v3.26.1
Common Stock
 6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Common Stock TextBlock
9.
Common Stock

The Company’s certificate of incorporation, as amended and restated, authorizes the Company to issue 700,000,000 shares of common stock, par value $0.001, as of June 30, 2026, of which 500,000,000 is voting and 200,000,000 is designated as non-voting. The holders of voting common stock are entitled to one vote for each share of common stock held.

The number of shares of common stock that have been reserved for the potential conversion of preferred stock, exercise of outstanding stock options granted, warrants, and stock options available for grant under the Company’s 2026 Equity Incentive Plan, or the 2026 Plan, as of June 30, 2026 and December 31, 2025, are as follows:

 

 

 

June 30,

 

 

December 31,

 

 

 

2026

 

 

2025

 

Conversion of Series A

 

 

—

 

 

 

2,580,370

 

Conversion of Series B

 

 

—

 

 

 

1,310,082

 

Conversion of Series C-1

 

 

—

 

 

 

12,421,759

 

Conversion of Series C-2

 

 

—

 

 

 

1,055,847

 

Conversion of Series D

 

 

—

 

 

 

6,550,136

 

Outstanding common stock options

 

 

6,853,621

 

 

 

4,088,900

 

Outstanding common stock warrants

 

 

222,830

 

 

 

222,830

 

Common stock options available for grant

 

 

1,691,333

 

 

 

48,911

 

Total

 

 

8,767,784

 

 

 

28,278,835