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Balance Sheet Components (Tables)
3 Months Ended
Mar. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Summary of Cash and Cash Equivalents
Cash and cash equivalents consist of the following:
 
   
March 31,

2020
   
December 31,
2019
 
   
(in thousands)
 
Cash
  $571   $1,288 
Cash equivalents:
    
Money market accounts
   132,963    146,240 
  
 
 
   
 
 
 
Total cash and cash equivalents
  $133,534   $147,528 
  
 
 
   
 
 
 
Summary of Reconciliation of Cash, Cash Equivalents and Restricted Cash
The following table provides a reconciliation of cash, cash equivalents and restricted cash reported in the condensed consolidated balance sheets to the amounts shown in the condensed consolidated statements of cash flows.
 
   
March 31,

2020
   
March 31,
2019
 
   
(in thousands)
 
Cash and cash equivalents
  $133,534   $90,908 
Restricted cash included in other assets
   300    300 
  
 
 
   
 
 
 
Total cash, cash equivalents and restricted cash shown in the condensed consolidated statement of cash flows
  $133,834   $91,208 
  
 
 
   
 
 
 
Summary of Prepaid Expenses and Other Current Assets
Prepaid expenses and other current assets consist of the following:
 
   
March 31,
2020
   
December 31,
2019
 
   
(in thousands)
 
Prepaid insurance
  $582   $918 
Prepaid research and development project costs
   581    853 
Other receivables
   156    190 
Other
   617    408 
  
 
 
   
 
 
 
Total prepaid expenses and other current assets
  $1,936   $2,369 
  
 
 
   
 
 
 
Summary of Property and Equipment, Net
Property and equipment, net consists of the following:
 
   
March 31,
2020
   
December 31,
2019
 
   
(in thousands)
 
Software
  $364   $352 
Leasehold improvements
   112    112 
Computer equipment
   89    89 
Furniture and fixtures
   3    3 
  
 
 
   
 
 
 
Property and equipment, gross
   568    556 
Less: accumulated depreciation
   (456   (443
  
 
 
   
 
 
 
Total property and equipment, net
  $112   $113 
  
 
 
   
 
 
 
Summary of Accrued and Other Liabilities
Accrued and other liabilities consist of the following:
 
   
March 31,
2020
   
December 31,
2019
 
   
(in thousands)
 
Accrued research and development costs
  $2,777   $2,668 
Accrued employee related costs
   1,411    3,420 
Accrued professional fees
   1,162    817 
Operating lease liability
   175    187 
Other
   115    78 
  
 
 
   
 
 
 
Total accrued and other liabilities
  $5,640   $7,170