Stock-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2022

Share-Based Payment Arrangement [Abstract]

Summary of Stock Options Activity

Stock option activity under the 2020 Plan and 2022 Plan, is as follows:

	Stock Options			Weighted-Average Exercise Price
Outstanding as of December 31, 2021		1,898,084		$	7.46
Granted		1,321,986		$	11.90
Exercised		—		$	—
Canceled/Forfeited		(14,692	)	$	8.80
Outstanding as of June 30, 2022		3,205,378		$	9.29

Summary of Stock-based Compensation Expense

Stock based compensation expense recognized for stock option grants included in the accompanying condensed consolidated statements of operations and comprehensive loss is as follows (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Research and development	$	372	$	17	$	628	$	40
General and administrative		857		312		1,415		477
Total stock-based compensation expense	$	1,229	$	329	$	2,043	$	517