Redeemable Convertible Preferred Stock and Stockholders’ Equity |
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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:
Preferred Stock As of March 31, 2025, 50,000 preferred shares were authorized and no shares were outstanding.
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