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Stockholders' Equity (Tables)
6 Months Ended
Jun. 30, 2021
Stockholders Equity Note [Abstract]  
Schedule of Common Stock Reserved for Future Issuance

As of June 30, 2021 and December 31, 2020, the Company had reserved shares of common stock for the exercise of outstanding stock options and shares of common stock remaining available for future stock-based awards under the Company’s 2012 Stock Incentive Plan, 2019 Stock Incentive Plan and 2019 Employee Stock Purchase Plan, as shown in the table below:

 

 

 

June 30,

2021

 

 

December 31,

2020

 

Shares of common stock reserved for future issuance under the 2012 Stock Incentive Plan

 

 

885,418

 

 

 

921,824

 

Shares of common stock reserved for future issuance under the 2019 Stock Incentive Plan

 

 

3,175,199

 

 

 

2,396,922

 

Shares of common stock reserved for future issuance under the 2019 Employee Stock Purchase Plan

 

 

503,789

 

 

 

327,454

 

 

 

 

4,564,406

 

 

 

3,646,200

 

Schedule of Share-based Compensation, Stock Options, Activity

A summary of the Company’s combined stock option activity for the 2019 Plan and the 2012 Plan for the six months ended June 30, 2021 is as follows:

 

 

 

Number of

Option

Shares

 

 

Weighted

Average

Exercise

Price

 

 

 

 

 

 

 

 

 

 

Outstanding as of December 31, 2020

 

 

2,171,477

 

 

$

5.62

 

Granted

 

 

1,363,875

 

 

$

3.02

 

Forfeited

 

 

(331,824

)

 

$

4.57

 

Expired

 

 

(1,151

)

 

$

10.00

 

Exercised

 

 

 

 

$

 

Outstanding as of June 30, 2021

 

 

3,202,377

 

 

$

4.62

 

Options exercisable as of June 30, 2021

 

 

1,393,630

 

 

$

5.12

 

Options unvested as of June 30, 2021

 

 

1,808,747

 

 

$

4.24

 

 

Schedule of Stock-based Compensation Expenses Recognized

The following table summarizes the classifications of stock-based compensation expenses for the 2012 Plan, the 2019 Plan and the 2019 ESPP recognized in the Condensed Consolidated Statements of Operations:

 

 

 

Three Months Ended

June 30,

 

 

Six Months Ended

June 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Research and development expense

 

$

251

 

 

$

84

 

 

$

424

 

 

$

177

 

General and administrative expense

 

 

494

 

 

 

505

 

 

 

1,039

 

 

 

1,142

 

 

 

$

745

 

 

$

589

 

 

$

1,463

 

 

$

1,319