Stockholders' Equity

3 Months Ended

Mar. 31, 2022

Equity [Abstract]

Stockholders' Equity

7. Stockholders’ Equity

In March 2019, we entered into a Common Stock Sales Agreement with SVB Leerink LLC and Stifel, Nicolaus & Company, Incorporated, under which we could offer and sell, from time to time, at our sole discretion, shares of our common stock having an aggregate offering price of up to $75.0 million. We did not sell any shares of our common stock under the agreement. In February 2022, we terminated the agreement with SVB Leerink LLC and Stifel, Nicolaus & Company, Incorporated.

In February 2022, we entered into a new Common Stock Sales Agreement with SVB Securities LLC, Credit Suisse Securities (USA) LLC and Cantor Fitzgerald & Co., or the ATM Facility, under which we may offer and sell, from time to time, at our sole discretion, shares of our common stock having an aggregate offering price of up to $150.0 million. We have not yet sold any shares of our common stock under the ATM Facility.