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Accrued Expenses and Other Liabilities
6 Months Ended
Jun. 30, 2022
Payables and Accruals [Abstract]  
Accrued Expenses and Other Liabilities

6. Accrued Expenses and Other Liabilities

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

 

 

 

JUNE 30,
 2022

 

 

DECEMBER 31,
2021

 

Accrued research and development costs

 

$

1,866

 

 

$

1,474

 

Accrued leasehold improvement costs

 

 

1,628

 

 

 

999

 

Accrued compensation

 

 

1,954

 

 

 

2,697

 

Accrued professional fees

 

 

804

 

 

 

846

 

Accrued interest expense

 

 

144

 

 

 

 

Miscellaneous accrued expenses

 

 

332

 

 

 

468

 

Total accrued expenses and other liabilities

 

$

6,728

 

 

$

6,484

 

 

As of June 30, 2022, other long-term liabilities of $0.2 million was the value of unmet conditions associated with a governmental grant received in 2021. The Company anticipates meeting these conditions between 2024 and 2026 and, upon satisfaction, will reduce these liabilities with a corresponding reduction to research and development expenses.