XML 25 R13.htm IDEA: XBRL DOCUMENT v3.23.3
Stockholders' Equity
 9 Months Ended
Sep. 30, 2023
Equity [Abstract]  
Stockholders' Equity

Note 7. Stockholders' Equity

Common Stock

In connection with the initial public offering of the Company's common stock (the "IPO"), 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 are entitled to receive dividends whenever funds are legally available, when and if declared by the board of directors. As of September 30, 2023, no dividends have been declared to date. Each share of common stock is entitled to one vote.

At September 30, 2023 and December 31, 2022, the Company had reserved common stock for future issuances as follows:

 

 

September 30,

 

 

December 31,

 

 

 

2023

 

 

2022

 

Common stock available for future grant

 

 

7,442,482

 

 

 

6,099,584

 

Common stock options issued and outstanding

 

 

4,705,390

 

 

 

4,819,906

 

Restricted stock units outstanding

 

 

1,853,657

 

 

 

1,014,123

 

Shares available for future purchase under ESPP

 

 

1,630,570

 

 

 

1,226,123

 

Total

 

 

15,632,099

 

 

 

13,159,736