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Common stock
12 Months Ended
Dec. 31, 2023
Common stock.  
Common stock

10. Common stock

As of December 31, 2023 and 2022, the Company had authorized 120,000,000 shares of common stock, at $0.001 par value per share.

General

The voting, dividend and liquidation rights of the holders of the common stock are subject to and qualified by the rights, powers and preferences of the holders of preferred stock. The common stock has the following characteristics:

Liquidation

The holders of shares of common stock are entitled to share ratably in the Company’s remaining assets available for distribution to its stockholders in the event of any voluntary or involuntary liquidation, dissolution or winding up of the Company or upon occurrence of a deemed liquidation event.

Shares Reserved For Future Issuance

As of December 31, 

    

2023

    

2022

 

Shares reserved for vesting of restricted stock awards under the Founder Agreements

 

22,500

45,000

Shares reserved for exercise of outstanding stock options

 

7,425,444

6,199,571

 

Shares reserved for vesting of outstanding restricted stock units

 

1,370,897

1,112,563

 

Shares reserved for issuances under the 2015 Stock Option Plan

3,572,195

3,536,932

Shares reserved for issuances under the 2015 Employee Stock Purchase Plan

2,158,966

1,884,309

 

14,550,002

12,778,375