| Schedule of Redeemable Convertible Preferred Stock |
Redeemable convertible preferred stock (“Preferred Stock”) outstanding as of December 31, 2024 consisted of the following (in thousands, except share amounts):
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Preferred Stock |
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Authorized
Shares |
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Issued and
Outstanding
Shares |
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Net Value |
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Liquidation Preference |
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Series Seed - 1 |
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3,078,601 |
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3,078,601 |
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$ |
1,057 |
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$ |
1,057 |
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Series Seed - 2 |
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493,325 |
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493,325 |
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250 |
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206 |
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Series A-1 |
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975,463 |
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975,463 |
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903 |
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808 |
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Series A-2 |
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7,112,809 |
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7,112,809 |
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7,362 |
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7,362 |
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Series B |
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11,500,586 |
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11,500,586 |
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24,930 |
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26,000 |
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Series C |
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10,253,027 |
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10,253,027 |
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74,711 |
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75,000 |
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Series C-1 |
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2,258,620 |
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2,258,620 |
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15,856 |
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15,282 |
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Series D |
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7,354,666 |
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7,314,041 |
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326,457 |
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319,763 |
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Series E |
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5,163,674 |
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5,163,674 |
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399,746 |
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400,000 |
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48,190,771 |
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48,150,146 |
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$ |
851,272 |
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$ |
845,478 |
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Preferred stock outstanding as of June 30, 2025 consisted of the following (in thousands, except share amounts):
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Preferred Stock |
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Authorized
Shares |
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Issued and
Outstanding
Shares |
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Net Value |
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Liquidation Preference |
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Series E |
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4,330,341 |
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2,581,837 |
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$ |
199,874 |
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$ |
200,000 |
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4,330,341 |
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2,581,837 |
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$ |
199,874 |
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$ |
200,000 |
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