XML 27 R21.htm IDEA: XBRL DOCUMENT v3.24.1.u1

Stockholders' Equity (Tables)

3 Months Ended

Mar. 31, 2024

Equity [Abstract]

Schedule of Shares of Common Stock Available for Future Issuance

The Company had the following shares of common stock reserved for future issuance, on an as-if-converted basis, as of the periods presented:

		March 31, 2024				December 31, 2023
Stock options outstanding			6,891,349				4,686,577
RSUs and PSUs outstanding			1,508,546				987,550
Shares available for future grants under equity incentive plans			2,600,491				1,790,684
Shares available for future issuance under the employee stock purchase plan			1,207,607				1,207,607
Warrants to purchase common stock outstanding			10,075,092				10,412,806
Pre-funded warrants to purchase common stock outstanding			1,881,081				1,881,081
Conversion feature related to outstanding term loan			590,816				590,816
Total available for future issuance			24,754,982				21,557,121

Schedule of Outstanding Warrants to Purchase Shares of Common Stock

As of March 31, 2024, the Company’s outstanding warrants to purchase shares of its common stock were as follows:

		Shares of Common Stock Underlying Warrants				Exercise Price Per Share				Expiration Date
Warrant issued in connection with term loan (SVB)			25,000			$	22.06			June 30, 2025
Warrant issued in connection with term loan (SVB)			33,923				19.12			May 28, 2031
Warrants issued in connection with term loan facility			174,093				9.76			January 27, 2033
Warrants issued in connection with public offering			9,842,076				5.325			July 1, 2024
Pre-funded warrants issued in connection with public offerings			1,881,081				0.001			Do not expire
Total outstanding			11,956,173

X

- Definition

Schedule of common stock reserved for issuance.

+ References

No definition available.

+ Details

Name:	etnb_ScheduleOfCommonStockReservedForIssuanceTableTextBlock
Namespace Prefix:	etnb_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_EquityAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-1

+ Details

Name:	us-gaap_ScheduleOfStockholdersEquityNoteWarrantsOrRightsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration