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Balance Sheet Details
9 Months Ended
Sep. 30, 2021
Balance Sheet Related Disclosures [Abstract]  
Balance Sheet Details

2. Balance Sheet Details

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

 

 

 

September 30,
2021

 

 

December 31,
2020

 

Prepaid research and development

 

$

2,549

 

 

$

2,004

 

Prepaid insurance

 

 

691

 

 

 

 

Other prepaid expenses and current assets

 

 

352

 

 

 

72

 

Total

 

$

3,592

 

 

$

2,076

 

 

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

 

 

 

Useful life
(years)

 

September 30,
2021

 

 

December 31,
2020

 

Furniture, fixtures and office equipment

 

3 - 7

 

$

2,075

 

 

$

1,719

 

Laboratory equipment

 

5

 

 

2,089

 

 

 

1,790

 

Leasehold improvements

 

2 - 3

 

 

3,687

 

 

 

3,663

 

 

 

 

 

 

7,851

 

 

 

7,172

 

Less accumulated depreciation and amortization

 

 

 

 

(3,943

)

 

 

(3,070

)

Total

 

 

 

$

3,908

 

 

$

4,102

 

 

Accounts payable and accrued expenses consist of the following (in thousands):

 

 

 

September 30,
2021

 

 

December 31,
2020

 

Accounts payable

 

$

1,550

 

 

$

2,456

 

Accrued compensation

 

 

3,008

 

 

 

2,804

 

Accrued research and development

 

 

15,883

 

 

 

4,852

 

Accrued equity issuance costs

 

 

3,947

 

 

 

1,143

 

Other accrued expenses

 

 

551

 

 

 

813

 

Total

 

$

24,939

 

 

$

12,068