| Schedule of Common Stock Available for Issuance |
As of December 31, 2023, the number of shares of Class A Common Stock available for issuance under the Company’s amended and restated articles of incorporation were as follows:
|
Authorized number of shares of Class A Common Stock
|
|
285,000,000 |
|
Class A Common Stock outstanding
|
|
23,544,492 |
|
Reserve for conversion of Class B Common Stock
|
|
2,254,901 |
|
Reserve for exercise of the Public Warrants and Private Warrants
|
|
9,000,000 |
|
Reserve for exercise of other common stock warrants outstanding or issuable
|
|
3,295,020 |
|
Shares issuable under PIPE make-whole provision
|
|
1,052,030 |
|
Reserve for earnout shares
|
|
3,500,000 |
|
Stock options and RSUs outstanding
|
|
9,513,647 |
|
Awards available for grant under 2023 Equity Incentive Plan
|
|
2,290,183 |
|
Awards available for grant under 2023 Employee Stock Purchase Plan
|
|
858,935 |
|
Common stock available for issuance
|
|
229,690,792 |
|
As of September 30, 2023, the number of shares of common stock available for issuance under the Company’s amended and restated articles of incorporation were as follows:
|
Authorized number of shares of common stock
|
|
57,400,000 |
|
Common stock outstanding
|
|
16,692,175 |
|
Reserve for conversion of Founders Redeemable Convertible Preferred Stock
|
|
600,000 |
|
Reserve for conversion of Series A Redeemable Convertible Preferred Stock
|
|
2,000,000 |
|
Reserve for exercise of common stock warrants
|
|
700,388 |
|
Stock options and RSUs outstanding under equity incentive plans
|
|
6,115,178 |
|
Awards available for grant under equity incentive plans
|
|
12,068,156 |
|
Common stock available for issuance
|
|
19,224,103 |
|
| Schedule of Company’s Redeemable Convertible Preferred Stock Outstanding |
|
The numbers of shares of the Company’s redeemable convertible preferred stock outstanding and the related conversion prices and liquidation preferences as of September 30, 2023 are as follows:
|
|
|
Shares
Authorized
|
|
Shares
Issued and
Outstanding
|
|
Issuance
Price
Per Share
|
|
Per Share
Conversion
Price
|
|
Aggregate
Liquidation
Preference
|
|
Carrying
Value
|
|
Founders Redeemable Convertible Preferred Stock
|
|
600,000 |
|
588,235 |
|
$
|
0.00001 |
|
$
|
0.00001 |
|
$
|
—
|
|
$
|
—
|
|
Series A Redeemable Convertible Preferred Stock
|
|
2,000,000 |
|
1,666,666 |
|
$
|
1.38 |
|
$
|
1.38 |
|
|
2,300 |
|
|
2,300 |
|
Total
|
|
2,600,000 |
|
2,254,901 |
|
|
|
|
|
|
|
$
|
2,300 |
|
$
|
2,300 |
|