Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Convertible preferred shares and shareholders??? (deficit) equity (Tables)

v3.22.1
Convertible preferred shares and shareholders’ (deficit) equity (Tables)
12 Months Ended
Dec. 31, 2021
Equity [Abstract]  
Schedule of shares authorized, issued and outstanding
The Company’s authorized, issued and outstanding convertible Preferred Shares and Ordinary Shares capital as of December 31, 2020 and 2021 consisted of the following:
December 31, 2020
Number
of Shares Authorized
Number of Shares Issued Number of Shares Issued and Outstanding Par
Value
Carrying
Value
Liquidation
Preference
Ordinary Shares,
NIS 0.01 par value
79,176,826  15,328,449  15,326,281  $ 42  $ —  $ — 
Preferred A-1 Shares,
NIS 0.01 par value
2,500,000  2,500,000  2,500,000  94  150 
Preferred A-2 Shares,
NIS 0.01 par value
5,051,000  5,051,000  5,051,000  13  364  545 
Preferred A-3 Shares,
NIS 0.01 par value
3,929,000  3,929,000  3,929,000  10  422  790 
Preferred A-4 Shares,
NIS 0.01 par value
6,599,000  6,599,000  6,599,000  17  1,815  2,722 
Preferred A-5 Shares,
NIS 0.01 par value
1,247,000  1,247,000  1,247,000  150  224 
Preferred A-6 Shares,
NIS 0.01 par value
465,000  465,000  465,000  93  140 
Preferred A-7 Shares,
NIS 0.01 par value
4,672,000  4,672,000  4,672,000  12  3,387  5,081 
Preferred A-8 Shares,
NIS 0.01 par value
5,267,000  5,267,000  5,267,000  14  7,990  11,985 
Preferred A-9 Shares,
NIS 0.01 par value
4,601,230  4,601,230  4,601,230  12  15,000  22,500 
Preferred A-10 Shares,
NIS 0.01 par value
3,151,596  3,151,596  3,151,596  20,000  30,000 
Preferred B Shares,
NIS 0.01 par value
8,303,888  8,303,888  8,303,888  24  46,710  62,346 
Preferred C Shares,
NIS 0.01 par value
6,090,506  4,870,328  4,870,328  15  39,785  66,000 
Total Shares 131,054,046  65,985,491  65,983,323  $ 178  $ 135,810  $ 202,483 
December 31, 2021
Number
of Shares Authorized
Number of Shares Issued Number of Shares Issued and Outstanding Par
Value
Carrying
Value
Liquidation
Preference
Ordinary Shares,
NIS 0.01 par value
500,000,000  74,847,609  74,845,441  $ 205  $ —  $ — 
Total Shares 500,000,000  74,847,609  74,845,441  $ 205  $ —  $ — 
Schedule of shares authorized, issued and outstanding
The Company’s authorized, issued and outstanding convertible Preferred Shares and Ordinary Shares capital as of December 31, 2020 and 2021 consisted of the following:
December 31, 2020
Number
of Shares Authorized
Number of Shares Issued Number of Shares Issued and Outstanding Par
Value
Carrying
Value
Liquidation
Preference
Ordinary Shares,
NIS 0.01 par value
79,176,826  15,328,449  15,326,281  $ 42  $ —  $ — 
Preferred A-1 Shares,
NIS 0.01 par value
2,500,000  2,500,000  2,500,000  94  150 
Preferred A-2 Shares,
NIS 0.01 par value
5,051,000  5,051,000  5,051,000  13  364  545 
Preferred A-3 Shares,
NIS 0.01 par value
3,929,000  3,929,000  3,929,000  10  422  790 
Preferred A-4 Shares,
NIS 0.01 par value
6,599,000  6,599,000  6,599,000  17  1,815  2,722 
Preferred A-5 Shares,
NIS 0.01 par value
1,247,000  1,247,000  1,247,000  150  224 
Preferred A-6 Shares,
NIS 0.01 par value
465,000  465,000  465,000  93  140 
Preferred A-7 Shares,
NIS 0.01 par value
4,672,000  4,672,000  4,672,000  12  3,387  5,081 
Preferred A-8 Shares,
NIS 0.01 par value
5,267,000  5,267,000  5,267,000  14  7,990  11,985 
Preferred A-9 Shares,
NIS 0.01 par value
4,601,230  4,601,230  4,601,230  12  15,000  22,500 
Preferred A-10 Shares,
NIS 0.01 par value
3,151,596  3,151,596  3,151,596  20,000  30,000 
Preferred B Shares,
NIS 0.01 par value
8,303,888  8,303,888  8,303,888  24  46,710  62,346 
Preferred C Shares,
NIS 0.01 par value
6,090,506  4,870,328  4,870,328  15  39,785  66,000 
Total Shares 131,054,046  65,985,491  65,983,323  $ 178  $ 135,810  $ 202,483 
December 31, 2021
Number
of Shares Authorized
Number of Shares Issued Number of Shares Issued and Outstanding Par
Value
Carrying
Value
Liquidation
Preference
Ordinary Shares,
NIS 0.01 par value
500,000,000  74,847,609  74,845,441  $ 205  $ —  $ — 
Total Shares 500,000,000  74,847,609  74,845,441  $ 205  $ —  $ —