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Redeemable Convertible Preferred Stock and Stockholders’ Deficit (Tables)
9 Months Ended
Sep. 30, 2018
Stockholders Equity Note [Abstract]  
Summary of Authorized, Issued, and Outstanding Shares of Preferred Stock and Carrying Amounts and Liquidation Values

As of September 30, 2018, the authorized, issued, and outstanding shares of Preferred Stock and their carrying amounts and liquidation values were as follows:

 

 

 

 

 

 

 

Shares Issued

 

 

 

 

 

 

 

 

 

 

 

Shares

 

 

and

 

 

Carrying

 

 

Liquidation

 

 

 

Authorized

 

 

Outstanding

 

 

Amount

 

 

Value

 

Series 1

 

 

132,255

 

 

 

132,255

 

 

$

523,838

 

 

$

526,778

 

Series 2

 

 

1

 

 

 

1

 

 

 

243,640

 

 

 

250,000

 

Series AA

 

 

575,470

 

 

 

573,961

 

 

 

7,617,120

 

 

 

7,619,998

 

Series B

 

 

6,382,259

 

 

 

6,251,502

 

 

 

60,371,358

 

 

 

60,379,282

 

Series C-1

 

 

4,524,375

 

 

 

2,319,228

 

 

 

22,140,786

 

 

 

22,401,423

 

Series C-2

 

 

916,095

 

 

 

 

 

 

 

 

 

 

Series C-3

 

 

790,895

 

 

 

 

 

 

 

 

 

 

Series D

 

 

4,971,346

 

 

 

3,923,168

 

 

 

34,712,552

 

 

 

37,893,880

 

Total

 

 

18,292,696

 

 

$

13,200,115

 

 

$

125,609,295

 

 

$

129,071,361

 

 

As of December 31, 2017, the authorized, issued, and outstanding shares of Preferred Stock and their carrying amounts and liquidation values were as follows:

 

 

 

 

 

 

 

Shares Issued

 

 

 

 

 

 

 

 

 

 

 

Shares

 

 

and

 

 

Carrying

 

 

Liquidation

 

 

 

Authorized

 

 

Outstanding

 

 

Amount

 

 

Value

 

Series 1

 

 

132,255

 

 

 

132,255

 

 

$

522,266

 

 

$

526,778

 

Series 2

 

 

1

 

 

 

1

 

 

 

240,242

 

 

 

250,000

 

Series AA

 

 

575,470

 

 

 

573,961

 

 

 

7,615,583

 

 

 

7,619,998

 

Series B

 

 

6,382,259

 

 

 

6,251,502

 

 

 

60,366,480

 

 

 

60,379,282

 

Series C-1

 

 

4,524,375

 

 

 

2,174,280

 

 

 

20,888,972

 

 

 

20,999,997

 

Series C-2

 

 

916,095

 

 

 

 

 

 

 

 

 

 

Series C-3

 

 

790,895

 

 

 

 

 

 

 

 

 

 

Series D

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

13,321,350

 

 

 

9,131,999

 

 

$

89,633,543

 

 

$

89,776,055

 

Summary of Common Stock Reserved for Future Issuance

Common Stock Reserved for Future Issuance

 

 

 

Number of Shares as of

 

 

 

September 30, 2018

 

 

December 31, 2017

 

Conversion of redeemable convertible preferred stock

 

 

13,200,115

 

 

 

9,131,999

 

Redeemable convertible preferred stock warrants

 

 

708,484

 

 

 

486,356

 

Stock options issued and outstanding

 

 

1,315,625

 

 

 

1,075,209

 

Authorized for future options

 

 

37,830

 

 

 

45,062

 

 

 

 

15,262,054

 

 

 

10,738,626