Balance Sheet Components

3 Months Ended

Mar. 31, 2022

Balance Sheet Related Disclosures [Abstract]

Balance Sheet Components

5. Balance Sheet Components

Cash and Cash Equivalents

The Company’s cash and cash equivalents consisted of the following (in thousands):

	March 31,		December 31,
	2022		2021
Cash	$	683	$	613
Cash equivalents:
Money market funds		97,800		105,220
Total cash and cash equivalents	$	98,483	$	105,833

Property and equipment, net

The Company’s property and equipment, net considered of the following (in thousands):

	March 31,			December 31,
	2022			2021
Furniture and fixtures, and equipment	$	180		$	180
Construction in progress		621			126
Machinery and equipment		391			274
Capitalized surgical equipment		5,089			4,442
Computer equipment		256			160
Leasehold improvements		268			268
Software		138			138
Total property and equipment		6,943			5,588
Less: accumulated depreciation and amortization		(2,947	)		(2,739	)
Property and equipment, net	$	3,996		$	2,849

Depreciation and amortization expense on property and equipment was $0.3 million and $0.1 million for the three months ended March 31, 2022 and 2021, respectively.

Accrued liabilities

Accrued liabilities consist of the following (in thousands):

	March 31,		December 31,
	2022		2021
Accrued royalty expense	$	1,469	$	1,522
Accrued interest		—		975
Accrued professional services		590		941
Other accrued expense		1,493		1,080
Total accrued liabilities	$	3,552	$	4,518