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Stockholder's Equity (Tables)

12 Months Ended

Dec. 31, 2024

Stockholders' Equity Note [Abstract]

Summary of Warrants Activity

The following summarizes warrant activity during the years ended December 31, 2024 and 2023:

		Number of Common Warrants				Number of Pre-funded Warrants				Weighted-Average Exercise Price
Balances as of December 31, 2022			8,427,508				24,696,206
Issued			—				18,379,861			$	0.001
Exercised			—				(2,583,144	)		$	0.001
Balances as of December 31, 2023			8,427,508				40,492,923
Issued			—				7,000,000			$	0.001
Exercised			(322,893	)			(8,949,346	)		$	0.216
Balances as of December 31, 2024			8,104,615				38,543,577

Schedule of Common Stock Reserved for Future Issuance

The Company reserved the following shares of common stock for issuance as follows:

		December 31,
		2024				2023
Stock options issued and outstanding			14,594,720				9,208,970
Stock options reserved for 2020 Incentive Award Plan			2,109,758				1,988,340
Unvested restricted stock units outstanding			770,028				495,579
Common stock reserved for 2021 ATM program			—				2,619,471
Common stock reserved for 2024 ATM program			24,250,000				—
Common stock reserved for Employee Stock Purchase Plan			1,983,924				1,338,381
Common stock reserved for 2022 Employment Inducement     Award Plan			3,359,230				758,084
Common stock reserved for pre-funded warrants			38,543,577				40,493,510
Common stock reserved for common warrants			8,104,615				8,427,508
Total common stock reserved			93,715,852				65,329,843

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Schedule of common stock reserved for future issuance table.

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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

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