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Common Stock
12 Months Ended
Dec. 31, 2024
Equity [Abstract]  
Common Stock

9. Common stock

Each share of common stock entitles the holder to one vote on all matters submitted to a vote of the Company’s stockholders. Common stockholders are entitled to receive dividends, as may be declared by the board of directors, if any, subject to the preferential dividend rights of the Preferred Stock.

As of December 31, 2024 and 2023, the Company’s amended and restated certificate of incorporation authorized the issuance of 500,000,000 and 40,664,346 shares, respectively, of $0.001 par value common stock. As of December 31, 2024 and 2023, there were 53,603,398 shares and 2,992,479 shares of common stock issued and outstanding, respectively.

In November 2023, the Company issued 20,980 shares of common stock to a related party investor. The Company recorded stock-based compensation expense of $0.1 million in connection with the issuance of these shares (Note 16).