Prepaid Expenses and Other Assets and Accrued Expenses

6 Months Ended

Jun. 30, 2022

Prepaid Expenses And Other Assets And Accrued Expenses [Abstract]

Prepaid Expenses and Other Assets and Accrued Expenses

Note 3. Prepaid Expenses and Other Assets and Accrued Expenses

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

	June 30, 2022		December 31, 2021
Research and development expenses	$	10,148	$	18,066
Insurance		45		2,364
Other		1,296		708
Total prepaid expenses and other current assets	$	11,489	$	21,138

The Company also had other non-current assets of $0.5 million as of June 30, 2022 and December 31, 2021. As of June 30, 2022, other non-current assets consisted of a security deposit of $0.4 million and less than $0.1 million in prepaid research and development and other expenses, as well as less than $0.1 million in deferred rent. As of December 31, 2021, other non-current assets consisted of a security deposit of $0.4 million, $0.1 million in prepaid expenses, and less than $0.1 million in deferred rent.

Accrued expenses consisted of the following (in thousands):

	June 30, 2022		December 31, 2021
Research and development expenses	$	11,124	$	8,316
Payroll and related expenses		3,843		6,989
Professional fees		2,443		543
Other		276		251
Total accrued expenses	$	17,686	$	16,099