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Balance Sheet Components (Tables)
6 Months Ended
Jun. 30, 2023
Balance Sheet Related Disclosures [Abstract]  
Schedule of Prepaid Expenses and Other Current Assets

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

 

 

 

June 30,
2023

 

 

December 31,
2022

 

Prepaid research and development

 

$

4,470

 

 

$

4,840

 

Prepaid clinical trial

 

 

2,972

 

 

 

2,119

 

Deferred offering costs

 

 

724

 

 

 

724

 

Prepaid insurance

 

 

333

 

 

 

388

 

Prepaid bonus

 

 

23

 

 

 

18

 

Other

 

 

510

 

 

 

448

 

Total prepaid expenses and other current assets

 

$

9,032

 

 

$

8,537

 

Schedule of Property Plant and Equipment Net

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

 

 

 

June 30,
2023

 

 

December 31,
2022

 

Leasehold improvements

 

$

2,091

 

 

$

2,091

 

Laboratory equipment

 

 

2,868

 

 

 

2,868

 

Computer equipment

 

 

1,115

 

 

 

1,115

 

Furniture and fixtures

 

 

878

 

 

 

898

 

Construction in progress

 

 

9,498

 

 

 

9,633

 

 

 

16,450

 

 

 

16,605

 

Accumulated depreciation

 

 

(2,311

)

 

 

(1,642

)

Property, plant and equipment, net

 

$

14,139

 

 

$

14,963

 

Schedule of Accrued Expense and Other Current Labilities

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

 

 

 

June 30,
2023

 

 

December 31,
2022

 

Accrued research and development

 

$

7,016

 

 

$

8,190

 

Accrued license fees

 

 

3,500

 

 

 

 

Accrued clinical trial

 

 

2,159

 

 

 

1,473

 

Accrued compensation

 

 

2,049

 

 

 

2,519

 

Accrued severance

 

 

1,754

 

 

 

1,463

 

Lease liabilities, current portion

 

 

1,638

 

 

 

1,521

 

Accrued professional and consulting fees

 

 

580

 

 

 

390

 

Warrant liability

 

 

252

 

 

 

 

Accrued property, plant and equipment

 

 

 

 

 

2,081

 

Other

 

 

684

 

 

 

650

 

Total accrued expenses and other current liabilities

 

$

19,632

 

 

$

18,287