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Stockholders' equity | 9 Months Ended
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Sep. 30, 2024
Stockholders' Equity Note [Abstract] |
Stockholders’ equity | Stockholders’ equity Preferred stock As of September 30, 2024, the Company had 25,000,000 shares of authorized preferred stock. No shares of preferred stock have been issued. At-the-market (“ATM”) equity offering program In February 2022, the Company established an ATM equity offering program (the “February 2022 ATM”), pursuant to which it was able to offer and sell up to $100.0 million of its common stock from time to time at prevailing market prices. During the three months ended March 31, 2023, the Company sold 256,386 shares of common stock under the February 2022 ATM, resulting in net proceeds of $1.6 million. As of March 31, 2023, the February 2022 ATM had been fully utilized. In November 2022, the Company established an additional ATM equity offering program (the “November 2022 ATM”), pursuant to which it is able to offer and sell up to $150.0 million of its common stock from time to time at prevailing market prices. During the nine months ended September 30, 2024 and 2023, the Company sold 1,041,201 and 14,208,145 shares of common stock under the November 2022 ATM, respectively, resulting in net proceeds of $5.8 million and $92.2 million, respectively. As of September 30, 2024, approximately $50.0 million remained unsold and available for sale under the November 2022 ATM. In February 2024, the Company established an additional ATM equity offering program (the “February 2024 ATM”), pursuant to which it is able to offer and sell up to $100.0 million of its common stock from time to time at prevailing market prices. As of September 30, 2024, $100.0 million remained unsold and available for sale under the February 2024 ATM. Common stock The holders of the common stock are entitled to one vote for each share held. Common stockholders are not entitled to receive dividends, unless declared by the Board of Directors of the Company (the “Board”). As of September 30, 2024 and December 31, 2023, there were 17,274,942 and 14,736,953 shares, respectively, of common stock reserved for the exercise of outstanding stock options and restricted stock units (“RSUs”).
| September 30, 2024 |  | December 31, 2023
Stock options | 12,527,245 |  |  | 10,902,845 |
Restricted stock units | 4,747,697 |  |  | 3,834,108 |
| 17,274,942 |  |  | 14,736,953 |

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