Stockholders' Equity

6 Months Ended

Jun. 30, 2022

Equity [Abstract]

Stockholders' Equity

8. Stockholders’ Equity

At-the-Market Sales Agreement

On December 3, 2021, the Company entered into an amended and restated sales agreement, which was amended on December 22, 2021 (as amended, the “ATM Sales Agreement”), pursuant to which the Company may issue and sell shares of its common stock by any method permitted by law deemed to be an “at the market offering” as defined in Rule 415 promulgated under the Securities Act of 1933, as amended, through Cantor Fitzgerald & Co., B. Riley Securities, Inc. and H.C. Wainwright & Co., LLC, as sales agents. During the six months ended June 30, 2022, the Company sold an aggregate of 119,581,775 shares of its common stock pursuant to the ATM Sales Agreement for aggregate net proceeds to the Company of approximately $268.6 million. Subsequent to June 30, 2022 and through August 8, 2022, the Company sold an aggregate of 13,523,033 shares of its common stock pursuant to the Amended Sales Agreement for aggregate net proceeds to the Company of approximately $34.0 million.