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Stockholders’ Deficit | 9 Months Ended
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Sep. 30, 2023
Equity [Abstract] |
Stockholders’ Deficit | Stockholders’ Deficit As of September 30, 2023, the Company’s shares consisted of 500,000,000 authorized shares of common stock, par value $0.0001 per share, of which 64,460,196 shares of common stock were issued and outstanding, and 500,000 authorized shares of preferred stock, par value $0.0001 per share, of which no shares were issued and outstanding. As of December 31, 2022, the Company’s shares consisted of 500,000,000 authorized shares of common stock, par value $0.0001 per share, of which 63,773,982 shares were issued and outstanding, and 500,000 authorized shares of preferred stock, par value $0.0001 per share, of which no shares were issued and outstanding. The Company has not declared or paid any dividends, or authorized or made any distribution upon or with respect to any class or series of its capital stock. Common Stock Common stock reserved for future issuance consisted of the following:
|  | September 30, 2023 |  | December 31, 2022
Equity incentive compensation awards granted and outstanding |  | 5,783,535 |  |  | 4,993,246 |
Shares available for grant under the 2018 Equity Incentive Plan |  | 8,512,215 |  |  | 7,848,832 |
Shares available for issuance under the Employee Stock Purchase Plan |  | 2,948,715 |  |  | 2,412,585 |
Shares reserved for potential issuance under the Notes |  | 8,234,230 |  |  | 8,234,230 |
Total common stock reserved for future issuance(1) |  | 25,478,695 |  |  | 23,488,893 |
_________________ (1) Total common stock reserved for future issuance excludes shares that may be issued pursuant to the ATM Program discussed below. Shelf Registration Statement On May 10, 2023, the Company filed an automatically effective shelf registration statement on Form S-3 (the “Shelf Registration Statement”) with the SEC, which allows the Company to sell, from time to time, and at its discretion, shares of its common stock having an aggregate offering price of up to $200.0 million pursuant to an “at the market” offering program (the “ATM Program”). The Company intends to use the net proceeds, if any, from sales of its common stock issued under the ATM Program for general corporate and working capital purposes. The timing of any sales and the number of shares sold, if any, will depend on a variety of factors to be determined by the Company. The shares will be offered pursuant to an equity distribution agreement (the “Equity Distribution Agreement’) between the Company and Goldman Sachs & Co. LLC, (“Goldman Sachs”), as sales agent. The Company will pay Goldman Sachs a commission equal to 3.25% of the aggregate gross proceeds of any shares sold through Goldman Sachs pursuant to the Equity Distribution Agreement . The Company is not obligated to sell any shares under the Equity Distribution Agreement. As of September 30, 2023, no sales had been made under the Equity Distribution Agreement and the ATM Program’s full capacity remained available.

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