Prosper’s struggles appear to have nearly wiped out the value of its common stock, which is primarily held by employees. Earlier this year, Prosper reduced its common stock valuation and repriced employee stock options to $0.22 per share, down from $2.14, according to securities filings. At that price, the company’s common stock and employee stock awards combined were worth only about $30 million as of March 31. In an effort to compensate employees for the newly lowered shares, Prosper has issued more shares to employees, according to a person with knowledge of the matter.

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