XML 78 R5.htm IDEA: XBRL DOCUMENT v3.22.1
Consolidated Statements of Convertible Preferred Stock and Stockholders' Equity (Deficit) - USD ($)
$ in Thousands
Total
IPO
Erasca Foundation
Convertible Preferred Stock
Common Stock
Common Stock
IPO
Common Stock
Erasca Foundation
Additional Paid-in Capital
Additional Paid-in Capital
IPO
Additional Paid-in Capital
Erasca Foundation
Accumulated Other Comprehensive Income (Loss)
Accumulated Deficit
Convertible preferred stock, beginning balance, shares at Dec. 31, 2019       38,103,681                
Convertible preferred stock, beginning balance, value at Dec. 31, 2019       $ 63,403                
Beginning balance, shares at Dec. 31, 2019         22,629,158              
Beginning balance at Dec. 31, 2019 $ (13,604)       $ 3     $ 124     $ 11 $ (13,742)
Issuance of Series B-1 and B-2 convertible preferred stock for cash, shares       27,481,001                
Issuance of Series B-1 and B-2 convertible preferred stock for cash       $ 128,002                
Issuance of Series B-2 convertible preferred stock in connection with asset acquisition, Shares       4,000,000                
Issuance of Series B-2 convertible preferred stock in connection with asset acquisition       $ 30,000                
Exercise of stock options, shares         3,542,113              
Exercise of stock options 170             170        
Vesting of early exercised stock options 322             322        
Repurchases of early exercised stock options and restricted stock, Shares         (981,598)              
Stock-based compensation expense 797             797        
Net loss (101,660)                     (101,660)
Unrealized loss on investments, net $ (9)                   (9)  
Convertible preferred stock, ending balance, shares at Dec. 31, 2020       69,584,682                
Convertible preferred stock,ending balance, value at Dec. 31, 2020       $ 221,405                
Ending balance, shares at Dec. 31, 2020 25,189,673       25,189,673              
Ending balance at Dec. 31, 2020 $ (113,984)       $ 3     1,413     2 (115,402)
Issuance of Series B-1 and B-2 convertible preferred stock for cash, shares       15,931,772                
Issuance of Series B-1 and B-2 convertible preferred stock for cash       $ 119,393                
Issuance of common stock in connection with asset acquisition, shares         500,000              
Issuance of common stock in connection with asset acquisition 1,680             1,680        
Issuance of common stock in connection with license agreement, shares         944,945              
Issuance of common stock in connection with license agreement 5,488             5,488        
Temporary Equity Stock Issued During Period Shares Conversion Of Convertible Securities       (85,516,454)                
Temporary Equity Stock Issued During Period Value Conversion Of Convertible Securities       $ (340,798)                
Conversion of convertible preferred stock into common stock upon initial public offering, shares         71,263,685              
Conversion of convertible preferred stock into common stock upon initial public offering 340,798       $ 7     340,791        
Issuance of common stock, net of discounts and issuance costs, Shares           21,562,500 1,093,557          
Issuance of common stock, net of discounts and issuance costs   $ 316,999 $ 17,497     $ 2     $ 316,997 $ 17,497    
Disgorgement of Stockholder's Short-swing Profits. 553             553        
Exercise of stock options, shares         736,200              
Exercise of stock options 335             335        
Vesting of early exercised stock options 692             692        
Issuance of common stock under the Employee Stock Purchase Plan, Shares         91,987              
Issuance of common stock under the Employee Stock Purchase Plan 1,067             1,067        
Stock-based compensation expense 8,331             8,331        
Net loss (122,764)                     (122,764)
Unrealized loss on investments, net $ (164)                   (164)  
Convertible preferred stock, ending balance, shares at Dec. 31, 2021       0                
Ending balance, shares at Dec. 31, 2021 121,382,547       121,382,547              
Ending balance at Dec. 31, 2021 $ 456,528       $ 12     $ 694,844     $ (162) $ (238,166)