Markforged Holding Corporation General form of registration statement for all companies including face-amount certificate companies

Convertible Preferred Stock, Common Stock and Stockholders' Deficit (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2021

Dec. 31, 2020

The following table summarizes details of convertible preferred stock authorized, issued and outstanding as of June 30, 2021 and December 31, 2020:


	June 30, 2021
(in thousands, except for share counts)	Shares Authorized		Shares Issued and Outstanding		Issuance Price Per Share		Net Carrying Value		Liquidation Preference
Series Seed		18,233,848		17,918,211	$	0.0618	$	1,107	$	1,107
Series A		28,725,920		28,725,920		0.2959		8,437		8,500
Series B		34,391,480		34,391,480		0.4414		15,096		15,180
Series C		14,468,290		14,468,290		2.0735		29,881		30,000
Series D		17,599,646		17,579,656		4.7523		83,431		83,544

Total convertible preferred stock		113,419,184		113,083,557			$	137,952	$	138,331


	December 31, 2020
(in thousands, except for share counts)	Shares Authorized		Shares Issued and Outstanding		Issuance Price Per Share		Net Carrying Value		Liquidation Preference
Series Seed		18,233,848		17,918,211	$	0.0618	$	1,107	$	1,107
Series A		28,725,920		28,725,920		0.2959		8,437		8,500
Series B		34,391,480		34,391,480		0.4414		15,096		15,180
Series C		14,468,290		14,468,290		2.0735		29,881		30,000
Series D		17,599,646		17,483,909		4.7523		82,976		83,089

Total convertible preferred stock		113,419,184		112,987,810			$	137,497	$	137,876

The following table summarizes details of convertible preferred stock authorized, issued and outstanding as of December 31, 2020 and 2019:


	December 31, 2020
			Share Issued		Issuance		Net
(in thousands, except for share counts)	Shares Authorized		and Outstanding		Price Per Share		Carrying Value		Liquidation Preference
Series Seed		18,233,848		17,918,211	$	0.0618	$	1,107	$	1,107
Series A		28,725,920		28,725,920		0.2959		8,437		8,500
Series B		34,391,480		34,391,480		0.4414		15,096		15,180
Series C		14,468,290		14,468,290		2.0735		29,881		30,000
Series D		17,599,646		17,483,909		4.7523		82,976		83,089

Total convertible preferred stock		113,419,184		112,987,810			$	137,497	$	137,876


	December 31, 2019
			Share Issued		Issuance		Net
(in thousands, except for share counts)	Shares Authorized		and Outstanding		Price Per Share		Carrying Value		Liquidation Preference
Series Seed		18,233,848		17,918,211	$	0.0618	$	1,107	$	1,107
Series A		28,725,920		28,725,920		0.2959		8,437		8,500
Series B		34,391,480		34,391,480		0.4414		15,096		15,180
Series C		14,468,290		14,468,290		2.0735		29,881		30,000
Series D		17,599,646		17,336,616		4.7523		82,276		82,389

Total convertible preferred stock		113,419,184		112,840,517			$	136,797	$	137,176

The Company has reserved the following shares of common stock for future issuance:


	June 30, 2021		December 31, 2020
Common stock options outstanding		18,399,068		19,420,305
Shares available for issuance under the plan		3,322,966		4,649,322
Convertible preferred stock outstanding		113,083,557		112,987,810
Warrants to purchase Series D convertible preferred stock		19,990		115,737
Common stock warrants outstanding		—		190,000

Total shares of authorized common stock reserved for future issuance		134,825,581		137,363,174

The Company has reserved the following shares of common stock for future issuance:


	December 31,
	2020		2019
Common stock options outstanding		19,420,305		13,162,473
Shares available for issuance under the plan		4,649,322		2,823,610
Convertible preferred stock outstanding		112,987,810		112,840,517
Warrants to purchase Series D convertible preferred stock		115,737		263,030
Common stock warrants outstanding		190,000		190,000

Total shares of authorized common stock reserved for future issuance		137,363,174		129,279,630