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Redeemable Convertible Preferred Stock
12 Months Ended
Dec. 31, 2025
Temporary Equity Disclosure [Abstract]  
Redeemable Convertible Preferred Stock Redeemable Convertible Preferred Stock
From December 2020 through March 2023, the Company issued 81,790,144 shares of Series Seed preferred stock, net of authorized share reduction. In 2023, the Company issued 105,595,101 shares of Series B preferred stock. The Company additionally issued 119,599,872 shares of Series C preferred stock. All preferred shares were converted to common shares on September 13, 2024. Until they were converted to common shares on September 13, 2024, the Preferred Stock had certain customary rights, preferences, and privileges, including conversion rights.

Conversion Rights

The holders of the Preferred Stock had rights to convert the shares of Preferred Stock into shares of Common Stock at the applicable original issue price with a conversion ratio of 9.2435:1. All outstanding shares of the Preferred Stock were converted automatically into 33,210,876 shares of Common Stock immediately prior to the closing of the sale of shares of Common Stock to the public on September 13, 2024.