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Stockholders' Equity (Deficit)
12 Months Ended
Dec. 31, 2021
Equity [Abstract]  
Stockholders' Equity (Deficit)

10. Stockholders’ Equity (Deficit)

On August 13, 2019, the Company’s board of directors, and on February 26, 2020, the Company’s stockholders, approved the Company’s restated certificate of incorporation, which became effective upon closing of the IPO on March 16, 2020, to authorize 10,000,000 shares of undesignated preferred stock, $0.001 per share par value, and to increase the number of authorized shares of common stock from 100,000,000 to 200,000,000 shares, $0.001 per share par value.

Common stockholders are entitled to receive dividends, as may be declared by the Board, if any, subject to the preferential dividend rights of any preferred stock then outstanding. Through December 31, 2021, no cash dividends have been declared or paid.

As of December 31, 2021, 10,000,000 shares of preferred stock were authorized and no shares of preferred stock were issued or outstanding.

As of December 31, 2021 and December 31, 2020, the Company has reserved for future issuance the following shares of common stock:

 

 

 

December 31,

2021

 

 

December 31,

2020

 

Shares reserved for future issuance under the 2020 Equity Incentive Plan

 

 

1,216,532

 

 

 

1,110,675

 

Shares reserved for future issuance under the 2020 Employee Stock Purchase

   Plan

 

 

175,667

 

 

 

191,363

 

 

 

 

1,392,199

 

 

 

1,302,038