OTHER BALANCE SHEET COMPONENTS (Tables)

12 Months Ended

Dec. 31, 2023

OTHER BALANCE SHEET COMPONENTS

Schedule of property and equipment

Property and equipment consist of the following (in thousands):

	As of December 31,
	2023		2022
Laboratory equipment	$	1,470	$	7,435
Computer and software		363		2,048
Leasehold improvements, furniture and equipment		—		2,107
Others		36		74
Total property and equipment		1,869		11,664
Less accumulated depreciation and amortization		(1,704)		(10,807)
Property and equipment, net	$	165	$	857

Schedule of intangible assets

Intangible asset consist of the following (in thousands):

	As of December 31,
	2023		2022
Intangible asset cost	$	15,000	$	15,000
Accumulated amortization		(1,122)		(51)
Intangible asset, net	$	13,878	$	14,949

Schedule of estimated future amortization expense of intangible asset

The following table presents the estimated future amortization expense of intangible asset (in thousands):

For the year ending December 31,
2024	$	1,071
2025		1,071
2026		1,071
2027		1,071
2028		1,071
Thereafter		8,523
	$	13,878

Schedule of other accrued liabilities

Other accrued liabilities consist of the following (in thousands):

	As of December 31,
	2023		2022
Accrued commercial expenses	$	1,852	$	3,144
Accrued other expenses		3,482		3,341
Total other accrued liabilities	$	5,334	$	6,485