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Balance Sheet Components
9 Months Ended
Sep. 30, 2020
Balance Sheet Components [Abstract]  
Balance Sheet Components

Note 5. Balance Sheet Components

Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consist of the following (in thousands):

 

 

 

September 30,

 

 

December 31,

 

 

 

2020

 

 

2019

 

Prepaid expenses

 

$

120

 

 

$

129

 

Prepaid insurance

 

 

1,653

 

 

 

858

 

Prepaid research and development expenses

 

 

2,778

 

 

 

4,517

 

Other current assets

 

 

629

 

 

 

688

 

Total prepaid expenses and other current assets

 

$

5,180

 

 

$

6,192

 

 

Property and Equipment

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

 

 

 

September 30

 

 

December 31

 

 

 

2020

 

 

2019

 

Computer equipment

 

$

33

 

 

$

28

 

Lab equipment

 

 

405

 

 

 

405

 

Finance lease right of use assets

 

 

556

 

 

 

559

 

Leasehold improvement

 

 

21

 

 

 

 

Office furniture

 

 

15

 

 

 

 

Less: accumulated amortization and depreciation

 

 

(530

)

 

 

(283

)

Property and equipment, net

 

$

500

 

 

$

709

 

 

Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities consist of the following (in thousands):

 

 

 

September 30,

 

 

December 31,

 

 

 

2020

 

 

2019

 

Personnel expenses

 

$

1,846

 

 

$

1,261

 

Professional fees

 

 

224

 

 

 

96

 

Research and development expenses

 

 

9,751

 

 

 

4,410

 

Other

 

 

279

 

 

 

50

 

Total accrued expenses and other current liabilities

 

$

12,100

 

 

$

5,817