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Stockholders' Equity (Tables)
6 Months Ended
Jun. 30, 2025
Class of Stock Disclosures [Abstract]  
Schedule of Common Stock Reserved for Future Issuance

The following table presents common stock reserved for future issuance(1) (in thousands):

 

 

 

June 30, 2025

 

 

December 31, 2024

 

Stock options issued and outstanding

 

 

2,553

 

 

 

2,376

 

Stock awards issued and outstanding

 

 

842

 

 

 

945

 

Authorized for grants under the 2016 Plan(2)

 

 

302

 

 

 

164

 

Authorized for grants under the Inducement Plan

 

 

65

 

 

 

210

 

Authorized for grants under the 2016 Employee Stock Purchase Plan(3)

 

 

569

 

 

 

494

 

 

 

 

4,331

 

 

 

4,189

 

 

(1) The table above excludes 541,000 treasury stock shares as of June 30, 2025 and December 31, 2024.

(2) On January 1, 2025, the number of authorized shares in the 2016 Plan increased by 461,000 shares pursuant to the evergreen provisions of the 2016 Plan.

(3) On January 1, 2025, the number of authorized shares in the 2016 Employee Stock Purchase Plan increased by 100,000 shares pursuant to the evergreen provisions of the 2016 Employee Stock Purchase Plan.