v3.25.1
Redeemable Convertible Preferred Stock and Stockholders’ Equity
3 Months Ended
Mar. 31, 2025
Equity [Abstract]  
Redeemable Convertible Preferred Stock and Stockholders’ Equity Stockholders’ Equity
Common Stock
As of March 31, 2025, the Company’s Twelfth Amended and Restated Certificate of Incorporation authorizes the issuance of up to 1,050,000 shares of common stock, par value of $0.0001 per share, of which 750,000 shares are designated Class A common stock, 150,000 shares are designated Class B common stock, and 150,000 shares are designated Class C common stock. Class A common stock receives one vote per share, Class B common stock receives ten votes per share, and Class C common stock has no voting rights except as required by Delaware law. Common stock is not redeemable at the option of the holder.
As of March 31, 2025, outstanding shares of common stock as well as shares of common stock attributable to equity awards are as follows:
Class AClass BClass C
Common stock outstanding104,375 16,904 — 
Stock options outstanding249 1,422 — 
Restricted stock units (“RSUs”) outstanding2,921 1,221 — 
Performance stock units (“PSUs”) outstanding— 4,633 — 
Employee stock plans – available36,003 — — 
Shares of Class A common stock issuable upon conversion of all outstanding Class B common stock, stock options, RSUs, and PSUs24,180 — — 
Total common stock – outstanding or issuable167,728 24,180 — 
Shares authorized
750,000 150,000 150,000 
Common stock authorized and available for future issuance
582,272 125,820 150,000 
Preferred Stock
As of March 31, 2025, 50,000 preferred shares were authorized and no shares were outstanding.