Stockholders’ equity

12 Months Ended

Dec. 31, 2021

Equity [Abstract]

Stockholders’ equity (Deficit)

Note 7. Stockholders’ equity

Upon closing of the IPO, all of the Company's outstanding shares of redeemable convertible preferred stock automatically converted into 22,460,076 shares of common stock. As of December 31, 2021 and 2020, there were no shares of redeemable convertible preferred stock issued and outstanding.

On July 28, 2020, in connection with the IPO, the Company filed a restated Certificate of Incorporation, which, among other things, restated the number of shares of all classes of stock that the Company has authority to issue to 160,000,000 shares, of which (i) 150,000,000 shares shall be a class designated as common stock, par value $0.001 per share, and (ii) 10,000,000 shares shall be a class designated as undesignated preferred stock, par value $0.001 per share. Each share of common stock entitles the holders to one vote on all matters submitted to a vote of the Company’s stockholders. Common stockholders are not entitled to receive dividends, unless declared by the board of directors.