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Common Stock
6 Months Ended
Jun. 30, 2021
Equity [Abstract]  
Common Stock

Note 10. Common Stock

 

At June 30, 2021, the Company’s certificate of incorporation, as amended and restated, authorized the Company to issue up to 21,831,000 shares of common stock with $0.001 par value per share, of which 9,732,032 shares were issued and outstanding. The holders of common stock were also entitled to receive dividends whenever funds are legally available, when and if declared by the board of directors. As of June 30, 2021, no dividends have been declared to date. Each share of common stock is entitled to one vote.

At June 30, 2021 and December 31, 2020, the Company had reserved common stock for future issuances as follows:

 

 

 

June 30,

 

 

December 31,

 

 

 

2021

 

 

2020

 

Conversion of Series A redeemable convertible preferred stock

 

 

7,608,688

 

 

 

7,608,688

 

Conversion of Series B redeemable convertible preferred stock

 

 

2,419,242

 

 

 

2,419,242

 

Conversion of Series C redeemable convertible preferred stock and warrants

 

 

4,744,742

 

 

 

4,744,742

 

Conversion of Series D redeemable convertible preferred stock

 

 

4,895,636

 

 

 

4,895,636

 

Conversion of Series E redeemable convertible preferred stock

 

 

3,799,694

 

 

 

3,799,694

 

Conversion of Series F redeemable convertible preferred stock and warrants

 

 

2,725,430

 

 

 

2,725,430

 

Exercise of options under stock plan

 

 

5,185,736

 

 

 

3,137,776

 

Issuance of options under plan

 

 

240,860

 

 

 

451,670

 

 

 

31,620,028

 

 

 

29,782,878