Balance Sheet Components

12 Months Ended

Dec. 31, 2020

Organization Consolidation And Presentation Of Financial Statements [Abstract]

5.	Balance Sheet Components

Cash and Cash Equivalents

Cash and cash equivalents consist of the following:

	December 31, 2020		December 31, 2019
	(in thousands)
Cash	$	2,136	$	1,288
Cash equivalents:
Money market accounts		101,919		146,240
Total cash and cash equivalents	$	104,055	$	147,528

The following table provides a reconciliation of cash, cash equivalents and restricted cash reported in the consolidated balance sheets to the amounts shown in the consolidated statements of cash flows.

	December 31, 2020		December 31, 2019
	(in thousands)
Cash and cash equivalents	$	104,055	$	147,528
Restricted cash included in other assets		300		300
Total cash, cash equivalents and restricted cash shown in the condensed consolidated statement of cash flows	$	104,355	$	147,828

Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consist of the following:

	December 31, 2020		December 31, 2019
	(in thousands)
Prepaid insurance	$	991	$	918
Prepaid research and development project costs		321		853
Other receivables		311		190
Other		792		408
Total prepaid expenses and other current assets	$	2,415	$	2,369

Property and Equipment, net

Property and equipment, net consists of the following:

	December 31, 2020			December 31, 2019
	(in thousands)
Software	$	361		$	352
Leasehold improvements		—			112
Computer equipment		—			89
Furniture and fixtures		—			3
Property and equipment, gross		361			556
Less: accumulated depreciation		(309	)		(443	)
Total property and equipment, net	$	52		$	113

Depreciation related to the Company’s property and equipment for each of the years ended December 31, 2020, 2019 and 2018 was $0.1 million.

Accrued and Other Liabilities

Accrued and other liabilities consist of the following:

	December 31, 2020		December 31, 2019
	(in thousands)
Accrued employee related costs	$	4,359	$	3,420
Accrued research and development costs		1,715		2,668
Accrued professional fees		774		817
Operating lease liability		207		187
Other		93		78
Total accrued and other liabilities	$	7,148	$	7,170