; ForgeRock, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF REDEEMABLE CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS' EQUITY (DEFICIT)

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CONDENSED CONSOLIDATED STATEMENTS OF REDEEMABLE CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS' EQUITY (DEFICIT) - USD ($)
$ in Thousands
Total
Class A and Class B common stock and Common stock
Additional paid-in capital
Accumulated other comprehensive income
Accumulated deficit
Beginning balance (in shares) at Dec. 31, 2020 40,842,619        
Beginning balance at Dec. 31, 2020 $ 231,503        
Increase (Decrease) in Temporary Equity [Roll Forward]          
Conversion of redeemable convertible preferred stock into Class B common stock in connection with initial public offering (in shares) (42,778,408)        
Conversion of redeemable convertible preferred stock into Class B common stock in connection with initial public offering $ (263,178)        
Series E-1 redeemable convertible preferred stock issuance, net of issuance costs (in shares) 1,935,789        
Series E-1 redeemable convertible preferred stock issuance, net of issuance costs $ 19,951        
Reclassification of preferred stock tranche option liability upon issuance of Series E-1 redeemable convertible preferred stock $ 11,724        
Ending balance (in shares) at Sep. 30, 2021 0        
Ending balance at Sep. 30, 2021 $ 0        
Beginning balance (in shares) at Dec. 31, 2020   24,185,622      
Beginning balance at Dec. 31, 2020 (190,178) $ 24 $ 20,602 $ 5,253 $ (216,057)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stock-based compensation expense 6,396   6,396    
Conversion of redeemable convertible preferred stock into Class B common stock in connection with initial public offering (in shares)   42,778,408      
Conversion of redeemable convertible preferred stock into Class B common stock in connection with initial public offering 263,178 $ 43 263,135    
Issuance of common stock upon initial public offering net of underwriting discounts, commissions and issuance costs (in shares)   12,650,000      
Issuance of common stock upon initial public offering net of underwriting discounts, commissions and issuance costs 289,320 $ 13 289,307    
Issuance of common stock upon exercise of warrants (in shares)   344,085      
Issuance of common stock upon exercise of warrants 8,273 $ 1 8,272    
Common stock issued upon vesting of restricted stock units, net of tax withholding (in shares)   179,763      
Common stock issued upon vesting of restricted stock units, net of tax withholding (3,528)   (3,528)    
Exercise of common stock options (in shares)   1,563,932      
Issuance of common stock for stock plans, net 3,188 $ 1 3,187    
Unrealized gain (loss) on available-for-sale securities 24     24  
Foreign currency translation adjustment 2,045     2,045  
Net loss (35,410)       (35,410)
Ending balance (in shares) at Sep. 30, 2021   81,701,810      
Ending balance at Sep. 30, 2021 $ 343,308 $ 82 587,371 7,322 (251,467)
Beginning balance (in shares) at Jun. 30, 2021 42,778,408        
Beginning balance at Jun. 30, 2021 $ 263,178        
Increase (Decrease) in Temporary Equity [Roll Forward]          
Conversion of redeemable convertible preferred stock into Class B common stock in connection with initial public offering (in shares) (42,778,408)        
Conversion of redeemable convertible preferred stock into Class B common stock in connection with initial public offering $ (263,178)        
Ending balance (in shares) at Sep. 30, 2021 0        
Ending balance at Sep. 30, 2021 $ 0        
Beginning balance (in shares) at Jun. 30, 2021   25,421,137      
Beginning balance at Jun. 30, 2021 (205,320) $ 25 26,358 4,498 (236,201)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stock-based compensation expense 3,109   3,109    
Conversion of redeemable convertible preferred stock into Class B common stock in connection with initial public offering (in shares)   42,778,408      
Conversion of redeemable convertible preferred stock into Class B common stock in connection with initial public offering 263,178 $ 43 263,135    
Issuance of common stock upon initial public offering net of underwriting discounts, commissions and issuance costs (in shares)   12,650,000      
Issuance of common stock upon initial public offering net of underwriting discounts, commissions and issuance costs 289,320 $ 13 289,307    
Issuance of common stock upon exercise of warrants (in shares)   344,085      
Issuance of common stock upon exercise of warrants 8,273 $ 1 8,272    
Common stock issued upon vesting of restricted stock units, net of tax withholding (in shares)   179,763      
Common stock issued upon vesting of restricted stock units, net of tax withholding (3,528)   (3,528)    
Exercise of common stock options (in shares)   328,417      
Issuance of common stock for stock plans, net 718   718    
Unrealized gain (loss) on available-for-sale securities 20     20  
Foreign currency translation adjustment 2,804     2,804  
Net loss (15,266)       (15,266)
Ending balance (in shares) at Sep. 30, 2021   81,701,810      
Ending balance at Sep. 30, 2021 $ 343,308 $ 82 587,371 7,322 (251,467)
Beginning balance (in shares) at Dec. 31, 2021 0        
Beginning balance at Dec. 31, 2021 $ 0        
Ending balance (in shares) at Sep. 30, 2022 0        
Ending balance at Sep. 30, 2022 $ 0        
Beginning balance (in shares) at Dec. 31, 2021   82,648,825      
Beginning balance at Dec. 31, 2021 336,126 $ 83 593,196 6,672 (263,825)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stock-based compensation expense 22,155   22,155    
Issuance of common stock for stock plans, net (in shares)   2,289,458      
Issuance of common stock for stock plans, net $ 3,948 $ 2 3,946    
Exercise of common stock options (in shares) 2,249,237        
Issuance of common stock under employee stock purchase plan (in shares)   292,531      
Issuance of common stock under employee stock purchase plan $ 4,374   4,374    
Unrealized gain (loss) on available-for-sale securities (2,174)     (2,174)  
Foreign currency translation adjustment (2,885)     (2,885)  
Net loss (49,778)       (49,778)
Ending balance (in shares) at Sep. 30, 2022   85,230,814      
Ending balance at Sep. 30, 2022 $ 311,766 $ 85 623,671 1,613 (313,603)
Beginning balance (in shares) at Jun. 30, 2022 0        
Beginning balance at Jun. 30, 2022 $ 0        
Ending balance (in shares) at Sep. 30, 2022 0        
Ending balance at Sep. 30, 2022 $ 0        
Beginning balance (in shares) at Jun. 30, 2022   84,998,350      
Beginning balance at Jun. 30, 2022 315,801 $ 85 615,321 3,060 (302,665)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stock-based compensation expense 7,725   7,725    
Issuance of common stock for stock plans, net (in shares)   232,464      
Issuance of common stock for stock plans, net 625   625    
Unrealized gain (loss) on available-for-sale securities (7)     (7)  
Foreign currency translation adjustment (1,440)     (1,440)  
Net loss (10,938)       (10,938)
Ending balance (in shares) at Sep. 30, 2022   85,230,814      
Ending balance at Sep. 30, 2022 $ 311,766 $ 85 $ 623,671 $ 1,613 $ (313,603)