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Supplemental Balance Sheet Information (Tables)
12 Months Ended
Dec. 31, 2020
Balance Sheet Related Disclosures [Abstract]  
Summary of Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consisted of the following:

 

 

 

December 31,

 

 

 

2020

 

 

2019

 

Tax incentive refund

 

$

2,558

 

 

$

1,916

 

Prepaid research and development expenses

 

 

3,145

 

 

 

4,915

 

Prepaid insurance

 

 

973

 

 

 

897

 

Prepaid compensation benefits

 

 

609

 

 

 

362

 

Interest income receivable

 

 

4

 

 

 

224

 

Other current assets

 

 

271

 

 

 

344

 

 

 

$

7,560

 

 

$

8,658

 

Summary of Property and Equipment, Net

Property and equipment, net consisted of the following:

 

 

 

December 31,

 

 

 

2020

 

 

2019

 

Laboratory and office equipment

 

$

3,965

 

 

$

3,456

 

Leasehold improvements

 

 

1,377

 

 

 

1,340

 

Computer equipment

 

 

143

 

 

 

134

 

 

 

 

5,485

 

 

 

4,930

 

Less: Accumulated depreciation and amortization

 

 

(2,421

)

 

 

(1,234

)

Property and equipment, net

 

$

3,064

 

 

$

3,696

 

Summary of Restricted Cash

As of December 31, 2020 and 2019, the Company had restricted cash as presented in the table below, which consists of cash used to secure letters of credit for the benefit of the landlord in connection with the Company’s lease agreements. The cash will be restricted until the termination or modification of the lease arrangement.

 

 

 

December 31,

 

 

 

2020

 

 

2019

 

Restricted cash

 

$

492

 

 

$

492

 

Summary of Accrued Expenses

Accrued expenses consisted of the following:

 

 

 

December 31,

 

 

 

2020

 

 

2019

 

Compensation and benefit costs

 

$

6,402

 

 

$

3,028

 

Research and development expenses

 

 

5,847

 

 

 

5,794

 

Consulting and professional fees

 

 

1,096

 

 

 

917

 

Other liabilities

 

 

348

 

 

 

115

 

 

 

$

13,693

 

 

$

9,854