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Balance Sheet Components (Tables)
9 Months Ended
Sep. 30, 2020
Organization Consolidation And Presentation Of Financial Statements [Abstract]  
Summary of Cash and Cash Equivalents

Cash and cash equivalents consist of the following:

 

 

 

September 30,

2020

 

 

December 31,

2019

 

 

 

(in thousands)

 

Cash

 

$

2,737

 

 

$

1,288

 

Cash equivalents:

 

 

 

 

 

 

 

 

Money market accounts

 

 

106,277

 

 

 

146,240

 

Total cash and cash equivalents

 

$

109,014

 

 

$

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.

 

 

 

September 30,

2020

 

 

September 30,

2019

 

 

 

(in thousands)

 

Cash and cash equivalents

 

$

109,014

 

 

$

67,694

 

Restricted cash included in other assets

 

 

300

 

 

 

300

 

Total cash, cash equivalents and restricted cash

   shown in the condensed consolidated

   statement of cash flows

 

$

109,314

 

 

$

67,994

 

Summary of Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consist of the following:

 

 

 

September 30,

2020

 

 

December 31,

2019

 

 

 

(in thousands)

 

Prepaid insurance

 

$

1,464

 

 

$

918

 

Prepaid research and development project costs

 

 

456

 

 

 

853

 

Other receivables

 

 

328

 

 

 

190

 

Other

 

 

708

 

 

 

408

 

Total prepaid expenses and other current assets

 

$

2,956

 

 

$

2,369

 

Summary of Property and Equipment, Net

Property and equipment, net consists of the following:

 

 

 

September 30,

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

 

 

(505

)

 

 

(443

)

Total property and equipment, net

 

$

63

 

 

$

113

 

Summary of Accrued and Other Liabilities

Accrued and other liabilities consist of the following:

 

 

 

September 30,

2020

 

 

December 31,

2019

 

 

 

(in thousands)

 

Accrued employee related costs

 

$

3,003

 

 

$

3,420

 

Accrued research and development costs

 

 

1,648

 

 

 

2,668

 

Accrued professional fees

 

 

806

 

 

 

817

 

Operating lease liability

 

 

193

 

 

 

187

 

Other

 

 

77

 

 

 

78

 

Total accrued and other liabilities

 

$

5,727

 

 

$

7,170