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Stockholders' Equity (Tables)
12 Months Ended
Dec. 31, 2024
Equity [Abstract]  
Schedule of Shares of Common Stock Reserved for Future Issuance

Shares of common stock reserved for future issuance were as follows:

 

 

 

As of December 31, 2024

 

Stock options issued and outstanding

 

 

5,403,090

 

Restricted stock units and performance stock units issued and outstanding

 

 

3,863,994

 

Shares available for potential conversion of L1 Convertible Note

 

 

5,305,861

 

Shares available for grant under 2023 Equity Incentive Plan

 

 

924,488

 

 

 

 

15,497,433

 

 

Summary of Shares Issued

The following is a summary of the shares issued under our 2024 ATM Program during the year ended December 31, 2024 (in thousands except average price per share):

Period Ended

 

Shares Issued

 

 

Average Net Price Per Share(1)

 

 

Gross Proceeds

 

 

Net Proceeds

 

December 31, 2024

 

 

16,336

 

 

$

0.98

 

 

$

17

 

 

$

16