Condensed Balance Sheet Components

6 Months Ended

Jun. 30, 2020

Balance Sheet Related Disclosures [Abstract]

Note 4. Condensed balance sheet components

Property and equipment, net

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

	June 30,			December 31,
	2020			2019
Leasehold improvements	$	1,115		$	1,112
Computer equipment		198			139
Office furniture and equipment		288			109
Total property and equipment, cost		1,601			1,360
Less: accumulated depreciation and amortization		(284	)		(101	)
Total property and equipment, net	$	1,317		$	1,259

The Company recognized $156,000 and $183,000 of depreciation and amortization expense during the three and six months ended June 30, 2020, respectively, and $18,000 and $33,000 of depreciation and amortization expense during the three and six months ended June 30, 2019, respectively.

Accrued expenses and other current liabilities

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

	June 30,		December 31,
	2020		2019
Accrued research and development costs	$	5,498	$	3,968
Accrued other current liabilities		5,365		433
Accrued employee related expenses	$	1,210	$	1,865
Liability for unvested stock, short-term		133		143
Total accrued expenses and other current liabilities	$	12,206	$	6,409

As of June 30, 2020 and December 31, 2019, $31,000 and $95,000, respectively, related to the long-term liability for unvested stock that was recorded in other liabilities.

Lease liabilities

Lease liabilities consist of the following (in thousands):

	June 30,		December 31,
	2020		2019
Lease liabilities, current	$	584	$	554
Lease liabilities, non-current		4,293		4,591
Total lease liabilities	$	4,877	$	5,145