v3.25.4
Common stock
12 Months Ended
Dec. 31, 2025
Common stock.  
Common stock

10. Common stock

As of December 31, 2025, and 2024, the Company had authorized 120,000,000 shares of common stock, at $0.001 par value per share.

The voting, dividend and liquidation rights of the holders of the common stock are subject to and qualified by the rights, powers and preferences of the holders of preferred stock.

The holders of shares of common stock are entitled to share ratably in the Company’s remaining assets available for distribution to its stockholders in the event of any voluntary or involuntary liquidation, dissolution or winding up of the Company or upon occurrence of a deemed liquidation event.

Shares Reserved for Future Issuance

As of December 31, 

  ​ ​ ​

2025

  ​ ​ ​

2024

 

Shares reserved for exercise of outstanding stock options

 

9,613,881

8,800,464

 

Shares reserved for vesting of outstanding restricted stock units

 

2,296,920

1,649,943

 

Shares reserved for issuances under the 2025 Stock Option Plan

7,115,477

3,765,132

Shares reserved for issuances under the Amended and Restated 2015 Employee Stock Purchase Plan

1,809,493

2,010,897

 

20,835,771

16,226,436