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Balance Sheet Components
3 Months Ended
Mar. 31, 2022
Balance Sheet Related Disclosures [Abstract]  
Balance Sheet Components

5. Balance Sheet Components

Prepaid Expenses and Other Current Assets

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

 

 

 

March 31,
2022

 

 

December 31,
2021

 

Prepaid expenses

 

$

3,981

 

 

$

4,538

 

Other current assets

 

 

2,280

 

 

 

3,154

 

Total prepaid expenses and other current assets

 

$

6,261

 

 

$

7,692

 

 

Property and Equipment, Net

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

 

 

 

March 31,
2022

 

 

December 31,
2021

 

Leasehold improvements

 

$

3,465

 

 

$

3,462

 

Furniture and fixtures

 

 

543

 

 

 

544

 

Research equipment

 

 

10,567

 

 

 

9,633

 

Computers and software

 

 

130

 

 

 

130

 

Construction in progress

 

 

3,145

 

 

 

2,274

 

Total property and equipment

 

 

17,850

 

 

 

16,043

 

Less accumulated depreciation and amortization

 

 

(3,797

)

 

 

(3,187

)

Total property and equipment, net

 

$

14,053

 

 

$

12,856

 

 

Depreciation and amortization expense was $0.6 million and $0.3 million for the three months ended March 31, 2022 and 2021, respectively.

Accrued and Other Current Liabilities

Accrued other current liabilities are comprised of the following (in thousands):

 

 

 

March 31,
2022

 

 

December 31,
2021

 

Accrued compensation

 

$

2,650

 

 

$

5,453

 

Accrued research and development costs

 

 

2,949

 

 

 

2,280

 

Accrued property and equipment

 

 

115

 

 

 

96

 

Other accrued and current liabilities

 

 

607

 

 

 

1,518

 

Total accrued and other liabilities

 

$

6,321

 

 

$

9,347