Note 6. Balance Sheet Components Prepaid Expenses and Other Current Assets Prepaid expenses and other current assets consisted of the following (in thousands): | | | | | | | | | June 30, | | December 31, | | | 2024 | | 2023 | Prepaid clinical and research related expenses | | $ | 2,872 | | $ | 649 | Prepaid insurance | | | 880 | | | 1,410 | Prepaid licenses | | | 731 | | | 529 | Other prepaid expenses | | | 1,075 | | | 1,040 | Other receivable | | | 1,327 | | | 332 | Prepaid expenses and other current assets | | $ | 6,885 | | $ | 3,960 |
Property and Equipment, Net Property and equipment, net consisted of the following (in thousands): | | | | | | | | | June 30, | | December 31, | | | 2024 | | 2023 | Laboratory equipment | | $ | 5,625 | | $ | 5,323 | Furniture and computer equipment | | | 1,316 | | | 1,143 | Leasehold improvements | | | 1,536 | | | 963 | Total property and equipment | | | 8,477 | | | 7,429 | Accumulated depreciation | | | (6,697) | | | (6,234) | Property and equipment, net | | $ | 1,780 | | $ | 1,195 |
Accrued Expenses and Other Payables Accrued expenses and other payables consisted of the following (in thousands): | | | | | | | | | June 30, | | December 31, | | | 2024 | | 2023 | Accrued clinical and research related expenses | | $ | 8,821 | | $ | 11,841 | Accrued employee related expenses | | | 5,446 | | | 6,786 | Accrued professional service fees | | | 796 | | | 632 | Other | | | 112 | | | 99 | Total accrued expenses and other payables | | $ | 15,175 | | $ | 19,358 |
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