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Balance Sheet Details
6 Months Ended
Jun. 30, 2022
Balance Sheet Related Disclosures [Abstract]  
Balance Sheet Details

2. Balance Sheet Details

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

 

 

 

June 30,
2022

 

 

December 31,
2021

 

Prepaid research and development

 

$

2,739

 

 

$

1,811

 

Prepaid insurance

 

 

1,471

 

 

 

 

Other prepaid expenses and current assets

 

 

697

 

 

 

502

 

Total

 

$

4,907

 

 

$

2,313

 

 

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

 

 

 

Useful life
(years)

 

June 30,
2022

 

 

December 31,
2021

 

Furniture, fixtures and office equipment

 

3 - 7

 

$

2,172

 

 

$

2,123

 

Laboratory equipment

 

5

 

 

2,265

 

 

 

2,123

 

Leasehold improvements

 

2 - 3

 

 

3,687

 

 

 

3,687

 

 

 

 

 

 

8,124

 

 

 

7,933

 

Less accumulated depreciation and amortization

 

 

 

 

(4,847

)

 

 

(4,257

)

Total

 

 

 

$

3,277

 

 

$

3,676

 

 

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

 

 

 

June 30,
2022

 

 

December 31,
2021

 

Accounts payable

 

$

4,822

 

 

$

1,179

 

Accrued compensation

 

 

1,833

 

 

 

2,671

 

Accrued research and development

 

 

15,598

 

 

 

13,501

 

Other accrued expenses

 

 

1,779

 

 

 

1,073

 

Total

 

$

24,032

 

 

$

18,424