Balance Sheet Components

6 Months Ended

Jun. 30, 2024

Balance Sheet Related Disclosures [Abstract]

Balance Sheet Components

Note 3. BALANCE SHEET COMPONENTS

Property and Equipment

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

	As of June 30, 2024			As of December 31, 2023
Leasehold improvements	$	3,277		$	3,277
Research equipment		3,373			3,351
Furniture and fixtures		350			350
Computer equipment		250			250
Property and equipment, gross		7,250			7,228
Less: accumulated depreciation and amortization		(7,144	)		(7,091	)
Property and equipment, net	$	106		$	136

Depreciation expense related to property and equipment was $25,000 and $53,000 for the three and six months ended June 30, 2024 and $30,000 and $61,000 for the three and six months ended June 30, 2023, respectively.

Accrued Expenses

Accrued expenses consist of the following (in thousands):

	As of June 30, 2024		As of December 31, 2023
Accrued clinical trial cost	$	1,043	$	853
Accrued payroll and related benefits		350		295
Accrued consulting and legal		302		58
Accrued other		56		36
Accrued expenses	$	1,751	$	1,242