Stockholder's Equity

12 Months Ended

Dec. 31, 2019

Stockholders’ Equity

Common stock

The Company’s amended and restated certificate of incorporation dated October 25, 2016, authorizes the Company to issue 100,000,000 shares of common stock with a par value of $0.001 per share and 5,000,000 shares of preferred stock with a par value of $0.001 per share. The holders of common stock are entitled to receive dividends whenever funds and assets are legally available and when declared by the board of directors, subject to the prior rights of holders of all series of convertible preferred stock outstanding. No dividends were declared through December 31, 2019.

The Company had reserved shares of common stock for issuance as follows:


	December 31,
	2019	2018
Options issued and outstanding	1,503,247	2,094,137
Unvested restricted stock units	886,030	547,891
Common stock warrants issued and outstanding	—	4,857
Shares available for grant under future stock plans	6,709,235	5,607,014
Shares available for future issuance	9,098,512	8,253,899