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Equity Incentive Plans (Tables)
12 Months Ended
Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Option Activity
A summary of our stock option activity and related information during the year ended December 31, 2023 is as follows (in thousands, except per share dollar amounts and years):
Options Issued and OutstandingWeighted
Average
Remaining
Contractual Term
(in Years)
Aggregate
Intrinsic Value
Number of SharesWeighted-Average
Exercise Price 
per Share
Balance at December 31, 202213,963 $4.83 
Options granted8,914 $3.14 
Options exercised(226)$1.61 
Options canceled(483)$3.83 
Balance at December 31, 202322,168 $4.20 7.3$58,606 
Vested and expected to vest at December 31, 202322,168 $4.20 7.3$58,606 
Exercisable at December 31, 202312,199 $5.30 6.1$25,116 
Schedule of Valuation Assumptions for Stock Options The estimated grant date fair value of employee stock options was calculated using the Black-Scholes option-pricing model, based on the following weighted-average assumptions:
Year Ended December 31,
202320222021
Expected term (years)5.14.95.0
Expected volatility97.6 %92.1 %77.0 %
Risk-free interest rate3.8 %2.2 %4.7 %
Dividend yield— %— %— %
Schedule of Restricted Stock Units Activity
A summary of our RSUs activity and related information for the year ended December 31, 2023 is as follows (in thousands, except per share dollar amounts):
Number of
RSUs
Weighted-Average
Grant Date Fair
Value Per Share
Non-vested restricted stock units at December 31, 20221,406 $2.17 
Granted3,269 $3.39 
Vested(942)$2.76 
Forfeited(87)$3.05 
Non-vested restricted stock units at December 31, 20233,646 $3.09 
Schedule of Valuation Assumptions for Employee Stock Purchase Plan
The following table illustrates the weighted-average assumptions for the Black-Scholes option-pricing model used in determining the fair value of ESPP purchase rights granted to our employees:
Year Ended December 31,
202320222021
Expected term (years)0.50.50.5
Expected volatility86.0 %97.2 %123.0 %
Risk-free interest rate5.3 %1.9 %0.7 %
Dividend yield— %— %— %
Schedule of Stock-Based Compensation Recognized
Stock-based compensation expense recognized for stock options, RSUs, and our ESPP are recorded as operating expenses in our statements of operations and comprehensive loss, as follows (in thousands):
Year Ended December 31,
202320222021
Selling, general and administrative$9,952 $7,525 $7,923 
Research and development3,578 3,225 4,116 
Total$13,530 $10,750 $12,039 
Schedule of Total Unrecognized Stock-Based Compensation Expense, Net of Estimated Forfeitures A summary of our total unrecognized stock-based compensation expense, net of estimated forfeitures, as of December 31, 2023 is as follows (dollars in thousands):
December 31, 2023
Unrecognized Compensation ExpenseAverage Remaining Vesting Period (Years)
Stock option grants
$19,960 2.75
RSU grants$10,579 3.03
ESPP$154 0.2