Prepaid Expenses and Other Current Assets, and Deposits and other assets |
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Prepaid Expenses and Other Current Assets, and Deposits and other assets | 8. Prepaid Expenses and Other Current Assets, and Deposits and other assets Prepaid expenses and other current assets consisted of the following (in thousands):
Deposits and other assets as of September 30, 2022 and December 31, 2021, were $3.2 million and $1.1 million, respectively. As of September 30, 2022, deposits and other assets is mainly comprised of $3.1 million for our right-of-use asset related to our operating lease of 33,000 square feet of research and office space for our corporate headquarters. In June 2022, the Company extended our lease for an additional five-year term. We recorded a modification to our right-of-use asset for the right-to-use the underlying asset for the additional lease term. |