Stock-Based Compensation

3 Months Ended

Mar. 31, 2022

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

Stock-Based Compensation

7. Stock-Based Compensation

2021 Equity Incentive Plan

In January 2022, the common stock available for issuance under the 2021 Equity Incentive Plan automatically increased by 5% of the total number of shares of the Company’s capital stock outstanding on December 31, 2021, or 1,911,215 shares.

2021 Employee Stock Purchase Plan

In January 2022, the common stock available for issuance under the 2021 Employee Stock Purchase Plan automatically increased by 1% of the total number of shares of the Company’s capital stock outstanding on December 31, 2021, or 382,243 shares.

Stock-Based Compensation Expense

The Company recognized stock-based compensation as follows (in thousands):

	Three Months Ended March 31,
	2022		2021
Research and development	$	974	$	163
General and administrative		835		184
Total stock-based compensation expense	$	1,809	$	347