Selected Balance Sheet Information

9 Months Ended

Sep. 30, 2022

Selected Balance Sheet Information

Selected Balance Sheet Information

5. Selected Balance Sheet Information

Prepaid expenses and other current assets (in thousands)

	September 30,		December 31,
	2022		2021
Prepaid clinical research organizations	$	1,169	$	458
Prepaid manufacturing expenses		573		—
VAT receivable		214		—
Prepaid consulting, subscriptions and other expenses		180		272
Prepaid insurances		105		803
Total	$	2,241	$	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)

	September 30,		December 31,
	2022		2021
Computers and office equipment	$	802	$	827
Other Property, Plant and Equipment		190		—
Leasehold improvements		94		94
Software		11		11
		1,097		932
Less: accumulated depreciation and amortization		(835)		(831)
Total	$	262	$	101

Accrued expenses (in thousands)

	September 30,		December 31,
	2022		2021
Accrued clinical consulting services	$	773	$	696
Accrued vendor payments		366		1,028
Accrued manufacturing costs		173		204
VAT payable		99		—
Total	$	1,411	$	1,928

Accrued employee benefits (in thousands)

	September 30,		December 31,
	2022		2021
Accrued bonus expense	$	1,067	$	886
Accrued vacation expense		146		92
Accrued compensation expense		106		—
Total	$	1,319	$	978