Stock- Based Compensation (Tables)

9 Months Ended

Sep. 30, 2023

Share-Based Payment Arrangement [Abstract]

Summary of Restricted Stock Awards (RSA) Activity

The following is a summary of RSA transactions as of and for the nine months ended September 30, 2023:

	Unvested Shares			Weighted-Average Grant Date Fair Value
Unvested, December 31, 2022		16,796		$	11.98
Vested		(9,111	)		11.98
Forfeited		(2,070	)		11.98
Unvested, September 30, 2023		5,615		$	11.98

Summary of Restricted Stock Unit (RSU) Activity

The following is a summary of RSU transactions as of and for the nine months ended September 30, 2023:

	Unvested Shares			Weighted-Average Grant Date Fair Value
Outstanding, December 31, 2022		14,203		$	10.61
Granted		17,885			6.10
Vested		(4,713	)		12.07
Canceled and forfeited		(3,266	)		8.60
Outstanding, September 30, 2023		24,109		$	7.25

Summary of Stock Option Activity

The following is a summary of stock option activity as of and for the nine months ended September 30, 2023:

	Number of Options		Weighted-Average Exercise Price		Weighted-Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value
Outstanding, December 31, 2022		13,476	$	7.42		9.70	$	—
Granted		—		—
Exercised		—		—				—
Canceled and forfeited		—		—
Outstanding, September 30, 2023		13,476	$	7.42		8.96	$	1,675
Exercisable at September 30, 2023		1,019	$	7.61		8.94	$	—
Vested or expected to vest at September 30, 2023		13,476	$	7.42		8.96	$	1,675

Summary of Stock Based Compensation Expense

The Company recognized stock-based compensation expense related to RSAs, RSUs, and stock options within general and administrative expenses in the unaudited consolidated statements of operations and comprehensive loss as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
Stock-based compensation expense	$	21,525	$	34,870	$	78,469	$	152,235