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Common Stock Warrants
 3 Months Ended
Mar. 31, 2024
Equity [Abstract]  
Common Stock Warrants Common Stock Warrants
The Company issued warrants exercisable to purchase Company common stock in connection with its issuances of Series A Preferred Stock, Series B Preferred Stock and Series C Preferred Stock (collectively, the “Common Stock Warrants”). The Company revalues the Common Stock Warrants at each balance sheet date and recognized a loss of $1.5 million and a loss of $0.4 million during the three months ended March 31, 2024 and 2023, respectively. The Common Stock Warrant liabilities are included in Level 3 of the fair value hierarchy.
The assumptions used in the Monte Carlo simulation model to estimate the fair value of the Common Stock Warrants are as follows:
March 31,
2024		December 31,
2023
Stock price$5.68 $4.77 
Exercise price$0.01 $0.01 
Risk-free rate5.1 %4.7 %
Volatility68.3 %78.4 %
Weighted average term (years)0.50.5