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Balance Sheet Components (Tables)
6 Months Ended
Jun. 30, 2024
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,
2024

 

 

December 31,
2023

 

Prepaid research and development

 

$

1,502

 

 

$

1,412

 

Prepaid clinical trial

 

 

674

 

 

 

802

 

Deferred offering costs

 

 

601

 

 

 

681

 

Prepaid insurance

 

 

165

 

 

 

292

 

Prepaid bonus

 

 

130

 

 

 

—

 

Other

 

 

206

 

 

 

292

 

Total prepaid expenses and other current assets

 

$

3,278

 

 

$

3,479

 

Schedule of Property Plant and Equipment Net

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

 

 

 

June 30,
2024

 

 

December 31,
2023

 

Leasehold improvements

 

$

2,117

 

 

$

2,117

 

Laboratory equipment

 

 

3,008

 

 

 

2,868

 

Computer equipment

 

 

1,271

 

 

 

1,133

 

Furniture and fixtures

 

 

864

 

 

 

864

 

Construction in progress

 

 

6,882

 

 

 

6,823

 

 

 

14,142

 

 

 

13,805

 

Accumulated depreciation

 

 

(3,629

)

 

 

(2,979

)

Property, plant and equipment, net

 

$

10,513

 

 

$

10,826

 

Schedule of Accrued Expense and Other Current Labilities

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

 

 

 

June 30,
2024

 

 

December 31,
2023

 

Accrued research and development

 

$

2,613

 

 

$

3,467

 

Accrued compensation

 

 

2,885

 

 

 

3,423

 

Accrued clinical trial

 

 

2,178

 

 

 

1,851

 

Lease liabilities, current portion

 

 

1,754

 

 

 

1,646

 

Accrued professional and consulting fees

 

 

1,072

 

 

 

330

 

Warrant liability

 

 

596

 

 

 

454

 

Accrued severance

 

 

—

 

 

 

390

 

Other

 

 

777

 

 

 

723

 

Total accrued expenses and other current liabilities

 

$

11,875

 

 

$

12,284