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Common Stock | 3 Months Ended
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Mar. 31, 2024
Common Stock [Abstract] |
Common Stock |
(11) | Common Stock
The Company has authorized the issuance of 1,000,000,000 shares of common stock and 10,000,000 shares of preferred stock as of March 31, 2024. No preferred stock has been issued. Common Stock Purchase Agreements On December 18, 2023, the Company entered into separate common stock purchase agreements (the “Purchase Agreements”) with the Rodgers Massey Freedom and Free Markets Charitable Trust and the Rodgers Massey Revocable Living Trust (each a “Purchaser”, and together, the “Purchasers”). Pursuant to the terms of the Purchase Agreements, each Purchaser purchased 1,838,235 shares of common stock of the Company, par value $0.0001, (the “Shares”), at a price per share of $1.36, representing an aggregate purchase price of $4,999,999.20. The Purchasers paid for the Shares in cash. Thurman J. Rodgers is a trustee of each Purchaser and is the Executive Chairman of the board of directors of the Company. The Company has reserved shares of common stock for issuance related to the following:
|  | As of March 31, 2024 |
Common stock warrants |  |  | 27,637,266 |
Employee stock purchase plan |  |  | 2,628,996 |
Stock options and RSUs, issued and outstanding |  |  | 11,436,369 |
Stock options and RSUs, authorized for future issuance |  |  | 3,850,462 |
Total shares reserved |  |  | 45,553,093 |

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- Definition The entire disclosure for common stock. + References No definition available. + Details
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