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Common Stock
12 Months Ended
Dec. 31, 2021
Stockholders Equity Note [Abstract]  
Common Stock

8. Common Stock

As of December 31, 2021 and December 31, 2020, the Company’s certificate of incorporation authorized the Company to issue 300,000,000 shares of common stock at a par value of $0.0001 per share. Each share of common stock is entitled to one vote. The holders of common stock are also entitled to receive dividends whenever funds are legally available and when declared by the Company’s board of directors. As of December 31, 2021, no dividends have been declared to date.

The Company had reserved common stock for future issuance as follows:

 

 

As of December 31,

 

 

 

2021

 

 

2020

 

Exercise of outstanding options under the 2015 and 2019 Plans

 

 

3,620,666

 

 

 

2,591,456

 

Issuance of common stock options under the 2019 Plan

 

 

922,826

 

 

 

975,135

 

Issuance of common stock options under the Employee Stock Purchase Plan

 

 

602,935

 

 

 

357,600

 

Total

 

 

5,146,427

 

 

 

3,924,191