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Balance Sheet Components (Tables)
6 Months Ended
Jun. 30, 2023
Balance Sheet Components [Abstract]  
Schedule of Prepaid Expenses and Other Current Assets

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

 

 

 

June 30, 2023

 

 

December 31, 2022

 

Prepaid expenses

 

$

278

 

 

$

223

 

Prepaid insurance

 

 

300

 

 

 

977

 

Prepaid research and development expenses

 

 

262

 

 

 

1,088

 

Australia research and development refundable tax credit

 

 

 

 

 

1,003

 

Other current assets

 

 

143

 

 

 

276

 

Total prepaid expenses and other current assets

 

$

983

 

 

$

3,567

 

Schedule of Assets Held for Sale

Assets held for sale consist of the following (in thousands):

 

 

 

June 30, 2023

 

 

December 31, 2022

 

Assets held for sale

 

 

94

 

 

 

 

Total assets held for sale

 

$

94

 

 

$

 

Schedule of Property and Equipment, Net

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

 

 

 

June 30, 2023

 

 

December 31, 2022

 

Computer equipment

 

$

18

 

 

$

18

 

Lab equipment

 

 

 

 

 

415

 

Finance lease right of use assets

 

 

 

 

 

124

 

Leasehold improvement

 

 

 

 

 

21

 

Less: accumulated amortization and depreciation

 

 

(12

)

 

 

(185

)

Property and equipment, net

 

$

6

 

 

$

393

 

 

Schedule of Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities consist of the following (in thousands):

 

 

 

June 30, 2023

 

 

December 31, 2022

 

Personnel expenses

 

$

736

 

 

$

1,130

 

Professional fees

 

 

548

 

 

 

234

 

Research and development expenses

 

 

85

 

 

 

497

 

Current portion of operating lease liabilities

 

 

147

 

 

 

377

 

Current portion of finance lease liability

 

 

 

 

 

76

 

Other

 

 

83

 

 

 

185

 

Total accrued expenses and other current liabilities

 

$

1,599

 

 

$

2,499

 

Summary of Accrued Severance and Related Expenses

Below is the severance accrual activity related to a cost reduction program during the period ended June 30, 2023 (in thousands):

 

 

For the Six Months
Ended June 30,

 

 

 

2023

 

Beginning accrued severance

 

$

 

Incurred during the period

 

 

268

 

Severance paid during the period

 

 

(268

)

Ending accrued severance

 

$