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

10. Common Stock

The Company is authorized to issue up to 700,000,000 shares of common stock at June 30, 2026 and December 31, 2025, of which 88,306,390 and 80,689,128 shares were issued and outstanding at June 30, 2026 and December 31, 2025, respectively.

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 the preferred stock, of which there are none as of June 30, 2026 and December 31, 2025.

Dividends

The holders of common stock shall be entitled to receive dividends out of funds legally available therefore at such times and in such amounts as the board of directors may determine in its sole discretion.

Liquidation Rights

Upon any voluntary or involuntary liquidation, dissolution or winding-up of the Company or deemed liquidation event of the Company, all of the remaining assets of the Company available for distribution to the stockholders shall be distributed among the holders of the common stock, pro rata based on the number of shares held by each such holder.

Reserved Shares

As of June 30, 2026, the Company reserved the following shares of common stock for issuance:

 

 

 

June 30,

 

 

 

2026

 

Stock options and awards outstanding

 

 

8,392,256

 

Reserved for future stock award issuances

 

 

6,368,754

 

Reserved for future ESPP issuances

 

 

1,481,534

 

Total

 

 

16,242,544