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Accrued Expenses (Tables)
6 Months Ended
Jun. 30, 2022
Payables and Accruals [Abstract]  
Schedule of Accrued Expenses

Accrued expenses consisted of the following (in thousands):

 

 

 

June 30,

 

 

December 31,

 

 

 

2022

 

 

2021

 

Accrued employee compensation and benefits

 

$

350

 

 

$

1,763

 

Accrued external research and development expenses

 

 

962

 

 

 

1,633

 

Accrued professional fees

 

 

740

 

 

 

901

 

Other

 

 

370

 

 

 

549

 

 

 

$

2,422

 

 

$

4,846

 

Summary of restructuring balance accrued expenses and other current liabilities

The following table summarizes the changes in the Company’s accrued restructuring balance, which are included in Accrued expenses and other current liabilities in the accompanying condensed consolidated balance sheet:

 

 (In thousands)

 

2022

 

Beginning balance at December 31, 2021

 

$

 

Restructuring costs, personnel related

 

 

985

 

Cash paid for restructuring costs

 

 

(330

)

Ending balance at March 31, 2022

 

 

655

 

Restructuring costs, personnel related

 

 

412

 

Cash paid for restructuring costs

 

 

(765

)

Forfeitures

 

 

(31

)

Ending balance at June 30, 2022

 

$

271