Balance Sheet Components

12 Months Ended

Dec. 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:

	December 31, 2021		December 31, 2020
	(in thousands)
Cash	$	2,223	$	2,136
Cash equivalents:
Money market accounts		102,526		101,919
Total cash and cash equivalents	$	104,749	$	104,055

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, 2021		December 31, 2020
	(in thousands)
Cash and cash equivalents	$	104,749	$	104,055
Restricted cash included in other assets		300		300
Total cash, cash equivalents and restricted cash    shown in the consolidated statement    of cash flows	$	105,049	$	104,355

Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consist of the following:

	December 31, 2021		December 31, 2020
	(in thousands)
Prepaid insurance	$	1,029	$	991
Prepaid software and subscription fees		536		376
Prepaid research and development project costs		290		321
Other receivables		147		311
Other		642		416
Total prepaid expenses and other current assets	$	2,644	$	2,415

Property and Equipment, net

Property and equipment, net consists of the following:

	December 31, 2021			December 31, 2020
	(in thousands)
Software	$	456		$	361
Leasehold improvements		35			—
Computer equipment		5			—
Property and equipment, gross		496			361
Less: accumulated depreciation		(355	)		(309	)
Total property and equipment, net	$	141		$	52

Depreciation related to the Company’s property and equipment for the year ended December 31, 2021 was $45,000. Depreciation for each of the years ended December 31, 2020 and 2019 was $0.1 million.

Accrued and Other Liabilities

Accrued and other liabilities consist of the following:

	December 31, 2021		December 31, 2020
	(in thousands)
Accrued employee related costs	$	6,725	$	4,359
Accrued research and development costs		2,727		1,715
Accrued professional fees		739		774
Operating lease liabilities		368		207
Other		167		93
Total accrued and other liabilities	$	10,726	$	7,148