 

570,976

 

 

 

661

 

 

 

4,182

 

Series A-3

 

 

466,245

 

 

 

466,245

 

 

 

260

 

 

 

1,604

 

Series A-2

 

 

149,281

 

 

 

149,281

 

 

 

160

 

 

 

1,021

 

Series A-1

 

 

88,216

 

 

 

88,216

 

 

 

110

 

 

 

679

 

 

 

 

47,484,662

 

 

 

46,467,563

 

 

$

87,140

 

 

$

129,056