XML 59 R50.htm IDEA: XBRL DOCUMENT v3.24.3
Equity-Based Compensation - Additional Information (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Aug. 20, 2020
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]          
Equity-based compensation expense $ 14,904 $ 11,655 $ 41,213 $ 32,220  
Research and Development Expense          
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]          
Equity-based compensation expense 7,604 5,795 20,944 16,227  
General and Administrative          
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]          
Equity-based compensation expense 7,300 5,860 20,269 15,993  
Employee Stock Option          
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]          
Intrinsic value of stock options exercised $ 10,400 $ 1,100 $ 19,000 $ 7,900  
Weighted-average fair value of options granted $ 29.36 $ 13.35 $ 26.03 $ 18.19  
Unrecognized stock-based compensation expense $ 80,700   $ 80,700    
Unrecognized compensation cost, recognition period     2 years 1 month 6 days    
Equity-based compensation expense 12,382 $ 10,371 $ 34,985 $ 28,990  
Employee Stock Option | Research and Development Expense          
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]          
Equity-based compensation expense 5,950 4,931 16,925 14,091  
Employee Stock Option | General and Administrative          
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]          
Equity-based compensation expense $ 6,432 $ 5,440 $ 18,060 $ 14,899  
Restricted Stock          
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]          
Unrecognized compensation cost, recognition period     2 years 3 months 18 days    
Granted 152,288 129,570 396,272 393,556  
Unrecognized stock-based compensation expense $ 19,900   $ 19,900    
Equity-based compensation expense 2,300 $ 1,100 5,600 $ 2,600  
Restricted Stock | Research and Development Expense          
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]          
Equity-based compensation expense 1,500 700 3,600 1,700  
Restricted Stock | General and Administrative          
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]          
Equity-based compensation expense $ 800 $ 400 $ 2,000 $ 900  
2020 Plan          
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]          
Number of shares authorized for issuance under plan         4,457,370
Maximum number of shares to be issued, percentage     4.00%    
Shares remaining available for future grants 3,455,849   3,455,849    
2020 ESPP          
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]          
Number of shares authorized for issuance under plan         445,653
Shares remaining available for future grants 1,957,168   1,957,168    
Share-based compensation, description     The 2020 ESPP initially reserved and authorized the issuance of up to a total of 445,653 shares of common stock to participating employees. The 2020 ESPP provides that the number of shares reserved and available for issuance will automatically increase on January 1, 2021 and each January 1 thereafter through January 1, 2030, by the lesser of (i) 438,898 shares of common stock, (ii) 1% of the Company’s outstanding number of shares of common stock on the immediately preceding December 31 or (iii) such lesser number of shares of common stock as determined by the administrator of the 2020 ESPP    
2020 ESPP | Lesser of Potential Outcome 1          
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]          
Maximum number of shares to be issued, percentage     1.00%    
Number of additional shares authorized     438,898    
2018 Plan | Restricted Stock          
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]          
Granted     396,272