v3.26.1
Common Stock
6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Common Stock

10. Common Stock

As of June 30, 2026, the Company is authorized to issue 500,000,000 shares of $0.0001 par value common stock. Each share of common stock is entitled to one vote. The holders of common stock are also entitled to receive dividends whenever funds are legally available and when declared by the board of directors.

In February 2026, the Company received net proceeds of $117.2 million from the issuance of 4,494,279 shares of common stock in a private placement at a price of $27.88 per share.

The Company has reserved common stock for future issuance as follows:

 

 

 

June 30, 2026

 

 

December 31, 2025

 

Outstanding options

 

 

7,476,614

 

 

 

6,598,693

 

Outstanding restricted stock

 

 

328,318

 

 

 

328,318

 

Options available for grants

 

 

780,235

 

 

 

345,347

 

Total

 

 

8,585,167

 

 

 

7,272,358