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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2022
Share-based Payment Arrangement [Abstract]  
Summary of Stock-Based Compensation Expense

Total stock-based compensation expense related to the Company’s equity incentive plans and employee stock purchase plan was recorded in the statements of operations as follows (in thousands):

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Research and development

 

$

6,335

 

 

$

2,645

 

 

$

12,942

 

 

$

4,510

 

General and administrative

 

 

4,951

 

 

 

2,964

 

 

 

9,843

 

 

 

6,603

 

Total stock-based compensation expense

 

$

11,286

 

 

$

5,609

 

 

$

22,785

 

 

$

11,113

 

Summary of Company's stock awards granted

The following table summarizes the Company's stock awards granted for each of the periods indicated:

 

 

 

For the Six Months Ended June 30,

 

 

 

2022

 

 

2021

 

 

 

Grants

 

 

Weighted-
Average
Grant Date
Fair Value

 

 

Grants

 

 

Weighted-
Average
Grant Date
Fair Value

 

Stock options

 

 

2,047,082

 

 

$

12.99

 

 

 

809,472

 

 

$

63.70

 

Restricted stock units

 

 

376,468

 

 

$

16.07

 

 

 

1,932

 

 

$

79.94