Stockholders' Equity

3 Months Ended

Mar. 31, 2024

Stockholders' Equity Note [Abstract]

Stockholders' Equity

Stockholders’ Equity

Sales of Common Stock

On October 23, 2023, certain entities affiliated with Baker Bros. Advisors LP (the “Baker Entities”) net exercised the remaining balance of the pre-funded warrants held by such Baker Entities that were issued on November 21, 2019. Additionally, certain of the Baker Entities net exercised all of the pre-funded warrants that were issued on June 1, 2020. The exercises resulted in the issuance of 14,997 common shares. Following the exercises, there are no outstanding warrants.

Shares Reserved for Future Issuance of Common Stock

The Company had reserved shares of common stock for issuance as follows (in thousands):

	March 31, 2024	December 31, 2023
Shares reserved for exercises of outstanding stock options	39,580	41,032
Shares reserved for vesting of restricted stock units	6,124	6,507
Shares reserved for future issuance under the Stock Incentive Plan	4,628	3,376
Shares reserved for future issuance under the Inducement Equity Incentive Plan	1,903	1,651
Shares reserved for future issuance under the Employee Stock Purchase Plan	5,203	5,454
Total shares reserved for future issuance	57,438	58,020