Stockholders' Deficit

12 Months Ended

Dec. 31, 2024

Stockholders' Deficit

Stockholders' Deficit

9. Stockholders’ Deficit

Warrants

As of December 31, 2024 outstanding warrants to purchase shares of Common Stock were as follows:

Shares	Exercise Price		Expiration Date
993,139	$	2.87	February 11, 2025
7,717,661	$	2.87	March 27, 2025
1,867,912	$	3.25	January 26, 2026
4,285,935	$	3.25	March 16, 2026
1,807,396	$	5.00	February 8, 2027
2,692,604	$	5.00	March 30, 2027
1,200	$	1,680.00	None
19,365,847

Shares Reserved for Future Issuance

As of December 31, 2024 and 2023, the Company had reserved shares of its Common Stock for future issuance as follows:

	December 31, 2024	December 31, 2023
Stock options outstanding	3,755,965	3,165,216
Unvested restricted stock units	220,000	200,000
Shares issuable under the Employee Stock Purchase Plan	11,890	9,748
Shares available for future grants under the 2016 Plan	3,405,908	2,368,160
Warrants outstanding	19,365,847	19,365,847
Shares issuable upon the conversion of the Convertible Loan(1)	22,899,123	21,293,861
Total shares reserved	49,658,733	46,402,832