Balance Sheet Components

3 Months Ended

Mar. 31, 2021

Organization Consolidation And Presentation Of Financial Statements [Abstract]

Balance Sheet Components

5. Balance Sheet Components

Cash and Cash Equivalents

Cash and cash equivalents consist of the following:

	March 31, 2021		December 31, 2020
	(in thousands)
Cash	$	1,532	$	2,136
Cash equivalents:
Money market accounts		106,126		101,919
Total cash and cash equivalents	$	107,658	$	104,055

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, 2021		March 31, 2020
	(in thousands)
Cash and cash equivalents	$	107,658	$	133,534
Restricted cash included in other assets		300		300
Total cash, cash equivalents and restricted cash shown in    the condensed consolidated statement of cash flows	$	107,958	$	133,834

Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consist of the following:

	March 31, 2021		December 31, 2020
	(in thousands)
Prepaid insurance	$	572	$	991
Prepaid software and subscription fees		362		376
Other receivables		214		311
Prepaid research and development project costs		186		321
Other		676		416
Total prepaid expenses and other current assets	$	2,010	$	2,415

Property and Equipment, net

Property and equipment, net consists of the following:

	March 31, 2021			December 31, 2020
	(in thousands)
Software	$	361		$	361
Property and equipment, gross		361			361
Less: accumulated depreciation		(319	)		(309	)
Total property and equipment, net	$	42		$	52

Depreciation related to the Company’s property and equipment was $10,000 for the three months ended March 31, 2021 and $13,000 for the three months ended March 31, 2020.

Accrued and Other Liabilities

Accrued and other liabilities consist of the following:

	March 31, 2021		December 31, 2020
	(in thousands)
Accrued research and development costs	$	2,637	$	1,715
Accrued employee related costs		1,917		4,359
Accrued professional fees		1,485		774
Operating lease liability		214		207
Other		111		93
Total accrued and other liabilities	$	6,364	$	7,148