v3.26.1
Convertible Preferred Stock And Convertible Preference Shares (Tables)
3 Months Ended
Mar. 31, 2026
Convertible Preferred Stock And Convertible Preference Shares [Abstract]  
Summary of Convertible Preferred Stock And Convertible Preference Shares
As of March 31, 2026 and December 31, 2025, the convertible preferred stock and convertible preference shares consisted of the following (in thousands, except share data):
 
 
  
March 31, 2026
 
 
  
Preferred
Stock
Authorized
 
  
Preferred
Stock Issued
and
Outstanding
 
  
Carrying
Value
 
  
Liquidation
Preference
 
  
Common
Stock Issuable
Upon
Conversion
 
Series Seed
  
 
23,343
 
  
 
23,343
 
  
$
5,236
 
  
$
3,126
 
  
 
513,546
 
Series A
  
 
225,866
 
  
 
225,866
 
  
 
63,536
 
  
 
53,392
 
  
 
4,969,052
 
Series B
  
 
442,205
 
  
 
442,205
 
  
 
134,975
 
  
 
135,248
 
  
 
9,728,510
 
Series C
  
 
512,991
 
  
 
512,991
 
  
 
156,421
 
  
 
156,898
 
  
 
11,285,802
 
  
 
 
    
 
 
    
 
 
    
 
 
    
 
 
 
  
 
1,204,405
 
  
 
1,204,405
 
  
$
360,068
 
  
$
348,664
 
  
 
26,496,910
 
  
 
 
    
 
 
    
 
 
    
 
 
    
 
 
 
 
 
  
December 31, 2025
 
 
  
Preference
Shares
Authorized
 
  
Preference
Shares Issued
and
Outstanding
 
  
Carrying
Value
 
  
Liquidation
Preference
 
  
Ordinary
Shares
Issuable Upon
Conversion
 
Series Seed
  
 
23,343
 
  
 
23,343
 
  
$
5,236
 
  
$
2,939
 
  
 
513,546
 
Series A
  
 
225,866
 
  
 
225,866
 
  
 
63,536
 
  
 
54,528
 
  
 
4,969,052
 
Series B
  
 
442,205
 
  
 
442,205
 
  
 
134,975
 
  
 
135,248
 
  
 
9,728,510
 
Series C
  
 
512,991
 
  
 
512,991
 
  
 
156,421
 
  
 
156,898
 
  
 
11,285,802
 
  
 
 
    
 
 
    
 
 
    
 
 
    
 
 
 
  
 
1,204,405
 
  
 
1,204,405
 
  
$
360,068
 
  
$
349,613
 
  
 
26,496,910