Preferred and Common Stock (Tables)

12 Months Ended

Dec. 31, 2023

Equity [Abstract]

Schedule of Assumptions Used in Black Scholes Model

The assumptions used in the Black-Scholes model were as follows:

Exercise price	$	2.67
Fair value of common stock	$	2.57
Volatility		81.93	%
Expected term	5.5 years
Risk-free interest rate		3.74	%

Schedule of Common Stock Reserved for Future Issuances

The Company has reserved for future issuances the following shares of common stock as of December 31, 2023:

	As of December 31, 2023
Option to exercise stock warrants		15,786,924
Stock options and restricted stock units		7,679,566
Employee stock purchase plan		438,834
Total		23,905,324