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Stockholders' Equity
6 Months Ended
Jun. 30, 2022
Stockholders' Equity Note [Abstract]  
Stockholders Equity

8. Stockholders' Equity

 

Common Stock

 

The Company is authorized to issue up to 900,000,000 shares of common stock having a par value of $0.0001 par value as of June 30, 2022 and December 31, 2021. Holders of outstanding shares of common stock are entitled to one vote for each share of common stock held at all meetings of stockholders. Prior to the Company's IPO, the common stockholders were not entitled to vote on any amendment to the Second Amended and Restated Certificate of Incorporation that related solely to the terms of one or more outstanding series of Preferred Stock if the holders of such affected series are entitled to vote thereon. Subject to the rights of the holders of any class of the Company's capital stock having any preference or priority over common stock, the holders of common stock are entitled to receive dividends that are declared by the Company's board of directors out of legally available funds.

 

Common stock reserved for future issuance is as follows (in common stock equivalents shares) as of June 30, 2022:

 

 

 

June 30,

 

 

 

2022

 

Issued and outstanding:

 

 

 

Stock options

 

 

7,399,965

 

Restricted stock awards

 

 

60,884

 

Restricted stock units

 

 

678,837

 

Authorized for future stock award grants:

 

 

 

2021 Equity Incentive Plan

 

 

1,982,763

 

2021 Employee Stock Purchase Plan

 

 

500,926

 

Total

 

 

10,623,375