XML 64 R35.htm IDEA: XBRL DOCUMENT v3.22.4
Balance Sheet Details (Tables)
12 Months Ended
Dec. 31, 2022
Balance Sheet Related Disclosures [Abstract]  
Schedule of Cash and Cash Equivalents
Cash equivalents consisted of the following (in thousands): 
 December 31, 2022December 31, 2021
 Adjusted CostEstimated Fair ValueAdjusted CostEstimated Fair Value
Money market funds (1)
$77,309 $77,309 $86,095 $86,095 
(1) Money market funds are classified in cash and cash equivalents on our consolidated balance sheets. Average contractual maturities (in days) is not applicable.
Schedule of Inventory Components Inventories consisted of the following (in thousands): 
 December 31,
 20222021
Raw materials $108 $49 
Work in process91 65 
Finished goods 1,830 1,046 
Total inventories$2,029 $1,160 
Property and Equipment, Net Property, equipment and leasehold improvements are stated at cost less accumulated depreciation and amortization calculated using the straight-line method over their estimated useful lives as follows:
Asset classificationEstimated useful life
Laboratory equipment5 years
Computer equipment and software
3 to 5 years
Office equipment and furniture5 years
Leasehold improvementsLesser of useful life or lease term
Property and equipment, net consisted of the following (in thousands): 
 December 31,
 20222021
Laboratory equipment (1)
$39,679 $33,101 
Leasehold improvements16,633 16,117 
Computer equipment and software3,039 3,481 
Office equipment and furniture1,345 1,297 
Construction in progress (2)
1,739 3,231 
Property and equipment62,435 57,227 
Less: accumulated depreciation and amortization(39,821)(35,882)
Property and equipment, net$22,614 $21,345 
(1) Fully depreciated property and equipment with a cost of $1.5 million and $0.6 million were retired during the years ended December 31, 2022 and 2021, respectively.
(2) Construction in progress includes equipment received but not yet placed into service pending installation.
Depreciation expense included in both research and development expenses and selling, general and administrative expenses in the consolidated statements of operations was as follows (in thousands):
 Year Ended December 31,
 202220212020
Depreciation expense$5,402 $3,113 $1,950 
Schedule of Accrued Liabilities Other accrued liabilities consisted of the following (in thousands): 
 December 31,
 20222021
Accrued purchases$10,852 $6,755 
Accrued professional and outside service fees3,495 5,147 
Other932 676 
Total other accrued liabilities
$15,279 $12,578