XML 17 R11.htm IDEA: XBRL DOCUMENT v3.24.3
Balance Sheet Details
9 Months Ended
Sep. 30, 2024
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,
2024

 

 

December 31,
2023

 

Prepaid research and development

 

$

3,235

 

 

$

4,615

 

Prepaid insurance

 

 

356

 

 

 

 

Other prepaid expenses and current assets

 

 

460

 

 

 

320

 

Total

 

$

4,051

 

 

$

4,935

 

 

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

 

 

 

Useful life
(years)

 

September 30,
2024

 

 

December 31,
2023

 

Furniture, fixtures and office equipment

 

3 - 7

 

$

1,721

 

 

$

1,721

 

Laboratory equipment

 

5

 

 

2,280

 

 

 

2,280

 

Leasehold improvements

 

2 - 3

 

 

3,680

 

 

 

3,680

 

 

 

 

 

7,681

 

 

 

7,681

 

Less accumulated depreciation and amortization

 

 

 

 

(6,775

)

 

 

(6,078

)

Total

 

 

 

$

906

 

 

$

1,603

 

 

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

 

 

 

September 30,
2024

 

 

December 31,
2023

 

Accounts payable

 

$

2,928

 

 

$

3,819

 

Accrued compensation

 

 

3,056

 

 

 

3,790

 

Accrued research and development (includes related party amounts of $1,775 and $0, respectively)

 

 

11,441

 

 

 

18,246

 

Other accrued expenses

 

 

786

 

 

 

865

 

Total

 

$

18,211

 

 

$

26,720