v3.26.1
Redeemable Convertible Preferred Stock and Equity (Tables)
12 Months Ended
Dec. 31, 2025
Equity [Abstract]  
Schedule of Redeemable Convertible Preferred Stock As of December 31, 2024, the Company's redeemable convertible preferred stock consisted of the following (in thousands, except per share data):

 

 

 

 

 

As of December 31, 2024

 

 

 

Issuance
Start Date

 

Shares Authorized
(1)

 

 

Shares Issued and Outstanding
(2)

 

 

Issuance Price Per Share
(1)

 

 

Net
Carrying
Value

 

 

Liquidation Preference

 

Series Seed

 

11/21/2017

 

 

295

 

 

 

295

 

 

$

1.50

 

 

$

435

 

 

$

443

 

Series A

 

11/21/2018

 

 

3,655

 

 

 

3,655

 

 

$

2.30

 

 

 

6,179

 

 

 

8,407

 

Series B

 

5/3/2022

 

 

301

 

 

 

301

 

 

$

3.00

 

 

 

580

 

 

 

903

 

Series C

 

8/29/2023

 

 

75,000

 

 

 

73,820

 

 

$

1.50

 

 

 

107,065

 

 

 

110,731

 

 

 

 

 

79,251

 

 

 

78,071

 

 

 

 

 

$

114,259

 

 

$

120,484

 

(1) Shares authorized, shares issued and outstanding and price per share are not adjusted for the reverse stock split detailed in Note 1 Business Overview.

Schedule of Warrants Outstanding

Warrants outstanding as of December 31, 2025 and 2024 are as follows:

 

 

 

As of December 31,

 

 

 

2025

 

 

2024

 

Class A Warrants

 

 

24,687

 

 

 

24,919

 

Class B Warrants

 

 

31,373

 

 

 

31,605

 

Series B-1 Warrants

 

 

2,557

 

 

 

2,557

 

New Series B Warrants

 

 

3,509

 

 

 

3,509

 

Placement agent warrants

 

 

54,813

 

 

 

54,813

 

Total warrants outstanding

 

 

116,939

 

 

 

117,403