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Balance Sheet Components
9 Months Ended
Sep. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Balance Sheet Components Balance Sheet Components
Property and Equipment, Net
Property and equipment, net consisted of the following (in thousands):
September 30,
2022
December 31,
2021
Equipment
$866 $866 
Furniture and fixtures
34 34 
Leasehold improvements
68 68 
Total property and equipment
968 968 
Less: accumulated depreciation
(664)(517)
Property and equipment, net
$304 $451 
Depreciation expense for each of the three and nine months ended September 30, 2022 and 2021 was immaterial.
Prepaid and Other Current Assets
Prepaid and other current assets consisted of the following (in thousands):
September 30,
2022
December 31,
2021
Angion Pty tax receivable$$781 
Prepaid insurance1,103 275 
Security deposit 101 131 
Other326 498 
Total prepaid and other current assets$1,537 $1,685 
Accrued Expenses
Accrued expenses consisted of the following (in thousands):
September 30,
2022
December 31,
2021
Accrued compensation
$356 $2,023 
Accrued restructuring (Note 1)2,072 — 
Accrued direct research costs
1,999 764 
Accrued operating expenses
481 432 
Total accrued expenses
$4,908 $3,219