Stockholders' Equity

12 Months Ended

Dec. 31, 2025

Equity [Abstract]

Stockholders' Equity

Stockholders’ Equity

Common Stock

Common stockholders are entitled to dividends if and when declared by the board of directors. As of December 31, 2025, no dividends on common stock had been declared by the board of directors.

Reserved Shares of Common Stock

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

	December 31, 2025	December 31, 2024
Options issued and outstanding	1,365,002	1,521,857
Shares available for future option grants	249,349	545,525
RSUs subject to future vesting	1,294,166	987,965
Common stock warrants	—	18,461
Total	2,908,517	3,073,808

Warrants

In connection with the Company’s prior credit facility with Ares Venture Finance entered into in June 2015, the Company issued Ares Venture Finance a warrant to purchase 18,461 shares of the Company’s common stock at an exercise price of $26.00 per share. The warrant expired on June 5, 2025.