| Stockholders’ Equity |
Stockholders’ Equity Common Stock The holders of our common stock have one vote for each share of common stock. Common stockholders are entitled to dividends when, as, and if declared by our Board of Directors (the “Board”). As of March 31, 2026, no dividends had been declared by the Board. On June 16, 2025, our stockholders authorized an increase in the number of authorized shares of common stock of the Company from 150,000,000 to 400,000,000. The increase in our authorized shares did not impact our number of issued or outstanding shares of common stock. Our common stock shares reserved for future issuance consisted of the following as of the dates indicated: | | | | | | | | | | | | | March 31, 2026 | | December 31, 2025 | | Shares available for grant under equity incentive plans | 5,424,894 | | | 1,160,627 | | | Options issued and outstanding under equity incentive plans | 1,997,466 | | | 1,997,466 | | | Unvested restricted stock units | 4,231,544 | | | 4,121,525 | | | Vested restricted stock units not yet settled | — | | | 2,002,582 | | | Maximum number of shares issuable to GlowUp sellers pursuant to acquisition indemnity holdback | 249,116 | | | 249,116 | | | Total common stock reserved for future issuance | 11,903,020 | | | 9,531,316 | |
During the three months ended March 31, 2026, we sold shares of our common stock pursuant to our previously registered and announced at-the-market offering (the “ATM”), selling a total of 1,389,751 shares for net proceeds of $2.5 million. On February 23, 2026, we increased the availability under the ATM to $200 million worth of our common stock. As of March 31, 2026, we had $197.2 million of remaining capacity under the ATM.
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