XML 43 R36.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Stock-based Compensation - Additional Information (Details) - USD ($)
3 Months Ended
Jan. 01, 2024
Mar. 31, 2024
Mar. 31, 2023
Dec. 31, 2023
Mar. 20, 2023
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]          
Common stock shares reserved for future issuance   8,351,825      
Common stock, shares issued   10,740,115   5,754,505  
Number of options, forfeited   223,308      
Acceleration of stock awards   $ 10,500,000      
Research and Development          
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]          
Stock-based compensation expense   171,000 $ 2,080,000    
General and Administrative          
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]          
Stock-based compensation expense   $ 243,000 9,046,000    
Graybug          
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]          
Acceleration of stock awards     10,500,000    
Graybug | Research and Development          
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]          
Stock-based compensation expense     1,900,000    
Graybug | General and Administrative          
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]          
Stock-based compensation expense     $ 8,600,000    
2006 Equity Incentive Plan          
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]          
Expiration period   10 years      
Award vesting rights, percentage   25.00%      
Award vesting period   1 year      
Vesting period   36 months      
2023 Equity Incentive Plan          
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]          
Common stock shares reserved for future issuance   91,516     1,000,000
Percentage of aggregate number of shares of common stock outstanding on last day of preceding year added to plan   5.00%      
Number of options, forfeited   218,576      
Increase in number of shares reserved for issuance 287,725        
Shares available for grant (shares)   91,516      
2023 Employee Stock Purchase Plan          
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]          
Common stock shares reserved for future issuance   122,545      
Common stock shares reserved for future issuance, initial   65,000      
Weighted averagefair value options, granted   $ 4.16 $ 11.94    
Total fair value of shares vested   $ 300,000 $ 10,900,000    
Common stock, shares issued   195,000      
Stock issued on exercise of stock options, Shares   0      
Percentage of aggregate number of shares of common stock outstanding on last day of preceding year added to plan   1.00%      
Increase in number of shares reserved for issuance   57,545      
Stock Issued   0      
Total unrecognized stock-based compensation expenses related to outstanding unvested stock awards   $ 4.1      
Total unrecognized stock-based compensation expenses related to outstanding unvested stock awards weighted-average term of recognition   3 years