v3.25.4
Common Stock
 12 Months Ended
Dec. 31, 2024
Common Stock [Abstract]  
Common Stock

Note 8 — Common Stock

 

As of December 31, 2024 and December 31, 2023, the Company’s certificate of incorporation, as adjusted for recapitalizations (see Note 16), authorized issuance of 600,000,000 shares of 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, subject to prior rights of the preferred stockholders. As of December 31, 2024, no dividends have been declared to date.

 

The Company reserved shares of common stock, as adjusted for the recapitalization and the Reverse Stock Split (see Note 17), on an as-converted basis, for future issuance as follows:

 

   December 31,
2024		   December 31,
2023		 
Conversion of Series A preferred stock   20,060    20,060 
Conversion of Series B preferred stock   24,408    24,408 
Conversion of Series C/C-1 preferred stock   37,907    37,907 
Outstanding options under 2010 Plan   13,705    13,751 
Issuance of options under the 2010 Plan   7,194    7,148 
    103,274    103,274