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Stockholders' Equity
3 Months Ended
Mar. 31, 2024
Equity [Abstract]  
Stockholders' Equity

8. Stockholders’ Equity

Common Stock

As of March 31, 2024 and December 31, 2023, the authorized capital stock of the Company included 150,000,000 shares of common stock, $0.0001 par value and 10,000,000 shares of undesignated preferred stock. As of March 31, 2024 and December 31, 2023, no undesignated preferred stock was outstanding.

Through March 31, 2024, no cash dividends have been declared or paid.

Common Stock Reserved for Future Issuance

As of March 31, 2024 and December 31, 2023, the Company has reserved the following shares of common stock for future issuance:

 

 

March 31,
2024

 

 

December 31,
2023

 

Shares reserved for exercise of outstanding stock options

 

 

4,812,817

 

 

 

5,142,272

 

Shares reserved for vesting of restricted stock units

 

 

677,785

 

 

 

936,358

 

Shares reserved for issuance under the 2018 Stock Option and Grant Plan

 

 

8,299,245

 

 

 

7,978,667

 

Shares reserved for issuance under the 2018 Employee Stock Purchase Plan

 

 

1,771,748

 

 

 

1,771,748

 

Shares reserved for issuance under the 2019 Inducement Plan

 

 

1,511,183

 

 

 

1,407,211

 

Shares reserved for issuance under the 2020 Inducement Plan

 

 

1,700,000

 

 

 

1,700,000

 

Total shares of authorized common stock reserved for future issuance

 

 

18,772,778

 

 

 

18,936,256