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Consolidated Statements of Convertible Preference Shares and Stockholders' Equity (Deficit) - USD ($)
$ in Thousands
Total
IPO
Class B Convertible Preference Stock
Class C Convertible Preference Stock
Common Stock
Common Stock
IPO
Common Stock
Class A Ordinary Shares
Additional Paid-In Capital
Additional Paid-In Capital
IPO
Other Comprehensive Loss
Accumulated Deficit
Temporary equity, Balance at Dec. 31, 2019     $ 22,060                
Temporary equity, Balance, shares at Dec. 31, 2019     366,301                
Balance at Dec. 31, 2019 $ (23,531)       $ 0   $ 28 $ 1,504   $ 1,297 $ (26,360)
Balance, shares at Dec. 31, 2019             177,200        
Temporary equity, Issuance of preference shares, net of issuance costs     $ 5,573                
Temporary equity, Issuance of preference shares, net of issuance costs, shares     75,845                
Temporary equity, issuance of shares upon conversion of securities     $ 10,273                
Temporary equity, issuance of shares upon conversion of securities, shares     142,437                
Issuance of common stock (458)             (458)      
Equity-based compensation expense 64             64      
Currency translation 664                 664  
Net loss (12,042)                   (12,042)
Temporary equity, Balance at Dec. 31, 2020     $ 37,906                
Temporary equity, Balance, shares at Dec. 31, 2020     584,583                
Balance at Dec. 31, 2020 (35,303)       0   $ 28 1,110   1,961 (38,402)
Balance, shares at Dec. 31, 2020             177,200        
Temporary equity, Issuance of class C preference shares, net of issuance costs of $340 and adjusted for settlement of tranche obligation of $28,276 of which $25,908 is non-cash       $ 175,509              
Temporary equity, Issuance of class C preference shares, net of issuance costs of $340 and adjusted for fair value of tranche obligation of $25,908 at non-cash settlement, shares       1,194,864              
Temporary equity, issuance of shares upon conversion of securities     $ (37,906) $ (175,509)              
Temporary equity, issuance of shares upon conversion of securities, shares     (584,583) (1,194,864)              
Exchange of preferred and ordinary shares of IO Biotech ApS into common stock of IO Biotech, Inc. 213,415       $ 21   $ (28) 213,422      
Exchange of preferred and ordinary shares of IO Biotech ApS into common stock of IO Biotech, Inc., shares         20,592,413   (177,200)        
Issuance of common stock, shares         354 8,222,500          
Issuance of common stock 0 $ 103,350     $ 0 $ 8     $ 103,342    
Equity-based compensation expense 1,791             1,791      
Currency translation (3,450)                 (3,450)  
Net loss (67,879)                   (67,879)
Temporary equity, Balance, shares at Dec. 31, 2021     0                
Balance at Dec. 31, 2021 $ 211,924       $ 29     $ 319,665   $ (1,489) $ (106,281)
Balance, shares at Dec. 31, 2021         28,815,267