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Common Stock
12 Months Ended
Dec. 31, 2021
Equity [Abstract]  
Common Stock

Note 10. Common Stock

In connection with the Company’s IPO in July 2021, the Company’s certificate of incorporation was amended and restated to provide for 200,000,000 authorized shares of common stock with a par value of $0.001 per share and 10,000,000 authorized shares of preferred stock with a par value of $0.001 per share. The holders of common stock were also entitled to receive dividends whenever funds are legally available, when and if declared by the board of directors. As of December 31, 2021, no dividends have been declared to date. Each share of common stock is entitled to one vote.

At December 31, 2021 and December 31, 2020, the Company had reserved common stock for future issuances as follows:

 

 

December 31,

 

 

 

2021

 

 

2020

 

Redeemable convertible preferred stock and warrants

 

 

 

 

 

26,193,432

 

Common stock options issued and outstanding

 

 

4,996,945

 

 

 

3,137,776

 

Common stock available for future grant

 

 

5,321,687

 

 

 

451,670

 

Restricted stock units outstanding

 

 

53,250

 

 

 

 

Shares available for future purchase under ESPP

 

 

850,000

 

 

 

 

 

 

 

11,221,882

 

 

 

29,782,878