Balance Sheet Components

12 Months Ended

Dec. 31, 2023

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Balance Sheet Components

Balance Sheet Components

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

	December 31, 2023		December 31, 2022
Research and development costs	$	16,123	$	11,321
Insurance related costs	1,651		2,788
Value added tax receivable	1,330		2,557
Other	1,621		3,271
	$	20,725	$	19,937

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

	December 31, 2023		December 31, 2022
Research and development costs	$	18,814	$	10,795
Personnel related expenses	6,733		7,264
Professional fees	1,072		4,171
Income tax liability	112		1,582
Other	839		690
	$	27,570	$	24,502

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

	December 31, 2023		December 31, 2022
Computer equipment	$	734	$	442
Office furniture	724		—
Office equipment	43		—
Construction in progress	—		890
Property and equipment, at cost	1,501		1,332
Less: Accumulated depreciation	(462)		(164)
Property and equipment, net	$	1,039	$	1,168