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Common Stock
3 Months Ended
Mar. 31, 2022
Equity [Abstract]  
Common Stock
10.
COMMON STOCK

As of March 31, 2022 and December 31, 2021, the Company had common stock outstanding of 120,111,678 shares and 119,624,679 shares, respectively. As of both March 31, 2022 and December 31, 2021, the Company was authorized to issue 500,000,000 shares of common stock.

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 and if declared by the board of directors, subject to the prior rights of holders of all classes of stock outstanding. No such dividends have been declared since the Company’s inception.

As of each balance sheet date, the Company had reserved shares of common stock for issuance in connection with the following:

 

 

 

 

 

 

 

 

 

 

March 31,
2022

 

 

December 31,
2021

 

Exercise of Public Warrants and Private Placement Warrants

 

 

15,660,417

 

 

 

15,660,417

 

Warrants to purchase redeemable convertible and common stock
   preferred stock

 

 

 

 

 

115,875

 

Awards outstanding under the equity
   incentive plans

 

 

21,444,664

 

 

 

14,401,983

 

Awards available for future grant under the
   equity incentive plans

 

 

7,931,338

 

 

 

6,673,256

 

Awards available for future grant under the
   employee stock purchase plan

 

 

3,881,838

 

 

 

2,383,437

 

Total

 

 

48,918,257

 

 

 

39,234,968