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Balance Sheet Details
12 Months Ended
Dec. 31, 2021
Balance Sheet Related Disclosures [Abstract]  
Balance Sheet Details

Note 2. Balance Sheet Details

Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consist of the following (in thousands):

 

 

 

December 31,

 

 

 

2021

 

 

2020

 

Prepaid research and development

 

$

1,241

 

 

$

4,473

 

Prepaid expenses

 

 

578

 

 

 

610

 

Other current assets

 

 

468

 

 

 

570

 

Interest receivable

 

 

26

 

 

 

194

 

Total prepaid expenses and other current assets

 

$

2,313

 

 

$

5,847

 

Property and Equipment, Net

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

 

 

 

December 31,

 

 

 

2021

 

 

2020

 

Laboratory equipment

 

$

1,112

 

 

$

1,104

 

Computer equipment and software

 

 

215

 

 

 

215

 

Furniture and fixtures

 

 

178

 

 

 

178

 

Leasehold improvements

 

 

146

 

 

 

146

 

Property and equipment, gross

 

 

1,651

 

 

 

1,643

 

Less accumulated depreciation and amortization

 

 

(1,304

)

 

 

(1,009

)

Property and equipment, net

 

$

347

 

 

$

634

 

 

Depreciation expense was $0.3 million during each of the years ended December 31, 2021 and 2020, respectively.

 

 

Accrued Liabilities

Accrued liabilities consist of the following (in thousands):

 

 

 

December 31,

 

 

 

2021

 

 

2020

 

Accrued research and development

 

$

4,250

 

 

$

676

 

Accrued compensation

 

 

1,653

 

 

 

1,671

 

Other accrued liabilities

 

 

664

 

 

 

604

 

Total accrued liabilities

 

$

6,567

 

 

$

2,951