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Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2022
Stock-Based Compensation  
Schedule of stock option activity

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Weighted‑ 

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Weighted‑

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Average

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Average

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Aggregate

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Number of

 

Exercise

 

Contractual

 

Intrinsic

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Shares

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Price

 

Term (in years)

 

Value (in thousands)

Outstanding as of December 31, 2021

 

4,392,836

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$

11.71

 

8.3

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$

6,801

Granted

 

1,885,975

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$

5.44

 

  

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Exercised

 

(161,427)

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$

1.84

 

  

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Forfeited and cancelled

 

(404,117)

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$

12.43

 

  

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Outstanding as of September 30, 2022

 

5,713,267

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$

9.89

 

8.2

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$

5,408

Vested and expected to vest as of September 30, 2022

 

5,713,267

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$

9.89

 

8.2

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$

5,408

Options exercisable as of September 30, 2022

 

2,130,324

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$

10.79

 

7.3

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$

2,500

Schedule of unvested common stock from option early exercises

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Shares

Unvested restricted common stock as of December 31, 2021

 

14,070

Vested

 

(9,927)

Unvested restricted common stock as of September 30, 2022

 

4,143

Schedule of restricted common stock award activity

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Weighted‑

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Average

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Grant‑Date

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Shares

 

Fair Value

Unvested restricted common stock as of December 31, 2021

 

770

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$

0.85

Vested

 

(770)

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0.85

Unvested restricted common stock as of September 30, 2022

 

—

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$

—

Schedule of stock based compensation expense

The Company recorded stock-based compensation expense in the following expense categories of its consolidated statements of operations and comprehensive loss (in thousands):

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Three Months Ended

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Nine Months Ended

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September 30, 

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September 30, 

 

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2022

    

2021

    

2022

    

2021

    

Research and development expenses

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$

1,041

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$

1,031

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$

3,151

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$

3,216

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General and administrative expenses

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1,458

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1,457

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4,733

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3,728

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$

2,499

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$

2,488

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$

7,884

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$

6,944

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