Balance sheet details |
2. Balance sheet details Prepaid expenses and other current assets consist of the following (in thousands):
|
|
|
|
|
|
|
|
|
|
|
December 31, |
|
|
|
2023 |
|
|
2022 |
|
Prepaid research and development |
|
$ |
4,615 |
|
|
$ |
4,385 |
|
Other prepaid expenses and current assets |
|
|
320 |
|
|
|
539 |
|
Total |
|
$ |
4,935 |
|
|
$ |
4,924 |
|
Property and equipment consist of the following (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, |
|
|
|
Useful life (years) |
|
2023 |
|
|
2022 |
|
Furniture, fixtures and office equipment |
|
3 - 7 |
|
$ |
1,721 |
|
|
$ |
2,140 |
|
Laboratory equipment |
|
5 |
|
|
2,280 |
|
|
|
2,265 |
|
Leasehold improvements |
|
2 - 3 |
|
|
3,680 |
|
|
|
3,687 |
|
|
|
|
|
|
7,681 |
|
|
|
8,092 |
|
Less accumulated depreciation and amortization |
|
|
|
|
(6,078 |
) |
|
|
(5,364 |
) |
Total |
|
|
|
$ |
1,603 |
|
|
$ |
2,728 |
|
Accounts payable and accrued expenses consist of the following (in thousands):
|
|
|
|
|
|
|
|
|
|
|
December 31, |
|
|
|
2023 |
|
|
2022 |
|
Accounts payable |
|
$ |
3,819 |
|
|
$ |
4,231 |
|
Accrued compensation |
|
|
3,790 |
|
|
|
3,451 |
|
Accrued research and development |
|
|
18,246 |
|
|
|
12,649 |
|
Other accrued expenses |
|
|
865 |
|
|
|
1,279 |
|
Total |
|
$ |
26,720 |
|
|
$ |
21,610 |
|
|