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Common Stock
9 Months Ended
Sep. 30, 2022
Stockholders' Equity Note [Abstract]  
Common Stock
9.
Common stock

As of September 30, 2022 and December 31, 2021, the Company’s certificate of incorporation authorized the Company to issue 300,000,000 shares of common stock, at a par value of $0.0001 per share. Each share of common stock is entitled to one vote. The holders of common stock are also entitled to receive dividends whenever funds are legally available and when declared by the Board of Directors. As of September 30, 2022, no dividends have been declared to date.

The Company has reserved shares of common stock, on an as-converted basis, for future issuance as follows:

 

 

 

September 30,

 

 

December 31,

 

 

 

2022

 

 

2021

 

Outstanding options to purchase common stock

 

 

8,159,892

 

 

 

6,050,938

 

Unvested restricted stock units of common stock

 

 

1,193,601

 

 

 

423,621

 

Available for future issuance under the 2020 Incentive Award Plan

 

 

6,878,479

 

 

 

6,403,548

 

Available for issuance under the 2020 Employee Stock Purchase Plan

 

 

1,745,412

 

 

 

1,089,728

 

Total

 

 

17,977,384

 

 

 

13,967,835