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Stockholders' Equity
3 Months Ended
Mar. 31, 2022
Equity [Abstract]  
Stockholders' Equity

8. Stockholders’ Equity

 

As of March 31, 2022 and December 31, 2021, the Company’s Certificate of Incorporation authorized the Company to issue 200,000,000 shares of common stock, $0.001 par value per share and 5,000,000 shares of undesignated preferred stock, $0.001 par value per share.

Each share of common stock entitles the holder to one vote on all matters submitted to a vote of the Company’s stockholders. The holders of shares of common stock are not entitled to receive dividends, unless declared by the Company’s board of directors. No dividends have been declared or paid by the Company since its inception.

Common Stock Reserved

The Company had the following shares of common stock reserved for future issuance:

 

 

 

March 31,
2022

 

 

December 31,
2021

 

Shares reserved for exercise of outstanding stock options under the 2015 Stock
   Incentive Plan

 

 

2,506,469

 

 

 

2,540,963

 

Shares reserved for exercise of outstanding stock options under the 2021 Stock
   Incentive Plan

 

 

1,265,374

 

 

 

496,500

 

Shares reserved for vesting of restricted stock units granted under the 2021 Stock Incentive Plan

 

 

312,810

 

 

 

 

Shares reserved for future awards under the 2021 Stock Incentive Plan

 

 

1,172,500

 

 

 

1,221,593

 

Shares reserved for future awards under the 2021 Employee Stock Purchase Plan

 

 

815,557

 

 

 

566,037

 

Total common stock reserved

 

 

6,072,710

 

 

 

4,825,093