v3.25.1
Stockholders’ Equity
3 Months Ended
Mar. 31, 2025
Equity [Abstract]  
Convertible Preferred Stock and Stockholders' Deficit Stockholders’ Equity
Common and Preferred Stock
The Company’s amended and restated certificate of incorporation authorizes the issuance of up to 175,000,000 shares of $0.0001 par value common stock and up to 25,000,000 shares of $0.0001 par value undesignated preferred stock. The Board may designate the rights, preferences, privileges, and restrictions of the preferred stock, including dividend rights, conversion rights, voting rights, terms of redemption, liquidation preference, and number of shares constituting any series or the designation of any series. The issuance of preferred stock could have the effect of restricting dividends on the Company’s common stock, diluting the voting power of the Company’s common stock, impairing the liquidation rights of the Company’s common stock, or delaying or preventing a change in control. As of March 31, 2025, no shares of preferred stock were outstanding.
Each share of common stock entitles the holder to one vote, together with the holders of any preferred stock, on all matters submitted to the stockholders for a vote. Common stockholders are also entitled to receive dividends. As of March 31, 2025, no cash dividends have been declared or paid.
Reserved Shares
As of March 31, 2025, the Company has reserved the following shares of common stock for future issuance:
Shares reserved for future issuance under the 2024 Equity Incentive and Employee Stock Purchase Plan2,995,694
Stock options outstanding2,215,308
Restricted stock vesting4,277
Warrants142
Total5,215,421