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Common Stock
12 Months Ended
Dec. 31, 2023
Stockholders' Equity Note [Abstract]  
Common Stock

10. Common stock

As of December 31, 2023 and 2022, 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 December 31, 2023, no dividends have been declared to date.

The Company has reserved shares of common stock for future issuance as follows:

 

 

 

December 31,

 

 

December 31,

 

 

 

2023

 

 

2022

 

Outstanding options to purchase common stock

 

 

11,083,349

 

 

 

8,164,375

 

Unvested restricted stock units of common stock

 

 

2,161,267

 

 

 

1,175,032

 

Available for future issuance under the 2020 Incentive Award Plan

 

 

6,241,188

 

 

 

6,726,307

 

Available for issuance under the 2020 Employee Stock Purchase Plan

 

 

2,394,407

 

 

 

1,700,887

 

Total

 

 

21,880,211

 

 

 

17,766,601