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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY - USD ($)
$ in Thousands
Total
2022 Employee Bonus Plan
Class A and Class B Common Stock
Class A and Class B Common Stock
2022 Employee Bonus Plan
Additional Paid-in Capital
Additional Paid-in Capital
2022 Employee Bonus Plan
Accumulated Deficit
Beginning balance (in shares) at Dec. 31, 2021     30,384,834        
Beginning balance at Dec. 31, 2021 $ 95,486   $ 3   $ 131,826   $ (36,343)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net loss (51,398)           (51,398)
Issuance of common stock upon exercise of stock options (in shares)     2,112,819        
Issuance of common stock upon exercise of stock options 4,408   $ 1   4,407    
Issuance of Class A common stock under 2021 Plan, net of taxes withheld (in shares)     321,720        
Issuance of Class A common stock under 2021 Plan, net of taxes withheld (130)       (130)    
Issuance of Class A common stock related to Employee Stock Purchase Plan ("ESPP") (in shares)     574,364        
Issuance of Class A common stock related to ESPP 2,511       2,511    
Stock-based compensation 17,871       17,871    
Ending balance (in shares) at Dec. 31, 2022 [1]     33,393,737        
Ending balance at Dec. 31, 2022 68,748   $ 4 [1]   156,485   (87,741)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net loss $ (59,713)           (59,713)
Issuance of common stock upon exercise of stock options (in shares) 2,446,846   2,446,846 [1]        
Issuance of common stock upon exercise of stock options $ 4,613       4,613    
Issuance of Class A common stock under 2021 Plan, net of taxes withheld (in shares) [1]     2,327,073        
Issuance of Class A common stock related to Employee Stock Purchase Plan ("ESPP") (in shares) [1]     695,046        
Issuance of Class A common stock related to ESPP 2,339       2,339    
Issuance of restricted stock units related to the 2022 Bonus Plan (See Note 13) (in shares) [1]       287,908      
Issuance of restricted stock units related to the 2022 Bonus Plan (See Note 13)   $ 1,848       $ 1,848  
Stock-based compensation 27,103       27,103    
Ending balance (in shares) at Dec. 31, 2023 [1]     39,150,610        
Ending balance at Dec. 31, 2023 $ 44,938   $ 4 [1]   $ 192,388   $ (147,454)
[1]
(1) On July 6, 2023, all shares of the Company’s then outstanding Class B common stock were automatically converted into the same number of Class A common stock, pursuant to the terms of the Company’s Amended and Restated Certificate of Incorporation. No additional shares of Class B common stock will be issued following such conversion. See Note 12 for further details.