Stockholders' Equity (Deficit)

6 Months Ended

Jun. 30, 2022

Equity [Abstract]

Stockholders' Equity (Deficit)

9. Stockholders’ EQUITY (DEFICIT)

Common Stock

Each share of common stock entitles the holder to one vote on all matters submitted to a vote of the Company’s stockholders provided, however, that, except as otherwise required by law, holders of common stock shall not be entitled to vote on any amendment to the Corporation’s Certificate of Incorporation that relates solely to the terms of one or more outstanding series of Preferred Stock if the holders of such affected series are entitled, either separately or together with the holders of one or more other such series, to vote thereon pursuant to the Certificate of Incorporation or pursuant to the Delaware General Corporation Law. Common stockholders are entitled to receive dividends, as may be declared by the Company’s Board of Directors, if any, subject to the preferential dividend rights of the Preferred Stock. No dividends have been declared or paid during the six months ended June 30, 2022 and 2021.

The Company had reserved shares of common stock for issuance in connection with the following:

	June 30, 2022		December 31, 2021
Common stock authorized		300,000,000		56,500,000
Common stock issued and outstanding		58,533,226		7,020,487
Common stock authorized and reserved for future issuances:
Series A redeemable convertible preferred stock		—		6,407,256
Series B redeemable convertible preferred stock		—		16,746,059
Series C-1 redeemable convertible preferred stock		—		13,150,430
Series C-2 redeemable convertible preferred stock		—		3,170,585
Common stock reserved for the exercise of stock options		8,528,039		5,339,011
Common stock reserved for the unvested restricted stock units		670,013		—
Common stock reserved for future issuance of share-based awards		3,121,919		1,444,492
Total common stock authorized and reserved for future issuance		12,319,971		46,257,833
Unreserved common stock available for future issuance		229,146,803		3,221,680