Series B Convertible Preferred Stock and Stockholders’ Equity (Tables)

12 Months Ended

Dec. 31, 2022

The following table summarizes the changes to the Company's Redeemable NCI.


	Year Ended December 31,
(in thousands)	2022	2021
Beginning balance	($7,787)	($8,446)
Net loss attributable to redeemable non-controlling interest	447	2,258
Adjustment of NCI to redemption value	—	(1,599)

Ending balance	($7,340)	($7,787)

The below table outlines the change in Series B Preferred Stock during the years ended December 31, 2022 and 2021.


	Series B-1 Convertible Preferred Stock		Series B-2 Convertible Preferred Stock		Series B Convertible Preferred Stock
(in thousands)	Shares	Amount	Shares	Amount	Shares	Amount





Balance at December 31, 2020	—	—	—	—	150	143,728
Redemption of shares	—	—	—	—	(5)	(5,330)
In kind dividend	—	—	—	—	—	10,988
Balance at December 31, 2021	—	—	—	—	145	149,386

In kind dividend	—	—	—	—	—	12,410
Balance at December 31, 2022	—	—	—	—	145	161,796

Accumulated Other Comprehensive Loss


	As of December 31,
(in thousands)	2022	2021
Foreign currency translation adjustments	($45,231)	($46,247)

Pension and other postretirement benefit plans	(412)	(117)
Total	($45,643)	($46,364)

AgroFresh Solutions, Inc. 10-K