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Subsequent Events
9 Months Ended
Sep. 30, 2024
Subsequent Events [Abstract]  
Subsequent Events

14. Subsequent Events

On October 31, 2024, the Company issued 187,544 shares of common stock under its employee stock purchase plan at a purchase price of $7.16 per share representing a 15% discount on the closing price of $8.42 on the ending date of the offering period for an aggregate of $1,343. The purchase price is based on the lower of the fair market value of the Company's common stock at the grant date or purchase date.

On November 8, 2024, the Board of Directors approved the fourth installment of 165,729 shares of common stock to a philanthropic partner, Foundation for the Carolinas and its affiliate, Community Investments Foundation, as a charitable contribution in connection with an agreement between the parties dated October 1, 2021. Pursuant to this agreement, we intend to provide annual ongoing grants of 10% of the pledged shares for a period of ten years, subject in each case to the approval of our board of directors.