Common Stock

The Company is authorized to issue 160,000,000 shares of common stock. Holders of common stock are entitled to one vote per share. Holders of common stock are entitled to receive dividends, if and when declared by the Board of Directors.

As of December 31, 2018 and 2017, the Company had reserved for future issuance the following number of shares of common stock (in thousands):



	December 31,
	2018	2017
Shares reserved for vesting of restricted stock awards	7	16
Shares reserved for vesting of restricted stock units	371	—
Shares reserved for exercises of outstanding stock options	5,023	4,868
Shares reserved for future issuances under the 2017 Stock Option and Incentive Plan	1,114	1,032
Total shares reserved for future issuance	6,515	5,916