Balance Sheet Details

6 Months Ended

Jun. 30, 2022

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Balance Sheet Details

4. Balance Sheet Details

Property and Equipment, Net

Property and equipment is recorded at cost and depreciated over the estimated useful lives of the assets. Leasehold improvements are stated at cost and are depreciated over the lesser of the remaining term of the related lease or the estimated useful lives of the assets. The Company periodically assesses the value of its long-lived assets for impairment. No impairment was recorded during the three and six months ended June 30, 2022 or during the three months ended June 30, 2021. During the six months ended June 30, 2021, the Company recorded an impairment to property and equipment, net of $0.7 million.

Property and equipment, net is comprised of the following (in thousands):

	June 30,			December 31,
	2022			2021
Laboratory equipment	$	4,541		$	4,252
Manufacturing equipment		82			82
Computer equipment and software		1,544			1,488
Leasehold improvements		851			822
Office furniture		1,507			1,507
		8,525			8,151
Less: accumulated depreciation		(6,713	)		(6,380	)
Total	$	1,812		$	1,771

Accrued Expenses

Accrued expenses are comprised of the following (in thousands):

	June 30,		December 31,
	2022		2021
Accrued clinical trial costs	$	1,435	$	1,279
Accrued other		1,634		3,059
Total	$	3,069	$	4,338