Balance Sheet Components

3 Months Ended

Mar. 31, 2020

Balance Sheet Related Disclosures [Abstract]

Balance Sheet Components

5. Balance Sheet Components

Property and Equipment, Net

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

	March 31, 2020			December 31, 2019
	(Unaudited)
Construction-in-progress	$	2,299		$	2,431
Leasehold improvements		4,681			3,179
Furniture & fixtures		440			99
Computer equipment and software		67			45
Laboratory equipment		3,958			3,571
Total property and equipment		11,445			9,325
Accumulated depreciation and amortization		(1,181	)		(850	)
Property and equipment, net	$	10,264		$	8,475

Depreciation expense was $335 thousand and $132 thousand for the three months ended March 31, 2020 and 2019, respectively.

Accrued Expenses and Other Current Liabilities

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

	March 31, 2020		December 31, 2019
	(Unaudited)
Accrued preclinical and clinical expenses	$	745	$	991
Accrued professional fees		76		72
Accrued payroll and benefits		812		510
Accrued taxes		50		40
Accrued construction in progress and laboratory equipment		1,020		491
Other current liabilities		213		19
Total	$	2,916	$	2,123