Balance Sheet Components

6 Months Ended

Jun. 30, 2022

Balance Sheet Related Disclosures [Abstract]

Balance Sheet Components

Balance Sheet Components

Property and Equipment, Net

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

	June 30, 2022		December 31, 2021
	(Unaudited)
Construction in progress	$	142,893	$	104,340
Leasehold improvements	5,736		5,723
Furniture and fixtures	900		891
Computer equipment and software	96		85
Laboratory and manufacturing equipment	6,740		5,530
Total property and equipment	156,365		116,569
Accumulated depreciation and amortization	(5,151)		(4,214)
Property and equipment, net	$	151,214	$	112,355

Depreciation expense was $494 thousand and $956 thousand for the three and six months ended June 30, 2022 and $475 thousand and $914 thousand for the three and six months ended June 30, 2021, respectively.

Accrued Expenses and Other Current Liabilities

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

	June 30, 2022		December 31, 2021
	(Unaudited)
Accrued construction in progress	$	14,631	$	9,606
Accrued professional fees	3,812		2,011
Accrued payroll and benefits	2,896		2,882
Accrued preclinical and clinical expenses	2,094		1,602
Accrued financing costs	29		26
Accrued taxes	22		83
Other current liabilities	297		87
Total	$	23,781	$	16,297