The Company’s Certificate of Incorporation, as amended, authorized the Company to issue 150,000,000 shares of $0.0001 par value common stock as of December 31, 2020.

Common stockholders are entitled to dividends if and when declared by the Board of Directors subject to the prior rights of the preferred stockholders. As of December 31, 2020 and 2019, no dividends on common stock had been declared by the Board of Directors.

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

	December 31
	2020		2019
Conversion of redeemable convertible preferred stock (as converted to common stock)		—		12,048,671
Conversion of additional authorized and unissued redeemable convertible preferred stock		—		51,506
Stock options available for future grant		1,739,621		653,136
Stock options issued and outstanding		3,706,945		1,860,646
Redeemable convertible preferred stock warrants issued and outstanding		—		220,890
Common stock warrants issued and outstanding		226,191		—
Total common stock reserved		5,672,757		14,834,849