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

9. COMMON STOCK

As of December 31, 2021 and 2020, the Company had 150,000,000 and 230,000,000 shares of common stock authorized, respectively, of which 35,975,034 and 3,096,903 were issued and outstanding as of December 31, 2021 and 2020, respectively.

Voting: The holders of shares of common stock are entitled to one vote for each share of common stock held at all meetings of stockholders and written action in lieu of meetings; there is no cumulative voting. The holders of outstanding shares of common stock shall be entitled to elect two directors of the Company.

Dividends: The holders of shares of common stock are entitled to receive dividends, if and when declared by the Board of Directors. No dividends have been declared or paid by the Company since its inception

Liquidation: After payment to the holders of shares of Preferred Stock of their liquidation preferences, the remaining assets of the Company are distributed to the holders of common stock.