Selected Balance Sheet Information

6 Months Ended

Jun. 30, 2022

Selected Balance Sheet Information

Selected Balance Sheet Information

5. Selected Balance Sheet Information

Prepaid expenses and other current assets (in thousands)

	June 30,		December 31,
	2022		2021
Prepaid clinical research organizations	$	1,215	$	458
Prepaid manufacturing expenses		519		—
Prepaid insurances		353		803
VAT receivable		278		—
Prepaid consulting, subscriptions and other expenses		257		272
Total	$	2,622	$	1,533

Prepaid clinical research organizations (CROs) expense is classified as a current asset. The Company makes payments to the CROs based on agreed upon terms that include payments in advance of study services.

5. Selected Balance Sheet Information – (continued)

Property and equipment, net (in thousands)

	June 30,		December 31,
	2022		2021
Computers and office equipment	$	790	$	827
Other Property, Plant and Equipment		203		—
Leasehold improvements		94		94
Software		11		11
		1,098		932
Less: accumulated depreciation and amortization		(813)		(831)
Total	$	285	$	101

Accrued expenses (in thousands)

	June 30,		December 31,
	2022		2021
Accrued clinical consulting services	$	741	$	696
Accrued manufacturing costs		617		204
Accrued vendor payments		506		1,028
VAT payable		123		—
Total	$	1,987	$	1,928

Accrued employee benefits (in thousands)

	June 30,		December 31,
	2022		2021
Accrued bonus expense	$	542	$	886
Accrued vacation expense		128		92
Accrued compensation expense		118		—
Total	$	788	$	978