XML 85 R16.htm IDEA: XBRL DOCUMENT v3.26.1
Capital Structure
12 Months Ended
Dec. 31, 2025
Equity [Abstract]  
Capital Structure

Note 6. Capital Structure

Upon the closing of the IPO, all of the Company’s outstanding shares of redeemable convertible preferred stock automatically converted into 20,854,632 shares of common stock.

There are 500,000,000 shares of common stock authorized as of December 31, 2025 and December 31, 2024. In connection with the IPO, the Company's board of directors authorized 10,000,000 shares of preferred stock. As of December 31, 2025 and December 31, 2024, there were no preferred shares issued and outstanding. Common stock reserved for future issuance as of December 31, 2025, consisted of the following:

 

 

December 31,
2025

 

 

December 31, 2024

 

Stock options, issued and outstanding

 

 

7,914,058

 

 

 

5,384,142

 

Stock options, authorized for future issuance

 

 

2,128,767

 

 

 

3,039,972

 

Warrants, issued and outstanding

 

 

31,690

 

 

 

31,690

 

Total common stock reserved for future issuance

 

 

10,074,515

 

 

 

8,455,804