Composition of Certain Balance Sheet Components

9 Months Ended

Sep. 30, 2020

Balance Sheet Related Disclosures [Abstract]

Composition of Certain Balance Sheet Components

NOTE 3—COMPOSITION OF CERTAIN BALANCE SHEET COMPONENTS

Property and equipment, net

Property and equipment, net consisted of the following as of (in thousands):

	September 30, 2020			December 31, 2019
Lab equipment	$	10,923		$	6,957
Leasehold improvements		13,653			165
Computer equipment and software		1,249			456
Furniture and fixtures		1,088			560
Construction in progress		370			4,729
Total property and equipment		27,283			12,867
Less: Accumulated depreciation and amortization		(3,555	)		(2,009	)
Total property and equipment, net	$	23,728		$	10,858

Depreciation expense associated with property and equipment was $1.5 million and $0.8 million for the nine months ended September 30, 2020 and 2019, respectively.

Accrued and other liabilities

Accrued and other liabilities consisted of the following as of (in thousands):

	September 30, 2020		December 31, 2019
Contract research services	$	16,135	$	7,993
Payroll and related expense		4,815		3,283
Lease cancellation fee		528		979
Other		2,837		1,671
Total accrued and other liabilities	$	24,315	$	13,926