Quarterly report pursuant to Section 13 or 15(d)

Redeemable Convertible Preferred Stock

v3.10.0.1
Redeemable Convertible Preferred Stock
6 Months Ended
Jun. 30, 2018
Temporary Equity Disclosure [Abstract]  
Redeemable Convertible Preferred Stock

5. Redeemable Convertible Preferred Stock

Redeemable convertible preferred stock as of December 31, 2017 consisted of the following (in thousands, except share amounts):

 

Redeemable Convertible Preferred Stock

 

Shares Authorized

 

 

Shares Issued and Outstanding

 

 

Net Proceeds After Issuance Costs

 

 

Liquidation Preference

 

Series A

 

 

33,533,240

 

 

 

5,966,753

 

 

$

28,176

 

 

$

28,369

 

Series B

 

 

42,000,000

 

 

 

6,296,373

 

 

 

49,755

 

 

 

50,000

 

Total

 

 

75,533,240

 

 

 

12,263,126

 

 

$

77,931

 

 

$

78,369

 

In connection with the completion of the Company’s IPO in June 2018, all outstanding shares of convertible preferred stock converted into 12,263,126 shares of common stock.