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Balance Sheet Details (Tables)
6 Months Ended
Jun. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Short-Term Investments

Short-term investments consisted of the following (dollar amounts in thousands):

 

 

 

June 30, 2022

 

Description

 

Maturity

 

Amortized
Costs

 

 

Gross
Unrealized
Gains

 

 

Gross
Unrealized
Losses

 

 

Estimated
Fair Value

 

Commercial paper

 

1 year or less

 

$

55,366

 

 

$

—

 

 

$

(182

)

 

$

55,184

 

U.S. Treasury securities

 

1 year or less

 

 

33,836

 

 

 

—

 

 

 

(160

)

 

 

33,676

 

 

 

 

 

$

89,202

 

 

$

—

 

 

$

(342

)

 

$

88,860

 

 

 

 

December 31, 2021

 

Description

 

Maturity

 

Amortized
Costs

 

 

Gross
Unrealized
Gains

 

 

Gross
Unrealized
Losses

 

 

Estimated
Fair Value

 

Commercial paper

 

1 year or less

 

$

78,456

 

 

$

5

 

 

$

(3

)

 

$

78,458

 

U.S. Treasury securities

 

1 year or less

 

 

5,025

 

 

 

—

 

 

 

—

 

 

 

5,025

 

U.S. government agency debt securities

 

1 year or less

 

 

5,002

 

 

 

—

 

 

 

—

 

 

 

5,002

 

 

 

 

 

$

88,483

 

 

$

5

 

 

$

(3

)

 

$

88,485

 

Schedule of Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consisted of the following (dollar amounts in thousands):

 

 

 

At June 30,
2022

 

 

At December 31,
2021

 

Interest receivable

 

$

106

 

 

$

62

 

Prepaid insurance

 

 

312

 

 

 

1,728

 

Prepaid research studies

 

 

926

 

 

 

1,190

 

Prepaid other

 

 

924

 

 

 

561

 

Total

 

$

2,268

 

 

$

3,541

 

Schedule of Prepaid Expenses, Net of Current Portion

Prepaid expenses, net of current portion, consisted of the following (dollar amounts in thousands):

 

 

 

At June 30,
2022

 

 

At December 31,
2021

 

Prepaid clinical trial and other

 

$

3,810

 

 

$

3,409

 

 

 

$

3,810

 

 

$

3,409

 

Schedule of Property and Equipment

Property and equipment consisted of the following (dollar amounts in thousands):

 

 

 

At June 30,
2022

 

 

At December 31,
2021

 

Laboratory equipment and manufacturing equipment

 

$

657

 

 

$

591

 

Furniture and fixtures

 

 

258

 

 

 

258

 

Computer equipment and software

 

 

556

 

 

 

440

 

Leasehold improvements

 

 

2,095

 

 

 

2,095

 

 

 

 

3,566

 

 

 

3,384

 

Less accumulated depreciation

 

 

(1,358

)

 

 

(1,001

)

Total

 

$

2,208

 

 

$

2,383

 

Schedule of Accrued Expenses

Accrued expenses consisted of the following (dollar amounts in thousands):

 

 

 

At June 30,
2022

 

 

At December 31,
2021

 

Payroll and related liabilities

 

$

1,679

 

 

$

2,379

 

Professional fees

 

 

469

 

 

 

727

 

Research and development costs

 

 

5,852

 

 

 

5,066

 

Other

 

 

461

 

 

 

336

 

Total

 

$

8,461

 

 

$

8,508