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Stockholders' Equity (Tables)
3 Months Ended
Mar. 31, 2025
Equity [Abstract]  
Schedule of Shares of Common Stock Available for Future Issuance

Common stock reserved for future issuance, on an as-if-converted basis, were as follows:

 

 

As of March 31,
2025

 

 

As of December 31,
2024

 

Stock options outstanding

 

 

11,578,904

 

 

 

7,707,342

 

RSUs and PSUs outstanding

 

 

2,726,824

 

 

 

1,818,994

 

Shares available for future grants under equity incentive plans

 

 

2,018,216

 

 

 

2,181,235

 

Shares available for future issuance under the employee stock purchase plan

 

 

3,285,644

 

 

 

2,087,150

 

Warrants to purchase common stock outstanding

 

 

517,078

 

 

 

517,078

 

Pre-funded warrants to purchase common stock outstanding

 

 

11,231,081

 

 

 

4,331,081

 

Conversion feature related to outstanding term loan

 

 

1,112,546

 

 

 

1,112,546

 

Total available for future issuance

 

 

32,470,293

 

 

 

19,755,426

 

 

Schedule of Outstanding Warrants to Purchase Shares of Common Stock

As of March 31, 2025, outstanding warrants to purchase shares of our common stock were as follows:

Shares of
Common Stock
Underlying
Warrants

Exercise Price
Per Share

Expiration
Date

Warrant issued in connection with term loan (SVB)

25,000

 

$22.06

 

June 30, 2025

Warrant issued in connection with term loan (SVB)

33,923

 

$19.12

 

May 28, 2031

Warrants issued in connection with Term Loan Facility

51,204

 

$9.7649

 

January 27, 2033

Warrants issued in connection with amended Term Loan Facility

 

406,951

 

$7.3719

 

September 30, 2034

Pre-funded warrants issued in connection with public offerings

11,231,081

 

$0.001

 

Do not expire

Total outstanding

11,748,159