Balance Sheet Components

6 Months Ended

Jun. 30, 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:

	June 30, 2021		December 31, 2020
	(in thousands)
Cash	$	2,008	$	2,136
Cash equivalents:
Money market accounts		88,682		101,919
Total cash and cash equivalents	$	90,690	$	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.

	June 30, 2021		June 30, 2020
	(in thousands)
Cash and cash equivalents	$	90,690	$	123,233
Restricted cash included in other assets		300		300
Total cash, cash equivalents and restricted cash shown in    the condensed consolidated statement of cash flows	$	90,990	$	123,533

Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consist of the following:

	June 30, 2021		December 31, 2020
	(in thousands)
Prepaid software and subscription fees	$	423	$	376
Prepaid research and development project costs		396		321
Other receivables		297		311
Prepaid insurance		241		991
Other		626		416
Total prepaid expenses and other current assets	$	1,983	$	2,415

Property and Equipment, net

Property and equipment, net consists of the following:

	June 30, 2021			December 31, 2020
	(in thousands)
Software	$	361		$	361
Leasehold improvements		35			—
Computer equipment		5			—
Property and equipment, gross		401			361
Less: accumulated depreciation		(330	)		(309	)
Total property and equipment, net	$	71		$	52

Depreciation related to the Company’s property and equipment was $11,000 and $21,000 for the three and six months ended June 30, 2021, respectively and $15,000 and $28,000 for the three and six months ended June 30, 2020, respectively.

Accrued and Other Liabilities

Accrued and other liabilities consist of the following:

	June 30, 2021		December 31, 2020
	(in thousands)
Accrued research and development costs	$	3,016	$	1,715
Accrued employee related costs		2,882		4,359
Accrued professional fees		1,576		774
Operating lease liabilities		356		207
Other		83		93
Total accrued and other liabilities	$	7,913	$	7,148