Balance Sheet Accounts and Supplemental Disclosures

9 Months Ended

Sep. 30, 2022

Balance Sheets Accounts And Supplemental Disclosures [Abstract]

Balance Sheet Accounts and Supplemental Disclosures

Balance Sheet Accounts and Supplemental Disclosures

Property and Equipment

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

	Estimated Useful Life (in years)	September 30, 2022		December 31, 2021
Office equipment	3-7	$	1,097	$	1,097
Computer equipment	5	123		123
Software	3	130		130
Lab equipment	2-5	6,044		5,688
Leasehold improvements	6-7	2,562		2,562
Total property and equipment		9,956		9,600
Less: accumulated depreciation		5,651		4,280
Property and equipment, net		$	4,305	$	5,320

For each of the three months ended September 30, 2022 and 2021 the Company recorded approximately $0.5 million in depreciation expense, and for the nine months ended September 30, 2022 and 2021, the Company recorded approximately $1.4 million and $1.3 million, respectively, in depreciation expense, in each case, which is included in general and administrative expense and research and development expense on the consolidated statements of operations and comprehensive loss.

Accrued Expenses and Other Current Liabilities

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

	As of
	September 30, 2022		December 31, 2021
Accrued compensation and benefits	$	10,501	$	11,916
Operating lease liabilities	2,907		2,902
Debt, current	11,613		—
Accrued consulting fees	1,433		956
Accrued interest	3,549		1,066
Accrued legal fees	251		202
Accrued litigation liability	—		2,375
Accrued accounting fees	429		154
Accrued other	853		839
Total accrued expenses and other current liabilities	$	31,536	$	20,410